Trading Edge
BTCUSD Price bounces off lower triangle boundary https://www.tradingview.com/x/3PsvD6P8/
$BTCUSD Triangle is about to end and we expect a big breakout soon.
https://www.tradingview.com/x/ORl28kZc/
https://www.tradingview.com/x/ORl28kZc/
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TradingView Chart
$ETHUSD breaks out of downtrend, surges past BTC, and breaks through triangle pattern with bullish momentum.
https://www.tradingview.com/x/UJ5uvWa4/
https://www.tradingview.com/x/UJ5uvWa4/
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COINBASE:ETHUSD Chart Image by aappoolloo
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$BTCUSD Market broke down from the triangle. Expect volatility towards the downside for the next few weeks. A possible retest of the triangle short term before the downside
https://www.tradingview.com/x/PJWIjtH2/
https://www.tradingview.com/x/PJWIjtH2/
TradingView
TradingView Chart
Trading Edge
$BTCUSD Market broke down from the triangle. Expect volatility towards the downside for the next few weeks. A possible retest of the triangle short term before the downside https://www.tradingview.com/x/PJWIjtH2/
$BTCUSD
The market is weak and we did not get the triangle retest. Expect more downside as long as we are below this trendline.
https://www.tradingview.com/x/U1BZ7Y9A/
The market is weak and we did not get the triangle retest. Expect more downside as long as we are below this trendline.
https://www.tradingview.com/x/U1BZ7Y9A/
TradingView
TradingView Chart
Possible breakdown from this rising wedge soon on Gold
https://www.tradingview.com/x/MiszMbrw/
https://www.tradingview.com/x/MiszMbrw/
TradingView
TradingView Chart
Trading Edge
$BTCUSD The market is weak and we did not get the triangle retest. Expect more downside as long as we are below this trendline. https://www.tradingview.com/x/U1BZ7Y9A/
$BTCUSD Brokeout of our triangle and here comes our triangle retest
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Trading Edge
$BTCUSD Brokeout of our triangle and here comes our triangle retest
We finally got the failed triangle retest and broke down. As expected we should see more downside for the next few weeks.
Trading Edge
BTCUSD Possible 29800 retest and rejection https://www.tradingview.com/x/vMU3JR76/
$BTCUSD Finally broke down our yearly pivot. We still expect further downside for the next few weeks
https://www.tradingview.com/x/I8WJRKsX/
https://www.tradingview.com/x/I8WJRKsX/
TradingView
TradingView Chart
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$BTCUSD Market is holding and we may see a possible move up. Bears looks like they are running out of strength.
https://www.tradingview.com/x/V8FIqzy5/
https://www.tradingview.com/x/V8FIqzy5/
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TradingView Chart
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Total crypto volume traded at under 30b for most of last week, extremely low for a bear market. low volume means unstable market conditions, if a big dump occurs there won't be volume to buy it up.
$IDUSDT - The recent break of a 5-month downslope trend with the help of daily bullish divergence suggests a potential swing trade opportunity. Look for a pullback entry with a favorable R:R.
https://www.tradingview.com/x/6iIIxh0D/
https://www.tradingview.com/x/6iIIxh0D/
TradingView
BINANCE:IDUSDT Chart Image by aappoolloo
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State Of The Market-
Whenever $BTC regains its position above the 100-weekly moving average, it consistently experiences significant surges. Notable instances include a 5,000% increase in 2015, which reached an all-time high in 2017, a 100% increase in 2019, and an 800% increase in 2020, which also reached an all-time high in 2021.
Today, $BTC has made a significant move by crossing above three major moving averages in the weekly time frame, marking a pivotal moment. For a year and a half, the 100-weekly moving average had been above the price, indicating a market downtrend. However, this has changed as the price has now risen above it, confirming a major shift in the overall trend.
Whenever $BTC regains its position above the 100-weekly moving average, it consistently experiences significant surges. Notable instances include a 5,000% increase in 2015, which reached an all-time high in 2017, a 100% increase in 2019, and an 800% increase in 2020, which also reached an all-time high in 2021.
Today, $BTC has made a significant move by crossing above three major moving averages in the weekly time frame, marking a pivotal moment. For a year and a half, the 100-weekly moving average had been above the price, indicating a market downtrend. However, this has changed as the price has now risen above it, confirming a major shift in the overall trend.
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