January 27 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
This is a one-way neutral strategy.
Today, the potential for sideways movement is very high.
# As indicated above, there is a possibility of whipsaw
#Bitcoin pattern, Gap3 retracement is correct
# In the case of Nasdaq, it is upward trending
A total of three branching points.
Please pay attention to the sideways section of the orange resistance line / green support line.
*I focused on the upward arrow path.
1. Entry into long position at $22914 / stop loss when breaking the green support line
2. $23424.5 short position / stop loss when the red resistance line is broken
3. $22646.5 long position switching / stop loss when breaking the orange support line
The probability of success is very low as there are many diverging points.
In case of further decline or strategy failure,
At the bottom, the sky blue finger -> purple finger section is displayed, so please refer to it.
I hope you operate well according to real-time movement.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
Bingx
January 26 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way short position strategy.
To be precise, it is a short -> long switching strategy.
*In light blue finger movement path
1. $22972.5 short position / stop loss when orange resistance line is broken
2. $22,176 long position switching / stop loss when breaking the light blue support line
The long position target is $23154.5,
Because it is a rebound after Gap3 retracement
You may continue to take the long position trend again.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
Bitcoin bybit chart analysis January 25
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It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
arrow path
1. $22631.5 entry into long position / stop loss when completely breaking the green support line
$23010 -> $23283.5 long position target
Please pay attention to the Nasdaq movement and the Gap3 section at the bottom.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
January 25 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
arrow path
1. $22631.5 entry into long position / stop loss when completely breaking the green support line
$23010 -> $23283.5 long position target
Please pay attention to the Nasdaq movement and the Gap3 section at the bottom.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
January 20 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
This is a one-way long position strategy on the 30-minute chart.
*In arrow movement path
1. Entry into long position at $20872 / Stop loss when breaking the green support line / Target is $21730
according to Nasdaq
Bitcoin is also unable to catch the direction and continues to move sideways.
With the Nasdaq as the focus, I made a strategy to the degree of upward trend,
Long and short no positions, principle trading and stop loss are required for each position, so please operate safely.
Happy New Year's Day.
thank you.
✴️ Beyond Shibarium (75%, 144% & 213%)Here is how you can tell that Shiba Inu will do better than many other altcoins in this cycle.
Jan. 2023/Dec. 2022 vs June 2022... That's it, did you get it?
We have a higher low in Jan/Dec vs June '22 for SHIBUSDT.
If you look around other pairs, many hit a lower low in this same time window... Which means that the market had to look for liquidity before being able to push prices up.
This is not the case for Shiba Inu.
A higher low tells the contrary, the market couldn't push prices lower so it has to reverse because the support is too strong.
Liquidity can be found higher and so higher it goes.
Shiba Inu is now growing strong above MA200 with a super-bullish RSI...
We can aim up and up and up... It will be nice/fun to see how far up it can go.
My guess is shown on the chart.
Namaste.
January 19 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way short position strategy.
To be precise, it is a short -> long switching strategy.
Light blue finger movement path
1. $20729.5 short position entry section / stop loss when orange resistance line completely breaks through
2. Long position switching at 19808.5 USD / stop loss when breaking the light blue support line
The long position target is $20746.5.
My analysis is for reference only, please.
I hope you operate safely with principle trading / stop loss essential
thank you.
January 18 Bitcoin Bybit chart analysis
Hello
It's a Bitcoin guide.
I'm posting an analysis after a long time because of circumstances.
I prepared hard.
I hope this helps you when trading.
This is a one-way long position strategy on the Bitcoin 30-minute chart.
If you are not already entry
If you touch the red resistance line first, it would be nice to hold the stop loss and try the opposite trade.
Light blue finger movement path
*20639.5 long position entry section / stop loss when the purple support line completely breaks -> 21780 target
There is a Nasdaq index announcement at 10:30, so refer to it.
Within the red resistance/purple support line
Because of the high probability of
Waiting in the next position seems more advantageous than chasing.
Based on the maintenance of the purple support line, the job alt movement on the spot exchange will also look good.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
✴️ The Weekly Timeframe Reveals Shiba Inu's True PotentialWhile on the daily timeframe things can see over-extended, a clearer picture comes up when we zoom out and go long-term.
Shiba Inu (SHIBUSDT) just this week moved above EMA10... That's only the first barrier and candle closure is needed for confirmation, another day.
First and easy target is set at 30% potential or 0.00001315.
Going higher, 100% is possible at 0.00002122.
We are happy with 100% but there can be much more if one has the ability to wait.
Additional details on the chart.
Namaste.
January 12 Bitcoin Bybit chart analysis
hello
A guide to Bitcoin.
long time no see.
It is also planned to be reorganized in the future.
Today is an important CPI announcement day.
We will proceed with full disclosure.
Bitcoin 30 minute chart.
It is a light blue finger one-way long position strategy.
