CME: Bitcoin Weekly Futures ( MIL:BFF )
On Thursday, October 10th, The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% on a seasonally adjusted basis, the same increase as in August and July. Over the last 12 months, the all-items index increased 2.4% before seasonal adjustment.
However, the...
Technical Analysis and Outlook:
Bitcoin has surpassed our Mean Resistance of 61700 and completed Interim Coin Rally 62200, finishing extended Interim Coin Rally 64900. Presently, the coin is positioned for further upward movement with a primary target of 68500 and a retest of our completed Main Inner Coin Rally 73200. The selling pressure at this level may cause...
Bitcoin dominance is topping out and is ready to shed dominance across the market!
Expect a hard drop! If the bottom of the wedge is broken then we can expect a major alt cycle!
I hope you're READY because alt coins are where the BIG MONEY will be made!
Use non-kyc exchange TradeOgre, here is my list of coins to accumulate now!
GHOST DAG Coins / $:CAS $:NXL...
The signal of this SAR indicator offers a look at the price of Coinbase (COIN) reversing behind schedule of the already BTC and ETH signals appearing last month. I didn't know that before and only made this indicator a few minutes ago while tinkering in pinescript this sunday afternoon.
Bitcoin currently trading on the bottom of a defined channel and on the 200 day moving average support.
Support should hold, but if it doesn't it could be a sign of more weakness to come.
If the price breaks the May low and fails to hold, we will see a significantly large movement where there are no particular zones, and the price will not stay there for long, resulting in impulsive movements. If, after breaking the May low, we return to this area and maintain the level, it will be a good retest of the weekly closing levels. If we cannot maintain...
BTC still showing a good possibility for a return to 65K in the coming time.
The 59K can become an important start recovery zone, where BTC will soon see new volume
BTC has seen last days a breakdown, until now the bull market is still not closed depending on our TA view.
BTC has currently been following Dow Theory as successive HH,HL are being formed.
My opinion is to take a long position if today's candle closes above yesterday's candle (69289.67)
My trade plan is visible in the chart. 2 Entries can be taken. 1st: when it closes above 69289.67 price.
2nd: when Resistance 2 is broken (71317.10)
Good Luck!!
Bitcoin is in an uptrend channel and looks to be in correction phase back to the lower channel and heading to a major support (demand) zone at area 52K, which will be confirmed with a daily break below 60K.
Bitcoin ETF Cash Flow Update: Based on cash flow data, BTC peaked at 73k8 but cash flow was only approximately 1/10 of the previous day
Large funds like Grayscale continuously sell BTC (Today sold 348 million USD)
Besides, technical analysis shows a short-term BTC downtrend. If the important support level in the 58-60k price range does not hold, it will continue...
I have been looking for a good long opportunity against Bitcoin. With the high volume of capital inflows to crypto that has been stimulated with the ETF/Halving Bull Cycle, the question is, where will it flow to next?
Meme coins, old school cryptos, L2s, gaming?
The answerer is all of the above... duh.
If I had time I would scour the crypoverse looking for...
On the daily chart. DOGEUSD appears to be at the support line of a symmetrical triangle
pattern with about 30% upside to the pivot high in early December. The RSI lines are stable
and flat sideways in the 40-45 range. The zero-lag MACD shows lines near to the horizontal
zero level. The Fib tool suggests that a retrace to 0.09 is a reasonable target...
📈Today, I want to check the Blur(BLUR) project for you, which can increase by at least ➕40% in the coming days.
📚What Is Blur (BLUR)❗️❓
🔸 BLUR is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace...
Ethereum (ETHUSD) almost hit our 2450 Target on the last buy call we made (November 17 2023, see chart below) before it started to consolidate at the top of the 1.5 year Channel Up:
However it did turn out that the consolidation Megaphone, similar to January's, was the one that started on December 09 2023 and not before, as on our previous analysis. For that...
📈 Strength in Performance:
Unlike other altcoins that experienced corrections, STX has shown remarkable resilience.
Quick recovery from the recent dip indicates a potential strong performance in the coming days.
🚀 Buyer Dominance:
Despite heading into a resistance area, buyers seem to be in control.
First and foremost allow me to wish everyone here in the TradingView community a Happy New Year and a prosperous 2024!
What a better way to start the year than Bitcoin (BTCUSD) breaking above 45000 mark, a level it last visited on April 06 2022. Every Cycle can be seen trading within a Megaphone pattern with the parabolic rally illustrated by the dotted curves....
It has been a little over 2 months since our last analysis on Polygon (MATICUSD), which eventually hit our 0.7000 target (see chart below) and has now broken above the 1W MA100 (green trend-line) for the first time since March 13 2023:
As you can see on this 1W time-frame, we are about to get a Bullish Cross between the 1W MA50 (blue trend-line) and the 1W...
