XRP/USD 4h chart top of channel bounce?XRP/USD 4h chart on Coinbase. This is interesting with a channel drawn this way. Longby cowboycraig1
MicroStrategy’s Bold Bitcoin Play: $700 Mln in BTC AcquisitionIn a move that highlights its unwavering commitment to Bitcoin, MicroStrategy, led by its CEO Michael Saylor, has announced a fresh $700 million debt offering to acquire more Bitcoin ( CRYPTOCAP:BTC ). This marks the second such offering in just one month as the company aggressively expands its Bitcoin holdings. Known for its bullish stance on Bitcoin, MicroStrategy has now accumulated a staggering 244,800 BTC as part of its Treasury Reserve Asset (TRA) strategy. The Latest Debt Offering The newly proposed $700 million debt offering comes in the form of Convertible Senior Notes, which will be available only to qualified institutional investors. MicroStrategy plans to use the proceeds from this offering to redeem $500 million of its 6.125% Senior Secured Notes due 2028. After settling these debts, the remaining funds will be directed toward acquiring additional Bitcoin and other general corporate purposes. This is not MicroStrategy's first foray into issuing convertible notes to fund its Bitcoin strategy. The company has previously conducted similar offerings, raising billions of dollars to support its growing Bitcoin portfolio. In June of this year, it made an $800 million offering, followed by a $1.1 billion Bitcoin purchase, which added 18,300 BTC to its reserves. MicroStrategy’s Unstoppable Bitcoin Streak MicroStrategy began its Bitcoin ( CRYPTOCAP:BTC ) acquisition spree in August 2020, becoming one of the first publicly traded companies to adopt Bitcoin ( CRYPTOCAP:BTC ) as a primary reserve asset. Over the years, the company has consistently used debt to bolster its Bitcoin reserves, reinforcing its belief in Bitcoin as a long-term store of value. This strategy has often paid off for the company, especially in times of Bitcoin price appreciation. Most notably, MicroStrategy’s stock (MSTR) has soared as a direct result of its Bitcoin investments. After recent acquisitions, MSTR’s stock price surged by 18.74%, outpacing the broader market and gaining value even when other stocks faced volatility. Bitcoin’s Current Market Dynamics Despite MicroStrategy's massive Bitcoin purchase plans, the cryptocurrency itself has experienced some downward pressure. At the time of writing, Bitcoin ( CRYPTOCAP:BTC ) is down 2% after showing strength in previous weeks. This pullback is intriguing as it comes amid positive sentiment surrounding Bitcoin's recent performance and broader adoption. From a technical perspective, Bitcoin’s Relative Strength Index (RSI) currently stands at 48, indicating a potential for a bullish reversal. The key pivot point for Bitcoin remains at $70,000, a level that traders and analysts are closely watching. If Bitcoin can break through this resistance, it could set off another significant rally, supported by the increasing institutional interest exemplified by companies like MicroStrategy. Institutional Impact and MSTR Stock MicroStrategy’s continued commitment to Bitcoin reflects a growing trend of institutional adoption of the cryptocurrency. With its relentless accumulation of Bitcoin ( CRYPTOCAP:BTC ), MicroStrategy is making a bold bet on the long-term potential of the digital asset. As more institutions and corporations follow suit, Bitcoin could further cement its status as a mainstream financial asset. For MicroStrategy, its aggressive Bitcoin strategy has not only bolstered its stock but also differentiated the company from its peers. MSTR has consistently outperformed other tech stocks, thanks in large part to its Bitcoin holdings. As the company continues to issue convertible debt and acquire more Bitcoin, investors will keep a close eye on both the price of Bitcoin and the value of MSTR stock. Conclusion MicroStrategy's latest $700 million debt offering underscores its confidence in Bitcoin’s future. With 244,800 CRYPTOCAP:BTC already in its reserves and plans to accumulate more, the company is betting on Bitcoin ( CRYPTOCAP:BTC ) as a core part of its corporate strategy. While Bitcoin faces near-term volatility, the long-term outlook remains promising, especially with institutional players like MicroStrategy continuing to lead the charge. If Bitcoin ( CRYPTOCAP:BTC ) can breach the $70,000 pivot, MicroStrategy’s bullish strategy could prove even more lucrative for both the company and its investors.by DEXWireNews1
STPTUSDT(STP) Updated till 16-09-24STPTUSDT(STP) Daily timeframe range. we can see a huge wick on daily candle today. peoples gonna get trapped if its not get to 0.06043 again. but if it can stay above 0.04803 than it got chances for another push to 0.06043 . local support at 0.03716. by cryptoforever10
