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BTCUSDT → Trade Analysis | BUY SetupHello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity BTCUSDT I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
COINBASE:BTCUSDLong
by TheGrove
1
DEVVE/USD Navigating the New Coin Chaos with DevvioHey there, crypto adventurers! Today, we're diving into the wild world of DEVVE/USD trading – buckle up, because it's gonna be a bumpy ride! With limited data on this new coin, we're venturing into uncharted territory, armed with nothing but our wits and a whole lot of memes. So, here's the scoop: DEVVE recently launched after simmering in the crypto cauldron for several years. And boy, did it make an entrance! After a healthy retracement from its initial bull run, we're seeing some intriguing price action unfold. Talk about drama, am I right? Now, let's get down to business. We broke support on the daily at the $1.18 level, and now we're staring down the barrel of the 78% Fibonacci retracement, retesting it like a boss. Assuming we play nice and respect resistance, we could be in for a downward push, closing the gap and potentially finding a cozy spot at the 88% fib level around the $0.50 mark. Fingers crossed, folks! But here's the kicker – if and only if that $0.50 level is respected as support, it might just be time to make a move. But hold onto your hats, because we've got some potential resistance zones to contend with, including the previous ATH ($1.80 - $2.00) and that sneaky 61% fib at $1.18. Traders, keep your eyes peeled for candle patterns signaling reversals – it's gonna be a wild ride! Now, here's a little disclaimer: Yours truly is invested in this project, so consider this a friendly shill from a fellow believer. No pump and dump schemes here, folks – just good ol' fashioned enthusiasm. But remember, always trade at your own risk! And hey, just a friendly reminder: while we're busy cracking jokes and riding the crypto rollercoaster, don't forget to stay up to date with the latest news on DEVVE. After all, fundamentals are the bread and butter of any successful trading strategy! So, here's to navigating the new coin chaos with Devvio – may the memes be plentiful and the profits be ever in your favor! Keywords: DEVVE/USD, trading analysis, new coin, price action, Fibonacci retracement, support levels, resistance zones, trading strategies, candle patterns, ATH, investing, risk management, cryptocurrency news, meme culture.
GATEIO:DEVVEUSDTLong
by PlutusX
1
SAND/USD - Bullish Potential Identified at Key Support ZoneKey Support Area Analysis: SAND/USD is currently positioned at a critical support level, historically significant as a former resistance zone. This level also coincides with the 4-hour trendline, reinforcing its importance in our analysis. Bullish Outlook: Considering the convergence of support factors, our analysis suggests a bullish bias for SAND/USD from this juncture. Trade Recommendations: Entry Point: We recommend taking entry near 0.59085, aligning with the support zone and anticipating the initiation of a bullish move. Stop Loss: To mitigate potential downside risk, it is prudent to set a Stop Loss near 0.5350, strategically placed below the support level. Take Profit Targets: We propose the following Take Profit levels: - TP-1: 0.6487 - TP-2: 0.7038 - TP-3: 0.7600 These targets are derived from technical analysis and represent potential areas of resistance where profit-taking could be considered. Risk Management: It is essential to adhere to sound risk management principles, including proper position sizing and adherence to the predetermined Stop Loss level. Conclusion: In conclusion, the technical analysis suggests a favorable risk-reward opportunity for a bullish move in SAND/USD, with clear entry, exit, and risk management parameters outlined. Traders should monitor price action closely and adjust their positions accordingly as the market evolves.
