Bitcoin is in an uptrend channel and looks to be in correction phase back to the lower channel and heading to a major support (demand) zone at area 52K, which will be confirmed with a daily break below 60K.
Bitcoin ETF Cash Flow Update: Based on cash flow data, BTC peaked at 73k8 but cash flow was only approximately 1/10 of the previous day Large funds like Grayscale continuously sell BTC (Today sold 348 million USD) Besides, technical analysis shows a short-term BTC downtrend. If the important support level in the 58-60k price range does not hold, it will continue...
I have been looking for a good long opportunity against Bitcoin. With the high volume of capital inflows to crypto that has been stimulated with the ETF/Halving Bull Cycle, the question is, where will it flow to next? Meme coins, old school cryptos, L2s, gaming? The answerer is all of the above... duh. If I had time I would scour the crypoverse looking for...
On the daily chart. DOGEUSD appears to be at the support line of a symmetrical triangle pattern with about 30% upside to the pivot high in early December. The RSI lines are stable and flat sideways in the 40-45 range. The zero-lag MACD shows lines near to the horizontal zero level. The Fib tool suggests that a retrace to 0.09 is a reasonable target...
📈Today, I want to check the Blur(BLUR) project for you, which can increase by at least ➕40% in the coming days. 📚What Is Blur (BLUR)❗️❓ 🔸 BLUR is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace...
Ethereum (ETHUSD) almost hit our 2450 Target on the last buy call we made (November 17 2023, see chart below) before it started to consolidate at the top of the 1.5 year Channel Up: However it did turn out that the consolidation Megaphone, similar to January's, was the one that started on December 09 2023 and not before, as on our previous analysis. For that...
📈 Strength in Performance: Unlike other altcoins that experienced corrections, STX has shown remarkable resilience. Quick recovery from the recent dip indicates a potential strong performance in the coming days. 🚀 Buyer Dominance: Despite heading into a resistance area, buyers seem to be in control.
First and foremost allow me to wish everyone here in the TradingView community a Happy New Year and a prosperous 2024! What a better way to start the year than Bitcoin (BTCUSD) breaking above 45000 mark, a level it last visited on April 06 2022. Every Cycle can be seen trading within a Megaphone pattern with the parabolic rally illustrated by the dotted curves....
It has been a little over 2 months since our last analysis on Polygon (MATICUSD), which eventually hit our 0.7000 target (see chart below) and has now broken above the 1W MA100 (green trend-line) for the first time since March 13 2023: As you can see on this 1W time-frame, we are about to get a Bullish Cross between the 1W MA50 (blue trend-line) and the 1W...
Solana has experienced a strong growth from $17 to $68. Currently, the price has stabilized, and the selling volume is increasing, indicating that there may be a correction. My idea for this period is to wait and buy at Fibonacci retracement levels. We can gradually buy at $48, $42, and $36. The target for the next price increase will be $85. Keep an eye on the...
A daily chart on BITCOIN is very simple to dissect, what BITCOIN will do from here is not so easy to work out. The idea is to plan for what to do at the key levels and everything else in-between is just noise that wants to take your money. How I see BTC is what you see in the chart: - The immediate attention is drawn to the ascending triangle BTC currently...
Hello All, There seems to be a confluence of patterns that are all lining up at one point on the charts, 31.1k. The Bat in Red, Shark in Blue, and Butterfly in Purple. There surely will be a reaction at this level. Whether this is a pivot to see lower low's past the 24k mark is unknown. There certainly will be a reaction up here though. Thanks for viewing my Idea!
#BTC here is the true 5 waves, 3 looks shorter because its on log, to fit on screen (put it on linear for yourself), when in reality 3 is much larger than 1 ... wave 3 is often the longest but NEVER the shortest.. This will end up being a wave 2 correction in the macro IMO
Hi Traders! We are sharing our Trade idea with You
BTCUSD broke out of the consolidation area previously discussed, but the move to the upside was held by the downward trendline and the 38.2% Fibonacci retracement level (yellow dotted line). Although the bullish trendline has been broken, the upside for BTC is still anticipated, as long as the price stays above the support level of 28830. If BTC does break below...
Breaking free from a falling wedge pattern, BTCUSDT is showing strong potential. Despite moderate volume, the recent close above the falling wedge is a promising sign. Keep a close watch as this breakout could mark the start of a bullish trend. Stay informed and trade wisely! 📈💹
be careful and aware from market this one is risky but on daily tf and harmonic is always reliable.......
The price moved towards the POI area after the cash collection and then moved lower after reaching the $1920 area. In the coming days and next week, the target price will reach 1830, 1740 and 1690 dollars. Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 ONDANAFX : @ONDANAFX 📅...