Here we have bitcoin price in a accumulation phase and the price is bouncing between 60000 and 72000. However as we can see in the chart there are two support in 67k and 62k tha we can consider as an area end this downtrend.
For the last couple of days to weeks bitcoin has failed to make a significant move above 73-74k zone. there has been a consolidation happening around 68k-70k zone and I think the pair has to retreat first to pick some momentum before it can burst the previous highs. Area of focus remains to be 60k, lowest 58k. Lets me know what you think
Stochastic at oversold, the price is making sideways movement and we have higher low above EMA50. soon next move posibilty is upward after breakout from shortime downtrend. $75k next new high or $85k?
the TOTAL crypto marketcap continue the upward movement after the breakout, we may see a move towards the all-time high resistance area soon,the overall market is bullish thank you
Here’s a detailed technical analysis of the BTC/USDT daily chart: Price Action and Structure: BTC/USDT has been exhibiting a sideways trading pattern, bounded by well-defined support and resistance levels. This horizontal channel highlights the consolidation phase that Bitcoin is currently experiencing. The chart shows repeated tests of these boundaries,...
Binance listed the Cyber coin about 10 months ago, it is very likely that everything is just at the beginning and the entry is strawberry Why is 1000% possible? Cyber Connect's market cap today is 200 million(ONLY!) and this price pattern looks exactly like it would be illegal to enter Only up!!!!!!!!!!!!!!!!!!
Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...
I'm updating my recent chart on BTC because we haven't fallen to new lows yet which makes that GETTEX:54K outcome less likely. I think the most likely path from here is to continue higher until May 29th, the pivot on the chart. I think the most likely price level we test is that $72k-73k level. Then we should see a pretty large dip after the 29th down to the...
Technical Analysis and Outlook: Bitcoin gyrated in this week's trading between our major Mean Sup 67100 and the newly created Mean Res 69400. The upward movement target shows a continuous target of Bull Stage Squzee Rebound 73200, marked as Key Res 73200. The main obstacles are Mean Res 69400 and 71500, respectively. On the downside, we look at the established...
we are in the last hour of the btc triangle life, if we break above and close our 4H body candle, we will see a good bounce from here. for certain and better long we can Waite for grey line which price is 69375 to break and candle body close above. don't panic and stay calm till good break candle, then catch it up. good luck wolfies. #btc #bitcoin #pump...
Dogelone has been trending down but it has change trend to an uptrend, I'm waiting for confirmation to buy it.
Trump, Biden change tone on crypto: Donald Trump has promised to make the US a leader in digital assets during recent campaign events. And President Joe Biden’s aides have responded by reaching out to major players in the crypto market. Ether's price surges to nearly $4k, then pulls back: After the SEC approved eight Ether ETFs last week, analysts expect...
Hello everyone, with new the month around corner I decided to come back with an update on Bitcoin. I still hold the same opinion as stated in the Q2 update, this update is just for better visual perception of what is going on in my opinion, since I believe we are in some sort of unprecedented time for Bitcoin. Why? Looking at Yellow Parallel Channel we can...
ADA - broke out of the wedge pattern, signaling a preference for opening long positions. We successfully tested a solid support zone between 0.4130 and 0.4660, which pushed us higher. The nearest resistance is between 1.1 and 1.24. In addition, underneath this resistance there is an imbalance (FVG) that acts as a price magnet. Currently, the trend is bullish,...
#Bitcoin Short-Term Analysis Bitcoin's price action (PA) is expected to be choppy in the near term, providing more consistent opportunities in altcoins. If you're trading with leverage, be prepared to see your positions fluctuate between gains and losses. Just take a look at the current price action. Key Levels to Watch: - Bullish Sentiment: Bulls need to hold...
Bitcoin (BTC) is experiencing a surge in price, defying expectations and climbing towards the $70,000 mark. This bullish momentum comes after the release of positive US economic data, which surprisingly weakened the US dollar. The data, including strong GDP figures and lower-than-anticipated jobless claims, has instilled confidence in riskier assets like Bitcoin...
For the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions 🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and...