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$BTC Daily Update📍 Thursday, May 5, 2022 -------------------- After yesterday's bounce on the FED rate rise and a perception of a less hawkish, today after a few hours of deep thought, traders have formed a more lasting near-term view that the Fed is far from dovish, has let inflation get out of control, and is still poised to dramatically slow down the economy...

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The price is showing some weakness recently and the bullish trend is getting messed up. I'll be looking for short setups after the breakout of the trendline the OTE can be choppy especially because the price made many bullish key levels that might act as support when the price is falling. one another confirmation this huge recent candle on 4h time frames shows...

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The dollar index has been quite unstoppable lately making new highs and breaking above lower time frames resistances. I expect some corrections at this level, especially now we are approaching high time frames horizontal resistance which makes me expect it to go lower at least to retest the previous range resistance on 4h time frames. The Setup is crystal clear...

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After confirming a bearish trend the EUR/CAD is making lower highs in a HTF bearish structure. The price is also moving in a descending channel pattern in which the resistance is at the lower highs combined and the support at the lower low. the setup is simply a swing short trader after confirming a new lower high plus rejection of the bearish descending channel.

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A new month has just kicked off This could be the beginning of a very bullish month, for which we're still awaiting confirmation at A break and close above $40,000 for BTC As i already told you, the market is looking decent for a bullish reversal, especially for alts considering that most have seen cuts of around 70-90% in the last 6 months. There are a couple...

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the price action of Our total market cap acting out accordingly as explained and expected in the chart Where the price action after forming out the 2nd Bottom of the Double bottom On daily time frame it went out to the resistance level of the monthly time frame and got rejected from the Resistance level which is marked at the 2.15T Level Whereas the current...

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The price of Bitcoin has broken the $39,000 our key mid-term breakdown level, on higher time frames, will likely take us much lower towards $36,700 (Bullish Order Book) before another potential mid-term bounce. The Crypto Total Market Cap is going to retest 1.7T for more liquidity grab thereafter, a reversal.

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ETH breakdown horizontal support, which is currently acting as resistance, it is also trading below EMA200 resistance, but still, it is above Ichimoku clouds, indicating that ETH is still in a bullish trend. Here a short-term downward movement is expected, while a successful breakout of the marked resistance, would confirm its bullish trend.

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EUR/JPY has been trading very bullish in recent days now it's trading at a major resistance level on higher time frames and the price is at an attractive supply zone. I expect a move down...might see a bullish pullback looking for some short entries...this might be an aggressive entry but wait for confirmation before you go.

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This BOS on lower and higher time frames could lead to a big move to the upside. Not confirmed yet according to price action my buy zone is shown on the charts Let's see how it goes.

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$CVX breaks market structure on lower timeframes but on a high time frame, we have the probability that $CVX might get rejected or be consolidated below the resistance level looking to go long at the buy zones marked on my charts.

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Be patient pay attention to resistance levels we might have some corrections there even tho this token is a strong fundamentally and technically token at the moment my buy orders will be around the green marks on my chart

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The 4H chart gave us a sell signal after the first rejection at the resistance zone a breakout above the resistance is a great buy signal for continuation and loading spot buy orders Now I'm looking for a last push to the resistance...and a breakout above.

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Shorting at key long-term support... That's exactly what most trading "experts” were doing over the past couple of days. Everything while we were laddering our buy orders one over another, knowing what was about to come. Now that BTC has broken up once again, already in deep profit and we're ready for even more profits over the next couple of days.

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BTC we have weekly closing today. Bitcoin trying to find the support of around 41000$. The next support area we have is 40400$ to 40700$. We have bullish divergence forming in 4h time frame indicating a possible bounce

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i think the price now is getting ready to break above its consolidation zone which has been trading in for more than 3days this will be a nice rally to take some longs Whenever BTC went up below 38k, the funding rate turned to a negative value. This is the sign of bottom zone. This doesn’t mean the market won’t go lower in this zone. Simply if BTC goes dip a...

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GBP/AUD is now trading at an important local bottom level on higher time frames and the price is at an attractive demand zone (38/23 Fib levels). i expect a move up and the price bounce from the red zone. looking for some long entries on Bitcoin!

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USD/CAD is now trading at a major resistance level on higher time frames 4H/1D and the price is OVERBOUGHT I expect a Rejection at this level. looking for some short entries...Around 1.28271 level after a reversal confirmation.