BTCUSD → A logical correction of the ABC. Mid-term - Long ↑BTCUSD surprised everyone by the fact that the cryptocurrency has already fallen from the high of 31000 to 27700. But you must understand that the price can't go up all the time. Let's find out what's going on!
Any market after rally goes into consolidation phases, which allow the price to rest, collect the necessary liquidity and energy for further movement. Bitcoin at the moment looks good enough to form a correction and then return to resistance for a possible retest.
We see the initial phase of forming a technical pullback (correction). The target levels for this maneuver can be the support levels: 0.382 Fibo (26655) and 0.5 Fibo (25300). At the moment I am waiting for the continuation of the falling down to those levels, but in the mid- and long-term perspective I think that the price will continue growing.
There is no need to panic, because since the beginning of the strong no-holds-barred rally, the price has passed 58%. That's a lot and it's logical to watch what is there now.
Strong support: 26655 (0.382 Fibo) False-break strategy; 25302 (0.5 Fibo) False-break strategy.
Strong resistance: 28329 (0.236 fibo) Breakout strategy; 30570 Breakout strategy.
I expect a slight continuation of the fall to the key Fibo levels in the formation of the correction ABC. But in the medium and long term, I expect continuation of growth to 30000 , 32376 .
Regards R. Linda!
Tether
FTM USDT CHART ANALYSIS WITH PROFFESIONAL COACH The FTM/USDT cryptocurrency pair is currently showing a bearish trend and may continue to decline towards the zone of 0.3900. Please note that cryptocurrency markets are highly volatile and can change rapidly. It's important to conduct thorough research and exercise caution when making investment decisions."
TRXUSDT → Consolidation. Breaking through Strong Resistance TRXUSDT breaks the downward resistance, which has been holding the price back for more than a year. As we can see, the price forms a local uptrend and on the next retest the coin forms a breakout. What's next?
The energy for the breakout has been accumulating since the end of last year. The last month and a half the price sticks to the resistance and forms pressure from below. (Triangle area).
While many altcoins have been confidently updating highs TRX has been practicing stamina and accumulating.
It remains for the bulls to hold the 0.0650 level defense behind them.
Strong support: 0.065, 0.0600.
Strong resistance: 0.0700 (breakdown strategy)
I expect from the bulls a confident consolidation of the price above the broken line with the subsequent growth towards 0.0800, then to 0.1000
Regards R. Linda!
General Pathways - Inevitability. Maxis Unite BITCOIN
is the Truth of All things and
brings all Evil to Light at the end of the day.
One cannot debate this any longer.
What more can they throw at BTC really besides nuclear armament? Which we all know is extremely unlikely as the leaders prefer not to demise in a fiery death just as much as anyone else. Why not go Balls Long in Bitcoin right now? This is why, because the market is going to move the way
We the Bitcoiners want it to. IN a SERPENTINE like fashion
rather. Peace to Alan ( Watts, Maman, and others)
CRYPTOCAP:BTC
ROSEUSDT → Retest and break resistance. Rising to 0.11?ROSEUSDT in the moment formation of the day formed a global reversal set-up, which failed, but formed a strong support base. The price is now breaking resistance and confirming the intent of the market.
After the formation of a strong reversal area, the price from the channel resistance forms a retest of the support area 0.05-0.04, after grabbing the liquidity cryptocurrency makes a retest of the resistance.
The price makes an attempt to break through global trend resistance and begins to form a bullish momentum.
The bulls have a chance to reverse the market.
Strong support: channel boundary, 0.072, 0.0685
Strong resistance: 0.0857.
I expect the continuation of growth after the price fixes above the broken line. My target is 0.1100.
Regards R. Linda!
BTCUSD → Growth is stopped for consolidation. Level 30575!Bitcoin surges forward and tops out at 31035, then returns to sideways movement and gains energy. What to expect from the price?
On the global timeframe (chart on the left), we see that the price is trying to test the global high, which is around 32000 - 33000 .
Price forms a strong correction after the first rally, but the second rally ends with a strong consolidation that resumes the rise. Bitcoin obviously enjoys strong support from buyers as there are several fundamental reasons for this: the banking crisis, the thaw and new interest from the crowd.
