There is almost no doubt that Bitcoin will continue in the bull market in 2024/2025. After the ETF approval, Bitcoin is going up as institutional investors gain confidence in this type of investment. But what all people want to know is when to sell Bitcoin and prepare for the next bear market. Bitcoin's bear markets are very devastating, and the usual correction...
Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am...
BTCUSDT possible 15m scalping opportunity. The Price needs to break down and close below the up trend line and the 50EMA with a long red candle Invalid on chart with a candle close above. Good LUck
💹 Let's analyze this popular cryptocurrency that has brought many enthusiasts closer to the crypto market. 📊 Weekly Timeframe Analysis : In the weekly timeframe, if we examine the long-term candles, we remain in an uptrend. In the closer candles, after exiting the 0.05653 to 0.10223 box, unlike most crypto coins, we broke the box's top and started an upward...
BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. ...
FX:XAUUSD reduces volatility and shrinks into a narrow range before the news. US GDP did not play any role and traders are waiting for the general fundamental background. Locally, the downtrend. The trend is downtrending, but on yesterday's news the price is trying to break the channel resistance, forming a consolidation of the price above the line. But if...
Just like the textbook states, an impulse is followed by a correction. Examining the recent build-up, we might infer that the price has been soaring in the upside direction after having broken out of the descending trend-line mapped on the graph. At the moment, however, we are witnessing obvious signs of a potential bearish reversal and, if bearish moves kick in,...
Bank Nifty important levels and trade plan for Monday, 3rd June Resistance levels 49182, 49453, 49703 Support level 48967, 48721, 48486, 48315 Current trend- In daily time frame Continuation of an uptrend
Hi dear friends, hope you are well and welcome to another new trade setup of COTI coin. Previously we caught almost 17% pump as below: Now on a daily time frame, COTI with BTc pair is about to complete a bullish Gartley move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Let's take a look at the technical analysis for XAUUSD shared a chart for the reference only
💥Yesterday, the SEC announced "another victim of regulation" and sued Uniswap. Today Uniswap commented on the event and in short, they are ready to fight. And no matter how much the SEC looks for "securities," the reality is that tokens traded on secondary markets like Uniswap are not investment contracts, but just digital files. How do you like these...
Based on the current price action, it seems wave 4 is over, bounced on the previous resistance level ($66k-67k) and now beginning to slowly approach the wave 5 target, which is in area of 123.6 – 161.8% wave 4 fib. If the target area hit, the monthly close would be beautiful. Disclaimer : this is my first time using Elliott Wave, so NFA.
Price needs to go above the POC to mitigate the fair value gap . Three possible short trades with different RR using future liquidity sweeps and fib ratio .To give more confluence and confirm all entries i prefer to see a form of candlestick reversal pattern and/or a candlestick close below the 50EMA The conservative entry is to let price mitigate the FVG and...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving in the lower part of the channel marked with white lines. Let's start by determining support and here, first of all, you can see a strong support zone from $67,238 to $66,289, while further support is visible at a level close to $65,000. Now...
DXY (Dollar Index) is on a very relevant Daily trend line. Expecting price to push higher with the coming days. With this I will also be looking for Bullish moves on USD pairs like USDCAD and USDCHF
Hello traders, I have determined my FOREXCOM:XAUUSD target on the chart. I expect traders to buy from the supply and demand zone. I have marked the key level. Thank you very much for supporting me with your likes. If you traders want to receive constant updates under this post, there should be at least 50 likes. Note: I have been in the forex, crypto, and...