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...
BINANCE:ETHUSDT is ending the sell-off phase. Buyers have held a strong support area, forming an intermediate bottom. The liquidity capture led to a rebound, which can move into the phase of the uptrend continuation. Fundamentally, the main focus is on ETH-ETFs. Earlier traders were positive about the initial rumors of approval, now the important milestone is...
Pretty much explained on the chart. There is a potential huge Eliott Wave flat pattern.
Entry: $0.76 TP1: $1.10 TP2: $1.43 TP3: $1.70 TP4: $2.00 Stop Loss: Daily close below $0.60
When you use longer time frames, more patience is required for the play. We've seen since Early 2022, the price started forming a Rounding Bottom. It completed on 7 March 2024. Then was the consolidation period where traders are freaking out and calling it the next Crypto winter. But in the bigger scheme of things it's just where demand and supply is...
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds my short term view remains bullish here.
With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively. In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as...
The Open Network (TON) is designed as a distributed supercomputer, or “superserver,” intended to provide a variety of products and services to contribute to the development of the decentralized vision for the new internet. A decentralized and open internet, created by the community using a technology designed by Telegram. With an increasing TVL and a growing...
The rise from the excellent CPI lasted for 10 days, and Biden’s quit from the next presidential election continues the bull trend. The pricing for CPI has ended. The market has once again entered a macro cooling period. We don’t think PCE on Friday will change anything. The next important macro event will be the FOMC release at the end of the July. Although it is...
BTC already look bullish again after deep correction from previous pump and now we should be expecting an healthy correction to the bullish OB below on 4hrs TF Follow for more update and trade setup
BTCUSD is in an uptrend but rejected on the 4H TF resistance area, currently testing 1H TF, if this breaks and sustains below a support area, I am looking for a bearish trend and trades. Also, RSI is showing a bearish move. 200 EMA(blue) is also very far from the price, and the price might come to it for retest. NOTE : not finance advice
Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this BTC quick update. BTC is forming an ascending channel in 1hr and trading near the support trendline. We can expect another bounce soon if it holds this support trendline and green support box. Invalidation of the bullish scenario is if it breaks...
In my recent BTC post, I mentioned that the break below $60,000 is most likely a false one. This proved to be correct, and the price has returned towards the important $70,000 zone. At this moment, BTC could enter a correction phase from the recent upward movement. This correction should be seen as a buying opportunity, potentially leading to a new all-time...
Follow up to yesterday's post looking for a change of character (CHOCH) on the shorter timescales, having seen one on the Daily TF.
Markets surge off rate cut comments before CPI hits 2% Nat Gass bouncing hard. Yields quietly moving higher. Bitcoin not participating with risk assets today. Google earnings on watch / Cloud stocks
3 STRONG REASONS !! Strong EV Market Position: Tesla’s electric vehicles (EVs) remain popular, with the Model Y and Model 3 ranking among the top-selling vehicles in the U.S. in 2023. Even as legacy automakers enter the market, Tesla’s success suggests continued consumer preference for its vehicles. Cybertruck: Tesla’s long-awaited Cybertruck could be a...
This is not the first time we associate Bitcoin (BTCUSD) with our unique Global Liquidity (GL) metric (orange trend-line) and it will certainly not be the last. We are just making a highly critical update as GL is rebounding after April's Higher Low. At the same time, BTC is testing for the 5th month its ATH trend-line (has technically broken it, so we can't be...
Bitcoin has formed a promising cup and handle pattern on the weekly chart. Currently, the price is trading within the handle and appears poised for a breakout. A confirmed breakout from the handle could propel Bitcoin's price above $100K. The handle formed during the correction period following the Bitcoin halving, which was anticipated. Fundamentally, a bull run...