Asian equities saw positive momentum on Tuesday, coupled with the US dollar hitting a three-month low, reflecting investor confidence in the Federal Reserve's completion of the interest rate hike cycle. The focus remains on a pivotal inflation report slated for later this week. MSCI's broadest index of Asia-Pacific shares outside Japan recorded a 0.39% increase,...
The daily chart below provides a more detailed view of the early stages of the red wave III. From the December 2022 low, a bullish price cycle unfolded within the red wave 1. In this context, the black wave ((v)) displays an expansive phase, concluding the red wave 1 in July 2023 at $7.60. From the peak, an accumulation pattern within the red wave 2 emerged in the...
Bitcoin price action raises questions about the upward trend as ETF momentum wanes. With buyer liquidity collected on November 9th at $39,149, the potential for a BTC reversal is significant. Leading indicators are present - decreasing volume, diminishing liquidity, bearish divergence, and more. Given these signals, if BTC undergoes a correction, it is likely to...
The price of Bitcoin surpassed the $38,300 mark for the first time in 18 months as demand for BTC steadily increased. Catalysts such as anticipation of the U.S. financial regulatory authority approving the physically settled Bitcoin ETF and growing demand from Tether whales could potentially push the BTC price even higher. Among the contributors to Bitcoin's rise...
This is my bullish count for BTC ! Volume has to kick in very soon in this 3 wave! After that a sideways 4th wave and a final shot to $200.000 in a 5th wave
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Bitcoin broke through a strong resistance level at $37,980 on November 24, but the bullish camp is struggling to sustain the breakthrough. This indicates strong defense from the bearish side. Both moving averages are sloping upward, and the Relative Strength Index (RSI) above 61 suggests minimal resistance to the upside. If buyers maintain the price above...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Cryptocurrency values experienced a modest decline on Thursday, attributed to lower trading volumes in Bitcoin and Ether during the Thanksgiving holiday. Meanwhile, some altcoins demonstrated upward momentum even as the major cryptocurrencies saw a dip in their prices. After surpassing the $37,000 threshold earlier in the week and testing the $38,000 resistance...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Bitcoin's price experienced a decline on Tuesday and Wednesday following a series of significant legal developments in the industry. The BTC/USD pair dropped to a low of $36,260, significantly below the year's peak of $38,000. The BTC/USD pair retreated after reaching a high of $37,800 on Tuesday. On the 4-hour chart, it remains within an ascending channel...
Bearish divergence on the daily timeframe could trigger possible dump if loses the 35.5k crucial support at the moment. Strong liquidity zone 32.8k - 30.7k range. Watchout this level for bullish reversal.
The price of Bitcoin (BTC) is displaying weakness, registering a 3% decline in a day, with most of these losses attributed to news surrounding the Binance exchange. Testing a crucial support level at $36,788, and with the Relative Strength Index (RSI) indicating weakening momentum, BTC could face further declines. Increased selling pressure below the critical...
I think there are lots of liquidity in this area that will pull the price down. That's my opinion about the btcusd long position. Let's see what will happen ;)
The imminent approval of Bitcoin exchange-traded funds (ETFs) signals a potential resurgence for digital assets, attracting institutional and retail investors alike. The U.S. SEC is expected to greenlight ETFs by mid-January, opening the door for influential players like BlackRock and Fidelity to allocate a portion of their portfolios to cryptocurrencies. This...
Navigating the intricate landscape of blockchain technology and cryptocurrencies, roundtable host Rob Nelson engaged in a insightful conversation with Lule Demmissie, CEO of eToro USA. Their discussion delved deep into the future of digital assets and the evolving trends in cryptocurrency finance. Demmissie outlined how eToro users can trade not only bitcoin but...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.