Doge on the daily is fighting and losing to the SMA50,it is below the SMA9 as well as the EMA20. It is falling off on volume as well as momentum and the BEARS are stepping back in. For the last 2 days it's been a perfect short if you just short from the SMA50. We still have a sell signal which never retreated regardless of this recent bounce. WE have decent...
The Hong Kong Securities and Futures Commission (SFC) has granted approval for the first spot Bitcoin exchange-traded fund (ETF) in the city. The ETF will be managed by China Asset Management (Hong Kong) and several other applicants. According to reports, China Asset Management (Hong Kong) will partner with OSL Digital Securities and BOC International Prudential...
The cryptocurrency trend was negative over the weekend as tensions escalated in the Middle East. “Predictable unpredictability is the new normal… For markets in the short term, this should lead to position reduction,” Handelsbanken wrote in its daily note. The price of Bitcoin fell to a low of $61,078 on Saturday. This market volatility led to liquidations of...
CME gaps are filled, now? (There are 2 more gaps deep in the water.)
Concerns about Bitcoin’s recent decline, driven by fear and a risk-off attitude due to Middle East tensions, have arisen. However, this appears to be a healthy correction within the ongoing uptrend, ahead of the upcoming halving. On a daily chart we are currently observing wave III after recent extension and there can be space for more upside, so after current...
Hello traders, Checkout this quick bitcoin update. Also checkout the ETH price giving very good profit
The time has come when all the investors who bought bitcoin at $69,000 will be able to sleep peacefully. But what will happen after the historical high is updated? To begin with, there is a good chance that bitcoin will continue to grow without correction or even consolidation. The result will be a renewal of historical highs. This is evidenced by the...
I was expecting this drop some days ago and here you are. My buy zone worked out perfectly. Now it's getting ready to pump hard and probably hit a new ATH. Invalidation below my support zone
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
With the drop to 60k already happening, will evaluate if this possible bounce makes it above 67k, at 67 will explore options on possibly opening a hedge short position, while maintaining bag positions. It's an obvious idea with minimal risk vs reward. Short 66-67k Leave current bag alone, and hodl let go of short when or if 60s is breached and we touch the high...
On April 1, the BTCUSDT price started with a "humorous" correction. In general, April promises to be quite interesting and provide "many answers." During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D: - It will be possible to trace where the capital that previously entered the cryptocurrency...
If you haven`t sold the top on BTC: Upon observation of the chart, it appears to have developed a clear double top, a pattern widely regarded as one of the most bearish in chart analysis.
I've been tracking this Elliott Wave count for some weeks now including other coins. We have an obvious 5 waves carved and RSI divergence on the daily/weekly. We now have all the characteristics of a Wave C decline with very rapid price movement declining over the weekend. The Wave 4 bottom was taken out, which can be a spot for liquidity before moving higher and...
Typical liquidity cycle is 5-6 years long (65m). Buy bitcoin before an upswing (or end of QT) and sell when liquidity tightens. Macro is the best way to analyze markets? Adjust your stakes based on position of the cycle. Markets can have risk-on, risk-off episodes. Where Bitcoin is a risk-on asset. Use 10Y-02Y for guidance.
Looking back, commodities had a high conviction in february based on a longterm trend. Combining macd and BB break out. Markets have either risk-on sentiment or defensive. During risk-on phase people want to put money to work, there is too much money. During risk-off or defensive, people want money and safety. Assets become too expensive. Bitcoin rallies...
Given that the JP Macro Trend script integrates DeMarker and momentum indicators and now includes the OBV data, we can refine the analysis and attempt to outline a more informed probabilistic outcome for the short and longer term. However, it's important to note that probabilities in market analysis are inherently subjective and can vary widely depending on...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 67500.0 ⭕️SL @ 68820.0 🔵TP1 @ 64000.0 🔵TP2 @ 60800.0 🔵TP3 @ 55550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Hello Traders, Here are some of mine picks of altcoins to buy on dip as of now. More support and targets will be shared in detailed video in next few days. As of now if you like you can check mine analysis.