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Technical_analysis

Analyzing BTCUSDT: Next Potential Breakout Zones - Bitcoin◳◱ On the $BTC/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 85635.01 | 90900 | 105565 and support near 70970.01 | 61570 | 46905. Entering trades at 90343.99 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Bitcoin ▣ Rank: 1 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Bitcoin is the first distributed consensus-based, censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. Bitcoin (BTC), the native asset of the Bitcoin blockchain, is the world's first digital currency without a central bank or administrator. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay between full nodes, miners, and developers. It is set by a social contract that is created and opted into by the users of the network and hardened through game theory and cryptography. Bitcoin is the first, oldest, and largest cryptocurrency in the world. ◰◲ Technical Metrics : ▣ Mrkt Price: 90343.99 ₮ ▣ 24HVol: 1,945,711,003.703 ₮ ▣ 24H Chng: -0.456% ▣ 7-Days Chng: 13.30% ▣ 1-Month Chng: 34.19% ▣ 3-Months Chng: 51.53% ◲◰ Pivot Points - Levels : ◥ Resistance: 85635.01 | 90900 | 105565 ◢ Support: 70970.01 | 61570 | 46905 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 6.34 ▣ Last 90D: 3.62 ▣ Last 1-Y: 1.91 ▣ Last 3-Y: 0.51 ◲◰ Volatility : ▣ Last 30D: 0.58 ▣ Last 90D: 0.49 ▣ Last 1-Y: 0.53 ▣ Last 3-Y: 0.55 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth BTCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Don't Miss Out on BTC/USDT - Bitcoin.◳◱ On the $BTC/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 85635.01 | 90900 | 105565 and support near 70970.01 | 61570 | 46905. Entering trades at 90395.99 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Bitcoin ▣ Rank: 1 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Bitcoin is the first distributed consensus-based, censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. Bitcoin (BTC), the native asset of the Bitcoin blockchain, is the world's first digital currency without a central bank or administrator. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay between full nodes, miners, and developers. It is set by a social contract that is created and opted into by the users of the network and hardened through game theory and cryptography. Bitcoin is the first, oldest, and largest cryptocurrency in the world. ◰◲ Technical Metrics : ▣ Mrkt Price: 90395.99 ₮ ▣ 24HVol: 1,969,087,111.114 ₮ ▣ 24H Chng: -0.354% ▣ 7-Days Chng: 13.27% ▣ 1-Month Chng: 34.16% ▣ 3-Months Chng: 51.67% ◲◰ Pivot Points - Levels : ◥ Resistance: 85635.01 | 90900 | 105565 ◢ Support: 70970.01 | 61570 | 46905 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 6.34 ▣ Last 90D: 3.62 ▣ Last 1-Y: 1.91 ▣ Last 3-Y: 0.51 ◲◰ Volatility : ▣ Last 30D: 0.58 ▣ Last 90D: 0.49 ▣ Last 1-Y: 0.53 ▣ Last 3-Y: 0.55 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth BTCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
SasanSeifi| TONCOIN:Is a Further Correction Coming?Hey there, ✌ 🔹In the daily timeframe, analysing the KUCOIN:TONUSDT chart, reveals that the price has been on a downward trend since the $8 level. After breaking the crucial $6 support, this downtrend extended to around $4.80. Following this decline, the price saw a nearly 50% recovery and pulled back to $6, but then faced further correction to $4.50. 🔵Currently, with the price not stabilizing below the previous LOW, it has managed to grow at least 50% from the previous correction leg. The medium-term outlook remains generally bearish. If the price fails to break significant resistance levels between $6 and $6.50 and confirm a SELL signal while completing the pullback, further price correction towards $4 and potentially $3.50 might occur. 💢However, if resistance levels are broken and stabilize, the price may rise towards the $7.50 to $8 range. In this case, further analysis will be needed to determine if the previous high will be surpassed and whether the bullish trend will continue.❗❓ 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Short
by SasanSeifi
A SWING BULLISH SCENARIO FOR THE POUND?DOLLAR (GBPUSD) PAIRClearly price is in an upward trajectory as price recently gave us a break of structure from July 2023 high which was a pivot point and a strong high for price . Previously we saw price gave us a break of structure to the downside from the highs that were created in may of 2021 around 1.4247 and the low that gave a BOS in sep of 2022 around 1.0343 which prompted price to trade back into premium zone of these two ranges. Price tapped into 0.705 fib level around 1.0309 in July of 2023 and immediately rejected which is normal if price is meant to continue downward. but price sold and found support around 1.0204 in Oct of 2023 which technically means a trendline is activated to support price suggesting market participants expect a possible trending market to the upside . Now recently price has violated 2023 high which was supposed to be intact if we are bearish, thus confriming the possibilitiesof an uptrend. possible next supply zone for price will be equal 2021 highs or monthly bearish ob around 2021 highs. If the consequent encroachment of the ob fails to resist price then price will either use 2021 highs as draw on liquidity to retrace back into fib OTE levels or just break above, either ways that zone is GU's next line of defense.
Long
by Houdini4k
XAUUSD | Bearish DivergenceCurrently, XAUUSD (Gold) is in an uptrend, making new higher highs and higher lows while moving within a parallel channel, supported by its trendline. Additionally, fundamental factors are pushing gold to reach new highs. However, on the 1-hour time frame, there is a hidden bearish divergence, suggesting a potential trend reversal into a downtrend. This indicates that we may soon see the formation of new lower highs (LH) and lower lows (LL), and the price could move towards a high-demand zone. Moreover, with high-impact USD news expected this week, we anticipate a potential retracement in price. After this pullback, we could expect an upward rally in gold. In summary: 1: Uptrend: Gold is making higher highs and higher lows, moving within a parallel channel. 2: Fundamentals: Support the uptrend and push for new highs. 3: Hidden Bearish Divergence: On the 1-hour chart, indicating a potential shift to a downtrend. 4: High-Impact USD News: Expected to cause a retracement, followed by a potential upward rally. Expectation: A short-term pullback, followed by a possible continuation of the uptrend. These factors suggest short-term downside potential before a likely continuation of the uptrend.
TVC:GOLDShort
by awaisulabdeen
XAUUSD 09102024 30mPrice is still ranging on the HTFs. The daily candle on September 9 closed bullish at 2506.94 . On the LTFs, price is ranging between 2507.15 and 2500 . This is a high-risk range, so no trades will be executed within this zone. I will wait for potential buys above 2507.15 , targeting the daily resistance at 2516 and the 30-minute resistance at 2522.35 . I will look for potential sells below 2500 , targeting the 4-hour support at 2492 , with further downside targets at the 30-minute support of 2486 , or the previous daily low at 2485 .
OANDA:XAUUSD
by targetlock
2
#GBPCAD possible head and shoulder formationAs you can see in the chart, we might be observing a potential Head and Shoulders pattern forming on the 1H timeframe in GBPCAD. Given the bearish market structure on the 4H timeframe, this 1H bullish move could be viewed as a corrective rally within the larger downtrend. Additionally, there is a bearish divergence between the left shoulder and the head, further strengthening the bearish confluence. To enter a sell position, I recommend waiting for the price to drop below the 1H EMA (blue line) and then look for a bearish setup to confirm the trade.
Short
by mohemati