Bitcoin, A long term overview!Let's take a look at Bitcoin in 1D chart, a long term overview of the possible bitcoin moment for upcoming weeks.
Recently Bitcoin is showing more bullish momentum and everyone is optimistic towards the bull run. However as we have seen the past, a proper bull run starts after the Bitcoin halving. Whatever the momentum that we are seeing now is just a preparation for the real bull run which is expected after the bitcoin halving (which is expected around April 2024) and we are going see new ATH for bitcoin in end of 2024 or beginning of 2025
Let's see what we can expect in the upcoming weeks.
As expected we can see some consolidation of the bitcoin pricing around the current resistance around 27-30K. Breaking 30k barrier will add some positive sentiment to the market and we can expect some consolidation after breaking 30k.
If the positive sentiment continue we can expect bitcoin to rally towards it's next major psychological resistance of40K.
I believe run from 30K to 40K will be a smoother one and should be achieved within a month.
Overall i'm bullish on the overall bitcoin pricing expecting it to reach 40K within next 4-8 weeks.
Once we reach 40k, it's hard to reach 50K barrier and we can some downtrend after that.
For now let's wait and watch for 40k target and enter some low leveraged trades on Bitcoin with Stoploss around 23k range.
Cheers!
Bullrun
BTC/USD 3-Day Chart - Bitcoin could surprise everyone. BTCUSD INDEX 3-Day chart the first key level resistance is $ 25.3k, was Bitcoin's first test. Our breakthrough candle was on March 17, we are trying to print our confirmation candle. We have not confirmed that we have passed our first test, still 2 days left for confirmation candle to close.
We have a bigger test and more important key level which is around $ 28.4k, this is very strong resistance, stronger then our previous test. Confirmation of $28.4k as a support will officially be start of a bull run.
We can also see a bearish divergence forming on RSI as BTC headed to the most important resistance level, indicates we might get rejected from this level and come back to conquer later some time eventually.
BITCOIN Looking to close the Weekly above the 200 SMA!Bitcoin in the last week put in a massive move! More weighted towards the $ pumped into saving the failing banks....
Will the FED Pivot and stop Rate Hikes? This is gonna be the big QUESTION of the week come this Wed, be prepared for the decision... <---
This close today above the 200 SMA can be the catalyst to move BTC higher and head towards $48K - $50K... That's if BTC does bot dump down below $25k before the close of today...
Bitcoin always surprises you!
Its gonna be an interesting week...
Good Luck Out There!
Bitcoin new bull-trend is just begins!!#BTC Weekly Chart
Falling Wedge Breakout and Retested are done 👍✅
BTC is above the Both MA's( 21MA & 50MA) after 9- months and RSI at 65 is also giving us some momentum from here.
Now Bulls need to break the 31k level for confirmation the new bull-run!!
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
Major Resistance and ConfluencesBTC currently around $27k
Bullish case:
-Price above 200w SMA and 200d EMA (purple)
-Shorter EMAs pointing up (bullish momentum). (soft pink and pink)
-Price and moving averages above Bull Market Support Bands (red/green band)
-Log Scale downtrend breakout (orange dashed line)
-Possible new macro-uptred?
Bearish case:
-Major resistance to be broken around $30k (red area)
-Price stopped exactly at 800d EMA (gray line)
-big bearish divergence on Daily
-pumped too hard in too fast (fomo buys, no strong foundation to support the rally)
-needs to previous resistance to confirm new support (white area) which would also confirm the orange dashed downtrend to have flipped support
Stay away from futures in coming days (BTC) correction phaseHi there!
CT talking about $1 million per BTC in the next 90 days was a logical sign for me to stay flat and off exchanges.
I'm ready to buy the dip when 90% will be full beartard mode calling for $12,000 like capo again.
No rush to make it, slow and steady wins the race.
AGIX 3 HR - Looking nice right about now!AGIX - Do Not sleep on this crypto! This is an AI Coin... <---
Breakin out above key resistance!
With the looks that the FED is gonna have to Pause and Pivot... maybe.... maybe not.... LOL!
#NotFinancialAdvice
But the #Crypto market has been getting some good Volume! Go where the Money is flowing!
Check out this coin on Coinmarketcap. DYOR
Good Luck Out There!
Ethereum -> More Bullish MovesHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is currently breaking above a quite obvious previous weekly resistance area which is exactly at $1700.
You can also see that we are approaching the next resistance at $1900, so I do expect a short term rejection towards the downside to retest the previous $1700 resistance, now turned support, and then from there I think we will see the next impulse towards the upside.
