It looks like we have a symmetrical pattern. This pattern has 9 branches.
This pattern seems to have started from where I painted the green arrow.
The G wave needs to range a bit to complete the timing of this branch.
If we have a downward movement for branch h, we can look for buy/long positions in the green range and go up with wave i.
This is not a sell...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Hi Traders, Investors and Speculators of Charts📈📉
There has been interesting volatility on BTC in the past 24 hours, with fake news being released on X, alleging that the SEC approved Blackrock's iShare spot ETF (they haven't).
Directly from the Cointelegraph website, 16 hours ago:
"Earlier today, during routine coverage, Cointelegraph’s social media team...
seems like getting ready for massive breakout formed text book symmetrical triangle in 3 days tf now testing multi year descending trendline trend line has already tested many times probably weak trend line and expecting breakout soon
incase of successful breakout expecting 220 to 240% bullish rally
Alt coins are bloody, the market moves based on Demand and Supply
If we go back to our chart, we can see here that there is not much demand in that area, between 600B to 680B.
In our previous data, in that area there was a good upward impulse movement, but now the sellers are more aware.
We can go back to the 400B range of the Alts marketcap, and we can...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Thank you for reading our update. Please remember that this is not advice for trading.
CHZ Looks to have a new uptrend volume
This coin can have on this point a historical bottom point.
There is a very real chance Bitcoin will get rejected the 3d time from the supply area, which is coinciding with the upper limit of the channel.
This rejection will cause the price to drop to $25000, thus forming a head and shoulders pattern in daily and weekly timeframes. And it wont look good from there as its very likely $25000 wont hold for too long,...
ETH/BTC has been trending downwards for over a year, and has now reached key support levels. Watch closely for a possible reversal within the zone, and act accordingly.
Fib Grid :
//Durbtrade
BTC - BITCOIN LEGACY - the big dog
took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference.
its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense.
maybe a good long term map here;
im...
Fractal - gold 70-80s
Purple levels - Fibo crossing
The red level is the bottom of the global rising wedge
The last bull run in the 5th global super cycle wave
The bears are coming soon
The Bitcoin market has witnessed significant price fluctuations, influenced by a series of pivotal events over the past years. The Bitcoin 2022 event showcased its growing global influence, while the Lightning Network's development in 2022 highlighted technological advancements aimed at enhancing transaction efficiency. The price consolidation in 2023, between...
Hello, everyone!
Yesterday's pump which was caused by fake ETF approval news shocked almost everybody. As you know I thought that it was time to go to $21500, but when price stopped at $26700 and started forming consolidation I decided that another one push up is likele and wave 2 is a complex reactive wave.
Now we can see on the BTCUSDT chart that dramatically...
BTCUSD is on a bullish 1D technical outlook and more importantly yesterday's rise pushed the 1W timeframe into technical buy levels (RSI = 55.657, MACD = 575.600, ADX = 23.863). This is more than encouraging as it keeps Bitcoin in Bull Cycle territory, over the 1W MA50. What we should be using as a benchmark is the Halving event. Next one is estimated to be in...
