BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
Bitcoin (BTCUSD) is starting the next rally phase after the pre and post-Halving 2-month consolidation, a development that is consistent with both of its previous Cycles. In fact, if traded around and above the Mayer Multiple Band (MMB) of 1 Standard Deviation (SD) above (gray trend-line), which is the exact same consolidation phase it had (blue ellipse) after...
Hello TradingView Family / Fellow Traders, As per my last analysis, attached on the chart, BTC broke above the accumulation phase and traded higher. Currently, BTC is hovering around the upper bound of the range. What's next? Scenarios: 1️⃣ Bullish - Continuation For the bulls to maintain control, a break above the upper bound of the range at $72,000 is...
Just wanted to show something here... I do play around with timelines, and with BTCUSD, it is a little uncanny that more of these are followed. See example in chart for pretty much 2024, only one time in end March did it fail. Otherwise, there is a 7-14 day heads up on the imminent direction. Uncanny. So the point is that tomorrow should see the peak, and by...
BTC/USDT daily chart, several key technical indicators and levels stand out, providing insights into potential price movements. Trend and Resistance Analysis: The chart shows that Bitcoin (BTC) has experienced significant volatility, with the current price hovering around 66,707.40 USD. The price is currently testing the resistance level marked as R1, around...
We all know of the strong rally that catapulted to a fresh record high in March. Yet price action since appears to be corrective. Whilst we do not yet know if this is simply the first leg lower of a complex correction, or it is set to break to new highs - only time will tell. However, it appears set for a leg higher over the near term. Volume retreated with...
simple trading - Triangle pattern If BTCUSD closes below the triangle sell. This is the most simplest form of trading. Don't overthink it. After a massive push to the upside, it only makes sense for the price to make a pullback. Entry level : 69500 SL 70000 MAX TP: 66200
Hi. BITSTAMP:BTCUSD ✅Today, I want to analyze BTC for you in a 30MIN time frame so that we can have a SHORT-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). - With the morning event on April 19 when the price exited the Down Channel but returned to kill the previous...
Hi. BITSTAMP:BTCUSD ✅Today, I want to analyze BTC for you in a 12H time frame so that we can have a MID-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, BTC has completed his corrective waves (ABC) and now he has reached the end of the...
Text book scalp, expecting some sort of de-risk event today - tonight leading into the heavy news week. Looking for price to test the mid range of this fair value gap.
The price has hit the weekly resistance WR1 and has pulled back from there. The price has been pushed down from that resistance and it has now hit hourly support HS1 on this pullback. This support zone will provide support to the price and the price is likely to bounce enough for a long trade opportunity. We try this long trade towards weekly resistance around...
As of May 22, 2024, Bitcoin (BTC/USDT) is experiencing some notable movements on the daily chart. Here's an in-depth technical analysis to provide insights into the current market conditions and potential future price actions. Price Action and Key Levels Current Price: $69,265.99 (down by 1.26% today) Resistance Levels: R1: $69,249.46 R2: $77,826.92 ...
Analysis of Ethereum 4-hour time frame Ethereum can rise from these ranges to 4040
According to the previous analysis that was reviewed in 1H time, after the correction to the support box, the demand was met, and the target touched the ceiling of the channel after the correction. 💎But currently, in 1H time, after hitting the ceiling of the channel, it is being corrected, and this correction can extend to the green box, in case of renewed...
Bullish Sentiment Boosts Global Digital Assets Market Amid Bitcoin Investments The global digital assets market is experiencing strong bullish sentiment, largely driven by increasing inflows into spot Bitcoin exchange-traded funds (ETFs) and favorable trading conditions. Despite a notable outflow from Bitcoin ETFs, the latest Bitfinex Alpha report highlighted...
BTC Dominance (BTC.D) is currently testing a crucial monthly support line from the end of 2022. A break below this level could signal a significant trend reversal, favoring altcoins and potentially marking the start of an altseason. Key Points: Critical Support Test: BTC.D is at a key monthly support line from late 2022. Historical Context: The last significant...
Just playing the fibonnaci range of Bitcoin... First short around 1h fvg / 0.786 fib... And long after confirmation round fib 0.618
Bitcoin established a new local high yesterday morning at $71,281 before retreating slightly lower. Despite the recent price increases, we must primarily continue to assume that the price will once again sell off into our green Target Zone ($58,655 - $47,012). Once the low of wave 4, which is also in green, is placed there, we see the price sustainably surpassing...