πLONG: $BTC by thecryer (2W)
#BTCUSD | #BTC | #Bitcoin
Current Price $59933.00
Market Cap $1183.83B
Change 1h -0.08% | 24h +0.17%
Analysis: This chart demonstrates the Fibonacci retracement levels, with the Golden Ratio (61.8%) being a key level to watch. Historically, price movement respects these levels, suggesting potential reversals and continuations. Gauging current price action relative to these retracements offers valuable insight.
Price Targets: Watch for support around $13,678.22 and resistance near the Golden Ratio at $49,340.81. A break above could propel the price back towards previous highs, whilst dropping below $13,678.22 might indicate further bearish movement. Happy trading!
#BTCUSD | #BTC | #Bitcoin
Current Price $59933.00
Market Cap $1183.83B
Change 1h -0.08% | 24h +0.17%
Analysis: This chart demonstrates the Fibonacci retracement levels, with the Golden Ratio (61.8%) being a key level to watch. Historically, price movement respects these levels, suggesting potential reversals and continuations. Gauging current price action relative to these retracements offers valuable insight.
Price Targets: Watch for support around $13,678.22 and resistance near the Golden Ratio at $49,340.81. A break above could propel the price back towards previous highs, whilst dropping below $13,678.22 might indicate further bearish movement. Happy trading!
πLONG: $BTC by CobraVanguard (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $60228.00
Market Cap $1189.82B
Change 1h +0.34% | 24h +0.88%
Daily Indicators:
β’ RSI: 55 - Neutral π
β’ MACD: -242 - Bearish π΄
β’ EMA: 58843 - Above π’
Analysis:
Bitcoin appears to be entering an exciting period as it's forming an ascending triangle on the chart. This pattern often signals a potential uptrend, especially if the price successfully breaks above the resistance level. The major resistance to watch is around the $61,000 mark.
Price Targets:
If Bitcoin breaks past this major resistance at $61,000, we could see it target the next level around $73,000. The megaphone pattern also suggests a possible surge, making it an exciting time for potential gains. Keep an eye on these key levels! π
#BTCUSDT | #BTC | #Bitcoin
Current Price $60228.00
Market Cap $1189.82B
Change 1h +0.34% | 24h +0.88%
Daily Indicators:
β’ RSI: 55 - Neutral π
β’ MACD: -242 - Bearish π΄
β’ EMA: 58843 - Above π’
Analysis:
Bitcoin appears to be entering an exciting period as it's forming an ascending triangle on the chart. This pattern often signals a potential uptrend, especially if the price successfully breaks above the resistance level. The major resistance to watch is around the $61,000 mark.
Price Targets:
If Bitcoin breaks past this major resistance at $61,000, we could see it target the next level around $73,000. The megaphone pattern also suggests a possible surge, making it an exciting time for potential gains. Keep an eye on these key levels! π
πLONG: $TON by CobraVanguard (1D)
#TONUSDT | #TON | #Toncoin
Current Price $5.58
Market Cap $14.12B
Change 1h -0.94% | 24h -1.77%
Daily Indicators:
β’ RSI: 52 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 5.55 - Above π’
Analysis:
The chart for TON shows a significant rise after hitting the support line, suggesting a potential bullish reversal. The completion of the abc downward waves strengthens this bullish trend. The recent movements are pointing towards a new upward trajectory, indicating positive sentiment among traders.
Price Targets:
Given the bullish signals, the immediate price target to watch is around $6.50. If the momentum continues, the next major resistance level is set at $8.50. On the downside, maintaining support above $4.50 will be crucial for sustaining the bullish outlook.
Toncoin's community: @toncoin
#TONUSDT | #TON | #Toncoin
Current Price $5.58
Market Cap $14.12B
Change 1h -0.94% | 24h -1.77%
Daily Indicators:
β’ RSI: 52 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 5.55 - Above π’
Analysis:
The chart for TON shows a significant rise after hitting the support line, suggesting a potential bullish reversal. The completion of the abc downward waves strengthens this bullish trend. The recent movements are pointing towards a new upward trajectory, indicating positive sentiment among traders.