BINANCE:SANDUSDLong
by trading_jupiter
SOL/USD: Riding the Waves of Resistance with SOLANAWelcome back, crypto crusaders! Today, we're diving into the turbulent waters of SOL/USD trading with our favorite meme-like analysis. So grab your life vests and let's navigate the waves of resistance together! Right off the bat, SOL is giving us some serious déjà vu as it flirts with resistance levels that harken back to its previous all-time high (ATH). Talk about a blast from the past! But fear not, because we've got our trusty charts and Fibonacci levels to guide us through this storm. Zooming out to the monthly timeframe, we're seeing some unconfirmed structure, but the weekly suggests that resistance is looming large. However, amidst the chaos, there's a glimmer of hope – a bullish trendline on the monthly, aligning perfectly with the 615 Fibonacci level and structure. I smell a potential support zone brewing at the $100 level, assuming the price plays nice with the ATH as resistance. Cue the dramatic music! Now, here's the golden rule: Buy if and only if the structure is confirmed at the $100 level. We're talking about touching a support trendline here, folks – a break could send us spiraling down faster than you can say "crypto crash." And trust me, nobody wants to visit the dreaded $40 level! But wait, there's more! We're not just looking for confirmation of support – we're also keeping a keen eye on that pesky ATH level. If it decides to flex its resistance muscles, we might just find ourselves eyeing the $140 level as our new loading zone. Talk about a plot twist! As for our TP (take profit) level, we're setting our sights on the lofty $412.00 mark. But beware, brave traders – the ATH will be standing guard, ready to thwart any further push. Better review those lower timeframes to confirm our strategy. Remember, it's all about probability, folks – no trading advice here, just some good old-fashioned risk-taking. And hey, don't forget to stay up to date with the latest news on SOL – fundamentals are the wind beneath our trading sails! So, here's to riding the waves of resistance with SOLANA – may the memes be plentiful and the profits be ever in your favor! Keywords: SOL/USD, trading analysis, resistance levels, support zones, Fibonacci levels, bullish trendline, ATH, loading zone, take profit level, risk management, investing, trading advice, dollar-cost averaging, cryptocurrency news, meme culture.
BINANCE:SOLUSDLong
by PlutusX
BTC aims to break through the 66.8K barrier to continue - BTC/USDT remains below the 0.786 Fibonacci level (66.8K), but buyers of the mother cryptocurrency defend the psychological level of **65K**. - On the daily chart, we have observed that after reaching its all-time high at 73.8K and being rejected, the price has not managed to return to those levels. Instead, it has created a lower high at 71.8K. - The outflow of funds from Bitcoin ETFs and significant liquidity absorption by medium-term market participants have led us to this waiting and consolidation period. - Currently, the BTC/USDT price is trading around 66.5K, finding support at the 64.9K level (35-day EMA on the daily chart). What to Expect in April for BTC Price? To assess what will happen in the month, we need to look at higher timeframes, such as weekly or monthly. Regarding the weekly candle, it closed at **71.3K** (the highest weekly close in history). However, despite being a bullish close, BTC has returned to seek liquidity in the **65K** zone. To confirm weekly bullish continuation, we need to close above at least **70K**. As for the monthly candle in April, it has started in red, indicating bearish strength. However, if we look back at BTC's price history, in most cases, when we start the month in red, the monthly candle has always closed in green during bullish times. In this plausible scenario, especially considering the halving month, the idea that BTC could reach **80K** or even more is not far-fetched . THIS IS NOT INVESTMENT ADVICE NOR SHOULD IT BE TAKEN AS SUCH. EACH PERSON IS RESPONSIBLE FOR THEIR ACTIONS AS A TRADER, INVESTOR, ETC…
Long
by CRYPTONIA5
Narratives in cryptoNarratives its not a trend. The first investors who track and find the narrative and start buying tokens in this sector will make a good money, if theyll out in a right time. In the previous bull market, it was not difficult to see the DeFi narrative. Users wanted to see decentralization in everything: exchanges, stablecoins, wallets, landing pages, etc. Later, the narrative was born on exchanges with leverages such as DYDX, GMX, GNS and many others. Who paid attention to this narrative - made good money buying tokens or received a generous airdrops. On this Market you need always follow trends in order to better understand what is happening now around in this space. sometimes people can believe that Bitcoin halving will lead to price increases every four years - these and other narratives are used by many investors to predict price movements, but these are not some rules or laws in crypto! And often as we can see now old patterns and narratives stop working) The market is dynamic, you cannot perceive the market according to the old patterns of 2020, the world is changing. Defi in 