Tell me the coin name, and I'll analyze it for you!Just COMMENT me the name, and I'll handle the analysis for you!by CobraVanguardUpdated 160160212
Bitcoin - More blood will follow (Do not buy now, buy here!)Bitcoin is completely manipulated by the banks and huge institutions. They sent Bitcoin down just to make your Christmas and New Year celebrations bad. But luckily I warned you about this crash a few days ago, just before it happened in my previous analysis, when almost everyone was drunk with strong greed. Bitcoin crashed by 15% so far; altcoins are down by 30% to 70%. The last days were very profitable, but let's focus on the future, because that's the most important. Bitcoin bounced a bit from 92k to 99k, giving players hope that the bottom is in. But do not be fooled, this looks like a corrective move for multiple reasons. The first reason is that the crash was extremely fast and strong, pretty much no one expected such a drop in the short term. My Elliott Wave analysis suggests that this is a strong impulse wave 12345 and therefore the start of a larger corrective structure ABC. We have finished wave A, now we are in wave B, and we can expect wave C to finish at around 85k! You want to take a Fibonacci extension, as you can see on my chart. I strongly recommend waiting for 85k because we have an unfilled FVGAP on the daily chart, and this needs to be tested. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss. I share my trades privately. Thank you, and I wish you successful trades!Shortby XanroxUpdated 221221 1 K
Bitcoin Analysis==>>Bears' Turn for Selling Pressure!!!As I expected , Bitcoin ( BINANCE:BTCUSDT ) rose to the Resistance zone($100,000-$98,130) , the lower line of the ascending channel and 100_EMA(4H TF) . According to Elliott's wave theory , Bitcoin is completing wave 4 . The structure of wave 4 is Double Three Correction(WXY) . Also, the Volume of candles that brought Bitcoin up to the Resistance zone($100,000-$98,130) is not significant for me. I expect Bitcoin to at least fall to the Support zone($95,890-$95,540) . And if the support zone breaks, we can expect another attack on the Support zone($95,000-$90,870) and 50_SMA(Daily) and fill the CME Gap($94,435-$93,935) . ⚠️Note: If Bitcoin goes above $100,000, we should expect more PUMPS.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 3232387
Bitcoin Roadmap==>>Short-termBitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone ($95,000-$90,870) and 50_SMA(Daily) , also Bitcoin managed to break the Descending Channel . Although the main Ascending Channel has been broken in the above time frame , I still expect the pullback to the main ascending channel to continue. Regarding Elliott wave theory , Bitcoin seems to be completing microwave Y of the main wave 4 . I expect Bitcoin to rise to at least the 🎯Targets🎯 I have specified on the chart . ⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 4747473
Bitcoin Roadmap=>Short-term!!!As I expected, Bitcoin ( BINANCE:BTCUSDT ) once again attacked the 50_SMA(Daily) but failed to defeat it . Bitcoin is currently moving near Heavy Support zone($95,000-$90,870) , Support zone($96,620-$95,520) and Potential Reversal Zone(PRZ) . According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the main wave 4 . To confirm the end of the main wave 4 , we need to confirm the break of the 50_SMA(Daily) . It also seems that Bitcoin in microwaves should experience an upward movement in the coming hours. I expect Bitcoin to at least rise to the Targets I have specified in the chart. ⚠️Note: If Bitcoin goes below the 50_SMA(Daily), we can expect a break of the Heavy Support zone($95,000-$90,870).⚠️ ⚠️Note: In general, the analysis is short-term, and holding a long position for targets above the Resistance zone($100,000-$98,130) is a little risky.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 2323381
Bitcoin Urgent updateBitcoin Urgent update price follows our short plan Reduce risk Key zone for long 86 -90k03:45by Yuriy_BishkoUpdated 2121154
