Bitcoin (Cryptocurrency)
BTC - Top-Down Analysis 📹 From Macro to MicroHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC - THIS Last happened in 2019 📈Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
A quick look at the BTC chart from short term and macro term perspective. In the 4h we see a flag pattern, and in the weekly chart we see a significant event that last happened in June 2019, which was the opening moments to the previous ATH.
From a technical indicator analysis and BTC chart analysis (short and macro), it seems as though BTC is very well on it's way to a new ATH.
Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks!
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BINANCE:BTCUSDT BITSTAMP:BTCUSD
GOLD | 🔴 LIVE MARKET UPDATE 📈📍After Friday's NFP, Gold printed a top reversal candle on the Weekly Chart. 📍 It is a sign of market weakness, and a possible correction may follow from next week. 💬 4H time frame shows Bearish Divergences on the RSI 💬 Market in a transition period or temporary pause. We can look for intraday short opportunities under live market analysis and chart structure confirmations 💬
Dxy Dropped. VIX Dropped. You Know What That Means?Traders,
SPY has bounced exactly as the charts had shown us it would do. I will briefly discuss what we can expect now in the weeks ahead as we continue our move towards the target of our blowoff top.
We will also look at a few of my short plays. I will discuss what I was thinking in entering and what I expect now.
I was stopped out of the NVDA play and will update my spreadsheet soon! BTC and SOL shorts are still on and SOL is well into profit.
Stewdamus
📈 BTC vs. S&P500: Broken Correlation & The Next Big Move!🔥🔀💰Wishes for a nice month everyone and let's all pray for logic and Peace in the World.🌍
🎓 November has started with a bang, and we're seeing some interesting movements in the financial market. 📊
🔍 Observations:
Bitcoin's Rollercoaster: BTC took a slight dip today, even after a splendid performance post the Federal Reserve announcement. 💸
Inverse Correlation Emerges: Historically, Bitcoin & S&P 500 moved hand in hand. But now? They're moving in opposite directions at times! 🔄
Past Patterns: Dive into 2018, 2019, and 2020, and you'll see this dance between BTC and S&P 500. Correlation breaks, then normalizes, and ultimately... BOOM! 🚀 A significant price movement ensues.
🤔 Thoughts:
ChatGPT Insights: Looked up ChatGPT for more on this correlation break. Factors like market sentiment, liquidity, and micro events could be playing a role.
Current Market Trend: Bitcoin's moving up while indices correct. What's next? We might see this correlation normalize soon. 🔄
The BIG Resistance: Keep an eye on Bitcoin as it approaches the major resistance level I've been talking about. This could be a pivotal point! 🔝
🔥 Hot Takes:
Bitcoin: Feeling bullish! Major support lies around 34,000, and I'm optimistic about BTC reaching the 37,000 mark and beyond. 🚀
S&P 500: Spotted a significant resistance at 4,327. Bearish trends have been dominant since last year, but a break above this resistance could change the narrative. 🐻 vs 🐂
In conclusion, watch out for the correlation between Bitcoin and the S&P 500. When it breaks and normalizes, it might just present a golden opportunity! 🌟 Keep observing, analyzing and take grown up decisions; stay vigilant, and remember to do risk management and have patience 💰
One Love,
The FXPROFESSOR 💙
link:
BTC - Detailed Video Analysis 📹 From Weekly To H4Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
TRON (2023) v BTC (2016)Tron (TRX) has been a legacy coin that has held its own and carved out a niche
Most legacy coins have faded away into obscurity as they've been unable to find a usecase or adoption. They may still have high market caps and may still turn things around but as of now many older coins are falling down the ranks. New coins are eating up dominance. Not for Tron. Tron has consistently been raking in fees and holding a relatively very low fee to price ratio (according to tokenterminal).
$3m in daily fees v SEED_TVCODER77_ETHBTCDATA:8B FDMC
To put into perspective.. Ethereum has had $3.4m fees in the same 24hr period and has a $200b+ FDMC. This makes Tron look wildly cheap into those isolated terms. According to Tron they'll continue using fees to burn token supply. Essentially share/token buy back program. With SEED_TVCODER77_ETHBTCDATA:1B in yearly fees and SEED_TVCODER77_ETHBTCDATA:8B in FDMC.. in 8yrs time 1 single TRX will be worth SEED_TVCODER77_ETHBTCDATA:8B (all things remaining equal.. they wont).
