CryptoOverseerX

CryptoOverseerX

In my previous two weekly timeframe analyses, I expected a red candle close around $58K and a green candle last week breaking above the critical resistance level at $60,000-$62,000. We saw exactly that play out! Now, where do I see BTC/USDT price action going this week? We're very close to the monthly candle close, so expect some volatility. As long as we stay...

CryptoOverseerX

In my previous analysis, I anticipated this week to be green with a potential entry around $56,000. However, it seems we might not get that opportunity as BTC/USDT is now showing a Change of Character after printing a higher low and forming a reversal pattern on the daily timeframe. The $60,000-$62,000 range remains a crucial resistance level. Despite this, I...

CryptoOverseerX

ENA looks very interesting to me. On the lower timeframe, the price has tested $0.29 multiple times and refused to go lower. With the newly developed 21-EMA on the weekly chart currently sitting at $0.67, and the expectation of BTC being green this week, this setup appears promising. ENA/USDT Entry: 0.2932 Stop: 0.2745 (optional for spot position) Target 1:...

CryptoOverseerX

In my previous weekly timeframe analysis, I expected the price action to create a wick around $54,000-$56,000 before closing around $58,000 to end the week. And that is exactly what happened. Now that we have a new weekly candle, what should we expect for this week? I’m expecting the price action to at least touch the 40-EMA on the weekly timeframe (currently...

CryptoOverseerX

In my previous weekly timeframe analysis, I expected the price action to create a wick around $54,000-$56,000 before closing around $58,000 to end the week. And that is exactly what happened. Now that we have a new weekly candle, what should we expect for this week? I’m expecting the price action to at least touch the 40-EMA on the weekly timeframe (currently...

CryptoOverseerX

ATH/USDT is looking good! Price action reclaimed above the range. ✅ Volume spiked right after the MACD crossed the signal line on the daily timeframe. ✅ It might be possible to target the high if the price breaks 0.075. I personally entered on the range retest. Let's see how this plays out.

CryptoOverseerX

In my previous analysis, I mentioned that we expect the price action this week to create a wick around $54,000-$56,000 and close this week around $58,000. I'm still looking for an entry around $54,000-$56,000. However, the price action has bounced right off the 40-Weekly EMA around $56,000, so there's a chance we might not get the entry we wanted. Let's watch how...

CryptoOverseerX

In my previous analysis, I expected BTC to bounce after retesting $60,000. However, after observing the price action, I announced that I would close the trade manually at breakeven at $61,000. Now that we have a new weekly close, I'm expecting the price action to create a wick around $54,000-$56,000 before closing around $58,000 to end this week. I'm looking to...

CryptoOverseerX Updated 

In my previous analysis, I mentioned that BTC price action on the daily timeframe showed the possibility of reclaiming $60,000 to maintain a bullish outlook for the upcoming months, especially with Q4 and the election coming up. Now that we have reclaimed this important area and maintained a bullish view on the higher timeframes, it's a good opportunity to enter...

CryptoOverseerX Updated 

I'm accumulating RENDER around $3-$5 on spot and plan to hold until 2025-2026. RENDER/USDT will easily retest the $6 mark within the next few weekly candles. Comment your target RENDER ATH for this cycle below!

CryptoOverseerX

I have been watching from the sidelines for the past week. The market is very unclear at this moment. On the monthly timeframe, it looks very bearish as we broke below $60K. It's possible this month could mark the start of a bear market for several months. However, it's not confirmed yet, as we still have 25 days before this monthly candle closes. On the daily...

CryptoOverseerX Updated 

In my previous analysis, I thought we would see a continuation to the upside after the retest, but we took a big L! Not every idea is a winner, and it’s part of trading. Now we move on to the next idea. The price action last week created a huge rejection from the neckline of the M pattern. This is exactly what happened in June 2021. History often rhymes, so I'm...

CryptoOverseerX

Just posted my multi-timeframe analysis of BTC/USDT. Go check it out!

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CryptoOverseerX

Here’s my first BTC/USDT Multi-timeframe Analysis video. If you want more updates on BTC/USDT, please follow and boost this idea! Thank you.

CryptoOverseerX Updated 

In my previous analysis, I mentioned that the better trade is to wait until the price action breaks above the $360 weekly structure and then enter on the retest. However, I see another swing trade opportunity after noticing the candlestick closed with a continuation pattern that I like, right above the dynamic support of the 40-day EMA on the weekly timeframe. My...

CryptoOverseerX Updated 

After creating a wick downward retesting the dynamic and horizontal structure on the daily timeframe, JUP/USDT is looking very bullish! I'm expecting a possible bullish engulfing candle today and continuation to the upside. If you are looking to enter JUP in a spot position, this is a good time to do so as I believe we might see a new all-time high (ATH) in the...

CryptoOverseerX

In my previous analysis, I mentioned that a $600-615B valuation on TOTAL3 is a good entry to scale into strong altcoins. Here's my updated multi-timeframe analysis on TOTAL3: On the daily timeframe, we can see the price action is printing a Head and Shoulders pattern. However, the directional view from the longer timeframe candle is more respected than...

CryptoOverseerX Updated 

In my previous analysis, I closed the trade manually after the daily candle showed a rejection wick and closed red. Right now, I see a good opportunity to enter a 10:1 risk-to-reward trade on ENA. I might close this trade manually for a 4.5:1 risk-to-reward ratio if I see a reaction around the 50-day EMA on the daily timeframe. Let's see how this one goes!