Bitcoin simply doesn’t want to move.Bitcoin simply doesn’t want to move.
As we can see, Bitcoin re-entered the channel again in a bull trap, so as long as the price remains inside the channel, there won’t be any movement we can analyze to predict an upward move.
Let’s see what this week has in store. Hopefully, it breaks out again and this time decides to make the bullish run.
Thank you.
Cryptomarket
CLSK: Big Move ComingCLSK technicals look like the price is ready to make a move up. Weekly MACD beginning to curl higher, higher highs and lows on the RSI, and volume profile support with a massive volume gap to the upside provide for a bullish setup.
BTC is approaching the time frame where historically, post-halving, the price per coin moons higher. Additionally, the US fed is lowering rates and china is providing stimulus to their economy, which will provide for more cash that can make its way into crypto.
CLSK’s hashrate expansion and BTC owned can make this miner a prime benefactor of a bullish BTC move.
#SEI Scalp Short Idea - ALTCOINWe hit to 4H supply zone and rejected there.
Scalp short only. I am bullish overall.
I will be managing real time and i may close manually if i see something odd.
Nothing i share is financial advice. Education purposes only.
#Altcoins #Crypto #altcoin #AltSeason2024 #Bitcoin #Ethereum #ETH #ETHUSD #ETHUSDT #SEIUSDT #SEI #SEINETWORK #BTC
#ETH Salp Short Idea#ETH scalp short idea. Shorted from the supply. Expecting to retrace till purple line.
It is scalp, i am overall bullish. If we dont hit the target till monday evening (NY local time-EST) i will consider to close trade manually.
Nothing i share is financial advice. Education purposes only.
#Altcoins #Crypto #altcoin #AltSeason2024 #Bitcoin #Ethereum #ETH #ETHUSD #ETHUSDT
#injusdt #injective. Inverse head and shoulders. Get long#crypto. A strong pattern with a high probability trade has formed on injective. We have an inverse head and shoulders pattern. We have broken through the neckline. Not is has retested the neckline and turned resistance into support. This is a perfect formation to drive the price to the target from the inverse head and shoulders of 28. Get long now at 20.33
RSI is climbing higher and higher on each new low indicating the buyers are back in control.
STO has bottomed out at 30 and is ready to bounce back to 70.
Volume is not doing much though.
Target 1 is 28 bucks. From 20.33. That is an unleveraged possible 38% play. Worth the risk.
Stop out at 18. Crypto can be a nasty place so dont ride the elevator all the way back to ground.
GL and message me if you would like me to look at particular charts and provide my opinion.
BITCOIN → Bullish Pressure !!!
As I mentioned in my previous analysis, Bitcoin experienced a good rise after breaking out of the wedge and is now near the top of the megaphone. Currently, it is in an ascending triangle, but we can't be sure about it yet. Additionally, on the MACD, we have a hidden bullish divergence, which alone is a bullish signal.
previous analysis
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BITCOIN - Same pattern with bigger scale Hey Traders,
As you can see Bitcoin has been moving correctively in the last few months. Too many questions about the direction of Bitcoin. Are we gonna hit the 80k level or we are going down to the 40k level. Well, based on Elliot wave theories and based on market structure, we still have one more leg to the downside.
Technical Approach : We are in a WXY Pattern. WXY is made up of 3 waves:
Wave W = 3 waves
Wave X = 3 waves
Wave Y = 3 waves
Expecting wave Y to be a ZIGZAG pattern ( 5-3-5 ) . This type of pattern is made up of 3 waves were waves A and C consists of 5 waves each, while wave B consists of 3 waves only .We are currently in subwave C of wave Y ( final leg ).
Historical Approach: We have seen the same pattern with smaller size in the beginning of the year.
Any entry from now requires a stoploss above invalidation level.
Good Luck and trade safe!
ETHUSDT LongOn Ethereum vs US dollar we had a upwards trade but now in this anylisis i want to confess that the pair is in bearish trend but as i am seeing the pair is going to atleast complete Lower high and in H4 to H1 its in a Bullish trend due to its lower high completion so we will be having a long trade over this price and then will start a bearish continuation
BTC Potential Pullback After Upside Move to $66K-$67KDescription: Bitcoin has shown bullish momentum recently, with prices climbing towards the $66K- FWB:67K range. However, caution is advised for traders. Historically, sharp pullbacks often follow price rallies, especially when key psychological levels are tested.
