Not coin updatesOverview
Name: Not Coin (NTC)
Launch Date: Recently launched (specific date varies by source)
Purpose: Designed for use in decentralized applications (dApps) and smart contracts.
Key Features
Blockchain Technology: Not Coin operates on a blockchain platform, ensuring security and transparency.
Smart Contracts: Supports the creation and execution of smart contracts, aiming to streamline various digital agreements.
dApp Integration: Focused on facilitating the development and operation of decentralized applications.
Market Performance
Market Cap: Relatively low compared to major cryptocurrencies, reflecting its emerging status.
Price Volatility: Exhibits significant price fluctuations, typical of new and smaller cryptocurrencies.
Use Cases
DeFi (Decentralized Finance): Potential applications in decentralized finance platforms, offering users financial services without intermediaries.
Gaming: Integration into blockchain-based games, providing in-game currency and assets.
Strengths
Innovative Technology: Leveraging blockchain for various modern applications.
Community Support: Growing community and developer interest, fostering innovation and adoption.
Weaknesses
High Volatility: Prone to large price swings, which can deter risk-averse investors.
Limited Adoption: Still in the early stages of user and developer adoption compared to established cryptocurrencies like Bitcoin and Ethereum.
Conclusion
Not Coin is an emerging cryptocurrency with potential in the DeFi and dApp sectors. Its future growth depends on increased adoption and development within its ecosystem. However, investors should be aware of the high volatility and associated risks.
For a detailed analysis, including technical specs and real-time market data, further research or consultation with a financial expert is recommended.
BTCUSDT
#BTC/USDT Rebound Sparks Optimism#BTC/USDT has recently shown promising signs of a potential relief rally, supported by the formation of a double bottom pattern and bullish divergence. A double bottom typically indicates a reversal pattern, suggesting that selling pressure may have exhausted and buyers are stepping in. Concurrently, bullish divergence, where price forms lower lows while the indicator (like RSI) forms higher lows, signals weakening bearish momentum and a possible trend reversal.
This combination of technical indicators implies that Bitcoin could be poised for a relief rally, with a target retest of the $62,500 level. However, as with any market prediction, it's essential to monitor price action and volume to confirm the validity of the pattern and divergence. Traders should remain cautious and implement risk management strategies accordingly.
#Bitcoin Heating Up: Analyzing the Bulls' MomentumIt sounds like you're analyzing two potential scenarios for the BTC/USDT pair. Let's break them down:
1. **Retest of $60,000 to $59,000, then liquidation of longs, followed by a rise to $84,000:**
- This scenario suggests that Bitcoin might retest the $60,000 to $59,000 level, possibly to shake out weak hands or test support levels. After this retest, it could liquidate long positions (which could lead to a sharp drop in price) before ultimately rising to $84,000.
- This scenario implies a short-term bearish movement followed by a significant bullish move.
2. **Fall to important support levels of $53,000 to $52,000, then rise to $84,000:**
- In this scenario, Bitcoin would fall to the $53,000 to $52,000 support range, possibly indicating a deeper correction. After reaching this support level, the price would then rally to $84,000.
- This scenario suggests a more significant correction to key support levels before a strong recovery to new highs.
Both scenarios indicate potential short-term volatility and significant price movements. It's essential to consider the overall market conditions, news events, and technical indicators when evaluating these scenarios to make informed trading decisions.
Bitcoin Urgent market Update about RejectionBTC/USDT Urgent Analysis
➡️ Current Situation:
BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL).
➡️ Bearish Scenario:
There’s a possibility that BTC may retest the $57,000 range.
➡️ Key Levels to Watch:
- $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K.
- $65,540: Place your stop loss here if you have open short positions (avoid high leverage).
- $67,300: The last HH level. If BTC breaks this, the HH/HL pattern is invalidated, signaling a bullish rally towards $100K.
Stay alert and manage your positions carefully!
Why "V" Shape Happened Last week in #Bitcoin ?Why "V" Shape Happened Last week in #Bitcoin ?
