In this video I go over Pivot setup with some explanation
📈 Technical analysis BTC/USDT Bitcoin price has reached all targets from our previous review and set a new local high at $57,400. The driving force behind this growth impulse was the record inflow of funds into spot Bitcoin ETFs. Additionally, fundamental factors such as the upcoming halving and the rise of the US stock market in anticipation of the Fed's move...
This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀
Traders, notice the strength of momentum after the break.Bitcoin shoots to $60,000
🔍 Recent Developments: Overnight Rally: BTC has surged by nearly 12%, surpassing the $52,000 resistance level. Overbought Conditions: BTC is currently in an overbought state. 📉 Potential Scenarios: Retracement Support: If BTC retraces, the next support level is around $53,700. Further Upside: In case of continued upward movement and a break above $58,000, the...
As the crypto run continues to push up forcasting becomes far more challenging. Ranges become extremly large, moves become faster and larger and the only thing that can be done is react to local price action at significant points of interest in time and price. I have laid out several of these on the BTC daily chart BUT it is up to each individual to make there...
BTC was expected to correct from the 53K region instead made a huge breakout to 57K. Whales manipulating the market or heading for 60K? Looking at chart structure looks like bullish rectangle continuation pattern setup. Will wait for a retrace to 0.382 fib and take a long position from 53K . TP ? 58K.
This is my current short that I entered on BINGX, MEXC and phemex. My stop loss is above the wick at 57700. My entry is 57400 and some change at this current moment. I did get stopped out this morning on my last short at 57200, my stop loss was entry at entry making it a risk free trade, I was hoping to get down to the value area low but we were shy a few hundred...
Nice Pullback from Trend Flow cloud. Bulls are very strong. Now I expecting little consolidation for couple weeks and then again up.
Good morning world! This my possible swing short set up. A short from the .786 Fib retracement 57k is in my opinion going to be the strongest level of resistance. We could possibly start to put bear divs on the day higher time frames, with higher price action and lower momentum wave. I will be keep and eye on these time frames in case we start seeing these events...
Morning again fellas, Won't be longing until this happens. Here, I said it. Trade thirsty.
🚀 The Bitcoin surge to its all-time high continues unabated! 📈 However, looming above us like formidable titans are the 12-hour and weekly supply zones, the only resistance standing in our way. Yet, let's not forget Bitcoin's tendency to rally in its characteristic inefficient manner. This very inefficiency, while exhilarating on the upswing, may spell potential...
📉Hi Traders, Investors and Speculators of Charts📈 More and more institutional buyers have recently admitted to investing in BTC, as we see Grayscale and BlackRock (to name a few) all invest massive amounts into this digital currency. This could mean a few things for this bullish cycle, including: 📢 More reach (more retail investors) 📢 Higher market cap (more...
🚀 The Bitcoin surge to its all-time high continues unabated! 📈 However, looming above us like formidable titans are the 12-hour and weekly supply zones, the only resistance standing in our way. Yet, let's not forget Bitcoin's tendency to rally in its characteristic inefficient manner. This very inefficiency, while exhilarating on the upswing, may spell potential...
Let me explain what I think will potentially happen with bitcoin over the coming days Thanks for watching...
Crash or Retracement as per natural cycle? A cool down in most of indexes is required and similar situations are getting cleared gradually, that is the reason the Bitcoin rallied 42k to 57k in the current month only. But this retracement is not going to happen easily.
According to the data and the heavy volume of sales of whales, a heavy fall is predicted for Bitcoin, buy with caution.