Bear pressure is far from over for crypto I'm still shorting most coins and BTC is falling to find any real bullish structure. I would like to see price fall towards 0.70cents, a break below would send us way deeper.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for June 4th...
Bitcoin is about to pop slightly higher maybe to 44k and then crash hard.
The sp500 is also going to crash over the next couple of weeks.
Oil is also going to crash.
Something big is coming, get excited :)
I want to let you see some levels on dominance.. I dont like to chart the dominance but it respects some PA. What we here see is that altcoins will bleed more and more then BTC. This means we can see a dominance of 50% - 51% and thats not so good for altcoins. I think the altseason is finished for now. BTC needs to make his move up and stabilize on a good support....
Here is a buy analysis on Ripple. Currently waiting for the market to break below its temporary support zone as a liquidity hunt, bounce off the highlighted entry point then slowly make its way up to $2.
I will be cashing into this move on behalf of myself and my Account Management investors. XRP is not a pump and dump coin like the rest, this here is something...
BITCOIN ANALYSIS. I caught the sell on behalf of my crypto fund investors from $57,800 (start of wave 3) & closed out my position at $31,106 where I opened a short term buy & closed in profit this morning. Currently looking at a correction on Bitcoin TO $47,000 or just a breach of the ATH so banks can manipulate new buyers into opening positions, before price...
After the huge move down recently, we are now at a pivotal point for Bitcoin. The important price to watch is the $40K - $42K level where we had previous structure and the 200EM and the 100EMA.
If we see any ascending correction on the smaller timeframe, we can assume that the bearish leg is not yet over. However, if we do break the level indicated impulsively,...
Following the last Dogecoin analysis, we saw an almost identical pattern play out. We are currently in what looks to be a bullflag. Watching for a breakout to take this even higher!
Goodluck and trade safe.
Price approaching an area where we have multiple confluences:
- 100EMA Support
- 78.6 Fibonacci
- Trendline Support
Wait for buying pressure on smaller timeframe near the 78.6 fibonacci.
Safe entry would be after the break of the descending trendline.
Tron is approaching 2 high value areas to buy.
- Flat Triangle Support
- Previous Structure
- 200EMA Support
- Major Trendline Support
Will monitor closely to see what area the buyers come in. A safe approach would be to wait for the descending trendline to break before entering.
Bitcoin is dropping from my last danger zone, now I am predicting a new one around 55k.
We can drop straight down from here but most likely we will have one last bounce higher to 55k before dropping.
Price target is 15-20k.
Short BTC. Haters Welcome.
Ethereum had a really nice bull run. As with all big momentum moves, price needs to correct to collect more orders before resuming its trend. In our previous analysis, we posted both a short and long scalp idea which played out perfectly!
From the chart can see that the 0.5 fibonacci lines up with a previous level where price reacted heavily. It could be that...
The Shiba token can remain under a penny and still outperform Dogecoin in the long term according to its founders. We are currently at the very bottom of price. Buying it anywhere here could possibly make a fortune if this turns out anything like Dogecoin!
Watching closely for a breakout to indicate a momentum to the upside.
In our previous analysis, we spotted the ABC corrective wave back to the major 61.8 fibonacci.
There are multiple confluences around the $42.5K level, which are:
1) 61.8 fibonacci
2) Previous Structure
3) -27 fibonacci of the ABC corrective wave
4) 200EMA Support
5) Major trendline support
A lot of confluences, which would make the $42.5K area the best place to...