So much confluence at 39300 - 39600 - 1.618 Reverted fib - 1.23 extention - 1.0 double extention - Bear div at higher TF Please be aware it could fly aswell I will take a short position in this range as a hedge ( 26.000 long - 37700 long )
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
Bitcoin has been forming a rising flag for the past few days, reaching its new year high at 39,000. I am anticipating that the price will rebound from this HH, and the formation of the rising flag might be a strong indication of a bearish pullback. My entry point for this trade is 38600, SL at 39000, and TP at 37600 as the R:R is 1:2. Remember, only risk 1-2%...
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.
The Best of Profits All Time High by Using AI Training GymModel. BITSTAMP:BTCUSD
The Bitcoin Spot ETF may see widespread approval in January, according to insights from Eric Balchunas, a Bloomberg ETF analyst, who detailed the updated application from asset manager BlackRock. Bitcoin prices continue their upward trajectory, triggering a short-term liquidation of $8.94 million. The total number of entities issuing Bitcoin Spot ETFs has risen...
Bitcoin (BTC) has breached the resistance level of $38,008, though not decisively, currently trading at $38,139 at the time of writing. There is still potential for an extension towards the higher range at $38,414 or, in the case of a strong upward movement, pushing towards $40,000. The Relative Strength Index (RSI) is moving upward and is on the verge of...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of 39K-40K. This week, the price of Bitcoin is in a stabilization trend and has lost its upward momentum at the level of 38 thousand dollars. (in yellow). The Bitcoin Dominance chart is...
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...
#Bitcoin Update: Testing the lower support of the channel. Market momentum seems subdued, requiring a push to surpass the $38k hurdle. Adjusting invalidation to a daily close below $35,628. Unless breached, BTC may target FWB:42K + Do Your Own Research (DYOR), Not Financial Advice #cryptocurrency
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...
#BTC : Currently on track and still anticipating a $40k+ rally. Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend. Altcoins are rebounding as well. Invalidation still remains to be close a below the $34500 level. If you are reading this you already went through the worst phases in the last...
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.