2020, nft, layer1, The narratives are around Doge Coin and Elon Mask, shiba inu, Metaverse and Fb. Mana and sandbox grew in a few days, it is always important not the event itself and the sentiment around it, and it is important to enter and exit on time. Narrative AI, some tokens played back and showed new highs, and some were just speculation in this sector. Here's an important thing to note: ALWAYS have a fixation plan. Most narratives will eventually fail and the price of their tokens will bottom out. The best way to sense an emerging narrative is to practice critical thinking. Whenever you read any important news, even if it is not related to cryptocurrencies - think about whether it could potentially be related to cryptocurrencies. If so, with which coins or projects? Conventionally, a year ago no one was talking about RWA, now everyone has become like an expert in this sector. The same will happen with the DePin sector, I think SocialFI will be one of the key ones in the future, because we all use social networks. Why do narratives and catalysts matter in project evaluation? Just because a project is good doesn't mean it's the right time to invest. Fundamental analysis can help you determine which projects have the foundation for success, but narratives determine WHEN their prices will rise. Keeping track of narratives in a crypto can be a challenge because they can change very quickly. People are getting too obsessed with fundamental analysis. Asset prices only go up when other people buy them. Narratives + catalysts can drive people to buy. The project may be fundamentally good, but you may see downward or sideways price movement until there is a catalyst and narrative to drive growth. A great example of elastos, where fundamentally the project looks so cool, but has been in a downtrend for 5 years. And only now is some growth starting on the layer2 narrative for Bitcoin Find narratives and catalysts early by exploring social media platforms like Twitter and even niche media. Look at the key events coming up and then ask yourself, "What are the potential implications of these key events for the crypto market?". For example, at the moment, as I already said, it will be the RWA sector globally, that is, the tokenization of everything in the world. This is not a short-term narrative, but a long-term one. Short-term that will be tied to a sports event, Euro 2024 is a narrative of fan tokens, CHZ token and nft related around this topic, or even meme tokens. How to evaluate a narrative? - Can it be useful in the real world to suppress demand? - Can it affect a large number of people, or will it be a local group of people? - What is the current macro sentiment in the market, and the mood in social networks. After all, if the narrative takes place in a bear market, it will be very difficult to make a big profit from it. Then once you've identified potential narratives, you can look at the categories, and directly the tokens within those categories and their roadmaps. Take into account when forming your investment decisions - Analyze sentiment on Twitter, Reddit. This is where the main mood of the crowd is formed, follow the trends on Twitter, but remember that narratives can play both in a positive and negative way. - The main world media very often form a specially wrong opinion about the market, because essentially all the key media are controlled by big players, and since the coverage of users in them is large, they can set the vector for discussions. If all the mainstream media say that the RWA sector is just a bubble, a lot of people will actually believe it now) Narratives can emerge from portfolio analysis of public funds. But remember, funds can accumulate certain coins from a certain sector and anonymously a lot, but add some tokens to the portfolio on which they do not make a big bet, and you can go to all in. - Always analyze your media field with critical thinking. Analyze the information from the point of view of who and why start talk about this exactly now!? - Work with proper risks and invest according to your strategy - Do not invest in all sectors, choose a few of the most promising for you, and several tokens in each sector - Always filter who you read on social networks. millionaire influencers very often made capital not with trading) Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
BTC - Bullish Trend On For the Next 7 Days ☀️ Later today, a record worth of Bitcoin options, $9.5 billion, are set to expire, a factor that may cause volatility, The Block reports. The release of key US inflation data, the personal consumption expenditures (PCE) index, may also impact the crypto universe if the February data comes in above expectations. Analysts foresee the PCE index up 2.5 percent year-on-year, a level that remains above the Federal Reserve’s 2 percent target. Over the past 24 hours, price of Bitcoin was down 0.5 percent at $70,076, which is 5 percent below its all-time high reached mid-March. Yet, a bullish sun shines over most of the global crypto market, including Bitcoin and Ether, in the next 24 hours and week ahead. This signals further upside potential after a strong quarterly performance. Follow us for more crypto weather news and reports!
