Get started

Crypto-analysis

🔮💰 MAGIC (MAGIC) - Awaiting a Potential Move Higher! 📈🚀📊 Technical Overview: MAGIC (MAGIC): Priced at $1.27 on the 12-hour timeframe. Appears to have retraced to a previous support area. Next resistance at $1.50. Stochastic RSI and RSI both indicate a potential reversal and move higher. 📈 Trade Strategy: Trade Opportunity: Awaiting a potential move higher. Next Resistance: $1.50. 🚨 Note: Market dynamics may influence outcomes. Awaiting the magic to unfold! 🔮🚀 #MAGIC #TradeAnalysis #Cryptocurrency 📊💹
Long
by Richtv_official
Bitcoin: And off we go! 🚀Over the past few hours, Bitcoin has held the 61.80% retracement level of $27 374 within the turquoise target zone (coordinates: $28 157 & $25 590), and has even managed to bounce slightly higher from it. Accordingly, our primary count remains fully intact and we continue to assume that the cryptocurrency is currently working on the sub-waves of the turquoise wave [(ii). Next, we expect the price to surpass the resistance level at $31 875. This move should allow the cryptocurrency to gain further momentum and progress within the blue wave (iii). . Although the probability of our alternative has been significantly reduced recently, this secondary scenario remains relevant. There is a 30% chance that Bitcoin could move slightly lower and drop into the green Target Zone between $24 085 and $21 001. However, even in this event, sustainable gains would be expected afterwards.
BINANCE:BTCUSDLong
by MarketIntel
1
Market Cap Analysis: BTC Dominance Rejected, Alt Season Ahead?Hello traders, In this post, we will analyze the current state of the cryptocurrency market through the lens of market cap, BTC dominance, and major indices. We will also look at the potential for an alt season, the impact of the upcoming Bitcoin halving, and which coins are outperforming BTC in the long term. Finally, we will provide a short-term perspective on the price of Bitcoin. First, let's have a look at market cap. The BTC dominance was rejected by resistance at 49% with this reverted hammer candle on week of April 23. It could mean the market cap will flow into altcoins. And, on the right chart, the RSI is oversold and getting closer to the 50 mark which is, on this 2 weeks chart, an indicator of alt season. Now, if we look at the Total market cap, we can see that it significantly grows after a bitcoin halving . The next one is just in 1 year, so be patient! It's also important to look at major indices, since they can impact the price of the crypto market. The S&P 500 is currently trading in a triangle, and seem to bounce on the top of it these last days. It could mean more action to the downside. Here is my "BTC destroyers" chart, and right now, only ETH and BNB, and maybe MATIC are outperforming bitcoin on the long term. Here is a bear's perspective on Bitcoin: I like to compare Bitcoin and Nasdaq price as they are strongly correlated. A double top is forming on Nasdaq price and could be bad news for BTC price. Now on the short term for Bitcoin: The 4 hour chart is printing a double bottom, it will be valid if price climbs back to 28 000$, the target will then be 28 880$. However the bigger trend is bearish, price currently below all moving averages, if price breaks below the bottom of last few day's range at 27 100$, next target for the bears is 26 660 given by fibonacci levels.
by cyatophilum
🔥 GALA Triangle Analysis: Moving To ResistanceIn my most recent GALA post I talked about the massive triangle that GALA is currently trading in. My expectation was that we'd go down to retest the bottom support and reversed from there. In my view, the reversal has been started. I'm looking for a move towards the top resistance of the pattern. Ideally, we will break through that resistance area with a big green candle, but that's for later. For now, the yellow area is our target.
Long
by FieryTrading
2
ETH. On the verge of starting its next leg up. $2000 is NextETH has been correcting for 8 days now..forming what is to me an obvious sideways correction This crypto rally will continuing until the bank drama blows over and/or we get a week+ of consolidation on the charts. A few days ago Jerome Powell suggested this last .25 rate hike may be the last one for a while. With the next FOMC being 6 weeks away...I think we see several weeks of upside for assets including ETH. I have been long ETH via perps from $1430 and have been adding to my position under $1800 $1950 is a solid profit taking level Good Luck Everyone!
KRAKEN:ETHUSDLong
by Brenvest
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point. We had a nice Bounce off our 0.786 Fibonacci, and with a majority of the uncertainty over - some upward movement is our belief. 📉 LONG - BTC : $27,250 📉 💵 Length of trade: we are expecting BTC to hit a $550 scalp, with a high end of $1,100, and a minimum expectation of $300. 🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out within 3 hours of market open for NYSE.