365R BTC LongExpecting a move to $140k within 4 weeks once the all time highs are brokenLongby TipsOfPips0
Hyve | 590% Growth Within 24 Hours... Bullish AltcoinsThis is the signal... It doesn't matter what Bitcoin does at this point, when you see an Altcoin growing 590% in a single candle, a signal day; that's the signal. HYVEUSDT removed almost 1.5 years of bearish action in a single day, and we are looking at the same pattern we've been seeing with hundreds of Altcoins. This is proof positive that the Altcoins are starting to wake up. Get ready and prepare, because we will have a bullish wave across the Altcoins market that will last for months. The greatest news of all, you ask? The greatest news is the fact that this wave is only the start of something even bigger, the 2025 full-blown Cryptocurrency bull-market. Prepare for the biggest bull-market in the history of Crypto... I will be your host. Namaste.Longby AlanSantana228
XRP S and RXRP support and resistence you know the rules. break and close above resistance or close below support, the trade is confirmedby cryptodaddy0751
Low Volume Raises Red Flags: Bitcoin at Risk of Breakdown Below Bitcoin’s recent price action has caught the attention of traders, but there’s a key element to watch closely: **volume**. Despite testing critical support at **57,000 USDT**, Bitcoin’s volume remains unusually low, suggesting the potential for increased volatility as selling pressure builds. ### 1. **Volume as a Leading Indicator:** - The **24.775K** volume figure on this daily chart indicates a lack of conviction from both buyers and sellers. This low trading volume, coupled with Bitcoin’s inability to break through significant resistance levels, may signal an incoming sharp move. - Low volume near key support levels is often a precursor to a larger move as market participants wait for a clear breakout or breakdown. If the volume spikes and selling intensifies, it could lead to a rapid decline. ### 2. **Price Action:** - Bitcoin is currently trading at **57,776 USDT**, hovering near critical support at **57,000 USDT**. While the price hasn’t yet plunged, the lack of strong volume on upward moves indicates that buyers are hesitant to step in aggressively. - In the past few sessions, Bitcoin has failed to hold above the **20-day EMA (58,323 USDT)**, reinforcing the bearish momentum. Without volume to push through resistance, BTC continues to consolidate near the lower range of its price channel. ### 3. **Support and Resistance Levels:** - The key support level at **57,000 USDT** is crucial. A breakdown here could trigger a high-volume sell-off, pushing the price down to **49,024 USDT**, which represents a strong area of previous consolidation. - On the upside, Bitcoin faces stiff resistance from the **20/50/100-day EMAs**, all of which hover just above the current price. Without a surge in buying volume, a breakout above these levels seems unlikely. ### 4. **Volume Divergence and Trendlines:** - The **descending trendline** in the chart reflects the continued presence of selling pressure, with each rally being met by resistance and declining volume. The lack of increasing volume on bullish moves suggests that the price is moving more on inertia than conviction, raising concerns about the sustainability of any upward trend. - Historically, a **volume divergence**—where price movement occurs with declining volume—can signal that the market is losing steam, setting the stage for a potential reversal. ### 5. **RSI and Market Sentiment:** - The **RSI (Relative Strength Index)** sits at **47.34**, signaling neutral momentum. However, with low volume, even a small uptick in selling pressure could push the RSI below **40**, confirming a bearish sentiment. - Sentiment in the market seems muted, with neither bulls nor bears taking decisive control. This hesitation reflects low volume, suggesting traders are waiting for a key catalyst before committing fully to the next move. --- ### **Conclusion:** Low volume near key support levels is a major warning sign for Bitcoin’s price action. The longer the volume remains low, the more likely it is that a larger, more volatile move is on the horizon. If selling volume increases, Bitcoin could easily break below the **57,000 USDT** support, with potential for a swift decline to **49,024 USDT**. Until volume picks up on the buy side, BTC may remain in a precarious position. Traders should watch volume closely as the determining factor in Bitcoin’s next major move.by Rvisham0
