Bitcoin futures managed to fid support above $60k before snapping a 4-day losing streak. Bullish momentum increased from GETTEX:64K , and the move lower since appears to be corrective in nature against the strong rally from $64k. A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price...
While crypto is an emerging technology sector as a whole, it is important to remember that BTC is a maturing 13-year-old asset. Using a logarithmic chart of Bitcoin going back to the beginning, it is not hard to see the perfect curvature of price action as it searches for its fair market value. Simple line tool measurements of the time vs. price increase of each...
It’s been a while still on correction mode but soon we will see big drop with wave 3,possible sell areas draw with yellow lines please watch carefully then take a trade.
TP1 and TP2 already collected... small pullback (if) then back up... Under Entry, the trade will exit. MONSTER BOT — Today at 11:00 AM #SM.DUNZA-BTCUSD-30min #BYBIT #BTCUSD Close short position if opened. OPEN NEW/ADD TO LONG POSITION Enter around: 55481.5 TAKE PROFIT: 56369, 56868.5, 58089, 58866, 60419.5, STOPLOSS: 52152.61, We recommend moving stoploss...
Just some intraday analysis, insights and day trading the London session
on Daily: Ripple is formed a head and shoulders pattern, so we are waiting for a momentum break above its neckline in gray to buy this one long-term meanwhile, until the buy is activated, we would be overall bearish and looking for trend-following sell setups. so we are waiting for a third swing to form around our lower blue trendline to consider it valid and...
I am a writer and full-time entrepreneur in addition to trading crypto. One of the benefits in following a market that never closes - is that huge chunks of time in between trades are mine to do what I want with. Many of my businesses require the occasional bout of "hands on" management - usually this doesn't take a lot of time and I am able to focus on both...
BTC is on the verge of breaking north out of its bull flag. It has hit the bottom of the flag multiple times on the 1hr, and formed a nice bullish tweezer bottom reversal (red circle) on the 4hr with a bullish RSI of 64.
Hey Traders Missed my 7800 - 7900 by about 100$ ideally would have made me happier had we come down and seen a bigger jump, and its possilbe it may still play out with the elliot wave count in the 5th primary wave we are in, however, there are several other possibilites worth looking at playing out as well. To sum those up, we're at a point of APEX (critical...
• Current price of ETH is $797.00. • Resistance levels are lined up with fib retracement levels (both on macro and micro scales). • Ideal buy zone between $700 and $760. • Target sell #1: $1000 • Target sell #2: $1240 • Target sell #3: $1388 • MACD showing positive behavior on uptrend. As always, we recommend for every one to further expand their knowledge...
According my wave count, I believe primary wave has completed for BTC. The question now is whether or not a relatively shallow primary wave is complete, or will we see a more typical 50%-61.8% retracement in primary wave . On this chart, there is a bearish gartley hightlighted as well as an A=C target zone (see yellow rectangles). The key support line is...