JICPT| BTC seeking support from recent low around 33K to 35KHello everyone. BTC has rebounded by approximately 40% after being stopped at key supply zones where 200EMA & anchored VWAP are sitting as marked in the chart.
if you look at the candle formed on Jan. 24th, the abnormal huge volume and thin spread candle may get your attention. It was followed by thin spread candles with volume reduced drastically. In my view, I think sellers are tired and buyers can relatively easier to move the price higher, until it came to the level of 45K.
The candle pattern made me a bit disappointed, because I'm bullish on BTC. At lease, give me one yellow volume bar. The 2nd revisit was definitely a failure due to the low volume.
I think BTC is forming sideway structure(accumulation) . I would be interested in the bottom zone(33K to 35K).
What do you think? Give me a like if you're with me.
Keylevel
SOL, possible BREAKOUT of the key level!Solana has already tested the key level of $81 several times!
This is an important local level, under which lots of traders set stop-losses! After each test of the level, the volumes fall (indicated in the bottom panel), which means the weakness of the buyers.
In the near future it is possible that this key level will be broken in order to collect liquidity below it and to take long positions by whales.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ETHEREUM 🔮🤔 RUSSIA vs UKRAINE 💲💲💲 BULLS vs BEARSHello everyone,
Recently I asked myself and you the question "Is war negative news for cryptocurrencies?"
I replied to myself that no! On the contrary !
Ukraine gets financial aid from all over the world through BTC, ETH, USDT.
Russia gets sanctions on SWIFT and has an alternative, cryptocurrencies!
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Technical analysis
We are at a key level moment.
On the one hand, we have a double doubletop test confirmed. (average term)
On the other hand, there are two lows, including one higher than the other, which gives a double bottom. (long term)
SUPPORT $ 2300 (After Target Break: $ 1700-1500)
RESISTANCE $ 3250 (after Target: NEW ATH break)
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At the moment we will have an interesting fight between bears and bulls.
What could be worse to pull the price down from the war?
NUCLEAR WAR. I hope it will end only with scaring, but we can see what is happening in Ukraine,
and everyone said that there would be no war;) "It will end with the Donetsk as it was with Crimea, Chechnya, Georgia."
For me, an investor, nothing could be worse, because if there was to be a nuclear war, it would not survive it anyway, so?
It is worth investing;) It cannot be any better, because such prices may not be available in the future.
Taking into account the ONCHAIN data, you can see the movements of the whales confirming passing the hole.
As for my movements, I follow them and I have made a lot of purchases.
Support Ukraine!
BTC - 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) - 0x165CD37b4C644C2921454429E7F9358d18A45e14
Comment and like,
Greetings from PL
A reversal pattern appeared with USDJPYDaily time frame.
Structure: Uptrend.
A divergence signal with MACD and a double top reversal pattern appeared.
Waiting for the falling price to break the Key level at 113,500 and have a signal to confirm the downtrend, then we can look for selling opportunities.
The profit target is the 109,000 price zone.
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Wish you all have a good trading day!
GBPAUD Is BEARISHAs we look at the charts, we see price hit Key Fib levels and the Trendline.
At the beginning of the Feb 21 week, we are at the trendline and a Key level that has been rejected 3 times. If the bulls give up trying to push price above the level, we look for price to drop to 1.87090 (TP3). I would enter for buys until price hit the 1.8640
CADJPY Sell perfect EntryAll along price respected our POI, breaking structure to the low. As you can see price started to accumulate and creating liquidity on the lows, obviously our targets. Price mitigated the OB in blue and is align to a bearish BIAS.
Our target is, to see price break liquidity and drop to the next KL on 82.00 but we can see some reaction on the 86.00 level, so we will take some parcials.
Divergence appears and selling opportunity in GBPCADH4 time frame.
Structure: Uptrend.
A divergence signal appeared at the 1.73000 resistance area.
Waiting for downtrend confirmation could find selling opportunities.
The profit target is the 1.71400 and 1.69600 price zone.
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Wish you all have a good trading day!
Key level broken and buying opportunity with AUDCADH1 time frame.
Structure: Uptrend.
The key level at 0.91000 of the retracement move was broken.
Waiting for a confirmation of a bullish signal can find a buying opportunity.
