#Bitcoin Chart Update: One of the top indicators, the TD Sequential, has given a buy signal on the 4-hour #BTCUSDT chart. As you can see on the chart, it has given four buy signals in the past three months, each followed by significant gains. The target is a 22% increase, aiming for the 70k level.
In this video we breakdown the current downtrend in #BTC. I see this making a u-turn in the near future, but we are ready to go short should the levels noted in the video break!!
bitcoin is in a downtrend and the daily chart shows some interesting developments. we have 2 fair value gaps one at 64.5k - 63.1k which lines up with my wave 3 target which is the 1.618 level of wave 1 measured from top of wave 2. We have another fair value gap at 62.5 that extends down to 59.6k which is significant and will probably be filled. this would be my...
#BTC Army, here we go. 1:4.7 Risk to Reward As always, Stay Safe and DYOR. #TheHopinionist
Two weeks ago I made an analysis where I discussed a potential short-term bearish view on Bitcoin's price, see below. I argued that if I were a bull, I'd wait for either a new all-time high break out or a sizeable correction before stepping in the market again. As seen on the chart, my purple support line is holding (for now!). A reversal from this area would...
Btc shows as going to 52K area were it will decide if it will take the next leg up back to 64k or the next leg down to 30k, with extensions to 13k and even 3.8k. In order to break out of the bearish zone it needs to go on top of the red line and use that as support. so till than the chart is bearish
Bitcoin (BTCUSD) followed the medium-term June bearish forecast and as we projected on the following 2 analyses (see charts below), made the expected correction on the Support Zone around 60k: Now the market has entered into a medium-term buy opportunity again and once we get confirmation from the 1D MA200 (orange trend-line), it will be a long-term one...
daily analysis is same Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
#ZCX #Analysis Description --------------------------------------------------------------- + Price is heading towards the strong support zone, this support held for long time + Expecting the price to bounce back after hitting this support zone + You can enter the position now, or when it hits the support. + SL is below the support...
#SUI/USDT #Analysis Description --------------------------------------------------------------- + SUI has broken out and is heading towards a strong bullish trend. + This presents a great opportunity for a long trade. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.0954 Stop...
#UNI/USDT #Analysis Description --------------------------------------------------------------- + UNI's price is currently moving towards the resistance level around $14-$16. + If this resistance is broken, the price could head towards the next resistance around $30. + The subsequent resistance level is around $45, which is UNI's previous all-time high...
#XMR/USDT #Analysis Description --------------------------------------------------------------- + The price has hit the resistance level and appears to be rejected from it (confirmation will come once the candle closes). + We can consider entering a long trade once the price retraces. + There is good potential in the bull run if the price bounces back after...
The current trading price of Bitcoin against USDT is $60,021.58, reflecting a recent decline of approximately 5.04%. The chart displays a complex scenario with multiple key technical levels. Key Support and Resistance Levels: Resistance 1 (R1): $67,117.47 - This level represents a significant resistance, which Bitcoin struggled to overcome in recent...
I've been watching this bearish M-Pattern for some time, and I still believe this is a multi-month playout towards a new ATH: This lines up with my initial correction target using Elliot Wave Theory: We see a very clear Double Top play out in the Total Chart, also indicating that it's time for a correction: HOWEVER - I expect the bulls to be ready and sweep...
REACH is forming a nice bottom structure which reminds me of BONK before take-off. Also the RSI is printing higher highs on the daily since the beginning of May. The volume is going up, whales are accumulating for sure. With only $2.5 Million fully diluted marketcap and 100% of the coins in circulation this AI web3 social-fi protocol could surprise a lot of people...
We observe that Bitcoin is currently consolidating within a broad range, showing no significant trend changes, and remaining in a choppy market. We identify an ascending channel pattern that has yet to be completed, approaching its lower channel support. Within this channel, the price is nearing important demand zones, indicating potential buying interest. Now we...
If 67k is lost and not reclaimed, Bitcoin may target a drop down to ~63k and then 60-61k (around 60.6k). This relates to a couple of other charts previously posted: A smaller double-top on the 4 hour chart that is already confirmed and hit TP 1, which is likely headed towards TP 2: A daily chart that is targeting 73-75k if it can hold 60k:
In less than one month it will be 6 months when CRYPTOCAP:BTC topped. Historically, this has been an important time frame for the asset. #Bitcoin is getting to the major support level faster than anticipated, yellow line. The time between big cyan colored arrows is IMPORTANT. #BTC close to oversold & TONS of $ has been taken out. Getting closer to a bottom.