Happy July 4th everyone! A little break from the traditional stock markets but not for crypto. Bitcoin (BTCUSD) in particular, just hit and broke below its 1D MA200 (orange trend-line) for the first time in almost 9 months (October 16 2023)! Naturally this is a very strong long-term Support level and it is even more obvious on this 1D chart, where BTC's current...
BTC is making inverse Head and Shoulder Pattern. if it plays we can see some bullish movement here
BTC is making inverse Head and Shoulder Pattern. if it plays we can see some bullish movement here
Matics long term structure is really strong and I am confident we have hit the low on this correction. The shorter timeframes are suggesting a possible partial decline of the latest range just below the historical resistance at 75c. There is also the three valleys patter that has developed and confirmed. Here you typically wait for a break and confirmation of...
Morning guys, So, our bearish entry with DiNapoli B&B "Sell" last time has worked perfect. And, as we've suspected, this trade has not stopped at just minimal target but has become the starting point of new big swing down. Obviously H&S on daily chart is failing, and it means that we will get drop under 55K. Next strong support stands around 50-52K area -...
CRYPTOCAP:BTC #BTC $58,290 support in effect, next key support at $56,557 which was last tested on May 01, RSI on 4H in oversold region, approaching oversold region on 1D time-frame too. Second follow up today on bearish engulfing from Tuesday, must hold $56,557 support area to avoid $55,393 support test. $59,788 initial resistance from here, then $60,629-$61,674.
CRYPTOCAP:BTC price in ascending triangle pattern! Current Price: $65100 Major resistance around $71,500 More precisely between 71500 - 73000 From my previous post $bitcoin lost a major support around 67000 and found support around 64300. Support around 64300 has not broken the angled support of the ascending triangle. It is important that bitcoin does not...
Assuming price will go back and fill the FVG (entry point) before hitting the upside target. If the upside target gets hit, trade is invalid. For reference I highly suggest having a look at my shared Bitcoin Outlook Videos.
Is your coin 50%, 70% down? Are you crying? Are you panic selling now? Remember the last bull run (2020-21)? Whatever is happening in the market now, it happens during every bull run! So these are normal in the crypto market. Let me share an example of the last bull run 👇 During the last bull run (2020-21), #ETH price dumped around -70%, just before...
👉🔍 In this analysis of BTC Bitcoin, we examine higher time frame charts that show a bearish trend with a retracement into resistance. I anticipate a possible retrace given that the market is overextended and trading into support. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to confirm a...
Bitcoin is moving in the Resistance zone($63,450_$62,100) and close to the 21_SMA(Weekly) . According to the Elliott wave theory , Bitcoin seems to be completing wave 4 . (The Maximum of wave 4 can be up to $65,080 , and the Potential Reversal Zone(PRZ) can continue.) Before the better result, let's take a look at Market Cap BTC Dominance% (BTC.D%) ...
Bitcoin started to fall for the umpteenth time with the news that the Mt.Gox exchange would return Bitcoins to the losers , as if the Mt. Gox exchange would start refunding BINANCE:BTCUSDT and BINANCE:BCHUSDT from the beginning of July 2024 (almost 6 more days). After a few months, the Fear and Greed index entered the " Fear " range again. But I think it...
Technical Analysis of Harmony ONE/USDT Chart Patterns: Falling Wedge: There is a prominent falling wedge pattern indicating a potential reversal. The price is nearing the apex of the wedge, suggesting an impending breakout. Rectangle and Triangle: Within the larger pattern, there are smaller formations like a rectangle and a triangle that hint at periods of...
Technical Analysis for Bitcoin (BTC/USDT) Overview: The chart indicates that Bitcoin (BTC/USDT) has formed a falling wedge pattern, which is typically a bullish reversal pattern. The price has recently hit a second bottom within the wedge and is showing signs of a potential breakout. Key Levels: Support Levels: Immediate support around $58,000. Stronger...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. The daily candle is still at the support level of $58.300k, which is a positive sign for Bitcoin price...
BTC still showing a good possibility for a return to 65K in the coming time. The 59K can become an important start recovery zone, where BTC will soon see new volume BTC has seen last days a breakdown, until now the bull market is still not closed depending on our TA view.
Since the breakdown of BTC more coins are into a downtrend MASA seems to be able to make a high chance for an increase in the coming time frames. We will see if MASA can make new trend confirmations and break. $0,09 can become the first 15% first target
Bitcoin Analysis There are 3 support levels 1. $60k 2. $58400 3. $56500 These are very crucial and important support levels for #BTC From these levels we can see a reversal Only very bad news can break these levels