Bitcon
Ethereum Breakout Soon??Ethereum has formed a very narrow range just under $2556. We have support from below at $2454. This consolidation of volatility will almost certainly precede a breakout. If we break to the upside, we must still contend with $2651. If weakness persists and we break down, then $2400 will provide support, but there is a vacuum zone to lower levels after that to $2324. The Kovach OBV has dipped sharply with the selloff and is looking a bit weak at this point, so we expect weakness in Ethereum to persist a bit longer.
BTCUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are the mother of 4-hour time frame. According to the previous analysis, the price was able to reach its target after breaking the resistance line. Currently, the price is above the support line and as long as the price is above that line, we can call the trend bullish and it can touch its target. And in case of breaking the support line, we consider the fall to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
BTC 4 month PhaseIf we are anywhere close to the previous Uptrend from January to April 2021, we may see $80,000+ come EOY.
It appears we've been in a large Consolidation phase which means we should see another Large Pullback before we get on another Bull Run too $60,000+. Then we would need to see if we can break through the upper resistance to create a new ATH, for that too happen we would need mass Integration which we've already seen happening.
What are your thoughts moving forward?
Bitcoin standing order hit: it’s a BUYAfter the range trading and taking our profits, moving stop losses and stacking sats (in private), we have once again hit one of our standing orders to buy at 31,000. Just like last time we have another one at 30,000 and at 29,000…TO THE MOOOOON!!!
If we are serious though. If you are trading, have stop losses with your standing orders and be careful. We know how volatile it can be. Stick to your trading strategies and your risk management.
If you are stacking sats or just adding more BTC and hodling. Done and done then. Get on it and enjoy. You can tell your grandchildren about it when it’s over a million.
Shall I buy Bitcoins now? I received that question many times during the last weeks. After the big drop from the top at $64K, the social mood of crypto-investors became dark, also pushed for media and negative feedback to crypto sustainability. But Bitcoin wallets continue growing, and waves are telling us this is only a corrective phase within a much bigger cycle. There are chances to see the cryptocurrency above $100K, and as always, the investors' mood will switch drastically from negative to very positive. At this moment the overall trend showed in the dashboard is sideways, and chances for new lows are possible, but there is very strong support around $34K that you should pay attention to. The key level for this corrective sequence is at $18K.
Bitcoin Good Accumulation Area.For everybody that was upset they couldn't get back in at below $60,000 well here's your chance. Below the 50,100, and 200 day moving averages. We're very oversold on the 4 hour Relative Strength Index as well. Anytime I see Bitcoin drop that low on the RSI I believe it presents a great entry and accumulation zone. But I'm no financial advisor.
It's beautiful to see Bitcoin holding well and strong above $50,000 further solidifying Bitcoin as a base floor price of $50,000. We shall see. Don't be that girl or guy wishing they purchased when Bitcoin was below $100,000 before it become "TOO EXPENSIVE." This is the greatest asset of our lifetime. Everybody should have a goal of owning at least 0.28 Bitcoin for your family and portfolios.