#Bitcoin $52k or $36k? URGENT UDPATE!!
#BTC: The 50-day Simple Moving Average serves as a valuable oscillator for understanding Bitcoin's daily price action.
- Bitcoin typically exhibits a movement in the range of
15% to 17% when it falls below this moving average.
- This pattern has been consistently observed
throughout 2023.
Breakouts above this MA have yielded substantial returns, from 35% to as high as 82%, as depicted in the chart.
Currently, the price is hovering around the same level.
A breach below this MA could lead to a 15% correction in the market, potentially bringing the price below $40k and even touching $36k.
This also aligns with 150 SMA another oscillator that shows potential reversal points during an uptrend.
On the contrary, maintaining the current level could propel the price to $52k.
It is essential to prepare for both scenarios.
These observations are solely derived from chart analysis, and the speculation is grounded in logic and fractals.
So, DYOR, NFA
I would appreciate hearing your thoughts on this analysis!
Feel free to share this chart with your friends!
Cryptorphic
#BTC Update: Alright folks, stop panicking! Read WHY!!Firstly, stop panicking, I've got a few DMs where people are crying out loud!
Can't answer all of them so read this chart.
Firstly, you gotta be mature.
Still looks like a retest to me.
Previously posted USDT dominance may hit the lower 5.15 % one more time giving room to BTC to grow to $52k.
INVALIDATION:- I'll be simply wrong if Bitcoin breaks below the $40,222 level and closes in a daily candle!
That's still a long way down the hill! I still think we will hold this level, while ETH and Alts move in the short term.
ETH, ETC will lead the market!
I'll keep this chart updated so do like and share if you like it.
#Tether Will $48k be the top or $52k is still on the cards?The rejection of USDT Dominance from the grey area recently contributed to the upward movement, pushing the price to $48k.
To sustain the momentum and reach the FWB:52K - FWB:54K level, the index must break below this channel.
In the event of a breach in the grey level area, FWB:48K could become the local top.
Let's hope we break down!
DYOR, NFA
Do hit the like button if you like my updates!
#PEACE
#Bitcoin Are you Ready for the ETF Rally 6 Hours to GO!!!!I know we all are still uncertain about what will unfold next, given all the hiccups from yesterday.
I've already shared BTC charts across all platforms, and things are progressing smoothly.
A pullback and a continuation to the FWB:52K level (expecting the news to come positive).
Let's take another scenario:-
My perspective is that there's a chance of a delay until May 2024. This could result in some sideways market movement for the next 2-3 months, with BTC hovering between $40K to $48K.
In the event of ETF approval, a quick pump to FWB:52K - FWB:54K might occur, followed by a sudden dump as miners initiate the "Sell the News" event. It's crucial to note that this is speculative, and nothing is guaranteed.
With only 6 hours left for the ETF news, people are wondering what actions to take. We've already shifted 40% to USDT, 40% to BTC, and only 20% to Alts, securing profits from altcoins that experienced a significant surge.
Now, we have a substantial USDT reserve to buy back at lower prices.
In my humble opinion, it's wise to let the price action mature after the news and avoid making immediate decisions.
Whether the ETF approval happens today or in the coming months, it's inevitable, so staying positive and focusing on the long-term picture is key.
Feel free to share your thoughts in the comments section below.
Thank you
#PEACE
#USDT Dominance signalling a Buy Signal, EXIT ALTCOINS OR WAIT?Tether Dominance Analysis:
☑️ A slight rejection is visible; historically, rejection leads to continuation, while a breakout triggers an exit from the market.
☑️ G-Trend has already triggered a buy signal, implying a shift to selling altcoins for USDT.
☑️ For confirmation, altcoins might dip a bit more.
☑️ The blue trendline and the 6% level are crucial points to observe.
I exited 40% of my altcoins which had vertical moves on the 4th Jan right before the bleeding started.
I have plans to buy back lower but not unless I see some confirmation!
Do hit the like button if you like my updates and share your views in the comment section.
If you do, I will let you know when the sentiment changes!
#PEACE
#USDTether Your Altcoins are Dumping? What to do?
Let's analyze:
Dominance Update: Even though Altcoins aren't reacting as expected while BTC remains relatively stable, Tether (USDT) is in a tricky spot.
The uncertain situation, often called the "grey area," is holding things together for now to some extent. If the dominance goes above 6%, it could signal a trend reversal.
Keep a close eye on this chart – it's like your crystal ball for market insights.
For the current trend to continue, we need a rejection at this level.
Breaking through won't be easy, but it's possible.
Stay alert for signs that support or challenge this analysis.
DYOR, NFA
#BitcoinETFs #Bitcoin
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Thank you
#PEACE
#BTC/USDT Urgent Update!Daddy 200 SMA saving the day so far on a 4-hour chart.
The price is back into the channel.
