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Bitcoin might be setting itself up for a major pullbackSo far, the first week of 2024 carried in a rocky fashion for Bitcoin, with the price initially posting a new high and then dumping nearly 10%, only to rise again later. Currently, Bitcoin trades near $44,000, and we are starting to ponder about a shorting opportunity. With that said, we are paying close attention to the upward-sloping channel forming above another upward-sloping channel we had shown in the previous idea (also shown on the main chart). This strategy would involve entering a short position with the breakout below the channel's lower bound and placing a tight stop-loss above it while targeting $38,000 and potentially $36,000. To support a bearish thesis, we would like to see RSI, MACD, and Stochastic continue declining on the daily chart. Furthermore, we would like to see a drop in the number of Bitcoin addresses with balances exceeding 100 BTC, suggesting big players are unloading their holdings after buying a dip in the past two trading sessions. Another bolstering factor to watch out for would be the weakness in the stock market, considering the strong positive correlation between the two. We will update our thoughts on the asset with the emergence of new developments. Illustration 1.01 Illustration 1.01 displays the daily chart of BTCUSD and short trade setup, with the entry getting triggered upon a breakout below the lower bound of the upward-sloping channel and tight stop-loss above it. Technical analysis gauge Daily time frame = Neutral (no trend/weak trend) Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
8
OSMOUSD Buy the break-outOsmosis (OSMOUSD) has been on a hyper aggressive rise in the form of a Channel Up since the October 19 2023 bottom, being supported by the 1D MA50 (blue trend-line) while forming a 1D Golden Cross in the process. It has reached Resistance 1 (2.27800), the first important Resistance level on the long-term and if it breaks, we will buy the break-out targeting 5.000 (just below Resistance 2). The confirmation signal can be given by the emerging Bullish Cross on the 1D MACD, just like the December 10 2023 Cross, which initiated a +172.93% rally. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:OSMOUSDLong
by TradingShot
NTRN/USDT - Neutron Coin: BBand Breakout◳◱ On the $NTRN/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 1.3266 | 1.5528 | 1.9213 and support near 0.9581 | 0.8158 | 0.4473. Entering trades at 1.3859 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Neutron Coin ▣ Rank: None ▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Mexc ▣ Category/Sector: N/A ▣ Overview: Neutron Coin project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.3859 ₮ ▣ 24HVol: 71,803,726.309 ₮ ▣ 24H Chng: 34.475% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 1.3266 | 1.5528 | 1.9213 ◢ Support: 0.9581 | 0.8158 | 0.4473 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth NTRNUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
DASH/USDT - Dash: TD Sequential◳◱ On the $DASH/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests momentum building up for a significant move. Traders might observe resistance around 36.84 | 41.97 | 50.17 and support near 28.64 | 25.57 | 17.37. Entering trades at 29.44 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Dash ▣ Rank: 168 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Dash is a fork of Bitcoin that focuses on the payments use case. It has introduced a number of features to the industry including masternodes, LLMQs, ChainLocks, and InstantSend, which target scalability, speed, reliability, cost-effectiveness, and user experience. The Dash network is also the longest-running decentralized autonomous organization, utilizing on-chain governance to allocate network resources toward projects and organizations that support the network. ◰◲ Technical Metrics : ▣ Mrkt Price: 29.44 ₮ ▣ 24HVol: 4,321,670.410 ₮ ▣ 24H Chng: 0.65% ▣ 7-Days Chng: -10.91% ▣ 1-Month Chng: -8.13% ▣ 3-Months Chng: 9.58% ◲◰ Pivot Points - Levels : ◥ Resistance: 36.84 | 41.97 | 50.17 ◢ Support: 28.64 | 25.57 | 17.37 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: -0.79 ▣ Last 90D: 0.85 ▣ Last 1-Y: -0.24 ▣ Last 3-Y: 0.18 ◲◰ Volatility : ▣ Last 30D: 0.82 ▣ Last 90D: 0.63 ▣ Last 1-Y: 0.70 ▣ Last 3-Y: 1.07 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.40 - Bearish ▣ In-depth DASHUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
