Next Resistance Level - 125 Next Support Level - 107 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...
GM, BTC is starting to pump little by little this morning after a bearish close on the 19th. On the daily timeframe, the stoch RSI is still in the oversold zone, while the fear and greed index has dropped back to 60 from yesterday's 64, but it remains in the greed condition. On the H4 timeframe, I see potential for testing around 66K, as mentioned in yesterday's...
GM crypto bro's, the candle on the 18th finally entered the orange zone area at 64865 - 63261 as I mentioned before. The stoch RSI remains in the oversold area, and the fear and greed index has dropped significantly from 71 to 64. Currently, BTC has the potential to pump up to 66K on the H4 timeframe, while on the daily it might reclaim the 68K area. But since we...
GM, the market has seen a significant correction today, including BTC. This morning, the fear and greed index is at 74 (greed), up from yesterday's 71. Meanwhile, the stoch RSI remains in the oversold area. Overall, the outlook remains the same as yesterday: there's still a probability of a dump into the 64865 - 63261 area, but always remember, the market is...
GM, this morning BTC is still showing low volume and is bearish on the H4 timeframe. The fear and greed index remains at 71 (greed), while the stoch RSI is still in the oversold area. My personal opinion remains the same as yesterday's: there may be a dump into the orange zone area at 64865 - 63261, followed by a pump breaking through the yellow zone towards the...
GM, as usual, the market this weekend tends to have low volume. The stoch RSI is still in the oversold area, and the fear and greed index has decreased to 71 but remains in the greed zone. Technically, there's still a possibility for the price to dump into the orange zone area at 64865 - 63261, as mentioned before. Again, don't be FOMO, stay safe, keep calm,...
GM crypto bro's, sorry for no BTC update on the 14th due to busy real-life work. Alright, continuing with BTC, this morning it's still quite bearish. Yesterday's candle on the 14th was strongly bearish and almost entered the orange zone area at 64865 - 63261. However, the fear and greed index is at 74 (greed), while the stoch RSI has entered the oversold...
GM crypto bro's, this morning's BTC close on the 12th was quite bullish but also faced significant rejection. From a technical analysis perspective, the stoch RSI has touched the oversold area, while the fear and greed index has decreased from 72 to 70. However, the fear and greed index status is still in the greed zone, indicating a big possibility for BTC to be...
GM, BTC's price really dropped as I warned days ago. The stoch RSI is dropping deeper and entering the oversold area, but the fear and greed index is still at 72 (greed). My personal outlook is that there might be one more drop for BTC because the double top is valid. The potential drop target is around 64865 - 63261. If the fear and greed index drops from greed...
GM, BTC is still trending sideways today. The fear and greed index is currently at 74, up from yesterday's 72, while the stoch RSI has declined but hasn't yet entered the oversold area. BTC's price appears to be forming a double top pattern as mentioned yesterday. However, from another perspective, BTC also shows signs of forming a cup and handle pattern, which...
The Paris Stock Exchange is expected to open lower on Monday following the European elections, which have raised concerns about the political landscape in Europe. The CAC 40 futures dropped 76.5 points to 7925 points at around 8:15 am, indicating a session start in the red. Markets are reacting to the rise of nationalist parties and French President Emmanuel...
GM crypto bro's, the weekend is over, it's time to battle in the market again. The candle close on the 9th was slightly bullish, but if the price still can't break through 71800++, the double top pattern continues to threaten BTC with a deeper drop. The stoch RSI this morning is approaching the oversold area, and the fear and greed index has started to drop to 72...
GM, the weekend market today tends to be low volume. This morning, the stoch RSI is starting to head towards the oversold area, while the fear and greed index is at 75, indicating greed. Looking at the daily timeframe, there is potential for BTC to form a double top pattern. If this pattern is valid, it could lead to a correction down to the orange zone at 64846...
GM, the candle close on the 7th this morning was quite strong bearish, plus we've entered the weekend where the market tends to be low volume. The stoch RSI has started to drop from the overbought area on the daily timeframe, and the fear and greed index is currently at 72, indicating greed. My personal outlook for BTC shows potential for another drop, maybe...
Trend line resistance and supports provided are working very well as shown in the chart. It will give confidence in investing as need to know how much it will fall or vice versa.
GM, crypto bros. As mentioned yesterday, BTC will likely move sideways. Technical analysis is showing price rejection over the past two days, and it's common for market volume to be low during weekends, leading to sideways movement. So, where is BTC heading? Looking at the fear and greed index, we're still in the extreme greed zone, while the stoch RSI has...
GM, crypto bros. Yesterday's candle close on the 5th was still quite bullish, but there is some price rejection around 71800. Maybe today we'll see a bit of a correction. The stoch RSI on the daily timeframe is starting to enter the overbought area, indicating a possibility for BTC to correct. The fear and greed index is at 78, extreme greed, increasing the...
Current Situation: Yesterday, Bitcoin saw a 4% move to the upside, igniting the rest of the market. If this trend continues, we could be in for a very strong month. Resistance Levels: Major Resistance: $72,000 (bottom of the range area acting as major resistance) All-Time High: $73,800 Next Resistance: $76,000 Market Dynamics: Short Squeeze Potential: Many...