Cashaa: Simple But Powerful Signals (718% Bu-Pot.)For Cashaa, CASBTC, I am going to mentioned just two signals for you; simple signals. 1) Flat bottom. Price action went flat right around March 2024, the exact month when Bitcoin peaked. The bottom going flat means the bearish wave is over. 2) Long upper shadow. Notice the session marked "2-Sept." on the chart. This is an attempt at breakout; this is the removal of resistance; this is an early bullish signal. Both these signals are telling me that a bullish wave is coming next. Of course, you should protect yourself in the case the market turns; market conditions can always change. Prepare for all scenarios, but here, I am showing you my TA. Namaste.Longby AlanSantana10
There Is No Reason To Be Bearish At Current Situation👉 In My Idea At Current BTC Situation There Is No Worry About The Market And We Are At The Corrective Phase At Low Timeframe Before Breakout The Trend Line 📈 57500$ Is a PRZ That I Named It As a Wave 2 From Main Impulse Or Wave A From Main 2, At Both Scenarios We Are At The Correction Wave Not a New Bear Trend And At Worst Scenario We Will See 56k Area As a Wave 2 Low Before Break The 60700$ Resistance Longby Bullish_Traders4
Bitcoin break out 5th Oct So I think btc will break out this wedge in next 20 days, think as on as we close the month above the wedge we will have a retest to the top of the trend line then hit 80k very quickly...... Probably by mid November latest Longby Nickhound0
Bitcoin break out 5th Oct So I think btc will break out this wedge in next 20 days, think as on as we close the month above the wedge we will have a retest to the top of the trend line then hit 80k very quickly...... Probably by mid November latest Longby Nickhound1
Bitcoin on the Edge: Can Bulls Defend Key Support? Bitcoin (BTC) has entered a critical zone as it struggles to hold above the $57,000 support level. The daily chart suggests that the cryptocurrency is losing momentum, with multiple technical indicators pointing towards a potential bearish breakdown. ### 1. **Price Action and Key Levels:** - Bitcoin is currently trading at **57,776 USDT**, down **2.29%** in the latest session. The price has ranged between **59,210 USDT** (high) and **57,493 USDT** (low), reflecting increasing selling pressure. - The price has failed to break through the strong resistance around **60,000 USDT**, and the downward sloping trendline indicates that sellers are controlling the market. ### 2. **EMAs Acting as Resistance:** - BTC is trading below all key EMAs (20/50/100/200), indicating that the bulls are losing control in both short- and long-term trends. The **20-day EMA** (58,323 USDT) is acting as immediate resistance, followed by the **50-day EMA** (59,523 USDT). The price consistently failing to reclaim these levels reflects persistent bearish sentiment. ### 3. **Descending Trendline Pressure:** - A clear **descending trendline** is visible on the chart, connecting recent highs. BTC has been unable to break this trendline, suggesting continued downward pressure and potential for further declines. This trendline acts as a psychological barrier for the bulls, preventing any significant breakout. ### 4. **Support Levels and Bearish Targets:** - The key support at **57,000 USDT** is being tested. A break below this level could lead to a sharper decline, with the next major support resting around **49,024 USDT**, which coincides with a previous consolidation zone. Traders should be cautious of a close below this support, as it could signal a prolonged bearish phase. ### 5. **RSI and Momentum:** - The **RSI (Relative Strength Index)** is currently at **47.34**, suggesting neutral momentum but edging closer to oversold territory. This indicates that while Bitcoin is not yet in an oversold condition, a continuation of the current trend could push the RSI below **40**, confirming further downside risk. ### 6. **Volume and Market Sentiment:** - The **volume** sits at **24.775K**, which is relatively low. This implies that the current move down might not yet have the momentum of a full-scale sell-off, but if selling volume picks up, it could accelerate Bitcoin’s decline towards lower support levels. --- ### **Conclusion:** Bitcoin is at a crossroads, with key support levels in danger of being breached. If the price fails to hold above **57,000 USDT**, the next target could be **49,024 USDT**. The inability to break through key EMAs and the descending trendline further signals a bearish outlook. Traders should keep an eye on volume and RSI levels to gauge the strength of the selling pressure. A breakdown could signal a prolonged bearish trend, while a bounce from these levels would provide temporary relief. Shortby Rvisham0
