Hello Traders, as we can all see Bitcoin got rejected again from 27400 level. there is no way to talk about any bullish sentiment as long as the price is under 27600 (the red thick line mentioned in the chart). The Daily close under the key support (26500 level) will confirm the continuation of the downside movement. Also, about the possible falling wedge...
Seems Like Bottomed Out & Getting ready For Solid Recovery Descending Channel Breakout & retest Has Already done expecting Move towards 1$
Seems Like building up for Massive breakout forming Descending Channel incase Of Breakout Expecting 35 to 40% bullish Move
Technical analysis of DXY can help us to guess how other assets such as Bitcoin, gold, and other major Forex pairs might behave. Here in the DXY weekly chart, we can see the big picture; how the US dollar has moved before and that DXY is moving in an ascending channel. Currently, it seems DXY is moving upward. As a result, sell pressure on other assets such as...
Seems Like Ready For Upside Continuation Descending Broadening Wedge Breakout & retest Has already done Expecting 35 to 40% bullish Wave
Alright, here's a detailed analysis of the recent BTC price movement, inspired by Jim Cramer's style: Ladies and gentlemen, the cryptocurrency market continues to intrigue as Bitcoin (BTC) finds itself trapped in a bearish structure after facing yet another rejection from a critical resistance zone. The digital kingpin, Bitcoin, had been attempting to break...
Hello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- After a low of 26,600.14, BTC/USD rose to a high of 27,465.93 earlier in the day. Following the recent breakout, this move saw Bitcoin once again climb above the key 27,300 resistance. the uptrend also extended further with the 14-day Relative Strength Index (RSI) above the 42.00...
Due to the uptrend line chart, the price has increased the price to the resistance area and has completed the triangle pattern. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
In today's idea, we're going to entertain a "what if" scenario for CRYPTOCAP:BTC : what if the price of Bitcoin does an exact repeat of what happened back in 2019 up until the high in early 2021? This hypothesis is based off the candle pattern that starts from the 2019 mid-cycle high (1). So, assuming April 2023 was our mid-cycle high of $31,035, it's...
The majority of the crypto market is currently stable. One of the top coins that whales can get more interest in is cocos same time it can be driven towards important targets of 3, 9, and 15 USD. We will closely monitor this coin in both the short term and the long term. Upon studying patterns, it has become evident that COCOS has displayed a significant...
Pepe seems to be on a critical level, the big question is if this trend place will be a return place where Pepe can get a new increase view. TA seems an interesting place, at the same time the holding of PEPE increases with the day. It will stay interesting to follow to see if it's able to get a confirmation as it shows. this coin is high-risk and should be not...
Bitcoin - 24h expiry - We look to Sell at 28495 (stop at 29105) Trend line resistance is located at 28600. The bullish engulfing candle on the 4 hour chart the positive for sentiment. Prices expected to stall near trend line resistance. We look for a temporary move higher. A sequence of daily lower lows and highs has been posted. Our profit targets will be...
Bitcoin (BTCUSD) turned its Ichimoku Cloud green again on the 1W time-frame for the first time since July 2022. However it is the first time that it goes from red to green since December 2020 and if it wasn't for the March 2020 COVID crash, it would have been the first since November 2019! This shows that on a cyclical basis, this is a very rare occurrence. On...
This is research is to figure out where and when to look for the bottom of bitcoin. More importantly when to get out of it if we have a bull run. This may be something new to you, but macroeconomics is crucial here. And this I will try to explain it. The main hypothesis is that the cryptocurrency market has become highly institutionalized, the guys from Wall...
Bitcoin formed a huge head and shoulders pattern on a daily time frame. The price is currently testing its neckline. If a daily candle closes below the underlined green area on a daily, it will initiate a bearish movement. A bearish continuation will be expected to 24400 then. ❤️Please, support my work with like, thank you!❤️
Hello everyone, I will try to write my thoughts about BTC and other high volumes when I am available. If you share your comments and requests with me, we can share our thoughts with other analyzes in a more motivated way. In the chart; - Outside of the yellow colored areas, I expect sharp movements in the price. - The orange and purple gann lines are...
BTC in the midst of its retracement from its December move up from 16K, is this a standard retracement before continuation to 35K or are we heading to retest the lows? BTC can surprise In many ways, so level by level is my approach. Im expecting a pop to grab liquidity above, then head to fill some gaps. What happens there will tell the story of bullish...
Back to 25k before breaking f.wedge and taking a long position. See chart