I said in my previous BTCUSD post that I'll be looking for low term sells after the ATH inducement. It played out perfectly. But why? This is my view - The ATH was a massive liquidity pool. After collecting the orders and the liquidity it started big sell movements. Then out of FOMO people started selling because they thought they could "catch top". Twitter was...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It appears to be breaking upward through the 0.886 (56227.18) to 1 (61338.93) range, which was considered a resistance range. Accordingly, it has become important to be able to...
Here's an analysis of the BTCUSDT pair using the divergence strategy with RSI indicator. Please note that technical analysis is based on assumptions and subjective interpretations, and it's important to always consider the risks associated with cryptocurrency trading. General trend analysis: BTCUSDT is currently in a phase of consolidation or correction after...
The stock price of Coinbase ( NASDAQ:COIN ) has surpassed its initial Public Offering (IPO) price for the first time in over two years, as Bitcoin ( CRYPTOCAP:BTC ) reached a new all-time high. When the most prominent U.S. crypto exchange entered the public market through a direct listing in 2021, the Genesis price was $250 per share. Initially, the stock...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($69,000_$65,000) 🔴. 📈From the point of view of Classic Technical Analysis , it seems that a Rising Wedge Pattern has been formed, although, at the same time, we seem to have witnessed a Bull Trap , and this Bull Trap caused a new All-Time High(ATH=$69,990) to be created for Bitcoin. 📚What is the 🐮Bull...
Shiba Inu is trending in Triangle in 1h timeframe, which might breakout soon, you can go for a long position. Entry point is given in chart Targets : 0.000038, 0.000040, 0.000042 (Spot and low leverage trade)
I was trying to find similar charts to what Bitcoin looks like right now. Taking into account that it's on the all time high levels and in a similar category in a sense. So, is the current Bitcoin weekly chart similar to the selected 15-min chart of SP500 from 2nd of February 2024 in a sense of similar structures at all time high levels, with no structures to the...
#ALGO Price Update: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours candle close above the marked zone. Always use stop-loss. Everything is on the chart.
So let's try to think about thinks objectively Btc is an asset that has A lot of hype behind it I don't know about you but other than being a trader, I haven't heard (non traders) talking about btc that much in the last few weeks You know what I'm talking about right? Like when your friends on facebook who don't know ish about trading but because they see...
In times H4 and H8, after the breakdown of the descending channel in the form of a pullback to the range of $7500 and confirmation of the continuation of the trend, it is possible to reach the specified supply area according to the important resistance range, as well as the neck line of the range of 7500, with the support of this range, the ability to reach The...
Never say never! I know it sounds crazy but what if this whole bitcoin move that we saw from inception to today was one giant cycle? What if this is the bottom of a larger cycle and we are about to see numbers that no one could ever even imagine are possible? What if everyone who is predicting Bitcoins's next move is near sighted and need to zoom out allloot...
Luna has done phenomenal in this run and we can all agree with that. Its been forming a large rising wedge and indicators are showing a pretty sizable correction back down to single digits after the peak at $70 near the apex of the wedge. The Elliot wave is almost complete as well, we are in the final stages of the fifth wave which woulds bring LUNA to around...
$170k is the next target for INDEX:BTCUSD . I used fibonacci extension to help me determine the next target. No excessive explanation because this beautiful chart explains everything. Btw Bitcoin hit ATH before halving. Historic times for Bitcoin.
FTMBTC was following a downtrend line on the weekly timeframe and has successfully broken out of that trend line. We expect to see some good growth from it 🚀 Targets to consider: 0.00002470 0.00003487 0.00004708
#NEARUSDT UPDATE This entry was shared in vip room already all 3 targets hitted. NEAR is exactly on the way as predicted already 90%+ gain so far gain. Always trade with confidence
#IOTXUSDT UPDATE IOTX is getting a good volume and getting ready for a good bullish wave. In this move we can see gain upto 50%+ soon
Trade setup : Price is in an Uptrend. First attempt to break above SWB:69K -$70 has failed. That’s an all-time-high (ATH), which is a significant resistance area. Price got very overbought (RSI > 80) and was rejected, pulling back as low as $59K. It’s likely to pause here and consolidate around this area, before resuming its uptrend. Now we wait for price to...
Hello there! I wrote here one week ago that BTC will set the temporary bottom to 38900. The bulls and bears are strongly fighting on this area because there are few encouraging signs for each side - like many times though 🙄. Bullish - you can see a pattern comparable with May-Jul 2021 when BTC found it’s redemption after three strong attempts of the bears in...