"I think it's the trend lines that drive Bitcoin's ups and downs. As you can see, on the four-hour timeframe, Bitcoin hit the trend line and started to rise again, coinciding with the Williams indicator signaling growth. It appears that the profit target is close to the 38.2% Fibonacci level, as indicated by the green trend line on the four-hour timeframe. Good luck!"
The Relationship Between BTC Spot and BTC Derivatives: Analyzing Market Dynamics Bitcoin (BTC) has evolved from a fringe digital experiment to a mainstream financial asset, attracting investors from all corners of the globe. Understanding the intricate dynamics between BTC spot prices and BTC derivatives markets is crucial for market participants. This essay...
Gm... Today I will play the green zones on CRYPTOCAP:BTC , devided with levels where to take PP's or close... #trading #bitcoin
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. Bitcoin has broken down the ascending trendline and is trading within the Ichimoku cloud zone. Expect...
#BTC/USDT Analysis Just like BTC has bounced recently, a bounce could happen today as BTC has returned to the same level. We can expect BTC to jump from here. However, the chart will be invalidated if BTC breaks the lower trendline and closes below it. Stay tuned for further updates and analysis. Thanks! What do you think after looking at the charts? Comment below.
BTCUSD : Bitcoin is out of our flag channel but should hold above 67000. The movement we expect from Bitcoin is to move up to the specified targets. But we have two scenarios in mind. 1. Shorts position scenario: If it loses the support range of 67,000, it will move to the price of 65,000 And you can wait for the price to return to 67000 for a sell position...
#BTC #Bitcoin Chart Update: We've reached an important support level and are poised to move upwards from here. There's no reason to panic sell at a loss. When looking at Bitcoin liquidations over 3-day, 7-day, and 1-month periods, we see significant amounts of liquidity, amounting to billions of dollars, accumulating around the 71k level. Almost all indicators and...
Hello, everyone!💥 Today, let's talk about Bitcoin and its prospects for the coming years. What should we expect? Let's compare the two previous bull runs. To start with, every four years, the reward for Bitcoin miners decreases, a phenomenon known as halving. Why is everyone so waiting for halving? Well, when the next halving occurs, miners receive half the...
Don't predict just move according to market Manage your risk before go to trade Flag pattern also confirming market still continue up Strong resistance level looking for break if it broken market make new higher high TP 75 to 82
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
Boring times in the crypto market so great opportunity to analyze deeper than usual. What I have found is that when BTCLONG crossed above RSI 50 level (monthly close March 2021), a long squeeze followed and it is still going on since April 2021. With monthly closure of November 2022 BTCSHORT will close above RSI 50 so I wonder whether there would follow a major...
Why Trend is Not My Friend in Trading: The Impact of Futures Markets In trading, it's often said that the real money is in the futures markets rather than the spot markets. Futures markets offer higher leverage, greater opportunities for profit, and a unique set of dynamics that can be advantageous for informed traders. However, while it's wise to focus on...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. #BTC/USDT Analysis The crypto market has entered a strong bullish rally following the successful breakout and subsequent retest of the symmetrical triangle pattern. This rally faces horizontal resistance, a crucial level influencing short-term price movements. Symmetrical Triangle Pattern: The...
We are at the most important time bullran of Bitcoin and crypto market. We have now reached the bottom of the descending channel and the most important Tether trend line (we were with this trend line from December 2017 to November 2021). If the bottom of the channel breaks and reaches the trend, Dominance Tether will fall by 11% and a strong fomo will form,...
Hello friends. Bitcoin (BTC) has broken its previous all-time high and successfully retested it. The monthly candle closed at $67,548, indicating strong bullish momentum. Previous All-Time High: BTC breaking and retesting this level indicates strong support and a potential base for further gains. Monthly Close: The monthly close at $67,548 indicates continued...
The idea is simple figure out the bottom max long zone based on some info we know and see iff it hits What we know; 1) we eventually make a 3rd touch on the trendline with 2 touches already if we assume the trend continues up 2) I found a spot that aligns with the neckline of an inverse head and shoulders marked in orange with a 72.5K long target along with...