Today, BTCUSDT is showing signs of recovery after a series of steep declines, currently trading around $66,500 with a daily gain of 1.38%.
However, it's still amidst a price correction phase and it's unclear if the bullish trend is back, as it remains capped below the resistance level at $67,600.
Additionally, the bearish trend still seems favored as the...
I always have ideas for both buy and sell ideas but i am seeing the sell side waves filling out much more clearly and i would expect a nice drop here, into the halving date and set up a nice long-term entry buy position.
Bitcoin is forming a double bottom and a falling wedge formation
this could indicate an extremely bullish scenario where we see bitcoin fly past $73,000
Take caution when executing the trade
as a Triple top formation can also lead to a bearish case leading us straight to $58,000 or $59,000 on the low end
Bullish Case is 90% Scenario
Bearish Case is at 10%...
TOTAL3 looking short-term bearish. Possible Doom narrative to come for final shakeout before ALT season begins. My guess is that we will also see a correction is BTC and crowd sentiment drops but BTC.D rises. Then we get a higher high in BTC.D and BTC explodes higher (just as the crowd gives up on BTC). This BTC explosion will be followed Alt season number one....
➖ Bitcoin produced a new All-Time High followed by a rounded top pattern.
➖ Bitcoin is now moving within a lower high compared to the newly established ATH.
Any trading below the ATH —such as is happening now— can be considered a SHORT opportunity.
The stop-loss can be set above the ATH.
Below the full numbers...
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SHORT BTCUSDT
Leverage: 8X
Buy-in:...
Hello Trader BINANCE:SOLUSDT.P
It has retested the area and is valid to continue the bullish breakout area
take profit 18%
stop loss 4%
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Disclamer: Not Financial Advice
Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price reached the 70000 resistance level, which coincided with the resistance zone, but at once turned around and in a short time declined to the 62000 support level and even lower support zone, reaching the trend line. After this, BTC soon rebounded up, breaking the support level again, and...
If the premise of a trend reversal is going to come to pass we need to see rejection of the attempt to trade at a new high.
The breakout looks much more promising now but when you look at a lot of tops you find many of them have wicks slightly above the high. I believe these are referred to as "One tick traps" (I just call them stop hunts).
If the breakout can...
💎 Paradisers, the recent market activity surrounding #BAKE has indeed captured attention. Currently positioned within the bullish OB area, there's potential for BAKE to find support and initiate an upward trajectory.
💎 Should this materialize, BAKE may test resistance levels, with a breakout signaling bullish sentiment and potentially leading to further upward...
- 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...
📉Hi Traders, Investors and Speculators of Charts📈
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action.
Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential...
WAR has nothing to do with BTC price.It is only the matter of liquidity .1st BTC took BSL and then SSL .54k to 58K is the weekly zone of BTC ......SO kindly be patience and w8 for this zone.......for spot buyers
After the Black Swan, BINANCE:BTCUSDT went down, wiping out tons of positions. As we can see, the market is continuing to move downward, even though there are a there are a couple of days left until the halving. It could be two scenarios. First, take liquidity below the key level of 60K, then move upwards. The second scenario is sweeping the local highs and lows...
