Bitcoin (BTCUSD) may be under a quite strong short-term correction since the August 27 rejection on the 1D MA200 (orange trend-line) but based on this 2-year Cyclical Chart, it has high chances of finding Support again and start a rally similar to the two it had over this time span. Let's start with the long-term outlook which remained bullish after BTC hit and...
BINANCE:BTCUSDT COINBASE:BTCUSD SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 59600 60330 61150 61800 62600 🔴SL: 55925 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.
Welcome back future demons Let's jump right into the TA. We have a potential short trade here. This might not qualify as the perfect example of a Head and Shoulder formation in Classical Charting, but the over all structure and pattern is bearish. Also yesterday we saw a significant drop combined with huge volume increase. Kind Regards LaPlaces Demon
nasdaq had the same confermation before break the top of december 2021 , btc on accumulation and it's prepare for a big movement up , this boring movment and go up and down , it's just to make ppl disbleaf in this market and to let ppl sell thier coin , not all ppl will get rich . don't be greedy . don't but your all eggs in one basket this is my analyse it's...
GM crypto bro's! This morning, the Fear and Greed Index is at 29, still in the fear zone. The Stochastic RSI remains in the oversold area, same as yesterday. In terms of price action, BTC's outlook today is similar to yesterday's market update. The closest potential pump target is between 60K - 61K, but be cautious—this doesn’t mean the dump is over. So always...
BTCUSDT HELLO TRADERS The overall trend remains downward as long as trading stays below the turning level of 60.838 . Currently, prices are below this level, suggesting a potential decline towards the first support level at 57.147 . If a 4-hour candle closes below this support, further declines are expected, targeting the second support level at 54.727...
As Bitcoin travels through the descending parallel channel, it looks like it has finally secured support near 56k, a level it has relied on multiple times in the past. We foresee a bullish movement from this point in the short term. 1st target - 65k 2nd target - 70k.
GM crypto bro's! This morning, the Fear and Greed Index remains in the fear zone at 27, while the Stochastic RSI is showing signs of exiting the oversold area. BTC has dropped to the 55K area, as I mentioned a few days ago. Where is it headed next? The current price action suggests a probability of reclaiming the 60K - 61K range as the nearest target. Like...
GM crypto bro's! This morning, BTC finally turned green and is back in the 59K area. Fear and Greed Index is at 26 (fear), and the Stochastic RSI is starting to show signs of a potential upward move. Does this mean the 55K drop is off the table? Unfortunately, no—just that the probability has decreased. For now, the closest potential area for BTC to visit is the...
I'm unsure which direction BTC/USD will trend, but I've been analyzing order flow software in the live auction. Since last week, the 4-hour candles have shown volume in the millions, and the trend is extremely bullish. However, the market maker has been giving 8-hour rallies and then taking out buyers' stops. This pattern has been consistent since Thursday. I...
Bitcoin - Where It Should Be Is Correct Bitcoin hovering around this price range in a sideways channel for a long period of time is exactly where it should be in cycle where weak hands get bored and sell to strong hands. Z-Score showing no signs of anywhere near an overheated market, Spot ETF's are still very underallocated, the RSI Halving 100, Weekly...
GM crypto bro's! Back to the grind of corporate life, and BTC isn’t making it any easier this morning, dropping to the 57K range. Fear and Greed Index is at 26 (fear), while Stochastic RSI remains in the oversold area, but no signs of a bounce yet. Given this morning's drop to 57K, it's just a matter of time before BTC revisits the 55K area, as mentioned in my...
Bitcoin broke 60K but is showing signs of buying activity in the form of pin bars just above the 56K major support (see arrow). This retrace should come as no surprise if you read my previous article where I anticipated this scenario a week earlier. While current momentum is still bearish, this market is in a consolidation on this time frame which means the...
Good morning Crypto Bro's! Happy weekend and payday! 🌞 This morning, the fear and greed index is at 29 (fear), and the stochastic RSI is starting to enter the oversold area. Yesterday’s candle dropped as I mentioned, hitting the 58K level, but it even went further down to 57K. Today’s market outlook remains similar to yesterday’s update. There is still a...
Bitcoin has consolidation between 58150-60300 levels. Now bears control the market. 54800 level is bearish target.
Just popping in for a quick Bitcoin update. Though cycle proponents will be quick to point out that Bitcoin is way ahead of where it "should" be, price wise compared with previous cycles, it's still struggling to maintain a new all-time high despite supposed institutional interest. People who have been in the market for years are starting to want out, expressing...
On BTCUSD, I'm still looking at this channel, and we have 1-2-3 swing points. But we're also building liquidity under us, so it's a very tricky situation. I want to add more to bullish trades, but it's hovering and tricking in buyers, so I'm standing on the side at the moment. If I see a move, I go in on 15-minute scalps and get my stop break-even in the first...
Good morning Crypto Bro's! This morning, the fear and greed index is at 34 (fear), and the stochastic RSI is starting to enter the oversold area. Yesterday's candle briefly pumped to around 61K before dumping back down to the current range at 59K. In terms of price action, BTC has two possibilities for further dumping: first, to the 58K range, and second, to 55K....