On the local chart, the price is forming a consolidation in the format of an ascending triangle, which can be interpreted as a preparation for continued growth. Also, the price forms a local resistance level of 30575 , a breakthrough of which will mean the upcoming price strengthening to the strong target of 32376 .
Moving averages serve as support
Strong support: 30000 (false breakout strategy), 29400
Strong resistance: 30575 (breakout strategy), 32376
I expect price to be in consolidation for a while and continue to test resistance at 30575 , but at some point this area will be broken and price will make a new rally to 32376 .
Regards to R.Linda!
JASMYUSDT → Another attempt to break the trendJASMY forms a global reversal pattern, which opens new potential.
The coin forms a pre-breakout consolidation near the upper limit of the channel. The price successfully breaks the line.
JASMY opens for itself a new range. On the daily chart, yesterday, the price breaks the resistance and closes above the line, forming a local resistance level at 0.006577 and with another retest and breakout of that area, we might see a strong momentum towards 0.01000
Daily moving averages are acting as support, on the daily timeframe the price consolidates above the previously broken line. The way is open for the upside towards 0.008325
Strong support: previously broken channel line, support at 0.005742
Strong resistance: 0.006577 (breakdown strategy) 0.0069
I expect the continuation of growth after the final fixation of the price above the channel. The medium-term target is 0.008325 , the long-term target is the liquidity zone 0.012
Regards R. Linda!
Bitcoin Tetherusdt 1h long ideaBINANCE:BTCUSDT
Bitcoin is respecting the trend lines in red, channel shows clear support and resistances. higher lows and higher highs,(bullish) could easily break out of this channel with some good buying volume. Gartley visible, if longing, stop loss on the X and take some profit on A, cautiously optimistic. jt
BTCUSD → Triangle. Resistance 28650. Ready for...Bitcoin has been in a narrow consolidation for 3 weeks. The upward price channel, numerous retests of resistance and absence of decline determines quite interesting prospects.
The chart clearly shows the formed ascending price channel and prolonged price consolidation in the resistance zone. We do not observe the standard situation - falling after testing. The price forms a prolonged consolidation and retests resistance for a breakout. The asset is gaining liquidity due to narrow pro-trading.
Breakout of this consolidation in one direction or the other can form an active momentum and within a few days the price can reach the specified target.
I expect growth due to such factors as:
no reaction to a false break of resistance
prolonged consolidation next to the resistance
lower volatility and liquidity collection
multiple resistance retests
Strong support levels: 26750 (false-break-down strategy), 24920
Strong resistance levels: 28615 (breakout strategy), 3000 and 35443
I expect that soon after the new retest of 28615 , the price will finally break the resistance and the bulls will start the realization of the accumulated liquidity. The short-term target is 30000-32000, the medium-term target is 35443 (1.618 Fibo level)
Regards to R. Linda!
📈 Tether Dominance Monthly & The End Of The WorldWe looked at this timeframe once in the past and this is a very important one.
Tether Dominance closed last month on a strongly bearish candle, this month it is moving again below EMA10... USDT.D has been below EMA10 monthly only a few sessions in its entire existence... This is a major development and ultra-bullish for the Cryptocurrency market; Bitcoin & Altcoins growth.
It is really hard to belief because the world is ending for the 1 millionth time and as the world ends it is impossible to imagine anything positive happening but remember, the world has been ending ever since the day it was borne.
Listen, when something, somewhere goes down, something else in some other place goes up.
For example, the end of the world was Covid or the 2008 financial crisis, or 1929, or the revolution, or the World War, etc... It continues, it never really ends...
Back to my point, when Covid was launched, a huge portion of the world was hit very, very baldly but at the same time an entire portion that was suffering for a long time started to thrive.
My point is that energy cannot be created or destroyed it changes from one state to another.
✔️ If one industry goes down, another goes up.
✔️ If one country is going down, another one is rising up.
✔️ If a system is dying, a new one is being born.
Yes, there is negative in this world but look at the positive...
The positive is us, LIFE!
The world is not over... It is never ending, it is ETERNAL!
Get back to work!
Namaste.
NEOUSDT → Another resistance retest. The odds go up NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful.
The 4-hour moving averages act as support, forcing price to test the triangle resistance line.
