The time on average is 0830 HR when this 4 hours chart on macro got published. The estimation of BTC movement is at such with the Fibs included. This could be the good short term start on the first week of August 2023. This chart is related to the post published previously. Let's see how the candle flows within the Fibonacci levels.
APT has been selling off for the majority of 2023 and lost nearly 75% of its value in the process. However, the fear based sell-off of early June has exhausted the bears and given opportunity to the bulls to step in. With BTC making new yearly highs it's a matter of time before APT will break the bearish spiral and move up again. Wait for daily candle to close...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First of all, we will use the yellow line to mark the uptrend line above which the price stays, while locally we can mark the downtrend channel in which the price stays at the upper edge. When we turn on EMA Cross 50 and 200, we can...
Since October 2022 I have been getting things wrong with chainlink a lot , pretty much the only coin where I missed the target and time over and over . Most of the time its easier to trade Litecoin because it actually has organic movement. Chainlink has not been moving organically in my opinion , there is no historical price movement that we can compare this...
Bitcoin is still in an upward trend and if it wants to act according to the daily trend, there is a possibility of an increase from this range, considering that Bitcoin is in a suffering trend in the 4-hour period, the possibility of this trend breaking from above is far from expected. It won't be, but any early entry may lead to losses. Support ranges are...
Overnight, multiple news media reported that according to Brian Armstrong, Coinbase's CEO, the Security Exchange Commission (SEC) advised the platform to halt trading in all cryptocurrencies except for Bitcoin before initiating a lawsuit against the company. The lawsuit, filed last month, accuses Coinbase of failing to comply with the current regulation that...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for BTC. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
This is a break-through analysis on Bitcoin (BTCUSD) on the 1W time-frame that we posted a while ago but couldn't look more relevant today and can accurately explain the low consolidation of the last few weeks. It compares the current Cycle with that of 2014 - 2017. ** Amazing Cycle symmetry justifies current consolidation ** As you see there is so far an...
Morning folks, So, based on BTC performance we do not see any reasons to change our view and we still keep the scenario with 28-28.5K target. BTC absolutely doesn't support main market stream, based on recent "positive" statistics of GDP, PCE, CPI etc. This is indirect sign of weakness. Here, on the chart we put the butterfly, but actually this is just one of...
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hello guys... let's look at that what happen to btc before, this coin made a double bottom pattern and touched the target of this pattern very well, and at the same time, the price hunt the DP! so we can consider another upward movement! now this coin made a Quasimodo pattern so if the price retraces to the upper blue area we can enter to a long position. the...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ I decided to re-enter the scalp-short 20% of the deposit. Technical: the price has come out of the "bullish wedge" which may give a slight rebound to $29,850-30,000. I'll put a limit order in case of a squeeze. Deal plan: ▪️Entrance -...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D. The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from...
After a big correction in price and time, it can gradually become ready for growth in the short and long term check
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Previously the priceline moved slightly down than buying zone, however, recovered soon and pumped almost 25%. Now on 4-hr frame, BTC has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify...
Price structure on the short term is bearish while the broader price structure continues to be bullish. Sound confusing? Traders who fixate on smaller time frames are often blind to the probabilities and potential that is present on larger time frames. This is what usually leads to many to getting caught on the wrong side, and in this case, the wrong side is...
Typical weekend scam pump? Looks to be hitting trendline resistance. Unless you get some sort of confirmed breakout above I wouldn't be getting into longs based on this early green this morning. Though I would LOVE to be proven WRONG and have this take off as i have plenty enough longs myself on proxy plays to make it great. I just don't see this really going...
At present, Bitcoin has shown a lack of strength to break past the resistance level of $29,567. This struggle could likely lead to a downward correction to the $29,000 range, testing the established support level. The market's reaction to this level could be a critical determinant for Bitcoin's next move. A strong positive response could potentially trigger a...