Will this bullrun be formed out of a cup with handle breakout? If the price confirms the resistance at the current region, it could very well be the case. Cup and Handle identification analysis: • Price rises into the start of the cup - ✔ • The cup should be U-shaped, not V-shaped - ✔ • Cup rims should be near the same price level but be flexible - ✔ • A...
Structure has broken the wedge and now trending downward within the channel. So we see a decrease in transactional volume. It seems that a historical pattern is repeating itself from a previous cycle, mostly due to monetary policy involving an interest rate cut. if a similar scenario plays out, we might witness Bitcoin dropping to a low of 52000 "Thank you...
Btc is showing a potentiel (A)ccumulation (M)anipulation (D)istribution pattern also known as the "Power of three" which showed up in the beginning of 2024 causing us to hit a new ath. This pattern is based on a liquidity sweep on both sides, using fake breakouts/downs to liquidate both sides and open up enough liqiditie to fill up large positions. The last...
It appears that #BTC has broken out of its downward channel on the lower timeframe and is currently retesting it, showing signs of bouncing off. Our analysis suggests that we may see a bounce towards the next Fibonacci extension level of 1.618. Notably, this level aligns with a resistance line formed by previous highs. The question remains: will we break it? ...
As we impatiently await the bull run, even though it tries to confuse us but we can see the signs as price action demands that markets dont go in a straight direction, they meander but still go where the are supposed and crypto has a mind of it own and its never one minded like an octopus with 9 brains, lets hold thumbs and crypto...
AB=CD Harmonics Pattern in Bitcoin /USD defined entry ,stop loss and take profit on daily time frame
FTX customers to get money back: Lawyers for bankrupt crypto exchange FTX said customers will receive the funds lost when FTX went bankrupt in November 2022, plus interest. The payout will likely take months and still requires approval from a bankruptcy judge. Regulator cracks down on Robinhood: The SEC has issued a Wells Notice informing the crypto arm...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Updating how the trend moved along. View before and after. Smart Money volume is looking great. View STOCH RSI on a 4hr TF.
The early birds who've bagged profits have either cashed out or are gearing up to fund their summer adventures. #Pros tend to chill during the sunny season, leaving the retail crowd to ride the rollercoaster of price fluctuations. If you haven't offloaded your stash, sit tight, and consider Dollar Cost Averaging throughout the summer months. Time will tell if...
1 graph that says it all.. Bitcoin history and a blink for the future?
📈 🚀 BTCUSD Market Forecast: Bullish Reversal Underway! 🎯💼 Crypto Traders, big developments in BTCUSD: BINANCE:BTCUSD 🔄 Inverse Head & Shoulders Pattern: BTCUSD has formed an inverse head and shoulders pattern at the bottom of the downtrend, indicating a potential bullish reversal. 📈 Channel Breakout: The breakout from the downward channel was confirmed...
Bitcoin reached its all time high of $73,800 before experiencing a decline to the support range of $57,739-$56,132. However, it later increased by over 15%. The price is currently following a downward channel with no breakout yet. If it can break out and close above the channel resistance, it may reach the resistance level of $74,000 again. If the trend...
After a deeper corrective decline, Bitcoin ( CRYPTOCAP:BTC ) bounces strongly, suggesting that the correction may be over at the ideal 38,2% Fibonacci retracement near 56k support. A bullish continuation within wave could send the price back to all-time highs towards 75k-80k area, but short-term pullbacks should be noted. Bitcoin ( CRYPTOCAP:BTC ) price has been...
Short tem buy! I believe the deeper correction will come later, but 61900 to 68000 is a good opportunity, isn't it? #BUY #BUY #BUY
Analyzing the 200 SMA Strategy on the 15-Minute Chart In the current market scenario, the 200 Simple Moving Average (SMA) on the 15-minute timeframe is playing a pivotal role. It appears that this indicator is steering the market direction for now. Reflecting on last Monday, I successfully implemented a short strategy that hinged on this same SMA behavior, which...
Here is a blue box pointing out in different directions. Can go to the right, down, or up. So far trend is moving up. I’ve created this a while ago, I wanted to back test first. It’s working out. Anything I can do to help us, even those who don’t follow. Enjoy It’s only a 30min TF quick guidance for those who are thinking of entering the trade.