BTCUSDTBTC is likely to be sideways and in a downtrend until the end of January 2024. There is a possibility that next week, on the 26th-27th, BTC will be sideways in the range of 40k - 39k, perhaps touching the area of 38k a bit.
That's a brief analysis of BTCUSDT. Stay safe and keep Doing Your Own Research (DYOR).
Thank you.
Justforfun
SHORT BREAK ON GOLD ISLANDThe bears took the race and Gold hit over 400pips just as projected.
But we likely to see some possible Bull race at that marked zone before the Bears continue it Race to take out the significant Sell side Liquidity.
NB: 1788.63 also looks interesting but let see how price react to the marked POI.
Let have some chill Drinks while we await the Move.
HF.
AMB/BTC just for fun "Moon Analysis"AMB/BTC has been in a bear trend for years now
and flipping the top black diagonal whilst creating another
higher low would be bullish.
With the rumors of this supply chain meets blockchain
tech company working alongside IBM, Maersk
and others potentially coming to fruition, it could
see exponential growth...moon targets all the way to nearly
10,000 sats.
The monthly volume of July and August was remarkable,
each being much greater than any month prior. Could this
be wash trading? Maybe, maybe not. But it's fun to look at
moon targets regardless, and if the volume profile is
legitimate as well as the partnerships being true, with
more bullish information released about $AMB we may be
in for an exciting show.
These targets are solely based on previous S/R and
volume, they could very well never come close to
being reached, but with the uncertainty about this
Bitmex situation it's nice to keep things a little
lighthearted.
(S/R horizontal lines drawn on 1W chart,
using monthly candles here to emphasize volume)
A quick hourly BTC chart to watch, just for fun!I made this chart because I am notorious for deleting my charts and patterns to try out new stuff.
This is just a channel, a big wedge , a little wedge , and a fib retracement.
Prices marked are points of interest.
Based on these patterns, its going to be a while before BTC hits an interesting price range... that is, unless it has a crazy pop in the near future.
Let's see what happens!