Hello everyone, let's look at the 1H BTC to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $69,694 T2 = $69,974 AND T3 = $70,333 Now let's move on to the stop-loss in case of further market declines: SL1 = $69,278 SL2 = $69,014 AND SL3 = $68,554 Looking...
well I want to describe it what will happen to the BTC in next few months, very simple just follow the most obvious signs in the market .just hold the Bitcoin and sell it around 100 if you'd like to take a risk of trading Bitcoin.
after 2 test of ath and make a weak ath after 1 week we can see weekness of bullish trend i'm going to sell the high to the first level on near 52000$
As Bitcoin approaches the formidable $69,000 threshold , the all-time high acts as a static resistance level, a summit that bulls have yet to conquer. The chart illustrates this pivotal point with a thick red line, representing a ceiling that Bitcoin has tested but not breached. The tapestry of red and blue trend lines crisscrossing below the ATH serves as a...
Bitcoin is currently trading at $62,600, showing resilience with a moderate increase of 0.71% from the opening price. This uptrend is supported by a positive change from the previous day, reflected in the trading volume of 3.767K BTC. The market appears to be in a bullish phase, as suggested by the day-over-day increase, indicating sustained buyer interest. ...
Bitcoin is presently trading around its previous resistance level and has already surpassed its previous all-time high. This consolidation around the resistance zone is crucial for Bitcoin to gather enough energy to break out from the resistance. Once the price breaks out, I expect it to easily reach $75,000, then retrace back to support (the previous resistance...
Based on 1-hour analysis, the price appears primed for a short position. Upon breaking the internal structure to the downside, I anticipate a move upwards to sweep liquidity at the level of 69657.03. However, if the price fails to ascend beyond this level and instead establishes a new low, it will likely necessitate another liquidity sweep. In such a scenario, I...
After 1.5 years of straight selling, GMT has finally confirmed a change of the long-term trend. In my eyes, GMT is one of the better undervalued tokens on the market right now. It saw a huge move back in 2022, but lost around 95% of its value at some point. Relatively new token, so a lot of potential upside. Stop under the weekly swing low, target at the all-time high.
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to upward channel, where it at once rebounded from the support line and rose to the 59000 support level, which coincided with the buyer zone. In a short time later BTC broke the 59000 level and made a retest, after which it continued...
Before significant interest rate hikes, I have claimed that Bitcoin is decoupling from the rest economy (which probably happened). However, the effect of rising interest rates still had some power over the Bitcoin in the tank. It seems that this power of raising interest rates is diminishing for Bitcoin relative to the rest of the economy which will probably...
It is possible that BTC will go to 20 000 and maybe even below that, but chasing the bottom is not the smartest idea. This is the opportunity that we've been waiting for. Everyone wanted to buy BTC if only it was a little cheaper. Well, now it is, but everyone is scared :) The wise words of Peter Lynch are that NOBODY can predict the bottom, and nobody can...
This is simply ballistic. The major resistance before this move to all time high was 50k-52k region. The price shied away just a bit there before breaking that level and moving up.This itself tells the story of the strength of the moves in the past couple of weeks. The only resistance, which was left, was a weekly resistance at WR1 level but at those levels, its...
Once again this year, pros has done a good job, but its growth is probably just beginning. During the market pullback, the zone that remained without a retest was successfully tested, against the background of the news about the addition of a token to the margin in January, which created a very good entry point for the continuation of the medium-term trend. As I...
BTC shows historical 2 backgrounds return around these zones. Is BTC going to return for time 3? the most wait for the ATH, but it's possible that the trend can play before. ATH = psychologicaltarget. Is there a possibility that ATH can come? Yes, its possible, but same time also a high risk. We will follow the trend for confirmations.
BTC seems to have on low time frame and a breakdown trend confirmation. We will follow up to see if BTC is going to show some recovery trend on a daily low time frame. This update is only a day trend and can change with time when there are new confirmations. The weekend can have low volume, and from Sunday late there can be higher volume with the expected price...
Hello everyone. Timeframe 3 days. ENJUSDT is at strong support and has formed a triangle. The output can be strong. I am considering going long on a breakout/retest of a trend line. Marked goals and levels.
Alt dominance formed something that looks a lot like an HSi with a very small right shoulder, which broke above its neckline and successfully re-tested, confirming the pattern and targeting 16.6%. See the white drawn pattern and its white dashed neckline on the chart. The same area of breakout and re-test from the smaller white pattern is forming another...
I said in my previous BTCUSD post that I'll be looking for low term sells after the ATH inducement. It played out perfectly. But why? This is my view - The ATH was a massive liquidity pool. After collecting the orders and the liquidity it started big sell movements. Then out of FOMO people started selling because they thought they could "catch top". Twitter was...