*17942 Long / Stop Loss when breaking the green support line / The final target is Good -> $19329.5.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
for #bnb we will be finding out!For Binance Coin, it must be said that what we are considering has not been formed yet!
But with a simple look at the #market situation and the conditions that occurred in the last few months, it is not possible to say whether #Binance #Coin will be an exception to this rule or not.
What you see below this chart are very important lines that have shown their validity in the price structure and the chart, and what can be said is that we cannot be certain about the possible path that may take place in the last few months. Kand commented, only the lines and ranges have been determined for further investigation.
Please note that our main idea about ##Bitcoin is still bearish and it seems that the market does not have enough value for investment in larger time frames.
January 6 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
In the first trading week of 2023, the market was still consolidated with extremely low volatility and trading volume. Bitcoin's volatility has hit record lows one after another, and a new round of changes is brewing. The probability of Bitcoin's upward turnup still exists, but it needs to wait patiently for market confidence to recover.
Today’s Cryptocurrency Headline
Shopify Supported All Merchants to Directly Sell and Mint NFT on Avalanche
According to Decrypt, the e-commerce giant Shopify announced that it has supported millions of online merchants on the platform to directly sell and mint NFT on the Avalanche chain without guiding customers to the NFT market such as OpenSea or Magic Eden. This function was developed in cooperation with Venly, a blockchain technology startup.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
January 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin has hit the resistance level of $17,000 twice in a row, and it still has not successfully broken through. At present, Bitcoin has risen and fallen back, but there is still the possibility of a rebound in the short term. If Bitcoin starts a rally, its sustainability will be crucial. This determines whether Bitcoin can break through the current narrow consolidation range to gain more upward momentum.
Today’s Cryptocurrency Headline
BlackRock Adds Bitcoin to Its Global Allocation Fund Portfolio
Asset management giant BlackRock has added bitcoin to the portfolio of its BlackRock Global Allocation Fund, Trustnode reported. BlackRock said in a filing that the fund may invest in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission. It was one of the first general funds to add bitcoin to its portfolio. It is reported that the BlackRock Global Allocation Fund invests in stocks, bonds and short-term securities of corporate and government issuers on a global scale, without prescribed restrictions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
January 4 BTCUSD BingX Chart Analysis and Today's HeadlineAfter failing to challenge $18,000 some time ago, the price of Bitcoin has never made a big breakthrough. The bitcoin price has entered a low volatility channel. The cryptocurrency market is already showing signs of malaise, both in the short and medium term. In the short term, $16,000 remains a key support level for Bitcoin and a critical point for market sentiment.
Today’s Cryptocurrency Headline
zkSync Launches New Plugin Supporting Smart Contract Verification
According to the official Twitter, the Ethereum Layer 2 expansion program zkSync announced the launch of a new plug-in that supports smart contract verification to improve the developer experience on zkSync 2.0. The hardhat-zkSync-verify plugin allows developers to verify smart contracts deployed on zkSync 2.0 from the terminal and programmatically. This plugin can be used for hardhat-etherscan, has a similar API and requires almost no code changes.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
✴️ Ethereum Classic Moves Past EMA50Ethereum Classic (ETCUSDT) managed to move above EMA50 to the upside.
This is the first time this happens since July 2022.
Now, can it stay above EMA50?
We have the long-term higher low and basically the exact same conditions as we did last year.
The prognostications look good.
We can't say if it will or will not stay above this level.
The technicals are bullish and we can expect additional growth but here is how really things work...
If ETCUSDT moves back below EMA50, the mid-term bullish bias is lost.
Staying above this level and the bulls remain in control.
We got the breakout... It is for the market to decide how things will turn.
We should see growth for 1-2 months... Hopefully!
Namaste.
Jan 3 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
blog.bingx.com
Bitcoin rebounded after stepping back on the support of $16,000, but whether a bottom structure has been formed still needs further confirmation. If BTC continues to rally above the $18,000 resistance this week, the market’s optimism will rise further. We also need to watch the $16,000 support level. If BTC falls below this position, it means that Bitcoin's rebound has come to an end and the market will bottom out again.
Today’s Cryptocurrency Headline
Turkey to Use Blockchain-Based Digital Identities for Online Public Services
Citizens will be able to use blockchain-based digital identities to access e-wallet applications, Turkish Vice President Fuat Oktay announced during the Digital Turkey 2023 event. Among them, E-Devlet, Turkey's digital government portal for accessing various public services, will use blockchain-based digital identities to verify Turkish citizenship during login.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
✴️ Ethereum Classic Part 2 | Can It Go Higher Than $45?Part 1 is the July/August 2022 bullish wave...
It is hard to believe but its been more than 4.5 months since the last high.
Cryptocurrencies tend to correct for 2-3 months, normally... This time it has been already 4.7 months and we are still within a higher low.
What this means is that the next bullish wave is overdue.
Even on another shakeout, it gets closer and closer with each passing day.
Higher lows lead to higher highs... So there is potential for Ethereum Classic to go above $45 .
