🚨 Bitcoin Alert: CRYPTOCAP:BTC back above $87,000! 🚀 Key zone ahead: FWB:88K –$90K This level is make-or-break. Here’s what to watch: ✅ A strong breakout above $90K could spark the next leg up 🩸 Bearish divergence will also form which is dangerous that can trigger correction. ❌ Rejection at this zone might trigger a correction $79k #BTC #Bitcoin #Crypto
On the daily timeframe, USDT dominance is showing a bearish divergence: Price Action: Higher highs RSI: Lower highs This indicates potential weakness in USDT dominance. However, we need today’s candle close for confirmation. If confirmed, we could see a drop in USDT dominance from 4.5% to 3.8%, which may trigger a strong recovery in the crypto market. Traders...
📉 USDT Dominance Update 📉 USDT.D is showing bearish divergence – price rising while RSI declines. A drop from 5.42 to 4.38 is likely, giving BTC and alts a temporary relief. However, higher timeframes still look weak, so this move may not last long. Stay cautious! ⚠️
CRYPTOCAP:BTC Trading Idea – Short-Term Bounce Pattern: #BTC is forming a double bottom, indicating a potential trend reversal. RSI Divergence: Clear bullish divergence on RSI confirms buying momentum. Target Levels: First target: $89,000 Second target: $91,000 Third target: $93,500 Outlook: Expecting a short-term bounce before a potential correction....
DXY Shows Bearish Divergence and Breakdown – Bullish Implications for Bitcoin, Gold, and Forex The U.S. Dollar Index ( TVC:DXY ) has formed a clear bearish divergence on the weekly timeframe, indicating potential downside momentum. Additionally, it has lost key trendline support, further confirming weakness in the dollar. Key Support Levels for #DXY Next Major...
The asset has formed a total of three waves on the weekly timeframe and recently made a retest at the 740B level. It is likely to form a double bottom pattern here, with the RSI trendline indicating a clear bullish divergence. This suggests a potential bounce from this point, and based on these indicators, the next move is expected to propel the price to the 1.5...
Bitcoin has swept the lower-end liquidity and the market has since cooled. Now, BTC is likely to bounce off the $100,000 support level, which was previously a resistance. Alternatively, it may form a small double bottom here before bouncing towards the $110,000 range, with the next target around the $111,500 area.
$ETH/BTC has formed a clear bullish structure, with consistent higher lows and distinct bullish divergences. Now, we're awaiting a breakout, and once it occurs, we expect significant returns with ETH.
Looking at the CRYPTOCAP:BTC 4-hour time frame, if the RSI bounces from the oversold region and forms a bullish divergence, there’s a higher likelihood of a retest of the $104,500 area before price revisits the major support zone between $90,000 and $85,000. In the second scenario, if a new all-time high (ATH) is broken, the trend will likely continue upward....