BTC bitcoinmapping a trajectory, the purple line is really the more important one I've noticed from all the lines in this particular injector frame. See how the lines are similar; the kind of stuff the people like to seem and compare.
Btc-bitcoin
BTC bitcoinChart indicators stuff image makes sense the image of what it is happening, yellow line observatory > rounded and replacing past negative. Picking a good complimentary choice of indicators.
Ethereum to Lead The Alt Season!Hi guys,
Related to my recent analysis on ETH/BTC, we could very likely see ETH/USD(T) making some big moves, which is already starting to do. This would be very bullish for alt coins as Ethereum leads the alt market.
Check out my analysis in the video to see how I break things down using ICT's Concepts in a very simple and easy way to determine bias and narrative. This works in Forex, Commodities, and of course, Crypto.
Happy trading!
- R2F
BTC Fractal - 3 Reasons why ATH is still COMINGI've been saying for some time now that the real ATH is still ahead of us. I base this on a few points of observation. First, the Elliot Wave Theory:
Then we're taking a look at an inverse H&S pattern observed on the daily:
Another bullish point to consider is that we have been able to hold above 60k successfully, showing that buyers are scooping up lower entries and putting pressure on bears. Historically, it is considered bullish for the price to consolidate under a resistance zone.
Our technical indicator is also overwhelmingly bullish.
After a cooldown from being "Overbought", we're now ready for another impulse wave up.
And lastly, from a logarithmic view, BTC still has room for growth considering we haven't "peaked" out yet:
Note that here, I'm not intending to say we're going straight to 400K with the next impulse wave. Rater, it is a multi-year outlook on how BTC could grow to much higher prices.
In terms of the correction, we're seeing bullish indicators on the price and so it SEEMS that the pullback may be over and we're ready for another impulse wave up (3 steps). I used WXY to demonstrate how it legs up in three unique phases, on top of the normal Elliot 5 waves.
And so it is important to note that even if we do fall lower to continue down with a correction, as long as we do not fall LOWER than the previous point X (as seen on the fractal in green) we are still very much in a macro bullish cycle.
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BINANCE:BTCUSDT MEXC:BTCUSDT
BLURUSDT → Trend break and positive fundamental background BINANCE:BLURUSDT breaks the trend resistance and forms a retest of the upper flat boundary, which will keep the bulls from strong growth for some time. A pullback is possible before further growth
The cryptocurrency market is reviving on the back of bitcoin rally as well as Ethereum rally due to positive news.
As for BLUR: The coin is breaking resistance, but ahead of it is a strong area 0.4367-7375 - the upper boundary of the pullback or flat, previously there was a strong trend and bears are quite actively defending this zone. A small pullback or consolidation may be formed, the market needs to gather liquidity to overcome this area.
Support levels: 0.36
Resistance levels: 0.4367, 0.4375
The market is forming a trend change signal, but we need to wait for its confirmation: consolidation above 0.4367. This may cause a rally to 0.6 - 0.7.
Regards R. Linda!
APEUSDT → The coin gives indications to possible growthBINANCE:APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market
The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin.
On the local timeframe the price broke the trend resistance and is testing the upper boundary of the triangle. A break of the resistance will give the bulls confidence, which may provoke the formation of a rally. It is worth paying attention to 1.321. Consolidation above this area will be a strong confirmation of the trend change.
Support levels: 1.120
Resistance levels: 1.25, 1.32
I expect the growth to continue after consolidation above the key liquidity area. Consolidation may move to the realization phase.
Regards R. Linda!
BTC Scalping PredictionsIf we want to predict the high leverage positions we can take in possible breaks depending on the formation we are in, the results we can get are satisfactory.
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
BTCPlayed as it was expected.
Currently the coin is facing resistance zone.
If we go to Weekly TF , we can see that BTC is about to break the resistance zone.
For bullish trend continuation, we need to see W or D close above 72700$
In this case #Bitcoin will be in a new ATH price Discovery
🔥 HONK: New Memecoin On The Block - You're still early!Memecoins like PEPE, Bonk, Floki etc. have been performing extremely well over the last few months. Their usecase is debatable, but does that really matter when a token rises 1,000%?
Where most memecoins have already seen a massive upwards move, HONK has seemingly just started after it rose over 150% over the last two days.
With a marketcap of around 5 million, this token can see some very decent upside if more investors start looking at it. Seeing that Bonk has a 3B marketcap, I don't see why Honk couldn't get to 1B at least.
A 20x is far-fetched, but we all know that everything is possible in bullish conditions. Seeing this signals' risk-reward is over 35, a small investment (with an even smaller loss) can result in a potentially massive gain.
