Seems Like Getting Ready to Continue Its Bullish Momentum Formed & breaking Descending Channel In Daily Tf Expecting Massive breakout Son & Incase Of Successful Breakout expecting Move Towards 14$ Keep Eyes On Fxs For confirmed Breakout
After last weekends successful Technical Analysis Fiesta, I decided to start another one for this weekend🎉. My short-term view on the markets Bitcoin is still trading bearish. Wednesday's FOMC meeting has not excited the market and has led to short-term selling in both crypto and stocks. Still anticipating that BTC will move towards the bottom diagonal dotted...
Steadily creeping upwards for months now. BTC has hit the major level around 30k. This resistance level is psychological (30k), it is the support we found in the summer of 2021 and it is also a .618 FIB level from the top of 2017 to 2019 bottom. On the weekly BTC has been in an upwards trend (gray trend lines)trading above the Bullmarket support band. There is...
Currently it looks like BTC D is topped at 52% area with a major retrace visible on the weekly. Weekly close approaches in 3 days, once we have a closure we can be more certain of the direction. Still have major alt exposure at these levels but mainly in BTC ETH and stables for now still as the halvening is months ahead.
XLM has seen some crazy volatility over the last two weeks. With XLM on the verge of breaking out, I'm anticipating that volatility will return and XLM will see new 2023 highs. I'm waiting for the price to break out the triangle and close above 0.167 before considering an entry. Stop below the most recent swing lows, target at 0.30.
Bitcoin consolidates after a leg down and I think still wants to see lower. thanks for watching
Using the RSI on BTCUSD/DXY, you can clearly see the different parts of the market cycle. Not always in ratio, but all in all things seem like they're speeding up. At least to me...
📊🔍 Bitcoin Price Analysis 🚀🌌 Greetings, traders and crypto enthusiasts! Let's take a closer look at Bitcoin's current market trends and potential opportunities. 📈💹 📉 Bitcoin is currently in a sideways movement around the $29,000 zone, indicating a period of consolidation. We are keeping a close eye on a possible pullback from the support zone at $28,000, with...
Bitcoin scouting multiple rejections over the past days. Local targets to and below $29200
Ilv Looks Pretty Bullish Forming Falling Wedge In h12 tf Incase Of Breakout Expecting Move Towards 80% Keep Eyes On For Breakout For Entry (note 0 Always Wait For confirmed breakout for Entry
Seems Like Getting Ready For Solid Recovery Formed Descending Channel in 3 days Tf Incase Of Breakout Expecting Massive bullish Rally In Coming Weeks Expecting 250 to 280% Bullish Move Incase Of Successful Breakout Keep Eyes On Lower Tfs Too For Buying Opportunities
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Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Guys, some thoughts on the futures chart: The ascending channel in which we have been for so long was broken by the downward movement to the $ 28,850 zone, I wrote about this earlier and said in each of my posts that I expect such a scenario...
Going off historical price action, things aren't too dissimilar this time around, just a lot slower moving... See the previous similarities for reference and a guide into the potential future.
hello everyone, my last analysis of btc hit the target around 30k.. price has reached the main resistance level there is high possibility of double top, the price may pull back to main support area around 25k.. price candle closing below 30k would be a should sign for short position. good luck
Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price stays at the local uptrend line. After unfolding the trend based fib extension tool, we see that the first significant support is at $29,094, then the second at $28,912, and then the third at $28,730. Looking the other way, we see that first there is the...
It is not the first time we look into how the Chinese bonds (with our unique CN02Y/CN20Y ratio displayed by the blue trend-line) affect Bitcoin's (BTCUSD) Cycles: With the addition of the Sine Waves to better illustrate the Cyclical behavior of the bond yields ratio, we can see that it matches almost perfectly BTC's Cycles. Every time it bottoms, BTC bottom...
Yesterday, the price of Bitcoin experienced significant fluctuations, showcasing a volatile market. During this period, the buyers provided short-term support, leading to an increase in price towards the resistance range of $29,400 to $29,465. However, once the price reached this crucial area, it triggered a negative reaction, resulting in a range-bound trend on...