CRYPTOCAP:BTC price formed megaphone channel in LTF. Now #btc price testing the bottom of the channel. IF #btcusd breaks this support, then the next support zone may be the red box on the chart, where CME #bitcoin futures gap is avaible for filling.
BTC Monthly Analysis: Price is respecting a long-term trendline support Ascending Parallel Channel formation can be observed Price is consolidating at horizontal resistance zone Bulls power is required to break the resistance zone Watch Weekly, Daily, Hourly analysis for details.
BTC Weekly Analysis: Price is moving beautifully in chart patterns. Cup and Handle formation is evident, Breakout of Handle will take the price high. Bullish Flag Pattern ABCD Pattern Target Price for long-term are specified. Watch Hourly, Daily and Monthly Charts for details.
BTC Daily Analysis: Price is moving in within descending parallel channel for 155days now Price is rejected from Channel top (resistance) and moving in short-term downtrend (acting as support). It is also confluencing with 61.8% fib level (Golden Ratio) It has also reached a long-term trendline support which is respected historically (except a recent fake break...
BTC Hourly Analysis: Price is respecting a horizontal support (63,500) This is also 61.8%fib level (Golden Pocket) Bullish Divergence is also observed at the support zone Price recently has broken a trendline support. A short term bullish setup is expected.
Classical charting principles has worked wonderful on the BTC/Gold ratio chart. Currently at 26.x, a decline to as low as 16.x could occur without disrupting a bullish interpretation of the chart.
OKX:BTCUSDT we have a massive cup and handle on a weekly chart, the break out of 71k we could take us at price target around 120/130k, we can also see 50k before the bull start to push.
Dear Traders, today I want to provide you with a trading analysis of Bitcoin's recent decline from $70,000 to $66,000, we will utilize several technical analysis tools, including Fibonacci retracement levels, Bollinger Bands, Ichimoku Cloud, Exponential Moving Averages (EMAs), and other moving averages. This analysis will explore key price movements, support and...
Morning folks, So, retracement that we've discussed on Mon is started, although we thought it will be from 71K area. But M. East escalation has triggered sell-off in risky assets, and even J. Powell comments was not able to support the market. Now, although our 3-Drive pattern still seems theoretical possible, chances stand in favor our 2nd pattern - H&S. So,...
#UTK The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 0.04300 We have a trend to stabilize above...
The price had rallied well from the low it has made in the beginning of july 2024. But the weekly resistance WR1 stopped that rally again and the price has pulled back since then. This retracement has now reached a confluence of dailys support DS1 and weekly support WS1. There is a chance that the price reverses from here but the possibility of dipping it further...
Bitcoin 4-Hour Chart Update Current Price: $64,026.02 (as per the chart) Resistance Levels: $65,718.00, $73,449.96, and $74,000.00 Support Zone: Around $62,000.00, highlighted in the brown box The chart shows a decline, reaching the support zone around $62,000.00. The green arrow suggests a possible bullish reversal from the support zone, targeting higher...
Bitcoin (BTC/USD) is falling towards the pivot, which has been identified as an overlap support and could reverse to the 1st resistance which is a pullback resistance. Pivot: 63,359.63 1st Support: 61,477.03 1st Resistance: 65,878.60 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
Last time this happened , XRP had a 10,000% Bull Run . Bitcoin dominance on the verge of collapse Bitcoin going down for correction while XRP is pumping RSI non confluent Volume on XRP increasing while BTC Volume is very Low Bitcoin MA's all crossed to downside 20,50,100,200 XRP MA's all crossed to upside 20,50,100,200 if you have been on this coin and...
12hr chart on both xrp/usd & xrp/btc Both charts , market is over 20,50,100,200 MA's Stoch RSI is bullish on both charts as you can see pointed out MACD MA's crossing over to upside on both charts as well . You see Bullish pennant formed on both charts . BINANCE:XRPBTC is trying to breakout but in order to do this price must close above 78.6FIB. XRP needs a...
This is just a fun prediction for Bitcoin in the coming days and weeks. I don't trade predictions, I only trade anticipations. So, we have a trendline that is likely to break, but not before a small fakeout and retracement into an inefficiency before continuing lower into a 3D Bullish Breaker, in which will be the catalyst to send price to ATH. I'm fairly...
#BTC:USD @999min | HMA THEORY 9 S/R Gateways Current Resistance: Cirilla Verified Resistance: Reddington Sub-Support / Break of Structure: Bear Customs & Turf Major Support: Rhoades / Wendy / Axelrod Wyckoff: $39- FWB:42K channel The dip will be a great long opportunity. #Momentum is key.