Bitcoin bas multiple confluences to long from 25300 - 25450 area
Trading Setup: A Trading Signal is seen in the BTCUSDT . Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 29107.00 ⭕️SL @ 28530.90 🔵TP1 @ 30276.80 🔵TP2 @ 31286.90 🔵TP3 @ 33075.30 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase Completed Impulse and Corrective Wave " ab " Divergence - RSI Break of Structure S / R Level
While the momentum is bullish, clearly the resistance is too strong to break out from without minimal correction at least
Do you think such a medium-term trade will work for BTCUSDT? Entry $29170 Stop $27999 (-4%) Take profit $32450-32750 (+18%) Potential profit/loss ratio = 4.5/1 The purple trend line since the beginning of the year is at $28350, stop at -1% below it in case of a squeeze. USDT dominance is in the middle of a multi-month consolidation. * USDT.D's upward...
Hi Traders, Investors and Speculators of Charts📈📉 The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains. When BTC trades...
After taken liqudity of the buyside and break of structure we will see a drop of the price to taken liquidity of the sellside we consider OB '' Order Block'' an entry point - Trading is probability control your risk management Good luck !
Today is an important day for the financial markets, in 10 hours (18:00 UTC) the Fed will announce a new rate. 98% of respondents expect a +0.25% rate hike from 5.25 to 5.50. More interestingly, it is predicted that this will be the last rate hike in 2023, and at the end of the year, they may even cut the rate a little. We won't go into the macroeconomics, but...
From my analysis on bitcoin, we could be seeing a possible drop in the price of BTCUSD by -4.17% and beyond. From my analysis , we could see this turn over of price from 29377.4 zone as sellers will most likely accumulate volume at that price point before the go short and in turn we could see a -4.17% drop if the previous drop is measured correctly. As an...
Bitcoin keeps the 1D MA50 intact as Support inside the Channel Up since the start of the year. The 1D technicals turned neutral (RSI = 51.000, MACD = 329.200, ADX = 26.387) therefore starting to build up the conditions for buying again. The 1D STOCHRSI formed an LL pattern and the previous three such formations inside the Channel, ended up with rallies of at...
I have split EMA 50/200 Golden Cross and Death Cross in 3D chart. As we see we have bar/accumulation zone then we have bull run, for many people bull run means ATH but I don't think like this, it is a long term trend. Trend will start soon even covid black swan couldn't make it death cross so this trend is %100 till now. From 21.07.2023 our golden cross will...
BTCUSD is on neutral 1D technicals (RSI = 48.291, MACD = 346.700, ADX = 26.388) which indicates its still consolidating despite today's sharp drop that turned the 4H time-frame red. We are expecting a 4H Death Cross to be formed today or tomorrow, which even though bearish in technical nature, it has been this year, in peculiar fashion, a bullish signal. This...
BCH/USDT will probably go out of the banner shock! 🚀📈 Exciting News! 📉🚀 📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum. But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹 💪 With the closest support around 225.04 (June 29,...
is Bitcoin back? potentially. zooming out we can see that there is a confluence of the 21 monthly moving average, as well as a key monthly s/r level at 31500. with the full force of the blackrock news + all following bullish announcements from, citadel, fidelity, the fed etc i think theres a high chance we break through the 31500 level. before we the...
Had I made the lines and ideas more DRAMATIC i think they would have gotten more/some attention and likes etc. However, since I kept it really simple for you and made the most sense of your week and cut out the UNNEEDED DRAMA AND STRESS. CT isn't big on that kind of thing and loves to fuel the emptions etc. So this didnt get near as much respect as it should...
BTCUSD is cruising on the 1W time frame as its technicals stabilized on steady bullish action (RSI = 61.246, MACD = 1832.600, ADX = 31.118) and looks ready for the next price push to 40,000. Based on the Wyckoff methodology, the current Re-accumulation phase could be as prolonged as the Accumulation of July 2022 - February 2023. The Buy Accumulation phases of 2021...
Bitcoin is showing an inverted Adam and Eve pattern on the daily timeframe. This pattern is a reversal pattern If the price of the asset breaks below the neckline, it could signal a down movement. The target for the down movement is usually equal to the height of the Adam leg, measured from the neckline.
Bitcoin on the Day has a Possible M possible bullish wedge. we are in Mojor decision point in my opinion as it will choice our next possible month price action trend direction.