In this video, we dive deep into the current bearish market structure Focusing also on ETH/BTC and Bitcoin Dominance (BTC.D). Understanding these key indicators is crucial for gauging the broader market trend and positioning yourself for potential moves ahead. We’ll start by breaking down ETH/BTC, analyzing the weakness in Ethereum’s price action relative to...
I noticed on Friday at the NY close when Gold/Silver/Stocks, practically everything sold off as the VIX Index threatened it's climb & got to around 13% on the day. But as NY wound down around 4pm local time, I saw all the Crypto's starting to hammer into green zones. The main reason my feeling is that they had been beaten down severely in price & when price...
Megaphone breakout. Currently Bitcoin is on a process of a breakout from the bullish megaphone pattern formation. If the retest can handle the pressure from sellers...this is going to be insane. Higher timeframe looking so super bullish. No more caption needed. Will be updating the idea once we confirm the breakout+retest of the current candle stick weekly close.
Bitcoin has given a breakout this week above trend line resistance but there are 2 important resistances to cross. These 2 resistances are 48061 which rejected further advance of Bitcoin vehemently and 51115. However things took slightly better for Crypto investors compared to last year as liquidity ease may commence with rate cuts happening (By US FED) later this...
Bitcoin is attempting to break out of Weekly Resistance right now! My previous analysis showed a potential triple-top playing out which did bring us down to $35,700. That bear breakout was immediately erased and the price rocketed back into the bull channel. How do we trade this? If you're not already long from the $36,000 area, don't long just yet because...
Last week, I published my idea about the next massive move of BTC as it enters the crucial stage of the triangle in this chart of BITSTAMP:BTCUSD At 8 AM ET, we saw a price breakout of BTC from the near 2-year-long diagonal resistance. This leap happened upon the "breaking" news of SEC approval of the iShares Bitcoin Spot ETF application. The coin reached...
Bitcoin been ranging in low 30K for a while and today we broke the bearish structure from 30.1.Could we finally see a new high ? I still root for 32K before 28.8 Thanks for watching
BTC/1H after breaking the downwards parallel channel , we bounced back at ~23.7 (blue up trend line) and started to goin up for a liquidity grab ( might touch the white horizontal line or pink trendline) After that it will continue back down to 21.7 or even ~20500. Dont foget bitcoin pumped when NY stock market was consolidating so we have lots of fake pump to...
#BTC UPDATE. #BTC has broken above the resistance zone area successfully and again it has reached a crucial resistance where btc got rejection,in oredr to keep moving to upside btc needs to close above the current resistance atleast on 1H TF. However,trend change will take time,follow us to get ASAP.
This has not been confirmed yet and wait for the candle to close under it. It can be a fake out to end long positions. Stop losses in all trades. We get confirmation this week.37150 to 37550 wil be the next support level of btc After a three day break in the market tonight, we can see the direction of the market. Due to the weakness in the uptrend, I expect a...
Daily hard close over few month consolidation period, Russia news, inflation, Russia billionaire's need to put that worthless ruble into something eh? Causing a mass psychological FOMO event to be inlay to initiate bull run 2.0, is quite a possibility here my friends
BTC is looking great here we are currently sitting underneath the 0.6 FIB level at 44447$ and we are looking for a potential break to the upside. The good news is that we broke out of the bullish triangle and aswell as the descending channel. A break above 45K is going to be massive achievement in the short term for us and will add some big bullish momentum,...
Volume continues to be light relative to 2021 as BTC set ATH's in the spring & fall, risk of BULL TRAP is not off the table. Bitcoin has recovered the 50 SMA on the daily and is pushing through the 20 SMA on the 3-day chart. Looking for a strong close on the daily as $BTC found support on the 3D SMA. Near-term, with some volume, expect to see a test of...
play with the chart, 2 triangles, small and big both resolving up to targets...breakout time is here, might be a retest of nreakout point...beware ...long trem bullish next full moon is bullish on the 19th, verticle red line
As talked earlier the price remained within and close to 38-40k and breakout Let's wait for move and retest fr further approach
CURRENTLY BTC IS IN SUPPORT AREA AS YOU GUYZ CAN CHECK THERE IS LOTS OF CHANCE TO GO UP. HOPE YOU ALL ARE FINE.
Asalamualaikum currently bitcoin is creating an head n shoulder pattern. lets wait for completion. NOT A FINANCIAL ADVISE. HOPE YOU ALL ARE FINE.
Yesterday , I posted that there was an inverted cup and handle pattern forming in 1H timeframe of BTC, but since we are in an uptrend since last week, the probability of inverted cup and handle pattern forming completely and breaking it's neckline, is quite low. Within the inverted cup, there was a falling wedge pattern and BTC broke out of that wedge ...