BTC Greed at 69: Key Price Action on Bullish Engulfing WatchGM crypto bro's! This morning, the fear and greed index is at 69 in the greed zone. The Stoch RSI has exited overbought territory. Yesterday, on 23/10/2024, BTC dropped significantly to the 65K range, but our 64K zone hasn’t been touched yet.
Price action this morning shows that if today’s candle closes as a bullish engulfing, the chance of visiting 64K decreases, with a higher probability of BTC heading towards 70K. Keep in mind, the market is dynamic—don’t FOMO, always manage your risk. Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Marketupdate
BTC in Greed, Correction Continues ? Watch for Lower Levels ?GM crypto bro's! This morning, the fear and greed index is back in the greed zone at 71, with Stoch RSI starting to exit the overbought area. Today’s market outlook is similar to yesterday—BTC is likely to continue its downward movement.
Keep in mind, the market is dynamic—don’t FOMO, always manage your risk. This is Akki, signing off—one chart, one love. Have a nice day and stay SAFU.
BTC Greed Index Drops to 70: Correction Begins, Eyeing 64K ?GM crypto bro's! This morning, the fear and greed index slightly dropped to 70, down from 73, and Stoch RSI is signaling a potential decline, exiting the overbought area.
Finally, BTC is experiencing a significant correction, dropping from 69K to 67K. The next potential correction target is in the 66K range, with a possibility of visiting our 64K range. Get your bullets ready to buy the dip, and as always, keep in mind that the market is dynamic—don’t FOMO, manage your risk.
This is Akki, signing off—one chart, one love. Have a nice day and stay SAFU.
BTC Greed Zone 72: BTC Holding at 69K, Potential Pump or Drop?GM crypto bro's, back to the working day! This morning, the fear and greed index remains in the greed zone at 72, with Stoch RSI still chilling in the overbought area.
BTC is currently staying around the 69K range, with no significant correction yet—just small retraces so far. So, where could BTC head next? Looking at the price action this morning, it’s tough to predict, but there are two possible scenarios: either BTC hits 70K or drops back to the 64K - 63K range.
Keep in mind that the market is dynamic—don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—Greed Zone 73: Correction More Likely Than Pump to 70K?GM crypto bro's, happy weekend! This morning, the fear and greed index stays in the greed zone at 73, while the Stoch RSI is still comfortably in the overbought area like yesterday.
Looking at today's price action, it seems quite challenging for BTC to pump to 70K. The probability of a correction is higher than the potential for another pump, but in the crypto market, nothing is impossible. Keep in mind that the market is dynamic—don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTC Stay In Greed Zone Dump Imminent or Pump to 70K?GM crypto bro's, this morning the fear and greed index is at 72 in the greed zone, while the Stoch RSI remains comfortably in the overbought area.
BTC has pumped quite high to around 68,953, and on some exchanges, it may have even hit 69K. However, the correction to our 64K range has yet to happen. The price action is quite overbought, which makes a dump more likely.
Still, always be cautious—keep in mind that the market is dynamic. Don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTC in Greed Zone, Overbought RSI: Correction or Instant Pump?GM crypto bro's, this morning the fear and greed index remains in the greed zone at 73, while the Stoch RSI is in the overbought area.
BTC has made a slight correction this morning, and with the weekend approaching, which usually sees low volume and normal corrections, BTC may revisit the 64K - 63K range, or perhaps dip further into the 62K - 61K range.
However, an instant pump back to 69K is still a possibility. Keep in mind, the market is dynamic. Don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BITCOIN in Greed Zone , Will BTC Peak at 69K Before Correction?GM crypto bro's, we are still in the greed zone at 71 this morning, and Stoch RSI is at the peak of overbought. BTC reached a top around 68K.
Looking at the price action, there's a strong possibility BTC will visit 69K first before a correction towards 64K. But keep in mind, with the market in this greedy state, don't get FOMO. Always maintain your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—Greed Zone 73, Will BTC Hit 69K or Retrace First?GM crypto bro's, this morning the fear and greed index is still in the greed zone at 73, and the Stoch RSI is already in the overbought area. Last night, BTC pumped significantly to around 67,800.
Will the correction to the 64K - 63K range not happen? The market is dynamic, so it’s hard to predict with certainty whether a correction will occur. However, personally, I see a big probability for a correction before BTC hits 69K.
But keep in mind, with the market in this greedy state, don't get FOMO. Always maintain your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—After Pump to 66K, What’s Next? incomming dump?GM crypto bro's, this morning fear and greed index entered the greed zone at 65, while Stoch RSI is nearing the overbought area. BTC has finally hit 65K, even reaching 66,480, and this pump pushed the index into greed.
What’s next for BTC? Normally, after a pump and hitting greed status, a correction is likely. Looking at this morning's price action, the areas that could be retested are the 64K - 63K yellow zone and the 62K - 61K red zone.
However, there's also a chance BTC could do an instant pump to 69K again. Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Bitcoin will break 7 month Bullish Flag?Hey traders!
Here we are, as we thought we touched 59K and we came up.
And we're still moving in a long 229 day bullish flag, and hopefully we could break it soon.
The next resistance target is around 68K and if we're going to break this level, plus volumes will confirm and will see short correction if RSI will be oversold we can go upwards strongly!
But don't forget to pay attention for 1 Day MA which is still bearish, volumes that are still descending and RSI.
What's your thoughts?
BTCUSD—Small Retrace Before 65K? or incoming pump ?GM crypto bro's, back to working day! This morning, fear and greed index is at 48, neutral zone, while the Stoch RSI is still heading towards the overbought area.