The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon
Strong support: 12.15, 11.65
Strong resistance: 13.86, 15.80
I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80
Sincerely R. Linda!
📈 Tether Dominance Replete Of Bearish SignalsSince everything I share is bullish, it is good to read the Tether Dominance chart to look at some of the bearish signals, for learning and entertainment.
We have the lower highs mixed with candlestick reading.
1) The inverted hammer as a lower high (double strength).
2) Doji after lower high inverted hammer (triple strength bearish signal).
3) Rejection at EMA10 and EMA21 (additional confirmation more strength to previously noted bearish signals).
4) MACD moves below 0 trading below signal line.
5) RSI trending lower and downtrend since June 2022.
We want to see the action... Let it drop!
Let the entire Cryptocurrency (Bitcoin + Altcoins) market go up.
Namaste.
BTCUSDT → Strong consolidation. What is BTC preparing for?Bitcoin has been in a strong consolidation for two weeks, which is starting to form a pre-breakdown formation. The next retest of the 28650 level will be able to implement the buyers' plan. What is going on and what to expect from the price?
The flagship is in the stage of realization of the fifth wave. It is worth paying attention to the consolidation.
1. strong consolidation near the resistance level
2. no pullback after the false breakdown of the level 28654
3. many repeated tests of the resistance level
4. the local trend is ascending.
Proceeding from these nuances, we can conclude that the price is about to exit the upside range, break through the resistance level 28654 and go up to 30000, and then to the fibo level 1.618 at 31290 (preliminary target for the 5th wave).
There were no strong fundamentals this week, but there are a number of nuances worth paying attention to:
1. Vitalik Buterin: "there will be no more explosive growth of BTC".
2. Santiment: all major bitcoin transactions this year were made in March, and the nature of the transactions indicates "profit taking".
3. Bitcoin miners' earnings rose to a 10-month high
4. WhaleMap expects volatility to rise on the back of $5 billion worth of whale transactions at current levels. (Recall that the price is in consolidation - gaining energy to move further in one direction or the other)
5. Santiment notes bitcoin's strong dominance on social media among the crowd.
Regards, R. Linda!
STORJUSDT → MA200 is support. Price breaks resistance Storj / TetherUS forms a set-up that allows you to open long positions. Price gains support from moving averages and breaks wedge resistance.
Given the increasing potential of the cryptocurrency market, many altcoins show positive dynamics, while bitcoin is in a strong consolidation and also waiting to reach the important mark of 3000.
Storj in a double signal opens a new path for itself. MA-50 and MA-200, after crossing, become a strong support area.
The price comes out of the wedge and prepares for the formation of growth.
I expect that in the medium term, after the price comes out of the wedge, the trend may change. I expect the price growth after the exit from the wedge. The medium-term target is the resistance at 0.5337; long-term target is the fibo level at 1.618 and the liquidity area at 0.6780.
Regards R.Linda!
60k July forecast - and the end of Bitcoin Cycles is coming.The Bitcoin cycles get really repetitive once you layout the movements like I have here we start to see the patterns it creates.
I don't daily trade I don't recommend you to either, open your mind to a further time frame and setup prior to these movements giving you freedom to use lower leverage if you do trade.
I use the L-MACD (Logarithmic Moving Average Convergence/Divergence) with a simple trend line plotted at .20 points, what we can notice here with the momentum oscillator below 0.20 points is where Bitcoin trends for a good amount of months before making a fast rapid return to the average of the 0.20 trend line. A return the trend line repeating historic movements would put Bitcoin at around $60,000 by July-Aug 2023. Note the future bar lines are to be used for total days of movement prior to a bull market not the dollar values.
Where I positioned the red pin is where we should expect a red X to occur with momentum shifting from bearish to neutral, neutral then to bullish.
What people really forget about previous cycles is the 1/2 years prior to the peak of the market a very strong accumulation occurs, its happening right now. Don't be misguided by the second peak in the market it is irrelevant to the overall growth and movement of Bitcoin, every cycle has its theme and painting of a different picture but ultimately resulting in the same movement and growth into the next cycle.
