BITCOIN still in Bearish Zone#BITCOIN 1-hr. Chart Analysis
As per present cycle of Descending Broadening Wedge Pattern of CRYPTOCAP:BTC , soon it takes a little pump up to $25.5k to $25.7k but as per complete cycle of Bearish Pennant Pattern it will be declined for uptrend cycle and goes towards $24.5k to $23.5k soon with another Dump into market and may be it will happening into next 2-3 days.
Always #DYOR before investing in #Crypto and Trade wisely by using of #StopLoss
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Bitcoinprice
BITCOIN still under #BearishZone#BITCOIN 1-Day Chart Analysis-
As per CRYPTOCAP:BTC daily chart, Yearly Cycles running into Ascending Broadening Wedge pattern, then its final wave is nearby touched their support level and soon break-out up to $22.5k to $19.5k to complete its Bearish Zone cycle up to 5/7 sept., while monthly cycles moving under Descending Broadening Wedge Pattern, and as per that after the current downtrend completing, its upper Bullish divergence starts soon from mid of Nov. 2023.
At present, market is under volatile situation and Bears & Bulls both ready for their move, and Whaler's are also find the easy gap of 6k-7k for big Pumps & Dumps on this situation. So, as per that chart pattern will be change too, but majority of chances of Bitcoin moves as per given pattern.
Always #DYOR and Trade with #StopLoss, It's #NFA
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Looming 📉 24th Aug - 28th Sep Btc could test support 26700 -- 27600 if sustains then possibly it could bounce to 29700 within dec
If rejection happens from 29700 then 📉 📉 it could crash to 8500 ( April 2024) marked in the chart
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Swing Buy Opportunity in IPCA LabPlease Refer the Chart of Entry, Target and SL.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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BTC in Bearish Parallel Chanel PatternBITCOIN 4-hr Chart Analysis
CRYPTOCAP:BTC at present moving as per Descending Channel's in Parallel Pattern with more Bearish mode, and soon be ready to break out Last Lower-High strong support of $28,300 to moving towards FWB:27K to next step of Lower-Low trends in Bitcoin Market.
This time, very big chances to break down approx. 7% to 10% soon.
Let's wait, what's the next move of market but as per my opinion, soon it will be in bearish zone.
anyway, always #DYOR and Trade wisely by using #StopLoss, It's just #NFA
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BITCOIN - Halving'20 to Halving'24 Price Projection#BITCOIN Weekly Chart Analysis
Here in this chart, I calculate CRYPTOCAP:BTC value at previous Halving time with their Last Lower-Low Cut-off Mark was $3.9k on March 2020 while Last Halving on 11 May 2020 with BTC Value on that day was $9.8k and First #ATH was created after Halving around in 11 months with $63.5k Mark Value.
Now same as per previous patterns, if i will follow it-
The upcoming Last Lower-Low is around $21.5k to $18.5k around Sept-Oct. and around Halving time of 11 April to 11 May 2024 its Value reach approx. $45k-50k and Next #AllTimeHigh will be create around Feb-March 2025 approx. $120k-$150k and then a Break-down comes and the final #ATH will be create around Nov.2025 to Jan. 2026 with min. $180k to $220k and max. $240k-$280k approx. as per Previously created Parabolic Chart View of Bitcoin Price Projections.
Always #DYOR and Trade wisely by using #StopLoss, it's #NFA
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BTCUSD 30 July Target 100% Perfect🤑🤑#We Make Only Profit.
Bitcoin's price today is US$30,001.65, with a 24-hour trading volume of $10.88 B. BTC is +0.41% in the last 24 hours. It is currently -4.42% from its 7-day all-time high of $31,388.55, and 0.96% from its 7-day all-time low of $29,717.09. BTC has a circulating supply of 19.44 M BTC and a max supply of 21 M BTC.
#BTCUSD #XRPUSD
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
Breaking Through Boundaries: Is Bitcoin Set to Soar to $29K?Prepare yourself for the storm that looms on the horizon! Bitcoin, the enigmatic cryptocurrency that has enthralled investors, appears to be on the brink of a momentous bearish breakthrough. In this gripping analysis, we delve into the eerie calm before the storm, exploring the signs that foretell an imminent downturn. Get ready to have your beliefs shaken as we reveal why Bitcoin's price could be on the verge of a jaw-dropping descent.
owntrend Despite SEC Approval
The SEC's decision to approve XRP as a non-security was a major victory for Ripple, the company that created the cryptocurrency. However, it's not clear that this will translate into a significant uptrend in XRP's price.
There are a few reasons why XRP's price could still decline in the near future. First, the SEC's decision is still being appealed by the agency. If the appeal is successful, it could mean that XRP is reclassified as a security, which would have a negative impact on its price.
