We know this is an unpopular opinion BUT technically, Bitcoin is ripe for a move to the downside. On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2. See monthly chart below: It looks as if we're making a 535 correction and therefore,...
BINANCE:BTCUSD is not on the rise. Surprisingly to many, the price continues to decline even after the halving. The situation reminds vvot BTC-ETF, when before the growth, MM collected liquidity accumulated at the bottom. The trend is still strong and bullish. The price is in a sideways range and continues to collect liquidity. The range boundaries are 73500...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
🎉Hi guys, I hope that you have a great weekend . 💡Bitcoin failed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and 100_SMA(Daily) and created a 🐻 Bear Trap 🐻, one of the reasons for which was the release of the US employment rate . 🏃♂️ Bitcoin currently seems to have succeeded in breaking the upper line of the descending channe l and is moving in...
Hi. BINANCE:BTCUSDT ✅Today, I want to analyze BTC for you in a 1D time frame so that we can have a MID-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, BTC has completed his corrective waves (ABC) and now he has reached the end of the...
This analysis is based on a massive rising wedge pattern that has been developing over 7 years at this point. It's a long-term trade, so we have to be patient. The trade is simple; we're going to wait until the top of the next bull-market to enter a short on ETH. When this trade will activated remains to be seen. I'm waiting for ETH to touch the top resistance of...
✅ Bitcoin finally managed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and the lower line of the Descending Channel and 100_SMA(Daily) . 🏃♂️Bitcoin is currently pulling back into the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and moving near the 🟡 Potential Reversal Zone(PRZ) 🟡. 😱The Fear and Greed Index entered the " Fear zone " again after more...
Bitcoin took a hit on May 1, 2024 Causing a shift in sentiment, but it seems it was a trap for bears, triggering a wave of liquidations and a subsequent market decline Now, Bitcoin is around $64,000, showing over 6% growth in the last 24 hours While it has been stable over the past week, its price has dropped by over 4% in the last 30 days
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Great recovery so far! After a quick dip to $56k, Bitcoin has shown some resilience. As you can see on the chart, the price surged above the crucial resistance level of $62k, potentially confirming a bullish reversal or deviation. Additionally, the...
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (Futures) 15m Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 61387.9 ⭕️SL @ 60560.0 🔵TP1 @ 63988.0 🔵TP2 @ 65940.0 🔵TP3 @ 67883.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
Hello everyone, let's look at the 1D BTC to USDT chart, as we can see the price is moving in a downtrend channel, where we are currently close to the middle of the channel where the price has encountered strong resistance. Let's start by setting goals for the near future, which include: T1 = $64,088 T2 = $66,151 T3 = $69,473 T4 = $72,895 AND T5 = USD 76,015 Now...
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
Look at this beauty! Its the F SAME PATTERN as in 2017. Even the previous correction has followed the EXACT fib levels. Given that: Whats gonna be next? --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Bitcoin is exhibiting a divergence between the RSI and its price and it means another fall. From my point of view, it appears likely that Bitcoin will first target liquidity above the resistance zone before potentially experiencing a decline.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Bitcoin has recently crossed the 21 level, then returned above it, now hovering around the upper boundary of the parallel channel (yellow line on the chart). It's maintaining this level presently. BTC may decline around $64000, but if it surpasses this and rebounds from the channel, a significant...
The daily chart for Bitcoin (BTC/USDT) illustrates a continued downtrend with the formation of a descending triangle pattern, which is typically considered bearish. Bitcoin's current price is $63,034.98, and it has recently tested a significant support level (S1) at $59,065.59 without breaking below. Another key support level (S2) lies further below at...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) As USDC stopped falling and rose, USDT also showed a rise in gap. I believe that the rise in the gap between USDT and USDC is a sign of new funds flowing into the coin...
#GLMUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about GLMUSDT Moving Exactly As we Expected 15% profit done ✅ Expecting more in coming days 🚀