ETH USD IdeaGreetings, Traders, and a prosperous New Year to all! As we re-enter the charts, the liquidity remains low in both the crypto and forex markets. Currently, no trades have been initiated, as we are patiently waiting for weekly order blocks to signal the commencement of the new year. Additionally, we are monitoring zones for potential discounts.
This routine tends to repeat itself each year, and historically, market activity is often subdued until the end of January. Notably, we are anticipating significant news related to the Bitcoin ETF on the 10th, which could impact our trades that have been performing well since the end of last year. Presently, we have set stops below the latest bullish distribution.
In the event of positive news on the 10th, we anticipate a substantial increase in price. However, it is crucial to acknowledge the fact that we are currently situated within the monthly bearish distribution zone. We will closely observe the developments this week and provide regular updates on our charts.
Stay tuned for further updates. Thank you, and happy trading!
Cryptonews
ETH Slightly Bearish 24-Hours, More ☁️ & 📉 Next Week? A bullish sun 🌞 shines over Bitcoin in the next 24 hours, heralding the impending decision by the US regulator on spot Bitcoin exchange-traded funds (ETFs). Cardano, Avalanche, and Dogecoin bask in the sunny forecast ☀️, as ATTMO reveals. Meanwhile, Ether, Ripple’s XRP, and Binance Coin encounter bearish clouds ☁️, signaling potential downside risks.
Over a one-week horizon, these bearish clouds ☁️ will sweep over the entire crypto sphere, hinting at looming downward pressure on Bitcoin. 📉
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BTC 🌞 24-Hr Forecast-Bullish; 7-Day Bearish, Downside Risk ☁️📉A bullish sun 🌞 shines over Bitcoin in the next 24 hours, heralding the impending decision by the US regulator on spot Bitcoin exchange-traded funds (ETFs). Cardano, Avalanche, and Dogecoin bask in the sunny forecast ☀️, as ATTMO reveals. Meanwhile, Ether, Ripple’s XRP, and Binance Coin encounter bearish clouds ☁️, signaling potential downside risks.
Over a one-week horizon, these bearish clouds ☁️ will sweep over the entire crypto sphere, hinting at looming downward pressure on Bitcoin. 📉
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3 Strong Reasons Why Today's Bitcoin Crash Was Predictable1. The previous monthly candle failed to close above the monthly ichimoku cloud. It is natural that it is very difficult to braek out the monthly kumo cloud.
The price of Bitcoin had reached the ceiling of the ascending channel, where it was accompanied by a SHORT signal.
Last week, in Daily timeframe the trendline had broken down, and yesterday the pullback was completed, and today it went down to the top of the komo cloud.
BNB Potential 24-Hour Upside 🌥️, One-Week Horizon Bearish ☁️Trading conditions will be mixed for Ripple’s XRP and Binance Coin set to benefit from the bullish sun, while Cardano, Avalanche, and Dogecoin will face bearish clouds ☁️, ATTMO shows.
Over a one-week horizon, these bearish clouds will also sweep over Binance Coin, while Cardano, Avalanche, and Polygon are forecast to gain as a bullish sun will shine. ☀️
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Bullish Resurgence on the Horizon: Bitcoin's Symphony of SignalsTechnical Analysis for Bitcoin: Anticipating a Resurgence Amidst Market Flux
Introduction:
In the volatile landscape of Bitcoin, a recent significant pullback to the $42,000 lows has paved the way for a renewed bullish impulse targeting $52,000. Despite prevailing bearish sentiments, our technical analysis points to several indicators suggesting a potential reversal and bullish momentum.
Technical Indicators:
RSI Probability Indicator: The RSI (Relative Strength Index) probability indicator has demonstrated a bottoming pattern and is entering the bullish zone. This suggests a shift in momentum towards the bulls.
Probability Bands Convergence: Probability bands are converging, indicating a potential alignment of market forces. This convergence is often a precursor to a significant market move, and in this case, it supports the anticipation of a bullish impulse.
MACD Regular Divergence: In smaller timeframes, the MACD (Moving Average Convergence Divergence) is exhibiting a regular divergence, further signaling a potential shift in momentum towards the upside.