High Risk-to-Reward Reversal Trades
- Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards.
- Liquidation Levels: Massive pressure on one side of the order book can lead to price reversals after liquidation levels are hit.
- All Liquidation Levels Hit: If all liquidation levels in one direction are exhausted, there's minimal liquidity left, causing a natural price reversal.
Opportunities for Traders:
1⃣ These reversals can mark local tops/bottoms, offering high risk-to-reward trades.
2⃣ Use tight stop losses and further take profits for maximum reward.
3⃣ Increase your chances by finding confluence with other indicators or support/resistance levels.
CRYPTOCAP:BTC #BitcoinETF
$BTC Risk-Managed Trading Beyond $64,500CRYPTOCAP:BTC Risk-Managed Trading Beyond $64,500
Red Box Resistance: The crucial resistance level is at $64,500. For a bull scenario, we need to see a confirmed candle close above this level.
Potential Breakout: If #BTCUSDT breaks above the red box, we could witness a rally toward a new all-time high.
Risk Warning: Only enter high leverage positions after clear confirmations to minimize risks. Proper risk management is essential.
#Bitcoin #cryptocurrency
Important BTC Update:Bulls and Bears Face Off at $64,000BTCUSDT Update: Current Resistance at $63,000
BTC is trading at the crucial $63,000 resistance level.
Next Move:
- Bullish Scenario: A decisive breakout above the $64,000 resistance could trigger an upward rally to a new all-time high.
- Bearish Scenario: Failure to break $64,000 might lead to a downturn, pushing BTC to the year's new low in the $45,000 - $50,000 range.
Keep a close watch on these levels as they will decide the next direction of BTC. Stay tuned for further updates!
$BTC Update: Falling Wedge PatternCRYPTOCAP:BTC Update: Falling Wedge Pattern
Bitcoin is currently bouncing back within the yellow box but remains inside the Falling Wedge pattern/Bull Flag.
Bulls need to surpass the $65,000 resistance level to confirm an upside breakout. If successful, we could see BTC headed toward $95,000
However, if BTC fails to hold the yellow Box support, expect potential downside to $50k and $40k.
Stay cautious and keep an eye on these key levels!
#Bitcoin #Crypto #TechnicalAnalysis
Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Count
Greetings traders and investors,
Current Analysis:
The current BTC scenario appears bearish. As discussed earlier, I highlighted the likelihood of a significant dump. I hope you adhered to the warning and avoided long trades around $70,000 - $72,000.
Chart Analysis Recap:
The chart shows a clear bullish pennant formation, usually indicating a bullish trend. However, based on my experience, the market often moves contrary to expectations.
Pennant Breakdown:
#BTC briefly broke upwards before a fakeout and a subsequent breakdown below the bullish pennant.
Critical Breakdown:
After breaking below the $66,000 level, #Bitcoin dropped further past the red trend line and retested $67,400. Many traders, fearing missing out, opened long positions at this level only to be liquidated shortly afterward.
Elliott Wave Count:
We're currently in the 5th count of a fresh Elliott Wave and the 3rd sub-wave count. Expect a slight upward move to fulfill the "A" and "B" count.
Upward Move:
Expect a short-term pump towards $61,000 - $62,000.
Major Dump: Post-pump, BTC could dip further to $50,000, with potential dips toward $45,000.
Support & Resistance Levels:
Support: $51,000 / $42,000
Resistance: $62,000
Note:
If BTC breaks above the $62,000 resistance, the Elliott Wave count could change, then i will update.
Like & share if you agree with my Analysis
Trade safely,
$BTC Plan Blue for Long-term #Crypto Investment:Phase 1 - Buy 50% at 58k
Phase 2 -Buy 30% at 49k
Phase 3 -Buy 20% at 38k
If you're starting a new portfolio, consider buying some Bitcoin and Altcoins at the current price levels and then remaining 50% at 49k & 38k as per our plan.
There's no need to fret over your long-term investments, just remember to HODL.
Remember, it's impossible to accurately predict the exact bottom of the market, so always do your own research before making any investment decisions.
