Bitcoin Bybit chart analysis May 17Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Nasdaq is moderately trading sideways.
Subject to vertical decline in Tether dominance
I created today's strategy.
At the bottom left is the entry point for yesterday's long position.
I proceeded by connecting Purple Finger's $65,426 as is.
*Red finger movement path
One-way long position strategy
1. $66147.5 long position entry zone / stop loss when breaking out of the green support line
Long position 1st target Top -> 2nd target Good -> 3rd target Great
When reaching the 3rd target during the weekend
The medium-term downtrend line will be broken through.
After touching the resistance line on the 5-minute chart in Tether Dominance
The vertical drop must be connected,
MACD deadcross on the 4-hour chart was ignored.
Section 1 at the bottom is guaranteed to be extremely lateral.
Section 2 is the 1+4 major support line.
We must support unconditionally in section 2.
Lastly, please pay attention to Nasdaq variables.
Key resistance prices at the top and bottom of the chart,
I left the support price, so I think it would be good to use it.
Please note that my analysis up to this point is merely for reference and use.
Please operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
thank you
Search in ideas for "tether"
Bullish Flag Pattern Emerging on #USDT.D The formation of a bullish flag pattern on #USDT.D (Tether dominance index) could have significant implications for the broader cryptocurrency market, particularly Bitcoin (BTC) and altcoins.
A bullish flag pattern typically occurs after a strong upward price movement (flagpole), followed by a period of consolidation (flag). This consolidation phase is characterized by lower trading volumes and a narrowing price range, forming a flag-like shape on the chart.
If USDT.D breaks out of this bullish flag pattern to the upside, it could indicate a continuation of the previous uptrend in Tether dominance. In the context of the broader market, this could mean a preference for stablecoins like USDT over other cryptocurrencies, suggesting a potential shift towards risk aversion or uncertainty among investors.
Given the inverse relationship between USDT.D and the rest of the crypto market, a breakout to the upside in USDT.D could indeed lead to a significant correction in both Bitcoin and altcoins. This is because investors may perceive stablecoins as safer assets during periods of market turbulence, leading to selling pressure on riskier assets like BTC and altcoins.
In summary, a bullish flag pattern formation on USDT.D carries implications of potential risk aversion in the cryptocurrency market, with the possibility of Bitcoin and altcoins experiencing a notable correction if the pattern breaks to the upside. Traders and investors should closely monitor USDT.D for confirmation of this pattern and adjust their strategies accordingly to manage risk effectively.
Bitcoin Bybit chart analysis April 25Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
It is wide open below the purple support line.
Tether dominance is also on the rise.
There is no good news coming out at 9:30 on Nasdaq today.
In case of a plunge, bits may also be coupled.
Please check the analysis text carefully.
*Sky blue finger movement path
Short->Long switching
Two-way neutral strategy
1. Short position entry area of $64247.5 / Stop loss when the purple resistance line is broken
2. Long position switching at $63408.5 / Stop loss when the purple support line is broken
At the top, $64940.5 is the primary target -> Top secondary target.
As of now, there is no room to eat short.
This is a situation where not even the slightest wave has emerged.
When touching the $64247.5 short entry position at the top
It may proceed according to strategy, but
with a vertical fall
You may fall to section 1 or Bottom.
Be careful when doing long switching.
Even in the case of tether dominance, an upward pattern is in progress.
It's hard to die all at once
Because the MACD deadcross on the 12-hour chart needs to be resolved to some extent.
Even if it moves sideways today, it is good for long positions.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis April 22Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
I explained that it was important last week
Tether dominance failed to break through the main resistance line.
Adjustments continue to occur.
The problem is NASDAQ.
Even if the Nasdaq does not crash but only moves sideways,
Your strategy will have a higher chance of success.
Also, the Gap1 section at the top that occurred two weeks ago and the Gap1 section that occurred last week
Hold the center of the purple support line in the new gap section at the bottom
Under the condition of a vertical decline in Tether dominance,
We tried to operate aggressively.
*Red finger movement path
Long position strategy
1. Chase buy at $66022.5 / Stop loss when the purple support line is broken
2. Gap1 section $67101 1st target -> Top 2nd target
Section 1 at the bottom has digits 1+4.
If there is a rebound in this section, there is a possibility of further rise.
Today's daily chart's central line is touched for the first time.
Because it can be linked to the MACD Golden Cross
We did not operate a separate short position.
When you break through the top section, you can check by dragging the good section at the top.
Even if a gap retracement appears at the bottom, a rebound is unlikely.
There may be a further decline tomorrow.
Because the MACD deadcross on the weekly chart is depressed.
Please note that it may continue to move sideways for a while.
Please keep in mind that my analysis up to this point is merely for reference.
Please operate safely with principled trading and stop loss required.
Bitcoin Bybit chart analysis April 18Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There is no Nasdaq index release today.
Nasdaq Bollinger Band weekly chart center line touch section / bottom gap created
Even in Tether Dominance, the Bollinger Band's main peak did not touch the center line.
This is the position just before the uptrend.
Basically, there are a lot of variables.
Even Nasdaq showed irregular movements.
It's really difficult to keep up with the beat.
Because the movement before and after the gap retracement occurs on NASDAQ is different.
From the current location
Above or below support or resistance levels
I created a strategy in case I touch it first.
