CME: Micro BTC Futures ( CME:MBT1! ) Federal Reserve monetary policy is the dominant market mover across asset classes. Financial markets around the world rise and fall by any hint of the next policy move. Last Friday, US stocks jumped after a weak April jobs report boosted hopes that the Fed could start cutting interest rates soon. The Dow Jones Industrial...
Hello TradingView Family / Fellow Traders, 📦 This week, BTC confirmed the rejecting of the $60,000 support. 📈As long as the $60,000 support holds, I am expecting a continuation towards the next resistance at $70,000. 🏹 Then for the bulls to remain in control, and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH is now hovering around the $2900 - $3000 support. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in red is needed. In this case, a movement towards the upper orange trendline and blue structure at $3350 would be...
Hello TradingView Family / Fellow Traders, 🚀After a massive 108% surge, HBAR rejected the $0.15 - $0.17 resistance zone and is currently in a correction phase. HBAR is now approaching a strong demand zone marked in blue, so we expect the bulls to kick in soon, as long as the demand holds. 📈 For the bulls to take over again, we need a momentum candle close...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been stuck inside a range within the shape of a symmetrical triangle. Currently, BTC is in a correction phase, approaching the lower bound of the triangle. Moreover, it is retesting a strong support and round number $60,000. 🏹 Thus, the highlighted blue circle...
Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another...
Hello TradingView Family / Fellow Traders, 📦 Post-halving , BTC has been hovering within a big range between $60,000 support and $70,000 resistance. 📈 For the bulls to take full control again , and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed. 📉 In parallel, if the $60,000 support is broken downward, we...
Hello TradingView Family / Fellow Traders, BTC has been hovering within a big range between $60,000 support and $70,000 resistance. Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the $72,000 mark is needed. In this case, a movement towards the $80,000 resistance would be expected. 2️⃣ Bearish In parallel, if the $60,000...
Hello TradingView Family / Fellow Traders, For those who know me, it's clear I always like studying previous price action. "Know yourself, know your enemy. Many battles, many victories." ~ Sun Tzu I find the Bitcoin Daily Chart interesting. If we compare this impulse movement to the previous two, we can see that after 58 days, the correction starts, and it...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ATOM has been overall bullish, trading within the flat rising wedge pattern in black. Currently, ATOM is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong support and round number $10 in gray. 🏹 Thus, the highlighted...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 IDEA has been overall bullish , trading within the flat wedge pattern in orange. Currently, IDEA is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand zone $0.0026 - $0.003. 🏹 Thus, the highlighted blue circle is a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETH has been hovering with a range between $3000 and $3500. 📉 After breaking below the last major low at $3500, ETH has been bearish from a short-term perspective trading within the falling red channel. Moreover, the $3000 - $3100 is a strong support zone. 🏹 Thus, the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been hovering within a range in the shape of a symmetrical triangle. 📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective and approaching the lower bound of the triangle. Moreover, the 60k - 62k is a strong support...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 MPC has been overall bearish trading within the falling channel in red. 📦 Currently, MPC is hovering within an Accumulation Phase between $0.3 round number and $0.36 major high. 📈 For the MarkUp phase to start, shifting the momentum from bearish to bullish, a break...
BINANCE:SOLUSDT (4H CHART) Technical Analysis Update SOLUSDT is currently trading at $102 and showing overall bullish sentiment We have clear Flag pattern on the SOL 1D chart and currently we are seeing flag pattern breakout. If the price follows the flag pattern then next target for SOL is around 400 Entry level: $ 95-102 Stop loss level $70 Target 1: $...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 According to our last analysis (attached on the chart), BTC rejected the 60k-62k support and traded higher. What's next? 🏹For the bulls to remain in control and initiate the next impulse that will lead to movement up to 80k, a break above 70k is required. Meanwhile, as...
If you compare the previous tops towards the following bull-run there is an interesting pattern, and we're here right now. I suspect the bottom is near for this mid bull-run pullback! THIS IS NOT FINANCIAL ADVICE THOUGH ;)
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking below $70,000 , BTC started the bearish correction phase. As long as the $70,000 resistance holds, we anticipate a movement towards the lower bound of the red wedge pattern. Moreover, the $60,000 - $62,000 range is a massive support zone. 🏹 Thus, the...