Bitcoin price action has literally bored market participants into a gelatinous state of perpetual apathy. That’s about to change. Why? 1) Price action and RSI resistance breakouts. See daily chart below. On the 8hr chart above (using Heikin Ashi candles for cleaner reading): 2) A trend reversal is evident with the first higher low since April 3rd. Green...
We have shorted the distribution off supply and await a return to zone followed by a continuation down. If you missed the initial short, you may get a 2nd opportunity during the asia hours. For the next play we are watching the old demand range for a reaction if there is still no reaction then we chill and wait to see what happens at the bottom of the range....
Here we are looking at the 4H timeframe, considered by many of us to be short-term. Bitcoin just produced a local lower high —I honest don't know what "local" means in this case— I am talking about now vs 22-April marked with the cap pattern on the chart. Then another lower high this time 8-April —Not sure of this one is local, national or international but...
We are back with Solana coin, where we see that another attempt of breakout has turned successful and price has broken the resistance. We now keep an eye on that broken zone, as we have two possible scenarios from here: 1) If we secure current zone, then we will move further to upper zones (towards next resistance) 2) If we fail to secure and have a fakeout...
This is an update to the analysis you see in the "Related Ideas" section Our diametric E wave ended exactly in the red box. We expect the price to move from the red supply box to the green range. Flip line is a strong support. Be careful with this line. For now, we should expect a drop until TP 1. When we reach the first target, save some profit and then change...
Hello TradingView Family / Fellow Traders, 📈As per my last analysis, BTC broke above the accumulation phase and is currently trading higher. What's next? For the bulls to maintain control, a break above the structure marked in blue is needed. 🏹In such a scenario, a movement towards the upper orange/blue trendlines and $70,000 round number would be...
Dogecoin produced the classic head and shoulders pattern, a top formation. It has been bearish lately, everything seems slow. Trading volume continues to decline... ➖ First, the bias is revealed. ➖ ➖ Then we see a strong challenge of support. After a period of suspense... Comes the drop! Everything can easily change; nothing is certain. 👉 If DOGEUSDT moves...
ETH/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 2,865.45 Why we like it: There is a pullback support level. Stop loss: 2,814.40 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci projection. Take profit: 3,036.53 Why we like...
On the above weekly chart of Bitcoin price action a signal not seen since March 2017 and previously November 2012 has printed. No one on the social media circles is talking about. You heard it here first, remember that ;-) What is it? Weekly hidden bullish divergence. It is the same signal that allowed us to long the S&P 500 from 3750 and the Nasdaq 100 from...
Hi. BINANCE:SHIBUSDT is following a Descending Triangle pattern and it has recently pumped from a horizontal support level. The 200 moving average signals a bullish trend A clear breakout from the triangle pattern is required to confirm a bullish move. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and...
Dear Traders, BINANCE:BTCUSDT recently ranged between $60000 to $65000, however, price created lower low and then lower high and failed to continue the pattern, in other terms price took our the sell side liquidity and then after price early mitigated. Currently we are expecting price to continue the bullish momentum until it reaches 80k **If you like our...
Hello Traders and Investors, today I will take a look at Dogecoin . -------- Explanation of my video analysis: In 2020 Dogecoin already created a symmetrical triangle breakout which was followed by a +20.000% rally towards the upside. Then we saw the top in 2021 and Dogecoin once again entered into a triangle consolidation phase. We already saw the bullish...
SOL/USD is falling towards a support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 155.02 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 149.20 Why we like it: There is a pullback support...
BINANCE:APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin. On the local timeframe the price broke the...
If we look at chart of BINANCE:NOTUSDT with optimistic view we can expect the price to growth from .005 to .01 .
Trading Setup: There is a Trading Signal to Buy in ETHUSDT Ethereum (h1) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 2950.15 ⭕️SL @ 2858.60 🔵TP1 @ 3278.81 🔵TP2 @ 3487.49 🔵TP3 @ 3845.55 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Dear Traders, BINANCE:ETHUSDT price completed AB=CD pattern and it is on the course to rebound strongly and take price towards $4500. Price has been ranging since last few weeks, however, price is gathering and accumulating the volume. So it will likely to distribute within the next few weeks. So get ready and use accurate risk management to get the best...
Potential summer slowdown There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a...