During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Bitcoin (BTCUSD) broke today above the top of the Falling Wedge pattern, which is technically the Bearish Leg of May's Channel Up. If the days closes above it, we will have a repeat of the May 13 Bullish break-out but this time even stronger as the 1D Stoch RSI has formed a Bullish Cross on oversold territory. As mentioned on our previous analysis, the last...
Last weeks high: $70,741.40 Last weeks low: $68.714.79 Midpoint: $66,688.18 As we enter the Midway point in the calendar year BTC finds itself continuing to battle its '21 ATH. For many weeks now we've seen this key S/R level flipping from support to resistance and vice versa, will we finally see a breakout move above this week? Although for the last few weeks...
Hi again people. I am projecting the crypto to be weak this week, especially Ethereum. The whole pump from ETF expecetations from 3200 to 3900 should be corrected relatively quickly, we had similar situation with BTC & ETF. With slightly more Short positions on CME for both BTC and ETH, I am expecting an Ethereum panic this week. The entry now, and especially...
Bitcoin has attacked the short-term downward trendline resistance. This movement could indicate an attempt to break this resistance and a potential trend change.
Correlation between US CPI data and Bitcoin price in the following period since Nov '23: 14 Nov '23: CPI -0.5% > BTC +22.59% 12 Dec '23: CPI -0.1% > BTC + 16.29% 11 Jan '24: CPI +0.3% > BTC -17.36% 13 Feb '24: CPI -0.3% > BTC +45.84% 12 Mar '24: CPI +0.1% > BTC -15.68% 10 Apr '24: CPI +0.3% > BTC -18.21% 15 May '24: CPI -0.1% > BTC +17.38% (for now) 12...
the massive HS on BTCUSD/M1 M1 is the money supply that encompasses physical currency and coin, demand deposits, traveler's checks, and other checkable deposits. For a few years ive been very curious about this way to look at things. It looks very very bullihs, and so does SPX/M1 as I link to here : It all can fit as a new dot.com boom featuring AI and...
Bitcoin is rising within this ascending channel. Do you think it can reach the top of the channel? This could mean a new ATH around $75K! 🚀
BTCUSDT has recently formed a bullish flag pattern, indicating potential for a substantial price increase. The immediate target is set at $75,000 following three months of consolidation. However, traders are advised to maintain a stop-loss strategy to manage risks. BTCUSDT (1D Chart) Technical analysis BTCUSDT (1D Chart) Currently trading at $69600 Buy level:...
Bitcoin BTC large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, November 2022 is the head and shoulders, and the left shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above the...
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago, the price reached the resistance zone, breaking the resistance level and some time traded in this area. But later, the price turned around and made a strong impulse down to the support level, which coincided with the support zone, thereby breaking the 69800 level again. After this...
#bitcoin #btc price is about reclaim the trend line. If breaks out resistance zone #btcusd price will be more optimistic. This' also the bearish retest of the zone #btcusdt lose the dormer trend support and so i call here as major resistance zone. Not financial advice.
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
Zerolend shows an interesting cycle view for the long term. We see this as one of the main volume low market cap coins that can show high results. We will follow the trend of Zerolend in the coming days. it's a high-risk coin, but at the same time a coin that can do 300% with a high chance, since there is no guarantee in the market. Since the breakdown is low...
API3 is taking off on the weekly as it finishes up this macro accumulation and enters the markup phase. Most altcoins are in a similar position - about to go vertical. If you don't already have your bags filled, last call!
SEC's unexpected nod for Ethereum Spot ETFs (“ETH ETFs”) through the approval of 19b-4 forms has ignited a fresh wave of excitement in crypto markets. This paper delves into the impact on ETH/BTC Ratio fuelled by this development. The ratio has been a laggard throughout the current bull run. ETHER ETF ADVANCES TOWARDS APPROVAL On 23rd May, the SEC...
Hi traders, I do see a bullish structure and give reasons as to why. Is there trading opportunities, yes, coming with a scalp mindset. I give levels and hence we look for sfp's setups for this scalping approach. Please give me a like and share, Regards, S.SAri
Bitcoin rsi divergence levels have reached a very low range based on a custom measurement and custom input source. Either way the price of bitcoin moved flat based on a previous low, leading into a bullish trend forming and the price travelling higher.