BTC-USD
BTCUSD Potential for Bearish Continuation | 24th November 2022Looking at the H4 chart, my overall bias for BTCUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. I am looking for a sell entry at 17065.00, where the 23.6% Fibonacci line is. Stop loss will be at 18173.33, where the previous swing low is. I am looking to take profit at 12040.03, where the -61.8% Fibonacci expansion line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation | 23rd November 2022Looking at the H4 chart, my overall bias for BTCUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. I am looking for a sell entry at 17065.00, where the 23.6% Fibonacci line is. Stop loss will be at 18173.33, where the previous swing low is. I am looking to take profit at 12040.03, where the -61.8% Fibonacci expansion line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation | 22nd November 2022The overall bias for BTCUSD on the H4 chart is bearish . In addition, the price is trading below the Ichimoku cloud , indicating that the market is bearish . Looking for an immediate sell now at 15525.96, where the 127.2% Fibonacci extension line is located. Stop loss will be set at 18173.33, where the previous swing low is located. Looking to take profit at 12040.03, where the -61.8% Fibonacci expansion line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD - touched local bottom curve!This Asian selloff was marvellous - now we touched a local bottom before Europe's open - very likely we can see Europe consolidating/bullish after asian selling - and possibly NY will retrace that selloff. Expecting a retest of that upper local curve before moving to 15k.
Cheers !
PS: just a small long, still bearish short term.
BTCUSD Potential for Bearish Continuation | 21st November 2022The overall bias for BTCUSD on the H4 chart is bearish. In addition, the price is trading below the Ichimoku cloud, indicating that the market is bearish. Price has already reached our sell entry point at 18173.33, the previous swing low, and we intend to take profit at 15525.96, the 127.2% Fibonacci line. The stop loss will be set at 19056.00, which corresponds to the 23.6% Fibonacci line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation | 18th November 2022On the H4 chart, the overall bias for BTCUSD is bearish . Furthermore, the price is trading below the Ichimoku cloud , indicating a bearish market. Price has already tapped into our sell entry point at 18173.33,where the previous swing low is, and we are looking to take profit at 15525.96, where the 127.2% Fibonacci line is. The stop loss will be set at 19056.00, where the 23.6% Fibonacci line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
InvestMate|Bitcoin, and we have a breakthrough💲💲Bitcoin, and we have a breakthrough.
💲As I wrote in my previous post perfectly catching the support zone from which Bitcoin reacted perfectly this time it is time, in my opinion, for the breakout to continue
💲Link to previous post:
💲Looking at the current situation we are in.
💲Observing the perfect bounce from the support zone and the final exit from the triangle, in my opinion the buyers on Bitcoin have shown with this that it is an attractive price and they have no intention to go lower.
💲The first strong resistance that Bitcoin has in its path is the cluster of the last peak and the 1:1 level of the largest upward correction.
💲The scenario I am playing out is to get to the resistance zone and wait to see how traders react.
💲*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Bitcoin Attention strong support zone💲💲Bitcoin Attention strong support zone.
💲This post is a direct continuation of the previous post:
💲As we can see bitcoin is still holding at the 16.5k levels where the accumulation is ongoing.
💲Based on the levels of 0.5 of the entire upward wave and 0.236 of the last largest upward impulse after the correction, I have determined an interesting support zone from which Bitcoin has bounced repeatedly.
💲Ahead is a resistance zone located at around 17.45k which I determined based on the 1:1 range cluster of the largest upward wave and the 1.272 level of the largest downward correction.
💲The scenario I am playing out is a final breakout from local support to the resistance zone marked on the chart.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
BTCUSD Potential for Bearish Continuation | 17th November 2022On the H4 chart, the overall bias for BTCUSD is bearish. Furthermore, the price is trading below the Ichimoku cloud, indicating a bearish market. Price has already reached our sell entry point at 18173.33, the previous swing low, and we are looking to exit at 15525.96, the 127.2% Fibonacci line. The stop loss will be set at 19056.00, which is the 23.6% Fibonacci line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation | 16th November 2022The overall bias for BTCUSD on the H4 chart is bearish. In addition, the price is trading below the Ichimoku cloud, indicating that the market is bearish. Price has already tapped into our sell entry at 18173.33, the previous swing low, and we are looking to take profit at 15525.96, the 127.2% Fibonacci line. The stop loss will be set at the 23.6% Fibonacci line, which is 19056.00.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 16.11.2022From November 10 to November 11, an impulsive upward movement formed + before this growth a significant amount of bitcoin was sold. As a rule, it indicates the formation of the bottom in the instrument. To confirm it, the formation of further impulse growth waves is needed.
Altcoins
We single out Tron as the most promising coin for the formation of a long-term uptrend, false breakdowns continue to form in a wide trading range, indicating the presence of interested large buyers.
