Bitcoin (Cryptocurrency)
Inverse Correlation Between BTC and US Dollar Economic narratives and dialogues covering crypto and traditional market trends have discussed the hypothesis of inverse correlation between Bitcoin and the US Dollar. As the world’s largest cryptocurrency was created with the vision of decentralized substitution for centralized fiat currencies, we have seen the hypothesis becoming true in the past couple of days. As reflected in the chart, BTC is definitely thriving on a weaker dollar.
Weekly Analyze of Crypto Investing in July, 2022This week, the popularity of the crypto market has increased, and the market has broken through with the trend, and the trend is expected to remain.
BTC’s daily breakout and step back verification trend extended to the weekly line, and finally it successfully stopped falling and completed another breakthrough. The daily line returns to the upward trend, and there is a certain resistance on the upper edge of the upward channel constructed. The support range is 22000-22500, and the pressure range is 26000-26500.
ETH has a positive weekly line and is currently in the process of repairing the second big Yin column in the previous downtrend. If the potential resistance of MA120 is superimposed, the pressure range is 1900-2000. The daily line showed a pull-up, and the consolidation broke through the higher pattern again, and the trend was still strong. Trend defensive range 1500-1600.
Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market.
XAUUSD GOLD SUPPORT AND RESISTANCE LEVELS 25-07-2022FOREX GOLD XAUUSD SUPPORT AND RESISTANCE LEVELS || 25/07/2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
#forex #gold #technicals
Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves.
warning: Note! The Analysis video shared here are for educational/informational purposes only.
BTC/JPY - weekly Analytics + Altcoins 25.07.2022At the moment bitcoin is in the correction phase to the momentum, which originated on July 13, 2022. It is a counter-trend movement, but according to our expectations it should not change it, the upward momentum will confirm this idea.
Altcoins:
Tron continues to be in a consolidation phase, which is positive for future growth, often after such consolidations strong impulse waves are formed, we still see prospects for growth in this coin.
BTCUSD Bearish flag pattern !Bearish flag pattern formation on BTC on a daily timeframe !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only!
🔹 If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
BTC (long + short)A choch has occurred towards the order block from which we need to short btc. After a liquidity sweep of equals we'll see an upward movement towards our main order block from which we'll look for short trades.
My analysis shows this probability, what do you think ?
Help me out if you think I'm making mistakes. Thank you
BTC support at 22500#BTC has multiple supports at around 22500.
1. Ichimoku clound on daily TF
2. 50 DMA on daily TF
3. Trendline support
4. Horizontal line support
Breaching 22500 on daily TF will open the floodgates on the downside. Till then this level can be safely considered to be SL for long position.
btc next move my expected new uptrend date from 15 AUG ....this This uptrend is predicted by seeing previous historic price action . follow if you like the TA" . on weekly time frame only . it be bullish after a certain consolidation period . between the area of 20k USD to 25k USD after which the bull rally begins oficially .
BTC bottom in ?? Nah!In this chart I have illustrated a possible scenario which can play out (at least that's what i think).
There is still a lot of sell off left .
1. Volume decreasing on daily
2. Price is below the weekly MA for the 5th week in a row
3. Unstable macro economic conditions
For all those who are saying the pi-cyle bottom flashed. I have only 1 question:
Did bitcoin ever trade in a macro bear market ? Cause all the times pi model printed a bottom it was in a macro bull market (Just like bitcoin broke the previous ATH to the down side . this was something which never happened before)
BTC/JPY - weekly Analytics + Altcoins 18.07.2022At the moment, the price consolidation is fully formed by the current impulse breakdown, the false breakdowns at its lower boundary indicates that the big players were actively buying bitcoin at an average price of 2780000, this indirectly indicates an incipient long-term rising trend, an excellent confirmation of this idea will be the price climbing to the area of 3450000.
Altcoins
Tron is approaching its upper diagonal resistance boundary, its breakdown will confirm our expectation of further long-term growth.
BTC/USD - weekly Analytics + Altcoins 18.07.2022At the moment, the price consolidation is fully formed by the current impulse breakdown, the false breakdowns at its lower boundary indicates that the big players were actively buying bitcoin at an average price of 20,500, this indirectly indicates an incipient long-term rising trend, an excellent confirmation of this idea will be the price climbing to the area of 25,000.
Altcoins
Tron is approaching its upper diagonal resistance boundary, its breakdown will confirm our expectation of further long-term growth.
BITCOIN IS FORMING A W PATTERNBitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside.
Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is only to trap retail, spread euphoria and form a higher low.