TIA/USDT - TIA: BBand Breakout◳◱ On the $TIA/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 13.9463 | 16.0131 | 19.3531 and support near 10.6063 | 9.3331 | 5.9931. Entering trades at 14.4831 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: TIA ▣ Rank: 1710 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: N/A ▣ Overview: TIA project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 14.4831 ₮ ▣ 24HVol: 161,997,152.190 ₮ ▣ 24H Chng: 18.459% ▣ 7-Days Chng: -2.32% ▣ 1-Month Chng: -26.77% ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 13.9463 | 16.0131 | 19.3531 ◢ Support: 10.6063 | 9.3331 | 5.9931 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -1.43 ▣ Last 90D: -4.38 ▣ Last 1-Y: -4.38 ▣ Last 3-Y: -4.37 ◲◰ Volatility : ▣ Last 30D: 1.65 ▣ Last 90D: 2.47 ▣ Last 1-Y: 2.47 ▣ Last 3-Y: 2.47 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth TIAUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
APT/BTC - Aptos: BBand Breakout Super-Trend◳◱ On the $APT/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00024987 | 0.00027758 | 0.00032384 and support near 0.00020361 | 0.00018506 | 0.0001388. Entering trades at 0.0002417 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Aptos ▣ Rank: 32 ▣ Exchanges: Binance, Gateio, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0002417 ₿ ▣ 24HVol: 78.934 ₿ ▣ 24H Chng: 11.004% ▣ 7-Days Chng: 7.86% ▣ 1-Month Chng: 34.88% ▣ 3-Months Chng: 94.75% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00024987 | 0.00027758 | 0.00032384 ◢ Support: 0.00020361 | 0.00018506 | 0.0001388 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 2.68 ▣ Last 90D: 2.78 ▣ Last 1-Y: 1.25 ▣ Last 3-Y: 0.45 ◲◰ Volatility : ▣ Last 30D: 1.12 ▣ Last 90D: 0.88 ▣ Last 1-Y: 1.12 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is 0.68 - Bullish ▣ In-depth APTBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BITCOIN Is a potential ETF approval already priced in?It has been almost 3 months since Cointelegraph's fake ETF approval tweet (October 16 2023), which was basically the start of a medium-term mid-Cycle parabolic rally for Bitcoin (BTCUSD) that saw it grow by +69.10% this week. Yesterday we got the first serious signs of exhaustion as the 1D candle made contact with the 1D MA50 (blue trend-line) for the first time since October 12 2023. That was also at the bottom (Higher Lows trend-line) of the long-term Channel Up pattern. Both (1D MA50 and Channel Up) held, which keeps the trend bullish for now. ** Is the ETF priced in ahead of SEC? ** Only days before the Securities and Exchange Commission's (SEC) deadline regarding its decision, the real question is, has a potential Bitcoin ETF approval already priced in on this enormous mid-Cycle rally? ** Buy the rumor, sell the news? ** Indeed that was a significant move, especially considering the fact that it took place months before the next Halving (number 4, expected this April), which is the fundamentals event that provides a supply shock in the market. Nobody knows for sure how the market will react to a potential ETF approval next week but we have seen the old 'Buy the rumor, sell the news' approach one too many times happening in situations like this. ** Next Halving is the benchmark ** It wouldn't be surprising to see a correction towards April's Halving and then accumulation towards the Bull Cycle's 1 year rally. Purely from a technical point of view, which is the only hard data we have at hand to work with, a 1D MA50/ Channel Down break downwards can start a technical correction towards the lower Fibonacci retracement levels and the long-term Moving Averages. ** Fibonacci targets and the 1W MA50 ** The first level to test would be the 0.382 Fibonacci around 37500 and then the 0.5 Fib around 35350. If the correction takes place gradually in a controlled manner and not aggressively, we can see a 1D MA200 (orange trend-line) contact by then. A more aggressive possibility can see BTC test the 0.618 Fib and the 1W MA50 (red trend-line) a little lower, which is the natural long-term Support during Bull Cycles and is currently intact (the 1W MA50) since March 13 2023. ** Bearish Divergence ** In addition to the above technical realities, we shouldn't ignore the 1D RSI, which has been on Lower Highs since October 25 2023, i.e. peaked 9 days after Cointelegraph's fake ETF tweet, trading within a Falling Wedge pattern, which with regards to the price's Channel Up, is a Bearish Divergence. But what do you think? Is a potential ETF approval already priced in, and if yes how low do you expect the price to fall? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
10
Bitcoin kicks off the New Year on a bullish noteAfter a series of bearish breakouts from the pattern resembling a triangle on the hourly chart, Bitcoin kicked off the new year on a bullish note and skyrocketed through its upper bound. By doing so, it established a new high at $45,532. Yet, despite this being a bullish development, a few things continue to ring an alarm bell for us. Last week, we noted that Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC increased in number following the dip in price. However, we have seen the opposite happening since 29th December 2023, with big players seemingly unloading their holdings into Bitcoin’s strength. While this occurrence does not necessarily warrant Bitcoin’s top, it is something to monitor in the foreseeable future. Another thing to watch out for would be an invalidation of a breakout above $44,729 and technicals on the daily chart. In the past two weeks, we have seen RSI retreat from the overbought territory and MACD reverse to the downside. Then, in the past three trading sessions, we have seen them attempting to reverse to the upside. If MACD follows through and RSI breaks above 70 points, it will bolster a bullish case. In such a scenario, we expect Bitcoin to test an important resistance near $48,000. Contrarily, the failure of the mentioned technicals to continue gaining strength will raise our concerns. All in all, our stance remains unchanged, and we will update our thoughts on the asset with the emergence of new developments. Illustration 1.01 The picture shows the hourly chart of Bitcoin and the pattern resembling an ascending triangle. Yellow arrows indicate essential developments. Illustration 1.02 Illustration 1.02 displays the daily graph of Bitcoin and simple support/resistance levels. Technical analysis gauge Daily time frame = Neutral (no trend/weak trend) Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
48
IMX - Potential 430% Swing LongJust a late-night brain dump. I've been trading IMX and WOO for the past 6 months almost everyday and noticed they respect my strategy in similar fashion - so i wanted to look for a correlation between their price action. To my limited FA knowledge, they don't have anything in common at all, but that doesn't matter at all. With fractals, I don't care too much about the internal moves, but mainly pay attention to the swing points. It's pretty straightforward and an easy 430% win at worst if you just sit on your hands for 8-12 months. Could be a lot better if you'd take profit and compound them in between, but sometimes that doesn't end well. Let's see how that plays out.
BINANCE:IMXUSDLong
by cryptokebab
5
MKRUSD Channel Up top hit. Pull-back expected.We last looked into Maker (MKRUSD) 4 months ago (see chart below) where we called for a buy that eventually hit our 1600 target: This time we are making a sell call as the price hit the top of the 5-month Channel Up. Our target is just above the 0.618 Fibonacci retracement level at 1500, which has been the pull-back level of the last two medium-term corrections within the Channel. It is likely that the market tests the 1D MA200 (orange trend-line) there, before it rebounds aggressively for the 2024 parabolic rally. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MKRUSDShort
by TradingShot
$SFUND looks to have bottomed againThe following is not the type of investment that we incorporate into ROW PARTNERS. However, I like #cryptocurrencies & seek smaller coins outside of the top 10. Why? they tend to deliver the biggest returns in bull markets. These can easily show 10 - 30x returns with some doing more than that. If you'd like to see these kind of posts please visit our profile page. Here's a taste... --- Those following us for some time now know that we're advocates on always taking some sort of profit after big runs. AM STILL HOLDING $SFUND! Up 5x atm & don't see reason to sell! Only issue with #SFUND is the Fully Diluted Mkt Cap. Going to keep an eye on unlock dates. IF THEY THINK IT GOES HIGHER, they won't sell & unlocks don't always mean they are selling. #altcoins
by ROYAL_OAK_INC
