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Bitcoin Weekly updateBitcoin weekly looking uncertain We have had a DOJI and now a White Spinning Top candle weekly closes, both show indecision, and thew week is currently in RED but PA is trying to push back up $30K just above is going to need strong PA and we are currently overbought on Daily timeframe thogh Lower are OK-ish Weekly in Good shape but a strong push now could lead to weakness after we break through. For me, the ideal situation is that we pull back for a week to around $24K. this could reset the MACD's etc and give PA a bit more Room to pmove back up and break tha $30K Wall and more importantly, HOLD it after As you can see in this chart, PA is in the Mid Way point of the rising channel and the real test is when PA reaches the upper trendline. For now, PA sitting on the 1.618 Fib line, catching its breath But this is BITCOIN, 24/7 trading and anything can happen. Fundimentals are increasing as the Banking industry realises that Crypto has NOT died and that it is still a force. Banks in the UK have turned against the Government and imposed strong Walls against Users depositing THEIR OWN MONEY in Crpyto, despite the Governments wish to become a Crypto Hub. The TradFi / Crypto War is hotttng up
by Orriginal
XRP General MovesRecent Price Movements and Potential Future Outlook XRP, also known as Ripple, has been in the news recently due to some positive developments, which have led to a price increase. However, the price of XRP has been volatile and has experienced significant fluctuations in the past few weeks. In this article, we will analyze the recent price movements of XRP and discuss its potential future outlook. Price Movements On March 31, 2023, the price of XRP reached a high of 0.588 USD, which was the highest it had been in several months. However, the price soon began to decline, and it currently sits around the 0.5 USD mark. This price decline can be attributed to several factors, including the overall market conditions, as well as concerns about the potential impact of Bitcoin's price movements. Support Levels Despite the recent price decline, there are some good support levels for XRP. The 0.5 USD mark is a significant support level, and it is possible that the price may bounce back from this level. Additionally, the 0.432 USD mark, which is where the rally started, could potentially be retested in the next few days. If this occurs, it may present an opportunity to buy XRP at a lower price. Future Outlook The future outlook for XRP is uncertain, and much will depend on the overall market conditions and the movements of other major cryptocurrencies, such as Bitcoin. If Bitcoin's price continues to decline, it is likely that XRP will also experience a price decline. However, if the market stabilizes and Bitcoin's price begins to increase again, XRP may also experience a price increase. Conclusion In conclusion, XRP has experienced significant price movements in the past few weeks, and its future outlook is uncertain. While there are some good support levels for XRP, it is important to be cautious when trading in these volatile market conditions. It may be worth waiting for further confirmation before buying XRP, especially if there are concerns about the potential impact of Bitcoin's price movements.
by Htback
BTC 1D CALLED 18KBEWEARE! Closing 1D if price bellow 21k next target is 18k - Daily Supply -Demand area 18k SELL BTC Entry: 24380 - 25620 Target 1: 23180 (done) Target 2: 21960 (done) Target 3: 20740 (done) Target 4: 19520 Stoploss: 26060 Remember when we went through the big pump at the beginning of the month? it crossed the daily supply without any reasonable reaction in the 18k area. believe it or not this area must be "paid off" first! Note : at the beginning of the year 2023, we had a bear flag which was "invalid" too.
BITFINEX:BTCUSDShort
by pungkymegawan
2
Retracing A Month UpSide Rally In 2 Days ! Top Longers in shamblUnfortunately Today I couldnt upload a video , it kept failing ONLY on this platform! Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there. If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell. On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern Liquidity to upside around 22.8 is 4M around 23.7 is 11M
BINANCE:BTCUSD.PShort
by pcmonk
Debate 'Safe Heaven' Bitcoins- Skyrocket Coronavirus nCoVid2019Hello my dear traders and friends, As you can see the Bitcoins chart, the value has skyrocket in 2 months after the first major outbreak pandemic coronavirus on January 2020. People start to buy the bitcoins and the value increase towards the sentiment. They thinking this bitcoins will be the safe heaven towards this pandemic. For the reason, if you move towards to other countries you can sell it online anytime. This is their perspective which cause this element to bullish. For most people, they tend to see bitcoins can be really the safe heaven money. In my opinions, the bitcoins is just only worth the credit and it against the fiat currencies towards the major Dollar. While Dollar also has decreased its value as what we can see the central bank trying to adjust so many times the interest rate and clearly they do not know what their doing. It is a bitcoins that digital currencies which the value that something you do not own. It is just a value and with not many countries accepting the change towards the bitcoins currency. For the I put it bitcoins is a new currencies which we do not own physically but it is still a fiat currency that non-physical. I just want to records this as my journal and put my ideas towards this currencies. Yes of course I do trade bitcoins but to the somepoint which I do not agree where this digital currencies is be in the sentiment that people look as describe the 'safe heaven' currencies. As what like we saw on the historical and let the history of the Dollar speak for itself. For the past of bitcoins history, BTC also has got some major crash long time ago and this also happen on the fiat currencies as well. WIll people purchase the BTC as long this pandemic coronavirus in the background ? Or is it just a sentiment only ? Will Bitcoins drop when all the sentiment towards the virus disappear? As what I can conclude, this is just a trend. When the trend is over, people will less demand towards it. The price will drop and more event in the future caused it to be skyrocket as well. It is just a pattern. By Zezu Zaza
GEMINI:BTCUSDEducation
by Zezu_Zaza
2
XTZBTC broke out the resistance | Upto 167% move expectedSince Feb 2019 the priceline of XTZ / Bitcoin Cryptocurrency was moving within a pennant and finally broke out the resistance of this pennant in Sep 2019. The the price correction was started and in Oct 2019 the Stochastic and RSI went in oversold and at the end of Oct the MACD turned weak bearish from strong bearish and Stochastic gave bull cross and RSI turned bullish. The Ichimoku cloud is also turning bullish. We have a new support at 0.00008786 sats after this breakout. Our target should be the projection area of tail to support of this pennant from 0.382 to 0.786 Fibonacci as below: Sell between: 0.00015935 to 0.00023495 Regards, Atif Akbar (moon333)
Long
by moon333
3
PERLBTC formed bullish BAT | Upto 16% potential tradePriceline of Perlin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 200 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000412 to 0.00000402 Sell between: 0.00000434 to 0.00000469 Regards, Atif Akbar (moon333)
PLong
by moon333