Hello everyone. Today's rise in BTC is completely expected. And I started buying around 61500 and reached my TP price. At present, BTC remains oscillating in the 70,000-60,000 area. Tomorrow I will continue to share with you the trend analysis of BTC here
BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
This week, we bring you a roundup of significant events in the cryptocurrency world. Last week’s anticipation of US inflation data causing volatility was realized, pushing Bitcoin up by 10% to $67,000. With such movements in the backdrop, what can investors expect in the coming week? COINBASE:BTCUSD
bitcoin at strong resistance sell setup forming 51k will be next target
As per image, we had our consolidation at the bottom left. Since then we have had three drives up to a top, that also aligned with a 6x of the consolidation range. We then had a close below a green candle, and also a break of market structure, suggesting its time to move lower. I've highlighted where i could look to get in, with SL and TP. For me its not...
If you are a trader n been trading you don't need good explanation on analysis you need right analysis by the right time n simple to follow,writing paragraphs doesn't makes analysis looks good or been good but analysis it selfs say everything that a trader need,know the difference between writting paragraphs n winning analysis.
The past week has been highly optimistic for cryptocurrencies after a prolonged period of uncertainty. Despite the high Producer Price Index (PPI) data, April’s low inflation report in the United States has given risk markets a much-needed boost. The fear of additional interest rate hikes by the Federal Reserve has subsided, allowing markets to breathe easier....
MAY 18 ’24 - BTC - FORECAST Hopefully we can hold this trend - good luck all!
Bitcoin managed to break out of the $67,000 daily range, showing strong upward momentum. This breakout is also confirmed by the RSI indicator, which has broken the downtrend line on the daily chart. Given the time frame after the halving and the current market trend, the price of bitcoin seems poised to rise further. Key resistance levels to watch: First...
Hello, everyone Our H&S model is starting to perfect. Now we focus on the target of 69.15K, which is also the key area for the next direction of the Bitcoin market:
Traced over smart money trend movements. Two circles represent hidden secret smart money double bottoms. Not revealed to the public. They must meet an algorithm. How high, for now it’s questionable. Breaking all the rules: whales break rules, so will I. Stay tuned for buying and selling updates. Once I can confirm BULL-SHARKS BUYING entry, I’ll update. I’m...
News this week about US dollar strength, Monday and Thursday will be influential. Look at Dollar support on current daily up channel, should we have a hawkish dollar, BTC, stocks and commodities will fall. So looking at key levels in advance to be ready to trade from these levels. Always consider levels to be "zones" 4 hr and Daily analysis here is for swing...
D waves system is a private system and is used for counting correct waves and measuring the exact dynamics. BTCUSD is being reported as having bear spot in 68-69k zone. Price can be pushed down towards lower TL shown in the chart. This is not a financial advice.
Fib Retracement with an interesting smart money contraction. Trend line points parallel upwards to wear the smart money contraction, horizontal red dotted line. If there’s a breakout then the 2MO TF BEARS loose. Stoch RSI will confirm it by bull trend must cross the bear trend making a curve to the upside. No price range, not possible. If there’s spoofing...
I mean, what can I say... You can't make this up! Price Action at it's finest!!!! You have to know how to READ THE CHARTS! TECHNICALS ONLY!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTrader
Simple Trading: Slanted Inverted Head and Shoulders pattern. Analyzing Bitcoin, we can clearly see a downtrend that has reached the top of its trend zone. At this point, two scenarios are possible: either a breakout of the downtrend, signaling a return to the macro bullish trend, or a continuation of the downward movement, resulting in a false breakout.
I find it hard to be bullish on bitcoin when volume has been so low for so long. If volume continues to mean something like it always used to, it's likely that prices will go lower, before they climb again to newer highs.