Cryptolevels
Bitcoin -> Wait For The BreakoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin recently perfectly retested and already rejected a quite nice previous weekly support zone which was turned resistance at the $30.000 level.
You can also see that weekly market structure and moving averages are still overall bullish, I am definitely waiting for a weekly retest of the next support zone at the $24.000 level and then I do expect more continuation towards the upside from there.
On the daily timeframe you can see that Bitcoin has been trading in a range for quite some time with support at the $26.000 area and resistance at the 27.400 area so I am now just waiting for a breakout towards the upside before I then do expect another daily bullish rally.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum -> Consolidation Before BreakoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is approaching a quite nice previous weekly resistance area which is currently turned support exactly at the $1700 level.
You can also see that weekly moving averages and market structure is overall bullish, I am now just waiting for a retest of this level before I then do expect more continuation towards the upside.
On the daily timeframe you can also see that over the past couple of days Ethereum has been trading between support at the $1780 level and resistance at the $1855 level so I am now just waiting for a break above the resistance and then also the daily timeframe looks promising for a 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:
Bitcoin & Ethereum: Sunny Outlook ⛅ Ripple & Cardano Shining? ☀️Sunny weather with a few scattered clouds lies ahead for the crypto space, including Bitcoin and Ethereum . The market sentiment is boosted by the Nasdaq's overnight rally and hopes of an imminent debt ceiling deal. This sets the stage for a slightly bullish market with upside potential in the next 24 hours. 🚀
But the spotlight today falls on Ripple and Cardano , as they bask in tropical conditions - very bullish with significant upside potential. 🌴🌟
Over a one-week horizon, cloudy weather with some sun for Bitcoin , which means a slightly bearish market with downside risk. The outlook is better for Ethereum, Ripple and Cardano : a slightly bullish market with upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
PEPE Long tradePEPE has formed a symmetrical triangle ,trade is straight forward here a break and close of a daily above it will signal a long, technical target of this triangle would be near the 1.618.
Bybit have leverage contracts on PEPE if you want to go full degen mode
contract has 100/100 score
Bitcoin is Creating Lower Highs but the Lows are Equal 🕵️Bitcoin is rejecting Higher Prices and creating Lower Highs. BTC is simultaneously holding a flat support level at 26,600 4Hr level as we can observe here.
Price is squeezing downwards but the bottom is remaining flat at our 26,600 4Hr level. Soon this pressure may burst up or down and I'd bet on more downside.
This Price action/Multi-timeframe analysis details a bearish market.
Bearish Market Structure has Lower Lows and Lower Highs.
Bullish market Strucutre has Higher Highs and Higher Lows.
The Weekly timeframe is printing multiple bear candles. We are also creating back to back descending wicks on the Daily timeframe. This denotes a market that is in momentum.
Looking for lower prices here. Will Update.
Safe Trading.
Keep an eye on $YGG/USDTKindly wait for breakout of the structure and target region marked
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TradingView: @FarmanBangashh
KAVAUSDT is testing important levels, potential +10% from here
Hello Traders:)
Currently, the level of the top line of the Market profile from Monday is being tested. Previously, after breaking this level, KAVAUSDT exploded over 30% up. Currently, after returning and positively testing this level, I assume a return to at least the upper limits of the market profile from the previous days, which will give us at least 10% increase in KAVAUSDT. Negation of the scenario after breaking through today's lower limit of the market profile.
I wish you great trades!
SHARBI: NEW UPTREND LEVEL 200% Meme coins are very risky and should only trading with plan.
This is TA based idea where we see depending on TA that this coin able to more then 200%
BTC ⛈️ ETH ⛈️ Will ADA Soar Despite the Storm? 🌩️🚀🤔Stormy weather ahead on the global crypto market. ⛈️ This translates into a very bearish market with some downside risk for cryptocurrencies like Bitcoin, Ethereum, Binance Coin, and Polkadot. The weather is, however, 🌴 tropical – very bullish with some upside potential – for Cardano today.
Over a one-week horizon, ☁️ cloudy weather with some ☀️ sun is likely for Bitcoin, signaling a slightly bearish market with downside risk. The outlook is a bit brighter for Ethereum, Ripple, Cardano, and Dogecoin, where ATTMO signals a slightly bullish mood with 🚀 upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Bitcoin (BTCUSD): Bearish Wave is Coming?! ₿
Bitcoin is trading in a minor bearish trend on a daily.
After the price set a new lower low lower close, the market started to consolidate within a symmetrical triangle.
Its lower boundary was broken yesterday.
I believe that a bearish breakout is the sign of the strength of the sellers.
BTC may keep falling to 24400.
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Keep it Simple🧧 4Hr Resistance Zone in a Short Term Downtrend ₿It is Safe to Say that after looking at the Weekly chart, Bitcoin will likely see more downside to come.
We can observe Bearish market Structure on the Weekly Chart. A LL on the second week of April(27,566$), a Lower High on the first week of May (29,236$) and now a New LL (26,931$) on the Second week of May.
Price is stair stepping it's way down. Gracefully. But with that said we may see a fierce drop to come as we have seen in Years Past on BTC. We can recall that when investors and institutions dump BTC they do not hesitate.
The Daily Candle is About to close Bullish. However we can at least anticipate a Lower wick and bounce off our 4Hr Zone 27,430$
On Monday of this week Price respected our 27,600$ Weekly S/R Level.
