BTC Sideways in Yellow Zone: Will It Dump or Pump to 76K?GM, this morning BTC on the daily timeframe is still sideways within the yellow zone. The probability for a dump is still present as RSI remains in the oversold area and the fear and greed index is still in the greed zone. The target price remains the same at 76K. Let's see what the market makers will do this month.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
Sekilascrypto
BTC Sideways Trend: Will It Drop First Before Pumping to 76k?GM, crypto bros. This morning BTC is still trending sideways. The RSI is still in the oversold area, and the fear and greed index is at 73 in the greed zone. Overall, today's outlook is quite similar to yesterday. There is a possibility for BTC to drop slightly before pumping to 76k.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC's Bullish Monthly Close: Ready for a Pump to the Green Zone?GM, today's monthly BTC closing is quite bullish. On the daily chart, there's still rejection for a pump out of the yellow zone area. The RSI indicator is still in the oversold zone, and the fear and greed index is still in the greed area this morning.
My personal outlook is that BTC might drop again if it can't break above the yellow zone area, but there's still a chance for BTC to strengthen and pump to the green zone area at 76150 - 77302.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC's Bullish Close: Will It Pump to 70k or Drop Further?GM, yesterday's candle closed quite bullish on the 30th, but BTC's price still hasn't exited its yellow zone. The fear and greed index is currently at 73 (greed), and the stoch RSI has entered the oversold area, but there's still a possibility that the price could drop even further.
My personal outlook is that there is still a chance for BTC to pump to 70k++, but don't ignore the potential for a deeper dump as well. Let's see how the monthly close for May turns out.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC in Yellow Zone: Will It Drop Further or Rebound Soon?GM, this morning BTC is still sideways with a slight dump. The price is still within the yellow zone, and there is a possibility for a drop to the orange zone at 64846 - 63261. The stoch RSI is starting to enter the oversold area.
My personal outlook is that today's candle on the 30th might close bearish, and tomorrow on the 31st could see a slight bullish movement. Maybe the beginning of the month will see a small pump.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC Dips to 67K: Bullish or Bearish? Find Out in Today's AnalysiGM, BTC's sideways movement turned out to be deeper than expected, even dropping to the 67K area yesterday. Currently, my personal outlook is 60% bullish and 40% bearish. The fear and greed index this morning is still at 72 and in the greed zone, suggesting that market makers might continue to shake out retail investors before pumping hard.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC Faces Strong Rejection: Will It Drop Further or Move SidewayGM, this morning BTC started to drop again, and the candle close on the 27th was bullish but faced strong rejection. The fear and greed index is still in the greed status this morning, so overall there's still a chance for BTC to drop further.
However, my personal opinion is that BTC might just move sideways between 69K - 70K until the end of May. Let's see where the market will take us.
Keep staying safe, always maintain your risk, and as always, that's all for today's crypto update.
I'm Akki, signing off with one chart.
Altcoin Season Incoming? Big Pump Potential!Similar to TOTAL, there is still a big chance for a pump higher to the green zone area of 858.309 - 876.481B. If this happens, it could signal the beginning of an altcoin season bull run. However, it might not be that easy to pump to that level; I believe there will be one more dip to shake out retail investors and crypto enthusiasts, making them scream "crypto scam" again before the real bull run occurs when people are skeptical about the market.
Crypto Market Cap Analysis: Overbought RSI and Potential PumpThe crypto total market cap has followed the potential pump I mentioned last week. So, what's next for TOTAL?
From a technical analysis perspective, as we can see, the RSI is still in the overbought area, indicating a potential retest before continuing its pump. There is a big possibility that the pump will reach the greed zone area of 2.957 - 3.024T.
ETHBTC Analysis: Bullish Momentum and Potential Corrections#personaloutlook #marketupdate
#cryptoweeklyupdate on 27/05/2024
#sekilascrypto #ETHBTC
As I mentioned last week, we have successfully broken through the yellow area at 0.4883212 - 0.05036641, indicating that ETH is starting to strengthen against BTC. So, what's next for ETHBTC?
Currently, it remains quite strong and bullish, but as we can see, the Stoch RSI is already entering the overbought area, which could potentially lead to a correction. On the daily timeframe, there is still a chance to reclaim up to 0.06047006 and then drop back as a correction to the current area around 0.05677990. However, overall, there is a big possibility it will move to the green zone in the area of 0.06554863 - 0.06813071.
BTC Market Update: Bullish Rebound Potential on 27/05/2024Good morning, the candle close on the 26th has the potential to drive BTC down further, but today's candle on Monday the 27th looks quite bullish. If tomorrow's candle can close fully covering the body of the 26th candle, it could increase the chances of reclaiming the 70893 area.
The Fear and Greed Index this morning is still in the greed status, indicating there's still a chance for market makers to push it down to fear status with the aim of shaking out retail investors first. However, as always, the market is dynamic and anything can happen.
"Hope for the best and prepare for the worst."
Keep in mind to stay safe and always trade like a robot without emotion. That's it for today's crypto update.
I'm Akki, signing off with one chart.
BTC Bullish Push: Key Levels & Extreme Greed WarningGM, this morning's BTC candle close on the 24th was quite bullish.
Weekend volume tends to be low, but a nice push for BTC. If the price manages to close above 69K++, the chance for a pump to the green zone at 76150 - 77302 increases.
However, be cautious as of today, March 25, 2024, the fear and greed index shows in the extreme greed zone, which means there is still potential for market makers to sell their assets, leading BTC to drop further, and possibly a bearish scenario might come true.
Always keep funds ready to shoot your chosen altcoins at discounted prices if the market provides the opportunity.
Stay safe and always trade like a robot without emotion. That's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC Bullish Push: Key Levels & Extreme Greed WarningGM, this morning's BTC candle close on the 24th was quite bullish.
Weekend volume tends to be low, but a nice push for BTC. If the price manages to close above 69K++, the chance for a pump to the green zone at 76150 - 77302 increases.
However, be cautious as of today, March 25, 2024, the fear and greed index shows in the extreme greed zone, which means there is still potential for market makers to sell their assets, leading BTC to drop further, and possibly a bearish scenario might come true.
Always keep funds ready to shoot your chosen altcoins at discounted prices if the market provides the opportunity.
Stay safe and always trade like a robot without emotion. That's all for today's crypto update.
I'm Akki, signing off with one chart.
BTC Bears Roar: Key Levels & Trader TipsGood morning, condolences to the traders who got hit hard in the market last night. Stay strong, guys. Currently, BTC is quite strong bearish. If BTC manages to close below the yellow zone at 66455.12, the next possibility is it will test the big volume area in the orange zone 64846 - 63261.
For spot trading, let's see where the market is heading. If futures feel exhausting, you can take a break for 1-2 days to recover mentally.
Stay safe and always trade like a robot without emotion. That's all for today's crypto update.
I'm Akki, signing off with one chart.