BTC dominance is about to make a move. Lets see if it can fall to around 50%, which is in confluence with the % Fib retracement and previous weekly support/resistance levels. It is also touching the upper trendline which acts as a resistance for now and lets . May 01, · BTC/USD Chart – TradingView. Volume is elevated to reflect strong market interest that could carry on and sustain the uptrend. Stochastic is turning lower after reaching the overbought zone, though, so a return in bearish pressure might be observed in the meantime. ADX is still above 50 to confirm that the trend could keep gaining natur-holzbausteine.de: Katherine Yang. Bitcoin Price Analysis: BTC Eyes $30K But Signals Correction Might Soon Take Place Dec 30, The global crypto market has risen another $30 billion today, which has helped lift Bitcoin out of yesterday's bearish descending triangle and onwards towards a new all-time high at $28, Despite the increase in investment.
Analyse du btcBTCUSD — Bitcoin Chart and Price — TradingView
Measuring the depth of the structure vertical pink dotted trendline and applying that measurement to the breakout level gives us a target around the 36, Hello everyone, this is Rich, I promise to keep sharing original content here on TradingView. My Second Home! If you like my trading style, do not forget to follow me for more. Best of luck! Hi my friends, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective. Bitcoin recently has shown up with highly volatile movements to the downside as it already somewhat recovered from this downside and bounced back, now besides these fundamental conditions, as I discovered Bitcoin is forming a decisive formation here Looks like we have to wait for the current 3 hour candle to CLOSE in approximately 2 hours to see what the 23min.
This was the extremely came the fall but I already predicted it for you, isn't it? Let me show you what I have told you: clearly written about Monday fall. Let me remind you that the price is in a new channel that listens well. During the price growth, the support line accompanied the price. Please note that in December , the price bounced off the support line and began to grow steadily.
Now the price is in a descending channel. This is a good sign for our idea today. As we can see, the price bounced off the These are the questions that I am now getting very often If Bitcoin will retrace, how far can it go? The potential targets we look at are based on the timeframe we are reading Even though we have a very strong bearish candle today, with really high volume Our updated chart on Bitcoin.
Momentum looks positive. We might experience a small dip before a much bigger rise I drew my Fib Extension from the bottom wick of the dump on March 15th, start of the bull run, all the way to It seems like it is currently forming a bullish flag consolidation pattern.
Let's see if the price can pullback to test the level once more to complete the pattern. A next leg higher is expected after the consolidation phase is done! Until today when it closed the most recent CME gap.
Now lets recount the list of bearish signs: -Weeks of bearish divergences accumulated -Weeks of very high funding rate -A handful of CME gaps opened and not closed. Hey guys. D either reversal alts loose steem or continuation down alts gain momentum What do you think?
If BTC. D start move down and Bitcoin sustain on actual price or start to grow, we can see nice grow in some altcoins Algo start pump :D. Wait what? Seem BTC may retrace in dominance some more before we push higher - if the previous resistance turns support. If not, hold onto your alts since we will go to the Moon or maybe even Mars. Like and subscribe! D Index Chart. Videos only. Top authors: BTC. AltSeason From February to June.
BTC dominance chart printing a double-top? D : Next Targets and Supports. Alcoins could pump little, or more. D - Weekly Trending.