*Red finger movement path
Long position strategy
1. $60,164 long position entry zone / stop loss when breaking out of the red support line
Target price: $63,915 Primary target -> Top secondary target
*Sky blue finger movement path
Short->Long switching strategy
1. Short position entry zone at $63,915 / Stop loss when the orange resistance line is broken
2. Long position switching at $61115.5 / Stop loss when the green support line breaks away
Top primary target -> Gap secondary target
Even if there is a extreme sideways market today
From a long position perspective, it is not good to break away from the green support line.
Section 2 at the bottom is about the center line of the Tether Dominance weekly chart.
There are many risk factors, so please be careful and aim for the double bottom.
If we succeed in rebounding today
Conditions are created for a further rise after tomorrow.
If it rises along with the Nasdaq this week
There may be an uptrend again.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading/stop loss required.
thank you
OL pumped +10.59%, hitting all time high of $80.97 at 17:16UTCSOL/USDT (Solana to Tether) trading pair. Please note that I am not a financial advisor, and trading always involves risks. It's important to do your own research and make decisions based on your own analysis and risk tolerance.
Your provided information suggests a bullish outlook for SOL/USDT with a buy long recommendation. Here's a summary of your information:
Asset: SOL/USDT (Solana to Tether)
Trade Type: Buy Long (Future/Spot)
Entry Level: $86.35
Target 1: $88.00
Target 2: $90.00
Stop Loss: $82.80
It's essential to stay informed about market conditions, news, and any developments that might impact Solana's price. Also, be cautious about the volatility in the cryptocurrency market.
Bitcoin bybit chart analysis July 25Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
Today is also a very important time
Because the difficulty is high, please make sure to read the main explanations according to the situation.
Nasdaq 11:00 indicator announcement tonight -> US interest rate announcement FOMC at 3:00 am on the 27th
You need to refer to the variables in Nasdaq.
Yesterday's entry into the long position $29,162 strategy remains the same.
If the current position does not fall immediately
There is no place to eat short
I think there are many people who were maintaining it yesterday, so I kept the long perspective.
It's one possibility, so don't put weight on long or short.
Please press the replay button and use it in real time or just refer to it.
*At the red arrow path
long position strategy
1. $29150.5 long position / stop loss when breaking the purple support line
$29726 long position 1st target -> Top section 2nd target
Today, when the Great section is reached
Rather than operating a short position separately, it is better to follow the long position by correcting the stop loss.
I would like to recommend it. (Check tomorrow and enter short position by referring to Tether Dominance if there is no additional rise)
The Great section is the 4-hour centerline of the Bollinger Bands.
The top section is the 4-hour chart resistance line / final short position operating section.
You can prepare for the Nasdaq interest rate hike tomorrow.
(existing 5.25 -> 5.5% expected)
This is the best scenario for a long position in my opinion.
All conditions must be met.
**Below are the parts you need to pay attention to depending on the situation.
The current position is until the Bollinger Band 1-hour chart resistance line touches
This is a short position operating period.
Failure to break through the pink resistance line
It can be directly connected to the sky blue finger section at the bottom. (Bottom section)
When you touch $29349.5 in section 1 shown above
Possibility of further upside or crossover to the green support line
(The stop loss of the long position is changed to a green support line.)
When you reach the great section
Nasdaq, depending on the tether dominance situation
Possibility of rising to the next resistance line, the Top section (4-hour resistance line)
As a result, depending on the situation tomorrow,
By entering the Great section or the Top section as a short
We are also looking at a long switching strategy. (Possibility of bad news in FOMC)
I worked hard to explain,
I'm not sure if the delivery went well.
So far, my analysis is only for reference.
6 principles of trading, I hope you will operate safely with stop loss essential.
thank you
ETHUSDT Bearish View and downtrendA bearish view on ETHUSDT (Ethereum/Tether) suggests that the price of Ethereum is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook:
Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of ETHUSDT. Factors such as regulatory concerns, market corrections, or overall market downtrends can contribute to bearish sentiment.
Technical Analysis: By analyzing historical price data, patterns, and indicators, technical analysts may identify signals that indicate a potential downtrend. Bearish chart patterns, such as head and shoulders, double tops, or descending triangles, could suggest a forthcoming price decline.
Fundamentals: Negative developments in the fundamental aspects of Ethereum could influence a bearish view. This might include issues like scalability challenges, security vulnerabilities, or concerns regarding the adoption and usage of the Ethereum network.
Competition: Ethereum faces competition from other blockchain platforms, such as Binance Smart Chain, Solana, or Polkadot. If these platforms gain traction and attract users and developers away from Ethereum, it could impact the price negatively.
Regulatory Environment: Regulatory actions or uncertainties surrounding cryptocurrencies can significantly impact their prices. If there are restrictive regulations or crackdowns on cryptocurrencies in general or on Ethereum specifically, it could create a bearish sentiment.
Market Manipulation: Cryptocurrency markets are susceptible to manipulation due to their relatively low liquidity compared to traditional financial markets. Price manipulation schemes, such as pump-and-dump schemes or coordinated selling, could artificially drive down the price of ETHUSDT.
Remember that cryptocurrency markets are highly volatile and subject to various factors that can rapidly change the market sentiment. It's crucial to conduct thorough research and analysis before making any investment decisions.
Bitcoin bybit chart analysis June 19Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
I made a strategy by focusing on the 1+4 rebound section.
In the case of tether dominance, there is a strong rebound section from the 12+ daily bar.
Move sideways moderately from the current position, and after tomorrow
Scenarios with strong declines look best.
The beat touched the 3-hour support line of the Bollinger Band.
Even if there is a rebound from the current position, it will be difficult to break through the orange resistance line.
There are no significant indicators on the NASDAQ.
I've trimmed it down to a reasonable level.
