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...
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. ...
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....
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...
Notcoin(NOT) is up more than +30% , as I expected in yesterday's post . According to the theory of Elliot waves , it seems that the main wave 5 has ended, and the confirmation sign of the end of wave 5 can be the breaking of the Uptrend line . I expect Notcoin(NOT) to correct at least -30% and fall into the support zone . Note: An important point...
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...
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.
Hello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to...
Notcoin(NOT) has increased by more than +120% in the last five days. One of the main reasons for this increase is that the Notcoin(NOT) team announced its new AirDrop and new ways for game users to earn money, which led to investors' interest in the token once again. In terms of technical analysis , with the help of the Rounding Bottom Pattern...
similarity in fibo levels and accumulation zones are obvious...
Gold has reached to the lowest point of the month at the last day of it. Overall yearly increasing price of Gold will let us think about retest from this monthly decrease psychologically. We observe Fibonacci Golden Zone (0.5-0.618) level and Imbalance of price at the same zone overlapped. Which is for me not a bad indicator that price has to retest the zone...
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,...
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GOLD - USD as long as the price remains well below 2,344.81 USD. The sellers' bearish objective is set at 2,318.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,301.40 USD....
This is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at...
Hi dear friends, hope you are well and welcome to the new trade signal of TrueFi (TRU) with US Dollar pair. Previously we caught almost 71% pump of TRU as below: Now on a 4-hr time frame, TRU has formed a BAT move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't...
According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950. Sometimes Bitcoin exceeds the wave level, I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900. Then after that we will witness a real bull run extending to 85,000