Price Targets:
Given the bullish signals, the immediate price target to watch is around $6.50. If the momentum continues, the next major resistance level is set at $8.50. On the downside, maintaining support above $4.50 will be crucial for sustaining the bullish outlook.
Toncoin's community: @toncoin
πLONG: $BTC by weslad (2D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $60267.00
Market Cap $1191.00B
Change 1h +0.06% | 24h +0.63%
Analysis:
Bitcoin is currently in a consolidation phase within a strong descending broadening wedge formation. With wave leg E ending at the bottom of the wedge, there might be a significant bullish impulse ahead. This sets a potential buy-back zone around the current levels. Bitcoin isn't bearish; itβs gearing up for a possible major move.
Price Targets:
In the near term, look for resistance at around $68,500 - $73,881.4. Beyond that, a bullish breakout could see Bitcoin pushing towards $80,000 and then potentially up to $92,500. Ideal buy-back zone lies between $54,500 and $56,500. Keep an eye on these levels for optimal trading opportunities.
#BTCUSDT | #BTC | #Bitcoin
Current Price $60267.00
Market Cap $1191.00B
Change 1h +0.06% | 24h +0.63%
Analysis:
Bitcoin is currently in a consolidation phase within a strong descending broadening wedge formation. With wave leg E ending at the bottom of the wedge, there might be a significant bullish impulse ahead. This sets a potential buy-back zone around the current levels. Bitcoin isn't bearish; itβs gearing up for a possible major move.
Price Targets:
In the near term, look for resistance at around $68,500 - $73,881.4. Beyond that, a bullish breakout could see Bitcoin pushing towards $80,000 and then potentially up to $92,500. Ideal buy-back zone lies between $54,500 and $56,500. Keep an eye on these levels for optimal trading opportunities.
πSHORT: $BTC by AnabelSignals (8H)
#BTCUSD | #BTC | #Bitcoin
Current Price $60399.00
Market Cap $1192.27B
Change 1h +0.30% | 24h +0.72%
Current Indicators:
β’ RSI: 65 - Neutral π
β’ MACD: 956 - Bullish π’
β’ EMA: 58158 - Above π’
Analysis:
BTCUSD sellers are in full panic mode with the market hovering at the 60205 pivot level. The combination of Super Trend and Pivot HL indicators strongly suggest a high probability of a Bearish continuation.
Price Targets:
Monitor the key price levels: If prices dip below 60205, look for further declines to 58342 and possibly 56100. On the upside, resistance levels to watch are 61331 and 62000.
#BTCUSD | #BTC | #Bitcoin
Current Price $60399.00
Market Cap $1192.27B
Change 1h +0.30% | 24h +0.72%
Current Indicators:
β’ RSI: 65 - Neutral π
β’ MACD: 956 - Bullish π’
β’ EMA: 58158 - Above π’
Analysis:
BTCUSD sellers are in full panic mode with the market hovering at the 60205 pivot level. The combination of Super Trend and Pivot HL indicators strongly suggest a high probability of a Bearish continuation.
Price Targets:
Monitor the key price levels: If prices dip below 60205, look for further declines to 58342 and possibly 56100. On the upside, resistance levels to watch are 61331 and 62000.
πLONG: $ETH by Setupsfx_ (1D)
#ETHUSDT | #ETH | #Ethereum
Current Price $2412.96
Market Cap $290.36B
Change 1h +0.16% | 24h -0.23%
Daily Indicators:
β’ RSI: 45 - Neutral π
β’ MACD: -72 - Bearish π΄
β’ EMA: 2498 - Below π΄
Analysis:
#ETHUSDT is showing strong potential for a major breakout on daily and monthly candles. The chart indicates a consolidation phase right now, with significant bullish momentum. Keep an eye on previous HH for an ideal buying opportunity and get ready for a big move!
