Hi Traders, Investors and Speculators of Charts📈📉 After closely monitoring the market trends following our previous idea of shorting until the FWB:25K mark, it has become apparent that there is a notable increase in selling activity. Despite witnessing a decent rebound at the FWB:25K support zone, it was met with an equivalent level of selling pressure,...
Bitcoin facing the bullrun support/resistance flip while dollar is gearing up for a double bottom For both pairs there were similar pattern in the past what you can see below If dollar completes the target of the potential double bottom then you can probably see bitcoin making a move back to support for a potential double bottom aswell
Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 A quick analysis on Bitcoin. Over the weekend we may see some volatility as the bulls and the bears battle on the current support zone at ...
Bitcoin futures closed slightly below the $30,000 mark (at $29,910) last Friday. However, the price took a nosedive over the weekend as Binance temporarily halted Bitcoin withdrawals and transfers, citing an overwhelming number of pending transactions. On Monday, Bitcoin futures opened at $29,105 and continued lower toward the $28,300 price tag where they...
BINANCE:BTCUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The goal of looking at a chart from a Macro time frame perspective is to identify the current market phase / cycle....
Friends, Bitcoin also seems to be supported and can have a good rise. I specified the targets based on the harmonic pattern. The first and second targets have hit the upside and we are waiting for the third and fourth targets. Good luck Karim Heydari Financial market expert and analyst and member of the faculty of computer engineering department
Bitcoin dropped approximately 12% from its recent highs. By doing so, it retraced toward its 50-day SMA, which acts as an important support level. In addition to that, MACD, Stochastic, and RSI started forming bearish structures on the daily chart, causing us to be very cautious. Due to that, we will pay close attention to the stock market (especially Nasdaq 100),...
In the past five months, we showed multiple odd developments on the 1-minute charts, which included sharp upticks in the price of Bitcoin, often leading to new highs which lasted only a few seconds during the weekend or shortly after the close in the futures market (in generally illiquid markets). In addition to that, we noted that many of these price movements...
Since our last update on Bitcoin, not much has happened in the cryptocurrency market. Bitcoin oscillated between $27 000 and $28 500, finding strong resistance around this level. Meanwhile, volume continued to decline, still raising a question about the rally's sustainability. Overall, the bullish trend started to weaken, turning more into a neutral one. However,...
Friends, if we want to analyze the divergence of Bitcoin in the daily time frame, we had a descending divergence in the ceiling, which was corrected, and we have an ascending divergence in the bottom, where we see the rise of Bitcoin. So, the last divergence in the floor has happened.
Bitcoin had a massive rebound (almost 50%) following the failures of Silvergate, Signature, and Silicon Valley Bank. It's hard to believe given the lack of financial stability of some banks and the uncertainty in the markets that BTC would have such a big jump within a week, but technically speaking this move is very bullish. Considering this, I could see BTC...
Bitcoin technical analysis: The possible target of Bitcoin is determined based on the Euro. Good luck. Karim Heydari
Bitcoin technical analysis: The first target of bitcoin is determined according to the harmonic pattern, but it is currently involved in the barrier of $27,750, after crossing it, we are waiting for the first target of $30,950.
Following bitcoin support and resistance lines. Entry: $24,100 - $24,400 Take Profit 1: $26,000 Take Profit 2: $27,000 Stop Loss: $22,500 Enjoy my free analysis. Please give me a boost (rocket!) and a comment. I like to hear your feedback. For more analysis, follow me. Success trading! Cheers uNickTrading
Bitcoin technical analysis: My friends, I see this bullish pattern daily. Good luck Karim Heydari
I'm watching the DXY carefully. It is long overdue for bounce since peaking in September. With the DXY threatening to spike and Bitcoin jumping 66% from the $15k lows to a key resistance level at $25k, it wouldn't surprise me to watch the DXY to run for a bit while Bitcoin retraces. Naturally it makes sense if the dollar index becomes stronger that every thing...
Not much has occurred since our previous update on Bitcoin. Therefore, we stick to our last assessment and remain bearish with price targets at $15 000 and $13 000. However, we want to reiterate that the short-term trend reversal has not been confirmed yet. Illustration 1.01 The image above shows the daily chart of MACD. We want to see it fully break below...
Bitcoin technical analysis: Due to the fact that the price of Bitcoin is in the low area of the harmonic trigger, we expect the price to reach the specified downward targets.