*At the red arrow path
long position strategy
1. Entry into long position at $26330 / stop loss when breaking the light blue support line
2. $26622 long position target -> Great section 2nd target
Because today there is a high possibility of sideways
I took a little more leeway on purpose.
Please pay attention to the movement of tether dominance.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you
Bitcoin bybit chart analysis May 12Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
In fact, the position I expected until this week is the current section.
In the morning, as the vertical rise came out of Tether Dominance,
I have reached the current section.
Until the main bar closes, there are three daily cans left.
Even if you support me well without departing from your current position
Next week, there is MACD deadcross pressure on the Bitcoin weekly chart.
The midpoint is the current segment.
In the case of Bitcoin, it is also the nature of a rebound to come when it goes down as much as it goes down.
At the bottom, there is a bottom digit, approximately engraved on the weekly bar chart MACD
And it is also the spot where the daily peak + main peak pattern is restored.
Also, based on the 12-hour chart pattern, a vertical decline is in progress, so
I hope my strategy is wrong for today
I went with a short strategy.
*In light blue finger movement path
Short -> Long Switching Strategy
1. $26658.5 short position entry section / stop loss when the purple resistance line is broken
2. $24366 long position switching / stop loss when completely breaking the light blue support line
If it continues to move sideways without breaking the green support line today
Please note that there may be strong rebounds in the early morning hours or on weekends.
(Tether Dominance Downward Wave)
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
You worked hard this week too.
thank you
🇮 30 Trade Ideas Prove The Future Can Be Predicted | BTC RallyQuestion: Is it possible to predict the future?
Answer: The answer is a big and resounding YES! if you know how to read charts.
Let's get started!
Feel free to boost 🚀👍 at the end if you enjoy the content.
----
On the 21st of November 2022 bitcoin hit a new low.
Based on the length and strength of the bear-market, recent price action and simply experience with reading cryptocurrency charts, I became convinced that bitcoin was about to move up.
If not a full-blown recovery, a "relief rally in the least".
I made this clear by sharing a full trade signal even with leverage just two days later.
(1) 23-Nov-2022 🅱️ Bitcoin Goes Bullish (Easy 333%+ Potential 10X Lev.)
With this trade active and in place, the bearish bias was still too strong and we considered a "flash crash" scenario that did not materialize... Bitcoin went on and started a consolidation phase.
Early December, I was ready to call for $21,650 followed by $26,420...
The deal was simple, it is going up but by how much?
(2) 1-Dec-2022 🅱️ Bitcoin $21,650 Followed by $26,420 vs Altcoins BTC Pairings
Then comes the first signal, the MA200 indicator on the weekly timeframe.
My thinking was simple, this is a long-term support that has failed, it needs to be tested as resistance before bitcoin can go any lower.
If it fails as resistance then we just keep going up, if it holds, then a new low can be set...
(3) 4-Dec-2022 🅱️ Bitcoin Weekly | MA Analysis Points To $24,000 and $27,000+
Just the next day the next signal is found... The SPX and BTC detach, when you hit play now the target/resistance level is hit with perfect accuracy...
(4) 5-Dec-2022 🅱️ Bitcoin and the SPX Detach 5-Nov. (Good News)
Another signal, this time a bull flag... I am convinced, up we go, up we go but nothing yet takes place...
(5) 8-De-2022 🅱️ Bitcoin Daily Bull Flag | $21,000+ Possible Now Within Days!
Going back a little bit, one day earlier, I make the case the bitcoin bottom is already in... The whole argument was based on the capitulation phase we were expecting since early 2022 and the fact that after it happened we only needed to confirm if the next move would be a higher low or lower low before the cycle ends.
I also compared 2018 to 2022... below, the chart...
(6) 7-Dec-2022 🅱️ The Bitcoin Bottom Is In (No Click-Bait Tile, Read)
Then the FED and inflation, here I looked at 3 different potential scenarios and the only prediction was a recovery after 14-Dec. and ended with "Bitcoin, we start GREEN in 2023
(7) 10-Dec-2022 🅱️ Bitcoin 2023 | Fed Interest Rate Hikes & The Consumer Price Index
By mid-December I was ready again with making bold predictions and I even shared a strategy with step by step instructions on how to get the most of the bullish wave that is happening now... A month ago.
No genius level on this strategy, it simply said "Buy everything always at all times until early January and then enjoy the ride on the way up".
It also mention to keep an eye on the chart to consider selling in early February if the major correction takes place.
(8) 15-Dec-2022 🅱️ LONG bitcoin Feb. until 2023 - PART II | Strategy
The same day I found that the major downtrend has been broken based on the linear scale BTCUSD weekly.
I wrote "The easy target is set at the $20,000 - $21,000 range in the coming weeks."
Also added: "There can be more, bitcoin can hit $24,000 and even $27,000..."
(9) 🅱️ Bitcoin Breaks Free - Major Nov. 2021 Downtrend | Linear Scale
Of course, at the same time I am writing about Ethereum, Ethereum Classic, Bitcoin Cash, Cardano, Dogecoin, Binance Coin and the rest of the pack.
The next day I read some facts in a book and decided to share them with you, "Buy the dip"... Only around 400,000BTC will be minned in 2023 and it goes down every year.
Less than 250,000 in 2024, 165,000 in 2025, etc.
(10) 16-Dec-2022 🅱️ BUY THE DIP! Less Than 400K bitcoins will be Mined in 2023
Another "bottom signal" the next day... This is getting old, I even shared a chart from 17-Nov-2022 mentioning that Bitcoin would recovery within 1-5 months...
