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BITCOIN ( BETWEEN TWO TURNING LEVEL ) (4H)BITCOIN HELLO TRADERS Tendency , the price inside two turning level around 65,707 & 63,416 . TURNING LEVEL (1) : the price of this level at 65,707 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 63,416 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 68,199 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 69,602 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 60,065 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 58,203 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 64,819 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 68,199 , 69,602 . SUPPORT LEVEL :60,065 , 58,203 .
BITSTAMP:BTCUSD
by ArinaKarayi
BTC going to $70K soon? The price of Bitcoin dropped 3 percent to $64,258 over the past 24 hours, Trading View’s Bitcoin chart shows. The cryptocurrency trend was negative over the past 24 hours after the Federal Reserve hinted at a potential a rate cut in September. The US central bank kept its benchmark rate unchanged at a 23-year high. This means that less risky assets such as bonds generate relatively high returns. “Commentary has been leaning positive toward Bitcoin this week. In fact, this is the highest level of bullish commentary from the crypto crowd since the week of May 15th. The level of optimism from the crowd indicates that many believe $70K BTC is imminent,” the crypto research firm Santiment said. “As crypto investors, we spend a lot of time focused on downside risk. We’re all acutely aware that, at any moment, an event might occur that will drive prices sharply lower. It’s fairly common for people to say that bitcoin ‘could go to zero.’ I think we have to accept that there is now an equal risk to the upside,” Bitwise’s CIO, Matt Hougan, writes in his weekly note following the world’s largest Bitcoin conference held in Nashville last weekend. “If the 2024 Bitcoin Conference conveyed anything, it was this: It’s time to rethink what’s possible for Bitcoin,” he concludes. A strong sun will shine over Bitcoin in the next 24 hours, indicating a bullish trend with buy signals. 🌞  Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
XRPUSDT ( BETWEEN TWO TURNING LEVEL ) ( 1H )XRPUSDT HELLO TRADERS Tendency , the price inside two turning level at 0.62 & 0.60 . TURNING LEVEL (1) : the price of this level at 0.60 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 0.62 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 0.65 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 0.69 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 0.56, for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 0.51, for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 0.61 , have two scenario , first corrective 0.62, before dropping to touch a 0.60 , then 0.56, second corrective 0.60 to reach a 0.62 , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 0.65, 0.69 . SUPPORT LEVEL : 0.56 , 0.51 .
by ArinaKarayi
The ETH RUN ? With the crypto halving this year and upcoming elections, the countdown to more mass adoption in crypto has begun. Ethereum (ETH), being the second largest cryptocurrency, now sits above the $3,000 level and has been creating a range for the last 147 days. soon I speculate $4000 then $5000 Why Ethereum (ETH) Will Be Bullish 1. Recent ETF Approval Increased Investment: The approval of Ethereum futures ETFs makes it easier for big investors to buy into Ethereum, boosting its demand and liquidity. Legitimacy: Regulatory approval signals that Ethereum is seen as a legitimate investment. 2. Recent Halving Reduced Supply: The halving event will decrease the supply which can lead to higher prices if demand stays the same or increases. 3. Growing Adoption Institutional Interest: Big companies and financial institutions are investing in Ethereum, driving up its value. DeFi Growth: The rise of decentralized finance (DeFi) increases the use of ETH for transactions and as collateral. 4. Technological Advancements Ethereum 2.0: The upgrade to Ethereum 2.0 will make the network faster, more secure, and more energy-efficient. Smart Contracts: Ethereum is the top platform for developing decentralized applications and smart contracts, which are essential for the blockchain ecosystem. 5. Positive Market Sentiment Historical Performance: Ethereum has shown strong growth after key upgrades and market events.Market Perception: There is increasing recognition of Ethereum’s value, boosting demand. 6. Regulatory Clarity Clear Regulations: Better regulatory clarity in major markets reduces uncertainty and attracts more investors. 7. Economic Factors Global Trends: Economic issues like inflation can drive more people to invest in cryptocurrencies like Ethereum as a hedge against traditional financial markets.
COINBASE:ETHUSDLong
by Evanture
BITCOIN ( TRADING INSIDE DESCENDING CHANNEL ) (4H)BINANCE:BTCUSDT.P HELLO TRADERS Tendency , the price inside two turning level at 65,475 & 63,714 . TURNING LEVEL (1) : the price of this level at 65,475 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 63,714 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 68,149 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 71,671 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 60,758 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 56,890 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 63,994 , have two scenario , first corrective 65,475 , before dropping to touch a 63,714 , then 60,758, second corrective 63,714 to reach a 65,475 , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 68,149, 71,671. SUPPORT LEVEL : 60,758 , 56,890 .
