In the previous article, we reiterated our belief that Bitcoin is headed lower. Today, we still hold this opinion and expect Bitcoin to drift to the area around $24,000 in the short/medium term (though beyond that, we still stick to the main scenario we have been warning about for the entire bear market rally, which is Bitcoin revisiting its last year’s lows). To...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) I think it is meaningless to continuously predict direction while looking at a chart with little movement. (1D chart) However, since it is currently unable to escape the...
💬 Description: The currency pair continues to be in a confident bearish trend, and there are no hints of a reversal yet. The Fed meeting last week played a significant role here, as a result of which the USD strengthened against all its competitors. This trend is likely to continue until the price reaches the daily support level of 1.05194 . At this level,...
Greetings, Skyrex Community! In our previous discussion, we briefly alluded to the emergence of a bullish reversal bar in the price, accompanied by an initiation of momentum reversal. Today, it appears that the price surge may already be in progress. Our objective is to gain insight into the potential price structure. An analysis using Elliott Wave theory...
i just found this bar pattern and let's see if repeats again.....
Cheaper price to buy BITCOIN. You can still have the opportunity to buy bitcoin at the price of $20,000. The EMA 200 line has crossed up, there is a back point to test the EMA200.
The above chart shows "Ichimoku Clouds". And at the very beginning I would like to point out that the gray path marked by price candles is only a theoretical path that the price could take, and the truth is that only when several conditions are met, indications for increases may appear. And these are the premises we will deal with in today's analysis. Let's start...
💬 Description: The local bearish trend in metals also remains in force for now, especially in Gold. The current location of the price at the level of 1930 will most likely repel buyers from entering the market since resistance is located here. As you can see in the chart, this area is interesting to the market, and accordingly, liquidity is located here....
💬Description: Metals, as well as currencies, remain under pressure from the US dollar, although a slight recovery is expected today, and you should be careful with it, since the USD has every reason to start growing again in the afternoon. The downside goal for Gold, indicated in the previous trading idea at 1895.595 , remains unchanged. Before this, we are...
GLMR UPDATE: GLMR looking strong and I’m expecting more higher price but we need to retest 0.2084 before we can see higher price to daily bearish OB at 0.3950 and if GLMR decided to do a run up from here… I will advice you take a short from 0.3950 or long from 0.2084… Manage your risk ⚠️
In this video, we observe that Bitcoin has exhibited a bearish sentiment in recent times, as evidenced by the formation of lower lows and lower highs on the 4-hour chart. Presently, BTC is undergoing a retracement, approaching levels of previous resistance. Within the video, we delve into a prospective trading opportunity, taking into account essential factors...
The Second People's Intermediate Court of Shanghai has officially recognized Bitcoin as a unique digital asset that cannot be replicated, characterized by its scarcity and intrinsic value. On September 25th, the court issued a discussion report on the development of internet technology. The report highlights that, with the advancement of internet technology,...
Logarithm. The time frame is 1 month. The main bitcoin trend (almost all of it). Idea for understanding cyclicality, and secondary trend capitulation zones. Also, for understanding where the price is in a long-term trend. The idea shows surrender zones in secondary trends. The timing of bitcoin's halvings and the trend reaction in the aftermath. Cyclicality....
In this video we show how bitcoin follows the EURUSD price. We argue that DXY (the dollar index) is composed majoritarily (53%) by EURUSD prices. Thus, as EURUSD goes up, down goes DXY, and likely everything that is priced in USD goes up as well. Based on that, we state where and why we expect the bitcoin price to go in the next 2 weeks. We would gladly expand on...
If you see my profile you will notice that it predicts Pepe's previous floor quite accurately and now I think I am right again, see how the downward trend has been making a megaphone since July 14, I think that after hitting the floor The trend would be upward and the next tarjet could be the daily ma of 100.
BINANCE:KNCUSDT stops its decline in late 2022 at 0.495-0.500, thus forming a bottom. The market holds this area quite confidently. And at some point, on the background of weak BINANCE:BTCUSD , KNC forms a resistance breakout, which could be the first bell On the chart we can compare the behavior of the last few days of BTC and KNC. The second one feels...
Here is the price action for DOCU as demanded by a lot of people. Make sure not to long here.
Cloudy, slightly bearish skies ☁️ linger over Bitcoin and a great part of the global crypto market in the next 24 hours. A couple of altcoins, like Cardano, Chainlink, and Uniswap may benefit from sunnier, slightly bullish trading conditions, ATTMO's forecasts show. ☀️ Over a one-week horizon, trading conditions become mixed with sunshine returning to parts of...