Correct me if I am WRONG

BTC I think has bounced from 233 moving average on daily chart. However it is following a descending chanel. Fingers crossed

@ZeusInCrypto
#Fibonacci
#BTC☀
#Write2Earn!

Trader's Tip Tuesday

Did you know that the Fibonacci retracement tool can help you identify potential support and resistance levels in the market?

Share your favorite trading tools and strategies in the comments below!

#BinanceEarnProgram #TradingTips #Fibonacci #Cryptocurrency"
$BTC $ETH $BNB

#Worldcoin Analysis with #Fibonacci Levels

8,88% drop in just 1 candle

These are my levels for a possible bounce or break even more downwards. If #bitcoin continue the drop $1 ish could be a possible target.

As a new coin there's not enought data for a "clear" TA but this is the best I can do for now.

Remember to keep your #BTC chart always open, speacially on a downtrend and always wait for a clear confirmation to long your coins.

NO FINANCIAL ADVICE

Stay Safe and good trades 🙏🎢 #dyor

Technical Analysis of Bitcoin (BTC) and Ethereum (ETH) (as of April 16, 2024)

Market Sentiment:

The overall sentiment in the cryptocurrency market remains cautious. Recent price declines, particularly for Bitcoin, have dampened enthusiasm. Trading volumes remain subdued, reflecting investor hesitancy.

Bitcoin (BTC):

Current Price: $BTC

Trend: Short-term downtrend.

Fibonacci Levels: Using the most recent swing high of ~$70,000 and swing low of ~$50,000, key Fibonacci retracement levels sit at:

Support: ~$53,800 (38.2% retracement) & ~$46,200 (50% retracement)

Resistance (previously mentioned): ~$61,800 (23.6% retracement) & ~$67,600 (14.6% retracement)

Analysis: While $BTC has recovered slightly from its intraday lows, it's still trading below the crucial $64,000 level. A break below this level could trigger a test of the support zones mentioned above. A sustained move below $46,200 would indicate a steeper decline. Conversely, a daily close above $64,000 might suggest a short-term trend reversal.

Ethereum (ETH):

Current Price: $ETH

Trend: Similar to BTC, ETH is in a short-term downtrend.

Fibonacci Levels: Using the most recent swing high of ~$4,800 and swing low of ~$3,200, key Fibonacci retracement levels sit at:

Support: ~$3,700 (38.2% retracement) & ~$3,200 (50% retracement)

Resistance (previously mentioned): ~$4,200 (23.6% retracement) & ~$4,400 (14.6% retracement)

Analysis: ETH finds itself in a precarious position. The current price sits very close to the 50% retracement level, indicating a potential turning point. A breakdown below $3,200 could exacerbate the downtrend. Conversely, a daily close above $3,400 might signal a potential recovery towards the $3,700 support zone and eventually the previous highs.

#bitcoinhalving #BullorBear #Fibonacci #retracement

$MANTA has retraced to 0.618 Fib level from it's highs.

Just bought some and taking profit at the other Fib. TP - 3.28

#techincalAnalysis #Fibonacci #Write2Earn

Market Update -

The update highlights #Bitcoin's remarkable performance, with a 48% increase in the month. It suggests that Bitcoin's upward movement may not be over yet.

The analysis shares an exclusive chart indicating that when Bitcoin breaks the #Fibonacci Golden Ratio of 0.618, it tends to enter a parabolic structure. Similar to previous instances, when Bitcoin jumped from $47k to $64k in a short period, the expectation is for back-to-back significant candles on the $BTC chart.

Key resistance levels are identified at $64k to $69k, while support levels are noted between $48k and $52k. The update reminds traders that any 25%-30% correction in Bitcoin could present a buying opportunity.

Additionally, it mentions the upcoming #halvingbitcoin event on April 20, which could influence #MarketSentiments and price action. Overall, the analysis suggests continued #BullishMomentum. for Bitcoin, with potential opportunities for traders to capitalize on price movements.

$WBTC $ETH

Has $JUP finally stopped dumping?

I would say no. 2 reasons. Target - 0.48 - 0.49

1. According to analysis, this is just a retest to it's resistance. On the basis of Fibonacci - this has perfectly been rejected at every fib line.
here are the monthly and weekly chart.

2. People have been still getting airdrops, which means that most of them are immediately selling it. thus causing no demand and making the price go lower.

Conclusion- Start averaging your longs once It breaks 0.50 because that's where the smart money are buying.

#TechnicalAnalysis #JUP #Fibonacci #Write2Earn

#BTC Weekly Analysis 👀

Targets using my #Fibonacci Retracement Levels Strategy

Resistance $31k rejected 5 times (last one Inverted Hammer Candle)

Support $10k ish (golden pocket of my strategy)

Target 1- $18.955

Target 2 - $14.685

Target 3 - $9.842

$BTC

🚀 BBBNB Price Analysis 🚀

📊 We're seeing some interesting movements on the daily chart for $BBBNB.