BITSTAMP:BTCUSD
by ArinaKarayi
ETH to drop in the next 24 hours - bearish trend Following initial inflows on their first day of trading on Tuesday, the nine spot Ether exchange-traded funds (ETFs) have experienced outflows totaling $179 million over the subsequent two days. The outflows are driven by more than $1.1 billion exiting Grayscale's incumbent Ethereum Trust, AMEX:ETHE , which was converted into an ETF on Tuesday. Its fee is over 10 times higher than that of the asset manager’s mini Ether ETF, CRYPTOCAP:ETH , which has seen inflows of $119 million over the past three days. BlackRock’s ETF, NASDAQ:ETHA , leads the inflow ranking with $355 million in inflows over the past three days. The price of Ether added 2 percent to $3,240 over the past 24 hours. Drizzle will linger over Ether in the next 24 hours, signaling slightly bearish market conditions, but, over a one-week horizon, Ether will see timid sun, which indicates a mildly bullish market. Follow us for more crypto news and weather reports!
COINBASE:ETHUSDShort
by ATTMO
BTC upside potential for the next 24 hours The Bitcoin Conference 2024, the largest world’s Bitcoin conference, kicks off in Nashville later today. Republican presidential candidate Donald Trump will be its keynote speaker on Saturday. There are rumors that he will announce that Bitcoin will be transformed into a strategic reserve asset. Meanwhile, the organizer of the conference, Bitcoin Magazine, denied rumors that the Democrat presidential candidate Kamala Harris would be speaking. “No surprise. What can she say to us when she’s actively imprisoning developers, forcing our industry overseas, attacking PoW… it would have been a disaster for her,” the CEO of Bitcoin Magazine David Bailey said. “I gotta be honest, feels like Kamala should commute Ross Ulbricht’s sentence before addressing the Bitcoin community. That’s the tables stakes. Both Trump and RFK have promised to do that day 1,” Bailey said. Ulbricht was sentenced to life in prison without the possibility of parole under the Obama administration in 2015 for creating and operating the darknet market website Silk Road. This website sold drugs and other illegal goods. “All eyes on Trump now. Choice is simple really, Trump Pump or Biden Dump?,” Bailey added. Bitcoin may reach $100,000 “very soon” on expectations that the Republicans will win the US presidential elections in November, the CEO of CSOP Asset Management Ding Chen told Bloomberg earlier this week. The price of Bitcoin fell 2.5 percent to $64,190 over the past 24 hours, Trading View’s Bitcoin chart shows, while ATTMO forecasts strong sun for Bitcoin for the next 24 hours, indicating upside potential and a bullish trend. Follow us for more crypto news and weather reports!
Long
by ATTMO
BTC 24-hour upside potential; downside over the 7-day horizonBitcoin reached a five-week high over the weekend supported by hopes of a Republican victory in November. These were slightly dashed on Sunday when the Democratic presidential candidate Joe Biden dropped out of the race, increasing the chances of a Democratic victory. A Republican victory is seen as much more favorable for the cryptosphere. The SEC has extended its deadline for comments on the potential listing and trading of options on trusts or ETFs holding Bitcoin to between Sept 21 and Nov 20, the US regulator said. The price of Bitcoin dropped 1.4 percent to $66,838 over the past 24 hours, Trading View’s Bitcoin chart shows. ATTMO forecasts a sunny day ahead for Bitcoin, indicating a potential upside, yet, drizzle within 3 days, extending to the next week, which could announce a bearish trend and downside for the biggest crypto. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSD
by ATTMO
POWRUSDT | UP THIS WEEK!I’m feeling bullish about this week for crypto, and POWRUSDT is looking primed for an upward move. Here’s why: Market Momentum • ETH ETF Launch: With the ETH ETF trading this week, we’re expecting a ripple effect across the altcoin market. 🚀 • Crypto Sentiment: The market is buzzing with optimism, and altcoins like POWR could ride this wave. Technical Setup • CHoCH Formation: POWRUSDT recently created a Change of Character (CHoCH), signaling a potential reversal and bullish momentum. 📈 Strategy I’m aiming for a solid 1.78:1 Risk-Reward ratio, which is quite promising given the current setup. Action Plan Long on POWRUSDT, leveraging the positive market sentiment and technical signals. With the ETF launch potentially sparking a broader market rally, this could be a golden opportunity. Let’s ride the wave and see how high we can go! 🚀✨ Good luck, everyone!
