💥We can seen now BTC 1 Hour chart continue Bearish Rising Wedge. its retest complete now .And we have bearish DIV conformation. 💥BTC.D(BTC dominance)Market cap now pump .Its mean BTC can Dump sure, 💥This is your Entry price :-63500$ 💥your Sell Target:-63000$ 62500$ 61432$ 💥Use money management ,low Margin,50 leverage good for this trade.
*SOLUSDT now Continue Bullish Flag in 1D chart. But its need to fill the Pattern. its goin to Fill need to Short . SOLUSDT Now price 138$ .You can Sell now SOLUSDT .Watch This Chart.👇
In the daily chart, the MACD histogram reflects a recent bearish trend, while the MACD lines hover close together, indicating the possibility of both bullish and bearish crossovers. Meanwhile, the RSI remains neutral, and the presence of a golden crossover on the EMAs suggests a persisting bullish outlook in the short to medium term.
💥Why Solana Crashed 45%: Factors Behind the Steep Decline
In the past six weeks, Solana’s price has undergone a correction exceeding 45%. Should this corrective phase persist, significant support is anticipated for SOL between approximately $79 and $89.5. This range aligns with the intersection of the 50-week EMA and the critical golden ratio support.
Sustaining Solana’s price above the golden ratio threshold at around $85 is pivotal to uphold the bullish trajectory. Nevertheless, insights from the weekly chart paint a bearish picture. The MACD lines are presently undergoing a bearish crossover, while the MACD histogram indicates a downward trajectory.
Nevertheless, in the monthly chart, the MACD lines persist in a bullish crossover, suggesting ongoing bullish sentiment. Furthermore, the RSI has reverted to neutral territory, signaling a potential stabilization in market sentiment. #BinanceLaunchpool#bitcoin#BTC#SolanaInvesting#signalsfree
Bitcoin chart bull flag is a 'strong bullish setup' — Analysis
👉Bitcoin on a daily chart forming a bull continuation pattern. According to Wyckoff's law of cause and effect "the longer the consolidation, the more explosive the markup will be.
👉We're seeing a bull flag on Bitcoin's daily chart, which historically suggests more upside. It’s shaping up nicely after a solid rally, with declining volume indicating a pause before potentially shooting towards $100,000.
👉After testing $64,000 more than once on the day, only to confirm it as resilient support, Bitcoin does signal the potential for a further climb upward. Despite that, any significant price rises could remain unrealized, with Bitcoin merely reaching the upper bands of the established trading range of around $67,000.
👉Historically going into May, we see Bitcoin fade to retest support of the 20-week [small moving average] SMA, which would put Bitcoin at $56,000. I think such a move would be healthy before going higher. It’s exactly these kinds of dips that can offer solid buying opportunities before the next climb to record highs.”
👉Unless there is a long period of high interest rates affecting sentiment towards digital assets for the remainder of 2024, it’s unlikely that Bitcoin will retrace that far back.”
👉Market Situation: 1.Currently heading towards the 1w +fvg (insert specific market or asset). 2.Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level).
2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level.
3. Response Strategy: - If the expected rejection occurs, I'll be vigilant for the formation of a 4h +fvg (four-hour Fibonacci retracement level) as a sign of potential reversal.
4. Entry Criteria: - Upon confirmation of the 4h +fvg formation after the rejection at the 4h fvg level, I will consider entering a long position.
5. Risk Management: - Stop-loss will be placed below the recent swing low or a predetermined support level to limit potential losses. - Position sizing will be determined based on risk tolerance and account size.
6. Monitoring: - Continuously monitor price action and reassess the trade thesis based on new developments in the market.
7. Exit Strategy: - Take-profit levels will be set based on key resistance levels or profit targets derived from technical analysis.
Conclusion: This plan outlines the steps to capitalize on the anticipated price movement, emphasizing risk management and trade execution based on technical analysis signals.