BTC analysis IS BULLISHToday's bitcoin price analysis is positive.
To $16,500, BTC/USD reversed course.
Over the previous hours, there was less selling pressure.
Today's bitcoin price analysis is positive as a result of the higher low that was recorded around $16,500 after a 24-hour retrace. BTC/USD has likely made a new bottom and is now poised to rise much further over the weekend. Another significantly lower high for the price of bitcoin was achieved at $21,500 last weekend, and this week it quickly reversed. BTC/USD began to fall sharply after previous support at $20,000 was breached, quickly reaching $18,000.
Following that, there was no recovery, which led to a fast wave lower on Wednesday. This time, a challenge of the $16,000 support led to a considerably greater reaction upward to the $18,000 level.
Over the previous 24 hours, the market experienced negative trading. Bitcoin, the market leader, fell by 4.18 percent, and Ethereum by 2.34 percent. Most of the top altcoins fell even further in the interim.
Bitcoin price movement in the previous day: Bitcoin tested the downside again. BTC/USD traded in a range of $16,543.48 to $18,054.31, showing high volatility in the previous day. While the total market capitalization fluctuated around $322.63 billion, representing a dominance of 37.92 percent, trading volume fell by 38.55 percent to $60.3 billion.
BTC looks to set a higher low on the 4-hour chart of USD/BTC
On the 4-hour chart, we can see evidence of support at the $16,500 level, suggesting that a higher low is probably going to be formed.
Today
AAVE Price too BEARISHThe Aave price analysis shows a bearish trend today
The resistance for AAVE/USD is present at $73.01
Support for AAVE/USD is found at $71.33
The Aave price analysis is directing that the cryptocurrency has undergone loss once again during the last 24 hours. That is because the bears are once again powering through after a small bullish interruption. The bears have caused a decrease in the price up to the $72.25 level and have been able to retain their position as the leading party. More sellers are causing the price to downgrade further and have defeated the buyers in their attempt at revival.
The Aave prices have found some support around $71.33 but it remains to be seen if this will be enough to turn the tide in favor of the bulls. For now, the bears are in control of the Aave markets and may continue to push prices lower in the near term.
Final appraisal of the Ave price
Aave price analysis indicates that today has also seen bearish behavior. The price levels have decreased to $72.25; this is a considerable loss for the market value of cryptocurrencies. Although the bulls attempted to recover in the most recent hours, their efforts were in vain as the price fell today. Only if the support at the $71.33 level is maintained can price levels be kept stable.
USDJPY SELL THE HOUSE! Hello forex Traders, This post is for you! Looking for a sell off below this trendline, Its made several failed attempts to break lower. Its been a wild week but the yen has been getting crushed for the longest time. I think we are due for a pullback. Id put some limits above and start manually scaling in here!!! Happy trading to you all. Stay focused! This sell is simple based on a trendline break. nice and simply just as the rest of my signals. I want this to be as easy as possible to follow and as less mentally taxing as possible so it is easy for you to make money. The main determining factor is the position size and location of your stop loss. Just do your due diligence on that end and I'm sure this trade will play out! If I am wrong I apologize in advance! I will keep posting updates and if it goes the other way I will be sure to tell you to get out. Live Trading House has got your back!
ETH/USD Trendline BreakHigher Time Frame Trendline Break, look for a continuation up north. Just know FOMC is approaching. A break below the Trendline may be a reason to get out. Tight stop loss for this one. Stay tuned more to come. PM me for any chart request and I will promptly post them. This corresponds to my previous signal on bitcoin. I would love to chat with you all about how to play the end of the year Q4. Like and leave a comment, I appreciate all the support.
look for a retest of the low of this last 4 hours bar for best entry. I don't have a set price for take profit, just looking for a further continuation off these lows. That is all for now on Ethereum.
An Ethereum WHALE sends $170MThe much-anticipated network upgrade known as Ethereum Merge, which was intended to boost the price of ETH, failed to do so. Ethereum hit a low of $1,410 on Saturday after reaching a high of $1,660 on September 15th, 2022. A sizable Ethereum transfer was seen by Whale Alert, a well-known blockchain tracking and analytics tool, in the midst of the cryptocurrency chaos.
A significant cryptocurrency address transferred 109,515 Ethereum worth nearly $160 million from an unidentified wallet on September 16th, according to Whale Alert. The transfer was carried out at approximately 11:03 UTC. 100,000 ETH were transferred from an unidentified wallet at 13:30 UTC in a subsequent transaction about two hours later.
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US30 ! New point to enterwait for breakout and once it take retrace
then will take a entry for now us 30 is in sideways momentum
GBPJPY what's the trend ?well here we have a good strong resistance point for the sell momentum so we'll wait if it able to breakout
and if it is will wait for retest and take a sell entry and same with buy we have to wait to sustain it above the resistance line and retest and once it done then which will be a support line for the buy entry .