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Cryptolevels

LTC 🌩️ BNB 🌴 Where is BTC Headed?ATTMO's forecast suggests stormy weather ahead for Litecoin 🌩️, with a downside risk for the cryptocurrency. In contrast, Binance Coin is experiencing 🌴 tropical and very bullish weather today with significant upside potential. Bitcoin is currently facing 🌧️ stormy weather, but ATTMO predicts ☀️ sunny skies for the next 24 hours, which could support the world's largest cryptocurrency and translate to an imminent market rebound. The sharp decline in Bitcoin's transaction fees could also contribute to this positive trend. Over the next week, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . Additionally, an imminent market rebound is predicted for Dogecoin 📈.
by ATTMO
BTC To Rebound 📈 BNB Upside Potential 🚀 LTC In Trouble? 🤔Bitcoin is currently facing 🌧️ stormy weather, but ATTMO is forecasting ☀️ sunny skies for the next 24 hours. This may translate to an imminent market rebound ahead, especially given the sharp decline in its transaction fees, which could support the world's largest cryptocurrency. Meanwhile, the weather is 🌴 tropical and very bullish for Binance Coin today, with some significant upside potential. However, Litecoin 🌩️ is bucking this positive trend, as ATTMO predicts stormy weather ahead, indicating a downside risk for the cryptocurrency. Over a one-week horizon, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . An imminent market rebound is also predicted for Dogecoin .📈
by ATTMO
Are Crypto Bears in Denial? Eth 🌄Is this the Bull Run we have all been anticipating? Or Does Price need more time to accumulate above 2018 Highs. Ethereum has been trading in between 1942 Daily Level and 1785 Weekly Level for nearly a Month now. Price has spent 70% of the time inside this range. It spiked to the upside and stayed above the range for a week as some buyers Took Profit and shorts came in to flush out late longs. Price printed an engulfing candle on the Weekly Timeframe as price retreated back into our 1942 to 1785 range. We'll see if this bullish movment can sustain itself.
COINBASE:ETHUSDShort
by ShrewdCatfx
Bitcoin is the Answer? The Week Ahead [ Bitcoin ] ₿Price is currently in between our Weekly Level's Support - 27,592 $ Resistance - 30,319 $ Price Is currently in between our Daily Level's Support - 28,857 $ Resistance - 29,540 $ Price Appears to be closing above our Daily Level 28,857 which is a Win for the Bulls. The Bulls are also happy that the weekly candle appears to be printing a larger bottom wick than a top wick. This Bottom wick is also rejecting our Weekly Support Level at 27,592. Zooming out we can see that Bulls are also happy that price has been printing Higher lows on the Daily Chart since the 3rd week of March. The Bears are happy that the Weekly Candle appears to be rejecting the 29,540 $ Daily level from the Previous week. The Bears are looking for Pullbacks to Medium term 24,310 and the Longer term targets being 10,600 Monthly Level. I can observe Bears being content with holding shorts as long as price holds below our 30,319 Weekly Level that extends back to June 22' 30,319 is a S/R Zone that held as a Solid Support during the recent Bull Run to 69K. Price held Support at this S/R Zone (30,319 $) during Jan 21' and July 21'. This is a Major Key Level (30,319$) for Shorts as I can observe price going back up to 39K rather easily if price does not hold here.
COINBASE:BTCUSDLong
by ShrewdCatfx
BITCOIN - Bearish Double TOP 📉Hello Traders👋🏻 On The Daily Time Frame, The BTCUSD Price Reached a Supply Zone (30036.00-30492.22) ✔ The Price Failed To Create New Higher High 📈 Currently, BTC formed a Double Top Pattern ✔ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, BITCOIN Can Continue The Bearish Move 📉 ----- TARGET 1: 28050.00🎯 TARGET 2: 27550.00🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Short
by Hsan_BenAhmed
1
ETH to The $300-400 Liquidity Zone Just making a short projection. I don't want to spend the time making any long posts at the moment, but I do want to provide some quick updates. My guess is the long term uptrend for ETH will break in the upcoming months, resulting in new bear market lows for Ethereum. I think there's a decent chance it'll enter that green zone on my chart. All my fundamental reasonings can be read in prior posts, though I will point out that there have been continuous, large ETH exchange inflows over the last couple weeks. I also believe ETH/BTC will begin to really break down soon after breaking its long term uptrend. Let's see what happens! Currently, ETH is resting on a recently broken downtrend from a falling wedge. In crypto, I find that falling wedges rarely result in sustained upside beyond a momentary false breakout. I think confirmation here will be if ETH breaks back into the wedge, closing below today's low. As always, this is not meant as financial advice, but for speculation and entertainment only. Thank you for reading! -Victor Cobra
COINBASE:ETHUSDShort
by VictorCobra
4
BTC, ETH ☁️ XRP, BNB Poised for Growth? 🚀🤔The global crypto market is experiencing a mix of cloudy and sunny weather ☁️☀️. While Bitcoin and Ethereum face some clouds and downside risks, a tropical climate 🌴🌡️ is predicted for Binance Coin and Ripple , indicating very bullish weather conditions with upside potential. Over a one-week horizon, ATTMO data shows a slightly bullish market with upside potential for both Bitcoin and Ethereum , as well as smaller ones which could benefit from this bullish mood. Dogecoin is expected to face stormy weather ⛈️ ahead, signaling a drawn-out bear market. But there's still hope, as an imminent market rebound is possible over the next week. Follow us and stay tuned for more crypto weather updates with ATTMO! 🌈⛅️☔
