Morning folks, So, our H&S starts perfect. Tactically we've missed a bit, expecting upside turn around 59.5K area, but data releases and putting down of ETH ETH perspectives have supported earlier upside reversal. Also Hong Kong is very active with opening domestic ETF's that boost BTC demand among Chinese population. Now our H&S pattern has two target. Nearest...
Looking at the macro view on BTC price action one could say that it is the most bullish asset class in history and it is folks.. it is. Think long term with this and stop daytrading getting wrecked on chop.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. BTC/USDT 4 hour update: This update is based on the 4-hour chart, which provides a shorter-term view than...
Cryptocurrency markets experienced a brief pause in the altcoin recovery over the weekend as Bitcoin (BTC) faced resistance at the $67,500 mark. Bitcoin saw a minor decline of 0.2%, while Solana (SOL), the fifth-largest cryptocurrency, dropped over 2% to trade at $169. Despite this dip, investors view it as an opportunity for a rebound, especially considering the...
Bitcoin (BTC/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 64,597.02 1st Support: 63,447.10 1st Resistance: 67,218.82 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
BTC/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 65,136.71 Why we like it: There is an overlap support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 63,421.66 Why we like it: There is a pullback...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) USDT is expected to gap up. (USDC 1D chart) USDC is also expected to increase its gap. I believe that the rising gap between USDT and USDC is a sign of funds flowing into the coin...
Bitcoin has followed my anticipated scenario nicely over the recent two weeks (it doesn't always agree). As I have written in my previous two articles, the 64K and 68K resistance areas are potential take profit zones, NOT locations to put on more risk. Price action appears to be confirming that and is attempting to retrace off the 66K area minor resistance (See...
Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. BTC is currently testing support around the $66,500 level. This area coincides with the 100-day moving average (100MA), which can act as a support or resistance level. Two potential scenarios emerge: Scenario 1: Support Holds: If the price...
Upon analyzing the BTC/USDT 4-hour chart, several critical technical indicators and levels stand out, providing insight into potential price movements. Trend and Resistance Analysis: The chart shows that Bitcoin has faced several periods of volatility, with the current price hovering around 66,707.40 USD. The price is currently testing the resistance level marked...
Watch for the closing price penetration of the right shoulder high as an indication that Bitcoin will go on a run against Gold.
Does BTC really intend to break the previously theorized C&H corrective pattern? The downtrend line outlined in previous analyzes were being respected. However, I noticed that in recent days prices managed to escape this limbo. Interesting, isn't it? If the downtrend line breakout is true, a likely destination for prices would be the 85K region, an “upside” of...
BINANCE:BTCUSDT After breaking the wedge, Bitcoin has reacted to the PRZ range, it is possible that the price will increase again after a short period of time. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with all these signals, the market changes...
Total #crypto including #btc #eth #sol #bnb #xrp #doge and all other #altcoins market cap is now testing the daily ichimoku cloud resistance zone. Daily stoch RSI is exhausted a bit. Declination or breakout will give great results while the direction will be determined.
#bitcoin #btc formed both ascending wedge and bearish RSI divergence. A deviation to 68 - 69K is expected. Hard declination from ~69K region will cause this bearish patterns to play out. If bearish patterns play out, the target will likely be the retest zone of the #btcusd breakout price. The invalidation: If #btcusdt price breaks out above 70K region and 2 3...
CRYPTOCAP:BTC #BTC My expectation is that a similar scenario to the one in the chart will play out. So far, after each halving, we've seen a bull market, but it takes some time for it to happen. In this part of the cycle, large corrections, painful dips, and boring consolidations are completely normal. Be patient, stay focused, prepare for the third quarter,...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it broke $66500 level and fell to support line of channel. BTC rose to resistance line, but at once made downward impulse, thereby exiting from channel and breaking $60200 level. After this, price started to grow...
Bitcoin is a descending channel and currently sitting at the upper range at area 67-78k. Next target if the upper range holds is to the major support demand zone at area 50-52K and the lower range of the channel.