I should preface and say that these 3 different predictions are based off a similar price action that occurred between June and July 2017, where the sentiment for BTC was very similar to the current sentiment we face here in April and May 2024. I believe that a lot of the run up of this bull market for the next year or so will be similar to 2017 where positive...
According to the analysis presented in the weekly time frame, Bitcoin registered a new ATH and is currently facing selling pressure in the lower time frame. Three movement scenarios can be considered for the next movements of Bitcoin. 🔰 The first scenario : if it is not able to break this ceiling in the weekly or daily time, it can continue its growth with a...
Since the beginning of May, Bitcoin has embarked on rather bullish looking wave structures, in response to the dive of late April that landed the coin just around the 57 k mark. In Elliott Wave perspective, per the principle by which market structure is built, BTC has clearly completed a five-wave impulse, and has corrected this advance in a three-wave pullback,...
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In the continuation of the daily time frame analysis, after the break of the trigger line and pullback to the broken structure, RUNE had a growth in accordance with the movement path, which again showed a positive reaction to this trigger line after correction. 💎 But in the 12H time frame, due to the momentum and upward guard and support in the green box, it can...
In time 12H, it is moving in an upward channel, which has had several positive reactions to the bottom of the channel or the dynamic trigger, which has caused the price to jump. 💎 Currently, it is suffering in a resistance and support area, which is currently in the middle of the channel, which can retest the resistance or supply area if it is supported in the...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) USDT is expected to gap up. (USDC 1D chart) USDC is also expected to increase its gap. I believe that the rising gap between USDT and USDC is a sign of funds flowing into the coin...
Upon analyzing the BTC/USDT 4-hour chart, several critical technical indicators and levels stand out, providing insight into potential price movements. Trend and Resistance Analysis: The chart shows that Bitcoin has faced several periods of volatility, with the current price hovering around 66,707.40 USD. The price is currently testing the resistance level marked...
Clear wedge forming on CRYPTOCAP:BTC over several supports: - Parallel multiyear channel - Important VWAP quarter horizontal line (orange line that coincides with a Fib Level - blue line) - Fib Level (blue line) from last flag in February - Insinuating over wedge ceiling line (dark blue) So, we have a very good confluence there; maybe a scary quick drop...
Bitcoin had been forming a rising channel for quite a few days here which is seen best on the 4hr chart timeframe. I chose to show it on the 1day timeframe though because the channels breakdown target just so happens to align with the daily 50ma(orange line). It would make a lot of sense for it to retrace to the 50ma and attempt to retest it as support. Of course...
Flow has a double bullish shark at support with three counts of holding support and higher lows signifying accumulation.
#FARMUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about FARM FARM is breaking the main falling wedge pattern and getting a good volume gradually. We can see gain here upto 80%+ soon ✍
Does BTC really intend to break the previously theorized C&H corrective pattern? The downtrend line outlined in previous analyzes were being respected. However, I noticed that in recent days prices managed to escape this limbo. Interesting, isn't it? If the downtrend line breakout is true, a likely destination for prices would be the 85K region, an “upside” of...
BINANCE:BTCUSDT After breaking the wedge, Bitcoin has reacted to the PRZ range, it is possible that the price will increase again after a short period of time. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with all these signals, the market changes...
Hello traders, Two types of formation TOBO, FLAG I will give the Tobo target after the resistance point is broken. Flag target; 70100.00 My dear friends, do not forget to manage 2% risk. If you want me to constantly update my bitcoin analysis, please do not forget to press the like button and turn on notifications and follow me, my beautiful family. I love you,...
#bitcoin #btc formed both ascending wedge and bearish RSI divergence. A deviation to 68 - 69K is expected. Hard declination from ~69K region will cause this bearish patterns to play out. If bearish patterns play out, the target will likely be the retest zone of the #btcusd breakout price. The invalidation: If #btcusdt price breaks out above 70K region and 2 3...
Analysis of USDT.D daily time frame In the medium term, Dominance Tether can move towards higher targets after a correction, as a result, we expect a dump of Bitcoin.
CRYPTOCAP:BTC #BTC My expectation is that a similar scenario to the one in the chart will play out. So far, after each halving, we've seen a bull market, but it takes some time for it to happen. In this part of the cycle, large corrections, painful dips, and boring consolidations are completely normal. Be patient, stay focused, prepare for the third quarter,...