Volume Analysis:
Despite the current low volume, the observed bullish pattern is a positive indicator. The expectation is that as the bullish momentum gains strength, trading volume will likely follow suit, supporting the upward trajectory.
Whale Transfers - Bullish Signals:
Recent large Bitcoin transfers, including 3,110 BTC and 6,999 BTC to Coinbase wallets, signify a strategic move by major players. This suggests that bullish entities are selling their holdings, possibly in anticipation of a major dip, with plans to re-enter the market at lower price levels.
Market Sentiment vs. Technical Analysis:
While the majority of market sentiment has shifted bearish, our technical analysis supports the hypothesis that a solid bottom may have already been established. Confirmation around the $42,710 mark is crucial, as it aligns with our analysis and adds credibility to the anticipated bullish move.
Negative News Impact:
Negative news surrounding the BRC-20 Ordinals token potentially replacing Bitcoin has caused concern and contributed to the recent decline. However, the consensus is shifting towards optimism, especially with the looming prospect of an upcoming ETF, which could act as a significant catalyst for Bitcoin's resurgence.
Conclusion:
In conclusion, the technical analysis for Bitcoin presents a compelling case for an imminent bullish impulse. The convergence of multiple indicators, coupled with strategic whale transfers and shifting consensus towards an upcoming ETF, all contribute to a positive outlook. Traders are advised to remain vigilant for confirmation around the $42,710 mark, as it serves as a key validation point for the anticipated bullish momentum.
BTC Bullish 1D & 1W Horizon 🌞 Bull Run Has Started? The bull run on the global crypto market will continue, with a bullish sun shining over Bitcoin, Binance Coin, Polygon, and Uniswap in the coming hours and week, ATTMO shows. 🌞
Ether and Ripple’s XRP will profit from the bullish sun in the next 24 hours, before bearish clouds ☁️ sweep in over a longer one-week horizon, signaling downside risks.
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Solana Update on 22/12/2023Resistance - 98 to 105
Medium Target - 180
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
BTC Bullish 24-Hour & 1-Week Horizon ☀️ What About Alts? A bullish sun ☀️ will shine over Bitcoin, Ripple’s XRP, Binance Coin, and Avalanche in the next 24 hours, while bearish clouds will sweep over Ether and Cardano. ☁️
These mixed trading signals will continue to prevail in the next seven days, with Bitcoin set to continue rising, and Ether facing downside pressure. 🌧️
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BNB Bullish ☀️ Ahead - Going Upwards! BTC ☀️, ETH 🌧️A bullish sun ☀️ will shine over Bitcoin, Ripple’s XRP, Binance Coin, and Avalanche in the next 24 hours, while bearish clouds will sweep over Ether and Cardano. ☁️
These mixed trading signals will continue to prevail in the next seven days, with Bitcoin set to continue rising, and Ether facing downside pressure. 🌧️
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XRP Bullish 24 Hrs ☀️; Bearish 1-Week Forecast ☁️ Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin, Ripple’s XRP, Binance Coin, Avalanche, and Polygon. Bearish clouds hang over Ether, Chainlink, and Cardano. ☁️
Over a one-week horizon, these bearish clouds ☁️ will move in and are likely to weigh on the price of Bitcoin, Ether, Litecoin, XRP, and Polygon. The bullish sun ☀️ will continue to shine over Cardano, Binance, and Avalanche.
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BTC Bullish 🌞 24H & 3D Horizons; 🐻ish ☁️ & Downtrend in 1 WeekA bullish sun 🌞 will shine over the global crypto market in the next 24 hours, signaling an upside trend. Bitcoin basks in the sunlight, currently exhibiting a bullish trend on both the 1-day and 3-day horizons. 🌞
However, over a one-week horizon, bearish clouds will sweep in, indicating potential downside risks ahead for Bitcoin and most alts, as forecasted by ATTMO. ☁️📉
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Global Crypto Market Looks 🐻ish; ☁️ & 📉 for BTC & Most Alts Rain 🌧️ and bearish clouds ☁️ linger over the global crypto market in the next hours and week, indicating downside risks ahead.
