Wedge
Bitcoin -> The Wegde Is BreakingHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin now finally retested and already started to reject a quite nice previous weekly resistance area which is now turned support at the $25.000 level.
You can also see that weekly market structure and moving averages are still bullish, in my opinion Bitcoin also already created the bottom of the last bear market and is now ready for more bullish moves, so I simply do expect a rejection away from the support zone.
On the daily timeframe you can see that Bitcoin is still trading in a falling wedge formation and just retested the lower support trendline towards the upside - I am now just waiting for a breakout and a break above the $26.000 level before I then do expect another rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Dow Jones Index (US30): Your Detailed Trading Plan
Top-down analysis on US30.
Daily time frame analysis.
Intraday analysis.
Price action & key levels.
Potential scenarios.
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Bitcoin -> Don't Miss The BullrunHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that as we are speaking Bitcoin is approaching a quite obvious previous weekly resistance area which is now turned support at the $25.000 level.
You can also see that overall market structure is still bullish, Bitcoin also created a long term inverted head and shoulders since June of 2022, so I am now just waiting for a retest of the neckline at the $25.000 level and then I do expect the next bullrun to start from there.
On the daily timeframe you can see that over the past couple of days, Bitcoin has been creating an obvious falling wedge formation which is always considered a bullish continuation pattern, so I am now just waiting for a breakout above the resistance trendline before I then also expect a daily rally to retest the $30.000 psychological resistance zone.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
USDCAD I Bullish CAD News but in the rangeWelcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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BTC 0 or hero? 📈 Chart Analysis:
falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long, however we did get an engulfing candle on the reaction from the 150ema so i have gone long already trying to front run patterns is not the best thing to do so be cautious if you are to do the same!
We got the retest of the Head and Shoulders resistance in prep for the latest sec vs binance news which took us to out first target 150EMA: top tip play any SHORTS super carefully here as the reaction from the 150 was extremely bullish but know we could still see out lower avwap target currently at the 18k area 😉
additional info!
Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shoulders
OBV still in a stage 1 and looking weak!
🔔 Risk Management:
Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
Bitcoin -> Look At The Daily PatternHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin recently perfectly retested and already rejected a quite nice previous weekly support zone which was now turned resistance at the $30.000 level.
You can also see that there is a next weekly support zone coming in at the $25.000 area, so I am now just waiting for Bitcoin to retest this next demand level before I then do expect another weekly rally towards the upside.
On the daily timeframe you can see that over the past couple of days Bitcoin has been forming a very obvious falling wedge formation which is normally a bullish (continuation) pattern, so I am now just waiting for a breakout above resistance trendline and then I do expect another daily push to retest the $30.000 area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Black swan event or pump? $BTC update!📈 Chart Analysis:
Potential falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long
Are we retesting the Head and Shoulders resistance in prep for a "Black Swan" event that will take us to our low target?: top tip for an early SHORT position you could take the short now and place a stop above the highest high of this retest OR on the falling wedge break out area ;)
additional info!
Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shoulders
OBV still in a stage 1 and looking weak!
🔔 Risk Management:
Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
BTC Heading for a Catastrophic Collapse Because of These ReasonsBitcoin exited the Support Trend Line of the Bear Flag while having a EMA Death Cross.A Recipe For Catastraphic Collapse with SPX and NQ1 crash as a cherry on top.
I highly recommend you to watch this video untill the end
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A new bull market has startedCrowdstrike is one of the best cybersecurity stocks out there and it is showing us that a new bull rally might've begun. If a cybersecurity stock is looking this bullish while the nasdaq is looking very bearish THATS NOT a good sign. Charts always predict the news which means a catalyst could be right around the corner to bring the market down.
Nasdaq -> Obvious Top FormationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $13.500 level.
You can also see that from a weekly perspective, Nas100 is a little bit overextended towards the upside and in my opinion we are ready for a short term correction before we will then see more continuation towards the upside.
On the daily timeframe you can see that Nas100 is currently forming a rising wedge formation which is always considered a reversal sign, so I am now just waiting for some bearish selling pressure before I will then enter a short to capitalize on the next dump towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bitcoin Came Down To 25.7K! Expect More Dump Or A Pull Back ?Bitcoin Went Down to 25.7 and bounced back up.These bounces usually have another leg down aiming to hit Longers StopLoss,If the SL hunt happens 25.1 could come.Otherwise we could retrace to ~26.3 then go to 28K supply zone( combined with our bold whiteline)
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CADJPY - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for CADJPY.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Bearish Sentiment Coming Back! Fake Pullback to 29K!Bitcoin bearish sentiment is coming back to the market. with sunday fake pull back to 29K and then losing it couple of hours after.
Strong bitcoin control zone at 25K which could led to 30K AFTER reaching 25k.
Losing 25K could result in a capitulation.
Thanks for watching and all your support
Bitcoin Strong Sell Signal:High Possibility It Will Break 27.2K Hello and welcome to another Bitcoin analysis video. In this video, we will take a look at the recent price movement of Bitcoin, which surged to $29.8 yesterday before having a sell-off and retracing back up to fill the fair value gap.
We will also use some technical indicators and chart patterns to predict where the price could go next and what are some of the key zones and levels to watch out for.
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