A very important price support that I expect a good price reaction Everything is specified in the chart
#Bitcoin "Sell off" - Why ? Firstly, it is all a very well measure correction, what is sold, is bought up. SO, This CORRECTION of Bitcoin is NOT panic selling, as supported and shown by by the most excellent @_Checkmatey_ and @_checkonchain via X OnChain data tells us what is Really happening. We are seeing more the continued movement of GBTC stock. The...
#Analysis of Bitcoin Time 1D The price is currently at the bottom of the range channel, and it is expected to reach the bottom of the channel, we can have it, and in case of a lower time break, we can see the continuation of the upward trend up to the top of the channel. If the bottom of the ascending channel is lost, the return zone is the 52K price zone
The cryptocurrency trend was mixed over the past 24 hours ahead of the Federal Reserve’s interest rate decision tomorrow. The benchmark interest rate is expected to be left unchanged at 5.25 percent; a 23-year high. Investors will instead carefully analyze the wording about its future path. Some analysts expect three rate cuts later this year, while others...
Hi, welcome to my analysis, Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday. this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608 and if this Fibonacci support is broken, then the following support will be at level 60211. The bullish target for BTC this time is in the range...
I was bullish on BTC until last Friday before the WAR news broke. It was beautifully making a bullish penant which 70% breaks towards the upside. However, it didn't happen this time and it broke towards downside and confirmed. Since we now got the confirmation of breaking downwards, I am seeing further downside now. Currently trying to bounce from 0.382 fib...
Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels. I see three Scenarios: 1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...
In my opinion, if Bitcoin breaks even $60,000 It can easily target the desired number, 54
BTC is showing speedy downwards movement right now, but here is our analysis. As we have said in the last post, BTC is going to hit the zone marked in green and now you can see BTC is already in this zone now. It will grab some liquidity as mentioned and after that it will sweep a little below forming deviation as marked in the chart which is exactly 50% of the...
A probable strategy for corrections and impulsive moves of #bitcoin #btc in 2024. Not financial advice.
Trading during the accumulation phase in the Wyckoff method involves identifying potential accumulation zones and entering positions based on signs of accumulation by smart money. Here's a basic guide on how to trade during this phase: 1. **Understand Accumulation Phase**: In the Wyckoff method, accumulation is the phase where smart money (large institutional...
Bitcoin seems the last day in a broken downtrend with here and there what stability. There are some important levels if BTC can hold them, we could see a new uptrend weekend, which weekends are known most of the time on their stability volume. The trend of now. BTC trying to find the right way to get out to new building volume, out of the playing trend. Can...
The area where bitcoin can move for one to several days until it is broken on one side is between the green box which is support and the lines above the heads of the candles which is resistance. If the green box breaks, the lower numbers will be active. became
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (Futures) 1h Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 62565.0 ⭕️SL @ 61339.0 🔵TP1 @ 66222.0 🔵TP2 @ 67890.0 🔵TP3 @ 71266.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
So I was looking at Crude on the weekend and I couldn't determine a clear direction for Monday. Now Monday Is almost over and we Have disrespected the Mean threshold of the Daily +OB I do expect price to be bearish and heading down towards the Daily FVG. An Good indicator on the Daily we have respected the WEEKLY ifvg CE. These things are very important to...
first we go to 51000$ then we go for 120000$ on my chart you can see if you see😅
THIS CHART IS BASED ON HISTORICAL DATA Let’s get to the chart. Keeping in mind that this chart is based on Bitcoin at this time, it's quite important for the coin. Looking at historical prices, if we examine the first example, focusing on the first bit between the 2012 halving, the month before the halving was actually relatively neutral. We saw a slight uptick...
Hello Traders As I can see BTC is now trading above the 60K$ after hit ATH and i CAN SEE A BULL FLAG HERE !!! If price does not break given Stop Loss level, then it can create a big move so don't miss it its a very low risk-based entry and higher rewards Friends Supply and Demand is issue now with BTC price it had HIT ATH and now retrace more then 14000$ its time...