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Today’s Crypto Market – From Ethereum Strength to ALTS Setup📅🔥 Today’s Crypto Market – From Ethereum Strength to ALTS Setup 🚀💡 In today’s market update video, we broke down what could be the critical handoff from Ethereum’s dominance to a broader ALT season. The sequence is clear: 1️⃣ Bitcoin led the way. 2️⃣ Ethereum took control, smashing through $4,100. 3️⃣ Altcoins now have the setup to run, with BTC dominance breaking lower. 🎯 Key Levels from Today’s Charts: Ethereum (ETH/USD) – $4,222 with breakout above $4,100.3; upside targets $4,420 – $4,800; supports at $4,005.9 and $3,789.6. Bitcoin (BTC/USD) – Breaking out from wedge at $117,500; supports $115,803 & $115,054; upside potential to $120K+ and $122,795.8. ARB/USDT – Rebound from $0.3784 aiming for $0.5380; key support $0.3500 and $0.2722. Cardano (ADA/USDT) – At $0.8131; resistance $1.1930, then $1.4757; support $0.6799, $0.4112. BTC Dominance – Breakdown under 60.80%, supports 58.34% & 56.91% — historically a strong trigger for ALT rallies. 📽️ Full breakdown and reasoning are in today’s video — we looked at why BTC dominance losing support is the green light for possible sector rotation, and which alts are primed. One Love, The FXPROFESSOR 💙
Long
by FX_Professor
2
ETH Swing Long Opportunity ETH Daily Recap & Game Plan – 20.08.2025 📊 Market Sentiment Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets. 📈 Technical Analysis Price has been climbing in recent weeks, and we are currently in a retracement phase along with global markets (NQ and ES). Price tapped into an untapped swing high, which is a strong zone I’m watching for reactions. Additionally, price reached the equilibrium level of the Fibonacci (0.5), which places it in discount territory for me. 📌 Setup Trigger The setup has already been triggered for me. A 1H demand zone formed right after the EQ level was tested, so I entered the trade. 📋 Trade Management Stoploss: 4035$ Targets: TP1: 4279$ TP2: 4672$ TP3: 4888$ (ATH) 💬 Like, follow, and comment if you find this setup valuable! ⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Long
by UA_CAPITAL
2
TradeCityPro | Bitcoin Daily Analysis #160👋 Welcome to TradeCity Pro! Let’s move on to analyzing Bitcoin. Today, Powell gave a speech that had a big impact on the market. Let’s see what the market will do next. ⏳ 4-Hour Timeframe Today, Jerome Powell delivered his speech at the Jackson Hole event and spoke about U.S. Federal Reserve policies. 🔔 His comments were in favor of the crypto market, raising expectations for an interest rate cut, and this caused Bitcoin to move upward. 🔍 As you can see, the current 4-hour candle is a very large green candle, and the price was supported by the zone we had marked. 📊 The buying volume that entered Bitcoin is very high, and the probability that the price ranges after this candle is high. ⚡️ Considering that we are close to the weekend, this ranging could continue until the weekly candle closes. 🚀 However, at the same time as this bullish candle in Bitcoin, its dominance dropped and declined. For this reason, altcoins like Ethereum moved upward even more strongly than Bitcoin. 📈 If the upward movement continues, we can use a candle setup or RSI entering the Overbuy zone as a long trigger. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Long
by tradecitypro
1
KERNELUSDT – Symmetrical Triangle Breakout!KERNELUSDT has been consolidating within a symmetrical triangle pattern on the daily chart, showing a battle between buyers and sellers after a strong uptrend. Recently, price has started breaking above the upper trendline, which could indicate the beginning of a fresh bullish move. Pattern: Symmetrical Triangle Entry Zone: Around current breakout levels (~0.24–0.25 USDT) Target Zone: $0.5 - $1.00 Stop-Loss: Below 0.19 USDT (recent support) Cheers Hexa
Long
by HexaTrades
XRP Game PlanXRP Game Plan 📊 Market Sentiment Market sentiment has slightly shifted as expectations for a 0.25 bps cut in September are no longer strongly priced in. Current probabilities still show around a 60% chance of easing, but overall, the market remains uncertain. This uncertainty has led to risk-off moves and sell-offs across multiple assets, starting with NQ and extending into crypto. 📈 Technical Analysis Price is retracing towards a higher timeframe (HTF) key support level. The main liquidity zone sits around $2.73, where I would expect a significant bounce. 📌 Game Plan I expect price to run into the $2.73 liquidity zone and close back above it. From there, I will look for price to reclaim the HTF key level as confirmation of bullish continuation. 🎯 Setup Trigger I will monitor the 4H market structure for confirmation before initiating a position. 📋 Trade Management Stoploss: 4H swing low confirming the BOS Targets: TP1: $3.14 TP2: $3.38 💬 Like, follow, and comment if you find this setup valuable! ⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Long
by UA_CAPITAL
3
