This is the new long trade idea. The price is trading around daily support. It can dip a bit further but I think it has a good chance to bounce from here towards daily resistance DR1 and further. Lets try this long.
Dominance analysis of the daily time frame By analyzing the dominance of Tether, we can have a better view of the movement of Bitcoin.
Daily Time Frame Bitcoin Analysis Bitcoin can move according to the specified path.
BINANCE:TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which...
BINANCE:TRBUSDT finds its buyer. A breakthrough of the downtrend resistance is formed and the accumulated potential is realized. The probable target may become the area of 150-160. The retest of the bottom forms a strong enough medium-term reversal pattern - double bottom. A buyer appears on the market, which is generally seen in candlestick patterns and price...
> Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern: 1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look for a series of lower highs...
Some altcoins have stayed behind during the most recent BTC surge. These include : 👎 DOT 👎 XRP 👎 ADA 👎 UNI 👎 HBAR 👎 CRV 👎 ALGO Overlay any of these with the BTC chart, and you get something similar to this. Now compare it to the PREVIOUS BTC all time high. I'm not saying these coins are done for, or that they do not have a future. But my focus is on coins...
Bitcoin time frame 4 hours The price has entered the supply area and we are waiting for the price reaction. It can be the ceiling of the daily channel and we expect a drop to the bottom of the channel.
Hello friends, we are going up for pullback Or continue the Bullish ?!, For more details, You can find it easily on the Channel video. I hope to update you, Don't forget to follow/subscribe, and like my content. Thanks, Bros
Bitcoin time frame 4 hours The previous analysis is still valid. We can optimize the entry point and wait for the price to reach our entry point.
Forecast Path: The curved blue arrow indicates a projected drop in price to around $56,495.8. #BTC KRAKEN:BTCUSD This path suggests a bearish forecast over the coming 16 days and 16 hours, potentially representing a decline of around -9.70%.
Patterns and Math add up. Gold to $17,000 ish... Silver to $700 ish... Gold to Silver Ratio to 24 to 1 ish... S&P to $350ish... BTC is a NASDAQ / S&P proxy... It will follow suit. The decade of hard tangible real assets is upon us. The century of imaginative speculation has ended. They printed themselves into a corner. There's nowhere to run......
The precedent forecast has worked like a charm even if I almost lost faith with that bear trap Inv H&S With left shoulders ~129 days Head is 84 days (150% is 126 days so kinda harmonic lol) All that delimited buy touching 200 MA 1H ! there is a downward momentum at the moment on BTC, If we take another 129 days like shown on the graph, from early May, 200MA 1H...
hey traders as u can see, BTC couldnt stablize above the 0.786 fib ext lvl and rejected to the Daily Support area also BTC formed a descending triangle in 2H TF and still playing in the bearish parallel channel we can expect a break down to the Lower Demand zone which confirmed by all-time Fib ext golden Ratio 0.618 if it happen and we go back to the...
#FRONTUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about FRONT FRONT has completed the main Retesting period. Getting a good bounce here. We can see gain here upto 140%+ soon ✍
One of my favourite altcoins for a number of reasons is DELYSIUM. An AI-powered open world framework project, the first web3 operating system that has seen incredible gains in the last year, up 467% YTD. The AI narrative is a very strong one, perhaps the most likely to succeed in this Bullrun and so choosing the right projects to back over the next 12-18 months...
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...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red. 🏹 For the bulls to regain control, a break above the upper red trendline is needed. Meanwhile, further bearish movement...