Long
by VirlVideo
BTC - Still Bullish - For Now! ⏰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🗒 After rejection the 20,000 round number, BTC broke above the last major high in gray, and have been bullish since then. We will remain bullish as long as BTC doesn't break a previous major low. The current last major low is highlighted in gray around 26,700 📌 If we break below 26,700 expect a bearish correction to start till around 25,000 support. 🏹 Meanwhile, we are still bullish and the bulls would take full control again by breaking above the current minor high in gray around 28,500 In this case, a movement till the 30,000 weekly supply zone is expected. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
16
DXY (US dollar currency index)Subscribe and get a free trading strategy for Bitcoin and other instruments every day! Hi! Hope you like such chart patterns as I like rockets under my ideas)) Head & Shoulders has a predictable entry point. So be smart and good luck! P.S. I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
TVC:DXY
by Anton_t_t_t_eng
Bitcoin FuturesSubscribe and get a free trading strategy for Bitcoin and other instruments every day! Hello, my friends! I wanna show you price GAPs today. As you know it usually should be closed by the price. There are no such GAPs on the usual chart but you can see them on BTC Futures chart by CME P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
CME:BTC1!
by Anton_t_t_t_eng
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will RISE from our current entry point. 📉 LONG - BTC : $16,855 📉 💵 Length of trade: we are expecting BTC to hit a $200 scalp, with a high end of $300 - minimum expectation $125. 🕰️ Duration of trade: we are expecting BTC to try and retouch today's top, and then possibly continue its way up still till Friday. 📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Long
by VirlVideo
1
SOLUSDTSubscribe and get a free trading strategy for Bitcoin and other instruments every day! Happy New Year and Merry Christmas my dear friends!🤑 Take a look at the chart, please! Solana is approaching the supply/demand zone, where we possibly will see a reaction. Maybe earlier because the RSI indicator is overbought already. But if we will see the price break that zone without any reaction, then the next target is $15.00. Be careful and smarter than you were yesterday!🧐 P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
by Anton_t_t_t_eng
9
Bitcoin Scalp Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will RISE from our current entry point. 📉 LONG - BTC : $16,965 📉 💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of $350 - minimum expectation $200. 🕰️ Duration of trade: we are expecting this to occur within 5 hours of this signal for the Min. Profit Target. Then we see this trade playing out till U.S. markets open Wednesday. 📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Long
by VirlVideo
1
BTC Next Halving ?Hello everyone, today I would like to share an idea about bitcoin next halving. Can we predict the next halving of bitcoin with the help of previous cycles? A bitcoin halving is scheduled to take place every 210,000 blocks. Three bitcoin halvings have already taken place, one in 2012, 2016, and the last halving in 2020. The bitcoin halving prediction shown above is for the next halving set to occur in 2024. The next bitcoin halving is scheduled to take place at block 840,000 which is predicted to be on Jun 30, 2024. At the bitcoin halving 2024, the bitcoin block reward is scheduled to drop from 6.25 bitcoin per block to 3.125 bitcoin per block. From a technical analysis point of view we could roughly estimate the next halving in August 2024. It is still a bit early to have a precise estimate, at the time of writing this idea we are on November 27, 2022, date at which the market has not yet reached its lowest point. We can see from past data that over the last twelve years August has been more often in the negative than in the positive. In the ten months preceding it, especially April 2024 and May 2024 could be conducive to a potential halving of 2024. The financial markets are cyclical, so there is a good chance that bitcoin will go up at some point, but since it is highly correlated to the S&P500 it could be in 1 month or 10 years. To guarantee that bitcoin could exceed its high would be completely absurd, given the short history we have of bitcoin, the very notion of halving is to be taken with a pinch of salt. Indeed it has only happened three times. The market is very young (less than 20 years) so it is very complicated to predict these cycles. In my opinion, in order to predict the next halving (and although according to me this notion of halving should be taken with a pinch of salt), we should wait to see where our next low will be. Depending on this, we could then observe whether the macroeconomic environment is evolving in a direction favourable to a next bull run. If the low point seems logical (around $12,000), that the environment is favourable to a new bull run and finally that a range break occurs from above $34,000 then it could seem interesting to invest in BTC to aim for $65,000 or even why not a new ATH. I would like to remind you that crypto-currencies are very risky and highly volatile investments. Therefore, for the majority of investors, they should represent less than 5% of their capital. THIS IS NOT INVESTMENT ADVICE. Written by @maxencechachuat on 27 November 2022.
INDEX:BTCUSDLong
by UnknownUnicorn46586981
6