The news is just a speculation by a media firm, nothing solid. The focus remains awaiting approval from #SEC on #BitcoinETF
Technical Invalidation:- Losing the $40200
What do you think?
Do you think Bitcoin will dump further?
Do share your views in the comment section
Thank you
🚀 #Bitcoin ETF Roadmap, $54k by January End??🚀
Our last 3 Roadmap charts have been spot-on and quite viral too, Thanks for your support so far!
Let's get back to the chart!
Analyzing the current market conditions, We're still on track to reach the top of the 5th wave, expected to be in the $47,000 to $54,000 range.
Following that, we anticipate an ABC correction.
This upcoming move will essentially confirm the accuracy of our Elliott Wave Theory, which has accurately predicted each wave precisely over the past two months.
Other technical rationale behind this projection:
1. Fractals: Examination of fractal patterns on the charts reveals similar PA during the last 5 months before the halving! (Charts will be posted soon)
2. Multiple Indicators: Various technical indicators align, emphasizing the bullish sentiment including much anticipated ETF News!
3. Elliot Wave Theory: So far every single wave has been on track, the 5th wave will complete our 2-month-long EW Wave.
Anticipate this movement within the coming week, but it's crucial to remain prepared for potential market shifts.
Invalidation point: A close below $41,200 could signal a deviation from the anticipated trend.
If you find this chart useful, please consider giving it a thumbs up and sharing it. Feel free to bookmark it to stay informed about any market shifts.
DYOR, NFA
Thank you
PEACE
#BTC/USDT Will Bears take over?#BTC is currently trading around the $42.6k level, with the 100-day moving average (100 MA) acting as support.
Breaking below this level could lead us to the $40,222 level, which is the lower support for Bitcoin.
I anticipate a bounce from the same level.
Keep an eye on the 100-day moving average for the next few 4-hour closes.
Ensure you book profits on your leverage positions.
For spot, I am just holding my positions.
Do hit the like button if you like my content.
hope you are riding the alts I've recommended earlier in my charts.
DYOR, NFA
#PEACE
#USDT Dominance is printing something scary!🚨Market Caution Alert! 🚨
While many anticipate a move to FWB:48K , it's crucial to stay vigilant as market conditions can shift rapidly.
I'm also waiting for this level, but let's be cautious and ready for sudden changes.
I've explained the significance of this weekly close for Bitcoin.
Recall your greatest losses? When you were unprepared for the unexpected. Let's avoid a repeat this time!
Running Trades on Leverage:-
1. Set your Stop Loss (SL) to manage risk.
JTO: SL at $2.36 (in red).
DYDX: SL around $2.776 (in green).
2. I'm not adopting a bearish stance, but the goal is to prioritise caution and secure profits. I've said it before I am spot-long till Q3 of 2025!
3. Avoid excessive use of leverage for safer trading.
Let's stay alert and make informed decisions. Markets can be unpredictable, and protecting our investments is paramount.
#Crypto #BTC
Do show. your support and boost this chart if you like it.
Thank you
#PEACE
#ETH is about to make a massive 20% move!ETH is poised to make a move to $2700, representing almost a 21% increase from the current market price (CMP). The breakout from the wedge is clean, and there's a perfect retest happening as we speak. This anticipated movement is expected to trigger significant gains in other altcoins. Some of our gem coins have already started moving, with a few experiencing gains ranging from 50% to 100%!
For those interested in futures trading, you can use this chart with the right stop-loss (SL) in place.
Trade Details:
Entry Range: $2166 to $2255
Target Levels: $2377, $2433, $2544, $2634, $2712
Stop Loss: $2098
It's crucial to use a stop loss, especially in the current high market conditions. Failing to do so might result in giving back hard-earned gains to the market.
Cheers!
If you're interested in more updates, feel free to hit the like button and share your views in the comment section.
Thank you.
#PEACE
*Note: This information is not financial advice. Please conduct your research.*
#SOL/USDT Reacjed All Targets but I did this mistake!#Solana: Reflecting on a Regretful Trade 😔
I sold too early, around $42 – a common mistake when chasing market highs and lows. I've learned from past errors, especially in the last bull run, and won't repeat them.
So, what's the best move?
Hold onto your coins for the next 18 months. Skip the 4-hour and daily charts; focus on the weekly and monthly, zooming out for perspective.
These upcoming 18 months could redefine your game. Choose the right path.
If this resonates, repost and boost. Share your thoughts in the comments.
#WAGMI 🚀
#SOL #solana #SolanaDeFi
#BTC/USDT Weekly: This pattern signals Trend Reversal!#BTC Weekly Update: Breaking the Green Streak!
Bitcoin (BTC) sees a change in trend as it closes the week with a red candle, ending an eight-week run of green candles. This shift is marked by the formation of a Bearish HARAMI pattern, signaling a potential bearish reversal.