Price in Medium Term has eased off our June 2022 30,000$ Weekly S/R level and is pulling down.
With clean traffic to the left on the 4Hr Timeframe I can visualize price dropping once we return to 26K again.
Our Next Stop on the Daily timeframe will be 24,374$ .
For Buyers we are at the extreme lows of our Daily Range between 26,700$ and 30,500$. Price is testing the extreme Lows. Will Buyers step in to protect these Medium Term Lows or will BTC print fresh lows alongside the Stock market as Inflation stays steady above the Fed's 2% Target.
I think at the Bare Minimum we can anticipate a Short term range between 27,600 Weekly S/R level and 26,700 Daily Level. We are selling the top of the range.
Not Financial Advice
For Educational Purposes Only.
This is Price Action combined with Multi-Timeframe Analysis.
BTC Faces Bearish Conditions 🐻⚡️ Will LTC Defy the Trend? 🌩️🚀The global crypto market faces cloudy weather with some sun ⛅️ in the next 24 hours, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market 🐻 with downside risk for several currencies, Bitcoin included.
The weather is however stormy ⛈️ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun ☀️ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market 🐻 with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Bullish Hidden Divergence $PEPEI found out Bullish Hidden Divergence for $PEPE.
It is also in the support zone. If support doesn`t break, then huge parabolic prices are coming!
Just wait for what happens with the support zone, I suggest using Stop Loss!
Seems in my previous analysis I missed where should wave B ended, but now it seems to be finished mostly, because of these points:
1. Bullish hidden divergence
2. Support zone.
I think it is ready to start wave C.
Disclaimer: Use stop loss and trade with your own risks.
LTC Storms Towards a Rebound ⚡️🌩️ Will BTC and BNB Follow Suit?The global crypto market faces cloudy weather with some sun in the next 24 hours ⛅️, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market 🐻 with downside risk.
The weather is however stormy ⛈️ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun ☀️ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market 🐻 with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
ADA, MATIC, AVAX Shining Bright 🌴☀️🔥 What About BTC, ETH? Tropical conditions 🌴 – very bullish with some upside potential – are predicted for Cardano, Avalanche, and Polygon in the next 24 hours. This means that a slightly bullish market with upside potential is highly likely.
Sunny weather with a few scattered clouds 🌤️ lies ahead for the global crypto market, including Bitcoin and Ethereum. Investors anticipate a US debt ceiling deal. Over a one-week horizon, ATTMO expects cloudy weather with some sun 🌥️ for Bitcoin and Ripple, translating into a slightly bearish market with downside risk.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Will BTC Break and Bounce from their 200 Moving Average or Fall?In light of recent market trends, Bitcoin is set to pump due to its strong respect for the 200 EMA as a key support level, indicating robust investor sentiment. Coupled with increasing institutional adoption and favorable market indicators, this sets the stage for a potential bullish surge in Bitcoin's price.
While strong indicators suggest a potential upswing, it's critical to understand that market cycles are inherently unpredictable and don't always follow historical patterns. Investment decisions should always account for the volatility and risk associated with the crypto market, underscoring the importance of a well-diversified portfolio.
For an altseason to kick off, typically, we would first need to see Bitcoin consolidate or slowly trend upwards without extreme volatility. This stabilization often leads investors to look for higher returns in altcoins, pumping more money into the broader crypto market. It's crucial to remember, though, that these market cycles can be unpredictable, and risk management should be a top priority during any potential altseason.
"What are your top picks for the next altseason and why?"
"Do you agree that a Bitcoin consolidation phase could signal the start of an altseason?"
"What strategies do you use to manage risk during a potential altseason?"
"What indicators are you looking at for potential crypto market movement?"
"In your opinion, how does Bitcoin's current behavior align with previous market cycles?"
"What's your perspective on the correlation between Bitcoin's performance and the altcoin market?"
Keep an eye on $TOMO/USDTGetting ready for Bullish Wave $TOMO/USDT
Target mentioned
Noted: Not a financial advisor.
It's always recommended to carefully consider all the factors and conduct thorough research before making any investment decisions. I suggest seeking advice from a licensed financial advisor.
Ethereum -> Still Stuck At The $2000 LevelHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently once again retested a quite massive weekly structure area at the $2000 level which is now turned resistance again.
However you can also see that overall market structure and moving averages are still quite bullish, in my opinion we also already saw the bottom of the bear market so I am now just waiting for any opportunity to then get long Ethereum for the next bullrun.
On the daily timeframe you can see that Ethereum shifted back to a bearish market by breaking below the $1825 structure level, so I am now just waiting for either a break back above the zone or a retest of the next support at the $1675 level before I then do expect more upside potential.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bitcoin -> Think Long TermHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that as we are speaking, Bitcoin is already rejecting quite obvious previous weekly support which is now turned resistance at the $30.000 level.
You can also see that from a long term monthly perspective, it seems like Bitcoin is eventually entering the next bull-cycle, so I am already heavily invested and I am also looking for bullish pullbacks to then enter some long trades.
On the daily timeframe you can see that market structure is currently bearish with Bitcoin breaking below the previous daily support at the $27.600 level, so I am now just waiting for a break back above the zone and then I do expect also more daily upside continuation.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: