Since my last update on this chart, Ethereum has broken its long term uptrend and dropped almost 40% in value. This was back in May of this year: Zoomed out, you can see the failed long term trendline. Obviously, a break back above it would be a bullish sign, but there's a long way to go, as it's currently around $4,000. Right now, it rests on its 200 and 100...
Bitcoin ( BITSTAMP:BTCUSD ) still has a high chance of a breakout: Click chart above to see the detailed analysis👆🏻 Bitcoin is clearly following the behaviour of the previous cycles and there is actually no reason to be bearish at the moment. The current consolidation is rather a sign of strength and a bullish breakout is definitely more likely than a...
-396 days Processed Between 2013 High and 2015 Bottom! -365 days Processed Between 2017 High and 2018 Bottom! -365 days Processed Between 2021 High and 2022 Bottom! -1065 days processed between 2015 Bottom and 2017 Peak! -1065 days processed between 2018 Bottom and 2021 Peak! -1430 days Processed Between 2015 Bottom and 2018 Bottom! -1430 days Processed...
#Bitcoin is in the last accumulation phase before the mega bull, as in 2012\2016\2020!
If we compare the stock market drops at August 05 and September 03, we can say that the crypto market is still holding up very well. But we shouldn't relax, because there are a lot of events coming up in September that will set the tone for the Autumn: 1️⃣ September 6 - data from the labor market. July 5 and August 5 were extremely volatile downward after the...
1. Price Action (Candlesticks): Current Price: The price is hovering around $60,141.67, as indicated by the highlighted value. Recent Trend: The candlesticks suggest that Bitcoin has been in a sideways trend for the past few weeks. The price seems to be bouncing between support at around $52,500 and resistance at $66,000. Downward Correction: After hitting the...
Signal: Green on 1st Ribbon for the second time Green on Background Ribbons High Probability to see New High of all time, so I have invested all of available fund - I am ALL IN. As expected on my last post - 1ST signal, #BTCUSDT has done the 1st wave, now the 2nd signal appears. DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR...
After pullback bitcoin is ready to test its first resistance level 63.5k. We use ai for bull bear levels and main score + momentum score is ready for increase continuation. Let's see if scorehoodai will be proven right again or not ?
Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is testing support at points 58000. This could give a positive reaction, but a downward breakthrough of points 58000 means a negative signal. The currency is assessed as...
Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is approacing resistance at 61400 points, which may give a negative reaction. However, a break upwards through 61400 points will be a positive signal. The currency is assessed as...
Massive Cup and Handle perhaps? It looks like Bitcoin might be ramping up into the election season and might even tease some new highs. This is a nice looking setup. A trump victory in November would more than likely push bitcoin into some uncharted territory. The election will be a major swing factor these next few months
Hey there, ✌In this analysis, we’re taking a broad look at Bitcoin's trend. As observed on the 20-day chart, Bitcoin rallied from the $16,000 range, leading to a price increase that saw it reach an all-time high (ATH) of $73,700. However, after failing to hold and close above $70,000, the price entered a consolidation phase and eventually corrected to fill the gap...
Bollinger Band Buy/Sell Signal indicator show a Bearish call on Hourly Chart. BTC USD Next Target 58400.
I've got some important updates for you. We're closely watching Bitcoin, and things are looking bearish right now. There's support around $56,700; ideally, we'd like to see it held there for a few days. If that doesn't happen, the next support level to watch is $54,000. Now, the big news is about the Fed's decision on interest rates this Wednesday. It's difficult...
Bitcoin is currently inching towards to 70% levels of the Fibonacci retracement level. With that in mind, there is a high proability that we visit the 78% level as well. The Yellow box represents these levels. Price is also currently below the 20MA, 50MA & 200MA. There is currently $974 Million long liquidation orders if price reaches $48,500 level. This is very...
Yello Paradisers! Are you prepared for what's next? #Bitcoin has been in a persistent downtrend, and the pattern of lower lows and lower highs continues to define its movement on the major time frames. However, recent price action hints at a possible shift. 💎#BTCUSDT, After the latest lower low, we saw a brief relief bounce. But don’t get too comfortable just...
As we approach the next FOMC meeting where we most likely see the first rate cut, will Altcoins start to perform again? Since the march highs we had a big retracement.
The current local trend, which started last week, is described by the EXP ascending pattern (orange) and as long as its trend is not broken, there are all chances to continue moving towards $61,700 and $64,186. At the same time, now we see the forming EXP pattern (turquoise), which is a corrective pattern to the previous one. If the price goes under the zone...