The $110k Bitcoin is being introduced. The chart is being analyzed. Energy is being requested. Hours are spent finding opportunities and writing ideas. Support would be appreciated. Market changes can be sudden and impactful despite signals.
Bitcoin is facing rejection from the horizontal supply zone after breaking out of the falling wedge pattern. The 50MA and 100MA are providing strong support below the price action.
A breakout above the supply zone would signal further upside, while a short-term correction remains possible at this level. Monitor the price action closely.
The US Dollar has broken down from a descending triangle pattern after a strong rejection at the resistance trendline. It is currently retesting the breakdown level from below, with the Ichimoku Cloud acting as a resistance barrier overhead.
A successful retest would confirm further downward movement, while a failed retest could lead to the price re-entering the pattern. Stay alert for the next move.
It's important to acknowledge its inverse relationship with the crypto market.
The US Dollar has broken down from a descending triangle pattern after a strong rejection at the resistance trendline. It is currently retesting the breakdown level from below, with the Ichimoku Cloud acting as a resistance barrier overhead.
A successful retest would confirm further downward movement, while a failed retest could lead to the price re-entering the pattern. Stay alert for the next move.
It's important to acknowledge its inverse relationship with the crypto market.
The US Dollar has broken down from a descending triangle pattern after a strong rejection at the resistance trendline. It is currently retesting the breakdown level from below, with the Ichimoku Cloud acting as a resistance barrier overhead.
A successful retest would confirm further downward movement, while a failed retest could lead to the price re-entering the pattern. Stay alert for the next move.
It's important to acknowledge its inverse relationship with the crypto market.
Bitcoin has broken out of the falling wedge pattern with significant volume, indicating strong bullish momentum. Currently, it is trading within a key horizontal supply zone, where some resistance is expected. This area may lead to a short-term pullback.
However, the Ichimoku Cloud is acting as a support, providing a bullish cushion below the price.
A confirmed breakout above the supply zone would signal the continuation of the uptrend. Monitor the price action closely for confirmation of the next move.
Bitcoin has broken out of the falling wedge pattern with significant volume, indicating strong bullish momentum. Currently, it is trading within a key horizontal supply zone, where some resistance is expected. This area may lead to a short-term pullback.
However, the Ichimoku Cloud is acting as a support, providing a bullish cushion below the price.
A confirmed breakout above the supply zone would signal the continuation of the uptrend. Monitor the price action closely for confirmation of the next move.
Bitcoin continues to trade below the horizontal supply zone following its breakout from the falling wedge pattern. The 50MA and 100MA are currently acting as dynamic support levels above the wedge, reinforcing the bullish structure. A confirmed breakout above the supply zone could trigger further upward momentum.
However, until that breakout occurs, the possibility of a downward move remains on the table. It's crucial to monitor upcoming price action closely to determine the next significant move.
Bitcoin continues to trade below the horizontal supply zone following its breakout from the falling wedge pattern. The 50MA and 100MA are currently acting as dynamic support levels above the wedge, reinforcing the bullish structure. A confirmed breakout above the supply zone could trigger further upward momentum.
However, until that breakout occurs, the possibility of a downward move remains on the table. It's crucial to monitor upcoming price action closely to determine the next significant move.
The DOGECOIN chart indicates the formation of an Ascending Flag pattern, suggesting an upcoming price movement. The price is expected to move equivalently to the measured price movement (AB=CD). It is advised to wait for the FLAG to break. Energy is appreciated in analyzing potential opportunities.
The DOGECOIN chart indicates the formation of an Ascending Flag pattern, suggesting an upcoming price movement. The price is expected to move equivalently to the measured price movement (AB=CD). It is advised to wait for the FLAG to break. Energy is appreciated in analyzing potential opportunities.
The current price of ETHUSDT stands at $1,759, with an XABCD harmonic pattern in play. The price has moved from $1,516 to $4,147 (A), retraced to $2,120 (B), spiked to $4,120 (C), and dropped to $1,385 (D). A target of $3,000 is now being anticipated, with $2,100 and $2,500 as resistance levels and $1,500 as key support. The possibility of a dip before hitting $3,000 is being considered.
Bitcoin is currently experiencing a reversal. A potential short-term and long-term bottom is being created as bulls start to heavily buy into cryptocurrencies. The monthly candle indicates a shift in momentum, suggesting a continuation of the upward trend. Key levels to monitor are $70,000 and $300,000.
Bitcoin is currently experiencing a reversal. A potential short-term and long-term bottom is being created as bulls start to heavily buy into cryptocurrencies. The monthly candle indicates a shift in momentum, suggesting a continuation of the upward trend. Key levels to monitor are $70,000 and $300,000.
Bitcoin is currently experiencing a reversal. A potential short-term and long-term bottom is being created as bulls start to heavily buy into cryptocurrencies. The monthly candle indicates a shift in momentum, suggesting a continuation of the upward trend. Key levels to monitor are $70,000 and $300,000.
Bitcoin is currently experiencing a reversal. A potential short-term and long-term bottom is being created as bulls start to heavily buy into cryptocurrencies. The monthly candle indicates a shift in momentum, suggesting a continuation of the upward trend. Key levels to monitor are $70,000 and $300,000.
Bitcoin is currently experiencing a reversal. A potential short-term and long-term bottom is being created as bulls start to heavily buy into cryptocurrencies. The monthly candle indicates a shift in momentum, suggesting a continuation of the upward trend. Key levels to monitor are $70,000 and $300,000.
Bitcoin is currently experiencing a reversal. A potential short-term and long-term bottom is being created as bulls start to heavily buy into cryptocurrencies. The monthly candle indicates a shift in momentum, suggesting a continuation of the upward trend. Key levels to monitor are $70,000 and $300,000.
BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21MA is providing support beneath the price action.
A breakdown below both the 21MA and the lower boundary of the wedge would confirm bearish momentum, opening the door for further downside.
This potential breakdown could trigger a strong bullish rally in the altcoin market, as a declining BTC.D often signals capital rotation into altcoins.
It's a key level to watch confirmation of the breakdown may mark the start of a major move across the broader crypto space.