Good morning everyone, the Bitcoin is maintaining its positive momentum and is currently on its way to fill the Wick to the upside at around $64,000. Our structures remain quite fragile as we have exactly 2 support levels in the current chart image. The 1st support level is within our current range (orange box) between around $61,000 and $62,500, with the latter...
Good morning! 🌞 Bitcoin maintains its positive momentum and is currently on its way to fill the upper Wick at around $64,000. Our structures remain quite fragile, as we have exactly 2 support levels in the current chart. The 1st support level is within our current range (orange box) between approximately $61,000 and $62,500, with the latter still to be...
💭 New Tarding Idea ✴️ Pair: #CRV/USDT ↕️ Direction: LONG 🟩 Entry : $0.6342 - $0.6161 TP #1: $0.6419 TP #2: $0.6509 TP #3: $0.6632 TP #4: $0.6754 ⛔️ Stop loss: individual 💫 Hebel: 5x - 20x
Good morning, here are a few potential trades in the 15-minute chart. Currently, we are struggling at the 20 EMA after establishing our high (green line above) at $43,800 with a so-called Double Top (bearish pattern). While this high is a resistance area, it is not particularly strong, making it relatively easy for us to surpass. Once we have crossed this level,...
Good morning, we continue to hold steady around $43,500, but is the upward momentum sufficient for another breakout? After forming an almost perfect double bottom pattern on the 100 EMA and shooting above the 200 EMA, Bitcoin has accumulated enough momentum to surpass the strong resistance of the Point Of Control (🟠orange box) and establish itself more or less...
Good morning @Trading! 🌅 After yesterday's sudden crash, Bitcoin has entered another consolidation phase and is currently trading at $41,150. We are currently in the 15-minute chart, where you can clearly see that the first attempt to break out has already failed at the $41,500 resistance (red box above). 📉 After forming a "Swing High" there, we dropped through...
Good morning, let's also take a look at the subordinate 15-minute chart. Until yesterday evening at 5:00 pm, we had extreme downward momentum here. After reaching a new internal high of around $43,500, Bitcoin was only sold off after the closing of the American markets. This was due to the wick formed during the first dump or liquidity grab, caused by Grayscale...
Good morning, the market updates are becoming a bit dull as the market isn't moving at all; we are back at the same starting point as yesterday. Trapped within the range (🟠orange box), Bitcoin continues to consolidate around $43,800, where we are currently facing strong pressure from our 20 EMA. 📊 Due to the unbreakable resistance of the 200 EMA and the...
Good morning, new week, new luck. Bitcoin is trading below its range (orange box) at around $42,700 and doesn't seem to want to rise. After the bumpy start of the Bitcoin ETF and the so-called "Bulltrap" on the first trading day, Bitcoin was heavily sold off and pretty much broke every internal support. In the end, exactly the scenario we talked about for days...