So now at the high but feeling biggest crash is coming in December and early months of 2024… Good news is halving is coming along with a bullrun and the bad is news bitcoin has to make new lows for the next bullrun. So what I see is almost 40K yay but can predict the biggest fall and bull trap in history. Right now we might expect higher interest rates that can...
I shared this on X yesterday, when I noticed that Bitcoin had formed and was breaking out of a bullish descending wedge. Zooming in can often give you clues as to when a chart is ready to finally break out of consolidation. Now have a new support at the previous highs, $38,480.
Bitcoin is not messing around. While many would point at the "ascending wedge" that is forming, anyone who has seen Bitcoin in a bull run knows that this is generally just a series of higher lows consolidating hard into resistance and that they usually break... up. Bitcoin continues to push harder into this key area of resistance, hitting the EQ so far today...
Nothing serious here, just speculating. i'm an amateur so be gentle :)
One of the most challenging aspects of trading is factoring for time. It's true that we can't predict one candle to the next. However, it's also true that we can forecast areas price is likely to reach and react to well into the future. It's as if markets conform to a higher degree of order. They are certainly chaotic and random to a certain degree but do respect...
BTC long Open price @35300 SL @ 33800 TP1 @ 36264 (half position) TP2 @ 39800 (half position) Risk 2% RR = 2 Buying what appears to be a wave 4 in BTC. The retracement has already extended to the 23.6% of wave 2, indicating a potential buying opportunity.
Taking a Closer Look at the Month Ahead, Keeping It Real with Fundamentals and Smart Money: Feeling Positive: Right now, the market's riding high on the bullish vibes coming in from the BTC ETF. But, you know the drill – "buy the rumors, sell the fact" – so, let's tread carefully; there might be a dip on the horizon. Downsides to Ponder: Not much negativity to...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart There are two NASDAQ indicator announcements today at 10:30 and 12:00. It is also the end of the month, and the...
BITSTAMP:BTCUSD Any Suggestions about the chart? Will it get rejected or breakout? share your view. My view is Bearish
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Bitcoin just broke out of a falling wedge on the 1 hour. From what I understand these aren't the most reliable on such small time frames. I think it could push it up a bit and maybe to the top of the larger rising wedge. The red line is short term support. It could break up out of this wedge and make higher highs past the resistance OR, If it breaks that red...
📰 Double Whammy: Bittrex Shutdown and CZ's Legal Woes Unsettle Crypto Markets! 🚨 Bittrex Shutdown Impact: Despite the looming closure of Bittrex Exchange on Dec. 4, BTCUSD on the platform soared to $46,000, creating a buzz in the crypto sphere. Explore the chart: 🔒 Binance's Legal Turmoil: Adding to the turmoil, former Binance CEO Changpeng Zhao (CZ) faces...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Now its all about how long you can hodl your portfolio. Its not about the brain. Its about the stomach. Can you stomach those 40- 50% corrections of the portfolio that are inevitable in between the pumps. This will determine if you make a killing or not.
According to the behavior of the price in the resistance range, the continuation of the movement will proceed according to the specified paths. It is likely that the continuation of the upward trend will have more chances
Entered this short after a several failures into 38000 level in $BTC. Stop will be 38600 or if we start accepting above 38000 level. Will start taking profit at middle of this H1 range around 36750 and the ultimate target is range low at 35600. This is now close to being stopped, will follow my plan until I get proven wrong.
If you take the red line and the support below, go back on the charts to the last bull run, you'll notice that it's bullish when it holds that spot on the weekly. It fights with this level and the first time it hit it it broke through to about 41k and then tumbled down 10-11k to around 30k, then again after the last bull run burst, it retraced again about 10-13k...