On the daily timeframe you can also see that everything looks extremely bullish, I am now just waiting for a retest of the $1700 support and some bullish confirmation before I think we will see the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Mini Bullrun will be over soon !!Here are my considerations :
- CME GAP at 27.3K-28.7K is about to close
- Closing CME GAP will catch the GoldenPocket
- Leaving CME GAP at 20.3K-21.1K
- Has a Bearish Divergence
- WMA is already in DeadCross
- Still moving within the BearFlag Channel
Keep Rescanning and DYOR
ETHUSDT Ready To Takeoff!ETHUSDT Technical analysis update.
ETH currently trading at $1680, ETH formed a triangle pattern in the day chart if the price breaks the triangle resistance line then we can expect a good up move. before the breakout, we can expect a consolation between 1600 to 1700 level.
Buy zone: Below $1690
Stop loss : $1560
Take Profit 1 : $1780
Take Profit 2 : $1940
Take Profit 3 : $2161
Take Profit 4 : $2600
Max leverage: 2x
Always keep stop loss
Injective Protocol Analysis [November 7, 2021]The picture explains it all.
AB = CD pattern is telling take profit around $20 zone.
FIB is telling take profit around $22 zone.
Feel free to comment.
Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.
Bulls takeover early postpone big correctionHello everybody. The situation develops dynamically.
Expected correction seemed to be less serious than expected. But - the paranoid people leave longer.
We have concluded 10D cycle without going further into lower values. The upper trend that is underlying has pushed the chart upwards, which led to update of waves' phasing.
For this moment we expect to see farther upwards move as next 10D cycle is starting just today. We should notice a nice move up next 5 days.
The correction seems to get postponed. After 5th march we should see time for a little breath just to get the final attack between 10-20th march.
The BIG Bitcoin Video Update!!! 25K or BUST!Conquerors! It has been a while since I made a tradingview update. I decided to make my newest video update here so everyone has the ability to see it. BTC has been in consolidation now for 9 FULL months (resistance 25k, support 16k). We have had the ability not to turn 25k into support, and we still have a chance too. Watch the video to find out why 25k is SO important. Crypto is in very interesting times and I am hoping for a new bull run but the economy and other markets give me reason to believe it will be difficult. Still, we have a chance for this, I want to keep us all updated. Have a great weekend everyone!
BTC Bull Run Before 2024 Halving. BTC New Cycle Now?I'm long term bullish on crypto, and I'm happy for this new year pump. Congrats to those who placed longs at $15K, you should take some profits off the table now.
Why? Because we're not out of the woods yet. If you read my previous BTC analysis, I've already mentioned that I'll consider BTC has reversed if it manages to break and close above Ichimoku Cloud at $32K, or at least above all EMAs at $28K, to hint a start of a new cycle. As much as I'd love to see $300K BTC, chances are, that ain't happening this year.
Technical Analysis - Weekly Time Frame:
- BTC is still below EMAs and Ichimoku Cloud
- 20 and 30 EMAs are already below 200 EMA, 50 and 100 EMAs are about to cross below 200 EMA - Death Cross
- Heikin Ashi has shown a reversal pattern which will be confirmed by this week's candle close
- RSI was oversold in November - 2022 lowest low at $15,476, now it's been moving up sharply like January last year and is about to cross middle line upwards, hinting that there's still room for upward movement
- RSI was oversold and high bearish volume on Nov 7th when BTC made a new lower low, signaling a potential bottom
- All Strong Supports(Green) and Resistances(Red) are shown in the chart
- A break and close above or below these key levels with high volume comparable to Nov 7th has a high chance to lead BTC to its next key levels/zones
Fundamental Analysis:
- FED is cooling down with interest rate hike, but a pause is not a pivot
- Overall Macros are still the same, no significant change on the big picture
- Most of BTC's circulating supply has not moved for almost 2 years, BTC price can easily be manipulated
- Black Swan potentials: Mt.Gox BTC selling pressure, DCG/Genesis/Binance collapse, USDT/other stable coins depeg, SEC cases, new crypto regulations, geopolitics
It's better to wait for some sort of confirmations every time BTC reaches a key level, to determine the direction it's going next
While technical indicators are good, one bad fundamental news is all it takes to crash BTC
Be Careful.
Not a Financial Advice ;)
Astroswap a sleeping giant for 2025 bullrunAstroswap is a decentralized exchange on top of the Velas blockchain. Astro will eventually migrate to the Cardano (ADA) protocol in the near future at some point. As you can see by the trendlines from the previous price action we have three key prices to target; $0.048, $0.22, and the all-time high of $0.52. Coincidentally this $0.52 sits right at the high of the beam bands. Could Astroswap move back to its all-time high? Well, once they migrate over to the Cardano network it will be interesting to test this theory. Only time will tell but before this milestone is achieved we need to break through these two trendlines first and then we challenge the all-time high.