Price Targets:
Key resistance levels to watch: $3,700, $4,100, and $4,600. A break above $2,500 could signal upward momentum, with a possible retracement to $2,300 as a support zone. Aim high, and let's capture those gains!
#ETHUSDT | #ETH | #Ethereum
Current Price $2412.96
Market Cap $290.36B
Change 1h +0.16% | 24h -0.23%
Daily Indicators:
β’ RSI: 45 - Neutral π
β’ MACD: -72 - Bearish π΄
β’ EMA: 2498 - Below π΄
Analysis:
#ETHUSDT is showing strong potential for a major breakout on daily and monthly candles. The chart indicates a consolidation phase right now, with significant bullish momentum. Keep an eye on previous HH for an ideal buying opportunity and get ready for a big move!
Price Targets:
Key resistance levels to watch: $3,700, $4,100, and $4,600. A break above $2,500 could signal upward momentum, with a possible retracement to $2,300 as a support zone. Aim high, and let's capture those gains!
πNEUTRAL: $BTC by MonoCoinSignal (1H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $59888.00
Market Cap $1182.19B
Change 1h -0.28% | 24h +0.08%
Hourly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: 25 - Bullish π’
β’ EMA: 59985 - Below π΄
Analysis:
Bitcoin is approaching key levels as it hovers near $59,800. Mixed signals on 1H and 4H charts suggest consolidation, but a potential momentum shift looms in September. The RSI remains neutral but with room to move higher, indicating things could go either way.
Price Targets:
Watch for a breakout above $61,348 to hit $62,000. Failure to hold support might drop BTC to $57,463. In the event of a pullback, consider entering long positions near $57,463 if support holds.
#BTCUSDT | #BTC | #Bitcoin
Current Price $59888.00
Market Cap $1182.19B
Change 1h -0.28% | 24h +0.08%
Hourly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: 25 - Bullish π’
β’ EMA: 59985 - Below π΄
Analysis:
Bitcoin is approaching key levels as it hovers near $59,800. Mixed signals on 1H and 4H charts suggest consolidation, but a potential momentum shift looms in September. The RSI remains neutral but with room to move higher, indicating things could go either way.
Price Targets:
Watch for a breakout above $61,348 to hit $62,000. Failure to hold support might drop BTC to $57,463. In the event of a pullback, consider entering long positions near $57,463 if support holds.
πNEUTRAL: $BTC by MarcPMarkets (24H)
#BTCUSD | #BTC | #Bitcoin
Current Price $59884.00
Market Cap $1182.87B
Change 1h -0.18% | 24h +0.07%
Analysis:
Bitcoin is showing bullish momentum as it bounces off the 53K support level, in line with my previous analysis. The recent higher low pin bar supports a continuation of this uptrend.
Price Targets:
Clearing 60K could lead to a push towards 64K. Is Bitcoin heading back to 64K? Let's watch these levels!
#BTCUSD | #BTC | #Bitcoin
Current Price $59884.00
Market Cap $1182.87B
Change 1h -0.18% | 24h +0.07%
Analysis:
Bitcoin is showing bullish momentum as it bounces off the 53K support level, in line with my previous analysis. The recent higher low pin bar supports a continuation of this uptrend.
Price Targets:
Clearing 60K could lead to a push towards 64K. Is Bitcoin heading back to 64K? Let's watch these levels!
πSHORT: $BTC by SwallowPremium (1W)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58523.00
Market Cap $1154.73B
Change 1h +0.10% | 24h -2.71%
Weekly Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: 432 - Bullish π’
β’ EMA: 58911 - Below π΄
Analysis:
In the weekly timeframe, Bitcoin (BTC) is displaying a bearish pattern with consistent lower lows. Sellers continue to dominate as we proceed gradually towards our target. The head and shoulders pattern suggests possible further declines before any substantial bounce.