Scenario:
Bullish Case: Bitcoin could rally further to the $66K- FWB:67K range, reaching resistance levels. If this level is broken, we could see a continuation toward $70K.
Bearish Case: After hitting $66K- FWB:67K , we may experience a major correction. A strong rejection in this range could trigger a pullback, possibly to $60K or even $58K & 43k$, depending on market sentiment and volume.
Strategy:
For Long Traders: Be cautious as BTC nears the $66K- FWB:67K range. Consider setting tight stop-losses in case of a sudden reversal.
For Short Traders: Watch for signs of weakness at resistance levels (bearish divergence, volume dropping, etc.) before entering a short position.
Follow me for more Premium trade setup.
Shiba (SHIB) – Return to the Right Shoulder of a Head & ShoulderOn the 4H chart, Shiba shows a return to the right shoulder of a “Head & Shoulders” pattern. The price is near a significant resistance level. If this resistance is broken, the next target is at the upper resistance level.
Trading Scenario:
• Long: If the resistance is broken, aim for the next resistance level to take profits.
• Short: If the price is rejected at the resistance, a pullback to lower levels is possible.
SHIB SHORT IDEA - 1000SHIB FUTURES SHORTPrice hit to supply zone and looks pretty heavy imo. LTF market structer shifted and it gave me confident to enter short side. I am also awaiting bitcoin to drop a litle (see my bitcoin chart on my profile) so they can work together.
Targets can be seen on the chart.
Nothing i share is financial advice. Education purposes only.
StorJ USDT Spot Trade 15% potentialSTORJ/USDT is showing signs of a potential breakout with a 15% pump expected. The current price action is approaching a key resistance level, and if broken with strong volume, it could trigger a short-term rally. Keep an eye on technical indicators like RSI and moving averages for confirmation of the momentum shift. 📈 #STORJ #Crypto #Breakout
BTC USD UpdateQuick weekend update: It's important to know that we are in a premium range with a bullish bias, and I have mentioned countless times that I do not enter swing trades in these low probability levels. So, we have a runner from last month, and we've taken profits, etc. We keep adding scalp positions only as of now. So, we have added some more scalps in and took quick profits, and have 2 more runners for the same trade here, which I shared last week of the current untapped Daily Bullish Orderblock. The trades are cruising alright, and we got all that volume over midweek trading. So, the plan now is to see if the plan starts to go our way. For that, I need to see 64,467 taken out. If that doesn't happen, we go ourselves a week low, meaning we got tricked into a buy trade, and the market maker will take us out with shorts. They play these tricks day in and day out to make billions on the market. So, we as small fish need to be smart, mostly patient, meaning wait for a break first, and then all you need is some sort of bullback and step into the trade with a validated high probability low, which becomes a safe stop for the investment. So, let's be patient and stare at the screen for a few days before we make a new decision to double some cash. Happy weekend!
SuperVerse - Here's a 50x for you, don't fade like my SUI callThis looks like a phenomenal setup. Now it doesn't have to be ultra bullish as moon from here. Depending on BTC it might go sideways or set a low for the wave 1 structure of the major 3.
But this looks like a crazy setup, wave 3 1.618 ext aligning with the H&S target.
Let's fking go, don't fade this 50x
BITCOIN HEDGE SHORT POSITION OPPURTUNITY UPDATEBITCOIN gave me reversal signal. I entered the short position the target is marked as 'long zone' i will be looking reversal signs to exit short and open long position.
It is risky hedge short position. The overall #bitcoin is still bullish. I will be scalping short.
It is not financial advice. I am taking calculated risks.
UPST BreakoutUPST - Breakout on going
Following an initial pump of 120%, the price action consolidated with higher lows and volatility contraction (VCP). This is the kind of price action we are closely monitoring.
Entry 42.3
Stop loss 40
TP1 30-50%: after 4-5 days
Then Stop follow up (visual) with EMA 10 or EMA 20
Bitcoin hedge short oppurtunity I'm looking some shorts between 64000$-62610$ on #BTC . It is gonna be hedge short for my current long altcoin positions and possible hedge for Isreal retaliation agaisnt Iran during weekend. Im still bullish overall.
I will be looking for strength-confirmations in order to close shorts and open longs in the marked area between 61300$-59000$ on #bitcoin . I am still bullish. We are coming from the daily bullish structer. I am positioning myself to possible weekend drop. #BTCUSD #cryptotrading