(11) 17-Dec-2022 🅱️ Bitcoin Performance In January Since 2012 + Bottom Signal
Doubt can creep in at times.
When you are writing on a daily basis and interacting with hundreds of bears, you can become infested... But I am an astrology fan and this would always help me clear the doubts.
Yes, anything is possible as they say but Jupiter is moving forward and other planets that have been retrograde for months are also moving ahead, bitcoin is bound to follow.
The next day I asked... Do you believe in miracles?
(12) 18-Dec-2022 🅱️ 🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles?
The next signal is the classic bullish divergence... In this case, the target was hit with perfect accuracy, only now this can be appreciated when you hit "PLAY" on the chart...
(13) 20-Dec-2022 🅱️ ₿ Bitcoin Daily Bullish Divergence (85% Jump Mapped!)
At the same time I am reading the Tesla (TSLA) charts with perfect accuracy, drop after drop and later called the reversal that is now taking place.
Now comes "Bitcoin sideways" and it reads like this...
"We can see/have a sideways bitcoin until mid-January 2023 or 12-January.
"At this point we can see the bulls win the game... But why?
"Because Mars moves forward/goes direct! 😅🤣 "
I use the emoji so the trolls and bears won't kill me for using all available tools to help me predict the future. The charts + astrology. They don't believe in astrology so they think it is unreal... Yet bitcoin breaks perfectly and produces the biggest jump 12-13 January, exactly when Mars stations direct after almost 3 months of retrograde. And exactly as predicted.
(14) 21-Dec-2022 🅱️ (₿) Bitcoin Sideways | You Deserve To Succeed!
Late December I am convinced the "Wait Is Over" but I am accused of "sensationalism"... Wait what? What the heck is that? To me I am just sharing my honest view, what I see coming, my analysis, what the charts are saying, my predictions.
Relief rally or full recovery? We don't know yet.
(15) 29-Dec-2022 🅱️ (₿) Finally... The Wait Is Over | Bitcoin Goes Bullish!
2023 starts and we look at all the signals, higher lows, EMAS, candlestick patterns and the rest... Predict a $20,960 target "next".
(16) 1-Jan-2023 🅱️ (₿) Bitcoin 2023 | Multiple Higher Lows Since 2022 | $20,960 Target
The same day, another signal, this time we look at the long accumulation phase, a clear give away to me... Can you see it?
(17) 1-Jan-2023 🅱️ (₿) 4.5 Months Later Bitcoin...
We are getting closer now... My certainty continues to rise... I can feel the hate pouring over me.
The bears are fighting me left and right but I never give up.
Another scenario, the SEC labeling everything securities yet, still 100% bitcoin bullish. I also remind you of the strategy to buy everything, always, at all times...
(18) 4-Jan-2023 🅱️ (₿) Why Bitcoin Will Rise Suddenly Beyond $150,000 Explained
(19) 4-Jan-2023 🅱️ (₿) Remember The Act Now! Strategy
At the same time I am sharing short-term charts on the XBT ticker; Also bullish.
I was laughing inside as I received the vision for this article... I was making excuses for bitcoin not yet rising... Imagine that, I blamed the holidays.
(20) 5-Jan-2023 🅱️ (₿) Excuse The Holidays... The World Wants Bitcoin
The next day I ate some cookies and my heart started raising... I was feeling so good yet decided to eat the damn cookies... As I lost my balance, a vision started to come in... Ahhh, I recognize this, it is a ROTE, a ball of thought packed in energy form.
I am inspired to write the following article word by word... Satire, maybe, but 100% TRUE!
Note: The fact I mention the formalities to be "nonsense", is because we are supposed to be greedy billionaires that care about nothing but money... Don't take it to mean we are heartless yet we still don't care about nobody.
Life is an endless game. You die and you are born again, over and over... You cannot stop it even if you wanted to, you can take it easy.
.. Relax, it is all meant to be fun.
(21) 6-Jan-2023 🅱️ Billionaire Planet Friend Just Called, Ready To Buy Bitcoin!
The next day I go on a rant... "Really, are you guys going to believe the mainstream media?"
And also share my updated view of the market, a potential $48,000 wave in the making...
(22) 7-Jan-2023 🅱️ (₿) Money Tightening vs Money Easing | Nothing Else Possible
(22) 7-Jan-2023 🅱️ ₿ If 2018/19 Repeats, The Bitcoin Bottom Is In, $48K Next!
A new signal comes in... This time based on the ATH vs the Bottom, is it possible?
Again we make hidden references to Mars as being the main catalyst of the upcoming bullish wave which is now a confirmed fact... Uranus hasn't gone forward yet and that's the big one.
(23) 8-Jan-2023 🅱️ (₿) Can This Inverse Reaction Signal The Bottom Is In?
On the 10th of January, now literally 2 days before the rally start I shared 3 trade ideas all bullish detailing exactly what is coming... Daily, Weekly and Monthly... The bears continue in complete disbelief.
(24) 10-Jan-2023 🅱️ (₿) Bitcoin Daily, To Hit $19,000 Followed by $25,000 Feb. 2023
(25) 10-Jan-2023 🅱️ (₿) Bitcoin Weekly, Best Case Scenario... First Time Since April 2020 ($35K to $55K)
(26) 10-Jan-2023 🅱️ (₿) Bitcoin Monthly, Points To $23.1K to $24.1K Minimum...
It is so obvious, I stop writing... Just mention "BULLS Confirmed" and leave it at that... I know my people took action. If you didn't take action then you are not in the flow.
