Bitcoin is following retesting the support level. We are very close for a pump and a long with the positive news with the Ethereum ETF approval and institutions coming in the game, the pump is very close.
Market Context: LINK has retraced down to the next area of support, providing a potential entry point for a long spot trade. Trade Parameters: Entry: Ladder into a long spot trade in the $13.00 - $13.50 area of support. Take Profit: First target: $14.50 - $15.30 Second target: $16.25 - $17.00 Stop Loss: Set just below $12.30 📊 Monitor the price action closely...
Market Context: FTM has retraced down to the next area of support, presenting an opportunity to enter a long trade. The price might consolidate in this support area over the next couple of days. Trade Parameters: Entry: Ladder into a long trade in the $0.45 - $0.49 area of support. Take Profit: First target: $0.60 - $0.65 Second target: $0.73 - $0.80 Stop Loss:...
Market Context: Earlier in the week, CRYPTOCAP:BTC faced rejection at around $68,000 and has started to correct. The price is currently trading at $66,000. Expected Market Movement: Further Pullback: We anticipate a further pullback over the next few days to test the strong support area around $63,000. Support Levels: The $63,000 level coincides with the Daily...
BTC did a great increase from the bottom trend to around 65K as we also made an update about it from the bottom. 57K is the activation trend. BTC should hold the 62K for a healthy trend. if the trends get confirmed we could see soon 67-68K New updates will come by this chart link.
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Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! WHAT IS HASH RIBBON? The Hash Ribbon is a technical analysis tool used in Bitcoin trading. It's based on the idea that Bitcoin's price often bottoms out when miners capitulate, meaning they can no longer profitably mine Bitcoin due to increased difficulty and...
#bitcoin #btc price seeks to reclaim the channel and now reached the resistance zone. Declination from the red box or channel bottom resistance will likely lead #btcusd to meet new lows. Reclaiming the ascending channel will be temporary bullish. Not financial advice.
BTC moving inside a broadening descending wedge on the 4H chart. This shape has a bullish outcome more often than not. Price action has touched major support twice. BTC Price is back above the 50 SMA which is a good sign. Keep an eye on this structure. NFA Do your own DD
Bitcoin (BTC/USD) is currently reacting off the pivot which acts as an overlap support and could rise to the pullback resistance. Pivot: 65,748.52 1st Support: 63,514.38 1st Resistance: 68,348.46 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
I had the thought that #BTC has been moving like a slow old dinosaur stock trying to break all time highs so I pulled up a comparison with NYSE:KO The NYSE:KO weekly chart when it broke to new all time highs this year is identical to the #BTC daily chart The exact same price action occurred over a completely different timeline ✅ Initial strong breakout to...
Turns out after analyzing the chart again, I wasn't bearish enough on BTC. In my last idea , I thought we would move down to $57k, while I still think that's likely, I wasn't bearish enough because I think the risk is actually to GETTEX:48K -52k (which I don't think anyone is expecting, especially here). Everyone calling for $72k to break which creates a short...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- I'm back from vacation a little early and leaving some ideas. --------------------------------------- (USDT chart) USDT seems to be maintaining an uptrend. It seems to have created a long tail...
Good Evening and I hope you are well. comment: Bulls are in full control, despite a red day. Market barely going down and still 3000 points above the daily 20ema. Expecting another retest of the highs or higher highs over the next days. current market cycle: trading range key levels: 53000 - 72000 bull case: Bulls want another bull gap to stay open,...
Are the bulls back? With price rising by 89% in just 5 days. Let's now analyse the present retracement and our next Trade. Bullish Run: During our previous bullish run, we witnessed high volume entering the market, which resulted in an 89% price increase in just 5 days. Price Retracement: At this point, the price has retraced 34%, putting us in a fantastic...
Bitcoin dominance has started to decline rapidly. Even Litecoin has awakened against Bitcoin. First plan:
For Bitcoin, a similar correction formation could result in a ±10% move to the $60,000 range, targeting the 50% Fibonacci level. In the general group, I mentioned a possible correction for Bitcoin to around $60,000 and Ethereum to $2,800-$3,000. I have decided to temporarily exit my positions. If the correction occurs, we will look for entry points at lower...
Good evening lads, I've been working on this chart for a little while, and as much as I believe it's not done yet, I wanted to share it with you guys. Maybe you can spot something that I haven't yet and it'll allow me to adjust it. I believe this next move up will impress a lot of people, and we might see a 5t alts market within the next year. Fingers crossed...