if we lost some marketcap on btc we can see btc price on 51000$ so this level is important
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been overall bullish, trading above the rising trendline marked in red. Currently, BTC is undergoing a correction phase and approaching the trendline. Moreover, it is retesting a strong support zone marked in blue. 🏹 Thus, the highlighted blue circle is a strong...
Five weeks ago I made my first analysis on this pattern where I argued that the dotted purple support was my ideal target for an inverse H&S reversal pattern. Once we were there it was a moment of truth for the bulls. My initial trade had a stop that was too tight. Nevertheless the overall idea was a success since we've now successfully reversed from my purple...
Fetch.ai soon to be ASI (Artificial super intelligence) after the merger with Singularity (AGIX) and Ocean protocol (OCEAN) has been a victim of the recent altcoin market drawdown. As on of the leading projects in the AI space, FET surged to a high of $3.47, since then price has been retracing back down the range created by the rally previously. BEARISH: Now...
👉🔍 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 sell opportunity given that the market is overextended and trading into resistance. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to...
Morning everybody, So, upside AB-CD bounce is done accurately. Now, as we said - those who would like to sell and try to make a bet on daily H&S failure has got nice setup. It calls as DiNapoli B&B "Sell" pattern. Upside AB-CD target is completed accurately at K-resistance area. Also you could recognize here minor upside butterfly, that also is done. Minimum...
Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this quick BTC update. Bitcoin (BTC) is currently trading in a pattern resembling a falling wedge in the 6-hour timeframe. This pattern can indicate a potential breakout in either direction, so further confirmation is needed. Here's what we're...
Price is currently reacting off the pivot has acts as a pullback resistance and could potentially fall to the pullback support. Pivot: 63,597.3 1st Support: 62,135.03 1st Resistance: 64,764.8 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 may...
weekly hammer appeared at $60K support. next key area is $65,000. BTC weekly need to closed above $65,000 for a valid reversal. DYODD.
Hey guys, yearly chart: bullish setup with targets around 435 and 577. (recent ATHs on closing base and by wick ) Quarterly: After a strong Q1 gain we see a trading back below 435 printing an inside bar... : bearish setup at a strong resistance level. Range of this quarter will be monitored closely on the 3D chart. Monthly: 4 Months of weakness - with the last...
In 12H time, it is moving in an ascending channel, which has had three reactions to the dynamic trigger or the bottom of the channel so far. 💎 Therefore, this trigger or ascending channel can be considered valid. However, it has had two negative reactions at the ceiling of the channel in the resistance range, which has not been able to stabilize above this...
Within Few Hours there is weekly as well as monthly closing of btc Staying and holding above $60k will lead to upside Breakdown will cause the disaster Wait for the closing ✌️
According to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range. 💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel. ...
Good Evening and I hope you are well. bitcoin Quote from last week: comment: Guess what. Anyone looking at this chart who tells you to buy for anything higher than 66000 is a permabull in denial. The last time a daily bull bar closed above its midpoint was almost 3 weeks ago. The bull trend line from 2024-02 is clearly broken. Market touched the weekly...
Bitcoin has confirmed a double bottom within the 60K major support area. The scenario that I outlined in my previous analysis is STILL in play (see illustration on chart). An inside bar is also present on this time frame along with a break of the high of that candle. As a result of all of this, a new buy signal is in effect which can result in a test of the 64K...
Hello dear traders. Good day . First of all thanks for your comment and support. ----------------------------------------------------------------- As you can see bitcoin dominance on weekly Gann Square reach to the reversal time zone and stops at Gann Square Fan line. We expected to decline and support in next Gann Arc resistance. Altcoin season will be higher...
If you haven't sold at the peak of BTC or entered during the Nuying opportunity: Then you need to know that Bitcoin is currently exhibiting a bullish pennant pattern, a technical formation typically characterized by a period of consolidation following a strong upward movement, represented by a symmetrical triangle with converging trendlines. This pattern...
SOLANA has been trading inside this pennant for nearly 4 months at this point. Since the pennant is being formed at the end of a strong bullish trend, I'm treating this as a bull-flag pattern. My anticipation is that SOL (and many other tokens) are currently preparing for their next leg up. See signal on the chart.