BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the one mentioned chart that BTC is on the way to forming an INVERSE HEAD AND SHOULDER pattern but the right shoulder is still incomplete.
A candle close above the blue MA will lead BTC towards the upper trend line resistance which will be the competition of an inverse head and shoulder pattern.
Once BTC touches the upper trend line it needs to break above to rally towards the upper price levels of $21500.
Candle close below the lower green support will lead BTC to touch the lower price levels of $17500.
Let’s see how BTC performs in the upcoming hours till then stay tuned with us to get the upcoming updates.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Technicalindicators
RDBX $ Target Level'swe entrained a consolidation mode the moment we met with our RS level around the 13.50$, and holding above the current support above 9$+, which show us that there's a balance between the selling pressure from above and buying pressure from below, we will confirm the strength of either side by over coming the resistant above 13.50$, which show us the potential squeeze at 18.00$, and going to the 25$ price target , other wise we will see a sell of the moment we break the 9$ SP, and going to the 5$+ SP, and confirm the short control .
NASDAQ:RDBX
BITCOIN - 4H⏱Hello to all members of TradingView and my followers.
With a good return from the $ 18,000 range, Bitcoin showed that this level of support could prevent further bitcoin losses for at least a few days.
The reversal is strong, but to get higher, at least in the 4-hour timeframe, the $ 23,000 resistance needs to be broken, so we can expect Bitcoin to take a short-term uptrend. By breaking the downtrend line and turning this level into support, Bitcoin will likely have another uptrend to the resistance of the $ 22,000 price channel.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know.
Respectfully.
BITCOIN - 13K??Hello to all members of TradingView and my followers.
Bitcoin continued to fall sharply yesterday, breaking the $ 20,000 support and moving to the $ 17,700 range. From this area, given the good static support range in the past, there has been a good price reaction, and we have seen a return to the $ 19,500 resistance level. Due to the high selling pressure, the downtrend is expected to continue up to the main range of $ 13,970 to $ 13,716. But for the short term, the current support level can keep the price from falling further. If a sign of divergence is seen on the RSI indicator and a downtrend line is broken up, the price can enter a trend range between the current support and the $ 20,000 resistance.
Use tight stop loss in all trades!
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
$BTTX entry PTs 1.30-1.40 Long term PT 17-50 and higherBetter Therapeutics, Inc. engages in developing software-based prescription digital therapeutics (PDT) platform candidates for treating diabetes, heart disease, and other cardiometabolic conditions in the United States. Its lead product candidate in development is BT-001, an investigational PDT platform that uses digitally delivered Nutritional Cognitive Behavioral Therapy to treat type 2 diabetes. The company's products under development also include BT-002, a PDT that help patients with hypertension improve their blood pressure; and BT-003, a PDT that help patients with hyperlipidemia enhance cholesterol levels. Better Therapeutics, Inc. was founded in 2015 and is headquartered in San Francisco, California.
$CMRA entry PTs 2.25-3 Long term PT 30 and higherComera Life Sciences Holdings, Inc., a preclinical stage life sciences company, develops an internal portfolio of proprietary therapeutics that incorporate its proprietary formulation platform, SQore. Its SQore platform is designed to enable the conversion of intravenous (IV) biologics to subcutaneous (SQ) versions. The company is advancing its primary product programs, CLS-001, a preclinical stage biobetter for Crohn's and Ulcerative Colitis disease, and CLS-002, a preclinical stage biobetter for various oncology indications. Comera Life Sciences Holdings, Inc. was founded in 2014 and is headquartered in Woburn, Massachusetts.
$QNGY entry PTs .40-.45 Long term PT 40 and higher Quanergy Systems, Inc. develops and markets light detection and ranging (LiDAR) solutions for automotive and IoT applications. The company offers M1 LiDAR sensor for mid-long range industrial measurement applications; M1 Edge 2D LiDAR sensor that enables reliable collision avoidance and smart navigation; M8 LiDAR sensor, which provides 3D perception using multiple eye-safe laser beams and time-of-flight measurement technology; MQ-8 LiDAR sensor for flow management applications; M8-Prime 3D LiDAR sensor that provides industry-leading pinpoint accuracy and captures for industrial and mapping applications; S3 solid state LiDAR sensor; QORTEX DTC, a 3D computer perception software; and QORTEX people counter enables the development of accurate and innovative people counting and queue management applications. Its products are used in various applications, such as mapping, security, smart city and smart spaces, industrial automation, and transportation applications. The company was founded in 2012 and is headquartered in Sunnyvale, California.
