I think we are seeing an opportunity for entry around the 200 Ema for the big Crypto's BTC, ETH, SOL. This is the flush, an ideal time to hop in and buy, since these areas are generally where markets will bounce back higher. Don't panic and buy before the next leg up.
Hello, traders and investors!🫶 I'm glad to welcome You to my page! Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see...
I've been doing running updates on BTC since I declared my last attempt to short fairly close to the high. Read these in the post below. The conditions for a break now look much more likely. Here's a series of things suggesting BTC will now see at least 40K. Click on each of the below for more info: The Heiken Ashi trend has continued to develop. We've...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq index release today. MACD dead cross was engraved on the weekly chart. Nasdaq also seems to be in a...
We expect the Bitcoin price to drop to the lowest channel line. This is due to the descending channel, and the price is repeatedly failing to break above the upper side of the channel line.
Current Landscape: Bitcoin's recent trading activity presents a confluence of indicators suggestive of market hesitation, with a current market valuation at approximately $63,950 USD. Amidst a broader bullish trend over the last quarter, recent weeks reveal a consolidation phase with a slight bearish tilt, reflecting a 1.44% retracement over the past week and a...
#Wyckoff #TrendAnalysis #BTCForecast BTCUSD is currently in Phase A of of local re-accumulation trading range. Looking to initiate long position in Phase D of the current active range. The location of the price is the first pullback / test of the spring in Phase C of the greater trading range. I would like price to washout and test the spring with a deep...
Very important levels 63 and 67K I would more pay attention at 67K level. If #BTC manages to have W close above 67K, that will mean that uptrend continues, and probably we will the PA as on the chart. Keeping an eye and trading according to RM :)
BTCUSD facing two support line, the 2 lines are reaching together almost exactly where we are , the questions is will it hold? it can be a buying opportunity if they can hold BTCD from falling ...we will find out soon :)
Price is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 61939.30 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 63139.51 Why we like it: There is a pullback resistance...
Today guys, update is very short. This is the only picture that we need for now, although we cold find more bearish signs on higher time frames as well. Despite that BTC has tried to show couple of pullbacks up from our 62-62.5K area - reverse H&S has not been formed. Other words, market was not able to confirm bullish reversal and other bullish patterns that we...
A bullish cup and handle pattern is a technical analysis pattern used by traders to identify potential bullish trends in the price of a security, typically a stock. The pattern resembles the shape of a tea cup with a handle, hence its name. Here's how it generally forms: 1. **Cup Formation**: The price initially forms a rounded bottom, resembling the shape of a...
ORDER BLOCKS are great poi's if you how to use them. Make use of a HTF and draw on liquidity/
I am bullish on Bitcoin here, mostly because the market has absorbed a lot of ETF outflows and has not gone much lower. I see that the Coinbase premium is increasing. Bitcoin looks good here. It is low enough that it makes sense to buy from a risk / reward analysis as well.
CRYPTOCAP:BTC price action is currently consolidating in a Pennant Pattern.. Whether this Pennant is bullish or Bearish remains to be seen! Current Price: 64100 The Bitcoin Price has been consolidating btw a high of 73000 and a low of about 60000 for over 2months. Decision time is near! $Bitcoin price action needs to remain supported above 60k to go back to all...
If you've been in the world of trading for a while you would've come across the heated tight SL vs Loose SL debate. Unfortunately most traders don't know where to correctly set either In this vid we cover that as well as the topics: > quick intro to prop firms > how to restructure a condensed market > other stuff
& correct around $25,000? What does you think? Comment below!
15 minute chart looks structurally like an accumulation, there are 4 signs of strength (joc x2, buax2) and there is no Phase C last test of supply. The intermediate trend is down and despite the fact that on the intermediate timeframe the market context is that price is in the position of a secondary test forming a trading range with bullish characteristics,...