It is very much possible that Bitcoin is forming a bottom as we speak , we have just had that distribution uptrust after a big move down where everyone thinks its going to reverse and then it comes back into range then everyone panics its going lower. But really what happens is far more boring , we go back into a range for a breakout later when everyone been...
Hello everyone, I invite you to update the current situation on the BTC pair to USDT, taking into account the interval of four hours. First, we will use the blue lines to mark the downtrend channel from which the price dynamically went down, then with the yellow line we will mark the downtrend line under which we are moving. At this point, it is worth turning on...
Last weeks high: $26824.0 Last weeks low: $26045.0 Midpoint: $25266.0 The weekly outlook starts on Tuesday this week due to the bank holiday. Despite a strong decline 2 weeks ago price has stabilised into a much tighter spread, almost like a sinewave across the midpoint. Because of this for me personally there is no clear near term direction, however the...
Just got a BTC USDT Short Signal, will enter the trade with a Leverage of X15 and 7% equity and a SL of 3.5%
Market is pricing in an ETF approval after Grayscale's win against the SEC. This pump will be retraced if the ETF is delayed on Friday (most likely). It could squeeze a little more until then though. I don't see this going higher than 29k tbh. It's currently rejected by 200 daily and 200 weekly moving averages as well. Not to mention that it's looking like a...
BITCOIN DAILY CHART Strong demand zone is 25000 zone If it sustain below this level than we can expect a painic selling. It is good that it is consolidating in a zone. will wait for breakdown
Seems Like Preparing For Massive Recovery In Midterm Formed Falling Wedge In Weekly Timeframe While Rsi Printing Massive Bullish Divergence Still Consolidating With In Wedge But When Falling Wedge Got Cleared & Broken To The Upside Recovery Will Be Epic In case Of Successful Breakout Expecting Move Towards Previous Ath 50$+
After the initial dump around the 17th, I made an analysis on BTC where I discussed the fact that this token was the most oversold on the daily RSI since the COVID dump. My short-term expectation was more edged towards the bullish side than towards the bearish. My target area for the bounce lied between the 0.382 and 0.618 Fibonacci retracements. This area is...
From the bottom in November to top in April it was exactly 100%. This memological phenomena suggests a specific memological support level, namely the halfway point at $22,000. That's where I load up my alt bags again.
Hi Traders, Investors and Speculators of Charts📈📉 Sellers are showing up on lower timeframes and bears have taken control of the price action for the short term. What seems likely here, judging by the technical indicator, is a rejection of the red RSI at 50 meaning a slow continued downtrend until the RSI rises above 60 in the daily. From the Green EMA dropping...
💡 After Grayscale Emerges Victorious Against SEC in ETF Case , Bitcoin was able to break the 🔴 Resistance Zone($27,000-$26,350) 🔴. ❓The question here is, will Bitcoin find an upward trend❗️❓ 🌊Let's look at the movements of Bitcoin in terms of Elliott Wave theory . 🌊In my opinion, Bitcoin is still in corrective waves after yesterday's rise, so that it...
Quick-quick, make a take me! Watch this clip and the PEPESUDT SHORT video and it'll be perfectly clear. Especially when it does exactly what I'm suggesting.
Scenario 1: Retail Buyers Come in BTC has NOT made a Lower Low on the A Leg (RED) and could potentially make a push up to the 0.702FIB ($44k) and THEN ABC (restest) to $20k for confirmation before the BTC Halvening to finish off Macro Wave 2 (WHITE). Scenario 2: No Retail Buyers and sideways market BTC could just ignore the 0.702 and retest the $20k line and then...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price turned around just before the downtrend line. After unfolding the Fib retracement grid, we see that the first support is at $27,010, then the second support is at $26,671, then there is a support zone from $26,311 to $25,817, and then a strong support at...
Hi everyone, Let's show some positive news! The trend shows us that we probably started a new BULLISH Trend : We get an amazing GOLDEN CROSS that appeared very recently... Each time we get this Golden Cross, we has started a great bullish trend and for sure, ALTCOINS will follow (after a little delay). Anyway, I'm waiting to see a very hard and fast...
Before the FTX collapse, crypto was accumulating for a push towards $25,000 $BTC. Since, that cycle has been ruined; now re-accumulating at the "SBF & Caroline Accumulation" zone. Here's our analysis. We'll be back soon!
This is something to track, though it almost inevitable. The charter is set The course is navigated Will the crew take the position And the captain steward the ship
Bitcoin's Resilience Amidst Uncertainty: A Unique Opportunity for Investors Introduction Following a remarkable surge at the onset of 2023, Bitcoin's rapid momentum has hit a speed bump due to ongoing macroeconomic uncertainties and other influencing factors. On August 16th, Bitcoin encountered a substantial downturn, experiencing a drop of over 10% at one...