Bitcoin on the Edge: Can Bulls Defend Key Support? Bitcoin (BTC) has entered a critical zone as it struggles to hold above the $57,000 support level. The daily chart suggests that the cryptocurrency is losing momentum, with multiple technical indicators pointing towards a potential bearish breakdown. ### 1. **Price Action and Key Levels:** - Bitcoin is currently trading at **57,776 USDT**, down **2.29%** in the latest session. The price has ranged between **59,210 USDT** (high) and **57,493 USDT** (low), reflecting increasing selling pressure. - The price has failed to break through the strong resistance around **60,000 USDT**, and the downward sloping trendline indicates that sellers are controlling the market. ### 2. **EMAs Acting as Resistance:** - BTC is trading below all key EMAs (20/50/100/200), indicating that the bulls are losing control in both short- and long-term trends. The **20-day EMA** (58,323 USDT) is acting as immediate resistance, followed by the **50-day EMA** (59,523 USDT). The price consistently failing to reclaim these levels reflects persistent bearish sentiment. ### 3. **Descending Trendline Pressure:** - A clear **descending trendline** is visible on the chart, connecting recent highs. BTC has been unable to break this trendline, suggesting continued downward pressure and potential for further declines. This trendline acts as a psychological barrier for the bulls, preventing any significant breakout. ### 4. **Support Levels and Bearish Targets:** - The key support at **57,000 USDT** is being tested. A break below this level could lead to a sharper decline, with the next major support resting around **49,024 USDT**, which coincides with a previous consolidation zone. Traders should be cautious of a close below this support, as it could signal a prolonged bearish phase. ### 5. **RSI and Momentum:** - The **RSI (Relative Strength Index)** is currently at **47.34**, suggesting neutral momentum but edging closer to oversold territory. This indicates that while Bitcoin is not yet in an oversold condition, a continuation of the current trend could push the RSI below **40**, confirming further downside risk. ### 6. **Volume and Market Sentiment:** - The **volume** sits at **24.775K**, which is relatively low. This implies that the current move down might not yet have the momentum of a full-scale sell-off, but if selling volume picks up, it could accelerate Bitcoin’s decline towards lower support levels. --- ### **Conclusion:** Bitcoin is at a crossroads, with key support levels in danger of being breached. If the price fails to hold above **57,000 USDT**, the next target could be **49,024 USDT**. The inability to break through key EMAs and the descending trendline further signals a bearish outlook. Traders should keep an eye on volume and RSI levels to gauge the strength of the selling pressure. A breakdown could signal a prolonged bearish trend, while a bounce from these levels would provide temporary relief. Shortby Rvisham1
BNB Short TradeBNB is signaling a potential correction, with targets around $400. The bearish momentum suggests further downside pressure, so watch key support levels closely for confirmation of this short trade. Stay cautious and manage your risk! 📉 #BNB #Crypto #ShortTrade"Shortby cuteMoth17140Updated 222
Tokoin Bullish Lower Low (590% Growth Potential)Think of this... If the "low" in 2023 led to a strong bullish wave, how much stronger can the bullish wave be now after a major lower low? Let's dive in, we already went through the greetings. Bullish signals: Tokoin (TOKOBTC) is coming out of a strong falling wedge pattern; price action went flat; we have a strong bullish breakout on the daily; rising volume; and a rounded bottom. The lower low shows that all gains were removed from the previous bullish wave and thus sellers are nowhere to be found and won't show up because they already sold as much as they had and wanted to. With all that out of the way, we can now enjoy growth. This is another pair that is turning green while Bitcoin turns red. We are keeping track of Bitcoin and mentioning Bitcoin in many of these analyses, but do not get me wrong; each chart must be considered individually, and based on its own merits we can determine if it is going down or up. The market is big now; some pairs move down while others grow up. Namaste.Longby AlanSantana8
BtcusdtBase on usdt.d Every thing is clear in picture Signal and entry bar in 15m.Shortby PEYMANDEHGHAN_791
