1. follow me 2. boost this idea 3. say the name of altcoin
look at chart we are in a broad bear channel , and we had a perfect test (BO point) and every time we fall below a low we pulls back ... so what do you think? this is third push down so its wedge bottom its all ready to going to moon........ now its best time to buy
Overview: As we wrote on Sept 1st: "Tuesday brings a wave of bears." It's been a strong start to the week for bears. The VANTAGE:SP500 is down 2.12%, pushing aside hopes for new all-time highs and forming a pattern resembling a double top. The riskier NASDAQ:QQQ dropped even more, correcting 3.04%, further confirming bearish sentiment. Both of these...
Bitcoin is in a range - wait for SL hunt and take a trade At this moment price is inside range enviermat only traps and SL hunts is possible to take a trade here
BTCUSDT has reache to 15m demand zone. so we long it. entry:57710 tp:59135 sl:57355 r/r:4.01 leverage:10X
Liquidations have cascaded after a strong sell off happened into Asia open. The drop has intensified probably because of Nvidia NASDAQ:NVDA , posted the biggest single-day loss of market cap by any stock in history today. Open Interest ramped up noticeably as perps are trying to lift the market on ByBi t and Bitfinex after the strong selling led by ...
Bitcoin is moving near the Support zone($58,000-$56,600) . Regarding Classic Technical Analysis , Bitcoin seems to have succeeded in breaking the upper line of the Falling Wedge Pattern . It is also possible to form the Inverse Head and Shoulders pattern . Regarding Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) ....
In Monday (start of the new week) price swept previous week low liquidity (orange line) and show willingness to go higher by breaking the 4H structure. So the following week I would expect to see price trades higher, potentially even to opposing liquidity pool like previous week high (orange line) Thanks you and have a nice trading week! LFG!
CRYPTOCAP:BTC #BTC As expected testing $56,557 support, Next key support at $54,364, Failed to follow up on bullish engulfing on 1D which was pretty clear yesterday. RSI on 4H almost in oversold region, $58,882 will resist, $61,953 key resistance. $52,529 next key support after $54,364.
Today I want to try something different. I want to talk about your most unpopular opinion, the kind of opinion that will get you a lot of 🤡 emoji's on here and other forums. This is your chance to share your widely unaccepted opinion. Most might disagree, but deep down you still know that you're right. Here are a few of mine that might rustle some leaves: -...
Bitcoin has broken its horizontal support at $57,500 Next support at $52,760 Is this the early sign of something big? Something is coming? US elections? Ukraine war. Iam not into fundamental analysis. But the charts dont lie. Lets see if it drops to $52,760 level.
structure has been intact for some time, showing consistent lower highs and lower lows. The horizontal support line at approximately $52,408 is a key level to watch. It has previously acted as a significant support zone, suggesting that any retest of this level could provide a strong base for a potential upward movement. The chart features a prominent arrow...
In this video, I analyze Bitcoin's (BTC) price action with a focus on a short-term Monday range play. I dive into the specific key levels where we could potentially see a reversal. We’ll break down how these levels have been acting as support and resistance throughout the trading week, and discuss the importance of monitoring price behavior at these zones.
Overview: Fed's Potential Rate Cut and Its Implications for Bitcoin The Federal Reserve's upcoming interest rate decision is creating waves across financial markets, with Bitcoin and other cryptocurrencies in the spotlight. According to analysts from Citi, the Fed is expected to announce a 0.5% rate cut in their September meeting, driven by weaker-than-expected...
Bitcoin -Is it Forming a W Pattern If support at 55,000$ or strong support at 49,000$ as shown in the graph ( Fib Resistance) and if reversed, then can be tried to buy with target of 70,000$, if it breaks above then 100,000$.
🔍 Technical analysis: Support zone failure - In the 4H time frame, after not being able to break the supply area, it has faced selling pressure. - Currently, a bullish pattern is observed, which has extended to the supply area. - Therefore, any pullback to a broken structure can face selling pressure again. - So we should see an increase in selling pressure...
BTC trades around $58k, possibly testing support. Closing below $56.6k could be bearish. Closing above 4HR 200MA or $60k could signal some strength.
The accumulation and distribution volume matches the positive and negative money flows of the first 5 waves in a Jesse Livermore stock cylinder. Will wave 6 see a rush of positive money flow into #Bitcoin into the end of the year? Let's see If it does then that will further cement this pattern of accumulation , sideways movement then breakout with...