$BTC Almost / has reached the target pattern of the Decending Broadening wedge ??
I answered yes. finally $BTC has broken out of the sideways shackles from March 2024
this is due to Trump's victory in the 2024 US election
but has this long-awaited rally started? we have to see the past 2 months bitcoin has continued to rally non-stop especially in October. will we continue to climb without a pullback? of course not. bitcoin has a habit in the ongoing bullrun rally phase usually experiencing a pullback of 20% +- meaning if we count from the top 93-95 k the most likely correction price to be revisited is 71-75 k however this does not immediately happen in 1 day. at least based on historical pullback that occurs takes 2-3 weeks to reach the target after that usually btc will make a base / consolidation for some time then continue its rally. the possibility of a decline is still there but the good news. the expected rally has started meaning #Altseason will arrive. I will update about your favorite #Altcoin in all timeframes. so that it can be a reference. keep doing #DYOR follow and share this news with others if it is useful
$BTC $ETH $DOGE #ALTSeason will come soon !!! here the hide diamond potensial "QUBIC"
will Qubic be released on binance in desember ? time will tell . Qubic Roadmap say T1 exchange in Q4
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#TipsTradingFutures #BITCOIN $BTC in small timeframe 2 hours i feel bullish but only for a while and only for scalping until btc makes a new higher high higher than the price of 69500$. besides it makes a bullish engulfing candle and does swifting the price of 67.4 this is enough factor for me to do long position
i do scalping ranging trade bottom 66.9 k top 69.5 i am a max leverage user in range trading 2 k very profitable in my method #Agressivemode
in large timeframe 1 day i remain in#bearishposition . downtrend line will be broken today get ready i will close all my long positions when#btcmakes a higher high
i am long on altcoins $APE #mew #popcat and some others
#TipsTradingFutures #Bitcoin finally rebound we have got at level 67.4k strong bulls try to maintain price in that area but we also see strong and stable selling pressure as resistance at level 69200
this week is a very volatile week avoid taking position in neutral area 68 -68.8k i am very sure market is waiting for US election, data and fed conference to determine the real direction to be headed
$BTC i remain on bearish side until now in next 2 weeks because in big time frame we enter overbought area, fear n greed is in green position, and there are still many fair value gap that must be filled below level 67k by #BTC and moonphase trade is proven to still play its role in decreasing during new moon.
and in market structure there is no reversal. even if later there is a higher high formed we have to be careful, it is possible that bears will make a bulltrap to take liquidity in the market and continue its decline daily timeframe sentiment invalidation level time frame still bitcoin must make a new ath as long as it has not happened, my daily view is still pointing to a correction. in the 2 hour chart the closest target direction must take and break out of the trendline that is formed and I am sure it will be penetrated in the next 1/2 day
morning holder #ETH who I am sure will not let go of his goods after reading this
Ethereum has been getting a lot of FUD lately compared to solana which is performing stronger.
ignore the news and FUD focus on the chart apart from seeing and hearing the founder's voice singing hahahaha 🤣
in the weekly timeframe, eth's condition is actually still bullish, even very bullish, but it is humane when some people are afraid of ethereum's crash because its fate is on the edge of a cliff
in my opinion, ethereum is still an altcoin that deserves to be ranked second after Bitcoin the reason is that ethereum strengthened at the end of January to the second week of March from a price of 2150 to 3934 in just 48 days while the correction that occurred on ethereum lasted approximately 145 days and is still above the level of 2150 $ that indicates that the decline that occurred was very corrective, not impulsive
the pattern in the big weekly timeframe that has formed from 2021 to the present is a pattern that indicates a bullish direction and is still in process, namely "inverted Head shoulders" and 1 more bullish pattern that formed in June 2022 leads to an ascending triangle pattern the 2 patterns are bullish pattern that we can't ignore
in the 1 day time frame, if you look at it briefly, ethereum's performance is very bad, we can see that eth has formed a bearish pennant pattern on the 1 day time frame but on the bulls side they see that ethereum has made a double bottom. and is holding on to the ascending triangle support line weekly timeframe and this should be the right time to add goods.
