Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can mark the first support zone from $28998 to $28830, then we mark the second strong support zone from $2855 to $28357. Looking the other way, we will...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I find BTC chart interesting as it has been following the basic laws of market structure. So let's keep it simple => K.I.S.S. Keep it simple, samurai ;) 📈 As long as support at 28750 holds, we can anticipate a bullish movement on BTC. This bullish scenario would be...
The 4h divergence continues. Bitcoin is waiting for another attempt to make a jump. I'm waiting for a test zone 30700-31300. A wedge is a good sign of a new move up. Good luck to all
Hello. We have a chance to go up with Bitcoin. Yes, this is a small rebound, but the potential is good.
Morning folks, So, our 28.5K Butterfly target was perfectly completed. Then market has shown reaction on the US downgrading from Fitch Agency. But this reaction was very short-term. As a result, we've got bearish grabber on daily chart, suggesting that our 28.1K target is still valid. Besides, US yields are rising, which makes additional pressure on BTC. Thus,...
The BTC chart looks bearish. We've formed a pattern of a small base under a larger one, with a small base also located under the BoS short level at 29400. I'm considering a scenario where price returns to the high-volume level of the larger base at 30262, and tests the imbalance range (30530-30900) from above before moving downward. At the high-volume level,...
Seems Like Ready For Massive Bullish impulse Testing Trendline In Daily Tf & Expecting Breakout Incase Of Successful Breakout Expecting Move 80 to 100% Bullish Rally Keep Eyes On For Breakout
In a significant development overnight, Bitcoin plummeted below $29,000, marking a new low at $28,726. In the process, Bitcoin dropped below the 50-day SMA, which previously acted as a support (now it acts as a resistance). In addition to that, DM+ and DM- performed a bearish crossover on the daily time frame, and RSI, MACD, and Stochastic continued to develop...
If you enjoy this analysis, please give it a like and a follow. In this analysis We're going to take a look at the stablecoin marketcap, USDT and USDC to be precise. As seen on the chart, the stablecoin marketcap is trading in a well-defined bullish channel. Consequently, every single time that this metric has touched the bottom support, Bitcoin dumped. I'm...
Bitcoin has essentially made it's rally to retest the 200MA as a resistance to accumulate more selling pressure after the strong bearish signal followed by the MA crossover happened.
#MATIC EW Chart:- #MATIC/USDT Might have the Main Impulse Count Completed. IMO Now ABC Correction waiting. Wave A and wave B are Already Completed and Now Ready for Zigzag Wave C. Expecting 5-10% upward Move from here. Stop Loss:- $0.66
A technical view of this coin shows exciting patterns for the coming time. This coin has been since 10 JUN 2023 on the cycle trend. And at 12 JULE 2023 did this coin confirm the cycle. We have seen in the last few days that this coin on a small time frame showing a small recovery, but the big picture is still in green view. This update depends fully on the...
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Yesterday, Bitcoin exhibited another descent towards its support zone but also demonstrated a significant positive rebound post-interaction. A noteworthy positive divergence was observed on the RSI, compared to the previous day. With the breach of the downtrend line, there is an opportunity for Bitcoin to initiate another bullish wave up to the resistance area of...
bitcoin 2 zone for buy in shrt time and long time 10000$ 20000$
Hi everyone👋 (Reading time less than 5 minutes⏰) . Bitcoin has been moving in a Rectangle Pattern for over 25 days ⏰. 📚 Rectangular Pattern : The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by...
Hi everyone👋. Bitcoin was moving in the Range zone for about a month and formed a Rectangle pattern . But yesterday, Bitcoin managed to break the lower line of the rectangle pattern, as I expected in previous posts✅. In terms of the structure of Elliott waves , Bitcoin is in the phase of corrective waves , and it seems that Bitcoin is pulling back to the 🟢...
Bitcoin finally managed to break the 🟢 support zone($29,140-$29,000) 🟢 a few hours ago. 🔔I expect Bitcoin to continue its downtrend in the coming hours and at least fall to the next🟢 support zone($28,450-$28,080) 🟢. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Binance Wins Operational License in...