(27) 11-Jan-2023 🅱️ (₿) Bitcoin | BULLS Confirmed
The next day many new signals show up... The bears are in complete disbelief, I even share the USDT.D chart with the inverse BTC relation called "Final Confirmation"... It didn't help.
📈 Tether Dominance, The Final Confirmation
(28) 12-Jan-2023 🅱️ (₿) Another 6 Major Development On The Weekly Bitcoin Chart
13-January 2022... The final signal... MA200 daily and Bitcoin-Bonds!
(29) 🅱️ Bitcoin Moving Above MA200... $48,000 Now Possible!
(30) 🅱️ Game Changer | Bitcoin Bonds | El 🇸🇻 Salvador
Thanks a lot for your continued support.
Namaste.
What 1-hour chart says? Fundamental Development:- Ethereum was trading at $1,103.78 on the Investing.com Index on Wednesday, down 10.10% on the day. It was the largest one-day percentage loss since June 13.The move downwards pushed Ethereum's market cap down to $137.03B, or 15.20% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B. Ethereum had traded in a range of $1,103.65 to $1,226.97 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a drop in value, as it lost 36.9%. The volume of Ethereum traded in the twenty-four hours to time of writing was $26.36B or 27.37% of the total volume of all cryptocurrencies. It has traded in a range of $1,078.1089 to $1,832.7004 in the past 7 days .At its current price, Ethereum is still down 77.31% from its all-time high of $4,864.06 set on November 10, 2021.Elsewhere in cryptocurrency trading .Bitcoin was last at $20,902.9 on the Investing.com Index, down 8.11% on the day. Tether was trading at $0.9996 on the Investing.com Index, a loss of 0.01%. Bitcoin's market cap was last at $403.05B or 44.70% of the total cryptocurrency market cap, while Tether's market cap totaled $70.77B or 7.85% of the total cryptocurrency market value.
Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $20,600-$23,500 ranges.BTC is made low 20,800 and now consolidating within a range. Yesterday it made high near $23,320 and then it continue to Decline. Bitcoin is struggling to gain momentum above $23,300.
Alternative Scenario: If Bitcoin fails to clear the $23,400 resistance zone, it could start another decline. An immediate support on the downside is near the $20,700 level.
Predicting The Crash Of Bitcoin & Major Altcoins +Previous ChartOn 17-November, we predicted that Bitcoin and all the major Altcoins would crash while the smaller Altcoins would grow, specially the Altcoins vs Bitcoin pairs.
Hit LIKE to see below the previous charts:
I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon!
Ethereum Prepares For Correction (30% Drop Possible)
Solana Prepares For Correction (~25% To Start)
Cardano Prepares For Correction (20% to 38%)
Binance Coin Prepares For Correction (25% Drop Ahead)
Dogecoin Shows Room To Move Lower (30% Drop Or More)
Algorand vs Tether (Some Bearish Signals)
Ethereum vs Bitcoin Full Chart Analysis
Today, we keep the same view.
Do you agreen?
Leave a comment with your questions.
Thank you for your support.
Namaste.
Top 10 Altcoins To Invest In 2021The term Altcoin stands for “alternative to Bitcoin'' or “alternative coins”, basically these are digital currencies similar to Bitcoin. Altcoins are profitable and have their own goal but these are not as costly as Bitcoin.
Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that not all altcoins are successful and have the same future scope. Thus before choosing a cryptocurrency to invest in, make sure to check all the details, reports and what people say about it.
If you are looking for a cryptocurrency to invest in, you are at the right place because we are here enlisting some of the most unique and profitable altcoins which hold a wide range of opportunities but not as costly as Bitcoin.
Ether (ETH)
Ether is a cryptocurrency built on top of the open-source Ethereum blockchain, which is known for running smart contracts. Ether is the second-biggest cryptocurrency in terms of market share. Currently, 1ETH is priced at 1,781. 22 United States Dollar and it is steadily growing.
With a market capitalization of $230.7 billion, ETH had hit a new record in Feb 2021. Cryptocurrency acts as a fuel that allows smart contracts to run, as opposed to bitcoins, which means a unit of currency on a peer-to-peer payment network.
Binance Coin (BNB)
It is the third biggest cryptocurrency on the basis of market share. BNB Coin is used to trade and pay fees on the Binance crypto exchange. Binance crypto exchange is the largest cryptocurrency world in the world.
The popularity of Binance is growing among developers, as of January 2018, it is facilitating more than 1.4 million transactions per second.
The overall Binance ecosystem makes it much easier to make transactions on their network. The current price of 1 BNB coin is 248.524621 US Dollar (USD) and it will be beneficial for the investors and BNB Coin Holders.
Cardano (ADA)
With a market cap of $46 billion, Cardano is in the third position after Bitcoin and Ethereum, it is one of the most improved altcoins and it is currently priced at $1.45.
Trading Beasts already predicted that the ADA price will reach $1.80 in the fourth quarter of 2011. One of the key factors behind Cardano's growth is the release of Hydra, a layer two scalability solution that promises to give the Cardano network the power to process more than 1 million transactions every second.
Ripple (XRP)
Ripple is not a cryptocurrency but a payment solution, It is not made of a blockchain, but a hash tree and its coins cannot be mined as there is a finite number of coins i.e. 100 billion. Its Coin XRP is mostly used by big companies to make huge transactions.
There are hundreds of financial institutions that choose Ripple to provide a better international payments experience to their customers in real-time. The current price of 1XPR is $0.454459 and it has a market cap of $45.44B.
