After you have seen many analyzes that tried to define the market trend with all kinds of lines and drawings, I presented this simple analysis and as you can see, it showed interesting reactions to all the marked market prices. Bitcoin price did not reach 10,000 and purely technical analysis could not analyze the real market trend. Now it's time to put...
1) RSI is forming a reversal pattern on the 15 min chart. 2) Price chart is forming an inverse H&S. 3) I keep seeing higher lows on the lower time frame chart. 4) Two important resistance levels are ahead which could be set up as sell targets for short term traders. 5) I’m not trading this idea. It’s just an analysis for practice and food for thought for short...
Just a thought. Macro still bearish from ath but etf news has helped with bounce. Let's see how it plays out. Short term correction then possible new leg up
Hello, dear friend! Bitcoin is in strong uptrend on higher time frames, but on the 4h we can see the potential sign of weakness. Of course uptrend will continue till $50k, but now we expect the local correction. We have already seen the bearish reversal bar and momentum change on the Awesome Oscillator. But anyway the uptrend will continue after finding support...
Deep premium 1w imbalance full fill. Want to see stop raid of buyers below equal lows.
Hi traders, Last week Bitcoin went up more slowly. The way it goes up with overlapping pullbacks looks like an ending diagonal. So I think wave 5 (grey) has not finished yet. It could go up a little more and after that drop for the bigger pullback (orange wave 4). Let's see what the market does and react. If you want to learn more about trading with supply...
BTC UPDATE: BTC is currently holding 1hr support strongly and also the price is on 15mins TF bullish OB. We might see pump from here to 39k or 42k before drop down to 31.8k to fill the imbalance there or we see a liquidity grab towards the 1hr bullish OB at 36.5k before pump to the mention price above…. This is invalidated if 1hr candle close below 36350 Follow...
RSI divergence frame D. Expect BTC to correct in the next few days before rising to 39k8. BTC maximum peak reached in 2023. Welcome to Mini Alt Season. Not Uptrend! Consistent plan from the first quarter of 2023:
OKX:BTCUSDT.P Long On passing the 38950 level TR 1/4 46764 TR 1/4 48884 TR 1/4 58985 Interested in your opinion on this algorithm of actions Long deposit 20% of the asset order 20% of deposit leverage ×20 cross margin take profit 25+-% of order stop loss 5+-% of order de los 1% of deposit RR 1 to 5 Entry on positive news background + At positive...
Matrixport makes six major predictions for the encryption market in the first half of next year. Bitcoin spot ETF may be approved in January According to Wu said, Matrixport analyst Markus Thielen released six predictions for the crypto market in the first half of 2024, including that the crypto industry will have five micro events and one macro event that may...
trade pressure is coming back to neutral from a positive move, this coincides with landing into a support zone it felt weird how bitcoin did not take last years liquidity just above 32k as it currently forms a bull flag/wedge into the support zone we could see some relief and a move up soon the question is whether it is a corrective B wave, or the start of a final...
#BTC has a huge pump from $16k-$37k. Now #BTC is touching the resistance horizontal at $38k ⇒ #BTC will sideway at this price for maybe 1-2 weeks. When #BTC sideway, money flow will shift to each #altcoins group. You will see many #shitcoins pump in the moment. However, it’s not a good time to buy #altcoins because #BTC will have a correction when touching the...
Road map for BTC ! This idea is result of harmonic patterns, fibonacci, indicators and trend analysis. #sadeghU
I want to see Bitcoin above this resistance shade to confirm the bull market is still stronger, but if we get a retest I hope we hold the fvg else it will take us to our uncomfort zone
Hi Friends ✅ The BITCOIN Price Breakout From The Trend Line Which Is a Bullish Sign In a Short Term 👉 Currently There Is a Resistance Level At 35800$ That I Expect a Breakout From This Level And Bull Movement To The 37100$ As a Main Target We Are In a Bull Trend So Dont Try To Fight With Trend
I think this scen is a possibility, we overextended this 1 pump right now plus BTC.D is not even near 58-60 yet. I think alts will bleed heavy to BTC soon.