Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price rebounded from the lower border of the downtrend channel. Let's start by determining the support line and as you can see, the first support in the near future is $57,035, which kept the price from a major correction, if the support is broken, the next...
Bitcoin struggled to make a strong ascent and is now approaching the resistance zone with difficulty. Consequently, I anticipate a further decline, at least to retest the support zone.
It's time to review which altcoins showed sign s of strength during the recent new Bitcoin All Time High (ATH) ... and which showed no strength. Together with the failed breakout we observe on Algorand, THESE altcoins didn't fare much better. There are a few more, but let's focus on these alts for today: What we're comparing this chart to, is the obvious...
Hello friends, Now we are still moving in correction small White B wave as you find it easily in my previous post. we will Go up to Yellow wave A which is my first indication and the next Yellow B to take my decision of creating Red X or Blue X. Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment. Thanks, Bros
Hello friends, I made a full analysis for the B wave which is running now. Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment. Thanks, Bruce
Market Analysis: DOT is holding a higher timeframe range high as support, forming a double bottom pattern, indicating potential readiness for an upward move, contingent upon overall market stability. Trade Setup: Entry: $6.8 - $7. Take Profit: $8 or next resistance around $9.5. Stop Loss: $5.7. Risk Management: Utilize a stop loss at $5.7 to mitigate potential...
This analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA...
As I see it we now have two more likely options regarding price trajectory for Bitcoin. Let's first review what has occurred in the past few days. After 9 hits on our multi-year support, we finally broke WITH confirmation. That last part was important. I had stated that if we break and confirm, our first target down would become that first purple ascending trend...
If things continue down could we see the final bounce in the mid to low 40k region or will we hit 35k… Or is the reversal in? For two years I guessed 52-56k was the Macro Cup
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
`To trade a bullish symmetrical triangle, observe a consolidation pattern formed by converging trendlines with higher lows and lower highs. Wait for a breakout above the upper trendline accompanied by increased volume, signaling potential upward momentum. Enter a long position after the breakout, aiming for a price target approximately equal to the height of the...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Bitcoin has been on a rollercoaster ride lately. Fear is palpable in the market, with the Fear and Greed Index dipping into "fear" territory. However, could this be a buying opportunity disguised as a downturn? Let's analyze the price action and explore the...
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price rebounded from the trend line and rose higher than resistance 2, which coincided with the resistance zone, thereby breaking this level. After this, BTC started to trades inside the resistance zone, but later it made an impulse down to almost trend line, after which at once turned around...
#BTC On this chart I highlighted important resistance levels to keep an eye on: 63096 66899 70033 Especially, we may see strong rejection from 63096$, there currently Daily 50 ema is crossing, + FVG levels on smaller timeframes are laying there.
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is in retesting period. In this retesting we can see a good drop in price. We can see price around 2200 soon. Keep in touch we will update further soon.
Hello, dear friends! 😊The cryptocurrency market continue declining rapidly. Of course, Bitcoin is doing the same.🔻 I've shown You on my chart, what we might expect in the next week or two.👇 In the photo ⚪️ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.📖 I think we can expect something similar....
Hello, dear friends! I hope You're having a great weekend!🫶 Today it happened! The halving has occurred. The price hasn't reacted yet. And that means that significant movement awaits us ahead! How are You feeling? Will bulls or bears dominate the market? I wanna share with You one of the possible scenarios for price behavior in the near future. What do You...
This is an update to my previous Bitcoin short idea. Price reached above 50% of the range which means it has reached the minimum premium for shorts being viable. I will monitor price action in the current Daily Order Block and see if we move lower from here. There is a resistance trendline with Buyside liquidity so we may still reach higher into the zone from my...