This creates an interesting opportunity to keep an eye on.
From a TA perspective we have a very bullish structure on TRX
This structure is reminiscent of BTC back in 2015/2016 in the build up to the 2017 bull market. Check video for more details on the technical side of things.
BTC Bitcoin Technical Analysis And Trade IdeaIn this video, we conduct a comprehensive analysis of BTC (Bitcoin), examining the unmistakable bullish trajectory it has exhibited on higher time frames. At present, Bitcoin has ascended to a pivotal monthly and weekly resistance level. Our analysis encompasses a meticulous review of the chart, where we scrutinize essential elements of technical analysis, including trend dynamics, price action patterns, and market structure. As the video unfolds, we explore a potential trade idea. Please note, the information presented is intended solely for educational purposes. It should be underscored that our insights are not to be misconstrued as financial advice, and prudence in risk management remains paramount.
Bitcoin: Thoughts and Analysis Today's focus: Bitcoin
Pattern – Ascending Triangle Pattern
Support – 33,780
Resistance – 34,717 - 35,480
Hi, and thanks for checking out today's update. Today, we are looking at the Bitcoin on the daily chart.
Today's focus mainly focuses on the ascending triangle pattern we are seeing in the current up-leg. Could this set up a new breakout that retests the channel top and last week's high? We have laid out a few scenarios we are watching this week from price in its current pattern.
The two main thoughts are a new push higher. Or a pattern fail and a new push lower. Overall, we are remaining bullish due to last week's firm leg higher. If selling does develop, we will look for new higher lows to set up new continuations higher in the longer-term up leg.
Good trading.
BITCOIN:FLAG+ BAT: Eductional Analysis BITCOIN: FLAG + BAT
“Flag” detected which would bring the price towards 39 094 then 40 470.
CAUTION!!!!!
BAT harmonic pattern detected which would first bring the price towards 31 100- 30 400, and a rebound would be possible.
To Watch: EMA.50 and EMA.200 + Ichimoku levels.
Weekend Update - Stocks and Bitcoin DivergenceTraders,
If you've been reading my static posts, you'll know that the SPY has reached its downside target of 410 for the head and shoulders pattern that we've been watching. It's now looking like a bounce can be expected. I'll briefly touch on what I am seeing on the SPY chart as well as the DXY, VIX, and, of course, Bitcoin.
I'll also quickly brief you all on my Bitcoin short trade and what I am expecting might occur here.
Best,
Stew
BITCOIN - Clarification of the Expected Moves Ahead...In my previous video, I initiated the initial stages of planning for some upcoming trades using AriasWave, which allows me to anticipate market movements at specific junctures. Now that we've analyzed the intricacies of this extensive zig-zag pattern, I'm able to present a variety of trade ideas for the upcoming moves. Rather than overwhelming you with ideas that may not align with our objectives, I've patiently awaited the right signals that indicate we now have a solid foundation to work from. I'm just beginning to explore these new concepts for this very reason. If my assessment of our current position is accurate, these trades should be relatively straightforward to execute. It's time to put these ideas into actionable trading opportunities, and the results will speak for themselves.
BTC - NEXT: Extremely Overbought, RSI hits 102Hi Traders, Investors and Speculators of Charts📈📉
I'm expecting some more volatility on Bitcoin as the RSI recently 102 which indicates and extremely over bought market. This is also confirmed by the technical indicator. Usually, after such extreme numbers are hit on the RSI, the price needs to "cool down" or retrace before continuing back upwards. This could mean lower price action for a few days ahead.
It's vital that we retrace back towards the $32k zone to CONFIRM this as new support, and not a fakeout. Two scenarios I have highlighted on the chart is either straight up to the 1.618 and then the support confirmation, or first support confirmation and then up to 1.618.
Either way, I'm bullish on BTC and I'll be looking to take a long from support at $32k.
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📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Bitcoin Update 25 OCTHello! 😎
Returning to post videos but without the more advanced coverage of data points.
Hopefully will make them shorter over time up to a max of 7min. (I failed to do it in this video)
Alright I will cover the chart tends, momentum and price structure and make broader comments on what i see in the books or funding rates.
Talk about potential retraces zones and possible upcoming higher targets as the trend and momentum develops.
Best 🫡
BTC - The party has just Started 🎊📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich






















