Imminent rebound for BTC in the next 24 hours! A strong sun will shine over Bitcoin in the next 24 hours, signaling bullish market conditions! ☀️ The price of Bitcoin rose 1 percent to $57,277 over the past 24 hours and still has the potential to go up.
The 12 spot Bitcoin exchange traded funds (ETFs) listed in the US have posted outflows totaling almost $800 million dollar over the past six trading days, data from Sosovalue shows.
Investors now await cues from the upcoming US job figures being released tomorrow. Analysts expect 160,000 jobs to have been created outside the US farming sector in August, up from 114,000 jobs in July.
Yet, over a one-week time horizon, drizzle will linger over Bitcoin, signaling downside potential. 🌧
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Cryptolevels
Trade Setup: NEAR Long Position (Range Support Test)Market Context: NEAR is testing the bottom of the range level of support, providing a favorable opportunity for a long trade.
Trade Setup:
Entry: Long spot position at $3.50 - $3.80 support level.
Take Profit:
First target: $4.30
Second target: $5.00 - $5.40
Final target: $6.00 - $6.50
Stop Loss: Just below $3.40
📊 This setup aims to leverage the support level for potential upside, with clearly defined profit targets and a tight stop loss to manage risk effectively. #NEAR #CryptoTrading #SupportLevel
BTC Monday Range Play and KeylevelsIn this video, I analyze Bitcoin's (BTC) price action with a focus on a short-term Monday range play. I dive into the specific key levels where we could potentially see a reversal. We’ll break down how these levels have been acting as support and resistance throughout the trading week, and discuss the importance of monitoring price behavior at these zones.
BITCOIN in trouble? check this out first... There is no doubt that Bitcoin is in a downward trending channel. As you can see in this analysis, Bitcoin has been in a bearish sequence since the highest point (#1), bouncing within the channel until it was rejected at point #5, which did not break through our green confirmation zone and instead dropped to the purple inefficiency zone.
If you look closely, the purple inefficiency zone has shown significant strength for months (since April). It's a crucial area because when the price reaches it, there is a strong volume and buying pressure.
There are only two possible moves the price could make this week:
Move 1: The price could stay in our purple inefficiency zone and consolidate, accumulating for its next bullish trend. Note: Point #5 was a total rejection and decided to disrupt the sequence that Bitcoin had from point #1.
Move 2: The price could simply respect a large-scale supply and demand zone, in which case we might see the price continue to drop, allowing it to enter a demand zone and then take off into a bullish market.
What will happen? We really don't know, but what we can conclude from this postis that since the beginning of this analysis several weeks ago, the price has moved in our favor just by using basic price action concepts.I am very satisfied with this analysis, and I'm glad you were able to benefit from it, if you have been following this analysis closely, The price has been moving according to our prediction, And whenever I see these kinds of charts or analyses, I remember the words my mentor used to tell me: always remember that the price action is always right.
I sincerely appreciate your trust and support in my study.
I send you a warm greeting, and always stay alert for the next move.
-RM
RUNE - BIG GAIN (BIG PICTURE)Dear friends,
I will show another coin next to the LINK where I see Elliot wave expressed.. For LINKCHAIN, you have an analysis below this post..
First I would like to show my old projections related to RUNE and the exact take profit and return to DCA on it..
Here is a projection of profit taking.. and an accurately expressed mass jump of the first wave..
Then marked zones for returning to the market.
Now that all that has happened, I have scenario A and B. The first scenario is that the bottom is behind us and that the first purchase is an excellent decision, on the other hand, we also have plan B because there is great resistance at $5.
If the price does not show strength, the last buying target would be 2.2. Below that there is a very large volume and below that the door opens for a big risk (FOR NOW I'M VERY BULLISH)
The first target will be scalar from $30 and on.
This will all happen only if BTC manages to break the ATH
BITCOIN (BTCUSD) Bearish Confirmation? Oops!Like Ive mentioned in my previous BTC analysis, that $61,500 was critical zone and if it drops below that level, we will see further downward movement and this is exactly how it turned out.
The SHORT position targets are marked on the chart using the Risological swing trader.
Stay safe and all the best.
BTC to rebound - bullish potential for the next 24 hours The price of Bitcoin fell more than 6 percent to $59,290 over the past 24 hours, trading as low as $58,564 over this period, Trading View’s Bitcoin chart shows.
Yet, a strong sun will shine over Bitcoin in the next 24 hours, signaling bullish market conditions. ☀️
“Today's drop is intriguing and presents a potential opportunity for those looking to capitalize on a tactical rally. Entering at $59,000 with a tight stop at $58,000 might seem overly cautious to some, but tactical opportunities like this are rare in a market lacking a clear bullish trend,” the crypto intelligence firm 10xResearch said in its daily note.
The number of Bitcoin millionaires increased by 111 percent last year and exceeded 85,000 people, Henley & Partners annual Crypto Wealth Report 2024 shows. Eleven persons hold more than $1 billion in Bitcoin. The CEO of MicroStrategy Michael Saylor, the CEO of Coinbase Brian Armstrong and Binance’s founder, currently serving a prison term in the US for money laundering violations, Changpeng Zhao (CZ) are part of this exclusive club.
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Trading Signal For HARDUSDT Trading Setup:
There is a Trading Signal to Buy in HARDUSDT HARD (D1) (spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0750
⭕️SL @ 0.0520 (-43%)
🔵TP1 @ 0.1365 (+48%)
🔵TP2 @ 0.1815 (+97%)
🔵TP3 @ 0.2635 (+188%)
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
BITCOIN UPDATE - NOT Yet BullishHello guys,
Current BTC position: SHORT
Sorry, I have been busy trading the Indian stocks and options and not trading a lot of Crypto after the recent WazirX exchange Hack!
On 4H time frame the BTC is still not in the bullish zone.
Bullish confirmation is only above the price $62,000
Support and resistance levels have been marked on the chart for your reference.
$DADDY forecast (part 1) “LateAtNight on bed looking at charts”"IF" $DADDY is really going to the moon we can expect something like this.
> More than likely we can expect the daily low getting cooked with a wick, but no body closure. (0.04831)
> After the low gets cooked price can trade back into the previous range. (Yes, "can"we don't assume or hope; we trade what we see, not what we think. Based on this being a HTF long-term forecast, anything is possible. I am charting what I see as likely to occur when price approaches these areas.)
(These price tags indicate my personal expectations for possible turn arounds/ targets in price.)
> We want to see price close above the daily fractal high, located at (0.07449) for a potential pullback and then continuation to the upside.
> (0.16529) can have a larger pullback than what l drew, but I can rather see a smaller pullback to then head to the
(0.19585) area and then for price to push back to the (0.12458) “area” and then trade higher. (note: price can go a little bit lower than (0.12458) before trading higher back to those highs, to eventually violate them.
- ChartMarkup done on mobile phone.
August 22nd, 2024
Fantom : The daily downward trend line was brokenTrading Setup:
A Trading Signal is seen in the FTMUSDT Fantom (4h) (spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.360
⭕️SL @ 0.313
🔵TP1 @ 0.493
🔵TP2 @ 0.574
🔵TP3 @ 0.690
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
NOTUSDT ( INSIDE DESCENDING CHANNEL ) (4H)NOTUSDT
HELLO TRADERS
Tendency , the price inside two turning level at 0.013 & 0.015 .
TURNING LEVEL (1) : the price of this level at 0.015 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 0.013 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 0.017 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 0.020, for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 0.009, for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 0.005 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 0.1353 , have two scenario , first corrective 0.15, before dropping to touch a 0.13 , then 0.009, second corrective 0.013 to reach a 0.015 , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 0.017 , 0.020 ,
SUPPORT LEVEL : 0.009 , 0.005 .
THE BREAK OF NEIROETH - NEIRONEIRO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
NEIRO has the possibility to break.
BENDOG/USDT GOING FOR THE NEXT BREAKBENDOG/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
There is a good chance for a break, the chart shows 3the possible break, which can affect over 50%, the coming time frame we should follow for exact data.
The first focus target is