BITSTAMP:BTCUSDLong
by ATTMO
GRUSDT BUY IDEAWhile technical analysis provides valuable insights into market trends and patterns, it's essential to pair it with effective risk management strategies. By setting appropriate stop-loss orders, managing position sizes, and adhering to sound risk management principles, traders can mitigate potential losses and safeguard their capital. Mastering the art of trend and wave analysis equips traders with the tools they need to thrive in the dynamic world of cryptocurrency trading, paving the way for success in assets like GRT/USDT
Long
by Graxi1000
BTC Bullish Rally Before the Halving Event ☀️🚀Cryptocurrencies rebounded over the past 24 hours, after a week of profit taking and ahead of Friday’s options expiries. Almost $9 billion worth of Bitcoin options will expire then, an event likely to trigger price volatility, Deribit data shows. The price of Bitcoin rallied 5.5 percent to $70,862 over the past 24 hours, trading 4 percent below its all-time high. Bitcoin’s halving in less than a month’s time is another supporting factor. Read more about its halving here. “#Bitcoin has just caught traders off guard (as usual) with a huge rebound ascension to $70K. Why? Key #Bitcoin stakeholders had one of their single largest accumulation days in years. 51,959 collective #Bitcoin were accumulated . This translates to 0.263% of the entire currently available supply being accumulated in one day. As we close in on the final three weeks of the #halving on April 19th, it would be unsurprising to see these wallets continue to grow, resulting in a positive impact on #crypto-wide market caps,” the crypto intelligence firm Santiment said. The crypto universe is also boosted by comments from BlackRock’s Head of Digital Assets Robert Mitchnick. A modest concentration of Bitcoin in a portfolio can turn it into a diversifier, as the crypto coin generally is uncorrelated to other assets and has different fundamental drivers, CNBC quotes him as saying. A bullish sun, indicating upside potential, shines over the global crypto market and Bitcoin in the next 24 hours and coming week, ATTMO shows. Over a one-week horizon, the largest cryptocurrency should continue to profit from the bullish trading conditions. Follow us for more crypto weather and news reports!
BITSTAMP:BTCUSDLong
by ATTMO
ETH 24-Hour Upside ☀️ Consolidation in 3-7 Days ⛅A new Ether upgrade is being considered by its developers, just weeks after the successful launch of the Dencun upgrade on the Ether mainnet. The scope of the Electra upgrade, as this new upgrade is called, will be made in the coming 1-4 weeks, Christine Kim, Vice President at Galaxy announced. “There is the intention to have functional prototypes and devnets of Electra at some point in May and we're closing at the end of March,” according to the write up of the latest Ethereum developers’ consensus call. A bullish sun shines over the global crypto market in the next 24 hours, indicating upside potential for all coins covered by ATTMO with the exception of Dogecoin. Over the coming week, the trading conditions will be mixed with most coins continuing to profit from the bullish outlook. However, bearish clouds will linger over Ether, Cardano and Polkadot over this medium-term horizon, signaling a downward risk. Follow us for more crypto news and weather reports!
BITSTAMP:ETHUSD
by ATTMO
BTC - Bullish 🐂Vibes R Back 🌞 24H & 7D Upside PotentialOptimism about upcoming rate cuts by leading central banks as of June, may however continue to support the rebound witnessed over the weekend, with Bitcoin rising 4.9 percent to $67.251 over the past 24 hours. “It appears that Bitcoin is trying to break higher, and our upside targets of $83,000 and $102,000 could slowly be at play,” the Head of Research at 10x Research, Markus Thielen, said in his daily brief. The CEO of ARK Invest, Cathie Wood, remains ultra-bullish as for Bitcoin’s price development. “Since the Securities and Exchange Commission (SEC) gave institutions the green light to Bitcoin, if they were to allocate more than 5% of their portfolios to Bitcoin as we think they will – that would add $2.3M to the $1.5M price target we initially gave,” she is quoted as saying by CryptoSlate during a Bitcoin Investor Day held in New York on Friday. A bullish sun shines over the global crypto market in the next 24 hours, indicating upside potential for all coins covered by ATTMO, Bitcoin included. Over the coming week, the trading conditions will be mixed with most coins continuing to profit from the bullish outlook. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
BTC Losing 60K Support or Retracing in 3 Days? The cryptocurrency trend over the past 24 hours was sharply negative, as investors await the Federal Reserve’s interest rate projections on Wednesday. A rate cut is not on the cards, but comments about the timing and speed of the rate cuts expected later this year are eagerly awaited. The price of Bitcoin dropped 4.9 percent to $65,113 over the past 24 hours, 12 percent below its all-time high reached last Thursday. Bearish clouds, rain and even storms linger over the global crypto market in the next 24 hours and over a one-week horizon, with none of the crypto tokens covered by ATTMO being spared. Downside risks predominate in the short term but looks like some sun is about to shine on Bitcoin in 3 days, signaling a slight and potential recovery. Follow us for more crypto news and weather reports!
