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WILL BTC BE ABLE TO CONTINUE THIS BULLISH RALLY? In the higher timeframe, Bitcoin (BTC) is currently encountering two significant resistance levels that it must surpass for a more bullish movement to materialize. Why is it so strong? it's a 446-day resistance In the daily time frame "After each significant or sudden movement, Bitcoin has exhibited a tendency to consolidate sideways." here we can see a bearish divergence in RSI also So what do you expect? LET'S HAVE A LOOK AT THE SHORTER TIME FRAME In the shorter time frame, Bitcoin (BTC) has broken out of this bullish pennant pattern and is currently in the process of retesting it. According to the technical pattern analysis, we can anticipate a potential bounce of approximately 15% to 17% from the current level. LET'S HOPE THIS IS NOT BEAR TRAP This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Short
by CRYPTOMOJO_TA
7
ETH trade setup for 15th Nov 2023My setup yesterday was bullish, I only caught a 1:2rr. I didn't see other factors telling me to go bearish. I was bent on being bullish, so I know and believe, setups can change. So learning to be dynamic is key and not holding to one belief of how the trade should pane out. However, it was a good day. Today being, 15th Nov 2023, I'll be expecting a bearish scenario as outline on the chart. So I'll be expecting price to enter into the areas highlighted above and also the rectangle above for a reason to go short at specific time. This is not a trade advice, please dyor
Short
by praises700
XRP Under the Weather: ☁️ Looming for the Next 24 Hrs, 🐻 TrendMixed trading conditions ahead on the global crypto market, with bullish sun shining on Bitcoin, Cardano, Avalanche, and Polkadot in the next 24 hours. 🌤️ Cloudier bearish trading conditions will prevail over Ether, Ripple’s XRP, Binance Coin, and Dogecoin, according to ATTMO. ☁️ Over a one-week horizon, the ☀️ sun will shine over cryptocurrencies such as Bitcoin, Ether, and Binance Coin. However, bearish clouds will linger over Litecoin, XRP, and Cardano. Follow us for more crypto weather reports!
by ATTMO
ETH : 🌞 Skies & Upside Potential in 24H, Correction in 1 Week? Mixed trading conditions ahead for the global crypto market in the next 24 hours. Bitcoin and Polygon face cloudy skies ☁️, translating into a slightly bearish market with downside risk. The sun 🌞, however, shines over the rest of the cryptosphere like Ether, Avalanche, and Ripple, hinting at upside potential, according to ATTMO. Over a one-week horizon, Bitcoin and Avalanche are likely to also benefit from a bullish sunny sky. Ether will see tropical trading conditions with rain indicating that an imminent market correction is likely. ☔ Follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
☁️ ADA 24-Hr Outlook: Bearish Trend Ahead, Downside Risk? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin. Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows. Follow us for more crypto weather reports!
by ATTMO
XRP ☀️ 24-Hour & 1-Week Horizon; Bullish Trend Is On! Mixed trading conditions on the global crypto market in the next 24 hours, with Bitcoin, Avalanche, and Polkadot facing a ☁️ cloudy bearish trend while Ether, Litecoin, Ripple’s XRP, and Cardano bask in the ☀️ bullish sun with upside potential. Over a one-week horizon, the ☀️ sun is forecasted to shine over most of the crypto universe, XRP included, indicating that a bullish trend is likely, according to ATTMO. However, Polkadot bucks this positive trend with a ☁️ cloudy forecast. Follow us for more crypto weather insights!
by ATTMO
2
Bitcoin - Major Resistance Zones to trade - CryptocurrencyMajor Levels To Watch Support Zone : $31,500-$32,00 Major Resistance to break: $35,300 Resistance 2: $39,987 Target 1: $44,000 Resistance 3: $53,880 Currently trading at a large margin above the Ichimoku Cloud. ETF news could Easily Drive this into the first resistance zone. Right now we are seeing lower-than-expected volume for this range as many traders are still sidelined waiting for the official ETF launch. Remember most of the crypto market is correlated to bitcoin in some manner. Pay attention to these levels if you are trading alt coins.
BINANCE:BTCUSDLong
by Helios_Capital_Investment
ETH USD IdeaHello, Crypto Warriors! Let's dive into the current Ethereum (ETH) chart. On the weekly chart, we're seeing a bullish range, but on the daily timeframe, there has been a bearish retracement. Given this context, the logical approach has been to consider going long at a 25% discount within the range area, with a stop positioned beneath the zero line. It's important to acknowledge that the odds are somewhat stacked against you as a trader in these conditions, primarily due to the passage of time and the percentage of the range that has already been traversed. That being said, it doesn't mean we can't envision higher price levels. What this chart represents is a case study centered around the strong resistance level at 2209. If this level is breached, we could be looking at two potential scenarios: either a liquidation run followed by a reversal or a continuation of the bullish trend. While we maintain a bullish outlook on cryptocurrencies, it's essential to recognize that there are multiple support levels below, and market makers may not be inclined to leave them untested. At the moment, our approach is to trade level to level, strategically assessing the market in this environment. If you find value in the levels we've mentioned, or if you'd like more detailed information, please don't hesitate to let us know. As you embark on your trading journey, we wish you a fantastic weekend and encourage you to find balance between your screen time and the world beyond. Remember, trading is a marathon, not a sprint. Enjoy the weekend and take a breather now and then!
COINBASE:ETHUSDLong
by themarketknight
ETHUSD SELL | Day Trading Analysis Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity ETHUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
BINANCE:ETHUSDShort
by TheGrove
30