See the chart for additional information.
Namaste.
December 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 0.36% over the last 24 hours and rose to an intraday high of $16,660.00. The largest cryptocurrency continues to trade between $16,500 and its 20-day exponential moving average (EMA) of $16,822, suggesting investors are still not active. If the price turns down and slips below $16,500, the selling could pick up pace and the BTC/USDT pair could fall to the $16,000 to $15,476 support zone.
Today’s Cryptocurrency Headline
Alameda Research Liquidates Ethereum-Based Token
On-chain data cited by crypto research firm Arkham Intelligence suggested $1.7 million worth of tokens from Alameda-linked wallets were sold in the open market over several hours on Wednesday. Multiple tokens including USDC, DAI, CRV, ETH, and CVX were merged from several wallets into two wallets and then sold for USDT. The holdings were then converted into bitcoin (BTC) using swapping services like FixedFloat and ChangeNow. According to Arkham Intelligence data, Alameda still holds over $112 million worth of various cryptocurrencies, down from $140 million held in mid-November.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.01% over the last 24 hours and fell to an intraday low of $16,458.52. The largest cryptocurrency has been trading between $16,500 and its 20-day exponential moving average (EMA) of $16,852 for the past few days, suggesting traders are not clear about the next directional move. The 20-day EMA is sloping down gradually and the relative strength index (RSI) is near 43, indicating a slight advantage to bears. The BTC/USDT is likely to stay in the $16,000-$17,000 price zone for the next few days.
Today’s Cryptocurrency Headline
MicroStrategy to Launch Bitcoin Lightning Network Apps and Solutions in 2023
MicroStrategy executive chairman Michael Saylor said on Twitter Spaces that the company will launch software applications and solutions powered by the Bitcoin Lightning Network in 2023. Saylor mentioned that as part of his transition from CEO to executive chairman, the company’s Bitcoin division has been able to focus more deeply on how Bitcoin can not only be bought and held, but also contribute to the ecosystem. As MicroStrategy seeks to expand beyond conventional software applications into Bitcoin, it can leverage its existing knowledge to provide enterprises with tools for the Bitcoin and Lightning ecosystems.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 28 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CryptoQuant, more than $19 billion in BTC, ETH, stablecoins left crypto exchanges since November 5, 2022. Bitcoin is down 1.22% over the last 24 hours and fell to an intraday low of $16,589.28. The cryptocurrency market has experienced record-low volatility as investors have largely stayed away during the holiday season. The price of Bitcoin has been fluctuating in a tiny range for the past few days, suggesting traders are not clear about the next directional move. The BTC/USDT is likely to stay in the $16,000-$17,000 price zone for the next few days.
Today’s Cryptocurrency Headline
Crypto Investment Firm Midas Shuts Down Platform
Iakov "Trevor" Levin, CEO and founder of Midas Investments, an investment company focused on DeFi yields, issued an announcement stating that the company decided to close its platform after suffering significant losses in 2022. Last spring, the Midas DeFi portfolio lost $50 million, or 20% of its $250 million in assets under management (AUM), and after the collapse of Celsius and FTX, its platform experienced over 60% of AUM being withdrawn.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 27 BTCUSD BingX Chart Analysis and Today's HeadlineBased on Bitcoin's recent behavior, it is still trading below the $17,000 resistance level, which it has been unable to break effectively. The quick recovery from last night's slight drop in Bitcoin is a sign of jittery market sentiment. If bitcoin does not break through resistance in the near term, it will continue to oscillate between $16,500 and $16,880.
Today’s Cryptocurrency Headline
Fidelity Filed Three Metaverse Related Trademark Applications
Fidelity has filed three metaverse related trademark applications with The U.S. Patent and Trademark Office (USPTO), covering NFT and NFT markets, virtual real estate investments, crypto trading, and metaverse investment services, according to The Block. Fidelity has embraced digital assets more than most large investment firms. In October, Fidelity said it planned to hire 100 more people in cryptocurrencies, expanding its digital assets team to 500. The company also launched commission-free retail crypto trading accounts in November.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 26 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin has been on a downward trend since it fell from $69,000 to the present without a decent rally. Bitcoin is currently in a low volatility range for a long time, and has yet to see a major upward or downward trend. If BTC can pull back $18, 500, then there is a reasonable chance that the decline will be reversed and a choppy climb will follow. However, there is not enough liquidity in the market for the Christmas holiday, so the cryptocurrency is still down.
Today’s Cryptocurrency Headline
Bitcoin Mining Companies Have Racked Up $4 Billion in Debt This Year
Bitcoin mining companies have been struggling under the weight of a year-long bear market, with collective debt expected to surpass $4 billion by the end of 2022, according to a report from Hashrate Index. The worst case is Core Scientific, which owes $1.3 billion to creditors and has filed for Chapter 11 bankruptcy. Marathon Digital owes about $851 million, but most of it is convertible notes, meaning its creditors can exchange them for stock in the company.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.