CRYPTOCAP:BTC #BTC broke below $68,546 support down to $66,323 support which tested and held on last dip, $67,716 being tested as of now, RSI on 4H and 1D getting better, $68,546 support to be regained to reattempt at $71,379-$72,162 resistance area. Watch given s/r
4 hour chart comparison, negative correlation between Bitcoin and the Dollar Index. I'm still bullish on BTC up to 73k, but I think we'll at least see 67.5k with the way these two are moving, possibly a pullback below 67k to around 60-65.
Hi Traders, Here are my thoughts on BTC, difficult stages but we have clear defined strategy. All the best, Regards, S.SAri
The Bitcoin (BTC/USD) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance level which is an overlap resistance. Pivot: 66,022.69 1st Support: 64,588.58 1st Resistance: 68,777.23 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The volatility period is ending. Since the StochRSI indicator currently looks to be rising to the overbought zone, the key is whether it can be supported around...
Good Evening and I hope you are well. bitcoin comment: Closed my swing short for big profits, I hope you made some. Next I expect the triangle to play out and probably break to the downside. The breakout-retest at 70137 was as perfect as it gets. Bitcoin’s fate also lies with the CPI and Jpow releases tomorrow. If markets rally, so will btc. If we sell-off, btc...
The price bounced here as the zone was a weekly support zone but has come to the daily resistance zone DR1. But it seems it is likely to get pushed a bit more down. Below we have support zone DS1 and WS2. First is the daily support DS1 from where the price is likley to bounce. Therefore, a short trade is favorable here. The price is likely to land to daily...
Bitcoin failed to break above the resistance area at 70-72k area and is currently in a descending channel with a possible target to the lower channel and the major support demand zone at area 50-52K.
Here is a new short trade idea. The price has been pushing up after the last big drop around 5 percent. The price found support around 68.5k zone and since then it is pushing up slowly. This push has been really slow and likely to reach till the low TF resistance LTFR1. I expect that the resistance there would make the upward push of the price to stop and then...
#BTC #Bitcoin Chart Update: We've reached an important support level and are poised to move upwards from here. There's no reason to panic sell at a loss. When looking at Bitcoin liquidations over 3-day, 7-day, and 1-month periods, we see significant amounts of liquidity, amounting to billions of dollars, accumulating around the 71k level. Almost all indicators and...
Hi guys! 👋🏻 🔔 $71400 is a static barrier for $BTC. The resistance which #Bitcoin is yet to break. Bitcoin is lacking liquidity to overcome that resistance, thus I'm waiting for the continuation of a correction. 🔔 Any bullish sign will be only above the aforesaid resistance or when #BTC completes the double top pattern and withholds the support at $60800. 🔔...
Current Situation: Trend: STX has been in a downtrend since April 2nd but recently experienced a change of character (CHOC) after retesting the 0.618 Fibonacci level. 200-day EMA: This is an important level to watch, marked by the red line on the chart. Trade Strategy: Entry Criteria: Support Confirmation: Watch the price action around the 200-day EMA to confirm...
After the completion of the 5th EW and then the immediate dump off of 72k resistance, I expect the pattern to continue and complete the final c off of 67k support. If it breaks this support I expect it to fall back down to the next support of 65k with a strong bounce
Current Situation: Price Level: AVAX is trading around the 0.618 Fibonacci retracement level, a critical support area. Bullish Bias: Holding above $29 is crucial to maintain a bullish outlook. Losing this level would suggest a return to bearish conditions. Trade Strategy: Entry Criteria: Deviation and Reclaim: Wait for the price to deviate below the support and...
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
In this series I will be breaking down and analysing projects that are <$100m in market capitalisation (at time of post). - PROJECT OVERVIEW Dimitra Incorporated is a global Agtech company with a mission to help smallholder farmers across the world. Operating on the Ethereum blockchain, the name derives from Demeter, the Greek Goddess of the harvest and...
In this analysis I want to discuss a (most likely) unpopular view on the market. Namely, that the "cycle" is already over and that the peak is in for now. Preface This is not my most likely outcome for the markets. You can find my most likely outcome below: Still, it's always advised to keep an open mind and explore different potential outcomes. Overview...
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the trend line and reached the support level, which coincided with the support zone and even rose higher than this level, but soon it turned around and fell back to the trend line. After this movement, BTC made a strong impulse up from the trend line, thereby breaking...