Solana has completed and broken out of a cup and handle pattern, with a target around $400. If ETF approvals come through, CRYPTOCAP:SOL could surge to even higher levels. Keep an eye on volume and momentum
CRYPTOCAP:BTC Struggling Near $94K: Key Scenarios 1. Scenario 1 - Bearish Divergence and Gap : #BTC is showing signs of bearish divergence near the $94K level. There’s also a gap in the order book, which might suggest a potential pullback. This divergence could act as a warning sign for a short-term correction. 2. Scenario 2 - ETF-Driven Market : The broader...
#Ethereum Update AMEX:ETH is showing clear bearish signals as it reaches overbought levels. Price action indicates a potential Head and Shoulders pattern forming. If it breaks below the current support, the next target is around $2750. Keep an eye on this critical level!
CRYPTOCAP:USDT.D shows signs of a potential bounce as RSI has reached oversold territory, indicating a likely move up to the 5%-5.5% area. With #USDT.D rising, we expect #Bitcoin and altcoins to face downward pressure due to the inverse relationship between USDT dominance and the broader crypto market. Watching for confirmation of this bounce could provide...
Scenario 1: CRYPTOCAP:BTC Moves Up with Strong Volume After a Rate Cut Bullish Divergence Support: The bullish divergence suggests that #Bitcoin is gaining strength, indicating a potential upward move. Volume Confirmation: If BTC moves up with solid volume post-rate cut, it could break through 74k and potentially head higher. Increased volume after the rate...
USDT.D ( CRYPTOCAP:USDT dominance) appears to be forming a double top pattern on the chart, signaling potential weakness. This is further confirmed by bearish divergence on the RSI, where price action is making similar highs, but momentum is decreasing, indicating the possibility of a reversal. If this double top confirms with a breakdown from current levels,...
if we see CRYPTOCAP:BTC lost its uptrend and also rsi clearly shows bearish divergence. lets expect some correction around 60000$ and 57500$
Bitcoin has formed a double bottom pattern, and the RSI is moving out of the oversold zone, confirming a potential upward trend. My targets are $63,000 and $68,500.
Ethereum has formed an inverse head and shoulders pattern on the 4-hour time frame, which is typically a bullish reversal signal. For confirmation, ETH needs to break above the $2,450 resistance level. Once this breakout is confirmed, the price could target the $2,800 level, indicating a potential upward move. Keep an eye on volume during the breakout for...
USDT.D Bullish Divergence and Double Bottom Signal a Trendline Retest USDT dominance ( CRYPTOCAP:USDT.D ) has formed a bullish divergence on the 4-hour chart, along with a double bottom pattern. These signals suggest that USDT.D is gearing up to retest the trendline. Meanwhile, Bitcoin and altcoins are likely to undergo a retracement, offering another healthy...
CRYPTOCAP:BTC Retracement Opportunity: Preparing for a New Surge to 69K. Bitcoin is currently taking a healthy retracement around the $62K level, presenting a potential opportunity to re-enter long positions. The RSI is cooling off after being in the overbought territory, indicating a pause in the momentum. Meanwhile, the EMA crossovers are signaling a bullish...
USDT Dominance (USDT.d):Pattern: Head and Shoulders.Interpretation: If this pattern confirms with a breakout, it suggests a bearish trend for USDT dominance. This could imply that traders are moving away from stablecoins like USDT and back into other cryptocurrencies.Support Level: The next significant support level could be around 5.10%. If the price breaks below...
In this video i shared my thoughts about CRYPTOCAP:BTC , CRYPTOCAP:ETH , CRYPTOCAP:USDT.D , CRYPTOCAP:BTC.D , BITSTAMP:ETHBTC and usa markets , what is my next step clearly explained.
Bitcoin has formed a head and shoulders pattern, signaling a potential trend reversal. To confirm this pattern, CRYPTOCAP:BTC needs to reclaim the $61,600 level. If successful, the target moves to $66,800, with the potential to reclaim liquidity around the $68,500 to $70,000 area. This setup indicates a possible bullish momentum for Bitcoin in the near term
USDT.D moving towards 6.5% to 7.2% , higher chances to make double top or will reject from 70% of wick filling. When USDT.d increases btc and crypto will bleed both are inversely related.
🚨📉Description:🔍 Death Cross on BTC Daily Timeframe When the Death Cross flashes on Bitcoin's daily chart, it typically signals a bearish scenario. Here's what you need to know:Initial Reaction: The market may initially experience a small pump, creating a false sense of security. 📈The Real Move: Following this, a significant dump often occurs, aligning with the...
Bitcoin ( CRYPTOCAP:BTC ) recently plummeted to $49,000 due to rising US unemployment rates and a fall in the Japanese stock market. However, BTC is now recovering, bouncing back from the oversold area. This recovery indicates it's time to fill the gaps between the $58,500 and $62,600 levels. In the crypto market, gaps tend to fill quickly, suggesting an...
USDT.D formed bearish shark patten and also formed clear bearish divergence . which clearly shows it will retest 5.19% area if that also breaks bullish for crypto market usdt.d and btc & altcoins are inversely related so we can expect pull back . btc targets around 65k & 69k.