I see two possible scenarios playing out: The Bullish Scenario The dominance goes lower and respects the current downtrend. This could either bounce off roughly 6% (this area has seen some interesting patterns in the chart) or just continue collapsing down. This would be bullish depending on if we don't have much trouble clearing the 5.8-6% range. The Bearish...
Gamercoin is gaining popularity, but the chart is not bullish yet. I marked a main trendline that need to be broken before looking for a long trade. Only if we can trade above this trendline we can expect a pump and a reclaim of the resistance area at $0.24
Telcoin Breakout from falling wadge pattern, one day Chart point at target 300% long term Telcoin Uses blockchain for transformative remittance services, reducing global wealth disparities. and its base on the Ethereum blockchain that will be distributed by your national telecom operator made available to everyone, anytime, anywhere.
According to the analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply. 💎 But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand. 💎 Currently, this...
The Dollar Index (DXY) is once again moving towards the critical level of 105. If it does not find support at this level, it could lead to a bearish trend on the daily timeframe. In this case, the stock market and Bitcoin would return to a bullish trend after a slight delay.
In the US, there were outflows from the spot Bitcoin exchange traded funds (ETFs) for the sixth consecutive day. “We have seen six consecutive days of outflows, and as the average entry price ($57,300) approaches the current spot price ($59,800), we will likely see more ETF unwinding. Since March 18, the ETFs have seen outflows on 58% of all trading days,” 10x...
Not to say I told you so, but, yeah, I did tell you all a while back when we broke previous all time highs that the 58K range for Bitcoin was still in play, and guess what happened? We hit it... Well, I didn't post that one on TV, so I may not have told you guys, lol, but it's on my other outlets. Okay so now that is all out of the way, let's talk about what...
Thanks for reading this update. BTC seems to enter an important breakdown trend where we expect that BTC has a high chance of falling to 56K, this can also happen unexpectedly with free fall volume as we have seen also before. BTC IS IN OVERFLOW VOLUME TREND.. Remember. No way is going directly to trend, BTC will play all possible trends to go to the goal....
Entry Point: Consider a long trade in THETA from the current support level, ranging between $1.88 - $2.00. Trade Parameters: Entry: $1.88 - $2.00. Take Profit: $2.45 - $2.63 or $3.10 - $3.30. Stop Loss: Just below $1.78. Risk Management: Implement a tight stop loss to mitigate potential losses. 📈 Trade Strategy Rationale: Anticipate potential upward movement in...
Bitcoin most probably ended its fourth wave correction after completing the third. It retraced to wave 4 target which is 0.382 TO 0.5 and also found support on the base channel from wave 1,2. From here I expect it to move to the upper targets for the bigger Wave 3. Right now the words on the street is that Bitcoin broke a very important support area. Where as the...
I am buying BTC at this level . If breaking trend line buying again at 50 <> 53 level . I am bullish ....
The cryptocurrency trend was sharply negative over the past 48 hours, triggering liquidations exceeding $500 million over the past two days. The price of Bitcoin fell below $57,000, to a two-month low, as the Federal Reserve slashed hopes of rate cuts any time soon. Inflation remains stuck at high levels, the Fed’s Chairman, Jerome Powell said, after keeping the...
there is a confluence of time and fib levels, the market will fall in 1-4 weeks. what will be the narrative ? idk , there is an Elliott wave count that says this is a major yearly high, but I don't want to believe it cause that would be catastrophic for the world, I hope it's just a pullback of 10-15%.
Hello Traders, Skyboxpips here! Previously we stated that Bitcoin may face sell pressure at the $70k level. Bitcoin is now in a retraction phase and is now below $60k at the time of the posting. For now, we will monitor shorts till technicals reveal a possible reversal.
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Dear Crypto Robbers, This is our master plan to Heist Bullish side of BCHUSD Bank. My dear Robbers U can enter at the any point above my entry area, The Heist was started at the Moving average Pullback Push. Our target is Red Zone that zone is Venomous Snake area Be careful and Be rich. Loot and escape near the target 🎯 Please Look at the plan carefully before...
DOGE reached its peak in wave 3 in May 2021 and likely hit the bottom of wave 4 in June 2022. However, due to the ongoing corrective downtrend, a reset in wave 4 might occur. The overall expectation is for an upcoming upward movement in wave 5. It is recommended to gradually enter positions at support levels and exit at resistance areas.
Yesterday's sharp selloff saw TOTAL market capitalization drop from $2.3T to $2.13T. Today's FOMC meeting could exacerbate downside pressure. Support Levels: Immediate support: Bottom of the current range at around $2.054T. Further support: $1.80T - $1.95T (daily 200 MA) if $2.054T is breached. Market Outlook: May historically experiences trading challenges,...