Price Targets:
Our immediate downside target is around $30,000. After reaching this level, potential rebound targets point towards $47,000 and $75,000 as recovery zones. Stay tuned and adjust your strategy accordingly!
#BTCUSDT | #BTC | #Bitcoin
Current Price $58523.00
Market Cap $1154.73B
Change 1h +0.10% | 24h -2.71%
Weekly Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: 432 - Bullish π’
β’ EMA: 58911 - Below π΄
Analysis:
In the weekly timeframe, Bitcoin (BTC) is displaying a bearish pattern with consistent lower lows. Sellers continue to dominate as we proceed gradually towards our target. The head and shoulders pattern suggests possible further declines before any substantial bounce.
Price Targets:
Our immediate downside target is around $30,000. After reaching this level, potential rebound targets point towards $47,000 and $75,000 as recovery zones. Stay tuned and adjust your strategy accordingly!
πNEUTRAL: $ETH by SwallowPremium (1W)
#ETHUSDT | #ETH | #Ethereum
Current Price $2276.43
Market Cap $273.93B
Change 1h +0.42% | 24h -6.02%
Weekly Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -173 - Bearish π΄
β’ EMA: 2846 - Below π΄
Analysis:
Ethereum (ETH) is grappling with a weak supportive trend as buyers struggle to hold the designated zone. Despite high hopes, the lack of strong buying volume indicates that sellers are seizing control.
Price Targets:
If buyers can regain dominance, we might see an upswing to around $2,650 and possibly $3,250. However, if sellers continue their reign, ETH could drop sharply to $1,850 and even test $1,350.
#ETHUSDT | #ETH | #Ethereum
Current Price $2276.43
Market Cap $273.93B
Change 1h +0.42% | 24h -6.02%
Weekly Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -173 - Bearish π΄
β’ EMA: 2846 - Below π΄
Analysis:
Ethereum (ETH) is grappling with a weak supportive trend as buyers struggle to hold the designated zone. Despite high hopes, the lack of strong buying volume indicates that sellers are seizing control.
Price Targets:
If buyers can regain dominance, we might see an upswing to around $2,650 and possibly $3,250. However, if sellers continue their reign, ETH could drop sharply to $1,850 and even test $1,350.
πSHORT: $ETH by SwallowPremium (1D)
#ETHUSDT | #ETH | #Ethereum
Current Price $2282.58
Market Cap $274.40B
Change 1h +0.25% | 24h -5.63%
Daily Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -82 - Bearish π΄
β’ EMA: 2479 - Below π΄
Analysis:
Price is under pressure at the daily support zone, showing a failed bounce attempt. The market structure suggests a sharp breakdown is likely, as sellers show dominance and bulls failed to secure higher levels.
Price Targets:
Watch for a potential drop to support levels at around $2,050, followed by $1,850, and a significant breakdown target at $1,530.
#ETHUSDT | #ETH | #Ethereum
Current Price $2282.58
Market Cap $274.40B
Change 1h +0.25% | 24h -5.63%
Daily Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -82 - Bearish π΄
β’ EMA: 2479 - Below π΄
Analysis:
Price is under pressure at the daily support zone, showing a failed bounce attempt. The market structure suggests a sharp breakdown is likely, as sellers show dominance and bulls failed to secure higher levels.
Price Targets:
Watch for a potential drop to support levels at around $2,050, followed by $1,850, and a significant breakdown target at $1,530.
πLONG: $TON by mrsignalll (1H)
#TONUSDT | #TON | #Toncoin
Current Price $5.58
Market Cap $14.11B
Change 1h +0.54% | 24h -2.52%
Hourly Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 5.59 - Below π΄
Analysis:
Looking to go long on #TON/USDT on Binance Futures with 10X leverage. The entry point is set at 5.528, and the chart suggests a promising upward movement. The stop target is at 5.411, providing a safety net while taking the trade.
