Daily Chart: Bitcoin is re-testing the pivotal resistance zone around $66,741 and striving for upward momentum. A daily closure above this zone could ignite a bullish advance towards the $69,466 resistance. Escalating past $69,466 is likely to result in the new ATH above $72,715. A rejection of $66,741 could signal a bearish momentum, exposing the $61,671...
Expired BTC.USD Weekly outlook. 3rd WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 60,797 Target Price: 61,831 | Strike Price: 66,558 MAY15 24' Upper Range: 67,738 Lower Range: 55,925
Hello Crypto Enthusiasts, lets take a look at $Bitcoin on 1H. The Market witnessed an impulse on May 15, due to the news which saw it print 8 consecutive bull candles on 1H confirming that there is a strong interest from investors. It's always good to buy at discount positions to get a good RR. There's a gap formed between $62987 and $63537 which will be a good...
Bitcoin (BTC) surprised many on May 16th with a sudden surge that brought its price close to $66,000. This bullish move followed a period of consolidation and came amidst a broader risk-asset rally triggered by positive economic data from the United States. While some analysts remain cautious, others see this jump as a potential springboard for further gains,...
BTC ~ 4D Updated #BTC On 4D Timeframe, CRYPTOCAP:BTC USD Formed a Bull Flag Pattern. It is very bullish if it breaks the resistance line of this pattern
Previous analysis worked out perfectly. We are in deep profits and i placed the stops at break even. But now, what's next for BTC? Probably it will not stop now, i think it will keep pumping at least till the $71.000 area where we can maybe have a retrace till $63-65.000. But it's still too early for that. For now, let's enjoy the ride
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line S / R Level Break of Structure Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Can Bitcoin REKT a bit of shorts before next lef down? WE is famous for craz ymoves, right?
BTC ~ 1W #BTC Very simple. we found this History for 1W MACD. When the MACD crosses, the price tends to be Down. we found this at least twice in history. will it happen again this time? if yes. $55,000 - $52,000 is the closest target currently possible to achieve.
Bitcoin is currently in a downtrend, which we can observe on the daily time frame. It has been forming a pattern of lower lows and lower highs. However, there’s an interesting development when we zoom in to the 30-minute time frame. On the daily chart, BTC retraced and moved away from an optimal entry point. But on the 30-minute chart, using the same strategy, we...
Bitcoin is giving us good opportunity to add longs for the long term and mid term also. Price entered again an awesome buy zone, and i hope the price will touch the lower of the box to add some longs again. I think we will trade above $75k in the coming months, and every drop is a chance to add a little long exposure
The Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year,...
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
Here's an intriguing take on BTC and the potential significance of the 152 (Bulls) & 52 (Bears) week cycles: 🔑 BTC: Unlocking the Secrets of the 152 (Bulls) & 52 (Bears) Weeks 🗝️ Throughout BTC's history, a fascinating pattern has emerged – the alternation between 152-week bull cycles and 52-week bear cycles. 📈📉 This cyclical behavior has been observed multiple...
Bitcoin, the world's leading cryptocurrency, has experienced a volatile period in recent months. However, a technical indicator on the weekly timeframe is sparking potential buying opportunities for long-term investors. This indicator is the Stochastic RSI, and a recent or upcoming bullish crossover could signal a reversal in the downtrend. Understanding the...
Perfect setup shared last week. Bitcoin has followed perfectly my ideas, and it's pumping hard. On lower timeframe, you can see it has break above trendline, and it's performing a nice range that could lead to a continuation of the pump
Weekly Chart: Yesterday, the weekly candle closed red, but indecisive, right on top of the support at $61,263, which is also the mid of the weekly range zone. The wide weekly range zone between $54,758 and $67,769, highlighted to CRYPTOLEAN community a few months ago, is characterised by a slow and choppy price action and I have consistency said that a dip to...
I did not find the liquidity grab convincing, I will try to look short with a 15m down break from the month's high. In case of PWL manipulation, Long can be searched with 15-minute breaks.