Bitcoin - $60k - $60500 is a key zone. Price MUST hold it to rise in the case of big volume spike, i`ll take LONG with targets - 64 750 - 66 490 - 71 000
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price declined to the trend line, breaking support 2, but soon rebounded back and some time traded near this level. After a little time, BTC fell to the trend line again, after which turned around and started to grow to support 1, breaking one more time support 2. A...
On the 2-hour chart of Bitcoin (BTC/USD), the price is moving inside a symmetrical triangle pattern. This pattern represents a price compression, indicating a potential trend continuation or reversal, depending on the breakout. The symmetrical triangle pattern is about to reach its convergence point, suggesting that a breakout, either to the upside or downside,...
#Bitcoin 1D chart; Bitcoin is likely to touch the upper red trend line in the short term. Let me explain why I think so, based purely on technique, far from the < emotional thinking > that I always underline, so that it is not in the air; < ChoCh > is also known as a trend direction change. The fact that it broke the uptrend with a hard momentum candle and then...
BINANCE:IMXUSDT exits the local consolidation and also breaks the resistance of the global trend, which can be regarded as a positive prerequisite for growth. IMX is consolidating above the support at 1.386, formed in June. The area divides the market into 2 parts (long and short). Bulls are actively trying to keep the price above this zone, buyers' target is...
BTC is likely to drop a bit from here and dip in the highlighted area btw 62k-62.7k. If you want to buy you should set your buy orders there.
Delve into the world of Bitcoin trading with this in-depth guide to buying BTC on the spot market. We'll explore the best practices for purchasing Bitcoin, including tips on timing, market analysis, and risk management. Whether you're a long-term investor or a short-term trader, this guide will provide the insights needed to maximize your returns in the...
Bitcoin has been in correction for 160 days. Now, there is a redistribution of hands, and among those who bought for the past 160 days, the average purchase price is 64k. According to the structure, we see liquidity withdrawal from the bottom in each correction—marked with red crosses—which means that they liquidate long positions and then continue to move up. We...
CRYPTOCAP:BTC #Bitcoin at $62,580 support, given resistance at $64,344 held strong as expected! Previous 1D close followed up to the bearish pin bar close putting bearish engulfing on 1D, RSI on 1D and 4H dropping, $61,953-$60,629 next support areas to watch here.
Overview: The FRED:SP500 closed Monday with a red candle, erasing last week’s Friday gains. Durable goods orders were reported today, showing the highest increase since July 2020. This indicator reflects the amount of new orders placed with manufacturers for durable goods expected to last at least three years, such as automobiles, appliances, electronics, and...
In this analysis we're going to take a look at TOTAL3, which is the total marketcap of crypto excluding BTC and ETH. In other words, all 'smaller' altcoins. As seen on the chart, the altcoin market has been in a dire state since the start of April, almost 5 months at this point. For now, the bearish channel pattern stays intact. I'm anticipating some kind of...
Bitcoin (BTC/USD) is falling towards which acts as a pullback support and could bounce to the 1st resistance identified as a pullback resistance. Pivot: 61,717.33 1st Support: 58,759.07 1st Resistance: 65,375.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
BTC is forming an absolutely massive Cup & Handle on the Daily/Weekly chart. There has never been a formation like this in the history of crypto, and it's sure to be an incredible run to levels that will shock the world.
Looking on lower timeframe, we can say that distribution is taking place after the upthrust at 65000 Now, price is trading at the support which I believe Bitcoin is on the last point of supply before we move out of thids trading range We might get a temporary bounce around 62500 However, I think this move could take us lower to 61000s to 60800 area (nPOC +...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1D chart) USDT dominance is located in an important reversal zone. It is an important point to watch whether it can meet resistance near the M-Signal indicator of the 1M chart and fall below...
Hello everyone, I invite you to a short review of the BTC to USDT chart with a four-hour time frame. As you can see, we are staying above the locally formed upward trend line. Taking into account the short time interval, we will first determine possible stop losses: SL1: $61,351, SL2: $58,982, SL3: $57,213, SL4: $55,249. Looking the other way, we...
Overview: As we begin the last week of August, we might be heading into a very turbulent period. On one hand, BINANCE:BTCUSD hasn't even broken its previous bull run's all-time high when adjusted for inflation. Neither the halving nor ETF demand was enough to push crypto higher, and now we have some altcoins like BINANCE:AVAXUSD trading 30% below their...
BINANCE:BTCUSDT Bitcoin is currently trading at higher levels, and a price correction towards the $62,000 channel seems possible. This level acts as strong support, and if the price stabilizes within this range, there is potential for an upward move towards higher levels. After recent upward movements, Bitcoin has reached a higher price level, which might cause...