Hello everyone, let's look at the 1H BTC to USDT chart, as we can see the price is moving in an upward trend channel, defined by white lines. Let's start by setting goals for the near future that we can include: T1 = $67,339 T2 = $68,015 T3 = $68,493 AND T4 = $69,168 Now let's move on to the stop loss in case of further market declines: SL1 = $66,722 SL2 =...
🔥 Altcoins can bring you much more profit then Bitcoin if you understand which altcoins to pick and how to do it properly. That's what this video is about. Enjoy! Of course, this strategy works for altcoins only at Bitcoin bull market. We will discuss how to identify it in the next video ideas. Subscribe! 🎁 Check my trading ideas for the altcoins that are still...
BTCUSD has printed an allbeit slanted yet very nice inverted head and shoulders that has retested and played out perfectly so far. The measured move coincides with multiple high time frame short liquidation levels (Not marked on this chart) with the biggest level being a 6 MONTH high volume liquidation level at $74,045. This strong of a #shortsqueeze could easily...
Bitcoin ( CRYPTOCAP:BTC ) has reached its highest price since the April halving event, reaching $67,422 before experiencing a slight dip. Over the past week, the cryptocurrency has risen by more than 9% and is currently priced at $66,750. Despite dropping after the halving, Bitcoin ( CRYPTOCAP:BTC ) has been steadily increasing in value, although it is still below...
Hello Traders! Here’s a quick update on Bitcoin’s price action: Bitcoin broke out of its descending trendline last Wednesday, also confirmed by the RSI. A head and shoulders pattern has formed, indicating a potential trend reversal. Bitcoin faces strong resistance at $67,000. Breaking this level could signal a continued bullish trend. The key support is the...
ETC is one of ur favourite tokens. Although it has so far underperformed against other alts, it respects technical analysis to a tee, allowing us to trade it profitably and hold it with clear invalidation points and targets. We believe we have completed a wave 2 retracement to the 618 where the major 23$ support lies. Now we're looking for a wave 3 expansion...
💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday. 💡 Bitcoin seems to be completing a pullback right now. 🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 . 📈In terms of Classic Technical...
MATIC has been trading inside this massive triangle for over 2 years at this point. Chances are that it will take another year before MATIC will finally break out of this pattern. In my view, this triangle is a huge accumulation area where traders are loading in their bags in preparation for the next leg up. This can really fly once we break out. Time will tell....
Crypto Analysis (18th May 2024) BTCUSD Analysis on the 4 hour timeframe, Price action has just taken out an inducement level at the 67086.61. Right above that level is a Bearish 4 hour OB. So there are 2 scenarios that could play out for BTC. 1) price taps into the OB at the 67515.19 - 68849.81 level and rejects it, creating a 15 minute Change of...
#TRUUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about TRU TRU has breaked the main resistance level. We can see gain here upto 50%+ soon ✍
#btc #bitcoin divergence is on continuation and ascending wedge is about to the resulted with price action. #btcusd has both liquidations at 63K and 71K levels to take. Let's see what happens in this weekend. Not financial advice.
Weekly session just closed which erases the last four weeks of declines and uncertainties, the candle is larger and also seems to express decision. I think it is normal to see movements of this type after quite significant bearish pressure, it is not a clear signal that the correction is over, but we can see it as a beginning or at least an important rebound. The...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
FTM has been trading in a very strong bullish trend since October of last year. This analysis is based on the idea that FTM will keep trading alongside the bottom purple support. I'm waiting for a minor sell-off towards the entry, or when the price hits the bottom support line. Target at 2$ and the stop below the most recent local low. The stop is very tight....
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Welcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency. We are ready to discuss #FORUSDT💹. #FORUSDT 🔥🚀. Update: Time frame: 8 hours. ➡️ FORUSDT created a falling wedge pattern. ➡️ Breakout confirmation is already complete 🚀. ➡️ Waiting for a correction...
in this analysis, we get a general view of Bitcoin. In the previous analysis, we determined the bottom of Bitcoin and the price moved upwards from the same bottom. As more data appears on the chart, it can be said that Bitcoin has started a complex correction. We have specified two supply and demand areas. If the price reaches supply, we will look for...
#ARUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about ARUSDT Finely hits our target ✅