BTCUSD The BTC/USD chart indicates a potential upward movement if the price breaks through the pivot zone around 60000. The next key resistance area to target is 64,905. If Bitcoin successfully surpasses this level, it may aim for higher targets around the second resistance area (70,000). However, if Bitcoin fails to break above the pivot zone and faces...
SUI has been one of the better performing L1's and altcoins in general in the last 6 months that BTC has been chopping/ranging. There are a few key points on the SUI chart that catch my eye: - 1D 200EMA is now flipped bullish with a strong reaction after flipping the level, this shows buyers are confident in the project and happier to buy at higher levels,...
BTC latest analysis update: This complex scenario will make both bull and bear suffer if they don't play it out phase by phase. I tried to keep it as simple as much possible, once you see the chart you will understand. Invalidation point: If it close 1day above 63k Imagine what people will post once BTC break 48k support! they will call 38k and 42k, it will...
Overview: The VANTAGE:SP500 closed higher, challenging its all-time high for the third time this month. At least it's not declining like it typically does in other Septembers. However, the NASDAQ:QQQ is stalling, showing a lower high but also forming a higher low. Both the SP500 and QQQ have seen diminishing volume over the last three days as everyone awaits...
BINANCE:BTCUSDT is strengthening after a false breakdown of the 54.5K - 55K support. Fundamentally and technically, there is no buyer motivation. Traders have moved into the waiting or selling phase... Now BTC is accumulated mainly by wallets with balance < 1BTC... Larger wallets are not doing much. Also, judging by the statistics of various services it can...
BTC on down trend and may saw 57500 then goes to range 58500 and 5750 beware on stop hunt in 59200
GM crypto bro's, this morning BTC dropped back to the 57K range as I mentioned in yesterday's market update. The Fear and Greed Index also dipped further into the fear zone, dropping to 33 from yesterday’s 39. The stoch RSI is beginning to move out of the overbought area, and based on today’s price action, there’s another possibility of BTC continuing its decline...
I've got some important updates for you. We're closely watching Bitcoin, and things are looking bearish right now. There's support around $56,700; ideally, we'd like to see it held there for a few days. If that doesn't happen, the next support level to watch is $54,000. Now, the big news is about the Fed's decision on interest rates this Wednesday. It's difficult...
In a move that highlights its unwavering commitment to Bitcoin, MicroStrategy, led by its CEO Michael Saylor, has announced a fresh $700 million debt offering to acquire more Bitcoin ( CRYPTOCAP:BTC ). This marks the second such offering in just one month as the company aggressively expands its Bitcoin holdings. Known for its bullish stance on Bitcoin,...
Just a simple symmetrical triangle pattern with initial measured targets for either scenario: Breakout - targets just below 85k Breakdown - targets just below 40k Good luck!
Investors are hopeful that risk assets like Bitcoin could see strong gains if the Federal Reserve cuts interest rates by 50 basis points instead of the previously anticipated 25 basis points. However, Bank of America (BofA) urges caution. They recommend not overreacting to any initial market reaction after the Federal Reserve's September meeting. According to...
The price is squeezed into a triangle. I expect arrival to the price level 54555. See my past ideas, to understand my working strategy
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Veloce Web3 GameFi ecosystem secured by Polygon and Ethereum. Gaming, live Esports features, digital racing media network dApps, $1.5 Million fully diluted marketcap. RSI is making higher lows for the first time since its trading history. 100x is looming...
In this chart, we are looking at a clear fractal pattern, which has been unfolding in a bullish structure. After a significant rally post the April 2024 halving, Bitcoin entered a consolidation phase, which is visually highlighted by the yellow channel on the right side of the chart. Key Observations: 1. Bullish Flag Formation: We see a clear bullish flag...
Yesterday I showed you all I am bullish on BTC on the Weekly TF. Here's a 4H view showing that price is dipping into my POI. This is a Wave 2 corrective move, of the OVERALL Wave 5 bullish move. As price touches my grey supply zone, I will look to open buy positions & target new high's🚀 Invalidation zone below previous Wave 4.
- This graph is purely based on fibonacci law. - 61.8% is the core of the system ( check rectangles in graph to get it ) - Most of long term traders not even look at the price. - they just wait the good time to buy using Fibo. - in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH) - in 2021 BTC Dominance pushed to 75%...
As of the author, the current section is the section where the 3-1 count and 3-2 counts end after the 4-count rise, and the 3-3 count rises after the 5-count section ends. I think that if you manage your position while expecting the best event on the 19th, there is a high possibility of generating good profits.