Price Targets:
We're targeting take-profits at multiple levels: 5.645, 5.763, 5.880 & 6. Keep an eye on these targets to lock in gains as the price climbs! ππ
Toncoin's community: @toncoin
#TONUSDT | #TON | #Toncoin
Current Price $5.58
Market Cap $14.11B
Change 1h +0.54% | 24h -2.52%
Hourly Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 5.59 - Below π΄
Analysis:
Looking to go long on #TON/USDT on Binance Futures with 10X leverage. The entry point is set at 5.528, and the chart suggests a promising upward movement. The stop target is at 5.411, providing a safety net while taking the trade.
Price Targets:
We're targeting take-profits at multiple levels: 5.645, 5.763, 5.880 & 6. Keep an eye on these targets to lock in gains as the price climbs! ππ
Toncoin's community: @toncoin
πLONG: $BTC by TradingShot (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $58913.00
Market Cap $1163.29B
Change 1h +0.13% | 24h -1.96%
Weekly Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: 469 - Bullish π’
β’ EMA: 58941 - Below π΄
Analysis:
Bitcoin's price action reveals a consistent pattern post-Halving, following the 1W MA50 closely. Expect volatility, but history suggests a strong rally post-October every cycle. This trend has been evident since 2016, showcasing the tech giant's resilience and predictable behavior.
Price Targets:
Given the patterns, Bitcoin could rally towards $75,000 and eventually eye $100,000. A dip below $50,000 would find support around the 1W MA50, ensuring that any corrections are short-lived, setting up for the next October rally.
#BTCUSD | #BTC | #Bitcoin
Current Price $58913.00
Market Cap $1163.29B
Change 1h +0.13% | 24h -1.96%
Weekly Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: 469 - Bullish π’
β’ EMA: 58941 - Below π΄
Analysis:
Bitcoin's price action reveals a consistent pattern post-Halving, following the 1W MA50 closely. Expect volatility, but history suggests a strong rally post-October every cycle. This trend has been evident since 2016, showcasing the tech giant's resilience and predictable behavior.
Price Targets:
Given the patterns, Bitcoin could rally towards $75,000 and eventually eye $100,000. A dip below $50,000 would find support around the 1W MA50, ensuring that any corrections are short-lived, setting up for the next October rally.
πSHORT: $BTC by Xanrox (1H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58965.00
Market Cap $1164.54B
Change 1h +0.04% | 24h -1.93%
Hourly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -332 - Bearish π΄
β’ EMA: 59324 - Below π΄
Analysis:
Bitcoin is showing signs of a bear flag, suggesting a potential drop from its current price of $58,900. This pattern often indicates a forthcoming bearish trend. Although Bitcoin previously surged to $20,000 in 2017, it's now facing downward pressure.
Price Targets:
Watch for a potential drop to $28,000. Support levels are around $57,540, $56,745, and $55,634. This could be a significant move, so staying alert is key.
#BTCUSDT | #BTC | #Bitcoin
Current Price $58965.00
Market Cap $1164.54B
Change 1h +0.04% | 24h -1.93%
Hourly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -332 - Bearish π΄
β’ EMA: 59324 - Below π΄
Analysis:
Bitcoin is showing signs of a bear flag, suggesting a potential drop from its current price of $58,900. This pattern often indicates a forthcoming bearish trend. Although Bitcoin previously surged to $20,000 in 2017, it's now facing downward pressure.
Price Targets:
Watch for a potential drop to $28,000. Support levels are around $57,540, $56,745, and $55,634. This could be a significant move, so staying alert is key.
πLONG: $BTC by Lingrid (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58933.00
Market Cap $1164.56B
Change 1h +0.08% | 24h -1.90%
Daily Indicators:
β’ RSI: 50 - Neutral π
β’ MACD: -253 - Bearish π΄
β’ EMA: 58782 - Above π’
Analysis:
After three fake breakouts, Bitcoin found strong support around the 54,000 - 53,800 level. This consolidation signals a potential bullish move. The chart shows a bounce off support, indicating a likely upward trajectory.
