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Cryptoforecast

BTC ☁️ 24 Hours - Bearish Trend; Rebound In One Week?Mixed trading conditions ahead on the global crypto market, with Bitcoin facing ☁️ cloudy bearish skies with downside risk while Ether should benefit from some slightly bullish sun with upside potential in the next 24 hours. 🌤️ Over a one-week horizon, the trading conditions remain mixed, according to ATTMO. Slightly bullish sun will shine on Bitcoin, Cardano and Avalanche 🌤️, while Ether, Ripple’s XRP and Binance Coin will face ☁️ slightly bearish clouds. Polkadot may even face 🌧️ rain, signaling a very bearish market with downside risk.
BITSTAMP:BTCUSD
by ATTMO
XRP ☁️ 24-Hours Ahead - Downside Risk; Bearish TrendMixed trading conditions ahead for the global crypto market, with Bitcoin, Ripple, and Binance Coin facing slightly bearish clouds in the next 24 hours. ☁️ Ether, Cardano, Avalanche, and Dogecoin bask in slightly bullish sun. ☀️ However, Litecoin and Polkadot endure the crypto storm 🌧️, signaling a very bearish market with downside risk. Over a one-week horizon, the outlook remains cloudy ☁️ and rainy 🌧️ for most cryptocurrencies, with Bitcoin and Polygon as the exceptions. They should both enjoy a slightly bullish sun ☀️, indicating an upside potential. Follow us for more crypto weather reports!
by ATTMO
BNB ☁️ Downtrend for the next 3 days? Mixed trading conditions ahead for the global crypto market, with Bitcoin, Ripple, and Binance Coin facing slightly bearish clouds in the next 24 hours. ☁️ BNB downtrend continues for the next 72 hours. Ether, Cardano, Avalanche, and Dogecoin bask in slightly bullish sun. ☀️ However, Litecoin and Polkadot endure the crypto storm 🌧️, signaling a very bearish market with downside risk. Over a one-week horizon, the outlook remains cloudy ☁️ and rainy 🌧️ for most cryptocurrencies, with Bitcoin and Polygon as the exceptions. They should both enjoy a slightly bullish sun ☀️, indicating an upside potential. Follow us for more crypto weather reports!
by ATTMO
ETH - Rebound Soon? 🌦️Cloudy ☁️ and rainy trading conditions 🌧️ lie ahead for the global crypto market in the next 24 hours, signaling a bearish trend with downside risk for most cryptocurrencies. Ether faces an even stronger downward trend, indicating a likely rebound in the short term. 🌦️ Over a one-week horizon, the bearish trend continues for most cryptos, with Bitcoin being the notable exception. A slightly bullish trend with upside potential is likely for the largest cryptocurrency, according to ATTMO. 🌞 Follow us for more crypto weather reports!
BINANCE:ETHUSD
by ATTMO
LTC Under Pressure 📉, 24H & 1-Week Horizons Cloudy ☁️Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Litecoin, Ethereum, Cardano, Uniswap, and Polkadot may come under pressure. Chainlink bucks this negative trend and has upside potential, according to ATTMO. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe, except for Bitcoin, Polygon, and Chainlink. Slightly bullish sun ☀️ will shine over this trio, indicating a possible upside in their prices. Follow us for more crypto weather reports!
by ATTMO
MATIC Faces Rain 🌧️, Next 24 Hours Bearish Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Polygon, Ether, Cardano, and Polkadot may come under pressure. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show. Follow us for more crypto weather reports!
M
by ATTMO
ADA Under Pressure - Next 24 Hours Bearish - Storm Ahead ⛈️Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Ether, Cardano, Polygon, and Polkadot may come under pressure. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show. Follow us for more crypto weather reports!
by ATTMO
ETHUSDETHUSD Thoughts On the ether chart, we observe uncertainty, as well as on all market assets in principle. The chances of going up or down are literally 50/50. I would refrain from trading ETH for now, because I don’t really like such situations. But for those who trade, I will highlight the main theses on the chart: The blue lines indicate the nearest targets in case of a breakout of the chart up. These are the levels: $2113 - $2271 - $2457 Support levels are marked with red lines: $1532 - $1717 Global support is at $1379 Of course, it is worth focusing strictly on BTC and its reaction. While we are monitoring the market and in case of any updates we will inform you about everything. If you like the idea, don't forget to subscribe and rate like👍
BITSTAMP:ETHUSD
by Andrey_Crypto
2
MATIC Bullish 24-Hours and One-Week Horizon ☀️Bearish clouds ☁️ weigh on the global crypto market in the next 24 hours, signaling a downside risk. However, Cardano, Avalanche and Polygon face more lenient trading conditions, with ATTMO indicating some slightly bullish sun. ☀️ Over a one-week horizon, this slightly bullish sun is set to shine over both major cryptocurrencies – Bitcoin and Ether. ☀️ This upward trend is forecast to be even stronger for Cardano, Avalanche and Polygon. Other coins, including Litecoin, Ripple, Binance Coin, Dogecoin and Polkadot won’t profit from this sun and will continue to face slightly bearish clouds. ☁️ Follow us for more crypto weather reports!
