On this chart you see Bitcoin run against the DXY, which is the U.S. Dollar Index. On every single Bull Cycle, when the DXY forms a Channel Down, BTC rallies on its Cycle most aggressive part. The DXY is currently getting rejected on a Lower High, being inside a Channel Down since September 2022. This shows that we are again on that part of the Cycle when BTC...
The analysis presents BTC movement possibilities in the coming hours/days. Currently, the price is struggling to maintain resistance, after breaking above the downtrend line, a positive test of this resistance may result in a new wave of growth.
Bitcoin is overbought on all long term charts, even on the 1M (RSI = 76.950, MACD = 8398.200, ADX = 50.431). On the 2M chart is past a LMACD Bullish Cross that has been always formed during the past two Cycles before the parabolic rally of the Cycle. Historically the All Time High breaks shortly after the Bullish Cross. In 2020/21, the rally lasted for...
Thank you for reading this update. Depending on our study we see that BEL has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice #For Day traders take always profits when the market increase #Expect nothing from the markets, but follow what it shows.
Hello hello everyone, Long time no see. Its been a while since i've been doing updates but its good to be back again. We have some very interesting plays that we are ready for. Let's start with a few 1. #EURUSD - been in a very long range on the daily and what really caught my eye is the formation of a potential quasimodo pattern and a breakout to the upside....
CRYPTOCAP:BTC is currently breaking to the upside. #BTC RSI is very good, also breaking to the upside. Volume is the only thing lacking. What we just said for #Bitcoin also applies to $ETH. #ETH #ethereum
BINANCE:BTCUSDT duration Halving2024 entry level(Pitchfork Trigger line):71949 Target price Daily Chart TP1:75487(5% profit) (entry level:71949 ) TP2:82282(14.5% profit) (entry level:71949 )
Dear traders Contrary to popular belief that Bitcoin will stagnate in 2023 and grow spectacularly in 2024, the chart is behaving otherwise. In my opinion, when everyone expects a recession, Bitcoin will start to grow significantly and reach a new ATH price at about100k. Thus, the majority of people will wake up and start buying Cryptos at high prices, which is...
15 min chart idea for BTC if we noticed any false breakout to the area of 71-72 K it will be a great sign for the bigger scenario explained in the video in the related idea trade safe and follow me 😉
Hi all. Timeframe 1 week. NEOUSDT, after a decline, is in accumulation with increased volumes. Fractal of past decline and accumulation, and subsequent growth. I’m considering recruitment to the spot now, with a possible addition from the green zone. Also long during breakout/retest. Let me remind you that the entry at the retest is the safest, but it may not be...
In the coming weeks, MicroStrategy will suffer from the trend reversal in the crypto market and the decline in Bitcoin.
In the coming weeks, Galaxy Digital will suffer from the trend reversal in the crypto market and the decline in Bitcoin.
In the coming weeks, Coinbase will suffer from the trend reversal in the crypto market and the decline in Bitcoin.
Bitcoin is likely falling to the last support at $52k. This is healthy for the uptrend to continue as the excessive leverage and over confidence needs to be taken out, before trying for new highs. 52k is likely a good buying zone for an attempt at the newly formed downtrend line back up near where prices are currently (~65k). Good luck!
Hello,Traders! BITCOIN went further up Recently but the coin Will soon retest a horizontal Resistance level of 73,784$ Which also happens to be An all-time-high and from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
A symmetrical triangle is what I define as a diagonal pattern, meaning that the breakout is through a slanted line. A simple penetration of the upper boundary of a triangle is NOT a legitimate breakout. Only a close above the Mar 27 high with expanded volume should be considered as a breakout.
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