CRYPTOCAP:FXS Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action...
For this trade to be in play, Bitcoin still needs to drop about $2,000. That said, we hope BTC eventually trades down below 25K. This setup is considered a “bear trap” because traditional support/resistance traders are likely to be watching/sell a break below the 24756 low which printed on 6/14. Despite what traditional technical analysis suggests, making a...
I have been searching on the internet for btc price predictions for 2025. As always people forecast insane prices like in every cycle. This analysis shows how the tops have been matching with fib levels in an ascending order. Measured from bottom cycle to next top cycle, peaks have been in confluence with 0.618 , 0.5,0.382 and a possible 0.236 if I am correct.
Observing the current dynamics of Bitcoin's price movement, we can see a clear uptrend on the 1D time frame. This trend becomes even more evident when we shift our focus to a 4H chart, revealing a compelling bullish trajectory characterized by successive higher highs and higher lows. Presently, Bitcoin has retraced to a strategically significant support level. In...
The Triumph of the Triangle: Triangles are classic chart patterns often characterized by converging trendlines. Solana is currently shaping an immense triangle formation on its chart. A Bullish Perspective: Triangles are typically continuation patterns, meaning they suggest the resumption of an existing trend, which, in this case, is bullish. The pattern...
Bitcoin been consolidating and while there is liquidity to the upside we could see another leg down today. Thanks for watching
TVC:DXY appears to have reached a temporary peak at 107.xx Over the week, cash flow will likely be pushed into asset lines. Command Long has priority at this stage. #Uptober #Uptober23 #Uptomber #Xauusdgold #Bitcoin #altcoins #altcoinseason
As we navigate through these uncertain times, it is crucial to approach the market with caution and carefully consider our trading strategies. Bitcoin has shown remarkable resilience in recent months, despite the ongoing volatility. With its recent stability around the $28,000 level, some traders may view this as an opportunity to explore long positions....
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! Because this is my vision of the situation, because these are my thoughts out loud. Thank you. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. P.S. ...Think positive)
I revealed a STF strategy of mine. Why do i think this? - #btcusd price may retest the dump , i highlighted there as yellow box - A fine short liquidation is at 27850 zone. I won' t take any position because market is so choppy. Stay away from high leverages! And DYOR, this is only notes to me, NOT FINANCIAL ADVICE.
If it doesn't exceed 32,400, it will continue to be in a short position. Currently, ABC has risen by a 0.5 ratio. It could potentially rise to 0.618 once more, but overall, I still maintain a short perspective. If it goes down, I anticipate that the C wave will decline to 22,000.
Bitcoin yesterday pump cleared weekly high and performed a SL hunt to 28.5, after that NY retraced it all back and In My Opinion we will crawl up today then jump to 29.4 at least. Could go to 26.9 or 26.8 but losing that level will send it down to 25.1. Thanks for watching
It has come to my attention that a massive short liquidation pump of 32 million BTC occurred, pushing the price above $28,000. While this may seem like a positive momentum, it is crucial to exercise prudence and wait for clarity before making any hasty trading decisions. The sudden surge in BTC price may be enticing, but it is imperative to take a step back and...
My thoughts on BTC current price action with some education from my 30 years of trading experience. If we get a fake break of what some traders might see as a head and shouders on the 4hr thats a great buy signal or we could begin to enter now at around 26500 if we see the bull flag. Great divergences on the daily indicators- see video and rising 200 MA. All...
In the ever-evolving landscape of global investments, knowledge is power. Understanding the intricate web of financial markets, commodities, and cryptocurrencies requires a comprehensive approach that encompasses both technical and fundamental analysis. In parallel with the publication of articles on Seeking Alpha, we are pleased to announce a new chapter in our...
#Bitcoin is beginning to recover as it approaches the $26,000 level, forming a valid trendline after rejecting the previous $25,000 level (Bullish Orderblock). The current price action is approaching a crucial resistance cluster between $27,300 and $27,500, and there is a healthy daily candle above the EMA 50. The price action broke through the EMA´s 50 & 200...
Traders, Here are the top 5 bullish technical indicators I am seeing right now on the Bitcoin daily chart: 00:23 - 1. Our 25,300 Neckline has held once again! 01:30 - 2. 26,300-26,500 Price has absorbed with accumulation 02:45 - 3. RSI Hidden Bullish Divergence 03:50 - 4. Break/Retest of Descending TL & 50-day ma AoC 04:48 - 5. Bull Flag on the Daily Best, Stew
BTC weekly review and possible scenarios for both LONG and SHORT for next week. New Extreme Level upside is 29.6 and to downside is 23.8 Thanks for watching