Bitcoin is slightly bearish, too, with the possibility of some sun ☀️ and a small rebound in 3 days. However, further downside is anticipated in a week. 📉
Only Binance Coin and Dogecoin are likely to see some sun ☀️ later this week, signaling some upside potential over a one-week horizon. 📈
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BTC - ☀️ 24H Forecast - Bullish; 🐻ish ☁️ In 1 Week? A bullish sun ☀️ will shine over the global crypto market in the next 24 hours, with the exception of Cardano and Avalanche which face cloudy, bearish trading conditions. ☁️
Over a one-week horizon, these bearish clouds will dominate, indicating a downside risk for Bitcoin, Ether, and other altcoins. ☁️ Some smaller crypto coins such as Cardano and Binance Coin will, however, profit from a bullish sun. ☀️
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ADA 🐻ish ☁️ - 24-Hr Forecast - Downside Risk;Rebound In 1 Week?A bullish sun ☀️ will shine over the global crypto market in the next 24 hours, with the exception of Cardano and Avalanche which face cloudy, bearish trading conditions. ☁️
Over a one-week horizon, these bearish clouds will dominate, indicating a downside risk for Bitcoin, Ether, and other altcoins. ☁️ Some smaller crypto coins such as Cardano and Binance Coin will, however, profit from a bullish sun. ☀️
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BTC 🌥️ Slightly Bullish 24 Hrs Ahead; Alts Bearish 🌧️Cloudy, or even rainy 🌧️ bearish trading conditions lie ahead of the crypto universe in the coming hours and week, signaling downside risks.
However, a timid sun 🌥️ will shine on Bitcoin in the next 24 hours, indicating upside potential before bearish clouds take over, ATTMO shows.
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ETH 🐻ish 24-Hr and 1-Week Forecast; ☁️ LoomingBearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️
Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very bullish trading conditions, will shine over the crypto token. The sun ☀️, although less bullish, will also shine over Binance Coin, Avalanche, and Dogecoin.
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UNI, LINK ☀️ 24Hrs Upside Potential; BTC ☁️🐻, Rebound In 1 WeekBearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️
Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very bullish trading conditions, will shine over the crypto token. The sun ☀️, although less bullish, will also shine over Binance Coin, Avalanche, and Dogecoin.
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New pattern reveleas in Bitcoin! So, congratulations to those who have made good entry in BTC. as per my previous analysis i was expecting the price up to $40,000 but the pump came in bitcoin was really insane. its a good feeling to know that big institution believing in bitcoin. anyways, moving on to my this analysis. here are few points which we need to understand now;
1. In day time frame, bitcoin is in over bought zone. hence, a correction is coming soon.
2. Psychologically $44,000 to $45,000 zone is a good resistance. if we look at the history we'll understand that this is the zone where bitcoin was accumulated a lot in the previous bull run. also it was the area of support when market was going in downtrend.
3. in 1 Hour time frame, a new pattern has reveled which is showing that slowly we are moving towards the correction. Why slowly, because this is the best way to trap opposite directions order and create panic in the market.
4. Bitcoin is going to touch $40,000 zone. that is going to be main testing to understand where we are going with bitcoin in upcoming months.
Have a safe stop loss and target.
#bitcoin #crypto #analysis
BNB ☁️ 24-Hours, Rebound in 1 Week; BTC Bullish ☀️A bullish ☀️ shines over most of the global crypto market, including Bitcoin and Ether, in the next 24 hours and seven days, ATTMO shows.
However, cloudy or rainy ☁️ bearish trading conditions will prevail over Binance Coin, Dogecoin, and Uniswap over the next 24 hours, although the bullish sun ☀️ will later come back and shine on Binance Coin.
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ETH Bullish 24-Hour Forecast ☀️ $2,500 Coming?A bullish sun ☀️ continues to dominate the skies over the global crypto market in the next 24 hours, indicating further upside potential for Bitcoin, Ether, and many altcoins. These bullish conditions will persist over a one-week horizon, according to ATTMO.
Exceptions are Avalanche, Binance Coin, and Uniswap which will face bearish clouds ☁️ and downside risk in the next 24 hours, as well as Ripple’s XRP and Uniswap over the coming week.
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