BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...
Long BTCUSDT, 4H entry 60941.23 sl 60150.00 tp scalp 62464.90 tp1 64075.29 tp2 65881.57 move sl to entry after price reach 62464.90 ; price shouldn't retest entry again. BINANCE:BTCUSDT BINANCE:BTCUSDT.P CRYPTO:BTCUSD
Let me show you this very simple signal, it shows where Bitcoin is headed next. ➖ We are looking at the 1H time frame; notice the volume. Each time there is a volume breakout, it ends up being a bearish move. This indicates that the bias is bearish and thus lower prices. ➖ The downtrend confirms the volume signal. Where are the bulls? The chart can always...
Hi all. I see a small correction comming. BTC is in a short term downtrend channel. Now trading at the top of it with some rejections. We see lower highs and lower lows. The green candle on 3 may is not really backed up by volume. Red candles have more volume. 3 days of rejections arround resistance at 64.300 I think we need to test the 0.618 Fib and see from...
Currently, I expect the price to correct to $53,000. If the price breaks the specified resistance ($67,420), the price will enter the bullish phase with a target of $86,000.
Asset: Bitcoin BYBIT:BTCUSDT.P Timeframe: 4-hour Context: Bitcoin has been ranging around key level of 63179, between two Weekly Open-Close levels at 69104 and 56261. HTF At 1D it's going down a descending channel after it closed below the 50% of the 1D FVG and is currently retesting that level LTF It just broke a descending triangle pattern...
We were bullish last week and we saw price tried to rally up after it got to the FVG we talked about last week but failed and price fell hard last week Friday. We are neutral on the Bitcoin for the week ahead. We will wait for the bitcoin to give us more price action that will help us to see what price will reach for next.
Let's dive into the 4-hour chart for BTC/USDT to extract insights and devise a potential trading strategy based on the observed technical data. Key Resistance and Support Levels: Resistance 1 (R1): $59,357.32 - This level is acting as the immediate ceiling for price actions, which if broken, could indicate increased buying momentum. Resistance 2 (R2): $67,373.58...
Thinking about short-term Bitcoin shorts? Better make sure your strategy isn't shorter than a TikTok video. Remember, in the world of crypto, prices can be as unpredictable as the weather in spring - one minute it's sunny, the next, you're caught in a storm. So, tread carefully, or you might end up feeling like you've been bitten by a byte!
BTC - Trading in bullish pennant !! Break out ! (Bears rekt)
Just checked BTC and ETH again and escpecially ETH is playing out like wanted. The strenght over the last days was nothing not to note but we said it in our last report, we need to flip 64,2k on BTC and 3200$ on ETH to remain bullish in the long term. On BTC we are back to exactly 64,2k where we rejected multiple times now throughout the last weeks and on ETH we...
Logarithm. Time frame 3 days. Rising channel. The chart shows key support/resistance levels for working in a local trend. Code zone 273 or synchronization specifically with the price of $ 27,3 00—this is the main key break zone of the downward trend. We are now in the zone of the previous distribution of the 2020-2021 cycle. Scale for understanding.
sundays are boring without market, but im spotting this good candles on 1h pehaps btc bulls are doing something. Because compared to lazy bulls on nasdaq well... hahahahaha
The last day saw a moderate decrease in Bitcoin’s price by 0.44%, signaling a consolidation period post-halving. Trading volume stands at 308K; the context of whether this volume signifies a decrease or increase in trader activity could add significant color to current market sentiment. The price is currently trending below the simple moving average (SMA) of...
hello guys... I think the main trend still is bearish due to the last move! the 50% of the last downward movement seems an interesting area to get a short position until the price touches the 59k area! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎...
In the current market environment, a fascinating "cup and handle" pattern has emerged on the daily chart, presenting a potentially lucrative trading opportunity. This analysis aims to delineate the characteristics of the pattern, its implications, and a strategic approach for capitalizing on it. **Pattern Depth and Formation**: The "cup" portion of the pattern...
Hello dear friends, I hope you're all well. I'm currently working on refining my strategy. I want to remind myself and all newcomers of some key points. We all have some bad habits that need correcting to succeed in the financial market. For example, the fear of missing out(FOMO) on market movements is common. In my opinion, there are two types of FOMO: one...