BTC - 50% Probability!!Hello to all members of TradingView and my followers.
Well, Bitcoin fluctuations have intensified in the last 24 hours.
The buying pressure we saw the day before in the range of $ 29,500 caused the price to hit the range channel ceiling resistance again in the four-hour time frame.
Again in the last few hours, we have seen a sharp drop in prices from $ 31,500 to $ 29,900. These strong fluctuations are made by whales to activate the losses of traders who trade in futures with high leverage.
For short-term trading, I suggest trading only on the main resistance support levels drawn in the 4-hour timeframe. (Otherwise, there is a very, very high risk of trading between the roof and the floor of this range channel.)
The $ 30,000 to $ 29,840 support range is currently a good reaction, and the price is squeezing in the middle of this range channel.
According to the candlesticks you see on the chart, the probability of the price coming out from each side is about 50%.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know.
Respectfully.
📢 BTC - Will the range movement end?! 🤔Bitcoin has started a sharp rise after a range movement in the last 24 hours in the $ 29,000 channel.
The $ 30,000 and $ 31,000 resistance levels are broken up again, and if the price stabilizes, the uptrend can continue up to the $ 32,000 resistance level.
With the price trend rising in the 1-hour timeframe, power will remain in the hands of buyers as long as $ 30,500 to $ 30,200 support is maintained.
The price has also broken the Ichimoku indicator upwards.
Note that unless the $ 32,000 to $ 33,150 resistance is broken up, the price trend will not go up in a 4-hour timeframe, and there is a possibility of a twin roof pattern.
Bitcoin price is now consolidating near the $30,800 level. Immediate resistance on the upside is near the $31,180 level. It is near the key decline's 61.8% Fib retracement level from the $32,400 swing high to the $29,255 low.
The next major resistance is near the $31,650 level. A clear move above the $31,650 resistance level could start another increase. The price could rise towards the $32,400 resistance in the stated case. The next major resistance sits near the $33,000 level.
GBP/CHF SHORT MOMENTUM SIGNAL BASED ON EDGER TRADING SYSTEMThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
ENTRY : 1.20222 STOP LOSS : 1.21395
TAKE PROFIT 25% : 1.19929
TAKE PROFIT 50% : 1.19636
TAKE PROFIT 75% : 1.19342
TAKE PROFIT 100% : 1.19049
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
All eyes on $AMZN for split?$AMZN drops significantly after missing the ER a few weeks ago and it gets worse with the market pulling back, taking the amazon down below the 100MA. based on technical indicators; Amazon is in the oversold position and its almost safe to say its a buying opportunity for everyone. especially with the upcoming split in few days. the split will probably draw some attention to investors causing the stock to squeeze to push up. The squeeze to push even higher for the high of the day could be significant as the market attempts to bounce back after 5 days in a row being green, which might have created a bullish sentiment. now, in my bearish opinion based on technical indicators. AMZN is still looking bearish. the stock currently trending below the 100MA, indicating that the stock is still below the bullish side and might take a while to bounce above the bullish momentum. With that being said. here's my possible entry for momentum play or scalp play.
For scalp or day trade moves.
For calls; buy above 2320.46 and sell at 2380.46 or above
For puts, buy below 2291.82 and sell at 2274.46 or below
============================================================
if you swing calls, your next target is 2444.41
if you swing puts your next sell target is.. 2243.0
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tuned for more.
Did BTC/USD begin a new trend? Or we are at a greater risk-zone?Not intended to be a piece of financial advice.
BTC positive reversal is likely to establish a new trend. It will be great to see it closing at about 32300 on Tuesday. The pair at a weekly close above 28700 is already a welcoming note.
Some swings may occur as some brutal hands might take some profits home against a 25ish bottom purchase made a week ago. If the profit-taking is significant, the indicator should flash Purple Arrow (Exit). I’ll be checking 15m swing to 1hr timeline, and then review 4hr and 8hr respectively.
Playing BTC in 15m Resolution - Fun to Win - Almost Every TimeNot a financial advise.
Relying simply on a well-thought-out set of indicators that signals over 75% accuracy in a given timeframe is much more rewarding than investing in a too cluttered and out-of-focus or emotionally manipulative TA. This is what I've learned a hard way. What about you?
I always wanted mental hygiene on my trading journey. I will be discussing here every bit of helpful scenario that saves time, energy, and mental stress for everyone eager to participate in the community.
