There is still demand for a rebound, so you can go long first and observe the resistance. If you can't break through, go short.
Trend line broken and near support. Can expect a further fall if the support is broken at 61000.
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 67500.0 ⭕️SL @ 68820.0 🔵TP1 @ 64000.0 🔵TP2 @ 60800.0 🔵TP3 @ 55550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
BTCUSD: It is currently located near the resistance level, and the strong resistance is near 72400. According to the 30M chart, the transaction should be short first, pay attention to the support and strong support before conducting long transactions. In the 2H chart, the MACD indicator is biased towards the long side. You can choose to go long near the...
Hello dear friends, I hope you're doing well. Currently, Bitcoin is in a ascending channel. Given the ongoing conflicts like Russia-Ukraine, Israel-Hamas, and Lebanon, people's excitement for buying is natural. In my opinion, two scenarios could unfold: 1: Due to people's emotional behavior and speculative pricing, after reaching the FVG range around $73,000,...
OANDA:XAUUSD Gold retreated below $2,340 after failing to stabilize above this level in the European session. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.5%, making it difficult for XAU/USD to gather recovery nomentum.
When this MA crosses that MA, it could be a signal indicating a potential change in trend, thereby providing you with a good entry opportunity. The price quickly moves upwards after breaking above the upper edge of the rectangle. If we have a buy order placed at the upper edge of the rectangle, we have made a profit. Just as the rectangle declines, here, once the...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
In my opinion, price on the daily to lower timeframes has become bearish. This feels like the top of the market. People are very hopeful. Once I get my invalidation I am out. Anyways, to get to the point, in my opinion, if support at $63,000 is lost, continuation lower to $37,000 is likely. Below $37,000 I would expect continuation towards the multiyear support at...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Bitcoin (BTC) hit $72,650 on Monday, the highest level in almost four weeks and liquidating $55.72 million in short positions, according to Coinglass data. The 4% daily increase comes about 10 days away from the Bitcoin halving. Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price...
In the volatile landscape of cryptocurrency, my latest scrutiny of BTCUSD has highlighted a prime SHORT opportunity. The digital currency exhibits signs of a potential reversal, struggling to breach and hold above critical resistance levels, with price action forming a series of lower highs—a bearish indication. Technical indicators, including a bearish divergence...
In today's financial landscape, Bitcoin (BTC) continues to capture attention and spark discussions among investors worldwide. As a seasoned financial analyst, I bring you insights into the latest developments shaping the BTC market. Bitcoin's recent price movements have been dynamic, influenced by factors ranging from institutional adoption to regulatory shifts...
On the chart you can see my entry points as the bitcoin bear cycle continues.
Hi Traders BTCUSD price is ready to fly BTCUSD currently experiencing worldwide Up trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level BTCUSD BUY FROM 66324 TARGET ZONE. 70307 If this post is useful for you You can support me with like And advice comments
HELLO TRADERS !!! As i can BTC is just completed our last given target as we had mention in our previous buying setups which is attached with current chart in comment sessions friends it had created a technical pattern which is cup shape as we can see technically it had created a double top and now rejecting from that resistance zone we are expecting it to...
As seen in previous analyses, we have reached and broken the target ($67,000). We are now operating in a pivotal zone that could either continue selling and break the rectangle from the bottom towards $63,000, or break it from the top and rise back to $67,000, which has now become a resistance zone after previously serving as support. As indicated by technical...
In the fast-paced world of finance, few assets have captured the imagination and sparked as much debate as Bitcoin. As a seasoned financial expert, exploring the intricacies of this digital currency unveils a narrative brimming with innovation, volatility, and transformative potential. Bitcoin's Genesis: Born out of the aftermath of the 2008 financial crisis,...