Hello, Community! Exactly as we told you in our last update that BTCUSDT is gonna show the correction to the upside in wave 4. The target for this bounce is $27600 which is 0.5 Fibonacci retracement level. Maximal possible target is 0.61 Fibonacci level at $28300. Anyway, BTC has already filled the imbalance candle and reached the conservative target. There is...
💡Bitcoin is moving near the upper 🟡 Price Reversal Zone(PRZ) 🟡 and the 100-SMA . 🌊According to the theory of Elliott waves , Bitcoin is completing corrective waves, so it seems that wave B in 🟡 PRZ 🟡 has ended. 🌊A sign of the completion of wave B can be the 🌠Evening Star Candlestick Pattern🌠 in the 🟡 PRZ 🟡. 🔔I expect wave C to finish at one of the ...
Was not going to post this but... Like clockwork, again. We noticed a slight BULLISH bias for $BTC. Even mentioned that there's huge demand for #crypto related #stocks. #BTC gets positive news today. Grayscale wins lawsuit against SEC for #bitcoin Spot #ETF. --- Previous post (see profile for more info) CRYPTOCAP:BTC is once again making case for BULLS short...
The price of Bitcoin was relatively steady over the past three days. In the meantime, technical indicators like RSI, MACD, and Stochastic stayed bearish on the daily time frame, and the 20-day SMA kept approaching the price. As for the weekly time frame, Stochastic and RSI continued to develop bearish structures, indicating that a trend of higher degree is turning...
Bart Simpson has returned, he's upside down. Bitcoin has a tendency to "Bart". Today that tendency has returned. Could we see a full recovery? Possible. Also possible we reach somewhere between 27.5-29k or even 31-32, and then back down to 24.3-24.7 before really heading up. Let's see! Yet again, the published image doesn't match the chart, so here it is:
Overall, the events of the last few days in the Bitcoin market have been significant enough to warrant attention and analysis. A breakout from ascending traingle to the $25,480 and subsequent price behavior against trend lines and technical patterns could be a key factor in Bitcoin's future price direction. Hammer as a technical signal can bring other interesting...
Hello friends, I was unfortunately blocked yesterday =D so after some exasperation I am sharing this today. A trend line that traces the price's growth so far has its own strength and importance. It is currently around the 28400+ level. However, there is another way of looking at the matter. The parallel band that stretches around the 27400 level is also quite...
Most likely MNDE will continue down to the bottom trendline/fib. Once it hits .043 we SHOULD see a move to top of triangle again.
We can find a bearish harmonic bat pattern on USDJPY on the daily timeframe with lower timeframe crab pattern as well. further analysis will be done from this area identified. as this is against high timeframe trend, it is important to trade with care
CRYPTOCAP:BTC IMO, most likely scenario for #BTC Am not seeing this discussed by anyone I follow, but we are in a HTF (5+ years) Ascending Channel. Target ~$250k in 2024-2025. In the end, it will all look so obvious. Don't get distracted by the LTF's. Eyes on the Prize. #Bitcoin Check out bitcoin's price history, it loves bouncing in HTF ascending...
Lately, my posts have tilted bearish regarding Bitcoin. Following a notable drop in volatility, I anticipated a breakout. Historically, in pre-halving years, we've observed a balance between bullish and bearish trends. Consequently, based on past data, there was a statistical likelihood towards a bearish trend for the latter half of this year. However, bulls...
🔸Shark Pattern is creating Now. 🔸Correction Lvls from 22000 to 20470 . 🔸Stop lose 19000 Lvl close 4hours candle below.
Greetings, TradingView Family! This is Richard, also known as theSignalyst. 🏹 From a macro perspective, as per my analysis from yesterday, it's evident that BTC is approaching a significant weekly support zone: Additionally , as I mentioned last week, BTC appears to be nearing the end of its correction phase: 📌 To signal a bullish momentum shift in the...
In the world of cryptocurrency, Bitcoin (BTC) stands as a cornerstone, continuously captivating the attention of investors, traders, and enthusiasts alike. As we venture into the next few months, the Bitcoin market is marked by both excitement and uncertainty, presenting a myriad of possibilities for those willing to navigate the ever-shifting tides. Bitcoin's...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) Since it fell in an important area, there is a possibility that the downtrend will continue to the area where it can be supported. Accordingly, it is important to see if the...
Seems Like Band Getting Ready For Massive Breakout And Incase Of Successful Breakout Expecting Massive recovery Formed And Trying To Clear Descending Channel In H12 Tf Incase Of Breakout expecting 135 to 145% bullish Rally Keep Eyes On Band for Breakout
NEAR has been consolidating inside this pattern for well over a year on this point. I'm anticipating big volume to appear once we will break out. Keep in mind that we will wait for the price to confirm the break out of the triangle. This signal will get invalidated once NEAR falls through the support. Stop just below 1$, target at the August 2022 highs. This...
AVAX has been on a massive losing streak for well over a year now. Even with BTC being relatively bullish in 2023, AVAX has made a new bear-market low last week. Nevertheless, this token enjoys a lot of popularity across the internet. With AVAX trading in a historically very strong area of support and the 3-day RSI hitting oversold recently, I think it's time to...