PowerCoin (PKOIN)
Currently priced at 0.00405976ETH, Power Coin is probably the newest altcoin in the market but as an asset-backed hybrid stable coin it is trust-worthy and not only protects investors against volatility in the crypto marketplace but it also helps in mining and generating passive income.
It is backed by Power Corp and the company is developing a mining pool, Innovation Center, High-Performance Computing Data Center while acquiring assets such as renewable energy systems, financial instruments, real estate, intellectual property, digital and fiat currencies to back its hybrid stable coin PKoin.
PKoin is already listed on a few reputed crypto exchanges and soon the list will be longer. It is affordable and has a great scope. Thus don’t miss the opportunity and invest in it now.
LiteCoin (LTC)
Lite coin is really the lite and speedy version of Bitcoin. It was created by Charlie Lee and it holds many of the best features of Bitcoin and adds some of its own twists. LTC takes just 3 minutes to confirm a transaction for the same bitcoin takes around 10minutes.
Lower system requirement is also one factor that helps it to gain people interest as ordinary PCs are capable of mining it. LTC is powerful, easier, faster and currently, it is priced at 194.85 United States Dollar.
Tether (USDT)
With a market cap of $39 billion, Tether is in the 5th position of top cryptocurrencies. USDT is currently priced at $1 and It is a blockchain-based cryptocurrency, in which crypto coins are backed by the equivalent of traditional Fiat currencies including the dollar, euro or Japanese yen, which are held in a designated bank account. It is being traded under the USDT symbol.
Bitcoin Cash (BCH)
A major update regarding its processing speed is expected this year. Bitcoin Cash is one of the best alternatives of Bitcoin. It becomes popular because of its better transaction speed. It has larger blocks compared to Bitcoin which makes it able to handle more transactions at once, which means faster transactions.
It is the world's 11th biggest cryptocurrency by market cap at above $10 Billion. 1BCH is currently priced at 535.91 United States Dollar it is one of the most profitable cryptocurrency with lots of cool features.
Tron (TRX)
Founded in 2017 and based on Ethereum, Tron is here to decentralise the web by providing more power to content creators and publishers by monetising the way their content is shared and used.
Since its launch on Ethereum, it has moved to a self-governing blockchain platform and uses a proof of stake algorithm to process all the transactions. It is one of the best altcoins with a market cap of $3.8 billion and a price of around $0.05.
Chain Link (Link)
The Project is a decentralized network consisting of nodes that provide data to blockchain smart contracts through oracles from off-blockchain sources.
The process begins on a smart-contract-enabled blockchain whenever a smart contract needs data. With a market cap of $12 Billion, it is ranked at 10th position and it is priced at $30.14 currently
The above ten altcoins are unique, trustable and have great benefits. Other than these 10, there are thousands of altcoins available in the market but if you are looking for a beneficial and affordable cryptocurrency having good future scope then PowerCoin (PKoin) will be a great choice, as it has a lower price but its plan and assets-backed nature will help it to grow quickly.
Thus choose an altcoin from the above list and invest in it wisely. That’s it for today and have a great day.
$BTC BIG PICTUREThanks to the parabolic nature of bitcoin, we will use the log chart in order to correctly visualize the cycles.
First, a short story:
I've seen this pattern drawn back in 2017 , and I was in denial . Not because I thought bitcoin was a dead asset. It was because I had bought bitcoin at $15k, $11k, $7k, $5k - on the way down , not up. So you can imagine my mindset at the time - naïve, new to trading, and I had no idea what I was getting myself in to. My denial was drawn from the fact that everywhere I looked, it was " up only ", " buy the dip " etc etc. My smooth brain at the time thought the drop from $20k to $5k was enough to propel us back up to $20k, where I would sell my bitcoin and make a cool 3x from my average buy price.
As we dropped below $5k and a certain country banned cryptocurrency trading, my heart sunk. Moved everything to cold-storage and only looked for sources of hopium wherever I could find it. Several trendlines that should have held, all broken. Elliot wave analyses breaking down. You can even see a post I made on "Bitcoin's death" dropping down to $3k. I was genuinely afraid that it might go to $0 . Why? Because wherever you look during a crash like that, it's all bad news. And any good news you might see, gets beaten down. Despite my fear, I didn't have anywhere near my entire net-worth invested in this, so mentally I was okay with losing all my money - as you should be - since it's all so speculative.
At this point, we're in mid-2018, and bitcoin makes it's way up to $9-10k, giving you the hope that we're on for another bull run. If you actually zoomed out at the time, it was clear that we were not done yet. I see a chart similar to the one in this post, and I think "we have already crashed to $3k in a matter of months, if we were to follow this chart, we are going down to $2-$2.5k". You have to remember, our brains are not configured to zoom out and comprehend the big picture. If it was, you would not see such volatility like you do in this market.
Fast-forward to December 2020, and we have crossed the 2017 highs of $20k and sitting comfy at $30k+. If you go back and visit the chart, you will see it's all programmed .
2018-2020 Bear Market breakdown:
The top of the 2017 bull-run coincides with the top of the log channel
PA riding the mid-line of the channel from June-October 2018 until it breaks down
Breaks down to $3k towards January 2019, making you think we will touch the bottom of the channel
A drive back up to $14k, tops out at the midline of the channel
The final breakdown to $4k to touch eh bottom of the channel, there-by completing the bear market.
The market is designed to BREAK you. It will do it's best to make you lose. Nobody is giving out free money. This is something you must always remember. Once you understand this, you can conquer greed and truly realize your place in this market.
