Bitcoin price remained well above the $62,500 support zone and extended its gains. BTC was able to overcome the resistance at $64,500. It even cleared $65,000 and checked $65,500. A high was formed at $65,550 and the price is currently correcting gains. There is a minor decline below the $64,000 level. However, the bulls are active near the $63,000 area. There is...
Hey everyone, What are your thoughts on whether we should buy or sell BTCUSDT today? After carefully observing the data and analyzing the charts, BTCUSDT appears to be in an accumulation phase and is currently consolidating with the EMA 34, 89. It's expected to continue sideways movement around the current level near the support area and may bounce upwards once...
Hello, Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups. 1: Structure drawing Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from...
This is the final warning and a friendly reminder; what we are about to witness is a "capitulation drop!" This event is not your common drop or "normal correction," instead, it is a major event that only happens once every several years and you have front row sits for it. ➖ If we calculate the average price for Bitcoin's trading range in the past month and a...
Hello all dear traders! Overall, SOLUSDT is showing steady growth on the D1 timeframe. It is currently trading at 156.96 marking a gain of 2.72% on the day. From a technical perspective, looking further, we see that the market has changed its downtrend to growth, reinforcing our medium-term outlook. However, in general at the present time the upward momentum...
Bitcoin Analysis Today D1: Bitcoin surged strongly on Friday, forming a wide-ranging bullish D1 candlestick that closed near its high, indicating strong buying pressure on that day. This buying momentum was sustained over the weekend as Saturday and Sunday both witnessed price increases. Structurally, Friday's bullish D1 candlestick is significant as it broke...
Hi everybody! BTCUSDT is consolidating above previous downtrend resistance. Confirmation of a trend change would be a consolidation above the price moving sideways around the current level near the support zone. It is likely that the market will try to change the trend. At this point the realization phase will take shape. We await confirmation of a trend change...
If you're considering trading BTCUSD, now might be the time to open a short position. The current price is 63587. Setting a stop-loss at 64350.00 could help manage risk. For potential profit-taking, consider three target prices: 63180.00, 62750.00, and 62040.00. Each target represents a level where you might consider closing your position to lock in gains. Keep in...
Hey there, what do you think about SOLUSDT? Currently, SOLUSDT is showing relatively stable recovery phases, with prices receiving support around $125.80 and gradually approaching the resistance level as marked on the chart. If we successfully break and close above that level, we could expect a target around $180.100. On the other hand, SOLUSDT might still...
As mentioned in previous analysis, I believe the breaking of 60K to be important for BTC. If it is important, we'd be in a bull trap now. Currently we have to classic 76 retracement along with a butterfly correction pattern. Trying a fairly large short on BTC now. Expressed through shorts on BTC directly, OTM puts on COIN and OTM puts on MSTR. If the break...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
Hi. GTAIUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which GTAI is in, Is a Bullish wedge Pattern! Since The break out has happened, If GTAI can break 3$ can rise up alot. ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 FALLING WEDGE 🟢The...
An "accumulation phase" is the part of the cycle when and where the whales and experienced traders take the time to load up in expectation of a massive market move. The time to accumulate is also called a "consolidation phase," when prices establish support before a market turns. The market already turned once, from bullish to bearish. Bitcoin moved to hit...
This is the situation right now on the daily timeframe; Bitcoin produced a lower low 1-May, this normally leads to a bounce. A bounce after a new lower low can push prices easily toward 70K, as a lower high but this isn't happening, this didn't happen. The bounce pushed prices to 65.5K and that's it, weak and a lower high confirmed; so far. Closing today below...
Hi. The POLONIEX:GTAIUSDT T is in a Bullish phase by Ascending Triangle & Cup & Handle. - You can look for reasons to enter according to your own personal strategy after approval. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Cup&Handle - Ascending Triangle Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _...
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
#Bitcoin Monthly Chart After the breakout of the previous all-time high, BTC is currently retesting it. The most possible scenario for Bitcoin, in my opinion. What are your views on this chart?
COINEX:TONUSDT Reason: Break of Falling wedge. Now volume growing as well. Above strong support zone.Chart looks bullish for it. Worth buy for short term quick profits too. 👀To motivate me , Please Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with all these...