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Btc-usdt

🔥 Weekend Technical Analysis Fiesta🎉- Name Your Crypto!My short-term view on the markets: Bitcoin is looking bullish long-term. However, with the failure of breaking through 31,000 it becomes more likely for BTC to fall. The bottom dotted support line must hold to keep the long-term bullish trend intact. 🎉CRYPTO FIESTA🎉 Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend! Give this analysis a like if you enjoy the content
Long
by FieryTrading
120
BTCUSDTThis is a 1D frame analysis for BTCUSDT We first analyze the weekly time frame of the market and then move on to the daily time frame. Currently, with the pressure of selling on the first resistance area and the weekly candle closing, we can consider a star follow-up candle that can give us a corrective market rise at the resistance level. However, until the price is above the yellow support line, we are in a state of flux, and you dear companions know that technical analysis can never see everything and other events can change the market trend. We first analyze the weekly time frame of the market and then move on to the daily time frame. Currently, with the pressure of selling on the first resistance area and the weekly candle closing, we can consider a star follow-up candle that can give us a corrective market rise at the resistance level. However, until the price is above the yellow support line, we are in a state of flux, and you dear companions know that technical analysis can never see everything and other events can change the market trend.
by MarsSignals
3
BTC ANALYSIS 15/7/23BYBIT:BTCUSDT.P Goodmorning people its currently 11:29am here in AUS on a fine Saturday and I've just been looking through all the charts and other things and couldn't help but notice that all Thursday's gains on BTC got eaten up. But for a trader like me we are on the way to our next support SO what to do now? what you need to do now is use your patience and focus on your self-control. Wait for the market to find this support and not just the first wait for a double or triple bttm even. this drop comes from the ripple news after a court hearing. I don't get into news at much, but I do like to know why the market dropped. Things to take out of today: *Patience for me comes in now more than ever. *Emotionally I feel tired after a night shift and a big day of trading and training! so I'll take today off to spend with my beautiful family. *Keep an eye on that 200EMA for a support (alerts) Thanks guys.
by RPMWealth-Capital
BTCUSDTHello Crypto Lovers, This is a 1D frame analysis for BTCUSDT Friends, as you can see, our previous analysis has panned out and friends had requested an update, we have reviewed the market in a lower timeframe. Currently, the price has hit our 4 hour support zone and the previous candle has closed positively which can be good news but Bitcoin is in a range where if our 4 hour support zone is completely broken we expect a pullback or maybe a high selling pressure with no possibility of pullback and move towards its support line. But let's draw a conclusion Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
BTCUSDTHello Crypto Lovers, This is a 1D frame analysis for BTCUSDT As you can see, the price is bouncing towards the resistance line of 30,000 USD. At present, if the price cannot break the first resistance line, we expect a correction to the first support line and it can complete the pullback and if the support holds and the pullback pattern completes, it can move back towards its resistance line. But due to the price compression, there is a possibility of price increase and breaking the resistance line. If you don't want to take too much risk, Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
🔥 Stablecoins Are Predicting A Massive DumpIn this analysis I want to take a look at the stablecoin (USDT/USDC) dominance. To construct this indicator yourself, simply put "(CRYPTOCAP:USDT+CRYPTOCAP:USDC)/CRYPTOCAP:TOTAL" in the symbol search area. As seen on the chart, the stablecoin dominance (the stablecoin value / all crypto value) has been steadily rising over the years. There can be a multitude of reasons for the rise, but more important in this analysis is the fact that the stablecoin dominance seems to follow a clear bullish channel pattern, where it bounces from both the top resistance and the bottom support. The stablecoin dominance is currently closing in rapidly on the bottom support. The last three times that the stablecoin dominance reached this support it always pinpointed a local Bitcoin top and signaled an incoming dump. Will this happen again in the near future? We can't say for certain, but historically we're getting very close to a moment where Bitcoin can dump. There's definitely more room to grow, but risk is on the horizon. Best case for the bulls would be that the dominance would fall through the support and continue to go down.
CRYPTOCAP:USDTShort
by FieryTrading
13