BTCUSD—Price Action Targeting 58K–59K, Market Turning RedGM crypto bro's, Fear and Greed Index is in the fear zone this morning at 39, with Stoch RSI dropping back into the oversold area.
As I remind you every day, always be cautious of potential dumps. In yesterday’s market update, I expected BTC to visit 65K first, but the market had other plans, dropping to 60K. Now, where’s BTC heading next? Price action suggests a potential visit to the 59K–58K range, around the red zone, with a possible slight reclaim to 61K.
Keep in mind that the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Marketupdate
Bitcoin falling to 59K??? Short-term prediction!!Hey guys!
Many interesting things happening at the market right now, and here are my thoughts about BTC.
So in quick we have a red cross on 4H, so seems like we at least can see BTC around 59K, cause also this is important Fib 0,618 level.
The volumes are still descending, plus the green line was broke, which means that we have a convergence with volume.
For me, for sure we gonna touch 59K zone and after we will see.
What's your thoughts?
BTCUSD—Sideways Action with 65K Target, keep Stay Alert GM crypto bro's, the market is moving sideways this morning with the Fear and Greed Index at a neutral 49, and Stoch RSI exiting the oversold zone.
Overall, the target remains the same at 65K, but the risk of a dump still exists. Keep in mind that the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Midweek Outlook—Pump to 65K Likely with Small Dump RiskGM crypto bro's, this morning, the Fear and Greed Index is neutral at 49, while the Stoch RSI has started to exit the oversold area.
Yesterday's candle (07/10) touched 64K but dropped back to 62K this morning. What’s next for BTC? Based on price action, there's a high probability for another pump up to 65K. Though a deeper dump is possible, I personally think the pump probability is higher.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Bitcoin breaking 64k!!! Next 68???Hey guys!
Friday scenario didn't worked and we continue growing. Here are some thoughts about next movements.
Bullish: We're now moving in a raising channel and the MA have a bullish cross.
Bearish: The RSI is closing to the overbought point and there is the volume divergence.
Additional: We are between two important resistance and support levels.
So my thoughts here, that If buying momentum continues to fade, given the volume divergence and high RSI, a short-term pullback could occur, potentially taking Bitcoin towards the $62,000 support level. Should this support hold, it may provide a bounce opportunity for bulls to regain momentum.
On the other hand, if Bitcoin manages a successful break above the $64,000 resistance, it could pave the way for a move towards the higher resistance levels between $66,000 and $68,000, marking a continued bullish trend.
What u think?
Ethereum's Path to $4,200: Rising Channel Signals Big MovesHello, fellow traders! I'm excited to share my latest insights on Ethereum. Let's dive into the long-term trends and what they might mean for us in the upcoming months.
Current Market Structure
Ethereum's price is developing within a long-term rising channel, showcasing a series of higher lows and higher highs since 2022. This pattern indicates a sustained bullish momentum.
Key Support Level: $2,000
This level is crucial. Holding above $2,000 suggests Ethereum may continue to rise within the channel.
A breakdown below could signal a potential shift in the trend.
Potential Price Movements
Upside Potential:
If Ethereum remains in the rising channel, there's a strong chance we could see a move up to the previous all-time high (ATH) around $4,200.
Breaking above $4,200 might pave the way for new ATHs.
Resistance and Reversal Risks:
The previous ATH at $4,200 could act as a significant resistance point.
There's a possibility of a pullback from this level, potentially leading to a "stop-loss hunt" scenario that might drag prices down to the $3,400–$3,200 area.
My Outlook
I'm anticipating movement within the rising channel towards $4,200 in the coming months. At this key level, caution is essential. Considering taking profits or adjusting positions could be a wise strategy.
What do you think about Ethereum's current setup? Are you observing similar patterns or have a different perspective? I'd love to hear your thoughts!
If you found this analysis helpful, please give it a like and follow for more crypto insights. Best of luck to all the hodlers and traders out there!
BTCUSD Weekend Outlook—Targeting 64K with Potential Drop to 59KGM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 50, while the Stoch RSI is slowly exiting the oversold zone.
