All eyes must now be watching BITSTAMP:BTCUSD 's flag support shown in the primary chart above. Since BTC's all-time high at $73,794, BTC has had a steady, yet volatile, pattern of consolidation that has fit within a downward sloping flag channel, often called a bull flag. Yet a bull flag isn't a bull flag anymore if the lower channel breaks down decisively. So...
After several weeks of correction. No one doubts Trump's victory in the next US presidential election, so we see a positive trend in the market. The fact that Trump is positive about cryptocurrencies and his proposal to appoint Larry Fink (head of BlackRock) to the post of US Treasury Secretary, of course, causes a big stir in the sphere, as I wrote in previous...
Something is going on with this coin on the technical side. There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND. It looks like it is really close to making a move to the upside. Somewhere around .8 Then it will likely hit some resistance there, but has a lot of potential to keep building support and climbing....
Relief pump to $60K++ (before CPI Reports on Aug 14), may continue until next FOMC in SEPTEMBERRRRR BTC Is in the consolidation zone for 5-6 months!!!! maybe next FOMC will be a BIG trigger for a breakout in the consolidation zone !!! one more.. this is not a regular sellof and very rare to have a structure like this weird ahh candle. huh.
The previous 50% long trade was stopped out almost immediately. I am awaiting the $52,000 - $44,000 zone to re ladder back in.
Liquidity Zones: Sellside Liquidity: Two key levels are identified: - Near-term sellside liquidity around the support zone (approximately $53,423.59). - Mid-level sellside liquidity marked above the current price. Gap Analysis: - CME Gap: Indicated within the blue shaded area, suggesting a potential drop to fill the gap left by CME futures. Current...
Bitcoin has rejected the 68 to 70K resistance area as I anticipated in my previous article. If you read it, you will recall that I explained the level of risk for longs at such a location was high for this time frame. What there was NO way to know was IF it were to sell off, how low would it go? Only the market can answer and that is what we can see NOW. Two major...
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
My opinion is that the alt season will be very powerful like in 2017. But it will be so sudden. That no one will understand at first what happened. Why do I think so? I believe that Bitcoin will not grow any more. But in order for there to be fomo on the market, it is necessary to make people buy and buy again. It is necessary for big money. There are more details...
CRYPTOCAP:BTC 1D chart; I mentioned earlier about the mismatch on the RSI side, my expectation was that it would rise around 4% from the level it saw before it started to decline, but it started its downward movement with the reaction it received from the falling trend line (red). If you remember, I left the rotation up to here (gray arrow) to be seen on the...
at 4H chart, BTS is going in correction face and as soon as reaches on the blue lines it can fall down and that'll be very sharp this time. lets see what happens. I was able to predict this upmove with my own created indicator and it helps in getting you bigger profit and small stop loss. Please check out my profile for more information about the indicator. Beauty...
AUDIO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets. The new increase volume updates start always with interest if there is a confirmation with follow, and if there is a building with hold for a time. 90% of coins this time are not building...
Based on the price base of $38 500, and the push to the first wave high, Mar2024 i base my findings on this simple theory that if price could do that from that level, as a runn up to BTC halving, and some of the EFT's only came online afetr that, towards the High's, then we are bound to see some hectic volumes, now that the WFT's have opened up this instrument to...
Good Evening and I hope you are well. tl;dr I said that below 62300, it’s over for the bulls and also that the down move will probably be faster than the up move. Both happened this week and we will make new lows over the next weeks. As I’m writing this we are at 57817 and falling like a rock. Will look for shorts only from here on and any pullback will...
The chart looks like a poop-pepe emoji meme. The image looks like a blob head or maybe I'm bored.
Hello Traders ! On the daily time frame, The Bitcoin price formed a double top pattern. Currently, The neckline is broken ! So, I expect a bearish move 📉 ______________ TARGET: 58450.00🎯
This wedge would appear to indicate another trip to 56ish territory for this month, and up again from there. Whether it will rise up (or down) out of the wedge before Thanksgiving is the question. Anyone have evidence either direction?
#bitcoin #btc price is heading to fill CME CRYPTOCAP:BTC futures gap at ~58K while weekly close is approaching. Oscillators will likely turn "Oversold" less than in a day and market may be dipped in around CME gap price. #Stock markets already turned oversold and local dips happened. Whilst a favorable aspect for financial markets is approaching: Sun will...