📈 Bitcoin has recently exhibited a rising wedge pattern on the 4-hour chart, indicating a potential correction in the near term. This pattern is characterized by converging trendlines forming higher highs and higher lows, signaling a weakening momentum and a potential reversal. 🔍 💲 As of the time of writing, Bitcoin is trading at $68,200, and based on the...
Over the past year, we've witnessed several significant corrections, each with its unique characteristics and impacts. Let's delve into some key insights gleaned from these recent trends. February and March 2023: 23% Correction The early months of 2023 were marked by a notable correction, with the market experiencing a downturn of 23%. This correction sent...
Simple trading - Head and shoulders pattern I am looking for BTCUSD to continue falling as it respects the lower highs. Target 51200 **Update on new weekly support incoming
$OAX UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about OAX. $OAX is at a strong support level. We can see gain here upto 90%+ soon✍ #OAX #OAXUSDT #OAXBTC #BTC #CRYPTO #BNB
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. It was falling inside the descending channel. Nevertheless, the market has finally broken the higher boundary of the channel and is currently testing the 63K – 65K zone. If the level...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. Daily chart, the price is continuously rising after bouncing off the 40K btc level. However, the market recently retreated from the 75K resistance level The 64K – 66K level is...
I believe it's time to keep an eye on XRP. Let me start off by saying that this crypto actually has been in a bull range for quite some time. There was a spike sometime ago, which can be viewed as a precursor for what's to come in the future. What would I look for to take place? I want to see a B.A.R. of the mid-range high & monthly EQ ($1.10) before...
Bitcoin broke the earlier trendline that i draw, since then im bearish. my next target is the big daily wick on the trendline that also comes together with 50 ema(yellow line)
since LQTY's ATH in Coinbase it drops over 93% what you also know on my Past Coins like this that is a nice potential to move now Higher and get the Targets what i gave you. For now LQTY is on a simple Box Range and as soon as it left this Box we will see it higher. the other confluence is that as soon as it Push up to TP 1 it could create a Cup and Handle...
Bitcoin is on a Bearish Megaphone, so far supported by the 4h MA200 and with the 4h MA50 as Resistance. The pattern is targeting straight the 59350 Support and 1d MA50. A 1d RSI again on the 30.00 oversold level would be a clear buy signal. That can even be the Right Shoulder of an underlying Inverse Head and Shoulders pattern. Buy and target the 73750...
Right now, Bitcoin is not having its best moment—prices are on a bit of a slide, and a few key signs are telling us that this might continue for a bit. The way Bitcoin’s price is hugging the lower end of its expected range (that’s the Bollinger Band) and staying under what's usually an average price level (the Simple Moving Average), shows that the mood in the...
This Bitcoin (BTC) chart against the US Dollar (Tether, USDT) on the 2-hour time frame provides a rich set of data for a technical analysis perspective: Ichimoku Cloud: Price is currently below the Ichimoku Cloud, which typically suggests a bearish trend. The cloud acts as a dynamic resistance area. Resistance Levels (R1, R2, R3): The chart shows multiple...
Market Participants No Lettuce Hands always make laugh If you love a thing or even Just Like a thing And you can buy it for cheap .. why don't you? Oh I see they didn't actually ave the conviction Somebody gave them a tip A story as old as time
Taken this #bitcoin swing long, we have BOS to the upside came into demand area if it repect the breakout we should move up for a new ATH
Market maker deciding now to move the market either 69K or 57K. Not financial advice.
BTC Update: BTC is currently at culmination of game and a certain channel. In my personal opinion, probability of an upside is very high and I have two reasons for this: we are on lower line of channel, which should act as support - next thing we do is retest the downtrend breakout lines. Additionally, greed is high and everyone is waiting for a big correction to...
Resistance Lines added to Chart - Update #1 This is the BTC Crypto possible path looking back at 2015 & 2018 as the last bull runs made their way breaking thru the Fib resistance lines. Will the 2022 bull run hover under the .0236 fib and consolidate slowly and makes its way to $1 Million US Dollars or will it just want to blast off quickly to the .05 fib and...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price has created a downward trend channel, from which it tried to get out at the top, but currently it is returning to the channel. The return to the falling channel also brought a return to the strong support zone from $64,643 to $62,206, further support is...