BTC Update: Timeframe- 3 hours. Hello, traders, I hope you all are doing well. In our recent trades, we made some good profits and in some trades, our SL got hit. The current scenario on BTC is a 'No trade zone' for me and it will be a wise decision to wait for the weekly close. In this hourly TF, BTC is under a symmetrical triangle and it is reclining toward...
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 a Nasdaq indicator announcement at 10:30 tonight. The current position is a section of the 4-hour chart where...
BTC: Bearish -BAT detected. Euphoria when the BalckRock ETF rose on BITCOIN and in the heads of investors BEWARE of the BULL TRAP!! I detected a Bearish BAT caution the EMA.50 and EMA.200 remain potential targets LEVELS : On the rise: 48 500-49 000 On the decline : 40 690 39 746 36 170
We did not believe it in the previous rally. And still will be a huge diminishing returns from 1300% to 800%. By May 2024. Why not? eh? Why.
BITSTAMP:BTCUSD broke the short-term trendline after hitting the resistance at 44k. After few days of consolidation in the range of 43k to 40k, BTC finally broke the downward trend line and now facing short-term resistance at $43.5k. Once this level is broken with confirmation we can see higher highs and possibly until the next resistance level which is around...
Yesterday we had a nice attempt to breakdown to lower zones, literally starting that downward movement, but price recovered pretty fast. We are still heading for that upper $45K zone, where we are expecting some major movement to lower zones to happen!! Swallow Team
Limited Movement in BTC/USD: ⚖️ There hasn't been much movement in BTC/USD. ⌛ The market is still waiting for further confirmation. Caution Due to Anticipated Bullish Events in 2024: 🤔 Traders exercise caution due to anticipated bullish events in 2024. 📅 Potential launch of spot BTC exchange-traded funds (ETFs) between January 5 and 10. 🗓️ Expected BTC halving...
It is expected that after some correction to the specified support range, a trend change will be formed and we will see the beginning of the upward trend. Crossing the resistance range increases the chances of an upward trend And if the price crosses the green support range, the continuation of the corrective process will take place
Hello fellow traders and crypto enthusiasts! 📈📉 I wanted to share an observation on BTCUSD's recent movements on the daily timeframe. It appears that Bitcoin has reached a significant resistance level, forming a compelling two time Double Top pattern. The neckline of this pattern has been breached, signaling a potential bearish move ahead. As we await a retest,...
CRYPTOCAP:BTC #BTC $42,070 support in effect, current daily with potential to put bullish engulfing on. Eying $43,145 test. RSI looking good, Low on volume as of now, Green days ahead 🤩🤩! $40,583 key support, $44,174 and $44,860 key resistance areas.
Greetings traders, Our analysis on BTC/USD suggests that the correction phase might not be complete. Notably, the daily time frame reveals a compelling bearish engulfing candle, indicating potential bearish momentum. Currently positioned at the 0.618 Fibonacci level, the price is exhibiting signs of struggle to breach this critical level. Trade Plan: Entry...
Could the whales and institutions be preparing to shake everyone out of the market and create a surplus of supply to buy back at extremely low levels?
Comparing the charts of QQQ with BTCUSD/Gold. Risk on!
As I mentioned in my previous post, BTC has been struggling around 43k region which is a new resistance level. In 3 days timeframe, we can see that TSI bearish cross is initiating. By today, if BTC can't break back above 43.5 to 44k region, short-term bearish trend will continue. Just be aware of some fake out. In renko daily, as I mentioned in my previous post,...
On the Daily Time Frame, we had a Double Bottom pattern above EMA20, the next level of support is 45k."
Historically, Hashrate and Bitcoin prices have a strong correlation. When hashrate increases more than Bitcoin price, it indicates a rise in Bitcoin price soon. This indicator uses the formula: Price/hashrate delta ratio = period price delta / period hashrate delta Whenever the ratio between the price and hashrate of Bitcoin is positive, it indicates that the...
After reviewing many ideas, YouTubers and some great studies here.. I have just one question: how many more indicators could tell you we are near bottom? Does it really matter if we were to go lower by maybe 10%? To me, it looks like we are now really getting there. What could trigger a true collapse? Curious to hear some counterarguments.