BTC/USDT continues to trade near the 58,409 USDT level, which is a crucial support area. The price is hovering near the bottom of a descending triangle, indicating that this support level is being tested. The green trendline and the 52,408.76 USDT support remain critical levels to watch. A breakdown below this level could lead to further downside momentum,...
In this #gold against #bitcoin chart, ( #xaubtc) TVC:GOLD has filled the gap and price ready to make a new impulsive wave against CRYPTOCAP:BTC , NOT #Dollar in short/mid term.
Market Context: SUI is currently trading at a key support level around $0.90, presenting a potential opportunity for a long spot trade. This level has shown strength in holding the price, making it an ideal entry point. Trade Setup: Entry: Enter a long spot trade at the current $0.90 level of support. Take Profit: First target: $0.99 - $1.03 Second target: $1.12...
BINANCE:BTCUSDT COINBASE:BTCUSD Mid-risk status: 4x-5x Leverage Low-risk status: 2x-3x Leverage If BTC closes above the yellow area Price can retest 61K, then 63K and then 65K.🔼📈 ⚡️TP: On the chart ➡️SL: On the chart 🧐The Alternate scenario: 🔴If the price stabilize below the trigger zone, and stabilize above resistance line, the setup will be cancelled.
Is a cup and handle playing out in BTC? It appears to be exactly as Thomas Bulkowski wrote about
Bitcoin from the monthly view gives us a very clear indication o where we are in this cycle, specifically compared to the previous cycle. A few points that are noteworthy from this perspective: ❗ Perfect Elliot Wave Theory playing out ❗ Currently in Corrective wave 3-4 ❗ Still making HIGHER lows, still bullish I've said this last year, and I'll say it again...
hello everyone. Due to the following reasons, I predict a downtrend of Bitcoin in the Weekly time frame : 1- as you see from now 2022 until aug 2024 , price and volume trend is opposite. 2- Mfi has moved below the 50 line. 3- in large channel we can see that price can move down at least to midline ( about 54000) and in the other zones ( 48 , 42 , 32 ) 4- in...
Welcome to another analysis, where I dive into the latest developments with BTC and explore the potential paths ahead. I'm becoming increasingly bearish on BTC following the confirmation of a "Death Cross," where the 20- and 50-day moving averages have crossed below the 200-day moving average. This pattern is often seen as a strong indicator of a bearish reversal...
Bitcoin, take a trade with me! In a previus analysis, i shared that the best area for taking long is $57k area Price follows our plan. Everthing looks like price will go up and take $62k or even $64400 key zone I`ll take a trade in a case of SL hunt or Big oi rise watch full plan to follow me
Bitcoin - I`ll take trades in 2 cases! !st local short in a case of one more SL hunt at $63k area LONG at key zone $58k that's VAH of lower range and big HVN
BINANCE:BTCUSDT the BTC is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Note: we should wait for the breaking of the triangle and than make a move! ✨Traders, if you liked this idea or have your opinion on it, write in the comments,...
Bitcoin (BTCUSD) closed last month (July) in green and even though August started on a very strong decline, the market has managed to recover most of its losses before the middle of the month. This shows incredible buying force right on the 0.786 Fibonacci retracement level of the 2021 All Time High (ATH). Today's study is centered around the 1M time-frame and...
#BTC #BITCION The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well The current price is $59,102. It is expected to fall to touch the lower limit of the channel at $57,700, which is the entry price There is a strong support point at this level, green Targeting the upper limit of the channel at $60,000 This boot...
The market is buying back BINANCE:ETHUSDT after a big fall due to fear. Bulls kept the price below 2000 and now they are trying to keep it above 2500. The overall bullish backdrop is still in place..... A very promising technical situation is forming on W1. If the price returns to the global sideways range, we will have good prerequisites for a rise to 4000...
BTC/USDT is trading at around 60,912 USDT, hovering close to the immediate resistance level at 62,000 USDT. This is a critical juncture for the price action. Immediate Resistance: 62,000 USDT. A successful breakout above this level could signal a bullish trend, potentially targeting higher resistance levels at 71,462.14 USDT and 73,449.96 USDT. Immediate...
BTC has shown a positive increase in volume over the last few hours, which could potentially lead to an upward trend towards 62K soon. BTC should hold 58.3 to target soon up 62K since the first volume run did start at 58.3 The main whale view is still holding BTC on the top wallets BTC. This area has shown an important volume confirmation
I came across BVIV - Bitcoin Volmex Implied Volatility Index to time the next surge. Currently we're on a consolidation phase again, and BTC about to create a new base again for the next series of ascend. It's getting riper every hour now for that next surge. New daily shift has been spotted. We are close to that stage. Let's test this one out. Spotted at...
If you haven`t sold the Double Top: The digital asset market remained subdued after the recent X Space session between Elon Musk and Donald Trump, where crypto went unmentioned. Elon Musk, a long-time advocate of cryptocurrencies, has recently been joined by Trump, who has surprisingly become a supporter of the asset class. This shift is notable, not just...