The PA from Jun-Oct 2018: designed to mess with you. Make you believe that you are riding the middle. The good news piles on, "Bear market ended?", "up only" posts begin. This is where you begin to convince yourself that the bear market is done, and the price market may actually be starting to pick up again. You don't want to miss out on the gains, right? Not again, surely?
REKT .
We are dropping down to $3k bud.
How do you feel now? Ah yes, the classic: "This is going $2k". Why? Because you convince yourself with all the charts, that you are hitting the bottom of the channel; or you have seen "bitcoin to zero" etc. Also, please remember that at this time, The Tether FUD was peaking hard. People were genuinely worried about whether Tether was a scam. Funny enough, they were also exceptionally quiet until recently - conspiracy theory for another day.
So you don't buy bitcoin at $3k, obviously. Despite the number of times you told yourself when it was $20k, "man, I wish I bought bitcoin at $3k / $5k ...."
Anyway, I'm sure you get my point, and I don't need to breakdown every bit of the cycle in detail.
2020-Mid-term Future:
As of today, bitcoin has tested the midline of the log channel, retraced and flipped it into a support (many thanks to TESLA, we may have seen a huge resistance at the midline - potentially starting another bear market).
There is still scope for a retest of the midline of the log channel, which will only make me more bullish.
Here's the weekly chart:
Now that I have presented to you what I believe are FACTS, what's your take on this? Do you think we will fulfill the channel? What is the top? Is there a top? On a MACRO level, there really is no top, in my opinion. The market however, moves in waves / bursts. Of course, this is all relying on the fact that there is some fundamental value to this ponzi - which I think we are way past the point of questioning.
Zoom out.
Cryptocurrency Ethereum / Bitcoin = BUYThe best entry point to BUY = LONG-TERM
Hello!
Those who want to buy Ethereum for Bitcoin, better wait for the best entry point!
Below are all my exhibits >>>
There are signals that are relevant to this day!
So enjoy your viewing:
Particularly interesting is the fact that by the end of May 2018, Bitcoin will fall to $ 3000.
But before that, of course it goes for about $ 22,000
Here is the last signal for Bitcoin:
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD , D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
But the analysis and signal Bitcoin since January 4.
EURUSD, M
SHORT
Euro/ Dollar = ( Futures 6E) = Sell
The euro came to the targets for sale
ZECUSD , 240
LONG
Cryptocurrency Zcash / Dollar = BUY
STRATBTC , D
LONG
Cryptocurrency Stratis / Bitcoin = BUY
While also going right
NEOUSD, 240
LONG
Cryptocurrency NEO / Dollar = BUY
DOGEBTC, D
LONG
Cryptocurrency Dogecoin / Bitcoin -5.88% = BUY
AMGN , D
SHORT
Stock AMGN Amgen Inc = Short Positions
Sales are canceled, I will try to go out on my 185 - 186 there where I sold it.
BCYBTC , 240
LONG
Cryptocurrency BitCrystals
For the present I hold.
BCHUSD , D
LONG
Cryptocurrency Bitcoin Cash / Dollar = BUY
IOTUSD , D
LONG
Cryptocurrency Iota / Dollar = BUY
XRPUSDT , D
LONG
Cryptocurrency Ripple / Tether Dollar = BUY
DASHUSD, D
LONG
Cryptocurrency DASH / Dollar = BUY
T, W
SHORT
Stock T AT&T Inc = Short Positions
I'm sitting in position, Longevity!
XEMUSD, D
LONG
CryptoCurrency Nem / Dollar = BUY
XEMBTC D
LONG
Crypto currency NEM / Bitcoin = BUY
Cryptocurrency Bitcoin / Dollar = BUYThe best entry point to BUY = Medium term
Hello!!!
I expect a drop of about 7000 dollars for 1 Bitcoin. I can not say exactly when this will happen, maybe the price will fall right away, but maybe first it will reach $ 19,000 / In general, we look and wait, it's better to place limit orders or wait for the impulse to go down.
In addition, a little later, at the end of May 2018, Bitcoin could collapse to $ 3,000, there it is already necessary to buy for a long time
! And until then, at around $ 22,000, you have to take profit.
Many signals are still relevant!))
Every day I see that no Guru Trader can accurately determine where this entry point is to buy or sell)))) It is necessary for all Traders to show the entry point, rather than walking around and pointing out the approximate levels of the rebound .. ....)))
Everyone writes that if the p
Particularly interesting is the fact that by the end of May 2018, Bitcoin will fall to $ 3000.
But before that, of course it goes for about $ 22,000
Here is the last signal for Bitcoin:
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD, D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
BTCUSD , D
LONG
Cryptocurrency Bitcoin / Dollar = BUY
But the analysis and signal Bitcoin since January 4.
EURUSD, M
SHORT
Euro/ Dollar = ( Futures 6E) = Sell
The euro came to the targets for sale
ZECUSD , 240
LONG
Cryptocurrency Zcash / Dollar = BUY
STRATBTC , D
LONG
Cryptocurrency Stratis / Bitcoin = BUY
While also going right
NEOUSD, 240
LONG
Cryptocurrency NEO / Dollar = BUY
DOGEBTC, D
LONG
Cryptocurrency Dogecoin / Bitcoin -5.88% = BUY
AMGN , D
SHORT
Stock AMGN Amgen Inc = Short Positions
Sales are canceled, I will try to go out on my 185 - 186 there where I sold it.
BCYBTC , 240
LONG
Cryptocurrency BitCrystals
For the present I hold.