I myself prefer to be on the Bullish side towards ethereum
$BTC we have seen an incredible rejection from the 71630 level
meaning we continue to get selling pressure from sellers
and if we look at the 1 hour timeframe #BTC has formed a Bearish pattern #Penant which means we will see a continuation of the decline from the current price to the next support point if the 68.4 k level cannot be maintained by the Bulls then the next price to be visited is 65-66 k worst 64.7 k
invalidation of the bearish scenario is at the 71630 level close daily time frame for now
let's see in the next few hours the bullish direction or continue its weakening
I am in a short position by adding my position on price manipulation when the NFP data, unemployment rate and PMI came out which resulted is negative for the market 🩸
$BNB is at a crossroads between continuing to strengthen or falling at its correction point
a very extraordinary Bulls Vs Bears fight bulls form an inverted head n shoulder pattern & at the same time bears imply a bearish Rising Wedge pattern
currently there is no confirmation of which direction will be run
however we can see some crucial levels that must be considered in the next few days
bulls scenario confirms if BNB can close on a daily time frame above level 620 impulsively and with large volume invalidation of the Head n shoulder pattern closes below the price of 527 daily time frame
bears scenario confirms if BNB closes below level 558 on a daily time frame. invalidation pattern rising wedge price close above 641 daily timeframe
let's watch the next movement of BNB and get a trading opportunity in its movement
#BinanceBlockchainWeek will it be a sell news event or will the price go up? only time can tell
moon phase has a beautiful correlation with price movements $BTC
at least we can see the movement of bitcoin prices from March to today with the moon phase that occurred
I was also very surprised when I saw this. Indeed, nothing is certain, but after I did a backtest, it turned out to be an extraordinary correlation that occurred for almost 7 months
no wonder why yesterday the bitcoin price movement was corrected from the moon phase side, we have entered the new moon, exactly 7 hours from now this means there is a possibility that the bitcoin price will continue to weaken to a lower price
if we look at the 1-day timeframe, the strongest support for now is at a price of 64-65 k
will bitcoin visit that price tonight? only time can tell
don't forget tonight there will be US unemployment rate and nfp data usually volatility increases at those hours
be careful in making choices or entering the market at those hours.
if you agree and like this please like and follow this account.
you can also request what altcoin will be discussed in the future
all your favorite coins will be discussed from my point of view still #dyor #btc
Yesterday after almost 40 hours we consolidated at a price of 72 k. Finally there was a correction.
The bear view will see the increase in btc to 73.6 k yesterday as a "Fakeout" and form an Evening star candle on the 1 day timeframe.
this adds to the selling pressure that will occur in the next few days
not to mention in a smaller time frame (1/2 hour) we have again created a new low of 68.7k which in the previous movement was at 70.8k which means it has changed the bullish trend to bearish in a smaller time frame
if btc is unable to hold at the 68.4k level then the next target is 65-66k because in that area is the starting point of an impulsive movement towards a price of 73.6k
will bitcoin continue its decline?
I am on the side that answers "yes"
not to mention today there are 2 important US economic data that came out, namely "unemployment Rate and NFP" these 2 data if the results are outside market expectations then they will be one of the triggers for the next decline in bitcoin
however the bull view will say this is a correction that must be done for a healthy movement and the next pump
there is nothing wrong with these 2 views. anything can happen. because only time can answer the truth.
don't forget to follow
my next post will update about the correlation of moonphase with the price of bitcoin one that can be used as a view for us to determine the next movement of bitcoin prices up or down #DYORAlways
$BTC seeing the correction movement carried out by btc I am sure altcoin will also be affected
$DOGE we have seen an extraordinary impulsive reaction when #dogecoin breaks the falling wedge pattern that has formed since March 2024 apart from #Doge always been assisted and guarded by #elonmusk lately. but we do not focus on that. we focus on what the doge chart is doing
doge has reached the upper target of the Falling wedge. traders and holders who bought dogecoin at a price of 0.08-0.09 have definitely taken advantage of the spike that occurred in dogecoin
the chart below has certain levels that must be considered in the current pullback.
there is a fair value gap created around the price of 0.11-0.22 at that level is the most likely to be visited by dogecoin for its correction this time.
falling wedge has been reached. will dogecoin give a new pattern? in my opinion "yes" the possibility that will happen is doge will form a head & shoulder pattern or form a new falling wedge. based on the historical chart in October 2020
do you have the same view? if not please issue your analysis in the comments column and the reasons.
I have made a short entry from a price of 0.17 target 0.122 / 0.11
Good evening Binance citizens 🔥 #Bitcoin is at a crossroads where the end of the movement continues to narrow and forces bitcoin to decide its direction in the next few hours
bitcoin has formed an equilateral triangle pattern in a small time frame whose direction is almost unpredictable but it can also be an opportunity for us traders to make a decision
this is one of the views of the entry point and exit point that can be additional information when we want to enter the market in the short term.
I have chosen to be on the bearish side.
do you see the same thing?
please write in the comments and the reasons
don't forget to follow the next developments follow my account
I will discuss all #crypto at #BINANCEFUTURE 1 by one in real time both in small timeframes or large timeframes 🔥