Today’s market outlook is similar to yesterday’s, with a target of 64K, though there is still potential for another drop, possibly back to the 59K area.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Reclaims 62K with Bullish Signs—Potential to Reach 64KGM crypto bro's, this morning the Fear and Greed Index has increased, moving out of the fear zone and into neutral at 49. Meanwhile, the Stoch RSI is signaling potential upward movement.
BTC has reclaimed the 62K area as I mentioned in yesterday's update, and the bullish price action seen this weekend may increase the probability of BTC reaching the 64K range.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTC in Bearish Flag!!! Are we going deeper?Hey traders!
Short term update for Bitcoin.
So we have here:
1) Bearish flag on 1H timeframe
2) Descending volumes
3) Divergence from the BTC direction and volumes
For me, we can go to the next Fib level, which is 0,618 and it's an important one. After we could see the reaction and try to understand what can be next.
What's your thoughts?
FET/USDT Structure Shifted BearishLooks like we're in for a major drop! The market structure is signaling strong bearish momentum—be cautious if you're holding. 📉
Could see some massive corrections coming. Stay alert and trade smart! 💡
#Crypto #FETUSDT #BearishTrend #MarketUpdate #TradingAlert #CryptoAnalysis
BTCUSD Struggles Amid Fear—Downtrend Continues ?GM crypto bro's, this morning BTC continues its decline, with the Fear and Greed Index now sitting at 41 in the fear zone, and the Stoch RSI still in the oversold area.
Looking at the price action on the H4 timeframe, there’s a small chance BTC could reclaim the 62K area, but the probability of further decline to 59K is higher. With the weekend approaching, we can expect low volume in the market.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Approaching Accumulation Zone – Fear Dominates, Oversold GM crypto bro's, this morning the Fear and Greed Index remains in the fear zone, sitting at 37, and the Stoch RSI has entered the oversold area.
The candle close on the 2nd has not managed to break above 62K. However, this doesn’t mean the potential for 69K is off the table. Given the price action and the current Fear and Greed Index, now might be a good time for accumulating more Bitcoin.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD October Fear Zone – Is 69K Still on the Horizon?GM crypto bro's, finally BTC corrected to the range I've been reminding you about for days now, dipping as low as 60K, and currently, the price is sitting at 61,163. The Fear and Greed Index has dropped into the fear zone at 42, accompanied by the Stoch RSI entering the oversold area.
What's next for BTC? If today's candle closes above 62K, there's a strong potential for 69K to become the next target. However, if the price fails to close above that range, we might see another drop to 59K.
As I remind you daily, the market is dynamic—don’t get FOMO. Always maintain your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Bitcoin fail Septembull, Drop or Just a Setup for the Next Pump?GM crypto bro's, today BTC's monthly candle closed without achieving a Septembull, showing instead a tendency for further correction. The Fear and Greed Index is at 50, along with a significant drop in the Stoch RSI.
As mentioned in previous updates, there is still a potential correction down to the 60K - 59K range. BTC currently sits at 63,538 with a strong bearish candle. Is the pump to 69K still possible? Yes, but I personally see only a 30% chance for that, while the probability of a correction to 61K - 59K is around 70%.
Happy payday to those who got paid! Remember, the market is dynamic—don’t get FOMO. Keep buying more Bitcoin, maintain risk even though life is full of risks. A great sailor isn’t great because of a luxurious ship but because of their skill as the captain. As always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Correction to 60K - Will September Close Bullish?GM crypto bro's, happy Monday! This morning, the Fear and Greed Index is sitting in the greed zone at 61, while the Stoch RSI remains overbought.
BTC has started to show signs of correction from the 66K range. The potential correction area remains the same as mentioned in our previous updates, targeting the 60K - 59K range, or maybe it will only hit 61K. Keep in mind that tomorrow is the monthly closing candle for September. If BTC closes above 64,700, then we could consider this a Septembull finish.
Remember, the market is dynamic—don’t get FOMO. Always be aware of correction possibilities because anything can happen. Always manage your risk. That’s all for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day, stay SAFU, and don’t forget—buy more Bitcoin.
BTCUSD Holding 65K - Pump to 70K or Correction to 60K?GM crypto bro's, happy weekend! This morning, BTC is still holding in the 65K range with the Fear and Greed Index in the greed zone at 63, while the Stoch RSI remains in the overbought area just like yesterday.
Today's market outlook is still the same—potential for an instant pump to 69K - 70K, but also the possibility of a dump down to the 60K - 59K range. So, keep staying safe out there! Remember, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day and stay SAFU!
BTCUSD Weekend Outlook - Greed Zone at 64, Correction or Pump?GM crypto bro's, happy weekend! This morning, the Fear and Greed Index is in the greed zone at 64, while the Stoch RSI has risen back to the overbought area.
Today's market outlook remains similar to yesterday’s, with a potential correction around the 60K - 59K range, while the pump target is 69K - 70K. Considering it’s the weekend and nearing the end of the month, a correction is likely, especially with the Fear and Greed Index showing high greed at 64.
Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Approaching 65K - What’s Next? 60K or 70K?GM crypto bro's, this morning, the Fear and Greed Index has risen again, entering the greed zone at 61, and BTC has pumped towards our target in the 65K range.
Yesterday’s correction only reached 62K, without touching 61K, but BTC still managed to correct slightly before successfully pumping into our target range of 65K - 66K. Now, what's next?
In terms of price action on the weekly chart, there's potential for BTC to correct again to the 60K - 59K range, with a potential pump towards 69K - 70K.
Let’s see if the end of this month will bring a "Septembull" or just a "Septembear." Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Correction After 64.7K Pump - Testing 61K - 62K Next?GM crypto bro's, BTC has finally seen a correction this morning after pumping to around 64,700. The day starts with the Fear and Greed Index back in the neutral zone at 50.
The possible area that BTC might test during this correction could be in the 61K - 62K range, as we've mentioned in previous market updates. Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Daily Update - Greed Zone, But No Correction Yet?GM crypto bro's, this morning, the Fear and Greed Index has finally entered the greed zone at 59. It seems BTC still isn’t ready to correct down to the 61K - 60K range.
BTC is already quite overbought in terms of price action, and the Fear and Greed Index is also showing signs of a potential correction. However, our pump target remains the same as yesterday, around 65K - 66K.
Keep in mind, the market is dynamic, don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Daily Outlook - Small Correction After the 64K Surge?GM crypto bro's, let’s start today’s market update with the Fear and Greed Index still in the neutral zone at 54, while the stoch RSI remains in the overbought area.
BTC has risen quite high to the 64K range, so it's normal to expect a small correction today. The potential correction range is still the same as I mentioned in the previous updates, around 61K - 60K.
In the crypto market, it's like sailing on the ocean—enjoy the beautiful waves and also brace for the storms. Keep in mind, the market is dynamic, don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Outlook - Heading to 65K Before a Correction?GM crypto bro's, back to this harsh reality. The morning starts with the Fear and Greed Index sitting at 50 in the neutral zone, while the stoch RSI remains in the overbought area.
Today's BTC price action seems reluctant to correct for now, maybe preferring to hit the 65K - 66K range first, considering the Fear and Greed Index hasn't entered the greed zone yet. Usually, there's a higher probability of correction when the market is in greed.
But let’s see how the crypto market mood plays out today. Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!
BTCUSD Weekend Outlook - Small Correction Before the Pump?GM crypto bro's, happy weekend! This Sunday morning, the Fear and Greed Index is still chilling in the neutral zone at 52, while the stoch RSI remains in the overbought zone.
Looking at today’s price action, there’s potential for BTC to experience a small correction, maybe down to the 61K - 60K range, before continuing its pump towards our target of 65K - 66K.
Keep in mind, the market is dynamic—don’t get FOMO. Be cautious of potential corrections because anything can happen. Always manage your risk. That’s it for today’s crypto update, this is Akki signing off. One chart, one love. Have a nice day!