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Bitcoin (Cryptocurrency)

GOLD IN BUYsorry due to system problem cant update yesterday GOLDUSD BUY correction done @ mar26 2.30pm...now we got low @ 2157.140 also 4h confirms the high @ 2200.487 using fibo we got 2 buy entry.... 1st zone@ 2174-2169...2nd zone @2160-2156 before that in 50% we got hidden ob@2178 it confirms 15m but only scalp entry we got... yesterday night market hit 1st buy zone @2174-2169 then market confirms in 15mins with my low founding rules... so i place buy limit @2174-2172 Sl 2168.5 now market confirms typey 2 choch method in smc so that trend has been confirmed in buy on 15 mins and now 1hr candle also confirms the same trend... but in pattern seems sell pattern so 70% upside and 30% down to 2nd strong zone NOTE: EDUCATION PURPOSE ONLY
OANDA:XAUUSDLong
by SATHAYAM_ACADEMY
Why The Crypto Bull Rally Will Continue!The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed. The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign. The big red candles are concerning but selling has subsided in the last 7 odd days with some pocket pivots popping up. The RS line is indecisive but gradually moving upwards. Better be long here as the trend has been heavily bullish ! The break of the inside bars on either side will confirm the trend.
CRYPTOCAP:TOTALLong
by rjun212
👑Bitcoin Analysis: Trading Amid Price Correction📉🔍Today is Tuesday, and it's a favorable day for trading. The cryptocurrency I'm analyzing today is Bitcoin. In the initial candle of the day, Bitcoin experienced a downward movement of around 6%, reaching a support level of $63,054. We need to observe its behavior in the subsequent candles around this support level. 🌊From a Elliott Wave Theory perspective, we've seen a reversal in the lower wave cycle on the 4-hour chart, indicating a minor downturn. However, in the higher wave cycle, Bitcoin remains predominantly bullish, and this correction appears to be a minor adjustment necessary for subsequent upward movements.It's important to note that these corrections on higher time frame charts can shape long-term trends, potentially providing profitable opportunities on lower time frame charts like the 4-hour. 💪The latest key level where price bounced back is around $68,100, forming a strong Potential Reversal Zone (PRZ). This zone coincides with the Point of Control (POC) indicator of the fixed range volume profile, the 0.38 Fibonacci retracement level of the downward wave, and the resistance line of the Elliott Wave Theory. Additionally, the golden cross of the SMA7, 25, and 99 further strengthens this zone. 📊The volume of red candles confirms the short-term downward trend but currently doesn't show any weakness. We need to monitor how the volume behaves in case of a correction. ✅For traders holding short positions, consider taking profits if the price finds support at $63,054. Otherwise, exercise patience and wait for a potential drop to $60,849. If the price sharply rises, take pleasure in your profits. For risk management, set your stop-loss if the sharp upward movement occurs, as it could happen easily due to the overall bullish trend. 📉If you don't currently have a position, wait for the market to establish a new structure before taking any action. If you're unable to wait for a new structure to form, consider opening a short position when the RSI enters oversold territory. However, be aware that this is a risky move. By considering these factors, traders can identify potential trading opportunities amidst Bitcoin's price correction. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
by itsparham96