Second, the broader cryptocurrency market is currently in a downtrend. This means that even if XRP is approved as a non-security, it's possible that its price could still decline if the overall market continues to fall.
Finally, there are some concerns about the long-term sustainability of XRP. The cryptocurrency is heavily centralized, with Ripple owning a large percentage of the total supply. This could make it vulnerable to manipulation by Ripple, which could also lead to a decline in its price.
Overall, it's too early to say whether XRP's price will go up or down in the long term. However, the SEC's decision to approve XRP as a non-security is not a guarantee that its price will go up in the short term. There are a number of factors that could still contribute to a decline in XRP's price, including the appeal of the SEC's decision, the overall state of the cryptocurrency market, and the long-term sustainability of XRP.
Here are some additional factors that could contribute to a downtrend in XRP's price:
The continued development of other cryptocurrencies, such as Ethereum and Cardano, which could offer better functionality and security than XRP.
The increasing regulation of the cryptocurrency market, which could make it more difficult for XRP to be used for payments and other financial transactions.
The lack of adoption by major financial institutions, which could limit the demand for XRP.
Of course, there are also some factors that could contribute to an uptrend in XRP's price:
The successful launch of RippleNet, Ripple's cross-border payment network.
The increasing adoption of XRP by businesses and consumers.
The development of new use cases for XRP, such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
Ultimately, the future price of XRP is uncertain. However, the factors listed above suggest that there is a greater chance of a downtrend than an uptrend in the near future.
BTC/USD trade in consolidation zoneHowdy Traders,
We can see that Bitcoin has been trading in a range for several days. This means that the buyer and seller are satisfied within this range. Bitcoin tried to break this range but failed and it was a fake breakout and many buyers were trapped in this breakout.
Looking at this fake breakout, I feel that the market may go down a bit.
Target: 30961, 30800, and more,
Thank You,
Money_Dictators
BTCUSDT SHORT 15 MIN ENTRY @3025
SL @30353
TGT@30010, 29800, 29540 +
After a SL in long entry previously I have taken a short position as per my setup post retest and a breakdown of support. There is also a bearish crossover and it is below 0 level so let us see if this takes a SL or target. There is no shame in taking SL for me as I know my setup gives me a 1:5+ ratio in trades so I do not mind taking SL 5-10 times straight. I tried taking trades on 5 min they work on BTC but now as 15 min or 1 hour. So from next time I will try to trade only on 15 min min frame ignoring shorter frame of 5 or less in Bitcoin.
BTC’s price hit $38624.14The price of BTC/USDT has been dumped by -1.05% in the last 24 hours. Bitcoin is shown in the bearish mode & it will touch $24000 in 2023 and in bullish mode it will touch the $38600 in 2023. The previous All Time High was on 10th November 2021 where BTC was priced at $69,045.
It has moved by 17.54% in the past week and it currently at $30000 approximately. There is slight bearish sentiment shown in the crypto market But in the long term it will hit the $34900 approximately in 2024. The current market cap of Bitcoin is $582,490,336,788.
BITCOIN BULLISH STRUCTURE 1 HOUR This is BTCUDT 1 hour frame long position. As per my setup it has given a long entry breaking previous swing high and now that is acting as support. Targets are marked with yellow lines upside. The structure is simple with finding Demand & supply zone. I always prefer horizontal support as I do not find trendline useful my style of trading. The RR is always 1:5 + in every trade I take.
GALUSDTH&S pattern
High risk
Wait for 4H candle closer abover the zone 1.2300
Then a pull expect a pull back for buy opportunity
Max leverage 3X high Risk.
Let's see how it goes , will post signal on it ,when we get opportunity to long
Also if breaks the trendline resistance,it can go to moon🌙🚀
Bitcoin at a key pivot level on the daily chart Bitcoin took support at the neckline of the head and shoulder pattern and now is back to the former resistance levels from where it fell. This is a key pivot level and any break above this will open up a substantial upside for the crypto currency. We have also been getting a good rally in the equities and is there now a case when the riskier assets are being favored? There is the powell testimony today and that will move the counter for sure. But for now and from a technical perspective this rally on the daily chart means the uptrend is intact and that we are more likely to get a breakout than get a breakdown from here on. So wait for any break above the level and then go long.
BITCOIN MARKET ANALYSIS: MAJOR SUPPORTBitcoin is hanging by a thread and is at critical support on the higher time frames. It is at key demand zone of 25.4k - 24k zone. If the level holds, we could see a rally in BTC towards 36k-40k.
However a break of 24k with candle closure, is not going to end well. We could see a further correction to 18k if this were to play out.
Watch these levels closely in the coming days/weeks.