#BTC in the bigger picture retesting the channel support which it has flipped successfully. If it holds this support get ready for new highs. It can also show some deviation around the support and then it can move back upwards. Otherwise, it will bleed
#TheCryptoCity #Crypto
Thank you for reading this update.
Depending on our study we see that LOOKS has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
BTCUSD formed a classic bullish pattern on a daily:
I see a completed ascending triangle formation.
37900 - 38500 is the neckline of the pattern.
If the price breaks and closes above that on a daily,
it will confirm the strength of the buyers.
A bullish movement will be anticipated to 40000 then.
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Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin,...
We may observe a Bullish Engulfing pattern on the Monthly timeframe suggesting the creation of a larger range. This range -->>
Monthly resistance 0.0415
Monhtly Support 0.0160
Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether,...
BTC has reached a crucial point in which candles appear to be failing around 35K. We must consider potential scenarios to begin the new month of November. In One of these scenarios we may anticpate a retracement to capture fomo liquidity. Fomo liquidity is psychological concept in trading that refers to the chasing of price.
New Monthly candle retracement for...
2 Consecutive Bullish Months in a row suggest buyers stepping in from the Lows created during Covid Crash at .0976. This crypto offers great Risk/reward back to All time highs at 3$. Catching 1/10 of that move would be great RR
At the psychological level of 2100, price does not show signs of breaking it and trending upwards. We notice this and can confirm it on the daily as clear as day. on the 4H we can see clear rejection towards the downside. At the same time we can see a trendline forming.I can see it clear as day that price will go down to 2000 easily before bouncing off the...
TRUU seems on a very interesting level for the next high break.
Showing high incoming volume.
Soon more.
For the day trading manage always risk.
Trading with not SL means not trading.
.1070 was the Monthly support level in February 2022. Price is currently bouncing off this level in October 2023 or 1.5 years later. CFX hit a low in December 2022 at 0.022.
A few updated price levels on AVAX, Incredible asset but has the potential for a breakdown below current levels, if it maintains (Which I think it will), we should see a rise to the outlined $28 region.
Refer to my previous CRYPTOCAP:AVAX post for more information.
Wide lens view of TOTAL3 crypto market cap. Looks to me as though we've flipped a key HTF level into support. If it holds I believe this will be the platform for a push up to $635b, provided the BTC narrative around ETF approval doesn't falter.
Bitcoin - CRYPTOCAP:BTC
Short term BTC Chart that's not really my style but I thought it was interesting.
We are on day 13 of being overbought on the RSI. In the 3 examples below, recent history suggests we can remain overbought in the RSI for 23-26 days on average (12th - 14th Nov)
Please recognize that in past bull markets the RSI remained oversold for...