Profit target is 0.92000 price zone.
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Wish you all have a good trading day!
Key level broken and buying opportunity with BTCH1 time frame.
Structure: The downtrend ended when Key level at 42800 was broken.
Wait for the retest and the bullish confirmation signal to find an opportunity to enter a buy order.
The profit target is the 45500 price zone.
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Wish you all have a good trading day!
Divergence signal and selling opportunity in GBPUSDH2 time frame.
The uptrend shows a divergence signal with the MACD indicator.
Wait for the price to break the Key level at 1.35000 and have a retest to confirm the downtrend, then you can find selling opportunities.
The profit target is the 1.33600 and 1.32500 price zone.
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Wish you all have a good trading day!
The divergence and key level break signal appeared with EURUSDH2 time frame.
Structure: The uptrend ended when the price broke the Key level at 1.14000.
Wait for a retest and a bearish confirmation signal to find a selling opportunity.
The profit target is the 1.12700 and 1.11200 price zone.
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Wish you all have a good trading day!
Key level broken and buying opportunity with EURGBPH4 time frame.
Structure: The downtrend ended when Key level was broken at 0.84200.
Wait for the retest and the bullish confirmation signal to look for buying opportunities.
Profit target is 0.86000 price zone.
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Wish you all have a good trading day!
Local Double TOP or CORRECTION? A key place for BITCOIN !!! 🌖😱Hello everyone,
We are located in a key place for BITCOIN, and thus for all cryptocurrencies.
We should watch this zone in terms of a possible local Double TOP.
In that case, we should expect a drop, then a retest from below at $ 42.5k and a further slide.
If the bears are defeated, I expect spikes even for the new ATH!
The yellow lines are all the strongest resistances and supports, they should guide you like signposts on the road;)
Comment and like,
Good luck.
Key level broken and buying opportunity with XAGUSDH2 time frame.
Structure: The downtrend ended when the Key level at 23.000 was broken.
Wait for the price to retest and the uptrend confirmation signal to appear, then you can find buying opportunities.
The profit target is the 23.800 and 24.800 price zones.
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Wish you all have a good trading day!
Key level broken and buying opportunity with EURCHFH4 time frame.
Structure: The short-term downtrend ended when the price broke the Key level at 1.05000.
Wait for the price to retest and confirm the bullish signal, then you can find buying opportunities.
The profit target is the 1.07000 price zone.
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Wish you all have a good trading day!
Divergence signal and selling opportunity appeared with XAUUSDH1 time frame.
Structure: The uptrend shows a divergence signal with the MACD indicator.
Wait for the falling price to break the Key level at the 1795 price zone and confirm the signal, then you can find selling opportunities.
The profit target is the 1760 price zone.
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Wish you all have a good trading day!
Buying analysis USDCADWe got more evidence telling us the market might be stronger for buys. As you can see, we got a demand zone within the fibonacci. Adding that to the fact that we're currently in a uptrend tells me that the two trendlines are most likely just manipulation. I can also see some more evidence on a lower timeframe but that will be to complex for this timeframe:)
Key level broken and buying opportunity with AUDCADH4 time frame.
Structure: The downtrend ended when the bull broke the Key level at 0.90500.
Wait for the retest and the uptrend confirmation signal to look for buying opportunities.
The profit target is 0.92000 price zone.
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Wish you all have a good trading day!
A divergence signal appeared with GBPAUDH4 time frame.
Structure: Uptrend.
A divergence signal appeared with the MACD indicator.
Wait for the price to break the Key level at 1.87500 and have a bearish confirmation signal, then you can find selling opportunities.
The profit target is the 1.84000 price zone.
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Wish you all have a good trading day!
BTC needs to hold key level to go to 36,100BTC is trading at key levels with an uptrend on linear regression on the 1h chart.
It needs to hold current level at ~35,900 to be able to move to the next support at ~36,100
Traders should expect scalping as a good trading strategy as volume is unpredictable.
BTC can go either way at this current level.
Key level broken and buying opportunity with EURGBPH4 time frame.
Structure: The downtrend ended when the price broke the Key level at 0.83700.
Wait for the price to retest to confirm the uptrend, then you can find buying opportunities.
Profit target is 0.85000 price zone.
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Wish you all have a good trading day!