BINANCE:BTCUSD is in a strong growth phase, updating the highs of December 2021. The price does not reach the 53K level and may forge a correction to support before further growth. Pic: Three key scenarios against the backdrop of a possible correction Why we should wait for a correction: Market potential (technical component) may get temporarily depleted...
Positive momentum continues in the crypto market, with Bitcoin showcasing promise and altcoins displaying significant resilience despite recent dips. While I won't confidently declare a major bull market, my portfolio is positioned for one, as it has been since the start of 2023. I made adjustments about two months ago, especially with SOL where I realized gains...
BTCUSDT has just completed a double top pattern on the 1-hour chart. The price is currently at the support level of 51,100 USD, and the technical outlook leans towards the bears, with the 34 EMA indicating a reversal. The resistance level at 51,440 is forming a convergence zone with the EMA, and I am leaning towards a sell position for today's BTCUSDT trading. Do...
Bitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for...
Bitcoin is exhibiting a bullish trend within a rising wedge pattern. The price has been consistently making higher lows, following the lower boundary of the wedge. The rising wedge is often considered a bearish pattern in traditional technical analysis; however, in the context of a strong uptrend, it can also indicate a continuation. Price is approaching the...
We might be in an expanded flat. Projecting 100% for the C target.
Many have reached out with questions about the implications of the SEC's recent Bitcoin ETF approval and its potential impact on the market landscape. In response, I've decided to conduct a comprehensive analysis to shed light on these developments, aiming to offer clarity and insights into what lies ahead: What does the SEC's approval of Bitcoin ETFs signify...
BTC is on 0.618 level of fibonaci in daily TF. on low tf it is in 0.618 level too. i try to open another short. let see
This is the only way. TV wants me to say something more, I can´t, because this is the way! gosh, TV ruin the chart, so, Green = % change change Red = days/bars change change remember, the only way.
📈 Price Movement: Momentum to Upside: ETH is gaining momentum to the upside. Resistance Break: Attempting to break through the top of the range resistance at $3,000. 💼 Trading Plan: Entry Criteria: Wait for the price to find support at around $3,000 with an opening and closing of a 4HR candle above that level. Take Profit: Target the next major resistance area...
The current price suggests a potential peak, although it's not definitive. However, indications point towards the onset of a decline. If this holds true, the only significant support level appears to be around $48,294. We'll monitor the situation closely, and I'll provide updates in my next video.
Bitcoin will test 48k and if it drops below 48k we will see lower prices,,,,,,, please follow me to get notification for all my analysis
Considering that Bitcoin is in a neutral trend in hourly time, the possibility of further growth is still possible, although this growth may take place after a correction.
Bitcoin halving is an event that halves the rate at which new Bitcoins are introduced to a network (or mined). This event occurs approximately every four years or after 210,000 blocks have been mined; as a result, each halving reduces the reward given to miners by half and mimics a concept known as the hardening of a currency (meaning it is harder to extract it...
Pi cycle indicator has shown a bottom signal in July month, that’s the third time in the history of bitcoin. This indicator accurately predicted the 2015 and 2018 bitcoin bottom. If this indicator works for the third time then we are at the bottom of the bitcoin bear cycle. Thanks Hexa
BTC - trade trend until it breaks Price is in a range and failed to break it out trade fake outs and traps
If the price surpasses $52,036, it signals the commencement of Wave (C) within Wave D, setting a fresh target at $56,357. Should this level be breached, expect support to form at $51,588. It's prudent to await confirmation of this high being breached, unless you're willing to take a risk akin to my own daring nature.
This video is a necessary follow-up because we've unexpectedly breached the high that, in the last video, I indicated wouldn't occur just yet, while demonstrating my wave analysis with AriasWave. Now that it has happened, I delve into what actions to take and what outcomes to anticipate. However, if this trend holds true, the timeframe may be too short for me to...