Insights into Bitcoin Futures as 2024 brings new regulations inIntroduction to Bitcoin Futures Bitcoin Futures represent a significant intersection of traditional financial markets and the innovative world of cryptocurrencies. They allow traders to speculate on the future price of Bitcoin, providing a way to hedge against price volatility or to profit from price movements. As we step into 2024, the potential approval of spot Bitcoin ETFs is poised to further transform the landscape for Bitcoin Futures. The Impact of Spot Bitcoin ETF Approval Spot Bitcoin ETFs are directly tied to the current price of Bitcoin (spot price). Their likely potential approval by U.S. regulators could have substantial implications for the Bitcoin market. Firstly, it's expected to increase market liquidity by providing an accessible avenue for traditional investors to enter the cryptocurrency space. Secondly, it could lead to greater price stability and potentially higher prices due to increased demand. However, it's also important to consider the potential risks, such as amplified market reactions to regulatory news and changes in the underlying asset. Parallel Analysis of Other ETFs To understand the potential impact of a Bitcoin ETF, it's instructive to look at the introduction of other commodity and currency-based ETFs: GLD (Gold ETF): Following the introduction of GLD, which is linked to COMEX Gold Futures (GC), the gold market saw increased liquidity and interest from new investor segments, contributing to significant price rallies. GLD Performance Chart SLV (Silver ETF): Similar to GLD, the introduction of SLV, linked to COMEX Silver Futures (SI), led to increased investor participation and price movements in the silver market. SLV Performance Chart FXE (Euro ETF): Linked to CME Euro Futures, FXE provided investors an easy way to gain exposure to euro currency movements, affecting trading volumes and price volatility. FXE Performance Chart USO (WTI Crude Oil ETF): Tied to NYMEX WTI Crude Oil Futures, USO's introduction affected the oil market by providing more access and potentially contributing to price movements during significant market events. USO Performance Chart Historical Implications for Bitcoin The history of these ETFs suggests a pattern: the introduction of an ETF could lead to increased market participation and, often, significant price movements. For Bitcoin, the approval of a spot ETF could similarly increase market participation and price volatility, at least in the short term. Over the long term, it could help stabilize and mature the market as more institutional investors get involved. Forward-Looking Insights Given the potential approval of spot Bitcoin ETFs, traders and investors in Bitcoin Futures might expect several scenarios. An immediate increase in volatility could be likely as the market adjusts to the influx of new participants. Over time, we might see a more liquid and stable Bitcoin market. Planning for a Risk-Defined BTC Opportunity: Risk Management : Experienced traders prioritize risk management. Using stop-loss orders or hedging techniques is imperative to avoid undefined risk exposure. Precision in Entries and Exits : Aligning entries and exits with relevant market price levels can help manage risk. When a price point generates a bounce, the trader stays in the trade; if a price level is violated, the disciplined action is to exit the trade promptly for a predetermined loss. Relevant Price Levels for BTC : Currently, BTC shows relevant resistance levels starting at 51,585 and support between 39,640-34,295. Proposed Trade Plan: ENTRY: 39,640 STOP-LOSS: 34,295 TAKE PROFIT TARGET: 51,585 This trade plan offers a 2.23 Reward-To-Risk ratio, providing a structured approach to capitalizing on potential market movements. In order to manage risk and use the right contract size, traders need to take into consideration the Point Value for BTC Futures being $25 per point. Traders should prepare for both the opportunities and risks this change could bring, considering strategies that allow flexibility and risk management. Conclusion The potential approval of spot Bitcoin ETFs in 2024 is set to make waves in the Bitcoin Futures market. Drawing parallels from the history of other ETFs, we anticipate increased market participation and potential price movements. As we navigate this evolving landscape, staying informed and adaptable will be key to capitalizing on the opportunities and navigating the challenges ahead. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes, forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME:BTC1!
