This is an update from previous posting published. The flippening of RSI shows a retest is still on going to get BTC stays a soft landing towards the $28.5K area. This softlanding if drags for too long and on daily RSI (which is not showed here) hits the lower side which may take weeks. Before BTC do a leap again.
If you enjoy this analysis, please give it a like and a follow. Today is the big day: the third LTC halving will happen in a couple of hours. This means that the rewards from mining will be halved, same as the BTC halving. Although the LTC halving has been generally a bullish event in the months before the halving, it has always been a bearish event once it has...
Seems Like Getting Ready For Some Correction So Far Holding Long Ascending Trendline The More Longer Tl Will The Weaker Trendline Will Be Already Failed To Make New High Twice & Got rejected Clearly Now Testing Trendline Incase Of breakout Expecting Move towards 14200
Seems Like Getting Ready for Massive Bullish Rally Formed & Breaks Falling Wedge In h4 Tf Retesting In Process Incase OF Successful Retest Expecting 35 to 40% bullish Wave
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DXY chart) It is subject to a period of volatility until August 2nd. Therefore, it is necessary to check whether it can decline after receiving resistance around 102.034 during this...
📉 Unleashing the Power of Bearishness! 🐻📉 📊 BTCUSDT Perpetual Update 📊 📉 Attention traders, we have a strong bearish signal in the BTCUSDT Perpetual pair! 📉 The historical technical analysis indicates a significant downward trend. 💹 Be cautious and alert as the bears dominate the scene with their historical advantage. 🐾 📉 Prepare yourself for potential market...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in an ascending triangle. We'll start by presenting the most important supports. The first support is at $28,341, then we have a strong support zone from $27,974 to $27,494, followed by a second support zone from $26,917 to $26,309. Now let's move on to...
Hello guys I think that many people over the last month technically see the Wyckoff distribution, I am not an exception and indeed it looks very similar, but we are now in an ascending channel The monthly range is 29500-31500, and this distribution could be a trivial liquidity achievement from below. And then a return to the rising channel. But if we want to see...
BTCUSD See the most recent update on the asset post and associated idea links for further background information. Long idea aiming for over $30k to $31.8k but first 29,100 to 29.800. Observe your DD!
whip up take the liquidity around 32k from a h&s when moonboys target +34k dump it to 20k area holding structure chop around the lows drawing in both parties deviate the trendline to pull bears in run it back to flat top and breakout to range high] take the liquidity into 70k
Traders, Just a quick little update here. I pointed out this bullish triangle in a previous post. I had suspected we had one more small drop to 28,500-28,800 before any sort of breakout OR breakdown. So far, neither of the latter has occurred yet, but we have hit my support marked price level. That's great. Also positive is that we remain above this support and...
i am still looking for sells as long as that weekly/daily supply didn't fail and price didn't breach 34.5k, but I'm waiting for HTF to flip back to bearish, and for now we have early signs of that Took some ss a week ago and I'm just waiting still, and now we have liquidity built up for price to take it and mitigate that 4h supply where we'd be looking for more...
Bitcoin is back below FWB:29K this morning after a flag breakdown and failed attempt to hold above $30k in July. Price is now trending below the short MAs(8,21,34) with the short MAs crossing bearish in late July. Price is testing the 100ma which rests near $25.5k, a failure to hold there will likely lead to a test of the rising trendline and 200ma in the ...
Bitcoin has created a bearish breakout on this flag formed. More chances of seeing a downside momentum ahead.
I've been looking extensively at XLM over the last few weeks. In my previous analysis I was patiently waiting for a moment to enter long. In the end, my entry target has never been hit and my bias switched bearish. As of today, XLM has seeming broken out of the triangle. Since it's a bearish break out, we're looking to short this token. Stop above the most...
Hi folks, BTC LTF Technical Analysis 🔺BTC can retest 29300. 🔺Below the 29300 level, bears are stronger 🔺Tillson T3 indicates short-term downtrend is strong. 🔺RSI points out the price action is weak. Below 50 points --> Bearish.
Bitcoin (BTCUSD) has been extending its recovery since late November, following the FTX crash but is doing so on a Decreasing Volume. In fact the volume is currently on historically low levels. Decreasing volume is associated with easy price manipulation and rightly so it is getting a lot of market participants worried as during rallies it tends to make the trend...
Well, as you can see, after the price correction, now Bitcoin is resting in the range of $29,400! To start falling again, the price must stabilize below $29730 and this is one of the most important conditions for falling again! You can monitor the price and if the price enters this area, enter the SELL position with the right trigger! Last Update : Don't...