Price Targets:
Expect Bitcoin to aim for 55,224.25 initially. If momentum continues, the next targets are 65,000.00 and potentially 73,552.73. Keep an eye on support levels holding firm to confirm this bullish outlook.
#BTCUSDT | #BTC | #Bitcoin
Current Price $58933.00
Market Cap $1164.56B
Change 1h +0.08% | 24h -1.90%
Daily Indicators:
β’ RSI: 50 - Neutral π
β’ MACD: -253 - Bearish π΄
β’ EMA: 58782 - Above π’
Analysis:
After three fake breakouts, Bitcoin found strong support around the 54,000 - 53,800 level. This consolidation signals a potential bullish move. The chart shows a bounce off support, indicating a likely upward trajectory.
Price Targets:
Expect Bitcoin to aim for 55,224.25 initially. If momentum continues, the next targets are 65,000.00 and potentially 73,552.73. Keep an eye on support levels holding firm to confirm this bullish outlook.
πLONG: $BTC by CobraVanguard (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58664.00
Market Cap $1159.16B
Change 1h +0.06% | 24h -2.22%
4-Hourly Indicators:
β’ RSI: 47 - Neutral π
β’ MACD: 317 - Bullish π’
β’ EMA: 58881 - Below π΄
Analysis:
Despite breaking the head and shoulders, bearish pressure has increased as resistance at 61K held strong. The price is expected to decline towards near 57K before potentially bouncing back up again.
Price Targets:
Look out for a decline to around 57K before a rebound. If support holds, a possible bounce back towards resistance at 61K may occur.
#BTCUSDT | #BTC | #Bitcoin
Current Price $58664.00
Market Cap $1159.16B
Change 1h +0.06% | 24h -2.22%
4-Hourly Indicators:
β’ RSI: 47 - Neutral π
β’ MACD: 317 - Bullish π’
β’ EMA: 58881 - Below π΄
Analysis:
Despite breaking the head and shoulders, bearish pressure has increased as resistance at 61K held strong. The price is expected to decline towards near 57K before potentially bouncing back up again.
Price Targets:
Look out for a decline to around 57K before a rebound. If support holds, a possible bounce back towards resistance at 61K may occur.
πLONG: $ETH by melikatrader94 (4H)
#ETHUSDT | #ETH | #Ethereum
Current Price $2307.36
Market Cap $277.67B
Change 1h +0.17% | 24h -4.20%
4-Hourly Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -15 - Bearish π΄
β’ EMA: 2363 - Below π΄
Analysis:
ETH looks poised for a breakout as it nears two descending trendlines. If the price breaks above these lines, that could signal strength. Additionally, keep an eye on the internal trendline that acts as short-term resistance. A breach here could further bolster the bullish case.
Price Targets:
A successful breakout could push ETH towards the $2,700 to $2,950 range. Initially, look for it to overcome the internal resistance around $2,400. Bullish momentum might then drive it to $2,700 and eventually $2,950.
#ETHUSDT | #ETH | #Ethereum
Current Price $2307.36
Market Cap $277.67B
Change 1h +0.17% | 24h -4.20%
4-Hourly Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -15 - Bearish π΄
β’ EMA: 2363 - Below π΄
Analysis:
ETH looks poised for a breakout as it nears two descending trendlines. If the price breaks above these lines, that could signal strength. Additionally, keep an eye on the internal trendline that acts as short-term resistance. A breach here could further bolster the bullish case.
Price Targets:
A successful breakout could push ETH towards the $2,700 to $2,950 range. Initially, look for it to overcome the internal resistance around $2,400. Bullish momentum might then drive it to $2,700 and eventually $2,950.
πSHORT: $BTC by KlejdiCuni (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58234.00
Market Cap $1153.72B
Change 1h -0.49% | 24h -3.23%
4-Hourly Indicators:
β’ RSI: 42 - Neutral π
β’ MACD: 199 - Bullish π’
β’ EMA: 58833 - Below π΄
Analysis:
The recent double top pattern in Bitcoin (BTC) has been confirmed by a price breakdown, suggesting potential bearish momentum. With the market looking toward the upcoming FOMC meeting and speculating on a potential rate cut, BTC could see increased volatility.