Will BTCUSD Confirm a Double-Top Pattern?Fundamental approach: - Bitcoin prices declined amid a risk-off tone and sizeable spot ETF outflows following last week's post-record pullback and liquidation-driven volatility. - Selling pressure was reinforced by Tue's sharp net redemptions from US spot Bitcoin ETFs (about $523M), alongside broader crypto weakness early in the week; traders also positioned around macro risk with attention on policy signals from Jackson Hole. - Concurrently, recent rotations toward ETH products contrasted with BTC's softer demand profile in Aug, adding relative headwinds. - Ahead, BTC could remain sensitive to ETF flow trends and Fed communication. The persistent outflows and cautious risk sentiment may cap rebounds, while a flow stabilization could restore bid momentum. Technical approach: - BTCUSD broke the ascending trendline and was between both EMAs. The price is testing EMA78, which is in confluence with support at 112000. - If BTCUSD breaches the support below 112000 and the neckline of the double-top pattern, the price may plunge to the following support at 106200. - On the contrary, a close above 115000 may prompt a further retest of the broken descending trendline. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
Long
by DatTong
3
Mastering trendbreaks - How to trade it?In this guide will the trendbreaks be discussed. The following subjects will be explained: - What is a trend? - What is a bearish trendline break? - What is a bullish trendline break? - How to trade a trendbreak? - Example What is a trend? A trend is the backbone of price action in any market. It represents the general direction in which price is moving over a sustained period of time. When price is consistently creating higher highs and higher lows, the market is considered to be in an uptrend. This behavior shows that buyers are in control and are willing to keep paying higher prices with each wave. On the other hand, when price continues to make lower highs and lower lows, the market is in a downtrend. This shows that sellers dominate the market and buyers are unable to push price above previous levels. Understanding trends is essential because it gives traders a framework for anticipating what is most likely to happen next, rather than guessing in random price action. What is a bearish trendline break? A bearish trendline break takes place when an established uptrend begins to lose momentum. In an uptrend, price usually respects a rising trendline, bouncing off it multiple times as buyers defend the bullish structure. Eventually, there comes a point when the market can no longer sustain this strength. Price breaks down through the rising trendline, signaling potential weakness. However, the true confirmation of a bearish shift only happens once the market also breaks below the most recent higher low. This is the key moment where structure changes. What was once a sequence of higher highs and higher lows now transforms into lower highs and lower lows, showing that sellers are gaining control. Without this structural shift, the break of the trendline alone might just be a temporary pullback or a false signal. What is a bullish trendline break? A bullish trendline break is the mirror image. In a downtrend, price respects a falling trendline as it consistently makes lower highs and lower lows. Each rally upward fails to break past previous highs, confirming sellers’ control. Eventually, price surges and breaks above the falling trendline. Just like with a bearish break, this initial move is not enough on its own. The true sign of reversal comes when price also breaks above the most recent lower high. This action destroys the existing bearish structure, which relied on lower highs to remain valid. Once that lower high is broken, the market shows that buyers have taken back control and a potential uptrend may begin. How to trade a trendbreak? For a valid trendbreak, three conditions must come together. First, the price must break the trendline itself, either rising or falling depending on the direction of the trend. Secondly, the breakout needs to be with strong volume. lastly, the price must also break the most recent higher low in an uptrend or lower high in a downtrend. Without this structural break, what looks like a reversal may only be a correction before the market resumes in its original direction. This distinction is crucial because many traders enter too early on a simple trendline break, only to get caught when the market snaps back into the trend. The combination of both the trendline break and the structural break provides much stronger confirmation. Trading the trendbreak is where discipline and patience make the difference between success and failure. When the structure has been broken, it is tempting to enter immediately in the direction of the new move. But the higher-probability entry usually comes from waiting. Price often pulls back after a break, returning to retest the broken level. This retest can take different forms. Sometimes price simply returns to the broken higher low or lower high and uses it as support or resistance. Other times, price fills what traders call a fair value gap (fvg), which is an imbalance left on the chart when price moves too quickly in one direction without much trading in between. By waiting for this retest, a trader enters at a better price, with a tighter stop loss and greater profit potential. Example For example, imagine the market in an uptrend. Price respects a rising trendline until it finally breaks through it. Shortly after, the market breaks below the most recent higher low, confirming the bearish trendbreak. Instead of selling right at the break, the