For the 9th time my ever-important multi-year support/resistance trend-line from 2019 has been broken to the down side, but still with no confirmation. Will this time be different? We won't know until tomorrow's candle close on the daily but after all these head fakes I wouldn't be surprised if this is yet another one. 59,300 is key support for Bitcoin rn. Watch...
hello guys... do you think it is a crown pattern?! I know the D and F waves didn’t finish at the same level, but I suppose we can ignore it! if it is this pattern we can assume this coin wanna touch the 52k area! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer...
BTC has staged an impressive rally, surging by approximately 80% since the validation of the ETF. There have been few notable obstacles along the way. Currently, BTC prices are confronting a significant juncture, encountering monthly resistance. Historically, BTC has been rejected at this level twice before, once in May 2021 and again in November 2021. The...
After this perfect retest of both the descending triangle and the support line, I expect a nice move up! #DYOR
#BTCUSDT 1D After its 12% drop in the last two days, Bitcoin has seen a significant price drop to $56,500. After hitting its new ceiling on March 14, it entered the downward channel and even this selling pressure increased after the halving. Considering that from The floor of the price channel has gone down and the possibility of going down is open. Tonight at...
BTC possible movement towards $55k zone before continuing it is own rally, which will allow alts to make some moves. On the long-term view, BTC peak end 2025/early 2026 could reach around $900k
We were watching a falling wedge on declining volume and anticipating a move to 66.5k. We got the breakout, had a nice spike in buy volume, made a uptrend high, and got to 65k. It was looking really good actually until it got rug pulled. This invalidated the setup and I don't see a new setup atm. I've been watching all this as a massive consolidation for...
BTCUSD is clearing its way for bullish to reach $73000.00. BITSTAMP:BTCUSD BTCUSD is expected to reach $73000.00 as per the technical analysis for BTCUSD Futures Contract (May 2024) and Bitcoin (BITSTAMP:BTCUSD) as of May 1, 2024. The analysis uses indicators such as Moving Averages, Oscillators, and Pivots. Key indicators include Relative Strength Index...
Since the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There...
BTC in the short term I think BTC will make a retest of the 63k to then start gaining some momentum to the upside around 69-73k, I think it will reject at around 73k but anything could happen, this is the market after all, I would like to see BTC breaking above, but we are yet to see how it will behave when it start reaching those levels, we will see when we get...
This is a continuation of my previous Charts, I think BTC will visit the 61-62k again for a liquidity grab and stop loses hunt as stated in my previous chart: after the liquidity grab I am expecting BTC to retry the 70-73k line, If too many people open shorts at 70-73k then I would expect another Higher High at around 78-80k
Currently, crypto market users are divided into two camps: 1️⃣ - to the mooon with the first stop at 100k and 2️⃣ - the beginning of a correction to at least 50k. Two ultra-radical camps that will find 101 reasons why it should be exactly as they "want and expect" and not otherwise. On the #BTCUSDT chart, we have copied and displayed the fractal of #Bitcoin...
BTC continues its saga. I believe this is a corrective saga. Being corrective, I believe that the end to this saga is the attempt to have a beautiful bullish rally soon. The FED could help with this "rally". What a thing, right? Monthly bias there is no change in strength, therefore the SETUP used still points to the bulls in the direction of this chart time. On...
The recent volatility in the cryptocurrency market has caught the attention of traders worldwide. Bitcoin (BTC) has been on a rollercoaster ride, and now there’s a possibility of a pullback. Let’s delve into the details: Technical Analysis: BTCUSD is currently trading around the EMA 34 and 89 lines, hovering near the $63,790 mark. The daily chart reveals a pattern...
In this technical forecast, we delve into the darker recesses of Bitcoin's potential price journey. We observe a concerning configuration on the BTCUSD chart where the currency is currently grappling with critical support levels. Current Dynamics: The price has recently retracted from a peak, teasing the possibility of a significant downtrend. A descending...
BTC Came into Support Zone, which was marked in March 2024. Let's see IF we bounce from there. Note: May 1st - FOMC
I've been in doom mode for quite a while now. But bear market rallies are the best :D Usually they are fast and aggressive. So here is a level of interest for me. I'll be watching it on LTFs for a trade decision.
Nice to meet you. SEOVERIGN - This is SeoVerign. Solana was also on board with the recent rally in Bitcoin. Solana showed a good potential compared to other alt and succeeded in a pretty significant rise. According to our analysis, Solana's high rise is now over and it is predicted to start falling. The rationale is in the Eliot wave, and all five waves are in...