7 Mindset Checks for Trading Success in 2025!Are You Psychologically Ready to Be a Trader? 🎯 As we step into the New Year, it's the perfect time to reflect on whether you're truly prepared to take on the world of trading. Here’s a checklist to assess your mindset and psychological readiness for the challenges ahead. 1️⃣ Do You Get Angry When You Lose? If you tend to get upset over a lost game or seek revenge, trading might amplify those emotions. With money at stake, it's easy to blame external factors like the news, politics, or distractions for a losing trade. But here's the truth: losses are part of the process. Successful traders embrace losses as learning opportunities and focus on the next profitable setup instead of dwelling on the past. Remember: Revenge trading is a trap. The market doesn’t cause losses—you do. Instead of seeking revenge, take responsibility, learn, and move forward. “The best fighter is never angry.” – Lao Tzu 2️⃣ Do You Think You’re Always Right? Ego is a trader's biggest enemy. Trading isn’t about being right or wrong—it’s about making money. If your ego drives your decisions, you might overestimate your abilities, skip your trading plan, and take unnecessary risks. Stay humble and let the market teach you. Ego-filled traders may call themselves analysts or influencers, but true traders prioritize discipline over arrogance. 3️⃣ Do You Fasten Your Seatbelt Every Time You Drive? Wearing a seatbelt is a simple yet critical risk management habit. Similarly, in trading, risk management is everything. Professional traders focus on controlling risk, not chasing rewards. Trading without a stop loss is like driving without a seatbelt—one mistake can ruin everything. Remember: the market can go anywhere. Be prepared for every outcome. 4️⃣ Are You a Follower? Successful traders carve their own paths. Blindly copying others’ strategies or trades on social media undermines your independence. You chose trading to be your own boss—embrace that responsibility. Develop and trust your own trading plan, tailored to your goals, personality, and style. “If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” – Jim Rohn 5️⃣ Can You Wait for the Green Traffic Light? Patience is a cornerstone of trading success. Waiting for the right setup and following your plan with discipline ensures long-term profitability. Self-discipline isn’t innate—it’s built over time. Commit to your plan, refine your strategy, and trust the process. “The market pays you to be disciplined.” 6️⃣ Are You Committed to Long-Term Goals? Just as a long-term relationship or fitness journey requires dedication and focus, so does trading. Jumping from one strategy to another only leads to inconsistency. If your strategy is profitable, stick with it. Master it. Repetition and consistency turn your strategy into a money machine. Successful trading is supposed to be boring. Embrace the grind. 7️⃣ Do You Finish Your Popcorn Before the Movie Starts? If patience isn’t your strength, trading might test you. Most of your time as a trader is spent waiting—for setups, for trades to play out, and for profits to materialize. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett 📚 The Takeaway Trading isn’t just about charts and strategies—it’s a test of your psychology, discipline, and patience. As we welcome the New Year, let’s focus on improving not just our trading skills but also our mindset. A strong foundation in trading psychology leads to better decision-making and long-term success. Work on your human psychology, develop your risk management, and commit to the journey. Remember, successful traders are made, not born. Here’s to a successful and prosperous trading year ahead! 🎉 You’ve got this! Let’s make 2025 your best trading year yet. ~ RichEducationby TheSignalyst2020387
BTCUSDT Major breakout and dump comingAs we mentioned before major daily support which is holding price is now 93K$ support zone and soon the support will break to the downside and bear candles with high volume can lead and we may have bear market for a while after that so be aware of this dump which is already happening and this is just beginning. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚Shortby MMBTtraderUpdated 3737150
The Crypto Market Game: How to Win Against Fear and ManipulationDid you really think profiting from the current bull run (a comprehensive upward market) would be easy? Don't be naive. Do you think they’ll let you buy low, hold, and sell high without any struggle? If it were that simple, everyone would be rich. But the truth is: 90% of you will lose. Why? Because the crypto market is not designed for everyone to win. They will shake you. They will make you doubt everything. They will create panic, causing you to sell at the worst possible moment. Do you know what happens next? The best players in this game buy when there’s fear, not sell—because your panic gives them cheap assets. This is how the game works: strong hands feed off weak hands. They exaggerate every dip, every correction, every sell-off. They make it look like the end of the world so you abandon everything. And when the market rises again, you’re left sitting there asking, “What just happened?” This is not an accident. It’s a