Price action suggests a small retrace to around 61K might happen today, but the bigger picture still leans towards 65K. Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—Road to 65K Continues !, Caution for another drop?GM crypto bro's, happy weekend! Fear and greed index remains neutral at 50, and the Stoch RSI is signaling it’s heading towards the overbought area.
Today’s market update is pretty similar to yesterday—Bitcoin is still on its way to 65K. Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—65K Target Hit? What's Next for Weekend Trading?GM crypto bro's, happy weekend! Fear and greed index is back to neutral at 49, and the Stoch RSI is rising out of the oversold area. Today, BTC has pumped as I mentioned in yesterday's market update, with a high probability reaching the 65K target range.
However, this doesn’t mean the risk of a dump is over. Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—Bounce Back to 65K Incoming? CPI Data Drives DropGM crypto bro's, fear and greed index is in the fear zone at 32 this morning, with Stoch RSI now sitting in the oversold area.
BTC dropped again this morning, just as I mentioned in yesterday’s update, touching the 59K–58K range. This may have been caused by the higher-than-expected CPI data release. Now, will BTC drop even further? Based on this morning's price action, the probability seems to lean more towards a pump to 65K rather than another drop to 58K.
Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—Price Action Targeting 58K–59K, Market Turning RedGM crypto bro's, Fear and Greed Index is in the fear zone this morning at 39, with Stoch RSI dropping back into the oversold area.
As I remind you every day, always be cautious of potential dumps. In yesterday’s market update, I expected BTC to visit 65K first, but the market had other plans, dropping to 60K. Now, where’s BTC heading next? Price action suggests a potential visit to the 59K–58K range, around the red zone, with a possible slight reclaim to 61K.
Keep in mind that the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Bitcoin falling to 59K??? Short-term prediction!!Hey guys!
Many interesting things happening at the market right now, and here are my thoughts about BTC.
So in quick we have a red cross on 4H, so seems like we at least can see BTC around 59K, cause also this is important Fib 0,618 level.
The volumes are still descending, plus the green line was broke, which means that we have a convergence with volume.
For me, for sure we gonna touch 59K zone and after we will see.
What's your thoughts?
BTCUSD—Sideways Action with 65K Target, keep Stay Alert GM crypto bro's, the market is moving sideways this morning with the Fear and Greed Index at a neutral 49, and Stoch RSI exiting the oversold zone.
Overall, the target remains the same at 65K, but the risk of a dump still exists. Keep in mind that the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Midweek Outlook—Pump to 65K Likely with Small Dump RiskGM crypto bro's, this morning, the Fear and Greed Index is neutral at 49, while the Stoch RSI has started to exit the oversold area.
Yesterday's candle (07/10) touched 64K but dropped back to 62K this morning. What’s next for BTC? Based on price action, there's a high probability for another pump up to 65K. Though a deeper dump is possible, I personally think the pump probability is higher.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Bitcoin breaking 64k!!! Next 68???Hey guys!
Friday scenario didn't worked and we continue growing. Here are some thoughts about next movements.
Bullish: We're now moving in a raising channel and the MA have a bullish cross.
Bearish: The RSI is closing to the overbought point and there is the volume divergence.
Additional: We are between two important resistance and support levels.
So my thoughts here, that If buying momentum continues to fade, given the volume divergence and high RSI, a short-term pullback could occur, potentially taking Bitcoin towards the $62,000 support level. Should this support hold, it may provide a bounce opportunity for bulls to regain momentum.
On the other hand, if Bitcoin manages a successful break above the $64,000 resistance, it could pave the way for a move towards the higher resistance levels between $66,000 and $68,000, marking a continued bullish trend.
What u think?
Ethereum's Path to $4,200: Rising Channel Signals Big MovesHello, fellow traders! I'm excited to share my latest insights on Ethereum. Let's dive into the long-term trends and what they might mean for us in the upcoming months.
Current Market Structure
Ethereum's price is developing within a long-term rising channel, showcasing a series of higher lows and higher highs since 2022. This pattern indicates a sustained bullish momentum.
Key Support Level: $2,000
This level is crucial. Holding above $2,000 suggests Ethereum may continue to rise within the channel.
A breakdown below could signal a potential shift in the trend.
Potential Price Movements
Upside Potential:
If Ethereum remains in the rising channel, there's a strong chance we could see a move up to the previous all-time high (ATH) around $4,200.
Breaking above $4,200 might pave the way for new ATHs.
Resistance and Reversal Risks:
The previous ATH at $4,200 could act as a significant resistance point.
There's a possibility of a pullback from this level, potentially leading to a "stop-loss hunt" scenario that might drag prices down to the $3,400–$3,200 area.
My Outlook
I'm anticipating movement within the rising channel towards $4,200 in the coming months. At this key level, caution is essential. Considering taking profits or adjusting positions could be a wise strategy.
What do you think about Ethereum's current setup? Are you observing similar patterns or have a different perspective? I'd love to hear your thoughts!
If you found this analysis helpful, please give it a like and follow for more crypto insights. Best of luck to all the hodlers and traders out there!
BTCUSD Weekend Outlook—Targeting 64K with Potential Drop to 59KGM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 50, while the Stoch RSI is slowly exiting the oversold zone.
Today’s market outlook is similar to yesterday’s, with a target of 64K, though there is still potential for another drop, possibly back to the 59K area.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Reclaims 62K with Bullish Signs—Potential to Reach 64KGM crypto bro's, this morning the Fear and Greed Index has increased, moving out of the fear zone and into neutral at 49. Meanwhile, the Stoch RSI is signaling potential upward movement.
BTC has reclaimed the 62K area as I mentioned in yesterday's update, and the bullish price action seen this weekend may increase the probability of BTC reaching the 64K range.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.