Pay attention to the number of candles between the tops and bottoms :)
My word, this sucks. More downward pressure for the week becomes likely after losing the daily.
owing to the latest chart performance one can clearly see a forming trendline. A bounce which can „catapult“ the price to 78.000 is possible.
Hidden Bearish Divergence present on RSI/SRSI. Bearish to first fib retracement level
Preferred direction: SELL Comment: Our previous purchases on the coin were closed with profit. However, surprisingly, the price continues to trade at updated highs and does not roll back. Against this background, it can be argued that the power of the buyer, at least in the short term, is very great. In this regard, the most likely scenario today is a...
An epic battle has ensued, price snakes and demon worshipers are attempting to push price down, a level 99 Boa has desended onto middle Earth will Gandalf and Gandalf alone be enough to challenege the forces of evil and send BTC to New ATH?? Or will the serpent beast desend wrath upon our hero???
Bitcoin has had a correction from all time highs. This was a spot driven move led by Coinbase, but in my opinion there are more buyers than sellers in the region I selected. A breakdown would be unlikely unless this is a short term trend change. I believe the most probable outcome is that Bitcoin consolidates bullishly and resolves upward after some time.
I drew this in early Feb, and have since adjusted it with the pullback from 73k, taking into account the cup & handle pattern forming on the weekly. Expect some sideways, downwards uncertainty whilst GBTC outflows continue on the ETF front. As halving approaches closer, the fomo will reignite and blast upwards with the realization that there is not enough btc...
As the cryptocurrency market continues to captivate traders and investors alike, BTCUSD has been a focal point of attention, especially in the realm of intraday trading. In recent sessions, an intriguing Elliott Wave pattern has emerged, signaling potential downward movement in the short term. Understanding Elliott Wave Theory Elliott Wave Theory, pioneered by...
BTC/USD 1W - How we getting on guys, I thought it would benefit those of you who dabble in cryptos. I wanted to share my thoughts with this market and how I see price playing out over the course of the next year. As you can see I have marked out three areas of Demand, I believe price will absorb the first one and we will see price react from one of the bottom two...
In the world of digital finance, Bitcoin stands as a beacon of innovation and speculation. Recent shifts in the cryptocurrency market have brought Bitcoin into sharp focus, captivating the attention of investors and analysts alike. From regulatory developments to technological advancements, various factors influence Bitcoin's price movements and market sentiment....
If this channel breaks down, BTC could drop to as low as the 58k levels. If not, growth would continue, and the chances of returning to these levels anytime soon would be reduced.
Hello, how are you? I hope everything is well with you and you're ready to discuss the new Bitcoin price chart with me!🫶 The price has sharply broken new highs and is confidently moving forward.🚀 If we draw several trend lines on the current pricing, we can see that since February, the price has been moving within a rising wedge! Do you see it...
If you were trading on lower time frames, you saw that Trading Alpha also gave a clear short signal around $72,000… squeeze shading, a red arrow and red dots. Such an easy indicator to use.
The cryptocurrency trend was sharply negative over the past 24 hours, as the latest US macro data signal further reasons to delay the long-awaited rate cuts. After reaching another all-time high (ATH) on Thursday, Bitcoin fell below the $68,000 threshold for the first time since March 8. Investor sentiment dipped on the news, dragging down both stocks and...
I believe the downside targets for BTC will be at these moving averages. First the 50ema and second the 100 which intersects with a prior long-term trend line. -A full 30% retracement would be around 50k which is right on that 100ema and trend -This is why I stabled up on some chains including cosmos the other day
My personal expierence in the last years. BTC to 55k and than 135k Dont be Retail or a Trader. be Smart.
Gold price (XAU/USD) moves higher in Friday’s European session as US bond yields cool slightly after a strong run-up on Thursday. Market expectations for the Federal Reserve (Fed) reducing interest rates in the June have diminished, suggesting that the slight recovery in the Gold price could merely be a pullback that could be used as a selling opportunity by investors.