A clean 3-touch resistance level, a nice break, and also has a fib confluence from the Daily swing low. ATR confluence as well right at the LHPB.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- #BTCUSDT 1M If the price holds above 38745.63, the RSI indicator is expected to rise into the overbought zone. Accordingly, it is necessary to check whether it will continue to rise and touch the...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) A new candle is expected to be created in the 37253.81-38745.63 range. Accordingly, we need to check how the StochRSI indicator will move. (1W chart) The StochRSI indicator is...
A New Opportunity was revealed. Bitcoin Long to $40,000 Tp 1: $39,600 50% Tp 1: $39,850 25% Tp 1: $40,000 close Closed my short at break even. I guess y'all want to know why? Main reason is , the 4hr candle close quite bullish and it's above resistance. and trending up. Wanted the short to come down fast print a 4hr candle that's bearish or big top wick....
*-Technical Analysis 📈 at price 27.000$ breaked and wont back to 27.000$ for start trend to 40.000$ *Trade (Buy) 📊 31.700$ *-Stop Loss 🔴 29.500$ *-Take Profit 🎯 40.000$ *-Risk Management 🚧 5% 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
Thank you for taking the time to review our update. It's essential to emphasize that the following information is not intended as trading advice. BIG TIME is currently demonstrating significant changes in trading volume, representing a new cryptocurrency with inherent high-risk potential. It's worth noting that when trading below $0.16, the risk factor may...
Today, Bitcoin exhibited a significant upward spike, although its rally halted precisely at the 527% Fibonacci resistance level. This occurrence has raised questions regarding the potential for further price increases. Interestingly, this could be precisely what large investors are waiting for – a consolidation at this level. So, while there is an increased...
TP1 from our last idea reached, TP2 soon ? Higher high etc etc we want to be sure that that grey rectangle is now a strong support I updated my fibonacci but im not totally sure the wave is totally finished
TP1: 35K TP2: 40K I'll just follow the arrows and fibs Arrows are not related with time We want to avoid H&S formation
Bitcoin (BTC) is currently operating within a bullish channel and has recently experienced a bounce off the support provided by the ascending trendline and the 100-day moving average (MA). The cryptocurrency is presently trading within the Ichimoku cloud, accompanied by the Relative Strength Index (RSI), signaling a bearish divergence move. For bullish trend...
I explain why BTC USD look bullish next Target are : 48,000 $ then 68,000 $
Upon examining the monthly BTC/USDT chart, it's evident that Bitcoin is exhibiting a bullish posture. The Moralis Money Line, which serves as a dynamic support and resistance indicator, has been decisively broken to the upside. This break is characterized by a candle closing above the line with increased volume, indicating a strong buyer presence. Supporting this...
The middle line of the Bollinger Bands and recent lows serve as markers for the support zone, which puts traders on edge. A decisive break below this area, confirmed by a sustained move below the middle Bollinger Band, could lead to a test of the lower FVG zones. We should watch for a retest of the support level; a failure to reclaim this zone may intensify...
Trade setup : Bullish breakout from an Ascending Triangle pattern, above $38K resistance, signals resumption of uptrend with upside to $40K near-term. Stop Loss at $36.7K (most recent swing low). Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing...
AAVE is currently in a pivotal phase, testing the resilience of a bullish trend that has been the backbone of recent upward movements. The price is hovering near the middle line of the Bollinger Bands, suggesting a potential turning point. We are closely monitoring for a breakdown below this middle line, which lines up with the supporting trend line that aligns...
In the 4-hour chart of CAKE/USDT, we see a clear consolidation pattern taking shape. The market has formed multiple FVG (Fair Value Gap) zones, suggesting significant price interest areas. The recent price movement has struggled to maintain upward momentum, hitting a resistance level at approximately $2.85. The price is currently staying above a series of...
Intriguing scenario on the 4-hour chart. Recent market sell-offs that resulted in a structure break have marked a significant resistance zone, which the market price is currently testing. Despite a slight upward movement, there's a clear tension as traders anticipate whether the resistance will hold or not. If the price sustains below this resistance, then we...
Recent price movement that has not been able to break above the downward-sloping resistance (upper side of triangle formation) line or fall below the local support area (lower side of triangle formation) shows that markets are getting weaker! Recent trading sessions have been characterized by multiple sell-offs, suggesting that bears may be gaining strength....