Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ At the moment, the price of Bitcoin has clearly hit the support level. Perhaps this level will be the key for a rebound to $28,500, or it is possible that CZ just won’t let go and the pressure will continue lower. Technical: on the 3D...
Hello, dear friends! Most of traders now excited why Bitcoin is dumping and to be honest we also have this concern, but at the current moment of time everything is not so ugly as it seems. Looking at the 4h BTCUSDT price chart we can see that wave B is about to be finished. Wave A was impulsive, that's why we expect the same behavior from wave C. Correction...
Preferred direction: SELL Comment: There are some uncertainties regarding gold, but the overall market sentiment is still short. The strengthening of the US dollar continues, and against this background the metal may still decline in price. At the moment, a fall below 1912 is not being considered. It should also be noted that if the buyer’s strength manifests...
Preferred direction: Neutral Comment: Friday's franc idea is working out perfectly. We continue to be in long-deal, but part of the profit should already be fixed and moved to breakeven. The price will most likely rise to the planned level of 0.91475, but it is unlikely today. The ADR of the instrument is almost completed and today during the American session...
Previous week was marked with the FOMC meeting and its decision to hold interest rates at current levels until the next FOMC meeting. Projections and rhetoric from the Fed was not welcomed by markets, hence, while equities and Treasuries were losing in value, the US dollar was gaining. Bitcoin had a relatively good first part of the week, when price reached the...
Preferred direction: SELL Comment: Friday's targets remain in effect, thus a further fall to 1.06147 is expected. At this level, there are volumes of buyers that will be closed when local minimums are updated. Therefore, we can assume a downward impulse after achieving today's target. In this case, the second target will be located near the level of 1.05700. ...
Bitcoin (BTCUSD) failed again to break above the 1W MA200 (orange trend-line), closing instead the 1W candle in red and is pulling back. Today's study is on the 1W time-frame and compares BTC's price action through the whole year to the U.S. Dollar's (DXY). You would expect a correlation between the two but as you can see on these charts, it has gotten...
Last weeks high: $27490.1 Last weeks low: $26897.7 Midpoint: $26305.4 Despite several big news events relating to the FED funds rate, CPI & PPI, we saw a much tighter range last week than the week previously. We're already trading lower than last weeks low and confirmed as resistance with a bearish retest. It is interesting that the news events that used to...
CRYPTOCAP:BTC #BTC Broke $26,333 support, moving towards $25,806 support, RSI on 4H oversold, no sign of reversal yet, expect struggle at $26,333-$26,650 area. Previous 4h close looks good - bears were resisted, volume going dry on current 4H, could test $26,333
This is my weekly analysis for SPY. Spy has started to make LH LL on weekly and Daily. So trend is changing. If you have any doubts let me know. NOTE: DO NOT GO LONG
✅Bitcoin crashed, as I expected in previous posts. 💡Bitcoin seems to have formed the classic Ascending Broadening Wedge pattern. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing its five downtrend waves. 🔔I expect Bitcoin to complete wave 4 near one of the 32.8% and 50% Fibonacci levels and near the downtrend line and then move...
BINANCE:BTCUSDT MIL:BTC 's next plan will be bold. On 6h timeframe, it currently broke out the trendline. Bearish from here? It might retest its lower support zone at 25700 and 24k8. Follow me for more chart analysis. Patience is the key to success. DYOR
As you may have noticed, BTC has been demonstrating a remarkable consolidation pattern, maintaining a steady value of around $26,000. This prolonged consolidation phase suggests a potential stabilization in the market, indicating a temporary equilibrium between buyers and sellers. Such periods can often serve as an opportune time for traders to reassess their...
BITCOIN / USD OUTLOOK If you knew that this was to play out, would you sell or would you buy or would you hold?
Hello Traders! :) In this week's analysis, we witnessed an intriguing battle at the weekly EMA level for BTC. Unfortunately, this level held firm, and we are currently seeing accumulation around the lower boundary of the weekly Market Profile. At this level, we can observe the development of the weekly Market Profile's point of control, signifying a significant...
A clear shoulder head and shoulder pattern aims slightly dump. NOT FINANCIAL ADVICE.
The price of Bitcoin will be 120,000–130,000 USD in Q2 2025, according to my technical analysis! There is a strong confluence to sell Bitcoin here, and a lot of people will do it, so make sure you take profit in the next bull run. First of all, this is an analysis of the weekly chart on a linear scale, not a log scale. If we take the Fibonacci extension from...
In this part of the chart in the 4-hour time frame, we see one of the most powerful ICT concepts called PO3. POWER OF THREE consists of three parts: Consolidation In this section, we see the price range, which causes the formation of liquidity at the top and bottom of this range Manipulation In this section, we see a fake but strong move out of the...