Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line. It has completed " 12345 " Impulsive Waves and making its Correction. We have Strong Divergence we can Look for Short If it Breaks Lower Trend Line Otherwise Trend is your Friend
- The white resistance zone has been flipped into support - There is very strong resistance in the red resistance zone ($46,270 to $48,264) - The light blue trendline is my strongest resistance target around $49.1k - There has been a brief pump up to the light blue trendline and a strong rejection down that resulted in a long wick back down - Bitcoin is currently...
BTC / USDT BTC just made a X3 from its bottom at 15k But it seems it is ready for another bullish impulse and here is why : We have unsloping channel target at 52k Also we have new ascening channel above it which targets 51k Also there is huge old weekly resistance between 48-52k So can easily touch this resistance easily We can also see that both bears...
Bitcoin is retesting (again) my trendline. I see everyone calling for new highs, and last time that everyone was greedy... You know what happend. Now you are all greedy again, what could happen? I personally sold half of all my spot bags, and added more to the BTC shorts. I am short on BTC only. Of course my trendline can't hold forever, but i think we are closer...
Hello friends, Today I'm going to talk to you about an interesting and useful pattern in trading. This pattern is called QM or Quasimodo and it is one of the famous patterns in trading. This pattern consists of a high peak (Overbalance High), then a return to a lower point and finally a movement upwards that leads to a resistance point or supply zone. Note that...
Based on the market data provided, Bitcoin (BTC) is currently priced at $46,490.00. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 59.59, 65.19, and 84.81 respectively. This suggests that the cryptocurrency is neither overbought nor oversold in the short term (4 hours) and medium term (1 day), but it is significantly overbought in the long...
A scenario where it gets to 100k by end of year. Just saving this up there)) needs to be led by the important moving averages (50ma, 200ma...). lets go!
MARA working on an "inside day" candle after retracing and holding the 20 EMA. High risk high reward setup heading into potential BTC ETF approval tomorrow and as the range tightens. Stay safe. I'm in at $25.92
btc will dump soon from . monthly resistance and weekly supply level . be carfeull
We can see a falling wedge pattern in daily chart. This is a bullish pattern for few days. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment...
Here's my revised "Potential Path To $150k+" chart, adding in 3 new factors that further point to the higher Fibonacci targets on this chart and potentially hitting $220k Bitcoin. As the 3.618 accurately predicted the exact market cycle top in 2021 (drawn from the 2018 Hi / Low cycle)... The same scenario could play out for the 2024 bull cycle, with each of...
The adage "buy the rumor and sell the news" might apply to Bitcoin with BlackRock and Fidelity’s potential Bitcoin ETF approval on the horizon. In the event that the SEC denies the ETFs, market participants might eye downside targets below $41,500 and $41,250 if we get a wild swing to the downside. Conversely, approval from the SEC may pave the way for an...
Some of the biggest asset managers on the entire planet are going to release a BTC ETF: Blackrock $9.3 Trillion Fidelity $4.5 Trillion Franklin Templeton $1.53 trillion Invesco $1.5 Trillion. BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline. I expect the approval to a buy the rumor, sell the news...
Exciting times are ahead for Bitcoin as it prepares for a potential run towards $36k. Bollinger Bands are tightening, signalling short-term volatility. My Elliot Wave analysis points towards a fifth impulse wave. Along with gold and silver breakouts, a squeeze towards $36k seems imminent, in my opinion.
Yo, for real! SEC's on that cap game, ain't no denying. They talk big, but we know it's just a front. Gotta keep our eyes peeled for what's really goin' down in these financial streets, bruh! On some real talk, let Bitcoin do its thing, but how it moves in the next few moves is crucial. Stay on point, no need for catchin' up if you stay ready. That's just how the...
Based on the provided market data, the current price of Bitcoin (BTC) is around $44,021. The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day periods are 54.49, 58.83, and 82.46 respectively. The Moving Average Convergence Divergence (MACD) for the same periods are -20.68, 709.42, and 4194.00 respectively. The RSI values indicate that Bitcoin is...
BTC Bitcoin Price fell today amid speculation of ETF rejection. Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically...
1. The previous monthly candle failed to close above the monthly ichimoku cloud. It is natural that it is very difficult to braek out the monthly kumo cloud. The price of Bitcoin had reached the ceiling of the ascending channel, where it was accompanied by a SHORT signal. Last week, in Daily timeframe the trendline had broken down, and yesterday the...