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2 Day Chart Saying Hi. GCross / 3 AmigoHello all! Happy Weekend. I was checking on the 3 Amigos and it looks like the 2 day has just made it to Golden Cross territory.. I am thinking people are still on the sideline and potentially we have not seen the FOMO yet. LMAO. A lot of perma bears are out right now trying to change the narrative back to that 10k flush out. I would suspect some type of flush out at some point to deleverage longs. Although, this is very tough to predict when, I think we are still in disbelief stages of potentially the start of the next bull run. Getting back above the 200 was critical for BTC. I believe the pro traders hoping for that downside are not expecting the next move, and the HERD (society) also have been mostly still scared to enter and new buyers will not buy until BTC crosses that 30K threshold when the FOMO kicks in. We crash after BTC hits 35kish to low 40k at major FOMO, but then back down to low 25kish wherever 200 MA is.... This is all my own opinion and should not be taken as investment advice, entertainment only.
INDEX:BTCUSDLong
by CryptoVallster
Ethereum -> Just A Classic ShakeoutHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum already broke above a major previous weekly support/resistance area at the HKEX:1900 level. You can also see that as we are speaking, Ethereum is retesting this previous resistance which is now turned support, market structure is still bullish and we already created the bottom of the bear market in my opinion, so I simply do expect more continuation towards the upside from the current levels. On the daily timeframe you can see that Ethereum is also retesting previous daily support/resistance which could act as support so I am just waiting for some more bullish rejection inside of this area and then I do expect 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:
BITSTAMP:ETHUSDLong
by basictradingtv
41
Weekly Momentum On Major Pairs (Week 17/2023)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Mixed Gold & Silver: Mixed XXX/JPY: Slightly Bearish Stock Indexes: Slightly Bullish BitCoin: Very Bearish WK 17 (22 Apr 2023)
by SonicDeejay
Bitcoin -> Please Don't PanicHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Bitcoin just retested and already rejected a quite obvious previous weekly support zone which was now turned resistance exactly at the HKEX:30 ,000 area. As mentioned in my last analysis linked below, after a 90% pump over the past couple of weeks a short term correction was quite likely and maybe Bitcoin will also retest the $24,000 level from which I then do expect a next rally towards the upside. On the daily timeframe you can see that Bitcoin is currently already retesting a previous daily support zone at the HKEX:27 ,000 area so after we get some bullish confirmation, we could already see a short term rally towards the upside from here. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
BITSTAMP:BTCUSDLong
by basictradingtv
33
Btc Bitcoin buy weekly forecast Hello traders last time we cached the bottom of bitcoin massive point the hole week move to 30 k you can check it out off course we are in a bearish market it is not going to the moon trust me .we have a lot of pores in bitcoin that should be balanced price had been delivered in one side all the way to 9 to 10 k that is how price moves . we have next week new opportunity to change something for yourself i am expecting higher prices on bitcoin lets get it any thing in your mind comment down below good week and good trading more loading
BITSTAMP:BTCUSDLong
by UnknownUnicorn11253106
All Eyes on 30,240 4Hr Level 👀I like 30,240 for the Daily Close. Price is consistently respecting our 30,600 Level. We can observe a sort of head and shoulders whatevr you want to call it and multiple daily highs rejecting 30,600. Is it our Fakeout level back to 28,500. I can see fomo buyers holding the bag here just because of our daily highs at 30,6 looks like distributing. If i'm a buyer i would like to continue to see HL's and we stay above 30,24. Then we may increase up to next daily level at 31.3K. Otherwise we may range or slowly distribute back down to 28,5 for liquidity.
COINBASE:BTCUSDShort
by ShrewdCatfx