M
by ATTMO
BTC Short-Term ☁️, One-Week Horizon Bullish ☀️Clouds ☁️ lie ahead in the next 24 hours for the global crypto market, including Bitcoin and Ether, indicating a slightly bearish market with downside risk. Altcoins such as Avalanche, Chainlink, and Polygon face more lenient trading conditions, with a slightly bullish sun forecast by ATTMO. Over a one-week horizon, this slightly bullish sun should also shine over Bitcoin, Ether, Cardano. ☀️ Ripple and Binance Coin won’t profit from these favorable trading conditions and continue to face a downside risk. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
ETH ☁️ 24 Hours, Bearish Outlook, ☀️ Back in One Week? Clouds ☁️ lie ahead for the global crypto market, including Ethereum and Bitcoin, in the next 24 hours, signaling bearish trading conditions and downside risk. Over a one-week horizon, ☀️ sunnier trading conditions with a few 🌤️ clouds lie ahead for the global crypto market, including Bitcoin and Ether. This indicates that a slightly bullish market with upside potential is likely. Some altcoins, including XRP, Binance Coin, Dogecoin and Chainlink continue to face slightly 🌦️ bearish trading conditions. Follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
DXY (USD Index)DXY (USD Index) DXY is a measure of the value of the US dollar against a basket of 6 major world currencies. If the DXY goes up, it means that the dollar is getting stronger. Now DXY has broken the downtrend and is at the level of 104.17. This may indicate the growth of the US economy or a decrease in global risks. 📗Following targets are indicated on the chart with blue lines: 105.25 - 106.33 - 107.67 But how does this affect the crypto market? First, a strong dollar may reduce investment in risky assets such as cryptocurrencies, as investors may prefer safer assets. Secondly, with the growth of the dollar, the price of cryptocurrencies, expressed in dollars, may artificially decrease. But remember that the cryptocurrency market is subject to its own laws and can sometimes ignore the classic laws of the financial market. Stay connected and stay tuned! If you like the idea, don't forget to subscribe and rate like👍
TVC:DXY
by Andrey_Crypto
1
Bitcoin Bearish 24 Hours - Light Clouds; Rebound In One Week? Light clouds, hinting at a slightly bearish trend, loom over Bitcoin in the next 24 hours. Sun with scattered clouds may grace Ether and Binance, suggesting a slight bullish trend. Over a one-week horizon, the outlook is mixed with a slightly bullish sun returning over Bitcoin, Litecoin, and Cardano. Slightly bearish clouds persist over Ether, XRP, and Dogecoin. Bearish rain awaits Avalanche. Follow us for more crypto weather reports!
by ATTMO
ATOMUSDTATOMUSDT Parsing A symmetrical triangle pattern appeared on the chart. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend. It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction. In short, the symmetrical triangle is the most misunderstood of all triangle patterns. So far, the following picture has emerged on the global chart: The main support for atom is at $8.494 and $6.393. In the event of a collapse of the entire market, it is worth looking for rebound zones at these levels. We would not recommend taking short-term positions yet. It is worth waiting for the breakout of either support or resistance of the symmetrical triangle. In case of breaking through the resistance, it is worth considering the following targets: 17.124 - 19.925 - 23.621 (marked with blue lines on the chart) If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
4
Why 2024 Could Spell Bullish Success for the Crypto Market? The roller-coaster ride of the crypto market never fails to pique the curiosity of traders and enthusiasts alike. As Bitcoin, the luminary of cryptocurrencies, continues to chart its course, the prospect of a bullish market in 2024 has sparked widespread anticipation. This article delves deep into the fascinating world of Bitcoin's halving event and its profound impact on market dynamics. So, buckle up and join us as we uncover the factors propelling Bitcoin's potential surge and the implications for you as a trader. The Significance of Halving Picture a recurring event, happening roughly every four years, that halves the reward for Bitcoin miners and slows down the supply of new Bitcoins. This event, known as halving, is a cornerstone of the Bitcoin ecosystem, designed to maintain scarcity and keep inflation in check. The past halvings in 2012 and 2016 catapulted Bitcoin to new all-time highs. So, it's no surprise that the forthcoming halving in 2024 is expected to set the stage for a similar spectacle. Market Dynamics and Bullish Predictions The world of crypto trading is a game of anticipation, with traders keeping a close eye on market dynamics to predict future price movements. Amidst a sea of perspectives, many industry insiders, including Huf, the founder of Pear Protocol, see a bright future for Bitcoin in the first quarter of 2024. Huf's bullish sentiment is fueled by the expected onset of the next bull market during this period, underpinned by positive narratives and conducive market conditions. *Bitcoin Dominance: Bitcoin Dominance means how much the ratio is in the total crypto market cap. Bitcoin and Market Cap: A Direct Correlation The value of Bitcoin, the leading cryptocurrency, plays a critical role in establishing the overall temperament of the cryptocurrency market. The market cap of Bitcoin, a value obtained by multiplying the current Bitcoin price by the total number of Bitcoins in circulation, increases as Bitcoin's price surges. This results in a higher valuation of the entire cryptocurrency