BTC ☁️ - Downside Risk In the Next 24 Hrs; Bears Are Back? Mixed trading conditions ahead on the global crypto market in the next 24 hours, with Bitcoin and Binance Coin facing slightly bearish clouds. ☁️ This implies a downside risk. The rest of the cryptosphere will see cloudy spells, indicating further upside potential. Ripple, which faces strong sunshine ☀️ , has the most upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin faces tropical 🌦️ trading conditions, which signal that the drawn-out bull market is nearing its end, with an imminent market correction ahead. A bullish sun ☀️ will continue to shine over Ethereum, Ripple, and Cardano, indicating additional upside potential. Smaller coins such as Polygon and Uniswap face bearish clouds, signaling a downward risk ahead. ☁️
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Cryptolevels
Fomo Purchases and Late LiquiditySolana.. abrupt pullback at Key Level to gather liquidity?
Jumping in front of a Freight train is no fun so it's particularly risky going countertrend the market when there is Momentum on the Higher timeframes. Understabding the risks involved is necessary when trading fakeouts. Fakeouts occur more often then not and that is because of lack of attention to detail, laziness, and ignorance may likely play a role.
Short term targets are 30.19 and 29.07 daily levels
$NMR Performed Bullish Symmetrical What 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.
$AVAX Performing Falling wedge in 1DEURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
🌞 Shining on DOGE! Rebound Imminent? Mixed trading conditions over the global crypto market in the next 24 hours. 🌤️ Slightly bullish sun, indicating upside potential, is shining over Dogecoin and Bitcoin. Scattered bearish clouds obscure the sun over the other altcoins, implying a downside risk.🌦️
Over a one-week horizon, the 🌞 bullish mood will return, with the sun shining over most crypto tokens. Bearish clouds will linger over Avalanche, Binance Coin, and Polkadot, 🌧️ ATTMO shows.
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ETH Slightly Bullish 24-Hours 🌤️, Clouds 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.
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BTC - Is There Still Room For Upside Movement? ☀️Mixed trading conditions ahead on the global crypto market in the next 24 hours. Bitcoin, Ethereum, Ripple, and Avalanche face slightly bullish sun ☀️, which signals additional upward potential. Some bearish clouds ☁️ are obscuring the trading conditions of Litecoin, Cardano, and Binance Coin, signaling a downward trend.
Over a one-week horizon, bullish sun ☀️ will dominate. There will be additional upward potential for Bitcoin, Ethereum, and other altcoins, according to ATTMO. Ripple’s XRP bucks this positive trend, with bearish clouds ☁️ ahead over this longer time horizon. 📈
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Bitcoin BTC $btc #btc Yeah, I know it looks messy zoomed out and taking in all the pointers and cues given etc.
However, let me just take a moment to enjoy that I gave you these crazy targets everyone's acting so SHOCKED by literally DRAWN out with full detail and characters lol. months ago
Now let's see if we can bust through this idea and or it just keeps playing out as i said and within the next few days/weeks/months we go back down for liquidity before bac k UO.
🤘BTC looking to take 32k, becoming more clear🤘BTCUSD along with the gold are two more or less clear markets for my strategy as for now, that's why will publish some updates on them.
BTC from the time of the previous update created a clear push and taking overall context into consideration, one of the possible scenarios are continuations to the upside.
See previous ideas for more context.
☝️Dear traders, no one here has super powers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or force my will. Have good trading, keep constant flow of self awareness and do your best.
IDUSDTIDUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.1900 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
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.
Head, shoulders, knees and toes, knees and toesBTC could be singing "head, shoulders, knees and toes" song soon.
Take a look at the structure, the RSI, and the Fib levels. It all matches my previous ideas.
Also, we have to consider the idea that we're not in 2024 yet, the year of the halving.
This is not financial advice.
HOTUSDTHOTUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline.
These two to gather putting strong bullish confluence for the pair.
What you guys think of this idea?
ADAUSD: Thoughts and AnalysisToday's focus: ADAUSD
Pattern – Breakout/Support test (Bearish)
Support – .2375
Resistance – .2490 - .2640
Hi, and thanks for checking out today's update. Today, we are looking at the ADAUSD on the daily chart.
ADA is a market I watch regularly, and currently, we are seeing a few interesting things, pattern and support-wise, that we have broken down in today's video. The two keys, long-term support, seen at .2375 and an ending diagonal pattern that continues to remain in play.
I have discussed three main cases in today's analysis of ADA; two are bullish, and the third is a bearish continuation of the long-term trend. It will be interesting if we see a lower break over the next few days, as that will play into a case as long as it holds at the ending diagonal trendline.
What do you think? Do you agree with the patterns and levels we have discussed?
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.
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It's losing itOh Bitcoin, apparently is forming a HS and getting ready to test the 20K level that matches with the long term uptrend line. But what I learned about this market is that usually does something different than expected. I think is going to make another push to the upside to 28 or 30K levels and then pull back to the 26K support (neckline). I don't think Bitcoin is going to crash but I expect another test to the uptrend line within a few weeks.
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.
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LDOUSDT 16/10Pair : LDOUSDT
Description :
Bearish Channel in Short Time Frame and Breakout the Upper Trend Line and Completed the Retracement. Consolidation Phase as Correction in LTF if it Breaks Upper Trend Line then it will Reach its Daily Descending Trend Line
Entry Precautions :
Wait Until it Breaks or Rejects from Consolidation Phase
VRA IS THIS THE COIN THAT WILL HIT 1500% to $0,10 2023
Thank you for reading our update. Please bear in mind that this does not constitute trading advice.
VRA is in a place that can become a historical bottom.
Is VRA one of the dormant giants that could bolster the market capitalization in the near future? Can this coin with its maximum supply be the one to demonstrate a 1500% increase in 2023... but what is the rationale behind this potential surge?
We understand that there are no guarantees in the volatile world of trading. We always assess various possibilities, as accurately predicting the right percentage is a challenging endeavor.
The reason for choosing this coin .. The interest of exchanges follows in data
And second the wallet development shares. The max supply and the technical view.
Further high possibilities with the market cap of now.
Bitcoin (BTC) -> Bullish Cycle ComingMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Bitcoin.
Looking at the chart of Bitcoin you can see that just 8 months ago Bitcoin perfectly retested the previous cycle high of 2018 at the $18.000 level and rejected towards the upside.
I think that the whole crypto market but especially Bitcoin is ready for a new bullish cycle and after another short term drop on Bitcoin I do expect a longer term bullish continuation.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