hello everyone, my last analysis of btc hit the target around 30k.. price has reached the main resistance level there is high possibility of double top, the price may pull back to main support area around 25k.. price candle closing below 30k would be a should sign for short position. good luck
Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price stays at the local uptrend line. After unfolding the trend based fib extension tool, we see that the first significant support is at $29,094, then the second at $28,912, and then the third at $28,730. Looking the other way, we see that first there is the...
It is not the first time we look into how the Chinese bonds (with our unique CN02Y/CN20Y ratio displayed by the blue trend-line) affect Bitcoin's (BTCUSD) Cycles: With the addition of the Sine Waves to better illustrate the Cyclical behavior of the bond yields ratio, we can see that it matches almost perfectly BTC's Cycles. Every time it bottoms, BTC bottom...
Yesterday, the price of Bitcoin experienced significant fluctuations, showcasing a volatile market. During this period, the buyers provided short-term support, leading to an increase in price towards the resistance range of $29,400 to $29,465. However, once the price reached this crucial area, it triggered a negative reaction, resulting in a range-bound trend on...
Over the last year, LINK has been trading very stable between ~5.5$ and ~9$. With the price currently around 8$, it begs the question whether we're going to break out this time, after several failed break outs. Statistically, there's a small probability that we will actually break out. Therefore I'm going to wait for a daily candle to close above 10$ to confirm...
hello guys... as you can see the btc jumps from one compression to another one! now it has been stuck on the compression. we should wait until one side breaks out, I focus on break down but let's see what happen if the price breaks up then get a long position and the target is 30580
Last week I made an analysis on DOGE and the fact it was about to break through a 2-year downtrend. As of recently, DOGE has finally broken out, helped by Twitter's highly anticipated payment system. The hype is mainly based on Musk's earlier comments that he wishes to make Twitter part of the global financial system and that he sees DOGE tokens as a way to...
Looks Juicy For Short Term Formed & Breaking Descending Channel Incase Of Successful Breakout Expecting Massive Bullish Impulse Keep Eyes Lower Timeframes Too Incase Of Successful Breakout Expecting 75 to 80% Bullish Wave
Greetings, TradingView Family! This is Richard, also known as theSignalyst. 📌 This week, BTC broke below the 29,500 support level and the previous major low, signaling the bears' dominance in the market. Currently, the price is trading within the falling red channel, indicating a downward trend. 📈 To regain control, the bulls need to achieve a momentum...
Today is an important day for the financial markets, in 10 hours (18:00 UTC) the Fed will announce a new rate. 98% of respondents expect a +0.25% rate hike from 5.25 to 5.50. More interestingly, it is predicted that this will be the last rate hike in 2023, and at the end of the year, they may even cut the rate a little. We won't go into the macroeconomics, but...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) As the HA-High indicator on the 1W chart was created at the 29003.87 point, there was a movement to touch this area. At the same time, the 28465.36-29003.87 section became more...
Morning folks, So, first dive has happened. While all other markets - FX, Gold, Stocks show positive reaction on Fed statement - BTC can't support the major trend. This is indirect sign of weakness. Now price mostly is supported by 4H K-support area that you could see in our previous update. We do not see any reasons to take off the table our 28-28.5K target...
Hi all. SCRTUSDT is a global downtrend, locally it works in an uptrend, when the blue trend line is broken/retested, the trend changes to an uptrend. Marked targets and levels on the chart.
Bitcoin violated an important horizontal daily demand zone this week. The broken structure turned into a supply area. The price is currently testing the broken structure. Analyzing the intraday price action, I spotted a bearish flag pattern. I believe that a further decline will initiate after a breakout of the support of the flag. 4H candle close below that...
Bitcoin BTC bull market comparison, Bitcoin BTC2025, history will not repeat itself, but it is always surprisingly similar, replay the historical bull market of 2016~2018, welcome the bull market of 2023~2025, refer to the historical market, it does not mean that it will end up the same, but similar , the focus is on the angle and distance between the trend line...
Seems Like Getting ready for Massive bullish Rally Formed Text book Descending Channel In higher timeframes & trying to Break it Incase Of Successful breakout Expecting 300%+ Bullish Rally in Midterm Keep Eyes On For breakout
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to the new BTC update. Finally, after a long consolidation, BTC breaks down the range. It breaks down the important $29.5k support which is holding it for the past 1 month. Currently, it is trading around FWB:29K level. From here I'm expecting a small bounce up...
I am bearish unless we break the green resistance line which aligns perfectly with the 4 hour 200MA. here due to an ascending channel + a bear flag pattern, anyone with a tight SL it stopped out and degen traders shorting with high leverage are liquidated. If you noticed the price decline in market starting happening much prior the announcement around 4-5 days...