Bitcoin has shown that it's ready for a new all-time high by printing relatively big green candles over the last 3 days. However, the 73k-74k area remains an area of big resistance. Previous buyers are looking for an exit, whilst patient bears wait for the perfect short. My best guess is that Bitcoin is going to trade around the purple area for a couple of days,...
Current Situation: Price Level: SOL recently pumped and is now trading at the top of the range area of support around $170, providing a potential entry point for a long trade. Trade Strategy: Entry Point: Enter a long position at the current support level of $170. Take Profit Targets: First Target: $190 – $210 Second Target: $240 - $260 Stop Loss: Set just below...
Current Situation: Price Level: AAVE is testing the top of the range area of support around $100, providing a potential entry point for a long trade. Trade Strategy: Entry Point: Enter a long position at the current support level of $100. Take Profit Targets: First Target: $107 - $115 Second Target: $132 - $142 Stop Loss: Set just below $93 to manage...
Current Situation: Price Level: AVAX is trading at a support level of around $36.00, offering a good opportunity for a long trade. Trade Strategy: Entry Point: Enter a long position around $36.00. Take Profit Targets: First Target: $40.00 - $44.00 Second Target: $50.00 - $53.00 Stop Loss: Set just below $34.40 to manage risk. Summary: AVAX is at a strong support...
Current Situation: Yesterday, Bitcoin saw a 4% move to the upside, igniting the rest of the market. If this trend continues, we could be in for a very strong month. Resistance Levels: Major Resistance: $72,000 (bottom of the range area acting as major resistance) All-Time High: $73,800 Next Resistance: $76,000 Market Dynamics: Short Squeeze Potential: Many...
A bearish divergence formed in #btc #bitcoin dominance chart in mid term and also #BTCD is losing the ascending channel. The money will flow into #altcoins or #usdt ?Not financial advice.
is $34500 The 50% drawdown level from the previous cycle laugh let see if it can repeat the 3rd time We assume this is going to happen leading up and post #halvening But open to a quickening of this timeline because #ETF news driving the hype even quicker
Hi all. Timeframe 1 week. BNBUSDT completes triangle formation. At 213.8 there is strong support. Spot recruitment is available now. Also long during breakout/retest. Marked goals/levels on the chart.
Yesterday, Bitcoin again tested the resistance near $70,000 but failed. After soaring to $70,258, it quickly dropped below $69,000, where it currently trades. Overall, not much has changed from a technical perspective since our previous update; merely the sideways trend of a lesser degree became more apparent, with Bitcoin struggling at the $70,000 mark. As such,...
Filecoin is being shilled by Arthur Hayes as he likes the narraitve of decentralised blockspace I just like the chart :) I predict we see this W bottom play out for a second time Will the blowoff top be as manic ? still good gains to be had .. if Bitcoin does what we hope
#bitcoin #btc price has formed a bearish RSI+ Stoch+ MACD divergence in lower time frame. Minor correction may be necessary. Not financial advice.
Hello, friends!🫶 Could Bitcoin be worth $600,000?😱 🧐Today, let's take a look at the weekly logarithmic chart of Bitcoin and try to identify similarities and patterns in its movement to discuss the future price development. I've highlighted support levels with green 🟢 lines (looking at the overall chart, these levels represented accumulation zones for future...
Exciting movements on BTC today! The last two 1-hour candles were intriguing, showing some notable volume. On the 15M timeframe, we broke the low and then bounced back up. With a false break on the 1H timeframe, we might see a retest of the 15M low. This sets up an interesting opportunity to go long. I've set my order—let's see how it plays out!
We’re looking at an intriguing breakout opportunity! Multiple timeframes are showing potential, though it’s not crystal clear, making it even more exciting. Daily Timeframe On the daily chart, we saw an initial pushdown post-breakout, but the 20 EMA is providing solid support. 8-Hour Timeframe The 8-hour break looks more promising. We’re holding above the...
BTC/USD is reacting off the resistance level which is a pullback resistance and could potentially fall to our take profit. Entry: 71,359.39 Why we like it: There is a pullback resistance. Stop loss: 73,458.03 Why we like it: There is a resistance level which lines up with the 127.2% Fibonacci extension. Take profit: 68,869.95 Why we like it: There is an overlap...
BNBUSDT : If it breaks the range of 630 and the candle closes above it And the pullback is done, we can expect the specified range to move But keep in mind that this is the first and short-term target And if the price breaks our red trend line and crosses it Then it will move up to the blue trend line. You can open your position right now And set your stop...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. #BTC/USDT Analysis The crypto market has entered a strong bullish rally following the successful breakout and subsequent retest of the symmetrical triangle pattern. This rally faces horizontal resistance, a crucial level influencing short-term price movements. Symmetrical Triangle Pattern: The...
During the recent rally, Bitcoin (BTC) displayed significant bullish momentum. In our video analysis, we delve into a potential buy opportunity, provided that price action aligns with our entry criteria. We look closely at the 1H chart: 1: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. 2: Long...