ETH has been trading inside this channel for over two years now. After the recent touch of the support, the support has solidified itself even further. Note that the support is a more clear-cut line, while the resistance is more an area. Another touch of the bottom support would potentially be great news for the bulls, hence the signal on the chart. Seeing that...
End of the month could come with BLOODY MARKET. This includes crypto market as well. The following is one of a few scenarios of quick movement which may take into consideration. But risky.
I believe there is a massive crash coming for the crypto markets during the week of September 9th through the 15th. Don’t ask how I came up with this prediction; it’s too complex to get into. I don’t know if the drop will be a massive red candle in a single day or if it will be a multi-day process to achieve these lows, but I’m predicting that the minimum price...
🔍 BTC/USDT Analysis: Weekly Timeframe 📉 The BTC/USDT chart on a weekly timeframe highlights significant upcoming dates where price movements may present trading opportunities. These should be analyzed in conjunction with higher timeframes for a comprehensive market view. • September 2, 2024 - Green Line: This date marks a potential local low, providing...
Bitcoin was accompanied by increases and decreases ( high momentum ) in the past days. Currently, Bitcoin has reacted well to the Support zone($63,630-$63,200) . I expect Bitcoin to rise from the Potential Reversal Zone(PRZ) and fill the upper CME Gap($61,445-$60,485) . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop...
Bitcoin will hit the FVG area before further dipping down, a great place to short BTC in the FVG area.
CRYPTOCAP:BTC.D 1W chart; Bitcoin Dominance has been moving horizontally at the same level for 3 weeks. Let's not forget that the chart is weekly. Although I think it will most likely return from the 58.25% level , I also stated that it may be better to go down after at least testing the 62.52% level above. The reason is that this will be very useful in the...
Morning folks, So, we've got what we wanted - BTC dropped and not only to 61K but slightly lower, to 59.5K. The major question now is whether we indeed will go to 67K or deeper retracement comes? In fact, riddle is relatively simple. BTC now stands at strong intraday Fib support area. To keep bullish context, it has to go up right from here. In this case...
In this analysis I want to take a look at the bullish channel that BTC has been trading in for around 3 weeks. The bottom support and top resistance are perfectly matchin price action, so my guess is that a lot of traders are looking at this set-up. I anticipate that BTC will reverse from this point. Unless the stock markets break down, the chart is clearly...
We go to 45k or 38k for a deeper correction before next leg up? This would complete the inverse head and shoulders.
BINANCE:FLOKIUSDT practically does not react to the manipulative fall of bitcoin. A breakthrough of the channel resistance and consolidation with the purpose of continuing growth is formed. It is worth paying attention to the zone of 16.00 The coin has been in an downtrend for a long time. But interesting preconditions are forming on H4. Floki lives...
After the last fall, you entered the zone of interest. Now, we are likely to go to the white box, from which we will see the final movement down and the subsequent impulse with the renewal of new tops or without dipping into the zone of 54-56k. I look at the market extremely positively. -Because everything is down right now - Altcoins -We've held the Bitcoin...
Overview: The FRED:SP500 gave us another red candle on Thursday, erasing Wednesday's gains. It has been accumulating in this zone for a week, unfortunately drawing a longer lower wick. The effects of the September sell-off are starting to become more evident. NASDAQ:QQQ confirms our concerns, as its recent high failed to reach the previous high and is now...
We are observing a BTC dominance move that will indicate the anticipated altcoin rallies in the next 3-4 months. This move could signal a significant rally in the altcoin market and pave the way for substantial gains in altcoins. A drop in dominance can be seen as a positive signal for altcoins.
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- The StochRSI indicator is showing a shaky appearance as it falls below the midpoint. Accordingly, it is necessary to check the movement of the StochRSI indicator when a new candle is...
Yesterday, I made a very comprehensive update on why BTC likely has a hard drop coming - the only problem is it published the video on the BTC.D chart 🥴 So, you've likely missed it and I will repeat it here today because it's a VERY clear signal. Altcoin dump happened BETWEEN the first turquoise and the purple vertical line, from halfway onwards: Up until this...
Market Context: FTM is at a key support level and is oversold on medium timeframes, making it a favorable candidate for a long trade. Trade Setup: Entry: Long spot position at $0.43 support level. Take Profit: First target: $0.50 Second target: $0.60 Stop Loss: Just below $0.40 📊 This setup aims to capitalize on the oversold conditions and key support, with...
Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level. Trade Setup: Entry: Long trade around $10.80 - $11.53 support level. Take Profit: First target: $12.50 - $13.00 Second target: $14.50 - $15.30 Stop...