market. Thus, Bitcoin's market cap serves as a yardstick for other cryptocurrencies, with their prices often moving in the same direction as Bitcoin's. The Ripple Effect on the Cryptocurrency Market Bitcoin's correlation with the market cap deeply impacts the cryptocurrency market. A bullish trend in Bitcoin, leading to an increased market cap, fosters positive sentiment and boosts investor confidence in the overall market. This confidence translates into increased buying activity and heightened demand for other cryptocurrencies, propelling their prices. Additionally, Bitcoin's rising market cap draws new investors and institutions to the crypto arena, viewing it as a lucrative opportunity. This capital influx further intensifies the bullish market sentiment, escalating the prices of other cryptocurrencies. Driving a Bullish Cryptocurrency Market The correlation between Bitcoin and the market cap can trigger a bullish market within the cryptocurrency sector due to a combination of factors. Firstly , Bitcoin's dominance and influence in the market render it a significant indicator of overall market trends. An upswing in Bitcoin's performance injects confidence into the market, enticing more investors and catalyzing price hikes across the board. Secondly , the increased Bitcoin market cap creates a perception of the cryptocurrency market as a viable and profitable investment channel, sparking demand and price appreciation for other cryptocurrencies. Lastly , the positive market sentiment borne from Bitcoin's bullish trend generates a self-reinforcing cycle. In this cycle, investor optimism and FOMO (Fear of Missing Out) stimulate further price escalations, culminating in a bullish market for the entire cryptocurrency ecosystem. Narratives and Media Influence Storytelling plays a powerful role in shaping market sentiment and price fluctuations in the crypto sphere. The narrative of Bitcoin as a potent disruptor of traditional financial systems has steadily gained ground. The green light for the first spot Bitcoin exchange-traded fund (ETF) in the United States in 2024, as highlighted in the Cointelegraph's Market Talks episode, further reinforces this positive sentiment. Such milestones have the potential to create waves, drawing in institutional investors and boosting demand. External Factors and Potential Risks However, it's not all smooth sailing. Beyond the halving event and favorable narratives, other elements can sway Bitcoin's market trajectory. Geopolitical tensions and global economic conditions can inject volatility and uncertainty into the mix. As a trader, it's vital to take these factors into account and diversify your portfolio to cushion against potential shocks. Preparing for the Bull Market With the potential bull market of 2024 around the corner, it's time for crypto traders to gear up. Adopting careful strategies to amplify gains and curb risks is the order of the day. Comprehensive market research, staying on top of industry news, and maintaining a disciplined approach are your keys to success. Moreover, spreading your investments across different cryptocurrencies and setting realistic profit targets can help you navigate the market's inherent volatility. The tantalizing prospect of a bullish Bitcoin market in 2024 presents a golden opportunity for crypto traders. The forthcoming halving event, combined with positive narratives and potential institutional adoption, lays the groundwork for potential price appreciation. But remember, staying alert to external factors and market risks is just as important. By staying informed, adopting robust trading strategies, and taking a long-term view, you can position yourself to capitalize on the expected bull market in 2024. Follow and Boost for your financial success ! Write your thoughts in the comment section.
BNC:BLX
by Wealthy_Stats
2
$STMX breakout Bullish SymmetricalWhat is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Long
by UnknownUnicorn26572303
5
BTC Sunny Upside 🌞 LTC, BNB Facing ☁️?Mixed conditions ahead on the global crypto market with XRP, Bitcoin, and Ethereum facing sun 🌞 in the next 24 hours and week ahead. This signals a slightly bullish market with upside potential. However, Litecoin, Binance, and Dogecoin face clouds ☁️ in the next 24 hours, indicating a slightly bearish market with downside risk. Over a one-week horizon, this negative trend should turn into a positive one as the sun returns and shines over these crypto coins. 🌤️ Follow us for more crypto weather reports! Disclaimer
COINBASE:BTCUSD
by ATTMO
BTC, ETH, Alts ⛅ 24-Hour OutlookSunny trading conditions with a few scattered clouds ⛅ prevail on the global crypto market in the next hours and days, signaling a slightly bullish market with upside potential. Cryptos rebound following Tuesday’s sell-off. Bitcoin rises 2.3%, and Ethereum puts on 1.1% in the past 24 hours. The price of Bitcoin fell below the psychological $29,000 threshold due to the SEC lawsuit against a crypto entrepreneur and the dollar's strength ahead of US macro data release. Litecoin halving looms later today, diminishing the coin's mining reward. 🚀💰 Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
LTCUSDTLTCUSDT Litecoin may exit the falling wedge upwards. This pattern is a bullish pattern that usually leads to higher prices. In case of successful completion of the pattern, the targets are considered at the level: $94 - $98 - $100.55 At the same time, we advise you to enter the position only with a small percentage of the deposit, because BTC can very likely go even lower. In this case, the reaction will be appropriate. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto