BTC USD UpdateOn BTCUSD, I'm still looking at this channel, and we have 1-2-3 swing points. But we're also building liquidity under us, so it's a very tricky situation. I want to add more to bullish trades, but it's hovering and tricking in buyers, so I'm standing on the side at the moment. If I see a move, I go in on 15-minute scalps and get my stop break-even in the first logical moment. So, not much to share today. Stay safe, friends. There are millions of assets on the market. I always stick with one that's clear to trade. My style is so simple and clear. All I need is a safe place for my stop loss. Other than that, I don't care about pushing trades. I've learned my lesson the hard way in the past.
Cryptomarket
CRYPTO MARKET CRASH COMING THE WEEK OF SEPT. 9TH - 15TH.I believe there is a massive crash coming for the crypto markets during the week of September 9th through the 15th. Don’t ask how I came up with this prediction; it’s too complex to get into. I don’t know if the drop will be a massive red candle in a single day or if it will be a multi-day process to achieve these lows, but I’m predicting that the minimum price drop will be 33%, to 50% in most cryptos (less than two weeks away).
This may be the 'Black Swan' that we have been waiting for, and for some, this will be the scariest moment in crypto. For others, it will be the buying opportunity of a lifetime.
Key takeaways from this prediction:
- The overall crypto market will drop sometime between Sept. 9th through the 15th.
- Price drop will be between 33% and 50% in a 7 day timeframe.
- Drop may be quick, as in a single day, or it may be a process that takes the full week.
Keep some cash on the sidelines to purchase physical coins to add to your long-term crypto stack. This buying opportunity may last only hours, days or could extend to the full week; only time will tell.
Let the countdown begin. And yes, I know this is a bold prediction, but I wouldn’t be sharing it if I didn’t believe it was actually going to happen, and yes, I may be wrong.
Good luck!
BITCOIN POWER !!!!How to Check Bitcoin's Current Price
Cryptocurrency Exchanges: Check prices on major exchanges like Binance, Coinbase, Kraken, or Bitfinex.
Financial Websites: Use financial websites such as CoinMarketCap, CoinGecko, or Yahoo Finance.
Mobile Apps: Utilize financial or cryptocurrency apps like Blockfolio, Delta, or CryptoCompare.
Insights on Bitcoin’s Price
Based on fundamental factors and current trends, here are some general insights:
Technical Analysis
Price Charts: Examine Bitcoin's price charts over various timeframes (daily, weekly, monthly) to identify trends and price patterns. Indicators such as Moving Averages (MA), Relative Strength Index (RSI), and support/resistance levels can provide insights into current trends.
Price Patterns: Watch for technical patterns like “head and shoulders,” “double top/bottom,” and divergence signals, which may help predict future price movements.
Economic Factors and News
Market News: News related to regulations, acceptance by major institutions, and global events can significantly impact Bitcoin’s price. For instance, discussions about monetary policy or security breaches can cause notable price volatility.
Market Sentiment: Investor sentiment also plays a crucial role. Optimism or concern within the investment community can lead to substantial price fluctuations.
Long-Term Trends and Fundamental Analysis
Mining and Supply: Bitcoin has a capped supply of 21 million BTC, and the new supply entering the market decreases over time (halving). This can influence long-term price trends.
Acceptance and Use Cases: Increasing acceptance of Bitcoin as a legal payment method and technological advancements like the Bitcoin Lightning Network can boost demand and impact price.
Global Economic Conditions
Inflation and Monetary Policy: Bitcoin is often seen as “digital gold” and can act as a hedge against inflation. Monetary policies and global economic conditions can affect Bitcoin’s attractiveness as an investment asset.
Conclusion
To get an accurate assessment of Bitcoin’s price at any given moment, check real-time data sources and apply technical analysis tools. Consider all fundamental factors and market news to make informed investment decisions. Remember, the cryptocurrency market is highly volatile, and investing in Bitcoin should be done cautiously and strategically.
Oas / Usdt OKX:OASUSDT
Certainly! Let’s delve into the technical analysis of OAS price with a focus on the wedge pattern and its implications.
### **Wedge Pattern Overview**
A wedge pattern is a technical chart formation where the price action converges within two trendlines that slope in the same direction—either upwards or downwards. In an upward wedge, the trendlines converge while sloping upwards, signaling a potential bearish reversal. Conversely, in a downward wedge, the trendlines converge while sloping downwards, signaling a potential bullish reversal.
### **Current Analysis of OAS**
**1. **Pattern Type:**
- Assuming you're observing an upward wedge (as the price is forming a wedge pattern and it's more common for bearish reversal), the narrowing price range indicates diminishing momentum in the current trend, suggesting the potential for a reversal.
**2. **Support and Resistance Levels:**
- **Support Zones:**
- **0.04023**: This level represents a critical support area where the price has historically found buying interest. It’s a significant zone to monitor for potential price stabilization.
- **0.03342**: This is a secondary support level lower than the primary one, and it provides additional protection against further downside movement.
- **Resistance Zones:**
- **0.05000**: This level serves as an initial resistance point. If the price breaks above this level, it would signal a bullish shift and potential upward movement.
- **0.06003**: A higher resistance level that, if surpassed, indicates a strong bullish signal and further potential upside.
### **Implications for the Trade**
- **Support Holding Scenario:**
If the price stabilizes and holds within the support zone (0.04023 to 0.03342), this stability suggests that buyers are active and willing to step in at these levels. In this case, the price may break out to the upside, targeting the resistance zones of 0.05000 and 0.06003. The strength of this move can be validated by observing increased volume and momentum.
- **Breakout Considerations:**
- **Upwards:** A break above 0.05000, with sustained trading above this level, would indicate a bullish trend reversal and could potentially drive the price towards 0.06003.
- **Downwards:** Conversely, if the price fails to hold the support and breaks below 0.03342, this would suggest weakness and a potential continuation of the bearish trend. In such a scenario, you would look for the next significant support levels further down.
- **Volume Analysis:**
The volume accompanying the price movement is crucial. A breakout accompanied by high volume indicates strong conviction and is more likely to sustain. Low volume may suggest that the breakout is weak and could lead to a false move.
### **Conclusion**
The wedge pattern currently forming suggests that the price is nearing a critical decision point. If the support levels hold, the price could potentially move toward the resistance zones. Conversely, a breakdown below support levels might suggest further declines. Keep an eye on volume, price action, and other technical indicators to validate any breakout or breakdown and refine your trading strategy accordingly.
Disclaimer : I am Not Financial Adviser . If You Loss Money Its Your own Headache or Problem . Do Not Invest If You Think You always Gonna Make Money . (DYOR) Always Do You Own Research...
XRPUSDT / TRADING BELOW FVG - 4H XRPUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 0.58 .
Downward Condition : With the price holding steady at the current turning level at 0.58 , it is likely to decline towards the support level of 0.55. If it stabilizes below this level, it could then reach the next target level of 0.51 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 0.58 , leading to a rise toward the resistance level (1) at 0.60 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 0.63 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.60 .
RESISTANCE LEVEL (2) : 0.63 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.55 .
SUPPORT LEVEL (2) : 0.51 .
TURNING LEVEL : 0.58 .
US500 - SWING SHORT ideaPrice made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
Trading Signal For AVAXUSDT Trading Setup:
There is a Trading Signal to Sell in AVAXUSDT Avalanche (1h)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 23.85
⭕️SL @ 24.46
🔵TP1 @ 21.87
🔵TP2 @ 21.00
🔵TP3 @ 19.65
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 .
LINK Long Position (Oversold Conditions)Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level.
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
BNBUSD ( BREAKOUT THE CHANNEL ) ( 4H )BNBUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , after breakout the channel .
Turning Level: The price is currently trading above this level around 512.2 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected.
support Level (1) : around 488.2 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 512.2 . If the price reaches 488.2 , and stabilizes below it, it will likely attempt to reach support level (2) .
support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 468.1 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 431.1 .
Resistance Level (1): As long as the price remains above the turning level of 512.2 , it suggests a rising towards 556.2 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2).
Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 582.9 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 605.8 .
Channel Trend: the trading rate within the descending channel .
TARGET LEVEL :
RESISTANCE LEVEL : 556.2 , 582.9 , 605.8 .
SUPPORT LEVEL : 488.2 , 468.1 , 431.1 .
DOGECOIN / CONTINUES RANGE MOVEMENT - 4H DOGECOIN / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 0.09 .
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.09 turning level , it is likely to move upward toward the resistance levels of 0.10 and then 0.11 .
Downward Condition : To reach the 0.08 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.09. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.07 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.11 .
RESISTANCE LEVEL (2) : 0.10 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.08 .
SUPPORT LEVEL (2) : 0.07 .
TURNING LEVEL : 0.09 .
NOTUSDT / INSIDE SENSITIVE AREA - 4HNOTUSDT / 4H TIMEFRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level (2) at 0.008
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.009 turning level , it is likely to move upward toward the resistance levels of 0.011 and then 0.013.
Downward Condition : To reach the 0.007 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.008. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.006 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.011.
RESISTANCE LEVEL (2) : 0.013 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.007 .
SUPPORT LEVEL (2) : 0.006 .
TURNING LEVEL (1) : 0.009 .
TURNING LEVEL (2) : 0.008 .
BTC USD UpdateSo We have Low Of 56120.00 what makes still price bullish, considering bearish price slap down for 2 days , it pretty good idea to start to trade higher in discount, but not exactly sure , we made 2% last week on this range, i do not want to give back to the market , and do swing trade at this point. I ll reduce risk into 0.1 % and scalp in 5 minute chart , maybe i get lucky and get runner, higher if not, i stand on side and trade it when clearity comes.
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.
Follow us for more crypto news and weather reports!
BTC USD UpdateOvernight, my last runner was roasted out by bearish momentum. So, what's the plan now? I'm still holding onto my bullish bias unless the bears push through the 56,120 weekly range low. We're currently in a deep discount area, so let's see if we can start finding sniper entries.
PS: It's been a heavy selloff over the past two days, so proceed with caution.