system. The market rewards patience and punishes weak emotions. The big players already know your thoughts. They know exactly when and how to stir fear, forcing you to give up. When you panic, they profit. They don’t just play the market—they play you. That’s why most people never succeed: they fall into the same traps over and over again. People don’t realize that dips, FUD (fear, uncertainty, doubt), and panic are all part of the plan. But the winners? They block out the noise. They know that fear is temporary, but smart decisions last forever. We’ve seen this play out hundreds of times. They pump the market after you sell. They take your assets, hold them, and sell them back to you at the top—leaving you with nothing, wondering how it happened. Don’t play their game. Play your own.Educationby CobraVanguard88324
NOTHING !!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to FWB:98K or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguard1111112
BTC - This Christmas is NOT different!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas. I hope you enjoy this Christmas-themed idea.🎄 💡Can you spot a pattern here? As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈 I believe this Christmas will be no different. For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number. What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️ 📚Always follow your trading plan regarding entry, risk management, and trade management. And Remember: All Strategies Are Good; If Managed Properly! Merry Christmas Everyone 🎄 ~Richard NasrLongby TheSignalyst4949313
Higher High Next It is true that I've been calling for Bitcoin sideways; not that I been calling for it, that is what Bitcoin has been doing... Oh wait, Good afternoon my fellow trader, how are you feeling in this wonderful years-end? I hope you had great fun celebrating the birth of Jesus the Christ and all that, but there is another party just a week away so I hope you can take some of your time to read this. For your entertainment of course 😄😅 Bitcoin has been sideways but this sideways is biased. Price action clearly shows higher highs and higher lows. Will the sideways continue or will Bitcoin break higher? The truth is that January is only a few days away. 2024 is over. It can take 10 days, or 20 days... But Bitcoin can grow slowly, moving higher and challenge resistance again. We see some force at the last resistance point but support is found above 90K. Not at 90K but above it which is a signal of strength. With this much strength, Bitcoin now being 15 years old. Many people are familiar with it, everybody knows what Bitcoin does every four years; Bitcoin is going up. With all these facts, all this knowing, all this awareness, all this strength, all this growth; can we not speculate that Bitcoin will continue rising? It has been doing so for very long. The theory of the sideways market was based on the fact that Mars went retrograde earlier this month, around the 7th. It is true... Bitcoin was growing super strong, the entire market and come this date, everything stopped. Then we went on and assumed that the resumption of the bullish wave would happen late in February because that's when Mars stations direct and the exact same dynamics happened between late 2022 and early 2023 with this Mars retrograde; since it is already happening, why not expect the same? This is true but this is only one signal, one data point. One signal in isolation can be dangerous. Or it is better to say that multiple signals combined are stronger and give a better picture. When we add the cyclical bull-market in 2025, the improving market sentiment, global adoption, favorable regulations developing all across the world, etc. We are bullish on Bitcoin! Considering all these things it is easy to be ultra-bullish. Another reason to be ultra-bullish is because we have been expecting a bull-market in 2025 since always based on all those patterns that we already know. Seeing it happening only reinforces what we predicted and since it is happening we know what's to come. The recent bullish wave was just a preview. The next one will be literally twice as strong. So if your favorite pair grew between 300% to 500%, the next one will be between 600% and 1,000%. Amazing. And then there will be another one which will mark the end of the bull-market based on previous cycles. We are entering a new world, a new reality so this cycle-pattern might be broken and we see something like a super-cycle but we can only know this after the event. For now, we know that Bitcoin is growing in 2025, the Altcoins will grow in 2025, so we are ready to take advantage of this knowing. What would you do if you knew your favorite Altcoins are ready to grow by 10X? How best would you take action now to profit from this situation? How to make the most of this information? It is happening! It is already here! It is not too late... The bull-market is only getting started, get used to it because we want growth, forever growth. By the way, 150K is not this cycle top. We will see more. Thank you for reading. Namaste.Longby AlanSantanaUpdated 33125
