The point of a downward trend + a 0.5 interval of overall increase is 23.9k in stock terminology. then 23.9k long
The weekly chart does not look good for Bitcoin. Now that we have only one more day in this weekly candle, I highly doubt that it will end up in the green. This basically means that the candle is going to close below resistance. If that is the case, then I am most certain that the most recent daily cycle top happened at day 12 of this current cycle. This means...
After the last price target was reached: Now per a Bloomberg report, analysts from JPMorgan Chase, including Nikolaos Panigirtzoglou, have recently published a research note indicating that the cryptocurrency market is poised to find stability in the coming time. The report attributes this prediction to a reduction in the open interest of CME Bitcoin futures...
Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! Local distribution is not yet complete. After a sharp price drop, the instrument generates a margin. There is no culmination of sales, so the possible momentum is even lower. If there is no final impulse, then an upward movement is inevitable. The mood is positive, waiting for the...
Bitcoin is currently in an 'C' upward trend. Scenario 1: There is a possibility that it may experience a decline again from the most common 1:1 extension length of 27284. Scenario 2: Due to strong selling pressure, it might not reach the 1:1 extension length and could start declining from now on. Scenario 3: As everyone is anticipating further downside, it...
Greetings, traders and investors! Today, our spotlight is on Bitcoin, dissecting the 8-hour timeframe for insights. What's caught our attention is an intriguing phenomenon - a Hidden Bullish Divergence. Let's break it down: RSI took a dip, heading into oversold territory, marking a Lower Low. Now, contrast that with BTCUSDT's price, which dropped but managed...
Good evening , we are from Ukraine! I expect further depreciation of the cryptocurrency market. But if we see the strength of the buyer at the price of 25k, we will break through local highs. But judging by the current situation, the chart shows weakness. That is, after exiting the trading range (breaking through local highs), we correlate the spread to the...
But tbh would love this scenario so we all can buy more. Won't you love this? Imagine buying more of that BTC and also that CME gap at $9700 will be filled as well.. sometimes I get OCD from that..
The approval process for the Ark 21Shares Bitcoin ETF listing on BZX has been delayed by the US Securities and Exchange Commission (SEC). The SEC has initiated a postponement of its decision and has also introduced a 21-day window for the public to provide comments. This delay is noteworthy as it represents the SEC's inaugural instance of extending the...
Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! The chart shows the Last Point of Resistance (LPSY) signal. I expect the asset to rise above 32000. Thank you for your attention, and a special thanks for your likes and comments. Sometimes you win/sometimes you learn. #Bitcoin
bitcoin swept both LATE longers and Shorters. Today is for bitcoin to make its move which I think its downside towards 27.9 then holding the equilibrium around there.After that we have to be glued to the charts to figure out the next move(More Downside IMO). Thanks for watching
CRYPTOCAP:TOTAL 1 (2D) Decision time for the whole of the #Crypto Market. We have formed an Ascending Triangle currently up against heavy resistance between ~ $1.13T & $1.18T. Break up, obviously good things to follow. Lose the trend line and we target the red circle. MIL:BTC EURONEXT:ALTS
It's important to carefully observe this trendline. 1. If it falls, go long at 29,200. 2. If it falls further, go long at 27,600. 3. If it rises, go short at 29,850. 4. If it rises further, go short at 32,100.
Does anyone understand what is happening on the chart?) This technical analysis.
Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! 30,000 was successfully reached, albeit with a slight delay. The graph shows the effort result and the volume. In the future, I expect a correction with a possible resumption of the upward movement from certain price levels. I'm targeting 29000-29100 because we need a successful...
#Bitcoin Update: In the complex world of financial markets, patterns emerge in the form of "impulse" and "correction" waves. Currently, #Bitcoin is constructing its initial wave, indicating potential upward movement. Our analysis predicts a short-term decline followed by a strong buying opportunity. Our team foresees a strategic entry point for savvy traders. To...
Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! After the weekend, a clearer situation has been formed for our own understanding, which indicates that locally the price of the first cryptocurrency should stay above 28680, in other words, a false breakout of the lows and an additional test of floating propriety to squeeze weak...
Have another setup here, theres a couple of entry points here, one is here on the button of the golden pocket... there is also a chance that we could see a wick down into the bright green area on h1 chart as this is a value area. So scaled positions could work great here. Targets are up at the m15 sell area in confluence with h1 fibb targets. will update in the comments.