Long
by minno91
ETHUSDT | UP WITH ETF?Big news is on the horizon! The ETH ETF starts trading tomorrow, and this week could be monumental for crypto. Let’s dive into why ETH might be headed for a new all-time high. Market Catalyst • ETH ETF Launch: The launch of an ETH ETF is a major event, bringing fresh attention and potential inflows to Ethereum. Bullish Indicators • Market Sentiment: The anticipation around the ETF has already stirred excitement in the market. • Historical Context: Similar to BTC ETFs in the past, major asset launches often lead to price surges. Strategy Given the hype and potential inflows, I’m betting on ETHUSDT making a significant move upwards. Risk-Reward With a solid 3.28:1 RR, this trade offers a compelling opportunity to capitalize on the momentum. Action Plan Long on ETHUSDT, targeting a new ATH as the market absorbs the ETF news. The excitement is palpable, and this could be the catalyst ETH needs to break through. Let’s see if this ETF launch propels ETH to new heights! 🚀💥 Good luck, everyone! #minno #ETHUSDT #CryptoTrading #ETFLaunch #NewATH #MarketAnalysis #Bullish #CryptoNews #StayTuned
Long
by minno91
ETH - bullish 24-hour upside expected!Listing of 8 spot ETH ETFs is expected on July 23! The deadline for returning the final S-1 registration forms for the eight-spot Ether ETF has been set for July 17 by the Securities and Exchange Commission (SEC). “SEC finally gotten back to issuers today, asking them to return FINAL S-1s on Wed (incl fees) and then request effectiveness on Monday after close for a TUESDAY 7/23 LAUNCH,” conditional on no last-minute hurdles, Bloomberg’s ETF analyst Eric Balchunas, said. Meanwhile, Reuters reports that Blackrock, Franklin Templeton and VanEck have obtained “preliminary approval” for their spot Ether ETFs. Such ETFs hold an equivalent amount of the underlying asset, contrarily to future ETFs that track futures contracts of the underlying asset rather than the asset itself. The price of Ether rose 2.3 percent to $3,437 over the past 24 hours. ATTMO predicts strong sun for Ether in the next 24 hours, signaling bullish trend and upside potential over this time horizon. Follow us for more crypto news and weather reports!
COINBASE:ETHUSDLong
by ATTMO
1
BTC about to drop down, again!Cryptocurrencies rallied over the weekend following the assassination attempt on the Republican presidential candidate Donald Trump. Experts expect the botched attempt to increase the odds of a Republican victory. “As we near elections this fall, the cryptocurrency community has generally shown bullish responses toward pro-Trump news, due to his recent pro-crypto comments. It goes without saying that surviving an assassination attempt is perceived as pro-Trump news. Therefore, bullish responses have occurred,” the crypto intelligence firm Santiment said. The price of Bitcoin rose 4.4 percent to $62,610 over the past 24 hours, after having dropped 5.5 percent over the past month, Trading View’s Bitcoin chart shows. Another factor that dragged down the price of Bitcoin over the past weeks, but now is gone, is the massive sale of the Bitcoins seized by the German government. On Saturday, the government had sold off its entire balance of 49,860 Bitcoin, valued at $2.9 billion, according to Arkham Intelligence data. This relief might be temporary. “The impending Mt. Gox liquidation could significantly impact the market between August and October. Up to $6 billion of the $9 billion could be sold, potentially influencing market dynamics This potential influx of sales could create challenging conditions for Bitcoin traders in the coming weeks…,” 10xResearch writes in its daily note. A timid sun will shine over Bitcoin in the next hour or so signaling slightly bullish market conditions and possible buy opportunities. However, drizzle lingers over Ether, Binance Coin and Ripple’s XRP translating into bearish market conditions and potential sell opportunities. Over a 1-day and 1-week time horizon, this drizzle will sweep over Bitcoin, while Ether should profit from a timid sun shining through the clouds. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSD
by ATTMO
Bitcoin - upside potential in the next 24 hours The cryptocurrency trend was negative over the past 24 hours, as seized Bitcoins continue to be offloaded to crypto exchanges. Yesterday, the German government offloaded an additional 832.7 seized Bitcoins to centralized crypto exchanges such as Kraken and Bitstamp, Lookonchain reports. On Monday, it transferred 1,500 Bitcoins. The German government still holds a total of 43,859 Bitcoins worth $2.7 billion at today’s price. The price of Bitcoin dropped 2.8 percent to $61,146 over the past 24 hours, Trading View’s Bitcoin chart shows. It now trades 17 percent below its all-time high of $73,628. Standard Chartered foresees its price hitting an all-time high next month and trading around $100,000 by November when the US presidential elections are held, $150,000 by year-end and $200,000 by the end of 2025, the Block reports. ATTMO forecasts mostly sunny trading conditions for Bitcoin, translating into a slightly bullish market, for the next 24 hours. Check attmo.ai to get insights into the 3-day and 7-day forecast for Bitcoin and the rest of the market.
BITSTAMP:BTCUSDLong
by ATTMO