BTC boxes back the BearBTC is fighting hardly, so take leverage in 15 mins periods and live Spot for a while.
Everything from indicators clears the path for a new Bearish trend.
We clearly see the volume is trading leverage short time frames and whales/news manipulating a bit
our sense of perception.
Tecnicalanalysis
BTC : 27400 = THE NEXT KEY LEVELSince the 17,000 mark, we have been observing an upward trend for BTC, and the crucial level of 24,000 was recently confirmed. Currently, BTC is in an accumulation trend, and the volume may vary in the coming time.
As long as BTC remains above 23,000, there is a high probability of it reaching the next significant key level of 27,400. We will continue to monitor the trend in the coming period to determine if BTC can successfully surpass the 27,000 mark and continue to rise.
🌠There is a good chance that we are going to see a new breakout of BTC to the key level of 27K
Bearish For Spirit We are looking at a break out here on Spirit Airlines to the bearish side. We can see there has been a Symmetrical Triangle that was formed over the course of almost a year. It broke out recently to the bearish side. Now it seems like it might pull back hit the trend line and bounce back down or it is going to consolidate. Either way in 5 to 6 weeks we a looking at a big move more likely to the downside. Even though is a little more risky trade than usual this has great potential.
NYSE:SAVE
Some technicals include.
Performance rank: Bull Market: 16 out of 23, Bear Market: 7 out of 19
Break-even failure rate: Bull Market: 9%, Bear Market: 7%
Average rise: Bull Market: 31%, Bear Market: 26%
Change after trend ends: Bull Market: –31%, Bear Market: –33%
Volume trend: Bull Market: Downward, Bear Market: Downward
Throwbacks: Bull Market:37%, Bear Market: 55%
Percentage meeting price target: Bull Market: 66% , Bear Market: 57%
Up Up and Away - BITCOIN BACK TO $23,000?BITCOIN TA - 1-HOUR CHART
Having completed the previous cycle's C wave ( see the previous post ), BITCOIN has the potential to soar back up with a brief stop at $23,000.
With "OK" CPI numbers this morning, the market has rallied. I have entered a LONG POSITION at $21,936 exiting at $23,000 after a 5 WAVE rise.
**not financial advice** Let me know what you think.
BIT on ByBit setting up for a short + huge unlockWell, it has been a while since I posted ideas. I keep getting "timed out" by TV for things.
So let us try this simple rollover on the VoodooWarlord alerting a short on the technicals, and the fundamental fact that there is an unlock coming should give an excellent area to exit a long and turn to a short.
Keep an eye out for confirmation as it breaks under the golden dump line.
Risk vs reward, as always, needs to be weighed.
Plus, unconfirmed rumour USDC has now been given the overstep by the SEC to stop supplying.....seems like a recipe for the price of BIT to return to the lows it was just days ago.
Not investment advice