#Bitcoin - Price update: Comment & share to win a 200 USDC airdrop! 🎁
56 000$ support zone ✅ Very nutral price on the H4 view. (inside the kumo) The daily price is stuck between the 59 600 - 56 000$ zone! As mentioned in my previous analyses, the price of BTC should continue to be neutral for some time. Important levels to watch for this neutrality zone [HTF] are $63,000 and $54,000! It is therefore very difficult at present to have a precise view of the short and medium term. Bear in mind that the BTC price is evolving in the daily bearish channel (see 4th chart) and that the key level to hold for the long term is the $48,000 - $50,000 zone. During this period of neutrality, some altcoins could rebound upwards. It's best to trade the #alts
Tips: 70% of the time the market is neutral. 30% of the time it's trending. Spot this and trade the trending phases and you'll be much more profitable!
For more interesting and accurate signal follow @Crypto_Jobs
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#bitcoin - Daily update:
The price is very neutral at the moment and stuck below the downtrend. It's moving between the 57 600 and 60 500$ levels.
➡️Traders are waiting for inflation data that will help shape the outlook for the Federal Reserve’s next steps.
The last daily candle closed below the main resistance mentionned in my yesterday's analysis. [59 500$] 🚨 Nothing change at the moment; This is in line with my earlier mid term view... Depending of the inflation data, a breakout upward toward 62 500$ or a dump toward 56 000$ could happen⚠️📉
➡️It's a difficult area to trade [W / D] at the moment, but regarding the daily view, I think that we will see a dump next to retest the 50% fib level (56 000$)📉 And you??
Yesterday we managed to book profit at TP2 on our short position, but again Im expecting a lot of volatility with fake moves upward🚨
$NOT forming Reverse H&S pattern on 4H tf. A potential breakout🔼 could lead the price upto 0.01900-0.02100.(Resistance 'D' tf) Support zone at: 200 MA+(0.01400-0.01300)
🚨 Attention! Be careful with the market. Funding rates are Highly Positive+ rn. Definitely not a good sign for next leg up for alts and Btc. Importantly there is more than 1B & 2B liquidity sitting at 65900-65500 and 63900-63500 respectively. Tbh, I don't trust the current situation. A drop🔻is imminent. feel free to #DYOR
MA 50 touched. anyone who took the trade must be in profit.✅
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#RUNEUSDT has been stayed amazingly strong💪 against #bitcoin correction recently.
Currently the price has broken 2️⃣0️⃣0️⃣MA + Previous Resistance in 4H chart and is holding above it. No major resistance until 6.500-6.600 zone (5️⃣0️⃣ MA)
Daily close above 2️⃣0️⃣0️⃣MA as well can easily push towards it. (If #btc doesn't ruin the party)
#RUNEUSDT has been stayed amazingly strong💪 against #bitcoin correction recently.
Currently the price has broken 2️⃣0️⃣0️⃣MA + Previous Resistance in 4H chart and is holding above it. No major resistance until 6.500-6.600 zone (5️⃣0️⃣ MA)
Daily close above 2️⃣0️⃣0️⃣MA as well can easily push towards it. (If #btc doesn't ruin the party)
Finally the moment I was waiting for has come. #Bitcoin❗️ Weekly Stochastic RSI has arrived to the reversal zone. Everytime the Stochastic RSI resets a massive pump 🔼 has been observed (you can check previous data). I know people are anticipating a massive dump upto 55K/50K/45K even 40K since having has been completed but I am totally Bullish now.
⭐ Importantly
1. Btc dominance weekly RSI is forming a Bearish divergence
2. Eth/Btc weekly RSI is forming Bullish divergence
If you're an Altcoin holder time's running out of your hand for accumulation. Can't wait to see 😭 of 🐻s