We are in TAO 1H Supply zone. I will look the stentgh over here in order to enter trade.
It is scalp trade. If bitcoin changes bullishness - TAO will be following it too.
Be cautious and do not risk that more than you can afford.
Nothing i share is financial advice. Education purposes only.
#Altcoins #Crypto #altcoin #AltSeason2024 #Bitcoin #Ethereum #AI #TAO #TAOUSDT
Bitcoin is currently experiencing a pullback, having dropped 2,000 pips over the past seven days. Several key factors are converging around the $60,000 level, making it a critical area of interest. These factors include the psychological round number of $60,000, previous market structure, the 0.5 Fibonacci retracement level, and the presence of both an upward and...
NYSE:AR 1D chart;
#Ar, which no one had expected such a dump before, seems to have reached the 56% decline I expected with a deviation of 8% for now.
It may want to visit the same levels again.
NYSE:ZK 4h chart;
On June 5, it is hovering at the bottom of the bullish channel it entered after the low it hit on June 5,
If it closes below, it may want to test the PWL level and even the $0.1479 support level,
Also pay attention to the downtrend line just above it, because it may sag down as it reacts.
The arc and diagonal upward line have become a magnet for bitcoin. Major decision is ahead: Break hard below the wall or enjoy a big bounce. Get your popcorn.
Crypto Analysis (13th April 2024)
BTCUSD Analysis
On the Daily Timeframe, Price action has created a Huge dump due to the 800+ Million Liquidation across multiple different exchanges. Nothing fundamental changed about BTC just yet. Just the usual happenings in the crpyto space.
Price has reached a daily orderblock and has shown strong rejections from that key...
Billion dollar market cap is programmed.
Sine Lines showing possible top April 2025 matchs with length of Chainlink and Bitcoin cycle tops.
Fib date July-Sept 2024 could be the start final wave up to to April 2024. Billion dollar market cap sits on the high end Fib levels so within the range of what is possible.
XRP right now is following history pretty closely.
As you can see from the main chart, XRP is potentially mirroring the same fractal formed back from 2013-2017. If history repeats, there will be a massive breakout for XRP.
There is quite a bit of evidence to support this.
First of all, the multi-year symmetrical triangle that has formed just like in 2012. It's...
BINANCE:RLCUSDT
This idea has a long-term profit goal.
All goals are indicated on the chart.
- Risk 0.5% on deposit
- RR-1/2
P.S (This is not an investment recommendation, this is my personal opinion.f)
I know the chart looks ridiculous; it's hard to visualize such crazy vertical moves, but we have to follow history, and so far, we are still mirroring the last link bear market.
When you go back and spend time analysing Chainlink movement, you can you see that all of the big moves happen within a 40 day window, yep thats it 40days, extreme volatility and then...
Show some strong signs:
1: Fake breakout at 0.712 level
2: 200 moving average breakout
if continue uptrend and break previous high
Target
1.1.072
2.1.2
3.1.5
Potential short trade shaping up for BTC after a slow grind perp driven grind up. On top of the shown analysis we also have the following that could potentially take place, or already has.
- Fallen back inside last weeks range
- RSI underside 50 retest
- Increasing selling volume (spot)
- CHoC in PA
Entry, targets and stops all shown.
Its a very important time for Bitcoin in my opinion , within the next 8-10days we will get a large move above or below the 1/1 Gann , for weeks now we have been holding just under it.
Here is a zoomed in view on the daily.
As you can see we reach this apex 24th of August 2023 , of course its also possible we trickle sideways above the 1/1 but historically...
This is a head's up to anyone who is a day trader or swing trader and wondering when and if it's going to crash, let me say this now.
Please do me a favor and reframed from asking that cause I can't call it when the 4 hour chart is not at a peak high. This thing will kill your wallet in a day and take away over 30% or more of what you gained, but the best way...
CME: Micro BTC ( CME:MBT1! )
A month’s ago, I published a trade idea titled “S&P 500: Expensive but Not Overpriced.” The S&P index closed at 4,409.16 on June 16th, placing it at one standard deviation above the three-year mean (µ) of 4027.2 at the time.
On July 14th, the S&P settled at 4,505.42, up 100 points and +2.2% within a month. Market data has confirmed my...
The "BTC/USD" is in a downtrend since Nov – 2021, and it is obvious that we can expect a further - final sell-off if necessary.
-> The coupling of the traditional markets to the BTC is very high because of the institutional investors (example: S&P500 falls = BTC falls).
-> In which key areas we can expect a local bottom, I will analyze in more detail in today's...