Tell me the coin name, and I'll analyze it for you!Just COMMENT me the name, and I'll handle the analysis for you!by CobraVanguardUpdated 8585101
BTCUSDT major supports are holding the price what if it break?For sure(90% sure) the supports which are mentioned on the chart with green zones will break to the downside and Bitcoin bellow 90K$ support would be crazy and so many stop loss will hit with high volume there, even more fall and dump is expected like the red arrows on chart. Notice: we may have more range here or even fake rise before the next phase of dump which will start again and soon. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚Shortby MMBTtraderUpdated 282897
Bullish Altcoins = Bullish BitcoinBitcoin is going up. This is confirmed. Right now we have a bullish Altcoins market. The Altcoins are starting to break up strong. Some pairs are growing three digits green in a single day. What does this mean? It means Bitcoin is set to continue growing. The Altcoins never grow ultra-bullish if Bitcoin is about to crash. If Bitcoin were to crash, the Altcoins would be shy, weak, trading near support or already crashing. The fact that we see this strong bullish breakout on many pairs, early signals, confirms that Bitcoin is going higher. This is a very simple signal but it clears all doubt. Nobody can tell you that Bitcoin is going down. Here you have the proof. ➖ Sequence A correction (Altcoins) leads to the establishment of support. This correction ends as a strong higher low compared to the start of the bullish wave several months ago. This support level is consolidated briefly. This was a short correction (in time duration). The consolidation phase leads to a very strong bullish breakout; the resumption of the bullish trend. The correction ends in a strong higher low and thus we can expect a higher high next. Bitcoin is going up. Don't let anybody tell you otherwise. The opportunity to buy now is strong. It is wise to buy when prices are low/near support. It is wise to buy when the market is depressed. All retraces and corrections are an opportunity to buy strong. You will be happy with the incoming amazing results. Bitcoin and the Altcoins market are going up. Namaste.by AlanSantanaUpdated 8862
Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support. If these levels hold, CRYPTOCAP:BTC could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600. Watch these key levels for Bitcoin's next move! DYOR, NFA #Cryptoby CRYPTOMOJO_TAUpdated 2288
Bitcoin/USDT AnalysisCurrent Price: The chart shows Bitcoin trading at approximately $95,660, with recent downward momentum (-2.11%). Support Zone: Around $91,800 - $93,500 (gray highlighted region), providing a strong base where price could potentially reverse or consolidate. Resistance Levels: $98,200 - $99,000: The first resistance level to watch if the price bounces upward. $101,000 - $102,000: A secondary resistance zone. $104,000 - $105,000: A higher resistance zone that aligns with previous peaks. Potential Scenarios: Bullish Scenario: If Bitcoin holds above the support zone ($91,800 - $93,500), a rebound toward $98,200 and potentially $101,000 is likely. A breakout above $101,000 could pave the way to test the $104,000 - $105,000 range. Bearish Scenario: A breakdown below $91,800 might signal further declines toward $90,000 or lower levels. Trend Analysis: The short-term trend appears bearish; however, the support zone may serve as a strong reversal point for a potential upward move.Longby melikatrader94Updated 101066
Bitcoin - Time to buy again!As I mentioned, Bitcoin does not have enough volume to break the 0.618 line by the end of the holidays. Therefore, we have to wait and see if Bitcoin can stabilize above 100k in the new year. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguard87
BTC fake uptick....still droppingSo BTC made a quick uptick this am! Let's not get too excited. It has broken upward channel and support. Next elevator is either to low 70s / high to mid 60s depending on the level of carnage left behind. People will get left holding the bag during the holiday season and it could take 1-2 years to get back to these levels. You've been warned! Always do your own DD and best of luck!Shortby antonini20029934
