Onto 6 figures high; halving around the corner.. Bullrun is HereBig drop supposed to happened and I thought so too but what happened?
BlackRock saved Bitcoin and other companies as well thanks to the ETF spot is in and approved otherwise Bitcoin would’ve be in the huge crash by now.
Bitcoin just went almost 80% gains all together for this month including the ETF.. but I did saw everybody post but Bitcoin crash when? Supposed too but Bitcoin got lucky and saved.
Now 65K climbed record high; does this mean a bullrun ? Should you buy? If you bought Bitcoin inside 16K you should’ve stayed in.. the last chance to get in was 60-65K so apparently 3 chances you get .. buy in 16K-35K, 40-55K and lastly 60-65K those are ranges chances to buy.. if it boost over 70K then your really are late and missed the opportunity of the lifetime. No need to buy all in.. can go 25$ or couple hundreds or thousands.
Remember use your proper bankroll management ; buy it in one time.. not multiple times because otherwise your gambling.
Buy it before your late.. sell the high to keep your profit inside 200K area.. don’t be greedy like the others. Buy it, hold it, new all time high hits.. big drop coming then that’s the part you sell the high and keep your profit and secured. Simple as that.
Buy bitcoin and sell at the new all time high
( DONT BE GREEDDY ; DONT GAMBLE )
Bullrun
BTC This cycle might actually be different.Bitcoin this cycle looks completely different than any previous one. We have never in the past gone up so high before the halving. There is no saying what BTC will do if we brake ATH pre-halving. Also the price mostly is driven by retail and ETF's no institutional buys yet. Google searches for "BTC" "Bitcoin" "Crypto" is still almost at all time lows.
When we try to chart, from now on DO NOT LOOK AT THE PAST CYCLES. It will mislead you.
Also indicators will try to screw us soon, so focusing on using more advanced tools than basic RSI will be needed. One advice - Learn to you Bookmap to understand what and how to follow BTC on there.
Makes and Breaks Level for BTC in Monthly Timeframe!!Technical analysis:
#BITCOIN (Monthly update)
* BTCUSD is trying to break the Raising wedge Pattern resistance in Monthly timeframe.
Bitcoin Bulls need to Reclaim the 66k Horizontal Resistance for further Upside movement ..
*BTC is now the most important zone right now, its makes or breaks level for bitcoin. if BTC doesn't break out may reach the 40k level again.
* RSI above 70 means bulls are in the upper hand, it will take the momentum from here and still have room to go upside..
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Xrp appears t be breaking up from a 4hr timeframe invh&sAs always with any timeframes under the 1day, the reliability of chart patterns playing out starts to reduce the smaller and smaller the time frame you go to but the 4hr does seem to validate its fair share of chart patterns often enough to take this 4hr inverse head and shoulders serious. If it can reach it’s full target it will climb to 59 cents here Ithink the next few days to a week or two, however we can see the pump is currently running into some long standing resistance that it may take quite a few retests on before it can break through those and head to the full target. The good news is, in reaching the full 59 cent target by breaking above the current resistance, we will likely also trigger/validate the breakout of a much bigger higher time frame chart pattern or 2 that should hopefully create a domino effect and send price soaring in the near future. *not financial advice*
$FLOKI Ready to Breakout?!On higher time frames GATEIO:FLOKIUSDT looks like it is priming for a big move
Weekly: in December we ran to 4000 and then pulled back, last two weeks have discovered a "higher low" and look the be setting up to take 4000+
Daily: Have a nice flag that looks to be breaking the 3440 resistance level. Had a pullback Feb 17th that held, printed a hammer candle and looks to be following through now.
4H: Looks to be closing above the 3440 resitance level which could lead to a big candle
Vol: would like to see more volume on this ticker, would solidify some social backing behind the token
EMA: strong ema support down to 3000, if we fail and price heads back towards those levels, its not a bad long for some orders.
Plan:
Entry: I'm in at 3399 for an initial swing position. This is a tough lvl and fails often so be comfortable holding through a 5-8% down turn. I would like to add on a break of 3400 with confirmatory candles/volume.
SL: will ideally hold unless we dump/break 3050 range (EMA support range)
TP: initial target 3900-4000
*if we continue to see $ flow into cryptocurrencies FLOKI could explode again, no reason you cant get 70-120% if thats the case.
$DOGE prepping for a huge run?!?BINANCE:DOGEUSDT CRYPTOCAP:DOGE looks primed for a run on all time frames.
$0.082-0.083 has been a strong resistance level with multiple rejections since January 2024. Closing above this level on the 4h/D charts imo should usher in $0.085-$0.090 quickly, and then $0.10.
Price has been rejected hard at this level, so trying to scale in to position.
I am long at $0.0831 and will scale in from here, I want/need to see a 1h/4h candle close above resistance level with some prominent volume for more confidence in the move. SL: level looking below $0.08. PT: $0.09 area to start scaling out.
BINANCE:ETHUSDT and BINANCE:BTCUSDT have been running hard for a week now, setting up the alts/other major crypto players for their moves.
what other crypto's or alt coins are you guys watching for a big move???
Also been watching BINANCE:RNDRUSDT
Current 15m chart:
26/02/24 Weekly outlookLast weeks high: $52994.8
Last weeks low: $51757.7
Midpoint: $50520.6
Another big week in the world of crypto! As predicted BTC has been ranging consistently between the local high of 53k and the support of 50k . Since Bitcoin has been moving sideways we have seen profits rotating into ETH sending it above 3K and the broader altcoin market. We see this regularly in market cycles as capital trickles down the market cap leader board. Now it seems the ETH/BTC pair is looking more bullish we could potentially see further chop for BTC as it builds a base for the next leg and allow alts to play catch up for a short time.
