Bullish idea on BTC where I think we are in wave 2 of wave 3, a correction to around the 0.382 - 0.5 - 0.618 level before starting wave 3 of 3 towards $70,000 Idea invalidated if price falls below $57,472 (wave 2 crossing start of wave 1)
The Bitcoin (BTC/USDT) chart shows price movement within an ascending channel, with the price currently facing resistance near the $64,000 level, as marked by the blue area. The following key details can be observed: Channel Pattern: The price is moving in an upward sloping channel, indicating bullish momentum. However, the price has recently touched the upper...
ETH/USDT Analysis: 4-Hour Timeframe 📊 The chart presents Ethereum’s performance against USDT on a 4-hour timeframe, highlighting key upcoming dates for potential market movements based on predictive indicators. 🟢 BUY NOW 🔴 September 25, 2024 - Sell Date (Red Line): This date suggests a potential local top for Ethereum, indicating an opportunity to take profits...
BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...
Price of BTC turning bearish. A lot of choppy price action so I'm looking for price to drop & to fill the imbalance. In the process price should still drop towards our grey, supply zone. Once price taps in and ONLY if I see a clear 3 Sub-Wave (A,B,C) move, I will look to open buy positions.
Morning folks, So, the plan that we've prepared last week mostly stands the same. In fact, BTC has decided first to complete upside nearest AB=CD target, and starts retracement second. So, although we were waiting for pullback on previous week, it is starting only now. Here, on 1H chart you could see potential H&S pattern. We do not call you to trade it,...
👀 👉 BTC has recently broken market structure to the upside, signalling a potential bullish opportunity. The breakout is evident on both the daily and 4-hour charts, suggesting a buying setup could be forming. In this video, we’ll analyse market structure, price action, and focus on the prevailing trend. We’ll also highlight a potential trade setup, contingent on...
BTC/USD is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support level which has been identified as a pullback support. Pivot: 64,339.81 1st Support: 61,171.93 1st Resistance: 66,671.38 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
Bitcoin started pumping after the announcement of the US Federal Funds Rate ( The Federal Reserve lowered the US Federal Funds Rate by 0.5% to 5.00%. ). Considering that lowering Funds Rate is potentially good for the cryptocurrency market, lowering Funds Rate while the US government continues to print and spend money is a big mistake. I predict that...
Current Market Situation: Bitcoin is showing an improving technical outlook, with solid support in the $50,000-$55,000 range. Staying above this zone enhances the risk-reward ratio for bullish positions. Key Resistance: The $60,000-$62,000 range acts as crucial resistance. A breakout here could trigger a swift move to $70,000-$72,000, opening up potential for...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I'm publishing in advance because I have a schedule. I will explain the new 1W chart and 1D chart as soon as the schedule is over. -------------------------------------- Since I have updated...
In green, the wedge; purple arrows show possible targets As the vertix of wedge coincides with strong support, I believe CRYPTOCAP:BTC has more room to go up
we are in a strong resistance for #BTC_DOMINANCE so we have to expect reversal from here & If this happened means....... 1. we are in #altcoins bottoms 2. #altcoins season is coming so soon 3.it is the right time to invest in #altcoins not #BTC *********** This is my expectation for next weeks ********** ******( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN...
Market Context: PEPE is currently finding support at the 21 and 200 daily EMAs. A close above the 200 EMA would serve as confirmation for entry. Trade Setup: Entry: Long spot position at $0.0000082. Take Profit: First target: $0.00000970 Second target: $0.000011 Third target: $0.0000125 Stop Loss: $0.0000075 (daily close) ⚡ This setup aims to leverage EMA...
Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout. The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances...
Nice price action for BTC. So is it finally going to confirm the pump by a nice bullish flag? DISCLAIMER: I'm not a financial adviser and this is not a financial advise. Remember, most traders lose money.
Last week, the Federal Reserve kicked off the rate-cutting era with a hawkish 50 basis point cut. Although the CME had previously predicted a high probability of a 50bp rate cut, the fact that only one committee member voted for a 25bp cut while all others opted for 50bp was beyond market expectations. Following the announcement, almost all financial assets,...
My long Position in TURBOUSDT Targets and SL are mention Follow the Risk Management