(3-EMA) with periods of 50, 100, and 350 days creates a bullish configuration, where shorter averages are above the longer ones, signaling a potential continuation of the uptrend. The strength of the trend is also supported around events such as Bitcoin halvings, which historically have been associated with periods of intense price increases. The upcoming...
The Undervalued Gems: Zcash and Dash Coins Beckon as Prime Long-Term Investments In the ever-evolving landscape of cryptocurrencies, where volatility often reigns supreme, two digital assets have been quietly building momentum amidst the tumultuous waves of the market: Zcash (ZEC) and Dash (DASH). Despite their innovative features and robust fundamentals, both...
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BINANCE:BTCUSDT.P Local targets for Bitcoin in February 2024 Possible Targets and explanation idea ➡️12H timeframe Fib is relevant. After bounce from 27 zone we can see drop to 40300 ➡️40300 is a key level what we need to hold forming H&S pattern on 4H ➡️Target for this pattern will be over 46-48k and liquidations over 5 billion ➡️Above we will test...
Throughout 2023, the BTCUSDT price moved up the channel skillfully. And in early 2024, when BTC ETFs were finally accepted, the price of BTCUSD hit the top of the channel around $49000 and began its corrective movement. Let's be honest, the correction of Bitcoin's price growth has been asking for a long time, now the only question is when it will end ?! Write...
Hi again... As I ment in into, I think this FED meeting was kinda good lead what to expect next, especially because J.Powell insight, since he run the show. To understand better my Idea whats going on, I try to break Weekly time frame into Daily chart posted under.. _________________________________________________________________________________ So, in...
Introduction In the ever-evolving world of cryptocurrency investments, one often hears conflicting narratives about market efficiency and the potential for massive gains. This article delves into the Crypto Bull Thesis, offering insights, and high-conviction crypto assets that may flourish in the next bull cycle. Directional Bias 1. Limited Growth Stock to...
With multiple rejections of this level I can see price targeting the 40k level. That level IMO will give better idea to the price of BTC and or its next move. Im still on the fence cause i still see the 32 level . There is alot of data fling around this week so take that into consideration as well. if you agree please throw me and boost ideas and...
Is Shiba Inu (SHIB) the Next Big Cryptocurrency Investment Opportunity? In the dynamic world of cryptocurrencies, where trends shift rapidly and opportunities abound, one asset that has captured the attention of investors worldwide is Shiba Inu (SHIB). With its recent double cup bottom formation and the potential for a breakout to the upside, coupled with the...
Scenario 1 Already running with support level. And still working as a support line. Price rejects the support can go for buy order. Scenario 2 Price breaks the Support, ( can go for sell ) and continues its way down side to the next 4H Support at 78.95 - 88.64. 1H Resistance located at 106.65 1H Support located at 78.91
Looking for small correction currently in B wave (red). Nice swing trading set ups in current trend
Bitcoin is correcting. It is as simple as that. Here is my input on things: What is on the chart? (Follow the steps) 1) Price rallied back in October 2023, breaking the high of the 13th of July 2023. Throughout this breakout a large untouched daily FVG was formed. 2) Following the rally, price slowed down and created an accumulation structure which plays a huge...
Based on the chart: If Bitcon gets rejected at $44K then im expecting a micro correction cycle to around FWB:41K before we can continue going up, so lets wait and see. The micro correction will be creating micro wave 2 correction cycle before we can see and impulse cycle from FWB:41K to complete micro wave 3 cycle of wave 5 impulse cycle to $50K or above...
Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US. The price of Bitcoin recovered 3.2 percent over the past 24 hours to...
Red line is EMA300. we bounced on it. EMA300 is acting as the strongest support right now. if we cross down this red line we can go 2000ish. if we bounce multiple times on it, it should mean we bottomed, it can be a reversal bullish sign. Happy Tr4Ding & Stay Safe !
In my last TA post, I talked about the possibility of Bitcoin heading back to the $35-36 range before the halving, and I still don't think I am wrong about that. Let's take a look at why... Bitcoin is really hitting some resistance at the current range. When I look at other cryptos like Ethereum, it's much of the same. This pattern looks to me like a bull trap....
While many think we are in a bull run, I strongly advise keeping an eye out for a strong bear market that could occur so we stay on both sides of the markets. My perspective on bitcoin is unchanged from the previous bear run; I strongly believe it won't reach new highs before reaching 10 k. I provided the bull run scenario based on analysis in case we want to...
Technical Analysis: BTC in W ,is doing a wave ((1)) in black H1 - right side is turning down H4- right side is up D -right side is up Technical Information: Swing trader -In the short time is doing a wave (4) in Blue. After done is a short term buy opportunity. Position trader- BTC should start correcting within the next 2 months in a wave ((2)) in...