📈 BTC/USD: Short-term Drop with Upside Potential 📉 Recent USD weakness fueled a rise in BTC 🚀. Now, with the Dollar initiating a pullback, I anticipate a short-term drop in BTC/USD. After that, I'm looking for a continuation to target the $31,500 level. Here's what to keep in mind: - USD Influence: Recent Dollar weakness played a role in BTC's ascent 📉. -...
Hello Traders, 🔹BTC has a good entry at zone 26,500-27,000 🔹Target is 30k and RR : 1:2.6 Manage your capital correctly and carefull, Goodluck to you !
BTCUSDT Near The Breakdown 1. Below the 50EMA 2. Blow The pivot Line 3. Near The Breakdown
As we all know, Bitcoin has experienced an unprecedented rally over the past year, reaching new all-time highs and capturing the attention of both institutional and retail investors. However, recent market movements have raised concerns about the presence of bearish forces attempting to control the price and limit its upward momentum. The idea of bears...
BTCUSD is neutral both on the 1W (RSI = 53.284, MACD = 507.200, ADX = 28.424)) and 1M (RSI = 49.845, MACD = 467.000, ADX = 18.857) timeframes, an encouraging outlook as it is recovering ground from the 2022 Bear Cycle. This is a chart illustrates quite accurately the Cycles of Bitcoin, transitioning from Bear to Bull and vice versa. Right now we are in the retest...
BINANCE:BTCUSDT moves with good price action in time frame, both Option seller and buyer are making healthy consistently profitst.
Bitcoin has completed seven weeks of trading inside the 1W MA200 - 1W MA50 range. It is no surprise that the 1W technical outlook is neutral (RSI = 50.743, MACD = 460.600, ADX = 25.554) as while the 1W MA50 has been supporting, the 1W MA100 has been resisting. The latter hasn't closed a 1W candle over it since April 25th and is at the moment the top priority to...
Hey there, Bitcoin enthusiasts! Today, I want to share with you about a popular trading strategy that I use everyday, with Fibonacci Moving Average (FMA) numbers. I'll zoom in on the 4-hour chart to get a closer look at how it works. This strategy can provide some valuable insights into what's happening in the market, and I'll break it down step by step. EMA 144...
Bitcoin swept the lows yesterday and with these couple of days of pushing to the upside we could see some downside today specially with DXY pumping.if dxy retrace we might legup to 28.1 or higher. Thanks for your support as always
Bitcoin is on the second green 1D candle in a row trading on neutral 1D technicals (RSI = 46.543, MACD = -510.500, ADX = 23.740) despite being at the bottom of the 2 month downtrend, almost on S1 (24,800), which was the June 15th low. There is a significant bullish divergence on the 1D RSI being on HL as opposed to the candles being on an LL trendline. This is an...
Technical Analysis: - BTC is doing wave (3) in blue which is part of wave ((1)) in black - When wave ((1)) is completed, we expect a ABC correction in wave ((2)) in black around at 32,500 - H1 & H4 right side is turning up Technical Information: - We only consider the buy opportunity in wave (4) in blue once it's completed
Today's focus: Bitcoin Pattern – Range test Support – 25,600 – 25,280 Resistance – 26,080 – 27,630 Today, we have run over Bitcoin. We have broken down current price action with our thoughts on what we see over the longer-term and short-term price structure. Sellers continue to push at buyers in the short term after buyers made a quick push higher last week,...
Watchout the monthly levels of Bitcoin and Ethereum . From last 5 years Bitcoin was closing negative in September month but this year it seems we might see positive closing. Let's Hope for the best and Have a blasting month
1-Volume Matters One of the key indicators we always keep an eye on as traders is trading volume. It's no secret that strong buying volume often precedes significant price increases. In the context of Bitcoin, a surge in buyer interest can fuel a bullish rally. Currently, Bitcoin is experiencing a period of consolidation, and trading volume has been relatively...
Bitcoin just dropped to the marked order block and a bounce of 0.702 Fibonacci Level. Cannot get any simpler explanation than this. I really hope the fundamentals dont come out to be reckless for my analysis.Lets see SL 4H CANDLE CLOSE BELOW 25K BUY THE DIP ! DO PROPER RISK MANAGEMENT ! This is only according to my analysis. NFA
BTC when accounted with M1 money supply shows where it's heading.
Traders, Technical indications have now gone bearish but my portfolio still remains long overall. So, what am I waiting for? And, when will I begin selling? I'll show you in this video. Stew
Simplicity makes the perfect. The Exponential Moving Average (EMA) is a key technical indicator used by investors and traders to identify market trends over a specific period. When it comes to Bitcoin, the EMA120 level has proven to be a significant indicator of long-term trends. A breakout above this level could signal a strong upward trend, making it an ideal...