disciplined trader waits. Price pulls back upward to retest the broken higher low, which now acts as resistance. At that moment, the trader sells with a stop loss just above the retest level and targets the next support or previous swing low. This provides a controlled risk and larger potential reward. The same logic applies to a bullish trendbreak. Price in a downtrend breaks above the falling trendline, then pushes higher to break a lower high, flipping the structure bullish. Price later dips back down to retest the broken lower high or fills a fair value gap. When it holds and begins to rise again, the trader enters long, with a stop below the retest and a target at the next resistance level. By combining awareness of trendlines, structural shifts, and retest opportunities, traders can filter out false signals and position themselves to catch the early stages of new trends. The trendbreak is not just about spotting the first sign of weakness or strength, but about confirming that the underlying structure has truly changed. This approach gives a trader clarity, consistency, and confidence in execution, making trendbreaks one of the most powerful tools for price action trading. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
TRADENATION:BTCUSDEducation
by Youriverse
31
BCHUSD H4 | Bullish b ounce offBased on the H4 chart analysis, we can see that the price has bounced off the buy entry which is an overlap that aligns with the 61.8% Fibonacci retracement and could potentally riswe from this levl to the take profit. Buy entry is at 541.09, which is an overlap support that lines up with the 61.8% Fibonacci retracement. Stop loss is at 503.57, which is a pullback support that lines up with the 138.2% Fibonacci extension. Take profit is at 589.33, whic is a pullback resistance that is slightly below the 61.8% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:BCHUSDLong
by Tradu
EOSUSD H4 | Bearish reversal off pullback resistanceBased on the H4 chart analysis, we could see the price rise to the sell entry which is a pullback resistance that is slightly belowthe 38.2% Fibonacci retracement and could reverse from this level to the downside. Sell entry is at 0.5077, which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement. Stop loss is at 0.5579, which is a swing high reistance. Take profit is at 0.4589, which is a multi swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:EOSUSDShort
by Tradu
BITCOIN H4 | Potential bearish reversalBased on thee H4 chart analysis,we could see the price rise to the sell entry at 115,666.35, which is a pullbck eistance that is slightly above the 23.6% Fibonacci retracement and could reverse from this level to the take profit. Stop los is at 118,717.95, which is a pullback resistanc that lines up with the 50% Fibonacci retracement. Take profit is at 110,541.22, which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:BTCUSDShort
by Tradu
1
NYSE - Short | Disaster ImminentStocks continue to struggle, as economic reality rapidly sets in. Of all the indexes, the NYA (NYSE) is the most telling, in my view. To that end, I really don't have much to say, other than this is a beautiful bearish formation, with the economic backdrop to support a short-thesis. Bank losses are beyond anything this world has ever seen, credit defaults are skyrocketing (and holding new highs), bankruptcies have surpassed covid levels, crypto fraud is completely out of control, and wars are raging on 3 continents. The only question now is how deep will it go and how quickly will / to what extent will the federal government intervene? Expect a couple years of deterioration to the downside. Good luck and godspeed!
TVC:NYAShort
by ChiefMacro
2
ZECUSDT Daily Chart Analysis | Symmetrical Triangle BO WatchZECUSDT Daily Chart Analysis | Symmetrical Triangle Breakout Watch 🔍 Let’s dissect the ZEC/USDT daily chart, where price action is nearing a pivotal breakout from a symmetrical triangle—often a precursor to major moves when combined with rising volume. ⏳ Daily Chart Overview Zcash has been consolidating over recent weeks, forming a clear symmetrical triangle pattern bounded by converging trendlines. This pattern, characterized by lower highs and higher lows, signals that volatility is being compressed and a decisive breakout may be imminent. 🔺 Long Setup: A daily close above the $45.50 resistance, especially with strong volume, will act as a “safe trigger” and confirm breakout validity. If bulls take charge here, the next upside objectives are $55.00 followed by $73.55. Watch for volume confirmation, ideally on a 4H candle close above resistance, to further add confidence to the breakout. 📊 Key Highlights: - Symmetrical triangle pattern shows growing pressure for a directional move. - Recent price tested triangle resistance; a close above $45.50 is the bullish trigger. - Upside targets post-breakout are $55.00 and $73.55, provided volume supports the move. - Volume spike serves as crucial confirmation—don’t chase without it. 🚨 Conclusion: ZEC is coiling within a symmetrical triangle, setting the stage for potential breakout action. Bulls are watching $45.50 for a clean breakout trigger, eyeing $55 and $73.55 as next targets. Always wait for strong volume and confirmed closes before acting—symmetrical triangles can break both ways if conviction is lacking.
