Bitcoin (BTCUSD) hit and broke yesterday below the 1D MA100 (red trend-line) for the first time in more than 3 months (since January 23 2024). This is progressively turning the majority of news and traders across the market bearish and in full confidence of shorting to even lower prices. Should long-term investors panic? The answer appears to be 'No' and in fact...
Bitcoin has confirmed another major breakout on the long-held support created at the $60k region. Here I witness a breakout and pullback price action which indicates a potential downside shift toward the next support created at $51k zone. If the bearish sentiment creates the required selling pressure, we may see another hard dump towards this price zone. Watch...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Bitcoin has been on a rollercoaster ride lately. Fear is palpable in the market, with the Fear and Greed Index dipping into "fear" territory. However, could this be a buying opportunity disguised as a downturn? Let's analyze the price action and explore the...
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
""The time to buy is when there's blood in the streets." A quote that most traders are familiar with. It basically means to buy assets during periods of weakness. Bitcoin is currently experiencing a very volatily bearish period. With a daily RSI sitting around 32 points, it takes just one red day for the daily RSI to hit oversold levels. During strong long-term...
- Quick update and not a price prediction, just to give a general idea. - Timeframe is only H4 ( and i don't like too much small TF, lot of noise there) - Just to monitor the PA between 72k$ ish and 60k$ ish. - this PA could form a ranging consolidation to the next leg. - if BTC dip again, the next support is around 50k$ ish. - Keep things simples. - I don't...
📊Analysis by AhmadArz: Short position : Wait for break 59.500 Wait for complete pollback Maybe it will happen in the halving ✨52.000 & 44.000 Good zone for again investing 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial...
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price rebounded from the trend line and rose higher than resistance 2, which coincided with the resistance zone, thereby breaking this level. After this, BTC started to trades inside the resistance zone, but later it made an impulse down to almost trend line, after which at once turned around...
Morning guys, So it seems we've correctly reversed our position down from 62K area. Today we increase the scale a bit and take a look at daily chart. Indeed BTC has broken triangle down as we've suggested. But it is more important that it also has broken K-support level and only oversold stops the downside continuation. This makes us to consider next downside...
With the price having broken down from the 200-day Moving Average (200MA) and the Relative Strength Index (RSI) turning down from the overbought level, the price action on Bitcoin is signaling increasing strength for a possible reversal. However, to continue trading significantly lower, BTCUSD would have to break through the price area of 51,000 and 56,000. And...
#BTC.D (Market Cap Btc Dominance) Update BTC.D is getting a Good rejection from this fib level 0.5 to 0.6 . Here we can sea good drop here. In results of this drop we can see big pumps in Alts Coins.✍ If BTC dominance falls, and: the price of BTC is falling, so the entire market for digital assets is going down. the price of BTC is moving sideways, it means...
#VGXUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze VGXUSDT today. Trying to Breakout the Falling wedge in 12H time frame. Incase of Upside Breakout Expecting Massive Bullish wave📈
This analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA...
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is in retesting period. In this retesting we can see a good drop in price. We can see price around 2200 soon. Keep in touch we will update further soon.
#BTC On this chart I highlighted important resistance levels to keep an eye on: 63096 66899 70033 Especially, we may see strong rejection from 63096$, there currently Daily 50 ema is crossing, + FVG levels on smaller timeframes are laying there.
Bitcoin struggled to make a strong ascent and is now approaching the resistance zone with difficulty. Consequently, I anticipate a further decline, at least to retest the support zone.
Hello friends, I think it will be a Huge Yellow (B) More analysis indicate to it, and I will confirm it in the coming days when I catch the confirmation. first I need to confirm the ending of Blue (W) Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment. Thanks, Bruce
#HIGHUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze HIGH today. HIGH is making Bullish Pennant has Already Breakout in 1W time frame. We can see gain here up to 100%+ profit 🚀