Greetings, We are excited to announce the commencement of coin analysis requests for the month of March 2024. Submission Deadline: March 7th, 2024 Guidelines: We kindly request that each member submits only ONE request. Please adhere to the specified format, such as ETHBTC, ETHUSDT, or ETHUSD, when specifying the coin ticker symbol or name. This will...
In my last bullish BTC analysis I wrote about the idea that a short-term bottom had been formed and that were likely to bounce from said area. As of today, this signal appears to be a great success. I also made a bearish signal recently, but that entry target had not been hit, so nothing lost. In this analysis I want to take a look at Bitcoin's next macro...
Greetings, savvy and affluent traders! Yesterday, BTCUSDT dipped just as we anticipated, now hovering around the $64,170 mark and still caught in a downtrend. The EMA lines 34 and 89 hint at further declines for BTCUSDT. We're continuing our sell strategy, eyeing a potential deeper fall if the solid support at $61,500 gives way. On the flip side, a significant...
BTCUSDT remains ensnared within a downtrend, trading at $65,580 today. The immediate resistance at $67,900 poses a significant barrier in the short term. Failure to surpass this threshold may lead to the formation of a double top pattern, making a sell strategy with a profit target of $61,800 advisable. However, should this resistance level be breached, it opens...
Bitcoin made a nice bounce from its H1 key level and now I'm watching for a pullback into the POI zone for continuation of the trend. Wait for confirmation on this zone and trade accordingly.
IF the low is in, buyers should defend the green left shoulder level. a H4 rejection would be a nice long signal closing below probably means we're going lower left shoulder = support/resistance that is broken twice, meaning BTC was bought back up after closing below the support due to an absent of buyers (bear trap, kind of) Its common for big players to let...
Hi. COINEX:BTCUSDT ✅Today, I want to analyze BTC for you in a Weekly time frame so that we can have a Short-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BTC has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to...
The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000. This is a large trading space that requires sufficient...
4h HUGE Divergence RSI BTC ! 59k FULL of LIQUIDITY that's a pump, just to make you belive it's gonna hit ATH ! 5m ! Divergence Confirmation. LETS GO BBY 59k !
Hello smart and wealthy traders, what do you think about BTCUSDT, bullish or bearish? In the short term, the price could correct, a false breakout could see the price fall sharply. In particular, maintenance will lead to price increases. Technically: EMA 34 is leaning towards a continued uptrend. Given the current scenario, I recommend prioritizing a buying...
Hello everyone, let's discuss and strategize for the new day with me! Just as I predicted yesterday, BTCUSDT experienced a strong price drop with the wave of DOW theory. It is currently range-bound after yesterday's sharp decline around 68,500- 62,000. Notably, the mentioned resistance at $68,500 is playing an important role in finding their new direction. It...
- crypto hype at its peak (euphoria) - F&G index in extreme greed - new ATH announced in mainstream media - too many winners in the market for months - vertical price rise since 40K - momentum indicators in overbought zone for weeks - several bearish divergences in TF4h - downward trend in recent days - the price action has broken its bullish oblique - the renewed...
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (1h) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 68810.0 ⭕️SL @ 66320.0 🔵TP1 @ 76500.0 🔵TP2 @ 80000.0 🔵TP3 @ 86000.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Many are getting excited again with the prospect of new highs right away - However I think we're in the process of a bull trap and will plunge down to 50k~ levels (maybe even worse) Overall I remain bullish and I expect if this plays out we will get 1 more high after it later in this year.
Looking forward for a short term fall on our 1hour time frame 💡
Support and resistance levels, the bedrock of technical analysis, are fundamental elements. They serve as critical points that delineate potential price movements and are pivotal in decision-making processes for traders and investors alike The basis: There are several fundamental concepts in trading that remain the same over a long period of time. Among them,...
hello everyone... I have seen a few analyses that suppose this pattern is a diverse pattern and the coin will dump soon! but if you see this perspective you recognize the neckline is on the bottom line of the ascending channel! I believe we should insist on a bullish trend unless the neckline and the bottom line of the channel will break down! so there is no...
BINANCE:BTCUSDT targeting 68K. Bitcoin's correction is going by trendline, it looks it is going to hit 68K once again.