Greetings Everyone, Today we are looking at Ripple's XRP. Ripple is one of the oldest crypto project and the only project which flipped ETH for second spot in crypto ranking in 2017 bull run and is the only one that came closest to flipping Bitcoin for first spot during the same time period. Although it was a very short period but it happened and it speaks...
All it took was some simple ratio analysis To long ETH and to realize that the ETF was priced in, with virtually no impact on the market. Well for now at least. Spot long, of-course. I don't trade, nor should 99.9% of people in this market environment. Wonder why hundreds of millions get liquidated every time and people still ape in, with leverage. They get...
CRYPTOCAP:ETH has been hovering around Major Resistance for some time and it has certainly held well. There's a tiny downtrend but this can easily be broken today & on HEAVY VOLUME. #ETH RSI & $ Flow are looking petty good, not bad at all. 1st target called long ago was 2300. Next target is the Gap fill and that sits around 25-2600. Then the final target...
Hello Family! 10th January of 2023. We are hours away from the Approval, delay or Rejection of the Bitcoin ETF. We need to be careful since the Bitcoin price still needs to confirm the 30-32k area as a SUPPORT. WE've done this in every Bitcoin cycle after we created a BOTTOM structure and going into a RETRACEMENT. We are in the biggest RETRACEMENT levels. This is...
CRYPTOCAP:BTC has hit the 1st 24 target. Volume has been a little mixed lately. Was more buying leading up to the last few days. #BTC RSI & $ Flow indicators are diverging. RSI holding 50 but going lower (middle). $ Flow above 0 going higher (middle). Weekly #Bitcoin trend has been strong. It has been overbought since October. Monthly Not overbought, that's...
Adoption: Institutions' Positive Sentiment Awaiting BTC ETFs Dear Esteemed Traders, One reason why Bitcoin price could go above $4600 in the next three months is the increasing institutional adoption of the cryptocurrency. According to a survey by Bitwise, almost 90% of financial advisors plan to buy Bitcoin after the approval of spot BTC ETFs. This could...
As you can see at the moment, The SEC underhandedness game just stumbled BTC price into the key resistance $48000. #BTC has been pumping since the last 3months but today, on the 1W chart, BTC has successfully mitigated the liquidity at $48000. IMHO, that may be the all time high price in 2024. Hence, price would consolidate for days and in fact, we can still...
Hello TradingView Family / Fellow Traders, In my latest analysis, BTC successfully surpassed the 45,000 resistance and traded higher. However, yesterday, BTC faced rejection at the 48,000 level and the upper boundary of the orange wedge pattern. Now, what's next? 📈 BTC is anticipated to remain bullish , and we anticipate a potential movement towards the...
CRYPTOCAP:BTC bounced off the support level and the bullish trendline. Bullish movement is expected to continue and test previous local hight at $47994
Here we are touched nicely by that FWB:48K zone that we have been telling you about and also which activated for us the third and last entry on our short position. We are now looking to see no more further growth here and more downward movement, for sure! As we mentioned already, we see that fake news we had was like a small test run. People have seen an...
I think ETHBTC has bottomed, if not will bottom this month. that in turn means that BTC.D has topped which means alts will have more legroom. Can go on binance and long the ETHBTC Perp in futures.. best average entry is .0513 with daily SSL (soft stop loss) on .04949 Could be more than a couple years until we see ETHBTC or BTC.D at these levels.
Trigger Warning: This video may offend those who are religiously dogmatic in their political affiliations. Do not watch if you prefer not to have your gods critiqued. I had just put out a video earlier this morning warning you all that the SEC and Gary Gensler may pull some tricks out of their hat. A few hours later, the SEC puts out a false tweet, liquidates...
As expected, Bitcoin is continueing the bull-trend, fueled by ETF optimism. However, with the whole market turning bullish, I'm taking a step back. My target for this move from 26k was 48k, as often mentioned in my analyses. It seems a matter of time before 48k will be hit, especially once the ETF actually get approved and traders market buy their way in with...
MARA working on an "inside day" candle after retracing and holding the 20 EMA. High risk high reward setup heading into potential BTC ETF approval tomorrow and as the range tightens. Stay safe. I'm in at $25.92
I don't know about you, but with all of the hype for the Bitcoin ETF going on, I am staying pretty cautious in the markets right now. Even though there are some big movements going in other altcoins, most eyes are watching good ole BTC. Nobody truly knows what is going to happen, there is a ton of speculation going on and the price action we are seeing is people...
Below the technical analysis of BINANCE:BTCUSDT Timeframe: 1 week The main supports and resistances are indicated in the idea. A trendline starts from the green support: if this were to be invalidated by touching 1500-1600, a negative scenario would open up in the short term for ethereum. The narratives on spot ETFs could help bitcoin rise towards the ath (and...
Below the technical analysis of BINANCE:ETHUSDT Timeframe: 1 week The main supports and resistances are indicated in the idea: the purple one is the most important. A trendline starts from the green support: if this were to be invalidated by touching 1500-1600, a negative scenario would open up in the short term for ethereum. The narratives on spot ETFs on eth...
so the spy had a strong push today and does not have any indication of stopping until the resistance area of 477. so i expect a good push upon open tommarro