As many of you may already be aware, BTC has been experiencing a rather tumultuous period lately, with its price exhibiting a concerning trend. In the coming weeks, we are likely to witness a technical phenomenon known as the "Death Cross." This occurs when the 100-day moving average crosses below the 200-day moving average, indicating a potential bearish market...
A monumental move could happen at any time in these upcoming weeks. In this weekly chart of BITSTAMP:BTCUSD , the historic triangle or the apex dating back from 2013 is nearing an end. This upcoming month should be a decisive point for the coin, and we should be mindful of it. From a technical analysis perspective, the triangle consists of a nearly two-year-old...
📈 Analysis: After nearly a month of consolidation, SHIB seems ready to rejoin the cryptocurrency market action. Accumulation and Support: During this period, SHIB held strong support levels within the range of 0.00000710 to 0.00000705, clearly marked in the highlighted box. 🚀 Bullish Signals: On the daily chart, SHIB shows signs of breaking out of this...
This chart tells you all.. In this channel #btc price rejected 2 times and now is the 3rd. Breaking this channel upside with weekly closing is the invalidation. However, more declination will bring #bitcoin to the targets I highlighted. NOT FINANCIAL ADVICE.
Hey there, Bitcoin enthusiasts! Today, I want to share with you about a popular trading strategy that I use everyday, with Fibonacci Moving Average (FMA) numbers. I'll zoom in on the 4-hour chart to get a closer look at how it works. This strategy can provide some valuable insights into what's happening in the market, and I'll break it down step by step. EMA 144...
I make these for myself and I am sharing this as-is to show how you can use alignment, geometry, price/time to capture price action with trends and pivots from intersections. I know how to read it because I built it but I hope this is proves valid confluence for others. The simple way to look at it is to follow the price , and see if it respects the trends ...
BITCOIN / USD OUTLOOK If you knew that this was to play out, would you sell or would you buy or would you hold?
Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart...
after taken liquidity of the buyside and change of character and rejection of breaker and consolidation we will see a drop of the price to taken liqudity of the sell side and fill FVG of up trend - Trading is probability control your risk management Good luck !
My first analysis that i publish here. Let me hear your thoughts. I am open for any input.
no one can know the future for certain, and there are clearly many possibilities here, but i do not believe that the current price can be substantiated on how little volume we have.
Starting to re-add to bitcoin here around 25700 in what could be the beginnings of a diamond bottom formation on the hourly charts (which is a reversal patten bottom indicator after a bear downtrend). The larger technicals are showing a higher low on the weekly chart here still so its worth adding here and see what happens, stop loss is nice and tight at the...
In the world of Bitcoin, there are certain indicators and lines that hold significant importance for traders and investors. One such line that has repeatedly proven its relevance is the Weekly Exponential Moving Average (EMA) 200 line. It has acted as a crucial support level for Bitcoin in various instances, notably in 2015, 2019, 2020, and 2022. As we approach...
For the past 2 months BLZ has been a money making investment. The 2 hour has been elementary trading. Hold or Trade, BLZ is gold!
1-Volume Matters One of the key indicators we always keep an eye on as traders is trading volume. It's no secret that strong buying volume often precedes significant price increases. In the context of Bitcoin, a surge in buyer interest can fuel a bullish rally. Currently, Bitcoin is experiencing a period of consolidation, and trading volume has been relatively...
Over the past few days, we have witnessed a significant drop in the price of BTC, which is now trading below its Simple Moving Averages (SMA) of 50, 100, and 200. This downward trend indicates a potential bearish market sentiment and raises serious concerns for BTC miners. Furthermore, the BTC miner netflow remains persistently negative, indicating a continued...
This may be the bearish retest of #bitcoin #btc before the dump. Not financial advice.
BTC when accounted with M1 money supply shows where it's heading.