Hello everyone, Im back with just quick update to Monday pre-Market idea __________________________________________________ So, as expected we went lower really close to our Sellside t1. Price didnt touch our t1 box, but if you trade with Trailing Take Profit, you should be taking some profit-% off the table at this point. Today and Tommorow, there should be...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. Let's make it simple. Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.) If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500. Many analysts are predicting a sell-off after the...
the following fibonacci levels are the most relevant support zones as long as the short-term high is 49k. What happens after an impulse wave has touched the golden pocket is a complete correction to the 0.38 - 0.61 - 078 zone. following this idea, the next level 0.38 with a POC, is a good area for a temporary rebound or trend continuation.
Cryptocurrencies extended their losses over the past 24 hours, with the price of Bitcoin falling below 40,000 US dollars. This level has not been hit since early December. The price of Bitcoin recouped some of the overnight losses and was down 2.4 percent at 40,070 US dollars at 7:30 CET. ATTMO shows bearish cloudy and rainy trading conditions linger over the...
The recent plunge in Bitcoin ( CRYPTOCAP:BTC ) price has sent shockwaves through the crypto community, leaving enthusiasts grappling with uncertainty. The anticipated bullish run following the U.S. SEC's approval of Spot Bitcoin ETFs failed to materialize, raising concerns among investors and analysts alike. We delve into the intricacies that may have triggered...
Hello, Skyrexians! Couple of days ago we told about last dump before the bounce. Now the picture on BTC is really good despite the global fear on the crypto market. Price collected liquidity of long traders, price completed the reactive wave and price formed the bullish reversal bar with the great angle with alligator. Moreover we have divergence with AO. What...
We are looking at the allmighty king. - Pretty strong runup - RSI overbought - Hanging man Candle on the 8D (!) - Support as resistance on $ 37.500 Permabears will shout $ 31.000 and Permabulls will aim for $ 48.000. Me? Eh, not very sure to be honest. But looking at the chart right now, I would be careful. I would not enter a BTC position here. Too...
BTC / USDT According to many signs BTC seems to be at local top / finished its mid bull cycle If my thoughts are right then we could see strong drop “final capitulation” in next few days/weeks towards potential bounce zones in my chart These zones are located at liquidity and stoplose of majority The most interesting bounce zone are : 1- First zone:...
Bitcoin Pull backs are be expected folks. We have had a monumental move from Nov 2022 c.15k to where we are now. In the last bull cycle 30% pull backs were the standard. With this cycle we have had nothing but 20% pull backs to date. We have to cater for a 30% pullback scenario and also for a 50% (as recession indicators are throbbing at present). This does not...
Expect the unexpected this year. As you know, I flipped bearish in December. Check out the TA below. It's taken a while to rollover, but Bitcoin has failed to break the 0.75 Fib Fan. Just like in 2019, week after week, it closed right under it, and now it's finally making a move down. There are two scenarios that I put together that have probable...
Hi dear traders, As we said in our last analysis on BTC, There is a need to correction for Bitcoin and this price falling is natural. Everything is explained in the video, See my previous analysis on the BTC too, It helps you to understand current market situation. Be free to ask your questions in the comments, Best regards, Zargar.
Hello dear traders, Take care of your positions because of the current situation of the crypto market. According to my analysis on the BTC and many valid indicators and price action, Weakness in bulls power is clear. So I expect to see a correction before the next bullish wave. 47,000$ is a major resistance and is preventing price from going higher, IMO we will...
The common assumption is that Bitcoin is crazy and unpredictable. But if we look at the big picture - A technically perfect picture appears, predictable looking at roughly a year and a half of trading. Connecting the lowest and highest points creates an ascending (rising) tunnel with parallel lows and highs. The current floor of the long-term trend is around...
We have many stops under 40k$, so in any moment we can see this stops close
The price has lost 50 Moving average and EMA top. Heading to 100 and 200 moving averages. Hopefully 200 MA must give some support or else it can reach more downside .The lower low price action indicates bearishness and no sight of uptrend . On weekly scale a large bearish wick is worrisome .if price retraced from rectangular box with good volumes there can be...
Touched moving on the daily. Long BTC. -20% decline. Lets see what happens.
BITCOIN might be heading towards 31000. First stop is 40000 area before moving towards 38000 area. Wait and see price action at 38000 area. The bias is most probably bearish and might be price move toward 32000.
Not sure how this is gonna turn out as I'm posting from mobile thanks to the great folks at the Microsoft Insiders Program. They thoughtfully have included the useful feature of corrupting the MBR on the C Drive when users leave the program after realizing it's banal. Thanks guys! Back to bidniz.. I'm not shouting this one from the rooftops, not because I'm...