The general trend is upward, but according to the structure of a TB position
#bitcoin #btc formed both ascending wedge and bearish RSI divergence. A deviation to 68 - 69K is expected. Hard declination from ~69K region will cause this bearish patterns to play out. If bearish patterns play out, the target will likely be the retest zone of the #btcusd breakout price. The invalidation: If #btcusdt price breaks out above 70K region and 2 3...
🔸in daily chart can notice a power of 3 (Accumulation ,, manipulation ,, Expansion)" 🔸we are in stage 3 (expansion) accordibg to my vision.. that matching so likely with RSI indicator...(breaking out multi-month trendline) 🔸must be considerd that the price breaking out a POC line with large green candle too 🔸price now testing the 0.618 fib (golden level) 🔸so...
Here is a chart of #BTCUSDT on the 12-hour timeframe. At first glance, it looks nothing special: a prolonged consolidation on falling trading volumes, everything is natural and natural. But tomorrow, at 15.05 at lunchtime with the close of the 12hr candlestick, everything can change. Tomorrow is the announcement of the "fresh" US CPI rate. Forecast: inflation...
CRYPTOCAP:BTC #BTC My expectation is that a similar scenario to the one in the chart will play out. So far, after each halving, we've seen a bull market, but it takes some time for it to happen. In this part of the cycle, large corrections, painful dips, and boring consolidations are completely normal. Be patient, stay focused, prepare for the third quarter,...
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (Futures) (h4) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 63900.0 ⭕️SL @ 61500.0 🔵TP1 @ 71000.0 🔵TP2 @ 77000.0 🔵TP3 @ 87000.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
The benefits brought by CPI have caused it to rise sharply. Now it has reached resistance. Sell, tp 64520/63730
The youtubers pump and dump is over IMO. They hype has worn off. I picked up some today and have a lower buy set in place. This is a hero or ZERO play for me. If it melts faces I'll take some profit before summer's end. Expecting a pump above .50 soonish and a retracement to under .40 and a flatline before the face melting happens. Merry Jane stocks had their...
The US dollar is showing a notable downturn after today's CPI figures were released at 3.4%, down from the previous 3.5%. This reinforces market sentiment that the Fed is unlikely to hike rates, especially after comments made by Powell yesterday. This scenario supports a risk-on environment, especially considering the bearish Elliott Wave structure in the US...
wheen we look on the weekly CHART ... WE CAN SEE that nice candle with long tail.... end we can see good reactions from the buyer's on the daily chat ... I think btc ll move to this levels in this days... down to :61840 up until:72470 ===================== good luck
Buy low. Sell high. All-Time High. #Bitcoin I'm anticipating a #Bitcoin pullback into the end of May. Get close to RSI oversold condition - maybe touch the 30 lower level on the RSI - and then a quick reversal as #Bitcoin resumes its Bullish narrative towards ALL TIME HIGH. It's a great time to be alive. I for one, will be partying as we ride the rocket into...
Don't be worry about #btcusdt, we will see it on the top 100k, as soon as possible. #btc #btcusd #btcusdc
1 graph that says it all.. Bitcoin history and a blink for the future?
First trade the rebound opportunity in the downtrend, and short after the long position ends, tp60240
As long as the red box is not broken, it can see any of the lower green boxes and we are currently moving in the yellow area. Note that I expect a move from zone 4 and if zone 4 is broken, again It will be updated
the support 57 is very important and i think this setup is good for long position
CRYPTOCAP:BTC breakout Done > Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern: 1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look...
Dominance Tether bounced back higher after hitting the support zone The red range is the dominance resistance, which goes up in case of Sharp's failure In this move, Sharp Bitcoin reaches the range of 52000