Bitcoin is currently Bullish as it is breaking out of the daily downtrend channel in a big bullish candle.I think it will continue to 30k as the first target and then to 35k.Also there is a change of structure as it is breaking the previous lower highs and going higher. This is not a financial advice.
After my successful analysis for $PEPE/USDT, I took some profits from that trade and now I am going to invest in $SYS/USDT for the following reasons: 1. on the 28th of June there is going to be a new product of SYSLABS called Rollux, after launching this product there will be a buzz in the community, which will make the price go higher. 2. There is a nice bullish...
MATIC produced a local double top on the 4H back in March, using fib retrace from the double top you see the golden ratio has a clear support/resistance in that 0.95-0.97 (nearing the dollar) area, and for each fib retracement line you see that S/R, each one to be tested in the coming weeks as BTC and crypto assets look primed to rally. Outside of TA; the...
• The biggest cliché in trading is that “History doesn’t repeat but it sure does rhyme”. • So, for fun, I copied the march rally fractal and pasted it to the current rally. What do you know? It does rhyme. • Of course, we need to monitor this rally as if it is isolated but, just for fun, let’s see what we can see: 1. If the march fractal repeats/rhymes, then...
Hi traders! A lot of FUD around Binance and the market is bleeding. Altcoins are dropping hard which makes the sentiment even more negative overall. We can see that 'BTC 10k' scenario has been brought to life again and many traders became ultra bearish. Many traders and investors refuse to accummulate crypto now as they believe that it will go much lower. The...
TLDR: • This Idea is for traders that are sidelined and looking to enter long or to those of you that would like to increase position size. • As in the previous Bitcoin idea, this idea is valid Assuming that this Impulse up is finished. • I charted the Fibonacci Retracement levels and a Demand Zone in an effort to find the most likely target for a pullback. ...
Entry Range 23,362 - 25294.8 Targets T1 - 33,821.8 T1 - 35,509.9 T1 - 37,198.0
WisdomTree has filed with the US Securities and Exchange Commission for a spot Bitcoin ETF. The company describes the proposed investment vehicle “WisdomTree Bitcoin Trust” as an ETF that will be listed on the Cboe exchange BZX under the symbol BTCW, according to a June 20 filing. WisdomTree's ETF — or any other spot Bitcoin ETF — will give institutional...
I mentioned that if the downward channel is broken and there is an upward movement at this timing, it will likely rise significantly. You can check my previous post for more information. As the third extension of the third wave is currently underway, it is expected to demonstrate the highest level of increase. We anticipate a length of 161.8% (33780) or 261.8%...
Are you ready for some exciting news? Bitcoin has broken out of its Ichimoku cloud and is moving towards $29,000! This clearly indicates that the bulls are in control and the cryptocurrency is on a bullish trend. As a result, it's time to consider trading BTC. Bitcoin has been on a rollercoaster ride this year, fluctuating wildly. But with this recent breakout,...
TLDR: This Idea is for traders that are sidelined and looking to enter long or to those of you that would like to increase position size. I am bullish on Bitcoin, but I feel compelled to say that IMO the uptrend is not confirmed until we breach the 28.5K level and test it as support. Assuming that this Impulse up is finished , I charted some Fib levels that...
Bitcoin is heading towards Fib Golden Zone before a major fall. A nice Cup with Handle pattern signifies that.
Inverse Head and shoulders finishes forming after 10 days on the 1H. Bullish Engulfing on the 4H. Possible longs when it pulls back to the neckline.
In Day Timeframe, the bottom is very clear. Risk Reward: 7 BTC , BTCUSD , BTCUSDT , BTCUSDT.P , BITCOIN , CRYPTO, CRYPTOCURRENCY DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
The trade has been going quite well since my previous analysis and our entry at 25150 I was expecting a good break of the trend line, not the fake-out that happened. Due to this, I will be moving my stop loss to 26000, I am not liking that rejection on the trend line two scenarios will happen as indicated in the chart However, if it goes below 26200 the market...
Today I want to talk about an exciting news related to Bitcoin (BTC). Bitcoin's dominance in the cryptocurrency market has surpassed 50%! This means that the majority of investors are putting their money into BTC. Bitcoin is the first and most popular cryptocurrency asset, and its growing dominance signifies that more and more people recognize its potential....
BITCOIN is building up some bullish moves let us see if the sequence will play out. According to the Elliot wave rules if you find an impulse with the complete waves of 1 to 5 then the next move to be expected should be a corrective wave of any patterns, but the pattern showing now is zigzag. Smart traders should patiently wait for the breakout before joining the...
- Currently, 4th and 6th exhibit similar situations. -If 27050 is strongly breached, there is a high potential for significant upward movement. -Taking a short position at 26950 and preparing to cut losses when it is breached can be a good strategy.