Watch for a breakout on this hourly consolidation. Here I expect to see a decent bullish breakout while the price of BTC may find support on the highlighted zone one more time. This breakout will push back the prices close or above FWB:73K
BINANCE:FILUSDT is still in the bearish trend phase and is squeezed under the global trend resistance against which a pattern is forming that could turn the market. Lately, the coin has been building volume and increasing liquidity, but it is still trading under the pressure of resistance. A symmetrical triangle is forming relative to this line on H4, a break...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSD 1M chart) We need to see if we can break the new high (ATH) by rising above the previous high. It has been two months since the StochRSI indicator hit the highest point in the overbought...
BTC Oi increased by 6% - breakout will happen soon On BTC we have HVN from $69 646 - $70799 that's an area of accumulation If a case of FIX above - the price can hit ATH in the case of a close below - the price can go to test POC at $68k
What's going on friends, I took this trade with the sole intention to make profits, so I have a stop above my entry, around the $0.55 cents because I wouldn't want to be negative here. But if it plays out, the pattern I mean, $2.50 could come within weeks, maybe right after BTC's final pull pack patter is done and we're finished with this short term down trend....
In the daily and weekly time, after a complex correction in the range of 0.01343 after the bottoming, it has started a motivational wave, which has already penetrated above it after breaking the sub-swing and the resistance range. 🔰 This wave can touch the specified targets after stabilizing above the green box. 🔰 This moving wave of wave 3 is smaller than the 3...
Bitcoin is 238 days into green Gaussian Channel territory and highly overbought on the 1W technical outlook (RSI = 81.515, MACD = 8672.400, ADX = 68.211). What would be bad news to buy for any other asset, is actually great for Bitcoin as historically it has seen its biggest gains while deeply overbought. As far as the Gaussian is concerned, every time it has been...
Hello, friends!😊 Today we talked about double tops and double bottoms. Let's try to apply a double top pattern on the Bitcoin chart!👍 🔺🔺Double tops tend to form when the price reaches a high within a current uptrend and then pulls back. It rallies again to the previous high area before stalling and pulling back, falling below the low of the previous pullback....
Bitcoin (BTCUSD) is currently repeating on its 4H time-frame a fractal of S&P500 (SPX) on its 1W time-frame. As BTC is pulling back towards the 4H MA50 (blue trend-line) and a Bullish Cross is about to be formed, the symmetric development on the S&P500 fractal indicates that this Bullish Cross should be treated as a Buy Signal. On S&P500 it started the aggressive...
Jesus Coin , not normally coins I look at or invest in but , I trade patterns and there many bullish patterns that have formed in Jesus Coin. So as you can see in the main chart above Jesus Coin is in a massive ascending channel which is a bullish pattern. It is also flipped previous all time high as support and has been consistently printing lower Marco...
Just an idea, I noticed Bitcoin played out a fractal similar to the previous bull run top. If Bitcoin plays out this fractal then a straight shot to $90k could very well be in the cards. Obviously on the higher time frame it will be a little slower action that on the daily we just had but none the less it would go up pretty fast. I believe the current rally we...
in case we saw a deep correction for CHZ those are the 2 areas I'll look for a buy setup. 1st area 0.35-0.37 2nd 0.25-0.27area reaching them ain't granted but if the price managed to reach them it will be a good opportunity , so take it and follow me 😉 next step is supporting and boosting this idea
In this BTC/USDT chart, the overall structure is bullish, as indicated by the price being well above the Ichimoku Cloud. However, currently, the price action is showing some consolidation after a significant uptrend. The Ichimoku Cloud's span is wide, which usually represents a strong trend, but the price nearing the Conversion Line (blue) might suggest a...
Hi. Hope you're doing well! After a massive run-up, BTC is resting above 2021 ATH i.e. 69K. Macro is definitely bullish, and it will remain so until a major BOS/MSB occurs in the daily timeframe. Until then, dips are for buying. However, locating the genuine dip and identifying the local trend is key if one is looking to enter fresh longs or take profits. Locally,...
Last weeks high: $68975.9 Last weeks low: $64863.9 Midpoint: $60752.0 Our first major pullback took place last week as BTC saw a weekly low of $60,752 , and notably the weekly high didn't manage to top the previous cycles ATH at 69K which does indicate a HTF Bearish Swing Fail Pattern. The 4H 200EMA providing support on multiple occasions and keeping the ...
In this analysis I want to talk about a fractal that I recently found. Was looking at Bitcoin's price action over the last few weeks, and realized I recognized that pattern. Bitcoin has been following a very similar pattern (fractal) as the SP500 did during the 2022 bear market and the 2023 bull-market. Keep in mind that fractals will rarely be exactly the same,...
BTC just broke the descending triangle and aiming towards 80000 in couple of weeks, long in futures with 10 - 20x will be good opportunity to make good amount of money.
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Doge has been very profitable so far. Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): As BTC trades...