Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I'm publishing in advance because I have a schedule. I will explain the new 1W chart and 1D chart as soon as the schedule is over. -------------------------------------- Since I have updated...
My dear followers, This is my opinion on the BTCUSD next move: The asset is approaching an important pivot point 62803 Bias - Bearish Safe Stop Loss - 64158 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 60385 About Used Indicators: For more...
Bitcoin looking for more pushup Overall trend is long side My view also the same 1:2 RR Follow MONEY MANAGEMENT, RISK MANAGEMENT
We need to exercise caution as the price nears a cluster of significant resistance levels. Pressure could arise from the 65K region, which remains untested, as well as the higher zone around 68K-69K. It's important to note that, on a global scale, bitcoin is still within a descending channel. While the broader picture (D1-W1) shows potential for further growth,...
The coin is currently in a rally phase, but it's approaching key resistance zones that could slow down its momentum. The chart is starting to show signs of deceleration. Ahead are significant resistance levels that could potentially halt the rally. If the bears manage to keep the price below 0.00456, we might see a reversal and a downward move. However, if the...
Hello dear friends! Last week, Bitcoin ended and closed with a decrease. However, after observing the 4-hour chart, we can see that the current main trend of BTC is still in the ascending channel and the price is still above the 2 lines of 34.89, indicating the potential for continuation without any significant reversal. Therefore, the decrease of BTC may just be...
Hello Traders! Should You Buy or Sell Bitcoin? Overall, Bitcoin has been trending higher, after it broke above the parallel triangle, indicating significant potential for the Bulls in the near term. However, the price is now approaching the important resistance zone near $64,280, which is likely to result in a temporary correction. After that, from the...
BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...
Since its lows from 2023, Coinbase has followed a textbook EW count on the weekly log chart, and we think W5 is here to take it to new highs in the coming weeks. As long as 115 holds, the count is still valid and fresh highs will confirm we are on our way above 500.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Reacting and testing level identified. Bulls need to break this level (63380) and the pivot (65k) as a show of force. Here is my conservative take if an impulse completes. All hinges on 61779 and (1) pivot holding. Possible...
BTC 4H Possible fall and momentum scenario BTC is currently in a high selling pressure zone. Although it is currently in a bullish channel, the price can turn around at any time. I understand that an achievable target is 67K, an area where it would be best to take profits and wait to see what happens. It is better to be on the right side than on the wrong side....
Technical analysis of Bitcoin On bitcoin, I have said many times on webinars that when the Fed rate is cut, the priority will be up for an overhigh. Now on the daily chart, the price has made a segment overlap upwards and formed a buyers zone. The correction may go to 57k-60k and then up to test highs near 70k. I do not expect a major fall on the background of...
65K pushes to 67+K staying in the range. Then...can it go beyond??
BTC ~ 1D #BTC needs to break $64,500 to open the $68K+ gate. For now $61K - $60K retest is possible. The real bullishness will come when #Bitcoin can break $68K+ and consolidate there. and we can see a new TSX:ATH coming soon
The end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching. 1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped...
By The Cryptohoney Trader Kingdom Hello, fellow traders and crypto enthusiasts! Just like bees finding the sweetest nectar, I've been diligently monitoring Bitcoin's price movements and have identified some critical areas and targets that could guide our trading strategy in the upcoming weeks. This idea is a gift from me to our community, and it represents our...
Gartley Pattern: This updated chart seems to continue the earlier observed structure, resembling a Gartley pattern. The key points in the structure are: 1. X to A: The steep uptrend from February to the peak around April/May, marking the first major leg of the pattern. 2. A to B: A decline starting from May to around June, signifying the downward retracement...
Gartley Pattern Analysis: The structure on the chart resembles a bullish Gartley pattern, particularly the W-shape. A Gartley pattern generally starts with a sharp movement (X to A), followed by three price swings (A to B, B to C, C to D) which often retrace at specific Fibonacci levels. Here's how it lines up: 1. X to A: The first downward leg, where the price...