by ATTMO
Ethereum -> BoooomHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is currently retesting and already rejecting a quite obvious previous weekly structure area at the $1900 level. You can also see that weekly market structure is overall massively bullish, moving averages are also pointing towards more upside potential so I am now just waiting for any retracement before I then do expect a retest of the next resistance level at the $2400 area. On the daily timeframe you can see that over the past couple of days Ethereum actually created a bullish double bottom and with today's candle Ethereum is perfectly breaking above the neckline at the $1930 level, so I am now just waiting for a retest of the neckline before I then do expect more upside continuation. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
BITSTAMP:ETHUSDLong
by basictradingtv
32
XRP, BNB Upside Potential 🌴🌡️ What About BTC, ETH ? 🤔Today's global crypto market is showing signs of a slightly bullish market with significant upside potential. 🌤️🐂 In particular, Ripple and Binance Coin are facing tropical 🌴🌡️ weather conditions, indicating a very bullish market with significant upside over the next 24 hours.📈 Over the one-week horizon, ATTMO expects market conditions to remain consistent for both major cryptocurrencies, Bitcoin and Ethereum , with slightly bullish conditions persisting, offering considerable upside potential. Additionally, ATTMO's data shows an imminent market rebound for Dogecoin in about a week's time. 🐕
by ATTMO
Fakeout at 28,500$ Daily level? 😼 Setup : FakeoutLooking for a bounce back up for a retest of 28,500 before returning to the downside. We haev 2 days left in this Weekly Candle. I can see the weekly candle closing below 28,500. If we do this, we can anticipate a top wick retest on the next weekly candle back around 28 to 28,500 Area where we will look for short setups. I think we became a bit over extended here for the bulls. There are popular posts talking about taking more buys. This did not play out and price is ruthlessly coming back down taking out buyers from previous few weeks who have held the bag. I'm anticipating a bounce but a deadcat bounce for more shorts.
COINBASE:BTCUSDLong
by ShrewdCatfx
2
BTC, ETH, LTC-Upside potential 🌤️XRP, BNB-Bullish☀️ DOGE-???🤔A slightly bullish market with upside potential is expected for Bitcoin, Ethereum, and Litecoin over the next 24 hours, with sun and some clouds🌤️, according to ATTMO, a weather-inspired AI tool with cryptocurrency predictions. Ripple and Binance Coin , on the other hand, will experience tropical weather 🏝️ today, indicating a very bullish market with some upside potential. Over a one-week horizon, cloudy weather ☁️ with some sun is expected for both major cryptocurrencies, Bitcoin and Ethereum , which could result in a slightly bearish market with downside risk. As for Dogecoin , it faces stormy weather ⛈️ ahead, which may signal a drawn-out bear market with a possible market rebound in the near future. Don't forget to check out ATTMO for more cryptocurrency weather insights! ☀️💰
BITSTAMP:BTCUSD
by ATTMO
Bitcoin 1 Hour: Exact Same DownslopeBitcoin's one-hour trend is showing the exact same downslope (degrees change with chart resolution, but the relative lines stay the same) as the chart demonstrated mid-April. This may indicate more trying times to come, at least in the short term. The make-or-break is still $27250. A fall below that critical support level might trigger a more prolonged downtrend. One the other hand, a run above $30000 is still the zone where I will enter longs. Happy Wednesday & happy trading! wbburgin
INDEX:BTCUSDShort
by wbburgin
Stx Breaking Falling Wedge Stxusdt Based on my analysis of the Stx chart in the 4-hour timeframe, I have identified a bullish chart pattern known as a "Falling Wedge". This pattern is characterized by a series of lower highs and lower lows that converge into a point, forming a wedge-like shape that slopes downwards. The pattern is usually followed by a breakout to the upside, which could potentially lead to a significant price move. Currently, Stx is trading within the Falling Wedge pattern, and it appears to be approaching a key resistance level that could trigger a bullish breakout. If the price manages to break above this resistance level and close above it, it would be a strong indication that the bulls have taken control of the market. Assuming that the breakout is successful, I would expect the price of Stx to move towards the HKEX:1 level, which is a significant psychological resistance level. This level has not been tested since 2018, and if the price manages to break above it, it could trigger a new wave of buying that could potentially push the price even higher. However, it's important to note that trading is always subject to market volatility and unexpected price movements, so there is always a risk involved in any trade. Therefore, it's crucial to set stop-loss orders to minimize potential losses and to have a solid risk management strategy in place. Additionally, it's essential to keep an eye on any news or events that could affect the price of Stx, such as new partnerships or regulatory changes.