Long
by AtresCryptoAcademy
TradeCityPro | Bitcoin Daily Analysis #159👋 Welcome to TradeCity Pro! Let’s dive into the Bitcoin analysis. Today, Bitcoin is sitting right on a very important support level. Let’s see what could happen in the market. ⏳ 4-Hour Timeframe Today, I removed the old range we had on Bitcoin and added a support zone around 112000. ✔️ The reason for removing the old range was that the price had broken through it several times, both from above and below, so it could no longer be considered a Maker Buyer or Maker Seller zone. 🔔 The new zone I drew is a very strong support, and right now the price is fluctuating inside it. ✨ The 114790 trigger is a good entry signal for a long position, confirming that the price has been supported by the Maker Buyer zone. The important resistance levels above are at 116829 and 119096. 💥 If the 112233 level breaks, a sharp bearish leg could occur. But in my view, it is unlikely to happen today. If it does, it will probably come after Powell’s speech tomorrow. 🧩 Breaking the 30 level on RSI is still the momentum trigger for Bitcoin. If it enters the oversold zone, Bitcoin’s momentum will turn bearish, and the RSI could move down toward 24.60. 🔍 For today and tomorrow, I prefer not to open any new positions and wait until Powell’s speech at the Jackson Hole event to see when the market chooses its direction. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Long
by tradecitypro
3
BTC Game PlanBTC Game Plan 📊 Market Sentiment Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets. 📈 Technical Analysis Price is currently retracing lower after printing new all-time highs. It is moving toward the 112,000$ level, which contains significant liquidity. Therefore, I expect a strong bounce from that zone. Additionally, price is approaching the equilibrium level (0.5 Fibonacci), which represents a discount for me. 📌 Game Plan I expect price to retrace to the 111,316$ level and bounce from there. 🎯 Setup Trigger I will be watching the 4H market structure for confirmation before initiating a position. 📋 Trade Management Stoploss: 4H swing low confirming the BOS Targets: TP1: 118,446$ TP2: 124,351$ 💬 Like, follow, and comment if you find this setup valuable! ⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Long
by UA_CAPITAL
3
TradeCityPro | CRV: Key Support Test in DeFi Token👋 Welcome to TradeCity Pro! In this analysis, I want to review the CRV coin for you. It is one of the DeFi projects under Ethereum with a market cap of 1.17 billion dollars, currently ranked 72 on CoinMarketCap. 📅 Daily Timeframe In the daily timeframe, CRV has a very important support zone, and right now the price is trading near this area. ✔️ The overall trend of CRV can currently be considered bullish because the main highs and lows it has formed are higher highs and higher lows, and at the moment, the price is in the corrective phase of this trend. ⚡️ If the support zone is broken, this corrective phase will deepen, and the price could move toward lower levels. The main supports for this coin in the daily timeframe are 0.497 and 0.349. 💥 Considering the ongoing bullish trend, long positions are currently more logical. If CRV gets supported at this zone, we can look for triggers in lower timeframes to open positions. 📈 The main triggers for long positions on this coin are the breakouts of 1.086 and 1.2502. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
2
BTC at the bottom of GTF range🎯 Key Levels to Watch: • Above: 114150 / 115700 / 116455 • Below: 112300 / 111850 / 110653 🔥 BTC Liquidation Heatmap: • Above: 114957 / 116098 / 116953 • Below: 112866 / 112201 / 110061 Liquidity pool under 111850 remains major magnet for the price. Will it be wiped out or not, no one knows for sure, but chances are very high. Especially since stocks took a hit yesterday. So either BTC dips and pumps back up fast, or that can turn into full scale correction down to 109k at least. Developing quarter VWAP and Daily 20sma now form the strongest resistance on the way from 116010 to 116455 (values are approximate). ⏰ TG alarms set for: 111850, 110432, dev Quarter VWAP/VAH & Day 20-sma
by WiseAnalyze
3
Potential bearish reversal?The Bitcoin (BTC/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support, which is a multi swing low support. Pivot: 116,456.65 1st Support: 112,346.982 1st Resistance: 118,969.64 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:BTCUSDShort
by ICmarkets
1