This week I believe there may be some buying opportunities as some of the indicators reset and the key moving averages help to support price, the 4H 200EMA being the key one for altcoins. Bitcoin remains bullish over the 48K level, under that and I think we see a flush/ deleveraging event going into the halving which is less than 2 months away now. We have seen a few times recently just how quickly the market panics when BTC moves even a few % in the negative direction. Exercising caution and protecting funds are so important as the Bullrun is just beginning.
MEGA VOLUME FOR GRT (THE GRAPH) $0,22 TARGETThanks for reading this update, remember that this is not trading advice.
We did follow GRT by the previous update since $0,11
We expect that this coin can become one of the coins with a bullrun effect that can gain to $0,22 in the coming time. we will update this chart soon with more data.
BITCOIN NEW All Time Highs Soon!!!Value Area High of previous bullrun has officially been broken through!!
There's not too much left stopping Bitcoin from reaching ATH's!
Let The Fun Begin!
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CELESTIA (TIA)Celestia is a project I am keeping a close eye on and is one of my favourite picks for the next 12-18 months.
"A modular data availability network making it easy for anyone to launch their own blockchain without needing a validator set. Modular blockchains specialize and optimise to perform a specific function instead of one blockchain doing everything. The specialization of these new modular blockchains allow for breakthroughs in scalability, flexibility and interoperability enabling developers to build blockchain applications for mass adoption."
This new way of approaching blockchain development and the appeal to users will no doubt make TIA a very valuable token. Having only released in Q4 of 2023 Celestia is yet to experience a full Bullrun and is currently looking to target it's ATH that was set just over one week ago.
Since price discovery is not too far away this is very bullish for the token, the lack of any previous resistance areas, traders who are looking to get back to breakeven to sell their position do not exist as everyone who has invested is in profit during price discovery.
In terms of HTF entries the 4H 200EMA has consistently proven to be strong support in all of TIA's history. We recently bounced off of this level which coincides with the 0.75 line while breaking the LTF downtrend soon after. TIA hasn't seen the double digit price moves that other altcoins have experienced over the weekend but it looks like we could see that this week. I would like for price to continue within this channel working up to the local high.
Clear invalidation would be the loss of the 0.75 level as that would be under the 4H 200EMA as well as out of the bullish channel, price would have to be accepted at this level and not just a flash crash wick.
Naturally a lot of the altcoin markets strength is tied to BTC maintaining's its strength too so any early signs that BITCOIN is weakening would also apply to TIA.
BIGTIME LONG POSITION ENTRY : ENTER AT $0.3565IT's BIGTOE.. BIGTOE IS COMING!
Don't have much time, so I'll keep it brief..
Been waiting a long time for this one..
Thanks to @omnbome for calling this one.. Nice work..
Simple setup:
Safe entry represented by the dashed lines and circle with the thin stroke.
Likely bottom is the fat-a55 bigger one.. From there it should turn into a white-knuckle ride pretty quickly..
Or nothing will happen for another month while I dehydrate and get even more pruny..
BINANCE:LTCUSDT | +500% Profit potential in the bull run On 1W chart LTC is consolidating in the support zone and this consolidation is good for the next trend of the LTC in the bull market.
This is a good place to buy some LTC and hold for the long period and sell it during the upcoming bull run
Allocate only small portion of your overall investment portfolio for this. Preferrably less than 0.5%
Regards,
VectorAlgo
BTC Retest to $50k zone & then rides wave 5 to $57k +Bitcoin is exhibiting signs of convergence, marked by the formation of a bull flag alongside an Impulsive Elliot Wave, suggesting a potential rise in price action towards the $57,000 region. Additionally, the presence of a Fractal pattern hints at a significant pullback following the completion of this sequence.
BTC and ETH Leading the bull chargeI am closely watching BTC and ETH for the run-up in 2024. I prefer to invest my money into ETH and stake for Steth or ETH rewards from Lido or Gemini. Currently, look at new targets at 1.618 for both charts.
This is the beginning of the real upside before seeing any downside. Accumulating ETH at these levels. No one is watching Ethereum as much as BTC and some altcoins, so it's an excellent asset to accumulate.
In the past years, watching the relationship between BTC and ETH market caps, ETH usually stayed at least 50% of BTC's market cap. This is not to say that it can match the trend completely because the market cap changes over time, but if ETH is going to stay number two, it will need to widen the cap between the market cap of #3.
19/02/24 Weekly outlookLast weeks high: $42846.80
Last weeks low: $50286.30
Midpoint: $47725.79
BITCOIN has finally done it! BTC has flipped the all important 49K S/R level and has had a week of confirmation meaning 49K is now major support and a new trading zone has been entered.
Last week we saw BTC continue the rally that started the week previously with a near linear move up towards the resistance level, now the chart shows at the 0.25 level price broke through that level and had a successful retest followed by a further push up towards just shy of 53K . This price action initially took capital and interest away from the altcoin market, however now that we have some sideways chop as BTC establishes a base for which it can push towards the halving and ATH, some of those profits have now cycled through to ETH and the altcoin market with some double digit returns across the board.
All this price action is very bullish from a TA standpoint along with the FA side of things with BlackRock now owning MUN:10B + in BTC for their ETF the sell pressure has definitely dropped and with the halving fast approaching the supply will drop even more.
For this week I would not be surprised if we see a revisit of the midpoint ~$50K area and continue ranging for a little bit while altcoins rally and play catch up. In particular the AI coins have shown particular strength and I do think this category of altcoins will outperform a large portion of the market. I would begin to get worried if we see BTC fall back below the 49k range although the longer we stay at the current level I think the less likely that is to happen.
ETH - Be Careful - OverBought Zone Ahead 🛑Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #ETH.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
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~Rich