BTCUSD Potential for Bearish Continuation | 15th November 2022On the H4 chart, the overall bias for BTCUSD is bearish. Furthermore, the price is trading below the Ichimoku cloud, indicating a bearish market. Price has already tapped into our sell entry at 18173.33, where the previous swing low is located, and we are looking to take profit at 15525.96, where the 127.2% Fibonacci line is located. The stop loss will be set at 19056.00, which is the 23.6% Fibonacci line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
The FTX Implosion (A brief overview)FTX Token (FTT) WAS a beloved cryptocurrency for traders with just under 30,000 total addresses holding the token. Sadly , over 3 years, grew to a market cap of over $3,000,000,000 USD. The FTX Token was proving itself useful for traders all around the world.
HOWEVER.....
FTX halted withdrawals following reports that it used customer funds on risky investments that left the crypto exchange in a deep hole. FTX has NOW filed for bankruptcy , which means anyone who can establish that the company owes them money will have to get in line to request repayment.
How did it all unfold?
- On 6th November; Binance CEO announced that he was selling his holdings of the FTX token (approx $530million worth). Alameda offered to buy the Binance CEO's share at $22 each, which saw the price fall slightly from $24 to $22.
- 8th to 9th November; Binance went from announcing an intention to buy FTX (subject to due diligence) to stepping away from the deal, just hours of checking its accounts. Within the day, FTT cascaded from $22 to $2.36, as the SEC and CFTC begins its investigation of FTX and Alameda.
- 12th November; Between $1 to $2 billion in funds from FTX customer accounts have gone missing, with messages indicating that FTX has been hacked.
Currently
- Bahamian regulators freeze assets of FTX.
- Alameda is being wound down
- FTX files for bankruptcy
Unfortunately, this FTX implosion has reignited the call for more regulatory oversight in the crypto markets, to address the current systemic risks.
BTCUSD Potential for Bearish Continuation | 14th November 2022The overall bias for BTCUSD on the H4 chart is bearish . In addition, price is below the Ichimoku cloud , indicating a bearish market. With price already tapped into our sell entry at 18173.33, where the previous swing low lies, we are looking to take profit at 15525.96, where the 127.2% Fibonacci line lies. Stop loss will be at 19056.00, where the 23.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USDT BINANCEBTC/USDT BINANCE
4H hollows
A price rebound at the Golden Ratio of Fibonacci Retracement is expected, as it is the main Resistance Area.
Sideways movement between Support & Resistance Area is expected until Monday.
BTC = $16,855.78 +1.63%
13.32 ETH -2.47%
Market Cap: $846,597,962,034
24h Vol: $82,580,266,331
Dominance: BTC: 38.2%
ETH: 18.2%
Good Luck
#CryptoHellas Team
BTCUSD Potential for Bearish Continuation | 11th November 2022The overall bias for BTCUSD on the H4 chart is bearish . In addition, price is below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 19023.00, where the 23.6% and 78.6% Fibonacci lines are located. I have a relatively safe stop loss set at 21473.00, where the previous high and 100% Fibonacci line is located. Take profit will be at 15525.96, where the 127.2% Fibonacci extension line and -61.8% Fibonacci expansion line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation | 10th November 2022The overall bias for BTCUSD on the H4 chart is bearish . In addition, price is below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 19233.48, where the 23.6% and 78.6% Fibonacci lines are located. I have a relatively safe stop loss set at 21473.00, where the previous high is located. Take profit will be at 15525.96, where the 127.2% Fibonacci extension line and -61.8% Fibonacci expansion line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Continuation | 9th November 2022The overall bias for BTCUSD on the H4 chart is bearish . In addition, price is below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 19824.54, where the 50% and 61.8% Fibonacci lines are located. I have a relatively safe stop loss set at 20677.84, which is slightly above where the 50% and 61.8% Fibonacci lines are located. Take profit will be at 18268.35, where the 100% Fibonacci line and previous low is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Momentum | 8th November 2022The overall bias for BTCUSD on the H4 chart is bearish . In addition, price is below the Ichimoku cloud , indicating a bullish market. Looking for a pullback sell entry at 20168.43, where 2 of the 38.2% Fibonacci lines are located. I have a relatively safe stop loss set at 21611.43, which is slightly above where the 100% Fibonacci line and previous high is located. Take profit will be at 18655.17, where the 100% Fibonacci line and 61.8% Fibonacci projection line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential for Bearish Momentum | 7th November 2022The overall bias for BTCUSD on the H4 chart is bearish. In addition, price is below the Ichimoku cloud, indicating a bullish market. Looking for a pullback sell entry at 21012.00, where 2 of the 0% Fibonacci lines are located. I have a relatively safe stop loss set at 21778.00, where the 23.6% and 78.6% Fibonacci lines are located. Take profit will be at 20051.14, where the 38.2% Fibonacci line and 78.6% Fibonacci projection line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.