If NASDAQ:RARE can continue it's momentum. I see no reasons for it not to hit these marks.
BITCOIN $59000 MACRO Update: Wave4 Correction 1-Resistances: A) W21ema (~$61,000) is providing an immediate resistance. A break above 67K (If the the W21e is taken out), could resume the bullish momentum for the wave5 of the macro trend. 2-Supports A-Support zone to watch going into Q4: 53-50K (W50ema-M21ema support on average). The M21e is at...
Amendment by the beginning of 2028 to the range of $30,000
Market Context: $DUSK is potentially forming a double bottom in a high-conviction zone, suggesting a possible bounce. A break above $0.20, followed by a retrace to support, could signal a continuation of bullish momentum. Trade Setup: Entry: Around $0.19 - $0.20. Take Profit: First target: $0.283 Second target: $0.35 Third target: $0.4083 Stop Loss: Daily close...
Now, the market can consolidate inside the channel and then dump to a lower level
*This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions.* BTC is currently rejecting the $61K range, but it has successfully broken out of a major trendline and an inverted head and shoulders pattern. The 50-day exponential moving average (EMA) is positioned below, which could act as a...
Bitcoin is moving in the Support zone($58,500-$57,000) near the Downtrend line . According to the Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend in the 15-minute time frame . Also, we can see Regular Divergence(RD+) between Consecutive Valleys . I expect Bitcoin to rise again to at least $59,200 . Note: If Bitcoin goes...
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price traded near the resistance level, which coincided with the resistance zone, and even made a fake breakout, after which rose a little higher than the resistance zone. Then price entered to downward pennant, where it turned around from the resistance line and made a strong impulse down...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some time ago rebounded from the support line and reached the support level, which coincided with the buyer zone. Soon, BTC broke this level, but then it made correction to the support line, after which turned around and bounced up until to the 61000...
Almost 1 year ago (September 05 2023, see chart below), we published the following idea on Bitcoin (BTCUSD), which very illustratively presented the potential course of the new Bull Cycle: As you can see, BTC managed to trade an entire year rising within this green Arc pattern and always below the Cyclical Pivot trend-line that emerged from the bottom of the...
The two roads diverged in a yellow wood :) Critical area for BTC at the moment. Break above $62,000 for a bullish continuation towards $68,000. Break below $58,000 for a deeper bearish correction towards $52,000. Which scenario do you think is more likely to happen first and why? All Strategies Are Good; If Managed Properly! ~Richard Nasr
#BTC #BITCOIN The price is moving in a descending channel on the 1-hour frame and is adhering to its borders well. The price reached the upper limit of the channel and closed above it, which supports the rise. The price also touched the 100 moving average and is expected to rebound from it. The price is now at $59,200, which is the entry price. The first...
Last weeks high: $61,782.68 Last weeks low: $56,107.68 Midpoint: 58,945.18 Apologies for the late WEEKLY OUTLOOK, let's go over last weeks PA. A much tighter spread between weekly high and low last week compared to the week before. As BTC continues its recovery from the JPY carry trade dump we are back @ 4H 200EMA for the 5th time since losing support during...
Last week, the U.S. Department of Labor released CPI data for July, which was slightly better than expected. Afterwards, U.S. stocks started an upward trend that lasted for a week, and gold recently refreshed its ATH, further pricing in interest rate cuts. The performance of crypto market has been weaker than other markets, with BTC and ETH almost at the same...
Overview: The weekend passed without significant CRYPTOCAP:BTC price movement, holding the daily level at $58.2k. On Monday, bulls rallied, managing to push the price up to $58.4k, signaling a potentially bullish week ahead. This renewed buying interest could be attributed to the VANTAGE:SP500 closing with a strong +1% gain, reminding traders of the generally...
BTC/USDT is testing a crucial resistance zone around $61,400 – $62,000 within an ascending triangle pattern. A successful breakout above this level could lead to a continuation of the uptrend. However, if the price fails to break out, a return to support levels around $58,400 or $52,408 could occur. Traders should monitor volume for confirmation of any breakout. ...
hello guys. let's dive in BTC! 1. Pattern Recognition: Left Shoulder: The first peak formed before the head. Head: The highest point in the pattern, showing a peak above the shoulders. Right Shoulder: The final peak, which is lower than the head but roughly in line with the left shoulder. 2. Key Levels: Neckline: The blue line around $57,571.68...
BINANCE:BTCUSDT targeting 68K. Bitcoin's correction is going by trendline, it looks it is going to hit 68K once again.