#bitcoin price is declined hard from the top of the falling channel and 66600 #usd (getting more interesting) resistance zone. Now, #btc has weakened structure in short term. Chart formed bearish head and shoulder pattern. I expect bearish continuation with choppy moves , dead cat bounces etc. The target may the bottom of the channel 57 - 58K zone. Also there' s...
MARKET OVERVIEW A weak bounce in the market this week, which lifted stocks modestly off their lows though most stocks are struggling to recover a significant portion of their recent losses. Tonight, Meta Platforms ( NASDAQ:META ) is adding more downside pressure on growth stocks after it announced weak guidance numbers and the stock collapsed $75 lower in...
Bitcoin (BTCUSD) has successfully tested and held the Mayer Multiple (MM) Mean (red trend-line) and is now consolidating. As you can see by the green arrows, this is the point where historically the most aggressive part of the Bull Cycle begins, as even in the occasions where the MM Mean broke marginally (July 2013), the rebound that followed was even more...
BINANCE:ETHUSD is declining following BTC on the back of the crisis in the Middle East, but the price still has not left the sideways range and even more so has not passed through the risk zones, which still leaves the coin in a favorable prospective area Ethereum is trading in a bullish plane, above the previously broken resistance of the upward range, which...
BINANCE:XRPUSDT is forming a technical false break of support, in the long term consolidation above the zone should be formed with the purpose of continuation of growth, the potential of which can be opened by 50-70% The price on W1 is squeezed within the triangle. Another attempt to retest the resistance zone is being formed. At the moment, the market is...
BINANCE:BTCUSD is testing 71572 and forming a false breakout, I have emphasized our attention to liquidity above this level in a separate idea. Trading inside the range after capturing liquidity continues and the market appears to be preparing for a halving. (April 6 idea: BITCOIN → Trading inside a sideways flat. ↑ 75K or ↓ 60K?) The false break of...
This is an update to my previous Bitcoin short idea. Price reached above 50% of the range which means it has reached the minimum premium for shorts being viable. I will monitor price action in the current Daily Order Block and see if we move lower from here. There is a resistance trendline with Buyside liquidity so we may still reach higher into the zone from my...
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 📈 Live Analysis Incoming! Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com 🚀 The Breakout Chart Breakdown Witness the...
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 Part1 was a Legendary one with amazing, pin-point precision from miles away: 📈 Live Analysis Watch thean in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream:...
🚀 Breakthrough the Resistance: BTC's Path to $79,500 Post-Halving 💥 Hey Traders, The FXPROFESSOR is back, analyzing charts and bringing you the latest scoop from the crypto world. After an eventful time at the Dubai expo, it's time to dive back into the world of Bitcoin, especially post-halving. We've experienced a dip, partly influenced by the global...
Bitcoin's challenge with the resistance zone is evident; it's yet to muster the strength to break through. Presently, I'm anticipating a potential decline. Keep an eye on this space for updates.
As BTC trends up these past few days, it has formed this bearish ascending wedge on the 4 hour. It is something we should be tracking as we get nearer to a break down. Stew
Bitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency stall around this level before potentially reversing to drop towards the 1st support? Pivot: 67,959.86 1st Support: 64,549.56 1st Resistance: 71,123.59 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...
Bitcoin buy position running 220 PIPS in profit since I posted this analysis. Nice move up so far, with much more expected towards a new all time high!
#bitcoin price now testing the 1D ichimoku cloud resistance and also newly claimed 4H cloud. With 59K dip, #btc surged a bullish inverted head and shoulder pattern and bounced well. Now, upper orange box is the deadly resistance zone. Why? Because, #btcusd formed a wedge for 2 months, price breakdown the triangle and now hanging below the triangle. If ...
30 Min Supertrend / Ehlers VIDYA Stragety. Significant touch back to 60K price level. BTC failed to make a NEW all time high after the 73.6k new all time high was achieved. Upon failure, new lows have continued to 60k. 30m Stragety signal shows support @ 60k touch. Stragety signal and NEW UPtrend will confirm the 60k BASE, with a Heikinashi close @ or...
Last week, BITSTAMP:BTCUSD tested the waters at the important 62k support level and even dipped below it momentarily, driven by news regarding tensions in the Middle East. However, after touching the significant 60k mark twice, the price swiftly reversed, signaling a false breakdown. The price quickly rebounded above both the horizontal support and the...
Bitcoin (BTC/USD) has made a bullish reaction off the pivot that has been identified as a pullback support. Could this crypto-currency potentially bounce higher towards the 1st resistance? Pivot: 61,137.02 1st Support: 52,090.03 1st Resistance: 71,810.70 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...