Bitcoin and Ethereum are gearing up for a moon mission, with Ethereum playing the captain and outperforming everything else in the cosmic race. The game has changed big time for these two digital astronauts: Bitcoin's got its fancy ETF spacesuit on, and Ethereum's about to suit up in one too. Cryptocurrency is turning into the ultimate inflation-fighting...
For bullish traders, a market pullback often presents a more profitable opportunity. However, big investors are aware that the ease of purchasing Bitcoin at current levels is a privilege that might soon vanish. Unlike the volatile flash crashes witnessed in 2021, we now observe the moving averages swiftly and assertively approaching current prices. Slower moving...
BTC appears robust, especially with the 200-day simple moving average (SMA) showing such aggressiveness on the 1-hour chart, provided that the price maintains its position above it. Significant resistance is on the horizon for BTC enthusiasts, a factor that should also prompt caution among altcoin investors. Observing the Relative Strength Index (RSI), it's...
Many technical would lead you to believe btc is getting weak here, but i think its just chilling and getting comfortable. Could anyone else see a inverse H&S play out here? IT really does look like if it dumps it will easily get picked up, and this has repeatably happened.
Looking at the RSI it's a tad bit hard to see but for the first time in a long time we see confluence after bullish volume from the successful crossover & defense of 200SMA. Larger timeframes have the SMA in similar locations With BTC doing it's thing it's not hard to imagine this guy popping off. Going for a spot for now, blue sky breakout mode, will take a...
Technical Overview of Solana (SOL/USD) 4-Hour Chart This chart presents Solana priced in U.S. dollars using a 4-hour time frame, featuring custom-developed technical indicators for enhanced market analysis: Moving Averages: The price action is currently fluctuating around the 200 Simple Moving Average (SMA), a key indicator often watched by traders as a...
I love bitcoin, triangles, and long walks on the beach. Bitcoin here really played out very well from my previous observation. Lets give it to big chad bitcoin everyone! Drop me a follow
Keep an eye out for volume, key levels are imminent as they have all caught up now on all lower time frames and the 21 Ema on the daily.
SOL looking to take some share away from btc A clear impulse here with a potentially finished correction as all it had to do was make a double bottom here at best. Volume is indicating there could be a bullish divergence here soon and BTC is just chilling! Don't you love to hear that? This is SOLBTC Check out my SOLUSD chart too showing how the moving averages...
But the bears have the advantage as it seems they are making lower high easier than bulls are making higher lows bulls look to pick up support around 90-91
On the larger time frames there is a viable cup breakout going on SUI is currently sitting above key levels trying to retest for breakout continuation. SUI is also showing hidden bullish divergence on the 4h, and by the looks the price would have to drop substantially for this hidden bullish divergence to turn bearish. People are buying every dip and this...
Hidden bullish divergence in the RSI got it right, SOL Pumped over Christmas and here you can clearly see the correction from that is completed and confirmed. Cheers!