We are getting ready for a new payment system and the many possibilities for digital solutions both for P2P but also B2B. We want to believe that many will come at once in the form of countries that want to join. From 2 to X our guess is 57.
It seems crypto market cap has been in 170 days triangle consolidation phase with deviation
#Bitcoin peaked "yesterday" morning. So far today it is holding the RED Mov Avg, arrow. We see 3 bullish moving avg crossovers shown by the circles. Volume has been mostly selling, but holding well. Interesting to say the least. CRYPTOCAP:BTC RSI is a tad weak, which is concerning.
Market Context: OM has remained extremely bullish over the last month, with prices continuing to push higher. In case of any bearish news this week, potential buying opportunities are identified. Trade Parameters: Entry: Buy in the range of $0.93 to $1, ideally finding acceptance in the golden zone above the 0.618 Fibonacci level. Take Profit: First target:...
These types of rotations and range trades offer investors fantastic opportunities if these relationships continue. We have seen this for Bitcoin and it's ratio's to stocks/metals & altcoins is not a one way trade as it ONCE used to be. 2009 - 2017 was the golden #crypto era when gains were the easiest to acquire. However the low hanging fruit has been...
Trade setup : Price got oversold (RSI ~ 30) near $56.5K support and bounced back up. It broke back above 200-day MA (~$58.7K) and above $60K key level, which signaled resumption of uptrend, and is now approaching our near-term target of $72K. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $72K to signal...
Hi folks today I'm prepared for you BTCUSDT analytics. If we look at the chart we can see how the price a few moments ago reached support 1, which coincided with support zone and at once rebounded and quickly dropped to support 2. Then the price broke this level and fell to the trend line, after which turned around and started to grow inside the upward channel....
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to falling channel, where it at once broke $69500 level and continued to fall. In a short time later, price reached $59000 level and then bounced up to resistance line of channel. After this, BTC turned around and fell to support line...
Technical Analysis of Harmony (ONE/USDT) The chart shows the 4-hour timeframe for Harmony (ONE/USDT) with various technical patterns and indicators highlighted: Head and Shoulders Pattern: A clear Inverse Head and Shoulders pattern is identified, with the left shoulder, head, and right shoulder marked. This pattern generally indicates a potential reversal...
Upward return movements can be considered substructure. A range is forming for BTC, we are near the premium of this range. We can consider the purpose of this substructure to sweep the liquidity pools on the top of the chart (which we specified with $$$). We can expect a drop to the specified levels by sweeping one or both liquidity pools above the...
BINANCE:ETHUSD in the correction phase, testing zones of interest (0.5 fibo and MA-200), forming a false breakdown, which in general can lead to a strong upward movement supported by strong fundamentals. Fundamentally, ETH is quite positive. ETH-ETFs were launched on July 23 and continue to gain momentum. The correction, which has been observed for the last...
Trump inspires crypto market at Bitcoin 2024. He stated that if he enters office, it will remove Gary Gensler from SEC leadership as soon as possible. And the US government will not sell BTC holdings, whether currently held or potential future purchases, as a special way for strategic reserve. The market was attracted by his promise and BTC began to rise away from...
LONG is great to be in currently at the moment. My Entry is around 66.5 and 67k, and I am looking to hold this trade till we double the price.
Cult Dao confirmed buy signal on the stoch RSI weekly last night , longing this signal last few years as resulted in fairly large moves , we did get a false signal July 2023 but high chance we have another run at the moment. What is interesting is that alot of charts putting in the same lower higher structure.
Analysing BTC from Top Down and building a narrative including a short idea for tuesdays trading.
#BTC #Bitcoin #Update #Setup 14 #Eddy I had to give an update because many people still don't understand that this is a selling area and not a buying area. According to the chart of gold, dollar and Dominance Tether, and from Vaykov's point of view, supply and demand, and even ICT, this area and the entry point of 70,000 is suitable for a short...
Market Context: BNB started the week above the weekly pivot, with an inside pivot pattern that often leads to explosive moves. The trade focuses on entering near the pivot at a support zone, with a strategy to move the stop loss to break even if the price moves 2-4% from entry to prevent losses from manipulation. Trade Parameters: Entry: Enter a trade between...
Bitcoin (BTC) Short Update Bitcoin has been trading within a rising channel, bouncing off key support levels and moving towards potential resistance zones. As of the latest update, BTC/USDT is trading around $69,226. The key support levels to watch are at $68,162 (immediate support) and the 100-day moving average is around $65,000. The major resistance levels...