Dear Traders, Price is currently making correction in daily timeframe, in our view price can drop to 62k to 63k region where we can see strong bullish pressure coming in the market. However, it is also notable that price can just reverse from the current price area that it is trading at, as price already have been dumped once to 54k and there is no strong reason...
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the trend line and reached the support level, which coincided with the support zone and even rose higher than this level, but soon it turned around and fell back to the trend line. After this movement, BTC made a strong impulse up from the trend line, thereby breaking...
Why Trend is Not My Friend in Trading: The Impact of Futures Markets In trading, it's often said that the real money is in the futures markets rather than the spot markets. Futures markets offer higher leverage, greater opportunities for profit, and a unique set of dynamics that can be advantageous for informed traders. However, while it's wise to focus on...
The chart shows the levels to which the BTC price may drop in the coming days/weeks. Currently, we can see that the price is based on the support at the 0.382fib level at the price of $60,000. I further identified a strong support zone from $55,000 to $52,000, which is between 0.382fib and 0.618fib, taking into account two fib retracement grids and trend-based fib...
As you can see, BTC has entered a very strong resistance zone, the current upward movement looks like waves 3, which could indicate a potential rebound in waves 4 and only then an upward movement in waves 5. Overheating of the indicators is also visible on the RSI and STOCH indicators, which should translate into a healthy recovery. It is worth remembering BTC...
Hello everyone, I invite you to review the BTC to USDT chart and here we will check the situation in the one-hour time frame. It is worth starting by identifying the uptrend line from which the price broke out sideways, moving in the local sideways trend channel. Now let's move on to marking the support places. We will use trend-based Fib extension grids to mark...
A good position to buy Bitcoin or a long position with low leverage as a swing trade #BTC #Bitcoin
Hello everyone, I invite you to Tuesday's review of the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the upward trend channel from which, as you can see, the price has come out at the bottom. Therefore, at this point, you need to determine a new side trend channel in which the price is...
Hello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the interval of one day. First, we will use the blue lines to mark the downtrend channel, which the price has left with a strong downward move, while we are currently seeing a sideways exit from the downtrend line. Now we can move on to marking support areas...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with setting targets for the near future that we can take into account: T1 = 25401$ T2 = 25579$ T3 = 25806$ and T4 = 26469$ Now let's move on to the stop loss in case of further market declines: SL1 =...
An imminent market rebound is on the horizon for Bitcoin, Binance, Avalanche, and Polkadot, as stormy weather approaches the global crypto market ⛈️. However, Ethereum faces a slightly bearish market with downside risk. Over the next week, the cloudy skies predicted for Bitcoin and Ethereum signal a slightly bearish market with downside risk ☁️. Meanwhile, XRP...
Here I am with another update on Bitcoin. As the chart illustrates, all special remaining zones are mitigated and market is making a liquidity for a bullrun soon. All the position detail is fully mentioned (considering leverage required)
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. After the FOMC BTC is still hovering around the $30k level. It is forming a bull flag-like structure in 1hr time frame. If it breaks out from this bull flag then we might see another pump up to the HKEX:32 -$32.5k level. Invalidation:- ...
I have posted this idea before but it seems it has just been confirmed (for the moment) The number of days PA spent below the 50 SMA since ATH is 434 and that is identical to the PA from 2013 fter that ATH. So similar in fact that PA came back up and tested the 50 as resistance 84 days after it went under on both occasions. Not only this but PA went under the...
Correction from my first post. I dont believe my first chart was zoomed out enough to see the correction. Bitcoin hit a critical resistance earlier with a running flat extension potentially signifying that this corrective move could be over or near it very soon. Additionally, what is really interesting is that the C leg of this move is 1.5 times the length of A...
BTC yesterday broke the long range and 17500 resistance as you can see on the chart. if retest well short term bounce to 19k around looks on the way.
How I'm projecting BTC price to play with respect to Orange Ring, as well convergence with year long resistance line. something to consider... BTC always, ALWAYS, has bottomed on the same fib line (GOD LINE), where market peaked... 64K was the actual cycle top.