BINANCE:TRBUSDT finds its buyer. A breakthrough of the downtrend resistance is formed and the accumulated potential is realized. The probable target may become the area of 150-160. The retest of the bottom forms a strong enough medium-term reversal pattern - double bottom. A buyer appears on the market, which is generally seen in candlestick patterns and price...
Bitcoin (BTCUSD) is trading within the Rally Channel (green) with the price having already reached its bottom, making the 2nd Higher Low of the pattern. This is the very same pattern that emerged in the previous Cycle after the Growth Channel Up and took BTC to its new All Time High (ATH) at the time. Both Growth Channels had a crash event below them, the...
The current selling zone for ETH/USDT is at $2982.00. It's an opportune moment to consider profit-taking strategies, with potential levels at $2914, $2880, and $2800. These levels offer strategic exit points to capitalize on market movements. However, it's crucial to implement risk management, with a stop loss set at $3089 to mitigate potential losses in case the...
Some altcoins have stayed behind during the most recent BTC surge. These include : π DOT π XRP π ADA π UNI π HBAR π CRV π ALGO Overlay any of these with the BTC chart, and you get something similar to this. Now compare it to the PREVIOUS BTC all time high. I'm not saying these coins are done for, or that they do not have a future. But my focus is on coins...
#Bitcoin Monthly Chart After the breakout of the previous all-time high, BTC is currently retesting it. The most possible scenario for Bitcoin, in my opinion. What are your views on this chart?
KAGI LONG POSITION reads $70,937 if equal lows is met then correct entry would be at $62,200. Despite the short position volume candles, even if it dips lower, kagi and volume will read same accordance at a later times because volume candles has a faster move than kagi. Letβs say volume or Heiken candles dip, Kagi will be about in the same zone while volume and...
This is part of my ongoing analysis, see links below. We have been orbiting 63.3k for several days. It is a key level of the wave down from the top. North of 63.3 is bullish, South of line is bearish. This chart is also a good example of my concept. The red fibs are extensions of an Impulse (fib 0.1). Purple lines are retracement levels of entire wave. Previous...
Hey guys! At this very moment, we are in the middle of almost everything so you don't want to get caught on the wrong side of the trade. Better be safe than sorry. Having said that, here's my idea about what we are looking at right now. 1) There's a channel marked by green lines as shown in the chart. If you can see this, you'll notice whenever price touches...
orm case for the reasoning behind Bitcoin hitting $10,000 and why itβs not as unrealistic as you may think. 1. 10,000 marks the bottom of a bearish trend line I have marked on the linked chart 2. 10,000 corresponds with a bullish retest of a HTF chart pattern marked on chart 3. DXY looks ready to collapse - and with a falling US dollar over the next 0.5-1...
TRB recent series of surges caught everyone by suprise. It has risen an impressive 500% in just 3 months. It has undergone muted correction from its peak at 67 before trimming back to 40 levels. Now it's ascend journey has reset so-to-speak with 4h metrics suggesting higher lows and net buying activity at the current range conveying preparation to retest...
NASDAQ:OM β¦looking SUPER BULLISH! #MANTRA team is putting more updates out than I can keep up with... chad team!! NASDAQ:OM is now up 15% since my buy call. Don't forget to stake up your OM on Binance Simple Earn for 19.9% APR
Hello, traders and investors!π«Ά I'm glad to welcome You to my page! Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see...
As ususal, most of what I have to say is in the chart.
BTC ~ 1D #BTC I don't expect this to happen, But it looks very bad if BITSTAMP:BTCUSD loses This Support Block. This chart will not be valid if #BTCUSD successfully maintains this support, plus succeeds in breaking this resistance line. then the bulls will be back in control.
It's Really this simple...targets could be higher but this should cover our next impulse leg which I assume will take a few months...If $56,499 breaks I'm wrong.
πThe MODE token has been listed on some exchanges for less than 24 hours. π What Is Mode (MODE)? πΈ Mode is a Modular DeFi L2, built using the OP Stack and part of the Optimism Superchain. Mode launched their mainnet in January 2024. πΈ MODE is the native utility token that is used for governance π Mode Network Initiates 550 Million Crypto Airdrop on...
Good Wednesday my fellow Cryptocurrency traders, I hope you are having a wonderful week. We are going to be looking at Ethereum now so please, take a minute of your time to enjoy this chart. Consider hitting boost before reading and leaving a comment once done with your opinion about this analysis and some of the thoughts, images and visions that came up while...
Doge completed a type two bat and after breaking down sprung right back above support. Now we look for a few things - Support to Hold - Divergence to Mature on the 4h & 6h - Daily MaCD to Stay green By Layering in you can strategise a SL below Support. We have orders at the 618, 786, & 886.