Price Targets:
Immediate support levels to watch are around $57,548.79 and $56,473.17. If bearish momentum continues, the next target could be $54,005.87. Stay tuned for key levels as we approach the FOMC meeting!
#BTCUSDT | #BTC | #Bitcoin
Current Price $58234.00
Market Cap $1153.72B
Change 1h -0.49% | 24h -3.23%
4-Hourly Indicators:
β’ RSI: 42 - Neutral π
β’ MACD: 199 - Bullish π’
β’ EMA: 58833 - Below π΄
Analysis:
The recent double top pattern in Bitcoin (BTC) has been confirmed by a price breakdown, suggesting potential bearish momentum. With the market looking toward the upcoming FOMC meeting and speculating on a potential rate cut, BTC could see increased volatility.
Price Targets:
Immediate support levels to watch are around $57,548.79 and $56,473.17. If bearish momentum continues, the next target could be $54,005.87. Stay tuned for key levels as we approach the FOMC meeting!
πSHORT: $BTC by pullbacksignal (1H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57794.00
Market Cap $1138.08B
Change 1h -0.74% | 24h -4.10%
Hourly Indicators:
β’ RSI: 29 - Oversold π΄
β’ MACD: -413 - Bearish π΄
β’ EMA: 58942 - Below π΄
Analysis:
A potential sell opportunity for Bitcoin has been identified on the 1h BTCUSDT futures chart with a current price of 58940.0. The signals are based on a descending trendline and recent pullback patterns, indicating potential bearish momentum. Traders might consider opening short positions around the marked level.
Price Targets:
Stop loss is suggested at 59980.0 to manage risk. For profit targets, aim for 56160.0, 54317.0, and 51670.0. These levels are based on previous areas of support and Fibonacci retracement levels, offering a strategic roadmap for potential exits. Happy trading!
#BTCUSDT | #BTC | #Bitcoin
Current Price $57794.00
Market Cap $1138.08B
Change 1h -0.74% | 24h -4.10%
Hourly Indicators:
β’ RSI: 29 - Oversold π΄
β’ MACD: -413 - Bearish π΄
β’ EMA: 58942 - Below π΄
Analysis:
A potential sell opportunity for Bitcoin has been identified on the 1h BTCUSDT futures chart with a current price of 58940.0. The signals are based on a descending trendline and recent pullback patterns, indicating potential bearish momentum. Traders might consider opening short positions around the marked level.
Price Targets:
Stop loss is suggested at 59980.0 to manage risk. For profit targets, aim for 56160.0, 54317.0, and 51670.0. These levels are based on previous areas of support and Fibonacci retracement levels, offering a strategic roadmap for potential exits. Happy trading!
πLONG: $BTC by mrsignalll (1H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57926.00
Market Cap $1144.13B
Change 1h +0.24% | 24h -3.42%
Hourly Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -408 - Bearish π΄
β’ EMA: 58717 - Below π΄
Analysis:
Keep an eye on Bitcoin as it dips into the $57,148 - $56,045 zone for a potential long position setup. If the price plummets below $55,500, itβs time to rethink your strategy.
Price Targets:
Await confirmation before setting targets. Initial target could be $58,800, followed by $60,000 if momentum is strong.
#BTCUSDT | #BTC | #Bitcoin
Current Price $57926.00
Market Cap $1144.13B
Change 1h +0.24% | 24h -3.42%
Hourly Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -408 - Bearish π΄
β’ EMA: 58717 - Below π΄
Analysis:
Keep an eye on Bitcoin as it dips into the $57,148 - $56,045 zone for a potential long position setup. If the price plummets below $55,500, itβs time to rethink your strategy.
Price Targets:
Await confirmation before setting targets. Initial target could be $58,800, followed by $60,000 if momentum is strong.