Sell pressure is coming! Watching to see if BTC will break below the triangle and continue the "M" pattern. Super clean bearish structure. Let's hope for NFP week to drop BTC out of the sky. With a Hawkish expectation on the DXY, I can only imagine a fakeout. The Feds will stir up the DXY to create a Bloody Friday
Silver, like gold, has always shown itself to be a reliable asset, which is why you should take a closer look at buying it. Any assets like gold, silver and even bitcoin perform the same way. I mean regular growth in times of market volatility. To illustrate how the silver chart will behave, I would like to show you the gold chart for the last few years....
CRYPTOCAP:BTC #BTC nice getting back above $66,323, currently testing resistance at $68,546 required to reattempt at $71,379. previous 4h close failed to follow up to bullish pin bar, $66,961 could be tested if followed thru on previous 4h bearish close. RSI on 1D looks good, just needs a bit of a push to breakout, so close! Watch given S/R
Funding reached the historical mark as it was at the end of 2021 after which there was a strong downward price movement. Considering my analysis described in previous posts I would also like to note the huge liquidity clusters at 20k and 30k levels which were not touched at all although there was every opportunity to do so. Based on this we can conclude that...
nice impulse after tuesdays ETF/Grayscale selloff - probably from queued ETF/Grayscale sells during easter holidays. big dipper pattern, which has 0% predictive power. It just means there was a dip and now it's too late
Bitcoin is currently experiencing a drop in value, and there is a growing concern that the uptrend may come to an end. As a result, it is expected that the price will continue to decline until it reaches the 60,000 level, where it is anticipated to gain new momentum. It is important to take advantage of this bearish correction, but also be cautious when trading...
This video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. ...
The upcoming Bull Run for Bitcoin is expected to reach significant levels of capacity, with updates on prices coming as signals are received. The Bull Run is anticipated to occur by today at 8 pm or possibly sooner. In the worst-case scenario, it might happen overnight while we're asleep, based on Pacific Time, but indicators suggest a high likelihood of it...
I hope you guys understand my next big trade! If you have any questions or comments feel free to ask! I will put out a video as soon as I ender into the trade
So right now if you look at the chart BTC is at the crucial support of 64.5k which is holding BTC from further drop. It is consolidating over this level and market is acting choppy at this point. It will good to avoid trades during this period. Now there are two scenarios BTC will hold the current support and flip the zone marked above at 67k to 67.9k and in...
Amidst ongoing consolidation around the All-Time High (ATH), Bitcoin ( CRYPTOCAP:BTC ) continues to exhibit resilience, signaling a strong conviction for an imminent breakout before the Halving event. Today, I initiated a long position following a rejection of my level of interest and a decisive trendline break. This entry aligns with the prevailing market...
ETHBTC trading: BTC halving vs ETH ETF Amidst the buzz surrounding Bitcoin's halving, Ethereum finds itself at a crucial crossroads, as the Securities and Exchange Commission (SEC) initiates a 21-day comment period for Ethereum ETF applications. A veil of uncertainty remains over the immediate fate of Ethereum ETFs with the potential rejection or approval of...
Hello again, This is a setup that I was able to join later in the game with a position around the $0.25 cents but I do consider that a price of accumulation anyway. It's a little bit higher now but I see it's got the potential to reach $1 dollar easy. So it's a long for me and I'll see you there at the $1 mark. Trade thirsty, my friends!
Morning friends, There was a post last night with the first bullish setup idea, and now I'll follow up with BTC printing ATH backed by an inverted adamn & even pattern. Maybe it holds the retest of the breakout, maybe we stay within the $50k to $60k range for a while until around after halving, then printing a new ATH once again and reaching levels between $95k...
BTC, currently trading above 66000, is aiming towards 69000 again to fill CME gap, in case of successful breakout at hourly timeframe, we might be seeing bullish sentiments for few days. However, if hourly candle closes below 65700, analysis becomes invalid.
The recent 5% drop to $65,915 after yet another rejection at the $70,000 prize zone is telling of the market's current sentiment and the strength of this resistance area. The rejection, not an isolated event, marks a continuing trend this month, indicating that the $70,000 level is a significant psychological and technical barrier. As I've mentioned before,...
Bitcoin has broke a resistance from the dump we was in back from past few days. BTC bulls has managed to push the hourly candles close to above the last close from yesterday! This is a bullish sign short term, the rate of Bitcoin (BTC) has risen by +2% over the last 24 hours. Key Levels: -Resistance broken at= "£53K" as show from charts -Support created at...
🔍Today, we're analyzing Ethereum/BTC in the weekly timeframe, crucial for understanding Ethereum's position relative to Bitcoin, especially amid the DeFi landscape where Ethereum plays a significant role. 💎Towards the end of 2021, ETH/BTC encountered resistance at 0.08511 and has since been undergoing correction. Upon plotting the Fibonacci retracement, we...