$BITSTAMP:BTCUSD Bitcoin has dropped significantly during this period, and that's why I'm analyzing Bitcoin. It gives a clearer view of the current situation and next predictions. [b]Summary:[/b] Current price: $103936.19 Change over 24 hours: -2.68% Overall Trend: Neutral leaning down [b]Trend Indicators:[/b] RSI (Relative Strength Index): 46.80 It is not in overbought or oversold territory, which means the market has not yet determined its direction.
The price of Bitcoin is moving in a strong upward direction, supported by several positive technical indicators, with the price currently positioned above the major moving averages and the middle line of the Bollinger Bands. However, some warning signals are appearing on momentum indicators, necessitating a cautious approach to the market and the activation of risk management strategies.
Avax Current price 19.22$ 🔴 There is critical support around 19$ If it breaks this critical line, it means: 15-16$ 🟢 Positive: touched the bottom of an upward trend line 🎯 Targets: Breaking 23$ will take it to 27-30$ However, if it breaks 19$, it will go to 15-16$ Nevertheless, I'm entering at this price as I see positive divergence on multiple indicators
The chart contains more than one model and indicator Each one has its own analysis, but they all have a similar goal I will explain the chart: 1- Fibonacci levels are temporary targets 2- The channel is supposed to be a Wolfe wave model, and it still has wave number 5 to complete But its target is 72 K 3- The indicator below is the open contracts indicator for Bitcoin, and it has a divergence. Through this divergence and the backtest on the price indicator, I found that it follows the path of the indicator, not the path of the price, meaning The current divergence indicates a price drop And its target is close to the target of point number 2 4- I see another model forming which is also negative, and its target is similar to targets 2 and 3 But this model, if it succeeds in its shape, will cancel reaching the peak of the overall upward wave that is expected 120- 140K As long as all the negative targets I mentioned are close to the same level, this rings the alarm bell
$SOL Current Status: Price: $159.17 (+1.86% last 24 hours). General Trend: Upward, but there are selling signals that require caution. In-Depth Look: Technical Indicators: Moving Averages (EMA): The price is above the moving averages (10, 20, 50, 100), which reinforces the upward trend. Relative Strength Index (RSI): Currently at 49.72, indicating the market is neither in overbought nor oversold territory. MACD: There is a potential negative crossover (MACD is below the signal line) and the histogram is negative, which gives sell signals. Supports and Resistances: Nearest Support: Fibonacci level 38.2% at $159. Nearest Resistance: Fibonacci level 50.0% at $165. Situation: The price is close to an important support level, and if it holds, it could be a buying opportunity. Volatility: Bollinger Bands: The price is below the middle line, which may indicate a negative trend in the short term. Average True Range (ATR): Its value is 8.00, indicating high volatility in the market, with large trading opportunities but higher risks. Momentum: Stochastic Oscillator: The %K and %D values are neutral, meaning there are no strong signals for buying or selling. Summary and Expected Scenarios: If the price rises: If the price holds at the support level of $159, it may test the resistance at $165, and if it exceeds it, it could rise further. If the price falls: If it breaks the support at $159, it may drop to lower support levels. #CryptoCharts101 #solana #sol
This is an old chart from when #Bitcoin was at 61K, and thankfully it followed my expected move within the blue box.
But that’s not the point.
The real story is the red circle I just marked — if that’s a false breakout, then the cycle is likely over… and the last one out better turn off the lights.
$BTC Bitcoin in a way to form a wave and a negative trend If it reaches wave number 5 It means 140 K It indicates the completion of the model And its target is 75 K
Bitcoin (BTCUSD) is currently experiencing volatility near historical levels, swinging between strong upward momentum and warning signals from overbought territory. This analysis aims to provide an overview for traders based on available technical indicators and future predictions.
$BTC Current Price: 106,538 Level 1 (109,303 USD): Represents a strong current resistance Level 0.786 (101,872 USD): Recently tested as support and has held Medium to long-term bullish trend All moving averages are positive The Relative Strength Index has not yet reached the overbought zone (70), indicating the potential for continued upward movement Formation of small consecutive candles in the upper area, indicating a potential accumulation phase before the next move Important points to monitor: Main resistance area: 109,303 USD - Breaking this opens the way to reach distant targets First strong support area: 101,872 USD - Fibonacci support 0.786
$BTC 4H This indicates a short-term upward momentum but is supported by the daily upward momentum. What does this mean? It means the general trend is upward, but a test of the 101K level might occur. Daily The general trend is upward, which is important on the scene and the Golden Sequence confirms this. Bollinger Bands Confirms my statement about the 101K level. This means if you are out of the market, this is considered your entry point if it retraces. Supports: Fibo 0.786 at 101 Fibo 0.618 at 96k, it might just touch it. #BTC #bitcoin #SaylorBTCPurchase
BNB is currently at 588. Today's drop below the average is quite unusual. It must close above 600 today—no doubt about it! The indicators say so... not me. 😏