The confirmation of this pattern hinges on the weekly close; BTC needs to end the week below $41,349. Until this confirmation, Bitcoin may move sideways, providing an opportunity for altcoins to thrive. Investors should carefully select altcoins during this period of potential BTC consolidation for optimal gains. Stay vigilant!
Do hit the like button if you find this chart helpful.
Thank you
#PEACE
#BITCOIN Update for Dummies!Keeping it simple: as long as we maintain levels above $40,222, Bitcoin is likely to reach higher targets. Consider every dip a blessing and a buying opportunity in altcoins. However, a close below $40,222 could trigger a bearish rally, marking a new lower low since the start of this 8-week run.
Action Plan:
I am spot long and don't plan to make any changes unless something significant appears in my charts. For futures, I am taking profits as they show up, implementing strict stop-losses in my current positions.
Feel free to share your thoughts in the comment section, and if you find this information helpful, please hit the like button.
Thank you.
Are you playing your cards right? #ALTCOINS🚀Are you playing your cards right?🌟
Altcoins must continue to rise while #BTC either moves sideways or corrects and maintains a sideways trend.
I will not give up on my altcoins for 3x to 7x gains while it can go 50x to 100x!
The chart you see below this post is like a lottery If you know what I mean! Things have changed my friends and you need to go with the trend.
I will be focusing on the latest narratives that drive the trend, whether it's RWAs, Gaming, or AI.
You need to adapt to the trend.
💡 Let's learn from past missteps avoid taking random trades and move strategically.
Money is transient, but the next 2 years hold life-changing potential.
I'm dedicated to curating a portfolio of top-tier altcoins.
💡 If you are new, stop being degen, This is the best advice I could give you.
🔥 Bookmark this post!
Follow me and repost to know my carefully chosen altcoin picks.
Together, let's make the next 2 years not just profitable but extraordinary!
#altcoins
#BTC/USDT Price forecast, Another 100% Accurate Setup!#Bitcoin : Yet another precise chart, pointing to $42,800, and are we headed lower? Unlikely, though not impossible.
The dips are consistently being bought, showcasing resilience in the market.
The Bulls remain steadfast, refusing to surrender. Bitcoin appears to be crafting a bull flag as we speak. Caution is advised against adopting a bearish stance at this moment. Though there's supply above $45k, FWB:48K could be on the cards.
I'm spot-long for the next two years.
It's a strategic move, and my confidence in the potential is unwavering.
Curious to hear your thoughts on the current market dynamics.
DYOR, NFA
Do boost this chart if you like it.
Cheers! 🚀
#Crypto
#SOL/USDT 3 Days chart pointing for a correction.#SOL (On request): If I were you, I would wait for a correction to enter if not holding yet.
If you have it on spot, better hold it for the next 18 months or so.
The green box aligns with the .618 golden pocket, which will be the point where buyers are likely to show interest.
Not Financial advice, DYOR
#BTC/USDT Urgent update#Bitcoin Update: Testing the lower support of the channel.
Market momentum seems subdued, requiring a push to surpass the $38k hurdle.
Adjusting invalidation to a daily close below $35,628. Unless breached, BTC may target FWB:42K +
Do Your Own Research (DYOR), Not Financial Advice
#cryptocurrency
📈 🚀KCS/USDT Potential $100 Target. 15X form cmp🚀
#KCS emerges as a top pick for accumulating during potential market dips. Recent shifts in Binance leadership and the entry of major players like Blackrock into crypto hint at a redistribution of trading volume, favoring KuCoin as a go-to for small-cap coin trading.
Conservatively targeting $70 to $100+ for KCS in the next two years. Optimal entry at $5.2 to $6.2—keep a strategic mindset, and tolerate short-term downturns for 10-20x gains.
The monthly trajectory check reveals a convergence of around $100, synced with halving dates. Brace for a 50% diminishing returns twist this time.
DYOR, NFA.
#KuCoin
#BTC/USDT Still on track! $42k on the table.#BTC : Currently on track and still anticipating a $40k+ rally.
Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend.
Altcoins are rebounding as well.
Invalidation still remains to be close a below the $34500 level.
If you are reading this you already went through the worst phases in the last 2 years.
Stick to the plan and be ready for what's coming for the next two years.
Whenever in doubt, zoom out!
Cheers
#Crypto
#ETHUSDT hitting major HTF resistance.Ethereum is currently being traded at $2100.
A potential bullish scenario may unfold if there is a weekly close above $2130, which could initiate a rally towards $2700, encountering minimal resistance in higher timeframes (HTF).
On the flip side, the bullish outlook would be invalidated if there is a close below $1890.
To keep it short, I am bullish unless it breaks below $1900.
Futures Trade Setup:
- Long entry: Between $1923 and $2110
Targets:
- $2389
- $2522
- $2722
Stop Loss (SL): $1890
Risk-Reward Ratio (RR): 1:4
Disclaimer: This information is not financial advice, and it is crucial to conduct your own research before making any trading decisions.
Thank you,
#PEACE.