hey traders its not about uptrend or downtrend its about key lvls with time cycle The horizontal lines will b confirmation for time cycle , after each season there will b a new trend in this market Red lines = Long-term scneario Yellow Lines = Mid-term scenario Blue Lines = Short-term scenario what u think ? share ur chart and leave a comment
I believe we will see a bullish continuation for Bitcoin in the coming fall of 2024. This prediction is supported by several key factors, including the anticipated rate cuts by central banks and an overall positive market sentiment. Historically, rate cuts have led to increased liquidity in the market, which often boosts the prices of risk assets like Bitcoin....
Binance coin Buy setup. We see triangle pattern on this chart, Bullish breakout is still active. 608 level is the target of this pattern. Risk reward 1:1.6
The chart provided shows a 4-hour Bitcoin (BTC) price analysis with USDT as the quoted currency for Binance. Let's break down the technical analysis: Trend and Pattern Analysis 1. Descending Wedge Breakout: - The price was previously in a descending wedge pattern, marked by converging trendlines. - The breakout from this wedge occurred around July...
BINANCE:BBUSDT does not fall after the false breakdown, but goes into the phase of consolidation. Buyers are resisting. Retest of the key resistance may lead to a breakout and rally. Fundamentally active recovery is connected with bitcoin rally. The flagship is pulling the cryptocurrency market with it. Technically, the situation is developing in a bullish...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago rebounded down and then started to grow inside the upward channel, where it soon reached the resistance line, but at once made a correction to the support line. After this movement, the price rebounded from the support line and quickly broke...
Bitcoin (BTC) Analysis Brief Update. The Bitcoin chart displays a recent uptrend with a breakout above the previous resistance area, represented by the yellow horizontal line. Around $70,000, as marked by the dashed orange line. The yellow-shaded area has been tested multiple times and is now a crucial support level. The 21-day moving average (yellow line)...
was to reach the inverse head & shoulder target :) Almost the same % when the #crypto market topped out last cycle. Will it? IDK! Should u wait to those low single digit numbers before u emabrk on profit taking? probably not. We shall keep an eye on this of course. Best of Luck
Hello, Skyrexians! Last month was bloody for the crypto market. BINANCE:BTCUSDT dumped from $70k to $63k, altcoins have completely dead and broke the belief for the altseason. We suppose that now nobody wants to hear anything about altseason and crypto. Most of traders has -50-60% portfolio loss and even cryptocurrency trading platforms which are using the...
see and watch :) After breaking the blue downward trend line as well as the $2.6 resistance range, it is completing a pullback towards the broken resistance and finally the movement continues...
See the big pump coming soon, buy this chart! Layer1/2 project, 100 million marketcap, will have only 8 million supply by April 2025. I recommend you to buy this coin immediately before the big rise in the bull market, which will be the first unlock when the bull market is already over. DYOR
not many are talking about the valid bull daily bull div that will confirm in a few hours. feels like this should run back up to range high at a minimum, but we think if we regain the pivot, then this should run up to r5, which is a little above $96k. y'all are likely panicking at the bottom.
Hello everyone, let's take a look at the BTC to USDT chart on a one-day time frame. As you can see, the price is moving above the local downtrend line. It is worth mentioning the downward trend channel in which we have been operating for a long time. You can currently see a slowdown in the growth in the first resistance zone, where the price is fighting to go...
After price has consolidated around the 200 EMA range price has bounced back from the 200 EMA. Also price has broken local resistance around 65K which was crucial to for the bullish trend to continue. Currently price is around 67K and heading towards the resistance which is around the previous ATH 73K (overall resistance zone is around 70-73K range) I'm...
Market Context: PENDLE has reclaimed the 200-day Simple Moving Average (SMA) on the daily chart, as well as the broken horizontal support, now back in the range. This indicates a potential bullish trend. Trade Parameters: Entry: Enter a trade around the $3.9 support level. Take Profit: First target: $4.5 Second target: $5.2 Third target: $5.8 Stop Loss: Set a...
Market Context: AAVE has demonstrated strength recently and is pulling back into a region of interest with multiple levels of confluence, including the 100-day and 50-day moving averages, a trend line, the 0.382 Fibonacci retracement, and the monthly pivot. This provides a solid support region. Trade Parameters: Entry: Ladder into the trade within the $93.8 to...
analysis TF = 4H MArket Direction: Down Trend after mitigation of 4H OB, i expect down movement as shown on the chart
BINANCE:BTCUSD is experiencing times of high fear and negative sentiment among the crowd. From a psychological point of view, this could end in a bullish momentum. But there is always a but! For now, big buyers are actively holding back a possible fall amid transfers of the previously hacked crypto exchange Mt.Gox to its debtors and BTC sell-offs by German...