Moving Average Convergence Divergence MACD A Comprehensive GuideMastering the Moving Average Convergence Divergence (MACD): A Comprehensive Guide Understanding the Moving Average Convergence Divergence (MACD): A Beginner’s Guide The Moving Average Convergence Divergence (MACD) is a popular and powerful momentum and trend-following indicator used by traders across various markets. Developed by Gerald Appel in the late 1970s, MACD helps traders identify potential trend reversals, momentum strength, and buy or sell signals. What is MACD? MACD is based on the relationship between two moving averages of an asset’s price. It consists of three main components: MACD Line: Calculated as the difference between the 12-period Exponential Moving Average (EMA) and the 26-period EMA. Signal Line: A 9-period EMA of the MACD Line. Serves as a trigger for buy or sell signals. Histogram: The difference between the MACD Line and the Signal Line. Visual representation of momentum changes. How to Interpret MACD Crossovers: Bullish Crossover: When the MACD Line crosses above the Signal Line, it signals upward momentum and is often interpreted as a buy signal. Bearish Crossover: When the MACD Line crosses below the Signal Line, it indicates downward momentum and is often seen as a sell signal. Centerline Crossovers: When the MACD Line crosses above the zero line, it indicates bullish momentum. When the MACD Line crosses below the zero line, it signals bearish momentum. Divergence: Bullish Divergence: Occurs when the price makes lower lows, but the MACD makes higher lows. This can indicate a potential upward reversal. Bearish Divergence: Occurs when the price makes higher highs, but the MACD makes lower highs. This can suggest a potential downward reversal. Strengths of MACD Versatile: Combines trend-following and momentum analysis. Easy to Use: Simple to interpret for traders of all skill levels. Effective in Trending Markets: Provides clear signals during strong trends. Limitations of MACD Lagging Indicator: Since it relies on moving averages, MACD may provide signals after a trend has already started. False Signals: In sideways or choppy markets, MACD can produce misleading crossovers. Best Practices for Using MACD Combine with Other Indicators: Use MACD with support and resistance levels, RSI, or Bollinger Bands for confirmation of signals. Combine it with volume analysis to validate momentum strength. Adjust Periods for Your Strategy: Shorten the EMA periods (e.g., 8, 18, and 6) for more responsive signals in fast-moving markets. Lengthen the periods (e.g., 21, 50, and 9) for smoother signals in slower markets. Understand Market Context: Avoid relying solely on MACD in range-bound markets where false signals are more common. Example of MACD in Action Imagine a stock is in an uptrend, and the MACD Line crosses above the Signal Line while the histogram turns positive. This is a bullish signal suggesting that the upward momentum is strengthening. Conversely, if the MACD Line crosses below the Signal Line during a downtrend, it signals that bearish momentum may continue. Conclusion The MACD is a robust indicator that helps traders identify trends, momentum shifts, and potential buy/sell opportunities. While it’s easy to use, its effectiveness improves when combined with other technical tools and a solid understanding of market dynamics. As always, backtest your strategies and practice using the MACD on historical data before applying it to live trades.Educationby CobraVanguard2268
The Relative Strength Index (RSI): A Beginner’s GuideThe Relative Strength Index (RSI) is one of the most widely used technical indicators in trading. Developed by J. Welles Wilder in 1978, it helps traders evaluate the momentum of a market and identify overbought or oversold conditions. What is RSI? RSI is an oscillator that measures the speed and magnitude of price changes over a specific period, typically 14 periods. It provides a value between 0 and 100, which helps traders gauge whether an asset is overbought or oversold. Overbought: RSI above 70 suggests the asset might be overbought and due for a correction. Oversold: RSI below 30 indicates the asset might be oversold and due for a rebound. The RSI Formula The RSI is calculated as: Where: RS= Average Gain of Up Periods (over the lookback period) / Average Loss of Down Periods (over the lookback period) How to Interpret RSI 1. Overbought and Oversold Levels: - When RSI crosses above 70, it may signal that the asset is overbought and could experience a price decline. - When RSI drops below 30, it may indicate that the asset is oversold and could see a price increase. 