Bear Flag formation on the daily as predicted ⚠️ Price heading near 52K🩸 Price moving as we predicted (blue line) Where are the bulls 🐂?👀
Simple trading - Head and shoulders I do not need to say much, BTC has broken below the head and shoulders neck line. SELL (entry6300) I would usually wait for a break and retest, but it's the weekend and BTC could drop in a couple of hours. Or it may hold above 63000 until tomorrow. USE STOPLOSS (63500)
This unique candle formation on the weekly TF appears to have occurred the previous 2 bull runs and this formation has just occurred again. Previous pattern overlay looks very promising for a run up to $100k based on the overlay of the previous bullrun.
The bearish basic trend is very strong on BITCOIN - BTC/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 59,101.97 USD. Crossing the first support at 56,647.22 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 55,575.35...
4H is swing bearish => current is pullback up We sell when the price increases to the OB block and there is a signal of CHOCH decreasing
Final correction before pump to 100k. You either believe or you don't, simple as.
Good Evening and I hope you are well. current market cycle: Trading Range or Bear Trend - it’s unclear right now key levels: 60000 - 67000 comment: Also another market right at the inflection point. If we break down from here, we are in my drawn W3 and if bulls manage to strongly break above 67000 again, we might see another 70000/71000 run. I do think...
This analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA...
BTC Performing before Halving 2024, with a great momentum. for right now BTC BINANCE:BTCUSDT got preasure sell from Public. Seems we will got a Restest before Bullrun Is Going up to this Season. cheers and stay humble :) Please comment your idea !! :D
Compare volume bars during the multi week downtrend on the left, with those on the right. In 2022 (left) the volume is increasing as expected during a strong downtrend. We don't see that on the right so something is different. Could be the new ETFs or the economy. It's also possible that this is not a downtrend, rather a typical (for BTC) pullback before...
The cryptocurrency trend was mixed over the past 24 hours ahead of the Federal Reserve’s interest rate decision tomorrow. The benchmark interest rate is expected to be left unchanged at 5.25 percent; a 23-year high. Investors will instead carefully analyze the wording about its future path. Some analysts expect three rate cuts later this year, while others...
Reading Market Structure & Price Action. Short term Bullish, then we ride Price down with the Bears, for Price to reverse & we ride the Bulls into All Time High's!!!! Ya heard it here 1st!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader...
It's just BTC, with a banger fractal. Manifest it... You'll get it.
As you can see market is creating divergence, which means UPSIDE movement.
The 59500 area has been tested multiple times. I believe we may go back higher from here, but what a coincidence - Its FED Day today !! however, until we get back above the angle 3, I would not play longs here. Please note TrapZone is Red with Red Bars below it, so keep an eye on the UMVD. Can you see a LAREGE CHANNEL ???
#BTC On this chart I highlighted important resistance levels to keep an eye on: 63096 66899 70033 Especially, we may see strong rejection from 63096$, there currently Daily 50 ema is crossing, + FVG levels on smaller timeframes are laying there.
Based off daily charts Looking to catch a reversal in the buy zone. Set up is forming, hopefully I can get an entry