BTC/USDT BINANCE 4H hollows A price rebound at the Golden Ratio of Fibonacci Retracement is expected, as it is the main Resistance Area. Sideways movement between Support & Resistance Area is expected until Monday. BTC = $16,855.78 +1.63% 13.32 ETH -2.47% Market Cap: $846,597,962,034 24h Vol: $82,580,266,331 Dominance: BTC: 38.2% ...
AS we all know later today we have dxy cpi news we have nothing to do with fundamentals what we can is waiting patientaly todays closing dxy recently breaks descending b wedge in daily tf (where lots of traders opened there positions ) they were fomo traders in my dairy lets have a look deeply in technical factors 1) dxy recently breaks descending...
Similar to Bitcoin, lots of alts showing the same pattern. Leaving the anger stage heading up for the last bear market rally before we hit full depression.
Breaking this curve could lead to a retest of 0.618 fib level + broken resistance that would act now as support - if we don't break it - we will go for a retest of last highs forming a double top or continuing the trend.
Still expeting DXY to be parabolic and keep the curve's pace. I don't see no reason for any correction so far.
In 1H TF Bitcoin is in BULLISH Market. Always give attention to Strong Levels and Important Zone
Big resistances are too strong of a magnet to get omitted - $120 is the previous big top - if we don't reach it out, it means it's gonna go passed it next time. Therefore possible double retest before small relief. Also remember we just broke a big weekly/monthly descending wedge. Dollar is going for the 160's in this bear market. Cheers!
...but it has been dancing below the curve - and now that it touched the green area - it is free to free-fall for some time and take a rest - this makes me bullish for stocks and crypto. Parabolic time has ended.
The theory is that the crypto market will bottom soon after the mid-term elections, assuming the FED might slower the pace of rate increases or stop them altogether.
So here it is - so far it is going for my bear market target. First we will attack the green area around 115$ and correct from it - and total target until 2024 should be all-time-highs at $150+. That's where we can focus on re-buying assets.
Welcome Hyperspace Travelers, The Quantum Codex reveals all. I am but a simple scrub swimming in a pool of knowledge. Quantum Formation: Star X1.10.10.00.11 This is a macro Time-Series on a 4-hour timeframe. Fractal Error Allowed: 7 days This is a extreme probability event in parallel of a domino effect. In my eyes at least.. Scaling of ghost fractal...
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. If you're following multiple markets you'll e aware that the Euro trades at a 2-Decade low against the dollar, and that the Dollar Index (DXY) is...
I don't think this level will break, but I will be monitoring price action around the 19,500 support area. Expecting a bounce off of the 2017 High. If it breaks, hold onto your hats. Not financial advice.
waiting for breakout small bear flag chart pattern, this will be seen more clearly on the 15m time frame and still wating for brekout big chanel chart pattern on the 1h anything can happen to the market, I don't want to take a big risk for this trade so I'm still waiting for confirmation (breakout) no matter where it moves #safeyourmoney
Looks literally same like scamp pump last week ... sunday dump till wednesday scam dump on cpi reports than pump all week ... next wendsday is fomc so i bet they will dumping it till fomc report and than scam pump .. there was also strong corelation with spx and they looks bit bearish (imgur.com) so theres a option btc will follow again .. also options for 29 july...
There is a divergence on the monthly frame on each of the indicators (RSI, CCI, HIST, MOM). Can we see a deep correction towards the Fibonacci 61 level or the end of the bearish trend to advance towards a new top? anything could happen.. What do you think?
FOLLOW ME FOR MORE UPDATES AND ANALYSIS, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. XRP is looking extremely bullish to me. Its been in the massive cup and handle formation for the past few years. The measured move would bring XRP to at least $40 and probably higher once the FOMO sets in. Also there is a Bull flag on the shorter term time frame that...