Bitcoin Weekly | Another Support LostAnother support level is lost in the form of EMA34 on the weekly timeframe... Good Monday my dear reader, how are you feeling today? Tomorrow we will have really high energy with a super full-Moon; will this be the trigger for the crash? Bitcoin has been in a downtrend for six months now, fully confirmed and no signs of this pattern ending, in fact, it is being reinforced. This week starts red and starting red after a weak pull-back is bad news. What needs to happen for this chart to change from bearish to bullish? That's irrelevant. The fact is that Bitcoin is bearish now and moving lower. It will turn bullish when it turns bullish, at that time we will consider the bullish signals. For now, focus on the prize, focus on the goal; adapt to market conditions, remove the blinders, don't let assumptions get the best of you, the crash is closer than ever before. I belief it will be a flash crash... But, who knows! I don't know if it will flash crash or slow crash, but it is going down and we have some reckoning to do before we can consider bullish growth. Remember, recovery in late 2024; slow in early 2025 (January-February) and bullish speed in March 2025 and beyond. Patience is key. Let the market do its thing. Everything is good with life. There are many opportunities around and many Altcoins are good now to support you while Bitcoin goes through its reset. It might be "painful" short-term, only if you are not prepared. But long-term, this is good news... We use these challenging moments to become stronger, to grow and evolve; challenges are the stepping stones to success. You are a Diving living Soul. You have eternal life. You are special. Namaste.Shortby AlanSantana181844
BNB Long Price is approaching demand zone after recent high. Using fib we can see new golden zone coincides with the RBR demand zone. A long from here would sufficeLongby stevetambo324
BTC Long UpdateStill not yet within the optimum buy zone. A bit more downside expected. Long from 56K looks more profitableLongby stevetambo320
BTC update - Sep 16 2024Just as predicted, #BTC started to drop from the identified zone and crossed below the trendline. Over the past 24 hours, it has dropped by 5% so far. The first stop for this dump is probably in 55,000 - 56,000 zone.Shortby AlgoBotTrading1
ETH/BTC bearish: Important zones to accumulate ETH!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse ETH/BTC here. A bearish trend for ETH/BTC, with a breakdown from a triangle pattern and a potential for further declines. Key Observations: Triangle Breakdown: The price has broken below a triangle formation, indicating a potential downtrend. Lack of Demand: Ethereum is currently facing a lack of buying interest. Support Levels: If the price doesn't rebound from recent lows, a more significant drop could occur. Potential Strategy: Accumulation: Consider accumulating ETH if it rebounds from these support levels. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!by persis10t2
Verasity | Chart Structure TA (1,000%+ Next Bullish Wave)Hello my fellow Cryptocurrency trader, I hope you are having a wonderful day. Here we are looking at Verasity and I want to show you a few things that can help you improve your TA. For this analysis, we will consider mainly the "chart structure." The pair is VRABTC. Notice the big "mountain" and its "peaks," these are shown yellow on the chart. These peaks represent the last bull-market and its end. After the ATH, the bear-market starts and in June 2022 the climax is hit. After this low, we get a very long period of sideways action. There is always a long consolidation phase before a new bull-market develops after a major bear-market. This is something that we looked at before but it is really important. Every time there is a major wave we tend to become stuck and expect a new very strong wave to develop right away, say around "June 2022" on this chart. But instead of a new wave, the markets goes down and sideways long-term. Which is here shown as "long-term consolidation." After this consolidation a new bull-market is secured. Looking at VRABTC, it moved down and hit as low as the same price at which it traded back in February 2021, and we have a long-term higher low currently. The size of the candles shows that the bearish cycle is over, the action is now happening as "sideways" or "consolidation" rather than a bearish wave. Out of this sideways/consolidation, we get a new bullish phase. Potential is huge for this pair... It can grow 1,000%, 2,000% or even more. There can be another low or the bottom might be in... This analysis is more for TA than potential profits. Thank you for reading. Namaste.Longby AlanSantana2211
Eth dump again to $2200Just now opened eth short Target $2200 That's a little bit below daily support level. Anticipating an aggressive impulse drop soon. Potential early tp 75% at $2225 area. Shortby Filnft4