by traddictiv
AERGO/BTC - Aergo: Resistance Breakout◳◱ On the $AERGO/ CRYPTOCAP:BTC chart, the Resistance Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.00000368 | 0.00000386 | 0.0000042 and support near 0.00000334 | 0.00000318 | 0.00000284. Entering trades at 0.00000352 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Aergo ▣ Rank: 459 ▣ Exchanges: Binance, Kucoin, Hitbtc ▣ Category/Sector: Infrastructure - Enterprise and BaaS ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000352 ₿ ▣ 24HVol: 1.081 ₿ ▣ 24H Chng: 0.571% ▣ 7-Days Chng: 2.64% ▣ 1-Month Chng: -14.75% ▣ 3-Months Chng: 52.77% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000368 | 0.00000386 | 0.0000042 ◢ Support: 0.00000334 | 0.00000318 | 0.00000284 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: -1.61 ▣ Last 90D: 2.29 ▣ Last 1-Y: 1.09 ▣ Last 3-Y: 0.91 ◲◰ Volatility : ▣ Last 30D: 0.58 ▣ Last 90D: 1.19 ▣ Last 1-Y: 0.84 ▣ Last 3-Y: 1.33 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.58 - Bullish ▣ In-depth AERGOBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
A
by Crypto2AF
BEAMX/USDT - : TD Sequential◳◱ On the $BEAMX/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.022337 | 0.025321 | 0.031073 and support near 0.016585 | 0.013817 | 0.008065. Entering trades at 0.0173 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: ▣ Rank: N/A ▣ Exchanges: Binance, Huobipro, Gateio, Mexc, Hitbtc ▣ Category/Sector: N/A ▣ Overview: project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0173 ₮ ▣ 24HVol: 8,405,476.208 ₮ ▣ 24H Chng: -7.437% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 0.022337 | 0.025321 | 0.031073 ◢ Support: 0.016585 | 0.013817 | 0.008065 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth BEAMXUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
LTC/USDT - Litecoin: Falling Wedge◳◱ On the $LTC/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 74.14 | 77.16 | 83.25 and support near 68.05 | 64.98 | 58.89. Entering trades at 73.24 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Litecoin ▣ Rank: 22 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin. ◰◲ Technical Metrics : ▣ Mrkt Price: 73.24 ₮ ▣ 24HVol: 47,073,976.056 ₮ ▣ 24H Chng: -4.086% ▣ 7-Days Chng: 1.27% ▣ 1-Month Chng: 5.74% ▣ 3-Months Chng: 7.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 74.14 | 77.16 | 83.25 ◢ Support: 68.05 | 64.98 | 58.89 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: 1.57 ▣ Last 90D: 1.19 ▣ Last 1-Y: 0.42 ▣ Last 3-Y: 0.26 ◲◰ Volatility : ▣ Last 30D: 0.46 ▣ Last 90D: 0.43 ▣ Last 1-Y: 0.66 ▣ Last 3-Y: 0.93 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth LTCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
LINK/USDT - Chainlink: Falling Wedge◳◱ On the $LINK/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 16.264 | 17.265 | 19.582 and support near 13.947 | 12.631 | 10.314. Entering trades at 15.259 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Chainlink ▣ Rank: 16 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Services - Data Management ▣ Overview: Chainlink is a decentralized oracle network. It aims to serve as a middleware between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. ◰◲ Technical Metrics : ▣ Mrkt Price: 15.259 ₮ ▣ 24HVol: 75,890,616.439 ₮ ▣ 24H Chng: -4.917% ▣ 7-Days Chng: -2.66% ▣ 1-Month Chng: 5.93% ▣ 3-Months Chng: 89.72% ◲◰ Pivot Points - Levels : ◥ Resistance: 16.264 | 17.265 | 19.582 ◢ Support: 13.947 | 12.631 | 10.314 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 0.96 ▣ Last 90D: 3.18 ▣ Last 1-Y: 1.59 ▣ Last 3-Y: 0.58 ◲◰ Volatility : ▣ Last 30D: 0.85 ▣ Last 90D: 0.93 ▣ Last 1-Y: 0.75 ▣ Last 3-Y: 1.09 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.74 - Bullish ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.50 - Bullish ▣ In-depth LINKUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BITCOIN The Ultimate Pitchfan Cycle AnalysisBitcoin (BTCUSD) has seen a significant mid-Cycle growth in the past 2 months, approaching the pivotal 50k level. Technically a break above the 48.5k Resistance, constitutes the beginning of the Parabolic Phase of the Bull Cycle. There isn't a better way to illustrate this transition than