2. Divergence: - Bullish Divergence: When the price makes lower lows, but RSI makes higher lows, it suggests a potential upward reversal. - Bearish Divergence: When the price makes higher highs, but RSI makes lower highs, it indicates a potential downward reversal. 3. Centerline Crossover: - RSI crossing above 50 is often viewed as a bullish signal, indicating upward momentum. - RSI crossing below 50 suggests bearish momentum. Strengths of RSI - Versatility: Works well in a variety of markets (stocks, forex, crypto, etc.) and timeframes. - Simplicity: Easy to interpret for beginners. - Divergences: Offers insight into potential trend reversals. Limitations of RSI - False Signals**: RSI can provide false overbought/oversold signals in strong trending markets. - Lagging Indicator: Like most indicators, RSI relies on historical data, which may delay signals. Best Practices for Using RSI 1. Combine with Other Indicators: - Use RSI with trend-following indicators like Moving Averages or MACD to filter out false signals. - Pair it with support and resistance levels to validate potential reversals. 2. Adjust the Period: - Shorten the period (e.g., 7 or 9) for more sensitive signals. - Lengthen the period (e.g., 20 or 30) for smoother, less frequent signals. 3. Context Matters: - In a trending market, RSI may remain overbought or oversold for extended periods. Use it cautiously in such conditions. Example of RSI in Action Imagine a cryptocurrency like Bitcoin has been rallying for several days, and the RSI rises above 70. This suggests that Bitcoin might be overbought, and a pullback could occur soon. However, if the market trend is strong, Bitcoin’s RSI could stay above 70 for an extended period. Combining RSI with trend analysis or support/resistance levels can provide better insights. Conclusion The RSI is a powerful tool for traders seeking to understand market momentum and potential reversal points. While it’s simple to use, its effectiveness increases when combined with other indicators and market context. As always, practice using RSI on historical data before applying it to live trades, and remember that no single indicator guarantees successEducationby CobraVanguard44355
BTCUSDT- Stay bullish!In the cryptocurrency market, fundamental factors such as Federal Reserve policies, the growth of the US dollar index, and the amount of liquidity in the market have a direct impact on Bitcoin's movement. A strengthening US dollar can increase selling pressure on Bitcoin. But if there are signs of a halt to tightening policies or a growth in cryptocurrency adoption, the likelihood of Bitcoin rising increases, especially if institutional demand for Bitcoin increases. Technically, on the one-hour timeframe, Bitcoin is approaching a strong support range between $92,520 and $93,668. This range could trigger a price reversal, but if it is broken, further declines are expected. On the upside, key resistances lie at $96,732 (0.5 Fibonacci level) and $99,964. A break above these levels could trigger a new uptrend for Bitcoin. The Ichimoku Cloud indicates current weakness in the trend, as the price is below the Cloud and the ALLIGATOR lines are also in a bearish mode. However, the price's proximity to the support zone increases the likelihood of a reversal.Longby Sarim-Trader4453
Bitcoin can little correct and then continue to grow in rangeHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the resistance line and rebounded at once and made impulse up. BTC rose to a support level, which coincided with the buyer zone, but firstly it made a small correction and some time traded below the 92500 level. Soon, the price broke this level, after which it started to trades inside the range, where it at once made a retest and tried to grow, but later corrected the support level. Next, the price continued to move up and reached the resistance level, which coincided with the seller zone, after which corrected the resistance line. After this movement, BTC at once rebounded and rose to the seller zone and even higher, breaking the 103500 level. But soon, the price turned around and dropped to the support level, breaking the resistance level with the resistance line. Then the price turned around and a not long time ago started to grow. For this reason, I think that Bitcoin make a small movement down to almost the support level and then continue to grow to the 103500 resistance level inside the range. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀Longby LegionQ8Updated 101080