Phemex Analysis #17: BTC 10% Dip - A Buy or A Sell?The cryptocurrency market has experienced a significant shake-up in recent days, with PHEMEX:BTCUSDT.P , the largest cryptocurrency by market capitalization, suffering a 10% decline. This sharp drop has ignited widespread speculation and uncertainty among investors, prompting questions about the future trajectory of Bitcoin's price.
Is this a temporary setback, a much-needed correction before a renewed bullish run, or a harbinger of a more prolonged downtrend? To navigate this volatile landscape and make informed trading decisions, it is essential to carefully analyze various potential scenarios and factors influencing Bitcoin's price movement.
Potential Scenarios and Trading Strategies:
1. Small Retracement.
Bullish Signal: If Bitcoin forms a higher low above the previous low of $50,000 (or preferably $56,000) and bounces back with high volume, it could signal a bullish trend.
Trading Strategy: Consider buying the dip as a potential opportunity.
2. Bearish Drop.
Bearish Signal: If the price continues to drop sharply below $56,000 and even $50,000, it could indicate a bearish trend.
Trading Strategy: Look out for support levels like $41,500, as a price reversal might present a buying opportunity.
3. Consolidation and Bullish Rise.
Scenario: Bitcoin might undergo an extended consolidation period to accumulate buying power.
Bullish Signal: If the price breaks through $65,000 with high volume, it could signal a bullish trend.
Trading Strategy: Consider entering the market to ride the bullish wave.
Conclusion.
The recent 10% drop in Bitcoin's price has sparked uncertainty among investors. While it's impossible to predict the market with absolute certainty, analyzing potential scenarios and key factors can help you make informed trading decisions. Whether Bitcoin is experiencing a temporary setback or a more significant shift in trend depends on various factors, including market sentiment, technical indicators, and macroeconomic conditions.
By carefully considering these elements and implementing sound risk management strategies, you can navigate the volatile cryptocurrency market and potentially capitalize on both bullish and bearish trends.
Exciting Update on Phemex:
Phemex had launched Basket Order, which is a convenient order tool that simplifies your trading experience. It allows you to build a portfolio with multiple trading pairs, effortlessly set fund allocation ratios, and place a basket order with just a few clicks. Try it out at Phemex!
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Crypto TOTAL Market cap on the verge of a correctionThe crypto market just had a decent recovery from its latest crash on Black Monday. Now, it seems we can expect another low based on the market structure and technical analysis.
Historically, September has often been a red month for markets. What I expect is a quick flash in the market before it goes up to make new highs, starting the main bull market we've all been waiting for.
This correction to $1.5T will provide the liquidity and fuel for strong bullish momentum toward the main target of $6-7T in the TOTAL Crypto Market Cap IMO. DYOR
BTC v ETH Ratio. Yellow Coin is Back To Be The Only Game in TownThe cryptocurrency community recently took a trip down memory lane, reflecting on the early days of Bitcoin, when Bitcoin historian Pete Rizzo published a chart showing the cryptocurrency's pricing exactly 14 years ago.
14 years ago, on August 23, 2010, you could buy 10 Bitcoin for $1.
Back in 2010, Bitcoin was a relatively unknown digital currency, having launched the year before and was primarily used by a small group of enthusiasts and early adopters.
From being worth mere cents to reaching all-time highs of nearly $74,000 this year, Bitcoin's price growth has been nothing short of extraordinary. What began as an idea for a decentralized currency has grown into a multi-trillion-dollar market, attracting investors, institutions and governments worldwide.
Recent weeks have seen numerous reactivations of several ancient Bitcoin wallets, whose value has skyrocketed astronomically as the price of Bitcoin increased.
Ethereum is a bit younger coin, a symbol and a face of all altcoins; it is a decentralized blockchain with smart contract functionality. Ether use the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to bitcoin in market capitalization. It is open-source software.
Ethereum was initially described in late 2013 in a white paper by Vitalik Buterin, a programmer and co-founder of Bitcoin Magazine, that described a way to build decentralized applications. Buterin argued to the Bitcoin Core developers that blockchain technology could benefit from other applications besides money and that it needed a more robust language for application development that could lead to attaching real-world assets, such as stocks and property, to the blockchain.
In total they both, Bitcoin and Ethereum, weight around 72% of total market cap in this time, where BTC weights near 57%, and ETH weights around 15%.
The main technical graph (BTCETH) represents ratio between these two major crypto coins, BTC and ETH overall.
In technical terms, it's been highlighted on the graph several important issues:
👉 Reversed Head-and-Shoulders technical structure in development, as BTCETH ratio has recently broke it's 3-years old resistance.
BTC seems more powerful coin against ETH and other altcoins, and BTC Dominance CRYPTOCAP:BTC.D is rising over the past 3 years and a half, since it hit the bottom near 40% degree.
👉 52-weeks SMA supports BTCETH ratio over the past twelve months.
👉 5-years SMA resistance is near to brake by surging BTCETH, 1st time in history ever.
In a bottom line Yellow Coin is back to be the only game in town, as markets participants seems trying to consolidate near the most strong crypto asset only (i.e. BTC).