Hello traders, It's the 10th day after the BTC halved, and there hasn't been a significant move in the market. We saw a 5% push right after the halving, but eventually, it dropped by -8%. The current scenario shows good support ranging between $60k to $62k, where we have the 100 EMA as strong support. Once BTC breaks below these levels, we will likely get a...
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Based on the analysis that we did two days ago and which I updated now, until the strong red lines are not broken, it will not be possible to reach the upper areas and we will move towards the green and blue lines.
BTC shorts to 44k Then buys to 110k. Bull run over, next cycle.
Depending on the low time frame KAS shows new increase in volume trend which could be confirmed in the coming time frames.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
#btc #bitcoin dominance is like a bow. Falling wedge will likely play out as a hard pump of #BTCD index. I don't mean price of #btc or #usdt pump, but #bitcoin will more likely to overperform #altcoins Not financial advice.
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. : Low and High figures are for the trading day. Bitcoin (BTC) is recognised as the world's first truly digitalised digital...
The aftermath of Bitcoin's recent halving event has ushered in a new era of uncertainty and opportunity for miners, as they grapple with escalating mining costs and shifting market dynamics. With the hash power required to produce one Bitcoin ( CRYPTOCAP:BTC ) per day surpassing unprecedented levels, miners face a daunting reality characterized by shrinking profit...
#Bitcoin : A close below this key Moving Average (MA) level will officially signal the start of a bearish rally. Thus far, the price has shown remarkable resilience, holding its ground admirably. Keep a vigilant watch. #Crypto #BTCUSD
What I'm watching on Bitcoin 1. A move above the 21 DSMA 2. OBV break up or down On Balance Volume (OBV) has shown itself to be an very useful metric to monitor in the recent daily timeframes for BTC. Something to keep a close eye on.
The Main Chart is the TOTAL Crypto Market Cap and it shows us how the Market is sitting on the Daily POC ( Red Dotted line ) off the VRVP and is gettign sandwiched between the 50 SMA ( RED) Above and the 100 ( BLUE ) Below. - All in all, After the weeks of Ranging, The PA is in Good shape but that VRVP doe sshow resistance over head and possible Lack of support...
📊It's been a while since we analyzed Bitcoin and the market in general. Here's what we have now: 💰Bitcoin is still holding near its all-time high (ATH). The trend is still bullish. Weekly candles are closing with large wicks , indicating buyer presence. However, we've seen a rapid price acceleration towards ATH, accompanied by significant volume, which could...
BTC hitting the zone as we have mentioned in the last post, for further price action we will try to record a video. Stay tuned
Thought I would post this the day after we hear that REPUBLIC FIRST BANK has gone in to receivership in the USA. This is just 5 weeks after the FED's BTFP Banking Suppor tprogram ended. Thsi si likely to be the first of more and the question is now, how will the FED react on Wednesday, 1 st may at their next interest rate meeting. To Pivot now would be an...
In the short term, which is taken from my personal opinion, in the long term, the bit has a resistance in the red box and finally in the range of $69,000, which until these areas are not broken, we cannot expect an upward movement from it and it can be Touch any of the lines below it
This review was done in Time Monthly and it is only my personal opinion, and it is not the basis for decision At first glance, according to the past information, and the type of movement of candles, if we are to consider a similar behavior for Bitcoin, a 55% correction and a 77% correction can be considered. But when this movement is done , that the area of 42 to...