When we return to $60,000 by July-Aug what would the high be in 2025-2026? lets take a look at previous psychology
-----------------------------
2011 $2.17
x570
2013 $1,240
-----------------------------
2015 $164
x120
2017 $19,770
-----------------------------
2020 $3,800
x18
2021 $69,000
-----------------------------
2022 $15,000
x72
2025 ? ($1,080,000)
-----------------------------
Elephant in the room, end of cycles is it coming? sadly yes. I hope we all can see the world past 2040 where "Bitcoin Cycles" will be seen as a period where this all started, kids of the future will wish they was around to see this unfolding in real time, some of course will think they could have made fortunes from it. Although Bitcoin Cycles will end, bull & bear markets will not.
Eventually Bitcoin will be worth $25,000,000 a single coin a lot compared to today's value right? but even a 1x of the future puts $25,000,000 to $50,000,000 that will be the new growth over decades.
The period where large financial institutions and wealthy sovereign states make the leap of allocating and becoming a holder of Bitcoin is where we will likely see a gigantic move unlike any other previously, this allocation once regulation is fully in place will shoot Bitcoins price beyond your imagination, this will sadly mark the end of the Bitcoin Cycles era and begin a new phase where bull markets last 10 years and bear markets 5 for example.
The final point to make here, we all have this information right in front of us, the network works and continues to grow stronger, governments are adopting Bitcoin, Gary Gensler marks it as a commodity, the largest institutions in the world have noted they are going to allocate with their funds and with clients once regulations finish the frame work.
Fidelity 4.5 trillion USD AUM
Blackrock 10 trillion USD AUM
Charles Schwab 7.13 trillion USD AUM to name a few
I see projections for cycles that even out around 2040, but what if this happens in 2030? that would mean a gigantic parabolic move comes before 2030 and Bitcoin could be in a bear market till 2035, 2020-2021 based on history with Bitcoin was the smaller cycle, the next cycle should be bigger and possibly could be the last.
Good luck and HODL.
RLinda ! BTCUSD-> The coin went into consolidation. What's next?Bitcoin tests the high of 28868 and forms a correction, thereby presumably defining local resistance to the uptrend. The coin is in consolidation and let's try to figure out what to expect next
Geopolitical uncertainty and the ongoing banking crisis are factors contributing to Bitcoin's growing appeal as an alternative investment. The flagship cryptocurrency is increasingly separated from traditional financial markets, making it an attractive hedge against potential future crises.
In times of global banking panic and financial turmoil, Bitcoin offers a level of security and control as people can keep the asset in their hardware wallets.
The Fed's rate hike and a number of other economic fundamentals have had a bullish effect on the price, as the potential for global factors in the global economy affect BTC more strongly.
Also what is worth paying attention to:
-Historically, there is a positive correlation between changes in M2 money supply growth in the U.S. and the bitcoin exchange rate (most likely the reason for this is inflows into BTC due to the banking crisis)
-CNBC writes that crypto industry insiders remain bullish on BTC
-A new "supercycle" may be starting in BTC. Cryptocurrency now behaves stronger than many commodities and gold - Bloomberg Intelligence chief strategist
-Tether has printed another 1 billion.
In terms of technical analysis we have the following situation:
Bitcoin is most likely in an upward price channel. The price is testing the resistance of the uptrend range(confirms it)
The tested level of 28654 is currently a strong resistance area, which may stop the price growth for some time.
On the local chart, an upward triangle is forming (horizontal resistance 28390 and an upward support line starting in mid-January). Price is in consolidation within this range. A breakout of the support could drop the price to the liquidity zone of 24800-25000. But a breakout of the triangle resistance would send price to the retest of the 30000 and 31460 (liquidity zone)
Moving averages are acting as support
Currently, bitcoin is approaching the Fibo level of 0.236 (26700) - this level may affect the price (bullish), the next one is 0.382 at 25347, it is not considered at the moment)
Short-term outlook - consolidation, or technical rollback to the middle of the range, but medium and long-term outlook looks bullish: 30000, 31460, 35000, 40000
Regards R. Linda!
RLinda ! BTCUSD-> 27500 already. An impulse into the new range. BTCUSD - After plummeting to $19,700 last week, Flagship found support at its 200-day moving average , in the same area where the support level from 2017 passes . This area helped the flagship recover and overcome the previous resistance level of $25,200.
