BTC has dropped over 10% in the last two days. In my eyes, the bottom could potentially be in based on the parallel channel drawn on the chart. Alts took another beating. If this reversal plays out both alts and BTC are in for a treat. For now, I expect a retest 67.500$. Stop below the recent swing-low and a target at the yellow top resistance.
After reaching an all-time high, Bitcoin has pulled back, and despite seeming bearish, the pullback has stopped at a fairly significant local support level. In addition, we have seen strength in Ethereum and many other cryptocurrencies during this pullback, and on the BTC chart we have formed two hammer candles and what appears to be a bullish engulfing candle...
QNT showing interesting volume against the BTC, and seems to have a new cycle volume, which could be confirmed soon. our expecting target is up $180
Correction in progress, macd reporting a new cycle but we knew this well. Now the thing to do is to wait and understand how long this correction will last, because there are still many buyers. The indicator here is drawing a high and agrees with the price, a signal that the bullish trend is very strong, this is in addition to the other bullish signals we have on...
Hello, dear friends! 🫶I'm so pleased to welcome You on my page! Bitcoin is currently undergoing a correction, so let's consider the options for how things will develop further!🧐 On the chart, You can see an upward channel - white color 🤍, the price exited it touching the level of $65,500 and then returned to the channel. This could mean two scenarios: 1️⃣...
- Only we can look at past to try predict the future. - Nothing is certain but death and taxes. Happy Tr4Ding !
Took a long here. Lets see where it goes from here. There is a support level down if it breaks down from here. If this fails, will take a long from there.
GOOD MORNING The CRYPTOCAP:BTC RSI is weakening further as it hits 74k. The closer it gets to 80-100k the more risk rises. #BTC is due for another correction/consolidation, IMO. #Bitcoin $ Flow is still decent so, IMO this is not the top. A)Shows RSI peaked & Selling begins to come in. EURONEXT:FLOW was NOT strong at all. B) Volume is light before picking...
Market Observation: SEI demonstrates resilience amid the current altcoin selloff, displaying relative strength compared to its peers. Trading Strategy: Entry Range: Consider entering the trade between $0.83 and $0.90, ensuring stability above support. Take Profit Levels: Target potential highs at $1.20 or $1.50, aiming for continuation into price discovery. Stop...
Current Status: BTC faced rejection near $73,000 and has initiated a corrective move, which is healthy after its rapid ascent in recent months. Key Support Levels: $65,000 $60,500 $56,500 Potential Scenario: This correction might unfold gradually over the next few weeks. Expect relief bounces amid the descent, during which altcoins could outperform BTC. 📊...
Hello everyone, let's look at the 1H CRO to USDT chart, we can see how an upward trend channel has currently formed, in which the price remains at the lower limit. Let's start by setting goals for the near future that we can include: T1 = $71,290 T2 = $74,725 T3 = $77,303 AND T4 = $80,413 Now let's move on to the stop-loss in case of further market declines: SL1...
Trade setup : Price is in an Uptrend. Price broke above SWB:69K -$70 resistance zone, making yet another new all-time-high (ATH) of $73,780, but failed to hold as investors chose to take some profit. There was also a bearish RSI Divergence as price made a Higher High but RSI made a Lower High, which implies less momentum strength on the most recent upswing. Now...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago fell to the buyer zone, which coincided with the support level, but at once rebounded and started to move up. But soon, BTC made a correction to the 61400 level and after this, the price made a strong upward impulse to 68500 points, but at...
Hello, how are you? I hope everything is well with you and you're ready to discuss the new Bitcoin price chart with me!🫶 The price has sharply broken new highs and is confidently moving forward.🚀 If we draw several trend lines on the current pricing, we can see that since February, the price has been moving within a rising wedge! Do you see it...
In the weekly time, a complex behavior and movements are forming in the ascending phase, which, according to the overall structure, is in the form of an ascent from the beginning of the movement. According to the bottom of the 0.10 range, a 5-wave structural correction has been formed and the upward movement has also gone through a complex cycle and completed this...
Hi folks today I'm prepared for you Bitcoin analytics. Some days ago BTC traded in the support zone, which coincided with the 51700 support level, and soon broke it and tried to rise, but failed and fell back to the zone. After this, the price little declined in the zone, after which BTC rose to the 51700 level, and at once rebounded down to the trend line. When...
even with this current correction LOOK at those two most recent Weekly candles Nice tails from beneath ... i.e it is being bought up Also very minuscule circulating supply If Gaming goes nuts this can be a four figure coin again.