BTC BEARISH DIVERGENCE BTC clearly forming bearish 3 top pattern and RSI, MACD and SCOTH RSI are indicating negative sentiment, so chances are their for the support level from 28400$ level to 26500$. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #cryptoShortby crypto_vulture_signals0
Update on last Chart !"Bitcoin Price Takes a Tumble: Investors Wonder if They Accidentally Invested in a Bungee Jumping Company!"Shortby deorx33Updated 110
BItcion 4h Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.Shortby Abajrfds110
BTC Trade SetupBTC Trade setup, The market is fallen too much with the spike, it required a reversal to digest it, once the reversal is there we can make a good target with the higher high swings, Entry SL and target is shown as per the strutchure.Longby Nova01120
BTC TRADE SETUPWhile the Resistence of 30361.76 is not broken with the previous swings, it shows the price weakness which will make price to make fall. You might see the down move after the trendline breaks below.Shortby Nova01125
BTC Trade Setup BTC is bullish as we have discussed, This might show a bullish move or bearish moved, Bullish move chances as per the previous levels - 80% Bearish Move chances as per the previous levels - 20%. All depends to the volume yet to come.Longby Nova01120
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.Shortby deorx33Updated 8
BTC | 1H: Weekend Plan#Bitcoin still in the same old boring range (30k-31k). Looking for these two plans in this weekend. It should be above $30k or 28k soon. Happy weekend! Previous day: VAH: $31598 POC: $31186 VAL : $30624 Date: 15 July 2023by femtoxbtUpdated 1112
Wave count indicate BTC goes short sell to 25840ABCD wave count pattern completed From E level BTC goes short sell to 25840Shortby Dinesh_Kryptonian3
BTC Trade Setup For TodayWhile btc is consolidating in a range in 15mins, Most probably the changes are to be bullish but we can go with whereve the move comes.Longby Nova01120
BTCUSDTMarket dumped.. but the next target zone will be 33000$ in upcoming days market may dump a little more... be careful with your trade and #dyor before taking any trade THANKU..by TRADING_Aid1
BTCUSDT NEXT MOVEBINANCE:BTCUSDT BTCUSDT might sweep down side liquidity first to move upwards around 31000 again. both side EQL & EQH formed . BTC is waiting for the event to move one sideby Akshay_GourUpdated 4
BTC | 1H: Today PlanLooking for short above $30,600. CRYPTOCAP:BTC is still stuck under FWB:31K resistance so, expecting a rejection soon. Now send it back to lows or rekt. Lets see! Previous day: VAH: $30800 POC: $30717 VAL : $30470 Date: 13 July 2023by femtoxbtUpdated 1112
$BTC | 1H: Today PlanLooking for continuation higher towards $32,000. CRYPTOCAP:BTC is truly bullish until above 31k. I'm bull as long as we hold above Monthly open. If we get a bullish retest I will try long. GL! Previous day: VAH: $30235 POC: $30549 VAL : $30233 Date: 14 July 2023by femtoxbtUpdated 116
BTC | 1H: CPI PlanCPI data will be released today. Looks like CRYPTOCAP:BTC is getting ready to pump. Expect a bounce in the crypto market as the CBOE:SPX is on a strong rise. Only 0.5 risk today. I hope this range will be broken soon. Are you ready? Previous day: VAH: $30357 POC: $30528 VAL : $30397 Date: 12 July 2023by femtoxbtUpdated 449
BTC Trade Setup IdeaWhile the market is in buying zone, The low which is the support now is strong that is why price is unable to break for the down move + market sustained a lot before this move so it might be so hard to break below and easy to go above. Overall market is bullish.Longby Nova01122
BTC | 1H: Today PlanLooking to short it. We'll go sideways a bit and then dump it. Here is what I'm looking for in $BTC. Happy Weekend everyone! Previous day: VAH: $30323 POC: $30078 VAL : $30040 Date: 8 July 2023by femtoxbtUpdated 7
BTC | 1H: Today PlanShort closed for +1.2R. I don't like short here. Now flip to long and Send to 31k. CRYPTOCAP:BTC still holding well at $30,000. Flash dump also possible, But I'm Bullish. GL! Previous day: VAH: $30351 POC: $30264 VAL : $30225 Date: 10 July 2023by femtoxbtUpdated 7
BTCUSDT LONGExpecting BTCUSDT to touch UPPER SECONDARY TEST level soon. CAUTION Please consult your personal financial advisor before investing. I am not responsible for your gains (or) losses if anyLongby ajithchand-bhandaari1
BTC trade Setup Key LevelsBTC Trade Setup Here is the support of 30300. If the support breaks below, we might see the downfall till 30000. the resistance on above is 30600 very strong. Shortby Nova01121
BTC Trade SetupA trendline is going to break for bullish movement, swings are showing higher high.Longby Nova01120
Understanding Price Action and Volume in TradingIntroduction: In trading, there are two main components to consider: the psychological aspect and the technical aspect. While this tutorial will focus on the technical part, it's important to note that the psychological aspect is also crucial for trading success. In the technical realm, two key elements to prioritize are price action and volume. By understanding and analyzing these factors, traders can gain valuable insights into market dynamics. This tutorial will provide an overview of price action and volume and explain their significance in trading. Understanding Volume Definition of Volume: - Volume represents the number of transactions in the marketplace. - Each unit of volume indicates a single transaction (e.g., a sale). Volume as an Indicator of Strength: - Volume does not indicate the presence of more buyers or sellers. - It reveals the level of aggressiveness exhibited by buyers and sellers. - Higher volume suggests greater interest or activity at specific price levels. - Lower volume may indicate a lack of interest or support at certain levels. Auction Market Theory: - The market functions as an auction place with buyers and sellers seeking price equilibrium. - Bid and ask prices reflect the orders placed by traders and institutions. - Understanding the auction market theory helps decipher the relative strength of buyers and sellers. - Level 2 data, including bids, asks, and time and sales, provide insights into order flow. Understanding Price Action Importance of Price Action: - Price action refers to the movement and behavior of price on the charts. - Analyzing price action helps identify trends, breakouts, and reversals. - Price action reflects market sentiment and the acceptance of certain price levels. Components of Price Action: - Candlestick patterns: Analyzing the shape and structure of individual candlesticks. - Supply and demand: Evaluating imbalances between buying and selling pressure. - Support and resistance: Identifying key price levels where buyers or sellers are active. Combining Price Action and Volume: - Integrating volume analysis with price action enhances trading decisions. - Volume confirms or contradicts price movements, providing validation or cautionary signals. - Analyzing price action and volume together helps identify strength, trends, and traps. Using Indicators Properly Limitations of Indicators: - Many indicators are lagging, meaning they rely on price data to generate signals. - Price action and volume are leading indicators that provide real-time insights. Simplifying Your Trading Approach: - Remove unnecessary indicators and clutter from your charts. - Focus on price action and volume as primary tools for analysis. - Develop trading strategies and playbooks based on these essential components. Conclusion: Mastering the technical aspects of trading requires a deep understanding of price action and volume. By simplifying your approach and focusing on these key components, you can develop a solid foundation for trading success. This tutorial has provided an introductory overview of price action and volume. In subsequent lessons, we will delve into more advanced topics such as order flow and deeper levels of analysis. Remember to avoid overcomplicating your trading and always seek continuous learning and improvement.Educationby Abbhishekumr4