Long on NASDAQ:RIOT Short-Term Price Targets: By Friday (May 17) or Following Monday: $11.50 to $12 Early June: $14 Early to Mid-June: $16 Technical Analysis and Key Indicators Support and Resistance Levels Immediate Resistance: $11.50 to $12 Next Resistance: $14 Upper Resistance: $16 Chart Patterns and Technical Indicators Moving Averages: Check the 50-day and...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. In the latest analysis of BTC, it's signaling a triangle breakout in the four-hour timeframe. This breakthrough has the potential to propel BTC to approximately $65500. Should BTC rebound from this level, a significant rally could unfold throughout the day. Stay tuned for more updates as the...
#eth / #BTC pair is moving in the descending channel and nearing to see a local bottom. If price takes action there #ethereum price will likely overperform #bitcoin for a while. Not financial advice.
Here is a short trade idea setup. I have taken this short trade with very tight stop loss. along with small position size. The price has moved up since we closed our long. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price...
It Speak Eloquently Currently, the strategy I've written is showing the best entry point for a long position. You could say we are at the market's floor; if the strategy I've prepared for it happens, I'll make good profits. We'll see. There's no miracle in the market; the market goes its own way. I've incorporated what I've learned into my strategy, thanks to...
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the trend line and made impulse up to the support level, which coincided with the support zone and soon broke this level. After this, BTC continued to move up to the resistance level and even entered to resistance zone, but soon turned around and fell below the 64000...
Hello TradingView Family / Fellow Traders, BTC has been hovering within a narrow range marked in red around the $60,000 - $62,000 support zone. Scenarios: 1️⃣ Bullish - Accumulation For the bulls to take full control again, a break above the upper bound of the range is needed. In this case, a movement towards the $69,000 resistance would be expected. ...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC/USDT analysis, BTC is facing resistance from the Ichimoku Cloud, which is currently retesting above the parallel channel. MA 50 indicates a bullish trend. A successful breakout of the Ichimoku cloud validates bullish sentiment, while a drop below MA 50 signals a potential market correction....
U.S. CPI data for April will be released this week, and the market expects that CPI will fall. After weak employment data was released earlier this month, assets rose, and BTC also rebounded sharply at the time of the release. Therefore, if CPI data can further confirm the role of current monetary policy, then the market correction may end. On the other hand, the...
Bitcoin time frame 4 hours Bitcoin can continue to fall by entering the 4-hour overdraft area and filling the FVG.
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as...
Bitcoin (BTC/USD) has just rejected off the pivot which acts as an overlap resistance and could potentially drop to the 1st support. Pivot: 63,223.31 1st Support: 60,588.92 1st Resistance: 65,521.94 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...
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
BTCUSD is neutral on its 1D technical outlook (RSI = 49.966, MACD = -901.100, ADX = 24.861) as it is trading inside the 1D MA50 and 1D MA100. This squeeze is taking place while the Inverse H&S is forming its Right Shoulder. The 1D RSI is trading over the MA level, which is the same price action as the Inverse H&S of January. If it crosses over the 1D MA50...
In last week's BONK analysis I talked about the bull-flag pattern on the chart and that I was waiting for a move towards the bottom support. And here we are, a perfect retest of the support and a big reversal. Looking for a move towards 2900.
I expect to reach 63469.13 in the near future. It is quite possible that this will happen after testing fresh four-hour fair value gap.
Recent FUD about Pepecoin (PEPE) brought price to the local lows and even below the key level of $0.00..82. A lot of sl were wiped out. Additionally, huge liquidations give the chance for whales to buy more coins on this BTC dump. Pepe is no exception The huge support is a low border of the channel. The return inside will be additionall bullish...
Hi, friends! Floki Inu is going to update the lows at $16.08. This will be a good entry point. Also, you can this altcoins because it's a good point after -60% after the listing of fresh alts. Aptos and Render grown by 300-400% after such drawndown. Additionally, lot's of FUD appeared last days about memecoins. Floki has only $163M of cap. How easy it will pump...