Long
by Crypto-By-Ghazi
Sell Bitcoin in May and Walk Away?'Sell in May and walk away' - does it apply to #Bitcoin? Historically, selling in May results in missing out on gains. However, a simple strategy that buys COINBASE:BTCUSD in Oct and sells in May is profitable 60% of the time, with a net profit of 4.15%. The strategy's effectiveness depends on the current market cycle. Selling in May misses gains in a recovering market, but helps avoid losses in a bear market. So, is Bitcoin in a bear market now? Evidence suggests not. Adjusting the strategy to sell in May only if in a downtrend results in lower net profit, but allows for capturing larger trends. Currently, Bitcoin is trading above the 200-period Simple Moving Average, with a significant low & growing on-chain fundamentals. Based on the strategy, selling in May 2023 may lead to missing out on summer gains. From a technical perspective, Bitcoin is in an uptrend since the beginning of the year. Resistance at $30K, support at $26K. Long break of $30K targeting 35-$37K. Daily Baseline support at $24K; as long as price is above, market is bullish. A Head & Shoulders pattern is forming, projecting a downside target of 23,171. A similar scenario in March rallied to new yearly highs. For Bitcoin investors: Hold BTC, avoid Ethereum (Bitcoin outperforming). To hedge, short all or part of BTC in the current range. If Bitcoin breaks $30K, unhedge to catch the breakout. Hold short to 23K, then re-evaluate. In summary, while the "Sell in May" strategy can be profitable, its effectiveness depends on the market cycle. Currently, it may not be the best approach for Bitcoin. Instead, consider holding and hedging to maximize potential gains.
COINBASE:BTCUSD
by CrackingCryptocurrency
Will the floor hold as volume decreases and reality sets in -> ₿We have 2 Bearish Daily Candle closures back to back to end off the Weekly Candle. The Weekly Candle is closing Bullish. With a top wick. The Top wick is currently -3.18%. The candle body for the weekly candle is +5.5%. 2 Weekly Candles are now closing below 30K Weekly Level that was created during May 22'. Anticipating a correction to previous Daily Candle Low at 29,058. Next stop may be 28.8K 1Hr level. Price is currently sitting at a 4Hr level 29,150$. Considering the timing, The Weekend, Asian Trading Session, a New Daily Candle. These are some confluences I'm considering for a short term correction on Bitcoin ₿
COINBASE:BTCUSDShort
by ShrewdCatfx
Bitcoin Bulls Still Struggling!Traders, Will this week or next become the moment when BTC bulls take a break and allow the bears to have their neckline retest? We will find out soon. Let's take a look at my chart to explain what must occur. There is one critical level that BTC must remain on top of if these bulls are going to continue this run. Can you spot it? Before I get to what is key for BTC, let's talk about some of the other things happening on the chart here. First, you will notice that black descending trend line. I drew that a couple of weeks ago in anticipation that new pivot highs would not be able to recapture previous pivot hit territory, let alone run higher, before a pullback to our C&H neckline. This, so far, has ended up to be the market's correct trend, descending. April 26 and 27 wick highs simply ended up becoming lower highs, confirming suspected descent. This descent continues today and nothing that I have been predicting for the last 4 (going on 5) weeks now has changed. I am, at this point, still expecting a retest of the C&H neckline at 25,300. If this does not occur now, it will occur later. And that scenario will wreck crypto market bulls completely. I'd much rather see this retest occur sooner than later. And, from a technical perspective, this would indicate lots of future strength and bullish price action to come. But, if we are not going to retest the neckline soon, then there are a few things that I am looking to occur for the bulls to prove to us that they have the strength to take us up to that 36-40k target first. #1. We have to stay above that 50 day ma. A break below would be further confirmation of that neckline retest. #2. We have to either break above that descending black trend line AND/OR form a new pivot high on the daily beating the April 26/27 pivot high. This would simply be an early indicator that the bulls are targeting that 30k resistance again. Although, it's a positive sign for the bulls to be sure, they still must beat and confirm 30k. And until they do so, my neckline retest theory remains in tact. #3. So, number three then, is a move above 30k with confirmation the daily. We must see at least one more, but preferably two, additional candles in succession opening and closing above 30k. That would be our indication that 36-40k is now in the cards. In conclusion, I still believe that 36-40k target will be reached before the end of the year. But my hope is that we can reach that target with healthy market price movement prior to achieving that target. Healthy target price movement constitutes a drawback and touch of that 25,300 level before further ascension and currently that thesis is still being support by current market price action. Best in all your trades, Stew
INDEX:BTCUSDShort
by stewdamus