Currently, Bitcoin is exhibiting a pre-halving retracement, characterized by bearish signals and lateral market movements. A technical analysis of the weekly time frame reveals the formation of a Cup and Handle pattern in Bitcoin’s price chart. Traditionally, this pattern can precede further downward movements. Notably, there is robust support within the $60,000...
Bitcoin is an invention designed to grow forever as long as we live.
If you see the same vision, don't forget to support the analysis.
I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating.
It doesn't matter if the price is 70k or 50k as long as you see the big picture.
The world...
Since March 20th, when FX:USDJPY once again reached the 151.50 zone, marking a decades-high for this pair, the price has been fluctuating within an extremely tight range.
However, upon closer observation of the price action, it becomes evident that USDJPY is pressing against this resistance level, with dips being consistently bought.
Even during Friday's NFP...
Attention Traders,
In today's trading session, our focus is on XAUUSD, where we're eyeing a potential buying opportunity around the 2330 zone. Gold maintains its upward trajectory, currently undergoing a correction phase as it nears the crucial support and resistance area at 2330.
Expanding on our analysis, it's essential to recognize gold's status as a...
➖ Bitcoin produced a new All-Time High followed by a rounded top pattern.
➖ Bitcoin is now moving within a lower high compared to the newly established ATH.
Any trading below the ATH —such as is happening now— can be considered a SHORT opportunity.
The stop-loss can be set above the ATH.
Below the full numbers...
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SHORT BTCUSDT
Leverage: 8X
Buy-in:...
If you haven`t bought ETH before the rally: nor sold the top: It seems poised for consolidation within the $3000 - $3250 range, which aligns with my buy zone.
From the perspective of the macro cycle, we have broken the weekly short defensive point, which means that sooner or later we will challenge the historical high, so we remain bullish.
Hey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.66600 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area.
Trade safe, Joe.
The price perfectly fulfills my last idea and it went down from resistance and hit the target level. FX:AUDJPY is in an downtrend and made new low after breaking range zone. The market formed double top then broke the upward channel by making impulse leg. I think the it will go down and test the support level because it broke range zone and channel, additionally...
After the Black Swan, BINANCE:BTCUSDT went down, wiping out tons of positions. As we can see, the market is continuing to move downward, even though there are a there are a couple of days left until the halving. It could be two scenarios. First, take liquidity below the key level of 60K, then move upwards. The second scenario is sweeping the local highs and lows...
Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted structures with 2389 as the resistance target and 2326 as the support target.
We are looking for a retest at 2389 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a...
I am about to share a great piece of information with you that will help you clear all doubts. What would you do if you knew with a high level of certainty that Bitcoin was set to continue lower?
What steps can you take now or in the future in order to protect yourself, your assets, your portfolio, etc., as Bitcoin and the Cryptocurrency market goes...
Hypothetical gold trend and schematic for a four-hour timeframe, excluding last night's war discussion and fundamentals, and conditional on not closing above 2390. Updates and entry points will be provided later.
RIPPLE (XRP Coin) has nearly become like stable coin since 2022, its peak was in 2018. Its value is equal as In mid July 2023 when BTC was trading around 25k, and now BTC is above 65k XRP is still at same price. Not a huge movement is expected in near future but 30 - 40% growth can be seen in few upcoming weeks.
Spot call only.
Hey Everyone,
Last week we stated that after completing all our long range targets, we were seeing price break out of the ascending channel. However we needed to see ema5 cross outside the channel to establish another bullish run above.
The Bullish momentum last week helped clear some of our extended long range targets- BOOOM!!
We also need to keep in mind the...
Hello traders. Just posting a quick scalp sell I grabbed after a huge push up when we opened. That push up was to take out some of the Short positions from Friday. Sell Limit set at 2387 area. I am looking for a push down this week unless we can break and close above the 2369 area and the 2381 area. Those are my markers for this week. If those areas hold as...
Hey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time.
Last week we stated we...
OBV green trend lines has been confirmed by OBV. For that reason they are aligned that way. The dotted arrow points to the top according to halving.
Follow the white moving average which refers to price guidance. Indeed candlestick trend moved downwards as price guidance and now points to the upside
Possible Target $70,378
