Watching the hourly for a breakout further north off this EMA. Risk is clear with a stop at the bottom/under the consolidation batch of candles to the left. An EMA break here would see a pretty gnarly move down, so be careful, use your stops and move em up.
Looking higher after seeing this nice candle break over the EMA after testing a longer term support. Accompanied by volume (fat candle) and declining volume on the way down (thin candles) this is nearly a text book bull flag.
If you find this information inspiring/helpful, please consider a boost and follow! Got the looks of an Elliott wave impulse here. I will be watching this chart closely to see if we can get a corrective pattern that stays internal to this suspected impulsive range. Preferable a clear ZZ or other pattern will develop and print down in to at least the discount...
Hourly plays here that could transition to days. The EMA has held strong on this bull move. Buyers stepped in to move price, and sellers faulterd. There was not much of a battle here at all this time.
A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
This is the 6th test, or more if you want to count the individual candles, of this hourly resistance. We will be seeing a breakout or breakdown soon.
Pretty clear trends on the lower timeframes right now, tightening up in a nice wedge on the higher timeframes. I am scalping these hourly moves down and up but keep a close eye on that HTF support we may be running to next. I will be flat while the market decides its direction. Because that will be big move, i'll have plenty of time to catch the meat of that move.
Hi Everyone! NEAR Analyze ( NEARUSDT.P), 4-hours time frame ⏰ NEAR looks like making HnS Pattern The breakout from the HnS pattern presents a potential buy setup - if NEAR can continue pump, first target is 8.920 - and You can Buy on Breakout 7.685 - or buy on support 6.785 GoodLuck Guys! *Follow For More! *DYOR
My opinion is ARB / Arbitrum is finishing it's major 2nd wave correction as an running flat and breaking the white downtrend line indicates that 3rd major wave is starting. How ever if the red scenario happens more possibility to invalid the whole bullish scenario rather than it's to be a expanded flat. Let's see. DYOR! Always invest what you can afford
Evening fellas, I hope you took adv. of this previous drop. Hopefully you noticed the fact BTC dropped more in % than most alts. Means that most alts bottomed with their /btc pairs and are ready for gains. If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely. Trade thirsty!
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
waiting for the gaming narrative to kick in! this will tell me I'm a wizard without telling me I'm a wizard
We frequently look at the altcoin market and very often look for clues on its dominance and market cap. A historic comparison of alts with Bitcoin's (BTCUSD) Cycles shows that alts bottom after Bitcoin, a lag which is natural considering that BTC is the market leader. Similarly it is possible for alts to rally when Bitcoin is correcting or consolidating. Using...
As I see it we now have two more likely options regarding price trajectory for Bitcoin. Let's first review what has occurred in the past few days. After 9 hits on our multi-year support, we finally broke WITH confirmation. That last part was important. I had stated that if we break and confirm, our first target down would become that first purple ascending trend...
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
📢 PEPE-USDT📢 PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting. Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles...
BTC possible movement towards $55k zone before continuing it is own rally, which will allow alts to make some moves. On the long-term view, BTC peak end 2025/early 2026 could reach around $900k
#Crypto creates many parabolic moves as they are reflexive assets fuelled by Fear and Greed. I am currently on alert that we may have a parabolic rise on our hands. And we could #BTC double to reach very close to that $100K level BEFORE summertime. Our #Alts could go beserk but we must have some sort of selling plan in place. You need to come up with your...