Bitcoin has bounced from the support area of the uptrend line. As expected, the price is now breaking above the $90,000 level, and we may see a new all-time high at any moment.
Читать полностью…DYDX analysis:
Price is currently testing the resistance area, making it a no-trade zone. It is better to wait for a while before making new entries. A break and close above the resistance will lead to a strong rally.
Resistance Area: $1.28-$1.38
BTC has found solid ground at EMA25 on 4h, The calm before the storm is here, and Alts are setting the stage for a powerful move so we're going to share a strong news based call at 4PM GMT TODAY
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Exchange: Binance & MEXC
Ethereum (ETH) is currently testing the support area, and we might observe some accumulation in this region. You may consider accumulating ETH near the $3,000 support level. There is a possibility of a bounce from this point towards the resistance area, which remains unchanged.
Читать полностью…Bitcoin retraced after reaching an all-time high, and the price is currently finding support along the uptrend line. The market structure remains bullish, suggesting we may see a move towards the $90,000 level. However, a drop below $85,000 could lead to a market correction.
Читать полностью…The TOTAL2 (altcoin market cap) has managed to break previous levels and is currently testing a significant resistance area. If it breaks above this resistance, we could see the price move towards the all-time high resistance level, which ranges from $1.45 to $1.60 trillion. Overall, the altcoin market is bullish, and we anticipate a continuation of the uptrend.
Resistance Area: $1.20-$1.25 Trillion
Bitcoin has once again reached a new all-time high, breaking above the $90,000 level. The recent correction was brief, and bulls continue to drive the price upward. The next psychological resistance level to watch is $100,000, and it will be interesting to see how the market reacts in the coming weeks. There is a high possibility that the price will fill the CME gap.
Читать полностью…NEO experienced a false breakout above the resistance area but was sharply rejected from that point. The price is now in the no-trade zone, making it wise to wait for new entry opportunities. The support and resistance levels remain the same.
Читать полностью…Grayscale's spot ETF selling has slowed down, while BlackRock and Bitwise continue their steady accumulation. U.S. spot Bitcoin ETFs now hold over 982,000 BTC.
Читать полностью…INJ analysis:
The price has broken out of the long downtrend channel, which is a bullish sign. You can consider opening long positions if the price drops to the support area. We should anticipate a continuation of the upward movement toward the resistance area, and we will observe how the price reacts there.
Support Area: $22.00-$22.50
Resistance Area: $30-$32
The DOGE trade has been remarkable, delivering over 207% profit from our ideal entry point. The price has now reached the resistance area, and we should watch how it behaves there. If it breaks above this resistance, it could pave the way for new all-time highs. Be sure to pin our channel at the top to receive all the signals and updates!
Next Resistance Area: $0.57-$0.60
AUCTION/USDT
Price reached $15.09🚀
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Bitcoin's Fear and Greed Index has hit 80, indicating Extreme Greed in the market. This level of sentiment often signals heightened market optimism but could also imply an overbought condition. Stay cautious and informed!
Читать полностью…Upcoming signal has been postponed for tomorrow.
Thank you for your understanding
happy trading. Stay tuned!
Data from Glassnode reveals that public companies now hold nearly 400,000 BTC. MicroStrategy, led by Michael Saylor, remains the largest corporate holder with over 252,000 BTC. This Strategic Bitcoin Reserve approach is expected to boost institutional investment in Bitcoin.
Читать полностью…Bitcoin has hit a major milestone with its biggest weekly gain ever, rising by $11.6k in one week. This move is nearly five times bigger than usual weekly increases, showing strong bullish momentum.
This rally highlights growing market optimism, with investors seeing upcoming regulations as a chance for more capital to enter the market.
UNI analysis:
Price is currently retesting the support area, presenting an opportunity to open a long position. A bounce from this support area may occur.
Support Area: $7.60-$8.40
Resistance Area: $11.50-$12.10
BTC has surged above $90,000! 🚀 The Bitcoin network boasts over 1+ billion addresses, yet only 53-55 million are active with a non-zero balance. The true hodlers continue to show their unwavering support for the market!
Читать полностью…AEVO analysis:
Price is currently in a significant accumulation zone on the lower time frame. The accumulation suggests a potential big move is upcoming. You can accumulate some AEVO within the trading range in preparation for the upcoming rally.
Support Area: $0.34-$0.36
Educational Post
What is Divergence?
In finance, divergence occurs when an asset’s market price is moving in the opposite direction of another piece of data, usually represented by a technical analysis indicator. Divergences are used by traders and investors in an attempt to determine if a market trend is getting weaker, which may lead to a consolidation period or a trend reversal.
Trading volume is one simple example of an indicator that can produce divergences. In this case, the market price will create a divergence when moving in a direction that goes against the trading volume. For instance, if an asset’s price is moving up with a decreasing trading volume, one could consider this to be a divergence.
Despite the fact that divergences can occur between an asset’s market price and any other piece of data, they are most commonly used in relation to technical analysis indicators, especially the oscillator types, such as the Relative Strength Index (RSI), and the Stochastic RSI.
Divergences can be positive and negative, but note that they are not always present. A positive divergence may occur when the price of an asset is decreasing, but the technical indicator suggests an increase in the buying forces (or decrease in selling).
As such, a positive divergence may be considered a bullish sign and, in some cases, may precede a price reversal to the upside. In contrast, a negative divergence is seen when the price of the asset is increasing, but the indicator indicates a weakening in the buying forces (or stronger selling pressure).
Divergences may help traders determine their entry and exit points, as well as their stop losses. However, divergences should not be relied on primarily as they are not always visible and can also produce false trading signals.
STRK was able to break above the resistance area, and the long position reached a profit of more than 63% from our entry point. If you missed the earlier opportunity, you can open a long position when the price retests the support area. The resistance area remains unchanged.
Support Area: $0.435-$0.46
Bitcoin is finally cooling off after its recent rally. We might experience some sideways movement before the next upward trend. There's a significant CME gap in the $77,000 to $81,000 range, which is likely to be filled in the coming days before the next move. Consider adding more to your position during dips.
Читать полностью…DOT continues its uptrend and breaks the $5.00 resistance area. The long position printed more than 51% profit in spot. Keep holding the trade with a stop loss. We expect a continuation of the upward movement after a small retracement.
Next Resistance Area: $6.40-$6.70
DEXE/USDT
Price reached $10.175🚀
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November 11, 2024, marked the biggest daily gain in Bitcoin history in dollar terms. The momentum is unmatched as BTC continues to set records.
Читать полностью…