Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to range, where it rebounded from the top part, which coincided with the 44400 resistance level and in a short time declined to the 40350 support level. Then BTC soon bounced from this level, which coincided with the buyer zone and...
CRO has a really nice liquidity movement here, filling a bunch of FVGs, but we are seeing yet another weakness kicking in with the new daily candel! There is good potential for further movement here, for sure! Swallow Team
The coin has great potential for some downward movement here, for sure, with price reaching the major resistance zone, which we will not be able to breakout from with our first attempt. As now we have started the rejection phase, we might see even further movement here for sure to lower support! The first sign of potential reversal is RSI entering back in normal...
ATOM coin has been experiencing amazing growth, which led the price to move towards the upper resistance zone. We are looking here to catch a nice downward movement once we see the current re-test to successfully hold that zone. As we will see that zone to be strong, we will be opening a potential order here for sure, but we also need to bear in mind that we...
LTC coin is showing some strength here with a good potential for upward movement here on a daily timeframe. We are looking here for a potential breakout with a confident re-test as always, but we are ready for all kinds of movement here, meaning if we fail to breakout, then we might touch that lower line! Swallow Team
ETH has been trading on a smaller timeframe inside the sideways path, where it bounced from support to resistance and so on. We have displayed here more of multiple setups than one correct way of movement for this coin! As we are inside those zones, we are looking at that sideways movement, but upon breakout or breakdown (a clean one), the plan will change...
SOL has been on our radar ever since that 40% gain we achieved, but as of now, on a daily basis, we are seeing a nice indication of a potential downward movement soon!! With the price being multiple times outside of the overbought zone, we see that the price is feeling pushy, where currently it is attempting to form another zone outside of the overbought...
Analysis of #Bitcoin in the daily time frame According to the chart, we have two support ranges from $37,400 to $38,137 and resistance from $42,837 to $44,279. Currently, the price is below its own resistance. According to the RSI indicator, we are facing a decrease in trading volume. There are two scenarios in front of us, which are indicated in the chart with...
I wonder how come you don't follow me? Please follow me and like the posts before starting to read this analysis. If you have any questions, you can send me a message in the private message section. Well, according to the previous analysis, we saw a downward fake failure in the chart, which we could recognize as a fake failure using the indicators. Now it's back...
I've previously mentioned in a BTC (Bitcoin) trading idea that the ETF approval would be a 'buy the rumor, sell the news' event: Now, we observe a continuation pattern with bearish divergences on the RSI. A bearish divergence is a term used in technical analysis to describe a situation where the price of an asset is moving in the opposite direction of a...
The United States government's announcement of a planned $118 million Bitcoin sale has sparked discussions and debates within the crypto community. The planned sale comes in the wake of the Jan. 8 sentencing of Silk Road Xanax dealer Ryan Farace and his father Joseph Farace for money laundering conspiracy. While some express concerns about the potential impact of...
In four-hour timeframe, the breaking of a key support level (the blue box) is considered a significant turning point in the change of Bitcoin's price trend. This shift in direction is clearly observable, as evidenced by the formation of a new lower high compared to the previous high, and a lower low compared to the previous low, indicating a downtrend in the...
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price traded near the resistance level inside the resistance zone, but later it made an impulse down to 41700 points, after which BTC backed up to the resistance zone and continued to trades inside. But a few moments later BTC rebounded from the resistance zone and made impulse down to the 40300...
ATOM has been trading in a bearish triangle pattern for almost two years at this point. The pattern is clearly drawn between the yellow area of support and the purple diagonal resistance. After the most recent rejection of the resistance, I'm waiting for the price to reach the yellow area again. The yellow area will most likely function as a long-term bottom...
Yesterday we saw the BTC bulls put up a show with over 5% gains over the course of the day. Personally, I was not expecting such a bullish day to happen anytime soon. Part of the explanation is the oversold RSI on higher time frames for the first time in months, combined with shorts getting liquidated. For now, I'm still not convinced that the bulls have the...
Riot Platforms Inc is a bitcoin mining company. Its stock price positively correlated with bitcoin price. When bitcoin is up miners sell less btc to support operations. Therefore, they get to keep more btc in their balance sheet.
Hi traders, The word is short squeeze. Many shorts have been coming in and there is a bullish divergence with this so the short squeeze is one of a few scenarios. I personally looking to long BTC around 35k to 36k range based on monthly POC etc. For now, I envision, if the short squeeze is the target then further lows to my 36k range. This would be perfect for...
The current situation for Bitcoin is showing a rebound. It's crucial to consider the possibility that if the price turns the Range Low. Which is around $41,400 into a resistance point during this week's rebound. It could initiate a breakdown process. Confirming resistance at this level would strongly validate the breakdown scenario.