Sometimes, its a good idea to look away from the PA and to take a look at the other info presented to us as people Buy and Sell #Bitcoin Two Major indicators for me are the MACD and the RSI. The image here is the DAILY #BTC chart for those, since December 2022 At a quick glance you can see that Both MACD and RSI have reset a long way. This gives PA room to...
Bitcoin is following my plan. Perfect bounce and range at support, and now i placed my stop at break even to be safe. I expect a continuation of the upside moves, but i prefer to play safe because a possible manipulation can dump BTC, and if it will close below the support zone we could potentially see a 10% drop
After we got a huge bullish wave 3 I am expecting to get a wave 4 and it should be bearish strong wave ( 4) then will lastly get wave 5 before we get C all the way down Note : it is not a financial advice
Panic gripped the cryptocurrency market this week as Bitcoin, the world's leading digital asset, tumbled below the crucial $70,500 mark. This sharp decline was accompanied by a disheartening shift in a key technical indicator, signaling a potential bear market on the horizon. The CoinDesk Bitcoin Trend Indicator (BTI), long a trusted gauge of Bitcoin's price...
Breaking up this short term resistance is the invalidation. Not financial advice.
Something else to watch out for this Week is the #BTC OPTIONS expiry on Friday 19th April This alps happens to be the #Bitcoin Halving day. What Will this do to BTC ? This has NEVER happened before and previous Halvings were no where near the halving date The chart shows you recent options expiry dates and PA results. Bitcoin options are financial derivatives...
Hey as we have broken the 71266 resistance zone and liquidating over 3Billion shorts. I truly believe we are hitting a higher zone before another correction downwards. Following Bullish indications are: Triangle pattern break out and anticipating to hit 83600 mark. HHHL Resistance broken at 71266 Bearish indications: Major resistance at 73363 another lovely...
BITCOIN EW LONG TERM COUNT Primary Plan: Move from late 2022 looks extended, aiming at this as potential extended wave that should continue to drive the price higher this year. Wave (4) of III looks like a simple Zig-Zag for now and if we re right price should find support around 60,447-59,493 zone. Alternate Plan: We are going for Double Three (7-Swing)...
Look at the chart BTC is at the crucial support zone marked as green zone at $62.4k, if it breaks this zone you see 1 more leg down to $59,005, and if this level does not hold we can see 1 more leg down to the green zone marked at $52,923. There is much liquidity resting in between 52k and 59k. More chances are we can pull back from $59,005 or between. On the...
Bitcoin analysis Time frame of 4 hours Bitcoin can touch the specified targets by collecting liquidity below 59000 by hitting the 4-hour demand area.
Bitcoin (BTC) bulls cheered as the price smashed through the $68,700 resistance level, marking a significant milestone. However, the climb has stalled as the coin encounters a new hurdle - the $69,700 to $70,500 resistance zone . A decisive break above $70,500 could signal further bullish momentum. This area has historically proven to be a profit-taking...
BTC ~ 1D Updated #BTC, For now #Bitcoin Has Important Support at $60,000. This support needs to be maintained to keep the price from falling any further, apart from that CRYPTOCAP:BTC also has Classic Support Ema100 at a price of $58K+
At least this correction may end like this. This is the most optimistic path. The path is on the chart. Not financial advice.
Support is around 63000-62000, and the small-level chart now shows that bears have a greater advantage, so the trading view is to go short first. If the support is effective, you can go long. If it falls below, look at the 60600-58800 range, with strong support around 57200. In the 4h chart, some indicators need to be repaired, so if it falls below 61,000,...
The Bitcoin market appears to be taking a breather after a period of intense activity in the futures market. Recent data indicates a decline in Bitcoin's open interest, a metric that reflects the total amount of outstanding futures contracts. This development comes after concerns arose about the futures market potentially overheating, which could lead to increased...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
The cryptocurrency trend was negative over the weekend as tensions escalated in the Middle East. “Predictable unpredictability is the new normal… For markets in the short term, this should lead to position reduction,” Handelsbanken wrote in its daily note. The price of Bitcoin fell to a low of $61,078 on Saturday. This market volatility led to liquidations of...