The price is currently holding steady at 0.001 with key Fibonacci levels mapped out. 📈

🔮 Fibonacci Extensions:
1.618 (0.002) 📏
2.618 (0.003) 📏
3.618 (0.005) 📏
4.236 (0.005) 📏

📅 As of today:7 Days: +68.19% 🔥Today: -0.21%

🔻Stay tuned for more updates and let's see where $BBBNB goes from here! 🚀🔍

#BBBNB #Binance #CryptoTradingPrediction #TechnicalAnalysiss #Fibonacci

#BTC  All you need to know 🎓 Update SUPPORT TREND LINE Broken + GOLDEN POCKET 🎯

Let's see if we can hold here $27900

- Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines).

- Before a Break we'll see a test/retest on both 👈🎯

- The closer to the Apex, the greater the volatility of the break

- All important #Fibonacci  Levels for potencial break or bounce

NO FINANCIAL ADVICE and Stay Safe

#dyor

$BTC

#Educational

#Fibonacci Retracement

Fibonacci retracement is a method of #technicalanalysis for determining #support and resistance levels. ratios provide price levels to which markets tend to retrace a portion of a move, before a trend continues in the original direction.

A Fibonacci retracement forecast is created by taking two extreme points on a chart and dividing the vertical distance by Fibonacci ratios. 0% is considered to be the start of the retracement, while 100% is a complete reversal to the original price before the move.

Horizontal lines are drawn in the chart for these price levels to provide support and resistance levels. Common levels are 23.6%, 38.2%, 50%, and 61.8%.

#trading $BTC $ETH $BNB

#BTC 4 Hours TF Update 🎢

- EMA 500 Bounce with a nice reaction so far

The rest stills the same 👇

- Symmetrical Triangle Pattern (technical chart pattern that forms when the price of an asset is consolidating between two converging trendlines).

- Before a Break we'll see a test/retest on both

- The closer to the Apex, the greater the volatility of the break

- All important #Fibonacci  Levels for potencial break or bounce

NO FINANCIAL ADVICE and Stay Safe

#dyor

$BTC

If you find this $BTC range confusing,
let me simplify !

Here is $BTC Trading perfectly in this 3D Chart.

I expect we retest the 0.786 Fib which is $46800

#TechnicalAnalysis #Fibonacci #Write2Earn

#BTC 4 Hours TF Squeeze

August 4. Let me tell you guys what I'm seeing and waiting for:

- My Indicator (Stop Loss Identifier): red and green lines getting closer after test on bullish SL without strenght to pop.

- Below my #Fibonacci Level Strategy

- Still above EMA 500 but already tested. This is a very important Exponential Moving Average to confirmed trends as you can see in that after we break it + my Fibonacci Level we had a 20% rally

- After we break it with a Sell signal normaly we see a retest like in the green circle. This is what I'm waiting.

NO FINANCIAL ADVICE #dyor

$BTC

Here are 10 key indicators that new crypto traders should master:

1. Moving Averages - MA lines help identify support/resistance levels and trend direction. Ex: 50-day, 200-day MAs.

2. #Volume - Higher volume typically indicates increased interest and important price levels.

3. #RSI (Relative Strength Index) - Measures overbought/oversold conditions in the market. Values above 70 = overbought, below 30 = oversold.

4. #MACD (Moving Average Convergence Divergence) - Shows relationship between two MAs to identify momentum and trend changes.

5. Bollinger Bands - Volatility bands that contract during consolidations and expand during price breakouts.

6. Ichimoku Cloud - Identifies support/resistance levels, momentum, and trend direction. Made up of multiple lines/indicators.

7. Stochastic Oscillator - Measures overbought/oversold conditions like RSI but with different formula.

8. #Fibonacci Retracements - Key Fib levels identify support/resistance zones especially for pullbacks/corrections.

9. Candlestick Patterns - Formations like Doji, Hammer, etc. indicate potential reversals or trend continuations.

10. Trend Lines - Connecting swing highs/lows to identify uptrend/downtrend and potential breakouts.

Mastering these top 10 indicators can greatly improve a new #crypto trader's market analysis and trading strategy.

$BTC $ETH $BNB

"In the vast ocean of financial possibilities, #bitcoin sails forth, guided by the invisible hand of #Fibonacci ‘s divine harmony, revealing patterns that unlock the treasures of the digital age." - Sailortrades
$BTC

$CTSI Will Pump to 0.38 USD

based on the fib levels and closely monitoring all of it support and retests.

It is likely to reach 0.38. After reaching there, we will retrace to 0.23 and then consolidate.

#TechnicalAnalysis #CTSI #Fibonacci #Write2Earn