TradeWithAtemak

TradeWithAtemak

My previous posts were showing the scenarios of a fall to 29500 then 28500 then 25000. So we are on the 25K side, and I told we will need a further analysis to know what to expect. so here is a speculative first one: From my humble perspective, I'd say bears took the command since last week, I can see that from my weekly chart finally. So I doubt we will see...

TradeWithAtemak

The 30K psychological range was strong, since price orbited for days around it, as you've seen. But Bitcoin's price has recently started to decline, primarily due to the impact of the violet line on the ascending price candles. This impact can be seen as a signal to the bulls that they have hit a resistance level and should exercise caution. While it is not always...

TradeWithAtemak

In this analysis, I've identified a significant moving average (MA) crossover, indicated by the red and blue lines crossing. Historically, such crossovers often lead to price increases. Additionally, I've included a violet line which I believe acts as a catalyst for a downward movement. Once the violet line touches a candle, I anticipate the end of the upward...

TradeWithAtemak

Bitcoin has reached the psychological barrier of 30K, likely triggering a temporary pullback to around 28K. At 28K, uncertainty arises: a strong climb to 32K is expected if bullish momentum persists, while falling below 28K could test the 25,800 support level. On the Weekly, the scenario is still bullish though, but starts to weak a bit. PS: I'm happy to see...

TradeWithAtemak

Here is a quick idea for the GBPUSD pair. Next down move which will pass the 1.23800 level. It's about a 40+ pips SHORT move. The Price movement should also break through that 1.23800 level without a real resistance. For clarity, I've removed most of my indicators. Let's watch since time will tell.

TradeWithAtemak

Just a few moments ago, the price of BTCUSDT exhibited an fast movement down within the 25000-25800 zone, setting the stage for a compelling BUY opportunity (As I said in my previous idea) What caught my attention is the chart's depiction of a significant shift in price momentum. Take a look at the bottom purple-colored moving average (MA) line—it hits the last...

TradeWithAtemak

BTCUSDT may see a brief dip to the 25K support level before potentially surging towards 49K. The bullish move is still active on the weekly chart (from a previous post I've did). So I don't think it will go below the 25K level, since the bullish power is still strong. This is for me a correction before a realy move to the top The 25000-25800 range can be an ideal...

TradeWithAtemak

Based on my calculation of support/resistance level, the 27820 level is an important level, since the 4H & 1H tell the same story. Notice that level has been touched, by a "thin" candle, a few hours ago and has been hit many times in the past. My analyze is that we are going LONG until 29080-29110. Since I see also that the lower Bollinger band is moving down...

TradeWithAtemak

We are now in a good scenario of getting an uptrend which can potentially reach 49000 USD before august. The opportunity has started since this new easter week. The 29K-30K barrier is now more fragile than ever, and will be broken imminently. And 30500 will become a new support level. It's a long opportunity here. I have 2 cross-overs in my CMA indicator which...

TradeWithAtemak

I've started a SHORT few mintues ago. I will stop the trade when the green line will cross under the thin aqua colored line. I've developped a personnal indicator which helps me to better view on trend moves. The full SHORT power will start in late Saturday or early Sunday. I don't think we can go that much high than 28600-28800. So we're entering a down cycle.