Hi Traders, I hope you all are doing well and navigating the crypto market with your best strategies. This update is for DEGENUSDT. Degen is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin. $0.025 is a key confirmation zone. If the coin breaks this level, there's a high chance it...
Formations of the triangle are starting to reveal it's with the next long target being 74K
We are waiting for a breakout on the 4h timeframe from this wedge on DYDX. A few alts are showing this behaviour and we'll look closely at their pa if they make a lower local low, it could be the perfect entry. Regardless, we are looking to swing trade DYDX to the 2.7$ level minimum. The closer we are to 1.7 the easier it is to strategise and minimise...
Hello everyone, let's take a look at the 4H BTC to USDT chart, as we can see how the uptrend is maintained locally and the price has been offset by the main downtrend. Let's start by setting goals for the near future that we can include: T1 = $69,452 AND T2 = $72,943 Now let's move on to the stop-loss in case of further market declines: SL1 = $66,148 SL2 =...
Hi friends. Lets look at BTC 1H timeframe. We have a strong support zone between 66448 - 67222. And also market formed bulls accumulation zone in this prices. So upper trend to near X-Lines level 69700 in near future. Follow me )
The chart for the last range played out already, so now creating a new chart to focus on price action over the coming month or two. We ended up tagging the $58.2k support on the bottom of the range and have since bounced higher. I think it's likely that price action will continue up until the $66k resistance. If price can't break above that level, then I think...
#bitcoin #btc price is now testing both trendline and horizontal resistance zone and also this may be a bearish retest of the recent #ETHETF dump. Important moves awaits. Not financial advice.
In this analysis I want to take a look at a long-term pattern that BTC has been following over the last few years. In my eyes, BTC's price action closely resembles a cup&handle pattern, which is a bullish break out pattern. Assuming that the handle's low is in, we can place our stop right below it. Target at 150k. Be aware that the pattern has not yet been...
Adjusted for inflation, Bitcoin remains below its 2021 highs. This means that despite halving, despite the hype, despite the ETFs, Bitcoin has not made a new high in more than 3 years. This does NOT mean that BTC has topped. I still place a 75% probability that the current bull trend which started at the Nov 2022 low is only halfway done -- and that a move to...
Evening fellas, I hope you took adv. of this previous drop. Hopefully you noticed the fact BTC dropped more in % than most alts. Means that most alts bottomed with their /btc pairs and are ready for gains. If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely. Trade thirsty!
Evening fellas, To finish up these final posts about RED days, I would like to bring up this idea. Wave 5 should be as big as both drops by the past waves. It's all on the chart, take a look at it and enjoy a minimum 100% on all coins. MINIMUM!!! BY THE WAY! I will make this a LONG post, because it means LONG alts, and not USDT obviously. I think its easy to...
Congratulations to all holding ETH and all in crypto as a whole! This past week has been MASSIVE for legislation in the field. This ETF approval shocked me- I figured it'd happen just not so soon. Turns out crypto is going to get more and more intersected with politics as time moves on from here on out... As for ETH's price and the market, I am basing my analysis...
Ethereum parallel channel, the upper line is the top and the lower line is the bottom.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been overall bullish, trading within the rising channel in blue. Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel. Moreover, it is retesting a structure in red. 🏹 Thus, the highlighted blue circle is...
🌐 Bitcoin seems to have started to increase under the influence of Ethereum ETF news ➕ Inflows into Bitcoin ETFs hit $237 million on Monday . 🏃♂️ Bitcoin is currently moving near the 🔴 Resistance zone($73,780-$71,920) 🔴 and the Resistance line . 🌊According to the Elliott wave theory , Bitcoin seems to be completing microwave 4 of the main wave 5 . 🔔I...
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...
CRYPTOCAP:BTC Bitcoin's price action is currently in channel Current Price: $67500 As price action has broken out of the channel, there are two possibilities: A fake out has occurred and bitcoin will further break down to lower supports 64k, 60k OR #bitcoin is retesting channel support to attempt higher prices up to $79k (price discovery)
It feels like a very long time since we saw BTCUSD down at the 57k support level. Now with the BTCUSD likely to continue ranging between 57k and 74k, buying at value seems to be the most appropriate approach. Anticipation is that it will be a matter of time before the price eventually breaks out of the range to reach 92k (which coincides with the 100% Fibonacci...