COINBASE:BTCUSD
by ATTMO
BTC is not an easy path for the most inexperienced!! "Bitcoin has depreciated by -12.37% since its peak on Thursday, March 14th, at 73.7K. BTC/USDT has fallen to the support level of 64.3K (25-period daily exponential moving average). From that level, buyers have defended the cryptocurrency against further declines, and it has recovered to the 69K level. At the time of writing this article, the flagship crypto is trading at 67.4K. If it closes above 69K, it could continue the bullish trend, aiming for the resistance at 73.7K and targeting the next level of 80K. Will central bank meetings impact BTC's price? The **Bank of Japan** is debating the possibility of ending its negative interest rate policy in its monthly monetary policy meeting. This comes after significant wage increases accompanying inflation. On the other hand, the **Federal Reserve** of the United States will keep its interest rates unchanged in its meeting this week, maintaining its benchmark rate at a 23-year high. Additionally, the **Bank of England** might pause rate hikes in its meeting this week, as August inflation data has been better than expected. In summary: - Bank of Japan: Possible end to negative rates. - Federal Reserve: Rates unchanged. - Bank of England: Possible pause in rate hikes. The daily technical analysis of BTC/USDT shows the MACD indicator with an ongoing red valley, which could lead to further declines for Bitcoin. However, if the 66.8K support level (0.786 Fibonacci) remains unbroken by the price, with a daily candle close above it, the price could experience a new pump toward new highs. The 25-period exponential moving average on the daily chart acted as support during the drop on Saturday, March 16th, providing relief to HOLDERS after less experienced crypto participants faced liquidation." "THIS IS NOT INVESTMENT ADVICE AND SHOULD NOT BE TAKEN AS SUCH. EACH INDIVIDUAL IS RESPONSIBLE FOR THEIR ACTIONS AS A TRADER, INVESTOR, ETC..."
Long
by CRYPTONIA5
BTC Slightly Bullish 24H ☀️; Bears Back in 3Days ☁️Cryptocurrencies regained some strength after having dropped sharply on Friday and over the weekend, with Bitcoin trading 7 percent below its all-time high (ATH) of $73,628 reached on Thursday. This volatility triggered liquidations of long positions of almost $900 million. The inflow of assets into the nine spot Bitcoin exchange traded products (ETFs) launched in mid-January is one of the factors that has driven the price of Bitcoin up over the past weeks. The price of Bitcoin increased 4.6 percent to $68,550 over the past 24 hours, and is up 32 percent over the past month. “Bitcoin started to sell off on Friday morning Asia time when Fidelity reported only $14m of inflows (for Thursday) vs. $280m the prior day. Bitcoin traded at $72,000 when the number came out. When BlackRock reported inflows of just $140m for Friday, Bitcoin sold off over the weekend. As Bitcoin broke the uptrend, liquidations were triggered, and Bitcoin fell to $65,000,” noted the Head of Research at 10x Research, Markus Thielen, who expects a further decline down to $59,000. The data analytics firm CryptoQuant points out that it’s largely short-term Bitcoin investors, those having held the token for less than five months, that are taking large profits right now. According to ATTMO, bullish sun will shine over Bitcoin in the next 24 hours. However, over a one-week horizon, bearish clouds will sweep in over a large part of the crypto universe and Bitcoin and most alts will face downside risks. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO