Current Market Situation: Bitcoin (BTC) appears unstoppable as it heads towards the crucial $60,000 zone. No-Trade Zone: BTC remains in a no-trade zone, with potential triggers only occurring at key extremes. Key Levels to Watch: Upper Extreme: $60,000 Lower Extreme: $53,500 Trading Strategy: Wait for BTC to reach either the $60,000 upper extreme or the $53,500...
This could go either way. I feel with the merge coming it wants to go to the next level but also know that is how a lot of people are also thinking. So this is be a very big decision point for Ethereum. Don't want to be on the wrong side of it for sure, A lot of over leveraged longs opening which concerns me. I know I would not buy spot at this price...
I'm waiting for BTC to make a double top before it continues to fall, I hope this happens. The rate hike was already priced in, so it didn't have a positive or negative effect. There is a possibility that with the volume falling towards the end of the week, BTC may come to 18500$-18600$ and decrease. Of course, this is an optimistic scenario and I have...
The suitable short position for CRV is as I have indicated in the chart. There seems to be a small bullish opportunity for Bitcoin in the short term, and when that happens, the CRV will follow. Should the CRV break its turquoise downtrend, it will be necessary to watch out for volume. Usually, when it breaks the trend, it makes a small rise for liquidity...
It dropped sharply from the $161 level I mentioned in my previous review and came to $135. He gets a reaction from there and tries to enter the channel again. 4-hour closes above turquoise should be carefully examined with volume candles. We have 2 scenarios ahead of us. In such a case, the scenario with the red arrow may be valid in such a case that it cannot ...
The negativities continue in the Solana network. They are not making enough profit. I have marked the levels to be followed according to the general market situation on the chart. Unless a mini rally comes , it seems impossible for the fader to reach the $25 level for now . If it wins the $17 threshold, I think it will quickly move to the $20-21 region, and...
I think that the current prices of BTC are not suitable for trading . For spot purchases, the $13300 and especially the $10000 price level are ideal places to buy BTC. Also, I think the $19000-19200 range is the maximum that BTC can go through in a possible mini-rally . According to my expectations, BTC will continue to fall without exceeding 19200$ levels...
Rune has been trading in a downward Channel since early may and has recently bounced of the major Resistance of the upper end of the channel. It broken the local support at the $2.75 - $2.84 region and is retesting the major Support of lower end of the channel at $1.99 - $2.01 Wait for a bounce or a breakdown of the Channel Support before entering a trade.
$ 6500 range maintained for more than 30 days. The failure of this range from both sides will determine the direction of the market. For long-term investment in Bitcoin, you have to wait longer, but for short-term traders, you can make a buy on the specified bottom and use the sell in a top range.
We are still flat as we stated before. No reason to get chopped up on range fomo. Stay safe out there!
If you wish to become the next internet meme on YouTube, then now is the time to buy/sell. And please, do it all in, it'll be funnier. Otherwise, don't let your emotions decide the amount of money they're worth you losing. In other words - focus, observe, remember. The history almost ALWAYS repeats itself. And most never learn it, even the hard way.
Hi Guys Here is 2 things The first is the minor CME gap at 18850 where the 50 EMA is located maybe btc will test first it and if price goes up from here then we can open short position from there. The second is big CME gap was at price 17k and the 200 EMA is also located which is strong support area if btc goes down from here and then we can open long position...
#1. Fidelity Investments has launched its first Bitcoin fund in late Aug. #2. Snappa followed MicroStrategy's footstep by moving a significant amount of cash reserve into Bitcoin in late Aug. #3. New clarification from US OCC clarified the confusion about the banking custody of crypto assets. #4. Just Eat now accepting bitcoin payment in France.
Hi Traders! The market is in a (weak) Downtrend. Let's begin with the daily Timeframe: As you can see we here have two main things to consider: 200 EMA The price is moving under the 200 EMA. That means that the average price of 200 days is contantly falling. We should use this information and establish to only take Sell-Trades. Daily Trendline Even the...
Good morning guys, the two recent setups with NeruSuite have been playing out nicely on the matching Pivots, both being cut off at the SMA100. Since then we could not validate the inverted Head and Shoulders and got now stuck in between Weekly and Monthly Pivot. I am going to remind you, that it happened also when we were experiencing the sideways between $7.6k...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
For me, unless BTC does a breakout of this descending wedge in whichever direction, I am not going to place trades. We need some serious up-volume, we already failed to form a good iHS and now face a lot of accumulated resistance. Take care of those yellow trendlines and the orange accumulation zone. Trade safe.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...