Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price rebounded from the lower border of the downtrend channel. Let's start by determining the support line and as you can see, the first support in the near future is $57,035, which kept the price from a major correction, if the support is broken, the next...
Bitcoin struggled to make a strong ascent and is now approaching the resistance zone with difficulty. Consequently, I anticipate a further decline, at least to retest the support zone.
Market Analysis: DOT is holding a higher timeframe range high as support, forming a double bottom pattern, indicating potential readiness for an upward move, contingent upon overall market stability. Trade Setup: Entry: $6.8 - $7. Take Profit: $8 or next resistance around $9.5. Stop Loss: $5.7. Risk Management: Utilize a stop loss at $5.7 to mitigate potential...
This analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA...
As I see it we now have two more likely options regarding price trajectory for Bitcoin. Let's first review what has occurred in the past few days. After 9 hits on our multi-year support, we finally broke WITH confirmation. That last part was important. I had stated that if we break and confirm, our first target down would become that first purple ascending trend...
If things continue down could we see the final bounce in the mid to low 40k region or will we hit 35k… Or is the reversal in? For two years I guessed 52-56k was the Macro Cup
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
`To trade a bullish symmetrical triangle, observe a consolidation pattern formed by converging trendlines with higher lows and lower highs. Wait for a breakout above the upper trendline accompanied by increased volume, signaling potential upward momentum. Enter a long position after the breakout, aiming for a price target approximately equal to the height of the...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Bitcoin has been on a rollercoaster ride lately. Fear is palpable in the market, with the Fear and Greed Index dipping into "fear" territory. However, could this be a buying opportunity disguised as a downturn? Let's analyze the price action and explore the...
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price rebounded from the trend line and rose higher than resistance 2, which coincided with the resistance zone, thereby breaking this level. After this, BTC started to trades inside the resistance zone, but later it made an impulse down to almost trend line, after which at once turned around...
#BTC On this chart I highlighted important resistance levels to keep an eye on: 63096 66899 70033 Especially, we may see strong rejection from 63096$, there currently Daily 50 ema is crossing, + FVG levels on smaller timeframes are laying there.
Hello, dear friends! 😊The cryptocurrency market continue declining rapidly. Of course, Bitcoin is doing the same.🔻 I've shown You on my chart, what we might expect in the next week or two.👇 In the photo ⚪️ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.📖 I think we can expect something similar....
Hello, dear friends! I hope You're having a great weekend!🫶 Today it happened! The halving has occurred. The price hasn't reacted yet. And that means that significant movement awaits us ahead! How are You feeling? Will bulls or bears dominate the market? I wanna share with You one of the possible scenarios for price behavior in the near future. What do You...
This is an update to my previous Bitcoin short idea. Price reached above 50% of the range which means it has reached the minimum premium for shorts being viable. I will monitor price action in the current Daily Order Block and see if we move lower from here. There is a resistance trendline with Buyside liquidity so we may still reach higher into the zone from my...
Bitcoin broke the pennant and now to complete the corrective wave, the price can move to the PRZ zone. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes...
TOTAL1 #cryptocurrencies total market cap chart. (Inc. #btc #bitcoin #eth #sol #bnb #xrp #doge and all #altcoins) Some dead cat bounces are necessary, but overall weakness is playing out with continuation. Former support zone is now turned into a strong resistance zone (Orange box).Declination will be sour. Not financial advice.
Bitcoin (BTCUSD) almost tested the Higher Lows trend-line that started on the October 12 2023 Low, which is technically the bottom of the 6-month Bullish Megaphone pattern. Having a notable Resistance on the 1D MA50 (red trend-line), which is where BTC last failed to make its bullish break-out, if this level holds, then we can expect a strong Bullish Leg such as...
hello guys... as you can see this coin broke down the descending channel and the middle line or bottom line of the next channel would be the next targets! buy as you can see this coin has a supply and demand zone on the gray area! so we can count on one of these scenarios, which one do you interested in?! ___________________________ ✓✓✓ always do your...