NFA DYOR GL.
BTCUSDT.P | 4H | TECHNICAL CHART | Hello traders, Wait breakout !
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Please don't forget to like my posts for continuous update.
TraderTilki
$BTC | 1H: Today Plan:The local bottom has formed on the daily time frame for Bitcoin. Both spot and perp are showing continuous bids for Bitcoin, leading to higher highs.
The bulls are showing strength in lower time frames with the 50 & 200 EMA and the weekly open, aiming for at least 78k. Let's go! BINANCE:BTCUSDT
Previous Day:
VAH: $65184
POC: $64947
VAL : $65870
Date: 22 Apr 2024
$BTC | 1H: HTF Plan:I believe that a local top has been formed on the higher time frame for $Bitcoin. The key liquidation levels to watch are at 72k and 59k.
My prediction is that Bitcoin will likely retest the 59k level before reaching a new all-time high.
The #Bitcoin event is just two days away. Spot buyers seem to be lacking strength.
Many are currently shorting Bitcoin, but we may see a short squeeze before the halving event, followed by a subsequent dump. BINANCE:BTCUSDT
BTC UpdateA new CME gap has formed around $67,630. Currently, there are two nearby gaps at $67,630 and $63,550.
It's worth noting that approximately 90% of CME gaps tend to be filled sooner or later, whether it's within a week or a month. Keep this in mind.
Regarding BTC, I anticipate it will touch the upper trendline of this symmetrical triangle or even surpass it, but it could be a fake out. There's a possibility of rejection around $74k or $75k, at which point I'll be looking for short trades.
Following that, BTC may proceed to fill both CME gaps entirely and prepare for new all-time highs within the next six months.
$BTC | 1H: Short-term Plan:
Hong Kong's approval of a BINANCE:BTCUSDT Spot ETF and the anticipation of a new all-time high ($75k) above the previous point of interest at 68.5k.
The recent dip caused by tensions between Iran and Israel has led to the liquidation of long positions, Now time to liquidate shorts. Let's go for it!
BITCOIN BEARISH MODE SO READY FOR $50,000 ?#BITCOIN BEARISH ALERT
Market Status: Bearish
Key Observations:
Pattern Breakdown: Bullish Pennant formation has been compromised.
Trend Line Status: Currently trading below the key trend line.
Targets: $50,000
Condition:
This target is set under the condition that #BTCUSDT remains below $65,500.
Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target.
Stay tuned for further updates!
CRYPTOCAP:BTC #Cryptocrash
1 $APT = 1 Apartment
Looking to add some Aptos around $12.0. The noticeable Massive Rounding Bottom pattern on the weekly chart signals a bullish market trend, indicating a big pump in the upcoming months, potentially reaching $50.
- Parallel execution of transactions
- AptosBFT consensus mechanism
- Scalability, security, and reliability
As the alt season is on the horizon, it could be the right opportunity to put your money in AMEX:APT . Let's stride ahead!
$BTC | 1H: Game plan:We will be looking to enter a long after the Monday low swept with POI and 200 EMA confluence.
It seems that spot buyers are showing strength while shorts are shorting, which could potentially send CRYPTOCAP:BTC higher.
Our targets for this week are as follows:
1. 72k Liquidation✅
2. 73k Sell order 🔄
3. 75k New ATH 🔄
BTC BTC BTC BTC, to even crash more or a recovery from here.so we recently witnessed a great closing from BTC above its previous all time high in weekly and monthly closing that is a very strong signal that market is perfectly bullish, but what is it currently happening.
so BTC in order give a perfect breakout from its all time high will ofcourse require to accumulate as much volume as possible thats what is currently happening in the market.
BTC is currently being traded at 65896, and I am expecting a dip up to 57k in 56956k to 60821 area.. there is a good chance BTC recovers from that area very quickly and less chance that it takes a spike up to 52k in 50539 to 53072 area. in either case market is still bullish until it breaks downwards from 47k but it wont reach there.
so trade accordingly and have a very good day.