Hello, traders. In my opinion, the Tether index should have another rise in the monthly time frame to finish the 5th wave. For this reason, the current increase in the value of Bitcoin is temporary and will eventually reach 40,000. Then again, there will be bloody days ahead for Bitcoin and other cryptocurrencies until the USDT.D Elliott Waves end. Goodbye
BTC's latest price movement has continued to soar above both the SMA 100 and SMA 200-day indicators. It's truly remarkable to witness BTC's resilience and strength in the market, especially when considering the challenges and uncertainties that the world has been facing lately. As a trader, you understand the significance of these indicators and how they can...
CRYPTOCAP:BTC has been running for the past month, and it is currently getting ready for another push higher. Wait for a pull back on the mentioned zones and then prepare a long to ride it higher above $35.5k - $38k areas. #BTC
BINANCE:BTCUSDZ2023 BTC long trade- Trendline support Positive market condition 34k is a PSY Level and Trendline support.
BINANCE:BTCUSDT The problem with technical analysis - we have a so much indicators and technics which showed us different numbers. On candles chart youll see another numbers, with lines totally different, and also on different timeframes either will show one more side of chart, so we dont know which one is correct. BUT Daily timeframe chart on BTC in Line...
I shorted the highs, was waiting for a flush to 4hr MA but covered and longed last hour. RSI looks good. Just have a feeling. Tight stops. Good luck, not advise.
Multiple reasons im longing here, always have some BTC like any rational person. Price action very indicative of a move up, even at this elevated price the 4 hr RSI is bottomed and crossed. Did not expect that bit have to react to price action. Still a gamble here, tight stops, not advise, good luck. :)
Bitcoin still has some good levels to the upside to take liquidity with over 1.5 Billion to the upside.we could also go lower to 32K for a new extreme or high around 35800. Thanks for watching
Hi Traders, Investors and Speculators of Charts📈📉 I'm expecting some more volatility on Bitcoin as the RSI recently 102 which indicates and extremely over bought market. This is also confirmed by the technical indicator. Usually, after such extreme numbers are hit on the RSI, the price needs to "cool down" or retrace before continuing back upwards. This could...
This is the reason it bottomed when it did at 24k. This channel guides the price to higher levels still...
Timescale Fibonacci helps you not only map by and see levels on the y axis, but also on the x-axis. Time cannot be ignored. The similarities so far are uncanny. 0.382 fib was the approximate top, previous cycle and this. This cycle BTC topped first on the 0.25 fib. Then the final higher-high of ~69,000$ on the 0.382 .. Bitcoin also bottomed out around the...
Can you believe it? BTC seems unstoppable as it continues its upward trajectory, defying expectations and leaving us in awe. It's truly a remarkable time to be a part of the cryptocurrency world, and I couldn't be more thrilled to share this moment with you all. Now, let's talk about what this means for us as traders. The recent surge in BTC's value presents...
Bitcoin perform a nice bullish movement in 2023 with unparallel channel up pattern , this pattern will continue perform till the end of 2023. Right now bitcoin already reach channel up resistance with small pump at October 23th. At previous pump (june 21th), BTC perform correction wave with bullish flag , but it failed and break down to fibonacci 50-618 at ...
After conducting thorough analysis and closely monitoring the market trends, I am thrilled to inform you that I am expecting a remarkable 40% return on Bitcoin (BTC) in November. This projection is based on several key indicators and patterns that have historically proven to be reliable in predicting market movements. Now, you might wonder what makes November...
On the weekly timeframe for CRYPTOCAP:BTC : - A candle closed above the downwards trendline (Forming a bull flag), indicating strength in buyers - The MACD indicator had a crossover on the weekly timeframe - Price has been respecting the 21 EMA in the last few weeks. All of my favorite setups include EMAs! - There seems to be a potential Cup and Handle pattern...
Bitcoin dominance broke the Pivot Point SuperTrend line in the 1M chart for the first time in history. I'm not exactly sure what this means from a technical analysis standpoint, but considering some basic facts: Bitcoin as a Store of Value: High inflation erodes the purchasing power of fiat currencies, which may lead people to seek alternative stores of value,...
$CREAM performing in 1hr symmetrical triangle Trading a symmetrical triangle pattern involves identifying potential breakouts and using technical analysis to make informed trading decisions. Here are the steps to trade a symmetrical triangle pattern: 1. **Identify the Symmetrical Triangle:** First, recognize the formation of a symmetrical triangle on a price...