Bitcoin is forming bottom, we still have to see more fall towards 16.9 - 18.1 k, that's where bottom resides.
Why I say so? there are 2 reasons for it
1- Tech analysis (covering in this chart) showing we have to go down to re-affirm the W pattern in H4 and double bottom . We are still under -DI which needs to be neutralized.
2- Fundamentally and historically...
Supply and demand pattern formation on ETH on a 4hr timeframe ! Target should be around 1050$ !
🚫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 Market sudden crash ! This chart is invalid !
Thank you!!!
😊😊😊
Fundamental Development:-
After starting a recovery wave above the USD 20,000 resistance zone, Bitcoin is facing a key hurdle near USD 20,500 and USD 21,200. It is currently consolidating above USD 20,500 and is up almost 3% in a day and down 9% in a week. Similarly, most major altcoins are stuck near key hurdles. ETH is struggling to clear USD 1,140 and USD...
it seems like 2024 3-4th quarter will be the next bull start with all the current geopolitical affairs and inflation control measures and bottom near 9k..... then will lead towards 200000 - 2,50,000 hoping bitcoin ETF by then, till then keep accumulating specially XRP if law suite finishes as it was more then ETH but due to lawsuit it is on lower position but...
Final puke across all the crypto market is due IMO, various factors pointing there, lets not get into the details.
While the whole market is screaming "Cheap" "bottom" "All-in", be aware of this scenario as this holds a very good probability.
Solana to $25s while $BTC at low $20k is what I see.
Might be wrong, NFA.
Staring at this chart from a while, it really boils down to this IMO
Wait for the trigger in the either direction before placing big boy bets.
I'm personally leaning lower. Would be a perfect play in the bigger scheme of things.
You do you, Anon
NFA
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You...
Fundamental Development: - Data from Coin telegraph Markets Pro and Trading View flagged the largest cryptocurrency heading for nine weeks of downtrend in a row — the most in history. Already at a dubious record, Bitcoin’s weekly chart closes provided the backdrop to a weakness that continued to disappoint analysts over the weekend. Even stock markets, troubled by...
Fundamental Development: Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for application and protocol developers on Ethereum.For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. The Merge is the highly...
What do u think will we retest 100$ on ETH? Or do u think it is already over ?
The gamblestation is dead in my eyes, Vitalink has did to many "bad things" for the chain, is it time to swap to Cardano?
I mean Cardano is only in the beginning, could be easily hit 3 dollars by the end of summer.
Bitcoin in H4.
I hope you like the content. I wanted to keep this forum where i can share my ideas in detail and why i think so.
Execution of ideas happen in my trading forum which is has so cost price for the real honest neat and clean trades/ content
Ok let's move on , Today gona share Bitcoin in H4
As said before. Have guts , have balls to buy it's real...
Some expect this floor could be hit in upcoming sessions, especially with the RSI continuing to hover below its ceiling of 34.
The moving averages are also trending lower, with both 10-day and 25-day moving averages extending their respective downward directions.
Overall, ETH is currently 2.09% lower, with no real signs of this bearish pressure slowing down.
Throughout this double top formation, RSI have cooled down and been trading under the oversold zone now. We have good support around $20K, which can act as a bottom. Then we can expect a rally upto $150K
![ETHUSDT: [Crypto] ETH Bear Flag](https://s3.tradingview.com/c/CFTplJRS_mid.png "[Crypto] ETH Bear Flag")
