Looks like Bitcoin just broke out of that rectangle pattern on the 1-hour chart, which is pretty bullish. We're seeing a target around FWB:67K if this momentum continues. RSI is pushing into the overbought zone at 76, but the breakout suggests there might still be room to run before any significant pullback. MACD is also showing strong bullish momentum with a...
Looks like BTC is attempting a reversal from a Double Bottom pattern on the 2-hour chart. The price has formed two significant bottoms around the $55,000 mark, and we’re now seeing an early breakout above the descending trendline. If this pattern holds, the target is around $62,000. The RSI is hovering in the neutral zone, suggesting there's room for upward...
Bitcoin is forming a bullish pennant on the 1-hour chart, which could suggest a continuation of the previous uptrend. However, remember that this is just analysis, and the market can behave unpredictably. If a breakout occurs, we might see a move toward the $66,000 - $67,000 range, but this is not guaranteed.
Bitcoin's recent price action is showing signs of potential trouble ahead. We can see a classic double top pattern forming, with both peaks around the $61,500 level. This is typically a bearish signal, indicating that the momentum could be slowing down. If the price fails to break above this level and instead drops, we could see a move toward the target around...
Bitcoin's 2-hour chart shows a period of consolidation after a notable dip and subsequent recovery. The price is currently holding above $60,000, indicating some stability, but the RSI is hovering around 50, suggesting a lack of strong momentum in either direction. The MACD shows a bearish crossover with the histogram in the red, which could signal potential...
CRYPTOCAP:BTC is currently trading around $60,410 after a recent drop from the $61,000 level. The 1-hour chart shows that BTC faced resistance near $61,500, leading to a downward correction. Immediate support is found around $60,000, with a further drop possibly targeting the $59,000 level. On the upside, a break above $61,500 could push BTC towards the next key...
It looks like Bitcoin has formed a rising wedge pattern on the 2-hour chart, which typically indicates a potential bearish reversal. The pattern has already reached its second top, and the price seems to be breaking down from the wedge. The target for this breakdown could be around $56,000, which aligns with the support zone from earlier price action. The RSI is...
BTC has experienced a sharp rejection near the $60,000 mark, as indicated by the strong red candle in the last few hours. The RSI has dropped significantly, moving from overbought territory back towards the mid-40s, signaling a potential slowdown in buying momentum. The MACD also shows a bearish crossover, with the histogram dipping into negative territory,...
BTC is showing strong bullish momentum on the hourly chart, with a significant breakout above the $60,000 level. This surge comes after a period of consolidation, indicating potential continuation towards higher resistance levels around $62,000. Key support now lies at $59,000, where buyers may step in if a pullback occurs. Watch for sustained volume to confirm...
This 2-hour CRYPTOCAP:BTC chart is showing a classic inverse head and shoulders pattern, which typically signals a bullish reversal. We can see that the right shoulder is currently forming, and if the pattern plays out, the price target could be around $64,000. The RSI has dipped below the midline, indicating a brief pullback, but it’s still in a healthy range....
CRYPTOCAP:BTC is currently experiencing a sharp drop, with the price now testing the $58,300 support level. This level has been significant in the past and will be crucial in determining the next move. If CRYPTOCAP:BTC fails to hold here, we could see a further decline towards the $57,000 area. On the upside, resistance is forming around $59,500, and breaking...
CRYPTOCAP:BTC is currently consolidating within a symmetrical triangle after a significant drop, indicating indecision in the market. We’ve seen a smaller rectangle pattern within the triangle, signaling potential for short-term volatility before a breakout. The RSI is slightly above neutral, and MACD shows some bullish momentum, suggesting a potential breakout...
CRYPTOCAP:BTC is trading near $59,667 after bouncing off support around $58,000. The current range is tightening between $58,000 support and $60,000 resistance. A breakout above $60,000 could signal a bullish continuation, while failure to hold $58,000 may lead to a further decline. Watch for volume increases as a potential indicator of the next major move.
Bitcoin is showing some resilience around the $59,200 level after a bit of a choppy session. The RSI is climbing and currently sits just above 58, which suggests some bullish momentum is building, but it’s not in overbought territory yet. The MACD is crossing into positive territory with a bullish crossover, signaling that we could see some further upside in the...
Bitcoin is showing some resilience around the $59,200 level after a bit of a choppy session. The RSI is climbing and currently sits just above 58, which suggests some bullish momentum is building, but it’s not in overbought territory yet. The MACD is crossing into positive territory with a bullish crossover, signaling that we could see some further upside in the...
Bitcoin just broke down from a rectangle pattern after several days of consolidation, confirming the bearish move. The sharp drop towards the $57,000 level seems to have triggered the target around $54,000. RSI is starting to recover from oversold conditions, but it’s still weak, indicating that bearish momentum might not be over yet. MACD shows increasing bearish...
Bitcoin just broke down from a rectangle pattern after several days of consolidation, confirming the bearish move. The sharp drop towards the $57,000 level seems to have triggered the target around $54,000. RSI is starting to recover from oversold conditions, but it’s still weak, indicating that bearish momentum might not be over yet. MACD shows increasing bearish...
Coin: SXP/USDT Side: LONG Entry: 0.333 - 0.36 Targets 0.364 - 0.368 - 0.374 - 0.38 - 0.39 0.40 - 0.41 - 0.42 - 0.43 - 0.44 - 0.45 Stop loss: 0.318