the use of the Pitchfan tool. Rarely used on BTC analysis and even more so on the long-term Cyclical patterns, it displays as you can see a very accurate illustration of the Cycles and specifically the stage we are currently at. Every Resistance break-out usually takes place around the Halving event, which is the fundamental that typically signals the start of the rally to a new All Time High (ATH). The market is only 4 months away from this event and based on this every pull-back to the 1D MA50 is a buy opportunity to Dollar Cost Average (DCA). So what do you think? Do you expect a Bullish Break-out into the new Parabolic Rally soon? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
9
A pattern resembling triangle arisesIn a previous article about Bitcoin, we discussed how it has been struggling to move higher since early December 2023. Additionally, we outlined a few bearish developments on the daily chart and emphasized the weak trend. Currently, we are paying close attention to the pattern resembling an ascending triangle on the hourly chart. A breakout above the upper bound of the pattern will bolster a bullish case and potentially lay the path for Bitcoin’s continuation to $48,000. Contrarily, a failure of the price to break through the upper bound will dampen the odds of a continuation higher; the same applies to the distortion of the pattern. However, considering that the number of Bitcoin addresses (with balances exceeding 100 BTC and 1,000 BTC) ticked higher following the dip in the price, it looks like big players might be positioning themselves for another move up. As a result, our stance remains unchanged. Illustration 1.01 Illustration 1.01 shows the daily chart of BTCUSD and the upward-sloping channel. The price’s return within the channel remains a real possibility, especially if the price breaks to the downside from the pattern we showed on the hourly chart. Technical analysis gauge Daily time frame = Slightly bearish (no trend/very weak trend) Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSD
by Tradersweekly
5
VET/USD Secondary trend. Wedge. Pivot zones.The secondary trend. Logarithm. Time interval: 3 days. Secondary trend ⁣— downward wedge. Local trend⁣ — a potential double bottom in the case of holding the existing support. Decrease from the price peak -91%. Profit from the average price of the last accumulation +320% at the moment. Short work. I would like to point out that the coin, unlike many cryptocurrencies, is in substantial profit. In case the existing support breaks through, there is a prospect of shorting to the designated reversal zones. Work in the long. I have marked the reversal zone support levels and percentage of them to the resistance zones. Linear chart. Time frame is the same. Local area of double bottom 40% Major trend. Time frame 1 week. VET/USD Main trend.Accumulation/distributionPivot zones
BINANCE:VETUSD
by SpartaBTC
3
Daily chart is starting to turn slighlty bearishAfter establishing a new yearly high on 8th December 2023, Bitcoin has been struggling to move higher. In addition to that, technicals on the daily graph began to reflect the loss of bullish momentum and started to turn bearish. Simultaneously, this has been accompanied by an ongoing decline in the number of Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC (in the latter group, the decline is less pronounced, though). Besides that, Bitcoin’s market dominance has declined rapidly since around 6th December 2023. All these developments are slightly concerning and raise the odds of a significant correction. Nevertheless, our stance has not changed, and we will continue to observe the market from the sidelines. Illustration 1.01 The picture above shows the daily chart of BTCUSD and RSI. The green and red arrows highlight the divergence between the price and RSI. Illustration 1.02 Illustration 1.02 displays the daily chart of BTC.D (Bitcoin’s market dominance). Illustration 1.03 Illustration 1.03 portrays the daily chart of BTCUSD and simple support/resistance levels derived from past peaks and troughs. Technical analysis gauge Daily time frame = Neutral Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
2