Bitcoin We can take new long after some range or SL huntBitcoin We can take new long after some range or SL hunt
In a vidoe i shared why i think BTC can reach new ATH soon. Main reason - Big Liqudations levels
But to take a trade we need clear entry with good risk to reward ratio.
that's why better if price create some range. Example how it can look i shared ina video.
Beautiful wedge on $BTC over several supportsClear wedge forming on CRYPTOCAP:BTC over several supports:
- Parallel multiyear channel
- Important VWAP quarter horizontal line (orange line that coincides with a Fib Level - blue line)
- Fib Level (blue line) from last flag in February
- Insinuating over wedge ceiling line (dark blue)
So, we have a very good confluence there; maybe a scary quick drop possible to reach the bottom of the wedge, there on the confluence of already signaled fib level and VWAP quarter lines of support
The target of this wedge is the all-times-high (red line, past 72k usd)
Tentative top on $BTC ATH by end of MayGann Square on CRYPTOCAP:BTC indicating a decisive movement over this Wedge
There is a region of several confluence trendlines marked in the orange circle
That region will be reached by end of this month according to this analysis
Potential rising channel breakdown on BitcoinBitcoin had been forming a rising channel for quite a few days here which is seen best on the 4hr chart timeframe. I chose to show it on the 1day timeframe though because the channels breakdown target just so happens to align with the daily 50ma(orange line). It would make a lot of sense for it to retrace to the 50ma and attempt to retest it as support. Of course being that we are in the midst of a potential phase 3 of our bull market, this also increases the chances of bearish patterns not hitting their full breakdown targets(especially on time frames smaller than 1day). So there’s no guarantee it hits its full breakdown target. Many times in this cycle of the market price can even form bearish patterns that till find a way to break upwards. There’s also a chance here much like when we topped out in 2019 after a big parabolic pump in of this just being the beginning of the correction and for price to break down from even a couple more additional bearish patterns as well. So I will do my best to keep things updated If I see any further bearish patterns form off of wherever this one goes but for now, I preliminarily am going to try to get a small dip buy in if it reaches this current potential break down target and then watch for t he next pattern to develop after that. *not financial advice*
Bearish divergence may play out on $BTC chart LTFThis RSI divergence may cause pullbacks in #bitcoin #btc price in short term. Not financial advice.
🔥 Ethereum Bull-Flag Break Out!After months of bearish price action, Ethereum has finally broken out of a bull-flag pattern. The fact that we're up >10% on the break out is extremely bullish.
I think this is the start of a prolonged bullish trend over the summer. First target placed at $5000.
BITCOIN BUY NOW TO ALL TIME HIGH#BITCOIN Here we go again!
Out of neutral range,
1 last hurdle to CRYPTOCAP:BTC NEW ATH
🚀🚀
BTCUSDT - 1H Sell is ready!This 1-hour chart for BTC/USDT shows that Bitcoin recently entered a significant liquidity zone, where it hunted stops and captured liquidity above the bearish resistance zone.
Despite these efforts, the price action reveals a noticeable weakness among buyers, as indicated by the lack of follow-through to the upside.
This suggests that the upward momentum may be waning.
Given the current setup, Bitcoin appears poised for a potential downward move.
The price has repeatedly tested the resistance zone without success, indicating strong selling pressure.
Traders should watch for a break below the lower trend line of the ascending channel, which could signal a further decline towards lower support levels.
This chart highlights a critical juncture where the price action could reverse, providing a potential shorting opportunity for traders if the bearish momentum takes hold.
Bitcoin ($BTC) Set for a Bullish Breakout Crypto analysts at intelligence tracker Santiment have analyzed the crypto market and found that Bitcoin ( CRYPTOCAP:BTC ) could make another attempt to hit its all-time high. The analysis revealed the large volume creation of meme coins and institutional demand for long Bitcoin ( CRYPTOCAP:BTC ) calls on margin. Bitcoin ( CRYPTOCAP:BTC ) funds and Spot ETFs have injected fresh capital, pushing up the mean dollar invested age metric. Historically, periods of steep decline are considered a confirmation of a bull market, and reversals signal trend reversals in $BTC.
The crypto market capitalization rose 5.2% over the past seven days to $2.41 trillion, reaching its highest level in nearly four weeks over the weekend. Bitcoin ( CRYPTOCAP:BTC ) is currently treading near local highs, remaining just below FWB:67K , an 8.4% gain in seven days. Despite the burgeoning risk appetite in global markets, demand for Bitcoin ( CRYPTOCAP:BTC ), Ethereum, and many altcoins is subdued. However, BTCUSD remains firmly above the 50-day moving average, indicating an upward trend.
Investors are more optimistic about Solana, whose price rose to its highest since early April at $177 24h. It may well reach the March highs before Bitcoin ( CRYPTOCAP:BTC ), acting as a more sensitive indicator of risk appetite in cryptocurrencies. Bitcoin would need to hit $93K to flip Silver right now.