BCHUSD , D
LONG
Cryptocurrency Bitcoin Cash / Dollar = BUY
IOTUSD , D
LONG
Cryptocurrency Iota / Dollar = BUY
XRPUSDT , D
LONG
Cryptocurrency Ripple / Tether Dollar = BUY
DASHUSD, D
LONG
Cryptocurrency DASH / Dollar = BUY
T, W
SHORT
Stock T AT&T Inc = Short Positions
I'm sitting in position, Longevity!
XEMUSD, D
LONG
CryptoCurrency Nem / Dollar = BUY
XEMBTC D
LONG
Crypto currency NEM / Bitcoin = BUY
Bitcoin Bybit chart analysis June 26Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
Bit touched the resistance line on the Bollinger Band 1-hour chart in the morning.
It touched the support line on the 1-hour chart in the afternoon, but
The pattern was broken as it pushed to the center line of the 2-hour chart.
If it is pushed a little further, it is a dangerous area for long positions.
The current position is in Bitcoin and Tetherdominance.
It's not surprising if something breaks or goes up.
This is a double-edged sword.
I am particularly concerned about sideways trading.
Just like yesterday,
Nasdaq focused only on beats, keeping in mind the possibility of a sideways move.
In the morning, touch the resistance line on the Bollinger Van 1-hour chart.
I already missed the best short position entry point.
Purple finger section on the left
By maintaining the $61,169 long position strategy that was entered into the long position yesterday,
We will continue our strategy without changing our perspective.
*Sky blue finger movement path
Two-way neutral strategy
1. $61384.5 long position entry zone / stop loss when breaking out of the green support line
2. Short position switching at $62672.5 / Stop loss when the orange resistance line is broken
3. Long position switching at $61886.5 / Stop loss when the green support line breaks away
Afterwards, the long position target price ranges from Top to Gap.
It's very difficult to explain.
Section 1 at the bottom is
The condition is not to break out of the support line on the 2-hour Bollinger Band chart.
You have to be careful because you may continue to slide down.
If it maintains without breakaway until this section, it becomes a sideways protection condition.
The biggest question today is whether it breaks through the central line on the 6-hour chart.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
Indian Market sideways amid global cuesUS TVC:DJI equities extended last week's sell-off on Tuesday after the recent data on consumer confidence and home sales showed the US economy may be finally coming under stress.
Federal Reserve continues to affirm its commitment that interest rates will remain elevated for an extended period to manage inflationary pressures maintained hawkish stand and signaled another rate hike of 0.25Bps.
Should Indian NSE:NIFTY market be worried?
Comparing to the US markets Indian markets are fairly valued however, few concerns are hovering around in form of
1. Crude oil is expected to trade at 92.83 USD/BBL and estimated to be at 102 by the end of this year. This silent killer is tethering a potential increase in prices could result in skewed margins in the coming quarter
2. The Indian rupee depreciated past 83.3 per USD in September, renewing its record low amid fresh pressure from a strong DXY, hawkish outlook for the RBI pressured G-Sec prices in the secondary market and rupee-denominated debt assets, intensifying foreign selling from India.
3. India posted a merchandise trade deficit of USD 24.2 billion in August 2023, the largest gap in ten months
Setting aside the above risk, the India's GDP growth rate forecast estimate is still much stronger at 6% that favors the domestic market over the global peer.
According to my technical forecast, i expect market may try to find bottoms near 19000-18900 levels where the market will find itself oversold.
Bitcoin bybit chart analysis June 21
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a light blue finger one-way long position strategy.
Today at Tetherdominance
Since the conditions are a bit tricky, I finished it with a little shaking motion.
There is a Nasdaq indicator announcement at 11:00 pm, so please refer to it.
*At the time of the light blue finger movement path
long position strategy
1. Entry into long position at $28343.5 / stop loss when breaking the green support line
2. $29507.5 1st target -> Top section 2nd target
28702.5 dollars Intermediate wave can be operated in real time
I hope you can refer to it and use it.
From the current position, if it is maintained without breaking away from the green support line
in the spot exchange
Job Alt -> In order of the final major altcoin
Fire fields can be connected.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you
THIS IS POLKADOT TETHERUS.As you see in 1H Marked first OB and placed couple of entry limit orders. I thought first OB will mitigate so I placed order for SHORT but as you see Market Always Do What He Wants To Do!
Market changed his direction and we a pullback @7.381 toward down.
Then we can see a another BOS and a good BIG BULL CANDLES. So I marked my second OB for LONG.
first RRR 1:3
second RRR 1:3
NOW WAIT FOR MITIGATION!
CORRECT ME IF I'M WRONG!!!
THIS IS LITECOIN TETHERUS.LITECOIN 4H marked POI important level for LONG.
Once market mitigate that POI then we see a clearly a LONG Opportunity.
WHY LONG? Because we already know where the price will go.
I marked 2 HIGHS on chart first @107.16 05MAY22
And we can see rejection on 16FEB23 @105.86 price couldn't touch the previous High which is @107.16
CORRECT ME IF I'M WRONG!!!
THIS IS SOLANA TETHERUS.On 4H as you see after every BOS I marked an POI to captured a good trade. As you see second POI is Mitigate with BIG RED CANDLES. Now it's time for long 1:3 If I booked with loss means if I exit market after touched of SL or price crossed my SL and went DOWN then there is my first POI which I already created.
First HIGH @26.869 with small body and big wicks.
Second HIGH @27.150 with small body and big wicks and got rejection from that area.
LETS SEE IF ITS WORK'S OR NOT!
CORRECT ME IF I'M WRONG!!!