Another day, another bitcoin daily review. Price is currently chopping around in the daily imbalance with USDT.D still being bullish. My current expectations is price chopping around for a while, run buystops and dump to 62-61k.
If this is correct $73800 was the end of wave 5 of 1,2,3,4,5 which means at least a fib 0.382 retracement but can go lower as fib 0.5, 0.556 or even lower as 0.618 (golden pocket). Quite curious to see the reaction this week witch is the last one of June. It can go either way from here even with some weakness on weekly and daily charts.
If this is correct $73800 was the end of wave 5 of 1,2,3,4,5 which means at least a fib 0.382 retracement but can go lower as fib 0.5, 0.556 or even lower as 0.618 (golden pocket). Quite curious to see the reaction this week witch is the last one of June. It can go either way from here even with some weakness on weekly and daily charts.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking below the structure marked in orange, BTC has been bearish trading within the falling wedge pattern marked in red. Currently, BTC is approaching the lower bound of the wedge. Moreover, it is retesting a strong support zone $60,000 - $62,000.. 🏹 Thus, the...
"This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions." The market has been in a prolonged downtrend, with a sharp decline in BTC causing significant volatility in the Alt Coin market. Currently, BTC is positioned at a key resistance level, suggesting the potential for an upward...
"This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions." The market has been in a prolonged downtrend, with a sharp decline in BTC causing significant volatility in the Alt Coin market. Currently, BTC is positioned at a key resistance level, suggesting the potential for an upward...
BTC seems to have entered a new uptrend, which could be good news for most % altcoins. BTC seems today to enter a new processing of uptrend which can be confirmed in the coming hours with a high chance back to 68K
After a massive pump last cycle, MATIC is one of the weaker bigger alts on the market. It has given away all of the gains made since the October 2023 bull move and is not looking like it will stop dumping. The pennant pattern that has been holding for over 2 years has been broken. I'm looking at the yellow area for a potential long-term entry. Patience is key.
everything is going according to plan GOLD can be equal to one BTC as I believe in a fall in the main cryptocurrency, maybe it will be tied to gold which will not have much volatility
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago declined lower than the support level, which coincided with the buyer zone, after which it entered to the pennant, where at once made impulse up, breaking 61200 again. Then the price made correction to the support level and then started to...
Hello my friends. Bitcoin is in a support zone. To enter the purchase transaction, you have to wait for the reversal pattern in the 1-hour time frame.
The middle of the curved channel has been hit at the green dashed line I expect this to break bullishly and price to continue up to the top of the overall channel A little inverted cup and handle can also be drawn Still bullish
📊 When we examine the daily and 4-hour charts for BTC Bitcoin, it’s evident that BTC is currently in a strong bearish trend. The price has been consistently moving downward. I’m keeping an eye out for potential trade opportunities that align with a trend continuation strategy. In our video, we delve into essential aspects such as market structure, price action,...
Nothing to do with the Taylor Swift song. Just a good old structure breakdown for Litecoin. Price really must hold here, otherwise a retest of the long term horizontal support near $22 seems likely. Not a long post. Just wanted to provide an update on this chart. This can occur even if Bitcoin merely tests something like $48k. One reason I still follow LTC is...
Seems like bitcoin will pullback here. TP midpoint of the range. GL HF
Bitcoin still in bearish market structure. Monthly candle looking bad. Might see some relief rally short term wise.
The last data shows the possibility of a new increase for ARKM ARKM is one of the coins with a good chance to show a new increase soon at this low time frame. following if ARKM can have new confirmation soon.
✅BITCOIN broke the rising Support line and the breakout Is confirmed so we are bearish Biased and we will be expecting A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