Bitcoin (BTCUSD) is under heavy volatility lately due to the ETF development and in times like this, we tend to zoom out into the longer term time-frames such as the 1W to get a better perspective of where we might be at with relation to past Cycles, in an attempt to filter out the short/ medium-term volatility of such news. ** Cycle classification ** On this...
Currently, the price of MIL:BTC has encountered a very strong resistance zone. Such zones are rarely broken through at once. I expect some time of accumulation in the range of 35-40k, and by the end of the year, a breakthrough and consolidation above 40k. The main target is 48k, where there is both a strong resistance zone and the completion of the correction at...
Bitcoin attempted to establish a new high above $37,978 in the past two days but failed. In the meantime, the decline in ADX on the daily chart began to reflect a slight loss of bullish momentum; additionally, MACD, Stochastic, and RSI reversed, now pointing to the downside. These actions heighten our alert level as we continue to see the falling number of Bitcoin...
Currently, two scenarios are on my radar. The first involves a robust closure above 36.4k, potentially paving the way for a subsequent rally towards the 38.5k-39.0k range. Alternatively, there's the prospect of revisiting the 34.2k level. Will wait for triggers.
Hello TradingView Family / Fellow Traders, 📈 BTC has been generally bullish from a medium-term perspective , trading within the ascending broadening wedge outlined in red. Currently, BTC is positioned near the upper boundary of the wedge ; thus, we can anticipate a correction if the last minor low highlighted in green is breached downward. 📉 If the green low...
this is a simple classic TA view. it's necessary to see "at least" one big weekly candle. this is when you can understand the pivot is formed. don't try to be smart and sell the TOP TOP price. it wouldn't work for btc. wait for turning and pullback.
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has returned below the local downtrend line. When we unfold the Trend based Fib Extension tool, we can see that the price is approaching the support level of $35,977, and then we have a strong support zone from $35,431 to $34,748. Looking the other way,...
Hello, everyone! The predicted #Bitcoin dump has happened, but has not reached the target zone. Current recovery looks like a huge trap. We expect BTC will reach the target at BER:33K anyway, waiting for the strong support and growth continuation from there. 🚀Follow us and never miss update
Bitcoin and Bitcoin Dominance may be about to move up should the 52% dominance level be successfully held. Expecting a sharp move up to 55-57% for dominance and 40-43.5k for Bitcoin, and alts to lose value vs. Bitcoin: Should the 52% level be lost, we may re-test 50 or 48% dominance levels instead. Bitcoin needs to cleanly break through the 36.5-40k area to...
Method : Fractal Geometry Research White Line : BTC Purple Line : Geometry fractal predictions Observing historical data from the smallest particle frame to larger time frames using fractal and Fibonacci, methods are very suitable for investors, spot traders, long-term or swing trades. !However, it's not suitable for scalping, short-term, or future traders! "...
TRB has been one of the biggest winners of the last two months, doing a 14x whilst most other crypto's only did a 2x-3x. It was a matter of time before TRB corrected. Patient bulls like myself have been waiting for this opportunity. Since TRB hit oversold levels on the 4H chart for the first time since late September, this might be the perfect time for bulls to...
The total marketcap of altcoins, TOTAL3, has reached the highest value since August of 2022. In my view, this clear breakout marks the end of the bear-market accumulation phase and is the start of the next bull-cycle. Like mentioned in my other analyses, the fact that the lows are in doesn't mean we will go up in a straight line. Most likely it's going to be a...
Join me on TradingView for an in-depth analysis of Bitcoin using Elliott Wave Theory. In this comprehensive study, I delve into the intricacies of market cycles and waves, offering insights into potential future trends and key price levels. Stay ahead of the curve with this detailed Bitcoin forecast.
- **Current Scenario:** KASUSD is exhibiting notably high levels, potentially signaling an imminent dump. - **Strategic Approach:** Consider using this coin for scalping, but exercise extreme caution. - **Risk Management Tips:** Utilize low leverage and limit exposure to funds to navigate potential volatility. Stay updated with Bitxer for the latest on new coins...
Morning folks, So, the pullback, based on 3-Drive is done. Long-term upside target is 42K. But, now market stands on tricky background. It has to keep going higher to new top to confirm bullish context. Until it stands around the top - maybe nominal, but chances exist for downside deeper retracement. That's why, if you plan to go long - don't place too far...
Thank you for reading this update. Depending on our study we see that RLC has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice
Bitcoin recently experienced a double high, prompting a pullback that some analysts view not as a reversal but rather as a strategic move to create additional liquidity before a potential upward surge. This market development is being closely watched, with a notable weekly target still in play. We are eagerly anticipating whether this pullback will serve as a...
Hello guys. How are you doing? I hope you feel great and always be happy and successful. today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin. So, as I always said it's not financial advice. please just read and do based on your strategy. So, Let's go into details. ➖➖➖➖➖➖➖➖➖➖➖ I drew this Fibonacci channel a...