A deeper understanding of market behavior towards Bitcoin indicates a shift in momentum. The focus on speculative trading with this asset has decreased. Current market sentiment is reflected in the technical analysis revealing a "death cross" in Bitcoin’s 12-hour chart, where the EMA 34 and 89 lines are converging, traditionally signaling a potential price...
Hello friends! Just as I predicted yesterday, the bearish momentum of the BTCUSDT coin is still maintained as it forms a head and shoulders pattern on H1, in a potential bearish channel. It is currently trading at $63,087 marking a drop of 1.09% on the day. Overall, in the current context, both fundamental and technical are signaling a downtrend, we are waiting...
Hi everybody. Let's discuss the SHIBUSDT strategy for the new day! As expected, SHIBUSDT broke the support level marked on the hourly chart and turned it into a new resistance level that continued to hold the price, in a wave of corrections and sell-offs. It is expected that the technical down trend will likely continue. It is expected that this sharp decline...
Hello BTCUSD traders, what are your thoughts on the upcoming trend for BTCUSD? From a technical analysis perspective, this cryptocurrency has been moving sideways in the long term with a support level around $60,000. However, what might happen if the bears break this support and also breach this box pattern? A significant drop could occur, potentially taking...
Hi everybody! Breakout from the price increase channel has caused the product to drop in price impressively. It is currently trading at $143.63 and appears to be outpacing the bears entering the market as it not only successfully defended the breakout resistance but also sent the price plummeting 1.06% year to date. in. Overall, the bullish structure is under...
Hello everyone! On H1 before, we can see a changing trend, followed by a strong selling phase, reaching a level of $63,122 at the time of writing. Speaking of breakthrough: The support level at $63,200 couldn't make the BTCUSDT market turn around, and the short-selling strategy continues to prevail recently. The technical downtrend seems to be gradually...
Hello dear traders! Overall, the downtrend of SHIBUSDT continues to develop, the support level on the rising price channel cannot make this coin turn around, but the downtrend continues to develop. The bullish structure is under threat, the market is having a sharp sell-off. Expecting continued selling following the market trend, I expect the 5 Elliott waves to...
Today, BTCUSDT continues its recovery from last week's tumultuous conditions. The price has been moving steadily within a trading channel and showed a notable bounce after touching the lower boundary. The immediate goal appears to be a continued recovery, with buying strategies being emphasized as BTCUSDT aims for the upper limit of the parallel channel,...
As I promised in the previous post, I am doing a more detailed analysis and positive variant and completion of the correction. Having selected a lot of fractals, about 20% of the low after the previous high made a deep correction (more than 50%) and these movements were impulsive with a quick return. In our case it will be a break of the channel support line and...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
I analyzed a lot of fractals and came to the conclusion that you see on the chart now, that the next month - May as well as April will be red for bitcoin, and only after that growth is possible. Be objective bitcoin has been growing for 7 months, now the first month will be red, and most likely the next month will also be red. It may be hard for altcoins, but...
Simple: Each cycle must have the RED MA cross over the GREEN MA and just then will the trend begin to fall. Cycles 1 and 2 have been tagged by PI CYCLES. I used trend lines to help with guidance to ALL-TIME HIGHS. MA's agree with PI CYCLES. Cycles 1 and 2 both have the RED MA crossing over the green. As RED MA crosses over the GREEN MA, the candlesticks begin...
Helium Mobile, the phone and 5G data company behind Helium (HNT) has a strong potential to become a billion dollar asset, same as the Helium token, which bootstraps their WiFi hotspot business. HNT MCAP: $1,293,307,342 HTN ATH MCAP: $5.2B MOBILE MCAP: $320,311,772 MOBILE WITH THE MARKET CAP OF HNT Helium Mobile: $0.01526096 (4.04x)
Hello everyone, what are you thinking about BTCUSDT? Today BTCUSDT continues to trade stably around $ 64,400 and there is not much change in price compared to yesterday. Accordingly, this coin is still in the trend that is beneficial for the seller when it has not been able to overcome the $ 64,500 resistance as well as the EMA 34, 89 still producing discount...
Based on mathematical theories, I predicted a peak of 73,600 on my Twitter account, and now fluctuation is the master of the situation. If Bitcoin succeeds in falling below 57,000 before May 8, I expect that we will see this scenario with a target of 29,000, and let us pray that it does not happen.
Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another...