From where we put the red arrow on the chart, the correction of Ethereum has started.
We are now close to the discount range of the previous wave.
The movement momentum of Ethereum has decreased. We have a good range for Rebuy. From the range of the yellow circle, we expect an upward price rejection.
The targets are listed on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry
Bitcoin's price action continues to show a strong bullish trend. After multiple corrective pullbacks, the price has consistently rebounded within the established channel. We saw significant corrections of -20%, -22%, and -28%, yet BTC remains on course for a potential breakout towards the next major top in the 100K+ range. With strong support holding at 46K and consistent higher lows, this chart highlights the resilience of Bitcoin and its potential for continuation to new highs.
hello I would like to share my two years EXP with you of crypto trading trading means rules®ulations I am half a professional forex trader I became a professional in forex because the forex market is set up for all of those rules that have been mentioned in books and has respect to the trader Also the chart is going on the way which is signaling by Candelas
but crypto no rule no regulation no respect not real order blocks and it is going to the side where most liquidity is waiting The forex market is controlled by traders The crypto market is controlled by the owners of coins if you disagree with me try both of them and then you will find me right
#BTCā #BTCš„š„š„š„š„ Bitcoin is short-term bullish, but expect doom. With me, you always have a plan. Stay updated. What is the plan now? Of course we want to make a profit in the next few days and weeks. I will share with you my plan. But first, let's take a look at the massive crash that happened in the past few days. I warned you about that crash in my previous analysis.
The crash was very steep and strong, and I see an impulse wave. After each impulse wave, there is an ABC, ABCDE, or a complex correction. You want to look for strong levels on the way up to short Bitcoin or potentially exit your longs (sell Bitcoin) if you haven't already. On the chart, you can see 3 strong levels that Bitcoin will probably hit in the next few days.
Keep in mind that there is also a huge unfilled FVG on this 1h chart, and usually the price wants to return at least to the end of the FVG. Why is bitcoin short-term bullish? We can see multiple green candles in a row, which is a strong price action suggesting a continuation after a pullback. Where can bitcoin rise to? The first resistance is the first order block after the FVG. Next, a 200 moving average is displayed on the 1h chart. This moving average is used by huge institutions and hedge funds, so you definitely want to be aware of it. After that, we have the end of the FVG. So in conclusion, there is a strong resistance around 97k. But what if Bitcoin wants to go a little bit higher? Yes, this is really possible, because after an impulse wave, we look for the 0.618 FIB retracement. This is exactly at 98323. You really don't want to go long here, but short.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
#BTCš„š„š„š„š„ Everyone is turning very bullish again on BTC and altcoins. I really don't think it will be that easy; the whales need liquidity and make money before pushing the price higher. From a technical perspective, there is no confirmation of an uptrend, but let's take a look at the details.
First of all, let's take a look at the huge ascending channel. The price respects both trendlines very precisely. On 17. December, Bitcoin hit the top of the channel and got rejected from it. It would definitely make sense if the price now retests the middle of the channel, which is currently at around 85k.
Second, we still have a completely unfilled and untested FVG (Fair Value GAP) on the daily chart. This GAP is between 85k and 77k. This price action should be tested.
Third, we have a pretty significant head-and-shoulders reversal pattern at the top of the trend. This pattern looks pretty solid, there is a lot of liquidity below it. All stop losses from traders and liquidations on the futures market. If you see multiple swing lows next to each other, you may be pretty sure that the price will go here and sweep the liquidity.
Fourth, from the Elliott Wave perspective, we have finished wave (3) of an impulse wave larger degree. We should make an ABC correction, so I think we are in wave (4). After we finish this correction, we start wave (5). This will bring the price of Bitcoin to an all-time high. I expect Bitcoin to hit around 125k.
Fifth, let's take a look at the RSI indicator. On the daily chart, there is clearly a downtrend. The line makes lower lows and lower highs. Also, we can see a bearish divergence. This is not an uptrend, but a downtrend.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my tradesK privately.
Bitcoin's price action continues to show a strong bullish trend. After multiple corrective pullbacks, the price has consistently rebounded within the established channel. We saw significant corrections of -20%, -22%, and -28%, yet BTC remains on course for a potential breakout towards the next major top in the 100K+ range. With strong support holding at 46K and consistent higher lows, this chart highlights the resilience of Bitcoin and its potential for continuation to new highs.
$BTC hit 60k miles... Check how can Anyone more perfect than this .. I predicted just 5 days ago.. It must hit 60k.. #BTCā smashed 60k..
$BTC /USDT has officially smashed through the $60,000 barrier, currently trading at $60,015.99 with a solid +3.19% gain! The king of crypto is flexing its muscles, hitting a 24-hour high of $60,016, as bullish momentum takes full control. With trading volume surging and key levels broken, itās clear that Bitcoin is on a rampage, leaving $57,345.23 behind as a distant memory. This could be the start of a new leg up, so fasten your seatbeltsāBitcoinās climb is far from over!
#BullRun #Bitcoinā #BullBanter #BinanceTurns7
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