SAVA Reversal Zone we broke our ascending bearish line on the daily chart , which show some strong buying pressure happing , we will confirm the continuation for the bull run if we hold above our current support above the 24$, and break our first resistant above the 28$, and 32$ is will be the breakout zone to the bullish trend .
if we didn't hold the 24$ support , the next dip will be above the 12$.
❌ More Losses in BITCOIN❓❓In my opinion, if Bitcoin can not reach above $ 29,650 and reach a price stabilization, it could continue to move down. Immediate support on the downside is near the $28,800 level.
The next major support is the $28,500 area.
A downside break and a close below the $28,500 support might start a MAJOR DECLINE! The price could drop towards the $27,500 level in the stated case.
Let me know what you think.
If you liked my idea, follow me for more.
$NVDA symphaty play from AMD?$NVDA almost took back its gains from the previous rally as the market switched its momentum to the sell side. the cause of the selloff was due to the bad earnings of two retail giants. ( $TGT and WMT ) as the heavy earnings pass through this week. market sympathy will be focused on two retailers like Applied Material and KOHLS. any missed earnings from these two companies could send out a bad sentiments on retail stocks. as for the technical aspect of NVDA, the stock just crossed the squeeze and the momentum is going on the down side and will continue to follow the market sentiment. this also applies on other chip stocks.
for my #strat strategy
For calls buy above 172.41 and sell at 181.12
For puts, buy below 166.83 and sell at 165.44 or below
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tuned for more.
My technical analysis is not to be regarded as investment advice. but for general informational purposes only.
24 minutes ago
Comment: This TA almost exactly what happened this morning. i didn't reach the buy target for puts but it does trap the bulls who swing their position yesterday.
❌ BTC Price Faces Hurdles ❌Hello!
Bitcoin now started making some of the mess in charts as there is a clear indication of any breakout, but a short-term upward movement is happening in a very corrective manner. Keep an eye on Bitcoin as it may dump at any time. The $32,000 mark will give some relief to the market.
Bitcoin is now trading above the $30,000 level and the 100 hourly simple moving average.
The first support is $ 29600 - $ 29,000, and the $ 27,000 area.
The next major resistance is near the $ 31,400 level. A clear move above the $ 30,300 and $ 31,400 resistance levels might start an increase in the coming sessions. The following key resistance could be near the $ 32,500 level, above which the price might rise to $ 34,000.
The MACD is now slowly gaining pace in the bullish zone.
The RSI for BTC/USD is now above the 50 level.
The current GBTC (Grayscale Bitcoin Trust Premium) has reached a new All-Time Low of -30.80%, meaning that the current interest shown in large BTC investment products has declined drastically and, for now, is showing no signs of a rebound; however, this remains an important market indicator.
GBP/CAD SHORT MOMENTUM POSITION ON DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
SELL STOP ENTRY : 1.58663 STOP LOSS : 1.62010
TAKE PROFIT 25% : 1.57827
TAKE PROFIT 50% : 1.56990
TAKE PROFIT 75% : 1.56132
TAKE PROFIT 100% : 1.55316
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
USD/CAD LONG MOMENTUM ON DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
ENTRY : 1.29087 STOP LOSS : 1.27137
TAKE PROFIT 25% : 1.29574
TAKE PROFIT 50% : 1.30062
TAKE PROFIT 75% : 1.30549
TAKE PROFIT 100% : 1.31037
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Bitcoin against the SPX, overlayed with the NASDAQBitcoin against the SPX, overlayed with the NASDAQ
As shown in the analysis, we can clearly see the correlation of the NASDAQ CURRENCYCOM:US100 / NASDAQ:QQQ to the returns of Bitcoin.
When the QQQ/NASDAQ is in an uptrend, Bitcoin is in an uptrend.
I have purposely valued Bitcoin against the US500/SPX for 2 main reasons:
1) The US500/SPX is the benchmark we all need to beat.
2) The US dollar and other fiat currencies are being printed at an alarming rate and therefore we need a "stable" denominator for our analysis.
Using the BTC/SPX ratio, we can clearly see that bitcoin did not make a higher high in the Oct/Nov period, therefore signalling a slow down in the bullish momentum.
Using the Gaussian channel on the 5 day chart, we can clearly see the when an asset is below the channel, we are in a "Bearish" market and this is typically the best time to dollar cost average into the respective asset class.
We should look to the SPX and the QQQ for signs of a market recovery.
$CYNCyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.