Bitcoin ( CRYPTOCAP:BTC ) is currently the world's ninth-largest asset, trailing gold, Microsoft, Apple, Nvidia, Google, Saudi Aramco, Amazon, and silver. Gold has also distinguished itself, increasing 22.4% since Feb. 13, according to Trading Economics. It currently has a market cap of $16.4 trillion.
Industry pundits were split on how Bitcoin's price would move after notching a new all-time high in March. Analyst Dylan LeClair noted that Bitcoin tends to double within months of reaching new highs, particularly around halving events. Analysts at cryptocurrency trading platform Bitfinex predict Bitcoin could reach $150,000 over the next 12 months, with spot Bitcoin exchange-traded funds and the post-halving effect as the main drivers.
Technical Outlook
Bitcoin has formed a Bullish Flag pattern a move to $70k pivot will accentuate Bitcoin's next bullish streak. Additionally, Bitcoin ( CRYPTOCAP:BTC ) could stay in a “consolidation phase” between $55,000 and $75,000 pivot over the next month and potentially rise toward the end of the second quarter.
Bitcoin Analysis (It's time for Bears🐻🧸🐼)✅ As I expected , Bitcoin reached the 🔴 Resistance zone($65,700-$67,520) 🔴.
🌊According to Elliott's wave theory , Bitcoin is completing wave 5 .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
📈Looking at the Market Cap USDT Dominance% (USDT.D%) chart , I see that USDT.D% has completed its Zigzag correction(ABC/5-3-5) in the 🟢Support zone(4.72%-4.53%)🟢. We should expect at least a temporary growth of USDT.D% , which means that Bitcoin should have a minimal correction.👇
🔔I expect Bitcoin to start falling from the 🔴 Resistance zone($65,700-$67,520) 🔴 and continue falling to at least the 🟢 Support zone($65,700-$64,180) 🟢 and the 50_SMA(Daily) .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 2-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Two divergences at the same time in #BTCUSD chart#bitcoin has been proceeding in ascending channel. 2 divergences occured while #btc moves in LTF:
1- Hidden bullish RSI divergence (Green)
2- Regular bearish RSI divergence (Red)
Hidden divergence has been playing out after the bounce from ichimoku cloud and continuation is expected till the price reaches 69K or may be even 71K. Also there're great liquidations in these levels. If CRYPTOCAP:BTC claims 69 - 71K and liquidate shorts, then it's likely to be expected that bearish divergence may take the play with minor correction wave or even a dump. If price breakouts above 74K, bearish divergence will be postponed or invalidated, but ascending channel pattern will be secretly on the play.
NOT FINANCIAL ADVICE. DYOR.
Bearish hidden RSI divergence in LTF $BTC chartAs seen on the chart, bearish hidden divergence is waiting to play out. If #bitcoin #btc price reclaims 71K with several daily closings, this divergence will be invalidated. Not financial advice.
BTC – Weekly Perspective – 05/19 to 05/26Does BTC really intend to break the previously theorized C&H corrective pattern?
The downtrend line outlined in previous analyzes were being respected. However, I noticed that in recent days prices managed to escape this limbo. Interesting, isn't it?
If the downtrend line breakout is true, a likely destination for prices would be the 85K region, an “upside” of more than 25% if we compare it to the cryptocurrency’s current price (66.7K). But for this to happen, prices must first overcome and remain above 68.5K.
Now, if prices do not remain above this level (68.5K), I, personally, will consider this attempt to take power by the bulls as a beautiful buying “trap”. Therefore, whoever enters above this price range (68.5K) must have a well-adjusted STOP LOSS.
Let's go to the graph
In the long-term bias, the SETUP used still indicates fatigue on the part of prices, therefore, it remains inclined to want to reverse the predominant upward trend, a clear sign of a struggle between buyers and sellers.
See the image below. Prices must necessarily stay above 66.5K on the monthly chart, if they want to maintain their strong upward trend and discard once and for all the pattern that I have been theorizing for some time (C&H).
The red lines are support points.
On the weekly chart, we already have a divergence, as prices are trying to leave the LTB’s traced for good.
From the SETUP used, it appears that long-term buyers (those who entered in January) are making purchases, and this demonstrates why prices are not strong enough to break the 68.5K region (resistance), as these buyers They are maintaining defenses, trying to attract new entrants! See the image below.
The red lines are resistance points.
Coming to the short term, once again SETUP points out that long-term buyers (January 2024) are maintaining prices to attract new entrants and, thus, reach new records (85K).
We even had an upward pivot during this time, which managed to reach the “golden” region, as shown in the image below.
The red lines are resistance points.
Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphical analyzes below.
