Firstly, what I'm about to convey is not to be considered as investment advice; it's merely a cautionary note. When examined on a 4-hour timeframe, a significant and noticeable Head and Shoulders (H&S) formation is observed in the FTMUSDT chart. The first indicator supporting this formation is volume. Upon examining the volume, you can notice a visible loss of...
Cryptocurrencies extended their losses over the past 24 hours, with the price of Bitcoin falling below 40,000 US dollars. This level has not been hit since early December.
The price of Bitcoin recouped some of the overnight losses and was down 2.4 percent at 40,070 US dollars at 7:30 CET.
ATTMO shows bearish cloudy and rainy trading conditions linger over the...
I am scalp long on Bitcoin. On lower tf i see some bullish divergences, and level looks good to try to bounce. I am still holding my shorts from 46k, and i will fully close at 35k. Most of the longs around $40.200 got liquidated, and now i think the squeeze it's finished. Target above $41.500
As you see in my previous idea the liquidity grab above 48,2k played out as shown on that chart. For a late short entry I am looking at shorting between 43,9k and 48,2k as I am seeing one more run up to these levels before a major crash, first Take Profit level will be below 24,7k
Not trading advice
Happy Trading
8 Step Analysis:
1) Price broke out of its bullish continuation structure and pursued its rally onwards.
2) A range was formed following the breakout which accentuated the anticipation of the Bitcoin Spot ETF approval by the SEC.
3) This anticipation was shown by leveraged longs that increased open interest through the roof obviously giving a lot of...
BTC / USDT
According to many signs BTC seems to be at local top / finished its mid bull cycle
If my thoughts are right then we could see strong drop “final capitulation” in next few days/weeks towards potential bounce zones in my chart
These zones are located at liquidity and stoplose of majority
The most interesting bounce zone are :
1- First zone:...
Expect the unexpected this year. As you know, I flipped bearish in December. Check out the TA below.
It's taken a while to rollover, but Bitcoin has failed to break the 0.75 Fib Fan. Just like in 2019, week after week, it closed right under it, and now it's finally making a move down.
There are two scenarios that I put together that have probable...
Btc is at its daily FVG and Daily order block which is good accumulation zone. Retail traders arethinking for breakdown and will short it but its time for long now from local bottom.
Hi dear traders,
As we said in our last analysis on BTC, There is a need to correction for Bitcoin and this price falling is natural.
Everything is explained in the video, See my previous analysis on the BTC too, It helps you to understand current market situation.
Be free to ask your questions in the comments, Best regards, Zargar.
Hello dear traders, Take care of your positions because of the current situation of the crypto market.
According to my analysis on the BTC and many valid indicators and price action, Weakness in bulls power is clear. So I expect to see a correction before the next bullish wave.
47,000$ is a major resistance and is preventing price from going higher, IMO we will...
CRYPTOCAP:BTC 48k region acting as resistance mentioned in the last tweet. The market is going to test the trendline at 32k to 34k region. We have seen no weekly correction since the upward movement from 28k.
#altcoins
Hello guys, I hope you are doing well.
Let's go for the weekly bitcoin outlook.
We are in the 4-hour time frame of Bitcoin.
I have told you many times about the fall of Bitcoin to the $41,000 range, as we expected, the downward movement as a settlement reached the order block area.
We have to see how the price reacts at this level, if we see bullish signs, we can...
Dear Traders,
I hope you're doing well. Happy New Year!
This is my first post in the new year, and I hope it proves useful to you.
In Magic Currency, on the two-hour time frame, the price has broken the ascending channel and consolidated its support level. If the price can close above the black line with good strength, it can first reach the yellow level and...
Bitcoin time frame of 4 hours can experience a drop to the price of 35000 dollars, it is better to do the transactions with caution. After a little rest, it will wake up again and break its previous historical ceiling
Analysis:
- Support & Resistance
- Trend Line Analysis
- Liquidity Points
T1: Target 1
T2: Target 2
Opinion:
I was going to wait to post until the new year but price has enticed me to make my view known!
I believe December is going to end as a red month and the beginning of 2024 is going to be rough...
We may or may not get a retest to previous swing high...
CRYPTOCAP:BTC has traded sideways within a range with resistance at the white resistance zone (around $44k) and support in the green support zone around $40k. CRYPTOCAP:BTC has lost support at $40k and is at risk of a steep drop. Altcoins will get wrecked here too.
Price levels on the way down:
- The white trendline at $37.5k is the next key support level...