After a month of fluctuations, bitcoin is now in an uptrend, trading at $ 27,400 . The 200-day moving average provides strong support , suggesting that BTC could reach new yearly highs and approach the $28,800, $30,000, $32,000 and $34,000 levels.
Bitcoin's market capitalization is up $194 billion in 2023. Its 66% year-to-date growth has far outpaced Wall Street's leading bank stocks .
In addition, bitcoin separated from U.S. stocks for the first time in a year , its price up about 65% compared to the S&P 500's 2.5% rise in 2023 .
The banking crisis in the U.S ., which then spread to Europe, had a negative impact on bitcoin price dynamics late last week, when the asset's price fell below $20,000 for the first time in two months. However, as the new week began, the situation began to change . The cryptocurrency asset is breaking through a strong resistance zone, increasing its capitalization and renewing 10-month highs .
From a technical analysis perspective:
Bitcoin is breaking through and entering a new range, so to speak: " kicking a door down ". Strong momentum is forming towards liquidity density and testing the Fibo level of 1.618 at $28793 .
There is a possibility of a small pullback from this area, but in the medium term the upside potential to 30000 and 34000 may persist
Regards, R. Linda!
Tether Dominance - showing signs of pivotal movementUSDT Dominance is currently at a level of strong longer term trend SUPPORT (i.e. market resistance level).
Red circles represent contact with the current trend support which signals the selling of USDT (i.e. buys in the crypto market), with a current double bottom shown.
Green circles represent the current trend resistance hits and USDT sell-offs (crypto market rallies).
With the FOMC meeting starting today and concluding tomorrow, FED announcements will dictate "loss of this support" (market rally) or a "Bounce at support" (market sell-off).
📈 Tether Dominance Monthly, First Time Ever! (4.10% Next)This is the first time ever we look at Tether Dominance on the monthly timeframe.
This is extreme bearishness what I am seeing here.
Let's start at the end, the stage is set for a drop to 4.10% minimum, that's the conclusion.
I mentioned that this would translate to Bitcoin at around ~$40,000.
Notice the "~" symbol, which means more or less as it should range between $38,000 and $42,000 when the time comes, which is soon.
USDT.D already printed an upper wick and trading near the low of the current session/candle.
The current candle trades below EMA10 on a very, very strong bearish bias.
✔️We have a massive rising wedge that already broke bearish.
✔️We have lower highs long-term (more than 6 months).
✔️And volume going lower and lower.
The volume will only increase again when the major drop comes.
As USDT.D goes down, Bitcoin and the Altcoins goes up.
✔️ Please make sure to Boost to help with your support.
Thank you for reading.
Namaste.
📈 Tether Dominance Long-Term Bearish Trend ConfirmedLast week closed as an inverted hammer and this was the "last hooray".
EMA50 still stands as support but we have multiple lower highs since June 2022.
The weekly MACD just entered the bearish zone:
The weekly RSI is also showing a strong bearish bias:
All the USDT (Tether) will be used to buy Bitcoin and Altcoins.
Here we can see clearly on the daily timeframe how MA200 has been lost as support:
Below this level Tether Dominance is always bearish.
Notice bear volume being at its highest since November 2022 when USDT.D started to decline.
The next drop will send USDT.D to around 4.81%, a major drop.
This is the level it traded at around April 2022, this would mean Bitcoin trading at about $40,000.
There is strong support at this level just as Bitcoin will face strong resistance at $40k.
Everything is pointing in the same direction... Bitcoin will grow like the world is ending... But the world isn't ending, it is just the end of an era where a new financial system will emerge.
✔️ Bitcoin is the future of money.
✔️ Cryptocurrency is the future money.
✔️ Bitcoin is the present of money.
✔️ Bitcoin is very likely to save us from another 2008.
Namaste.
RLinda ! IMXUSDT-> The bulls are pulling aheadIMXUSDT is bursting ahead as bitcoin and the entire market strengthens. A false moving average breakout forms a liquidity grab and positive potential formation.
Price breaks through the 1.189 level and the strong downward resistance line. If the price successfully consolidates above the support level, the coin can shoot towards 1.1800 and reach the target fairly quickly. There is a void ahead. The odds are high.
I expect the bulls to be able to hold above the 1.189 level, in which case I will stick to the bullish potential in the medium term. My targets are 1.1800, 2.200
Regards to R. Linda!