Cryptocurrency markets experienced a brief pause in the altcoin recovery over the weekend as Bitcoin (BTC) faced resistance at the $67,500 mark. Bitcoin saw a minor decline of 0.2%, while Solana (SOL), the fifth-largest cryptocurrency, dropped over 2% to trade at $169. Despite this dip, investors view it as an opportunity for a rebound, especially considering the...
Does BTC really intend to break the previously theorized C&H corrective pattern? The downtrend line outlined in previous analyzes were being respected. However, I noticed that in recent days prices managed to escape this limbo. Interesting, isn't it? If the downtrend line breakout is true, a likely destination for prices would be the 85K region, an “upside” of...
Hello everyone. Today's rise in BTC is completely expected. And I started buying around 61500 and reached my TP price. At present, BTC remains oscillating in the 70,000-60,000 area. Tomorrow I will continue to share with you the trend analysis of BTC here
Bitcoin opted for the most positive scenario in my previous idea. It represented the most favorable outcome, so I am also hopeful that this is what will unfold. There is a significant liquidation heatmap of + SEED_TVCODER77_ETHBTCDATA:1B at $67,500. Since the bulls have already managed to pump to GETTEX:64K , it would be a shame to miss this opportunity to...
Hi i’m Bullish On BTC Reasons. 1. funding Rate are Flipping Negative 2. After Halving it’s 24% down 3. Recover in 2 Days with Volumes 4. ETF’s Approved in Various Countries like USA & Singapore 5. Big Investment company’s are Buying 6. as per Technical RSI It’s creating Strong RSI Indicating for Bullish 7. Trendline Breakout so it will come below test and then...
Simple Trading: Slanted Inverted Head and Shoulders pattern. Analyzing Bitcoin, we can clearly see a downtrend that has reached the top of its trend zone. At this point, two scenarios are possible: either a breakout of the downtrend, signaling a return to the macro bullish trend, or a continuation of the downward movement, resulting in a false breakout.
This week, we bring you a roundup of significant events in the cryptocurrency world. Last week’s anticipation of US inflation data causing volatility was realized, pushing Bitcoin up by 10% to $67,000. With such movements in the backdrop, what can investors expect in the coming week? COINBASE:BTCUSD
SL: 65081.00 TP: 71822.00 In this trading strategy, I present a compelling opportunity for a long position on the BTCUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
Btcusdt made a cup & handle pattern on price action handle of the cup or flag is in the making we can trade between the range. Buying is recommended at the area of 54650 to 44700 with the stoploss of 36900 For the target area of Tp1 84000 Tp2 115000 & trail. If you're a leverage trader buy at above the breakout area of 74000. SL below 66000 Target remains the same
As of 19th may 2024, BTC is trying to break resistance level at 0.618 fib level. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions...
btcusd was touched the all time high based on its halving news, but currently the crypto coin is in a state of confusion either should it persume its journey to 100k or should bounce back to 50k area. currently the support and resistance are as follows resistance 67400 and 67800 if broken it will fly to 69000 support 66800 which...
The past week has been highly optimistic for cryptocurrencies after a prolonged period of uncertainty. Despite the high Producer Price Index (PPI) data, April’s low inflation report in the United States has given risk markets a much-needed boost. The fear of additional interest rate hikes by the Federal Reserve has subsided, allowing markets to breathe easier....
BTC has exhibited a robust bullish trend on the daily timeframe. Our primary objective is to pinpoint a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as outlined in the video analysis, we expect favorable trading conditions. The video delves into essential elements such as trend analysis, price action insights, market...
Bitcoin price fluctuations have directed significant attention from investors towards meme coins. The primary reason for this shift is the higher volatility exhibited by meme coins, attracting many new participants into the market through notable success stories. This pattern frequently leads to speculative price movements when Bitcoin prices surge. So, what’s the...
Btc idea was shared last week which has worked properly and price exaxtly followed marked line. Now Its at resistance we can see little bit consolidation here to trap retail traders into short position then after a pull back again towards 74 NYSE:K main target
Daily Chart: Bitcoin is re-testing the pivotal resistance zone around $66,741 and striving for upward momentum. A daily closure above this zone could ignite a bullish advance towards the $69,466 resistance. Escalating past $69,466 is likely to result in the new ATH above $72,715. A rejection of $66,741 could signal a bearish momentum, exposing the $61,671...
Hey guys! At this very moment, we are in the middle of almost everything so you don't want to get caught on the wrong side of the trade. Better be safe than sorry. Having said that, here's my idea about what we are looking at right now. 1) There's a channel marked by green lines as shown in the chart. If you can see this, you'll notice whenever price touches...
Expired BTC.USD Weekly outlook. 3rd WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 60,797 Target Price: 61,831 | Strike Price: 66,558 MAY15 24' Upper Range: 67,738 Lower Range: 55,925