Trading strategy using Fibonacci with breakout and volume and RSI and MACD on the hourly timeframe
This strategy combines several powerful technical tools to identify potential entry and exit points in the cryptocurrency market on the hourly timeframe. It relies on:
1. Fibonacci levels to identify potential support and resistance areas 2. Trading volume to confirm the strength of price action 3. RSI indicator to assess overbought or oversold conditions
Bitcoin is still positive, having achieved its first target and still has the opportunity to achieve more targets with time until the end of this year.
As for alternative currencies, they are only linked to Bitcoin's dominance and decline.
This means that when Bitcoin reaches a peak and then starts moving sideways, its dominance will begin to decline directly, and then the altcoin season will come.
You have gone through a difficult period that is still ongoing, but when the rise comes, it will be a matter of a month and will erase all the previous decline.
The United Kingdom has announced its rejection of the idea of creating a national reserve of cryptocurrencies, led by Bitcoin. Several senior British officials have made official statements, most notably Economic Secretary to the Treasury Emma Reynolds, who confirmed that this approach "is not suitable for the UK market." She pointed out that the volatility of cryptocurrency prices makes them an unsuitable option for use as state reserve assets.
A popular and proven trading strategy on the hourly frame (Bollinger Bands + RSI) + a practical example on Bitcoin
The Bollinger Bands + RSI trading strategy on the hourly (H1) timeframe relies on combining the Bollinger Bands and Relative Strength Index (RSI) indicators to identify potential entry and exit points. Here's a detailed explanation of the strategy:
1. Tools used Bollinger Bands Indicator: - Settings: 20 periods (default period) with 2 standard deviation.
🚨 Trump: Jerome Powell must lower interest rates, he has to lower them, and at some point, he will. He prefers not to do it because he doesn't like me, but he has to lower them, the council must force him to do so, we are at the right time. $TRUMP $BTC $SOL #TRUMP #SaylorBTCPurchase #EUPrivacyCoinBan
In a surprising move, Ripple entered into secret negotiations to acquire Circle, the issuer of the USDC stablecoin. Leaks indicate that the deal could be valued at $20 billion, reflecting Ripple's desire to enhance its influence within the sector. $XRP $BTC $ETH #xrp #AppleCryptoUpdate #BinanceHODLerSTO
Elon Musk There are some ridiculous misconceptions being blamed on DOGE. For example, my friend's daughter was recently told that DOGE reduced the number of interns in Congress, which is not true. $DOGE #BinanceHODLerSTO #DigitalAssetBill #SaylorBTCPurchase
Breakout trading strategy with volume confirmation on the 1-hour timeframe
Breakout trading strategy with volume confirmation on the hourly timeframe (H1) relies on identifying breakout points of support or resistance levels with volume confirmation and the RSI indicator to avoid false breakouts. Here is a detailed explanation of the strategy:
21Shares highlighted significant transformations in the performance of Dogecoin (DOGE), confirming that the currency, which originated as a meme coin, is now a worthy candidate to be part of investment portfolios.
ETH holders are optimistic about May. This optimism is driven by strengthened fundamentals, the anticipated upgrade of Pectra, and renewed interest from institutional investors through exchange-traded funds (ETFs) for ETH.
Elon Musk The DOGE team says there was a $4 billion COVID fund in the Department of Education, and they were not required to submit receipts, which allowed government employees to withdraw from it, and they used the money for parties and renting places like Caesars Palace, among others.
When DOGE enforced the submission of receipts, all withdrawals stopped.
"They were celebrating with taxpayers' money... this was a blatant fraud... a widespread fraud.
Strategic Company recently announced its Q1 2025 earnings report, revealing a net loss of over $4.2 billion despite gains from its Bitcoin holdings. Shortly after, the company announced its intention to sell $84 billion in new offerings.
Shareholder reactions vary, with some fearing fundamental failures and dilution of their own shares. However, this bold plan has its supporters, especially with the rising Bitcoin price.
USDC and USDT are both stablecoins linked to the value of the U.S. dollar (1:1), but there are several differences between them in terms of issuance, transparency, acceptance, and the technologies used. Here are the main differences:
1. Issuer - USDT (Tether): Issued by Tether Limited, it is linked to "Bitfinex" (one of the cryptocurrency trading platforms).
The Bitcoin BTC currency has risen to over $97,200, recording a peak of $97,546 before stabilizing slightly. This increase comes in the context of markets testing key resistance areas after days of narrow fluctuations between $93,000 and $96,000. Technical indicators show that Bitcoin has decisively emerged from the long consolidation around $74,400 since mid-April, paving the way for an upward trajectory supported by increasing buying momentum. The $88,000 – $90,000 area is expected to form a crucial support point in the event of a correction, while a pullback towards $92,000 may present an opportunity to engage in long buy positions, especially if accompanied by an increase in trading volume.
A popular and tested trading strategy on the hourly timeframe | MA+MACD+RSI |
Here is a popular and tested trading strategy on the hourly timeframe (H1), based on classical indicators and clear rules, suitable for beginners and intermediate traders:
Strategy: "Moving Average + MACD + RSI" (trend strategy with overbought filtering) Tools used: 1. Moving Average Indicator (EMA 50 & EMA 200) - To determine the general trend.