BTC is yet to fully correct, at least on the weekly. In my eyes, these huge candles up are unsustainable without significant greed. Significant greed cannot continue indefinitely without returning to the mean (neutrality), and likely, significant fear. There are a few factors I believe will influence a correction: Greed across the traditional and crypto...
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Bitcoin surged to the selling zone above $70,000 and was rejected again. Currently, it has strong support in the $67,000 to $65,800 range, which could potentially push it back towards the $70,000 to $71,000 resistance level. Keep an eye on your watchlist, as long as the main ascending trend line at around $65,800 is not broken, you can look for long positions...
I normally do not do micro counts on Bitcoin, however, in the primary count, Bitcoin should be topping in the target box...if it hasn't already topped. We need a breach of $65,500 to give an initial signal, we may be headed to the low $50,000 area for (c) of (A) or that will be all of primary wave 4 for a short wave 4.
Expired BTC.USD Weekly outlook. 5th WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 68,547 Target Price: 70,547 | Strike Price: 70,576 MAY27 24' Upper Range: 77,087 Lower Range: 64,008
hello guys... at the bottom of an ascending channel, the btc is forming a triangle pattern (symmetrical one). I think it will touch the top line of the pattern again. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to...
#bitcoin #btc must hold purple line support to be bullish in LTF. However, an inverse cup & handle pattern (bearish) is forming. If #btcusd breaks support, the next support is dEMA100 (the red bow), if dump gets deeper, the orange box is strong support zone. Invalidation: #btcusdt price breaks out 72 - 75K zone permanently. Not financial advice.
Testing different chart colors, so a feedback is really usefull. Now, let's check BTC chart. Price is moving inside two main trendline that are forming a triangle. I marked an important support level, the area ar $66.500. I think the price will range there before pushing to the upside, targeting the resistance zone above $71.000
In the lower time frames, Bitcoin seems to be forming a corrective wave towards the 64K-63K range. Below the candles, a liquidity pool is forming with lower H's. We specified supply and demand. The target is the green range. Closing a 4-hour candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and...
Bitcoin (BTCUSD) is starting the final and most aggressive part of the current Bull Cycle: the Parabolic Rally. The latest and perhaps the strongest signal to confirm that comes from the well known liquidity combo indicators that we have developed these past few years. The Global bonds yields pool (blue trend-line) is reversing upwards again, the first time it...
warning btc this is very important location chart i think thic place chart is very best chance for sell
Preferred direction: SELL Comment: Sell priority is also relevant this week for gold , at least in the first half. At the moment, one can look for good sales near current levels with a target at the level of 2300 , where, in turn, one can take a closer look at the long deal that we talked about at the end of the previous week. On the chart, one can see two...
Preferred direction: BUY Comment: Based on the results of last week, it can be noted that the market remained at the same levels and there were no significant changes. However, at the same time, such dynamics showed the stability of the US dollar's competitors, which indicates a likely short-term strengthening of these instruments. And of course, the EURUSD ...
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 11pm tonight. Nasdaq is a section where it can fall significantly if it...
Today's session marks the beginning of the bullish move higher to test the April 2024 WTI highs. The ultimate target seems to be around the 85.00 - 87.00 region. This move begins now and may possibly extend to the end of June or early July. The stop loss should be around the at least be 77.90. Stay tuned for updates.
GM, BTC's sideways movement turned out to be deeper than expected, even dropping to the 67K area yesterday. Currently, my personal outlook is 60% bullish and 40% bearish. The fear and greed index this morning is still at 72 and in the greed zone, suggesting that market makers might continue to shake out retail investors before pumping hard. Keep staying safe,...
BTC/USD is rising towards a resistance level which is a pullback resistance that is slightly above the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 69,495.60 Why we like it: There is a pullback resistance level which is slightly above the 50% Fibonacci retracement. Stop loss: 71,357.33 Why we like it: There...
BTC/USDT Technical Analysis! 🔹 Current Price: $68,390 🔹 Strong Support: $62,433 🔹 Resistance: $73,000 BTC closed with a red daily candle at $68398 and is still trading sideways. It recently broke out of a symmetrical triangle, indicating potential upward momentum. This sideways PA is the reason why Alst are breathing green. Watch for a break above $73,000...