Trading Edge
$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/
$BTCUSD On our way to TP1 and possible CME gap fill.
https://www.tradingview.com/x/I0kdfowC/
https://www.tradingview.com/x/I0kdfowC/
TradingView
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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Trading Edge
$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/
$IDUSDT, a remarkable 54% surge in just 5 days. Can it reach the 75% milestone? Either way, I'm fine with it.
https://www.tradingview.com/x/Ecm0gdGB/
https://www.tradingview.com/x/Ecm0gdGB/
TradingView
BINANCE:IDUSDT Chart Image by aappoolloo
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Trading Edge
RENUSDT hits its second target within just 3 days, delivering an impressive 40% surge. Now, our eyes are on the third target. Chart link: Entry | TP1 | TP2 To gain access: Read
Oops. All targets have been successfully reached already
https://www.tradingview.com/x/FE8QWYdl/
https://www.tradingview.com/x/FE8QWYdl/
TradingView
TradingView Chart
BTCUSD 38k-40k is in sight as long as we stay above the channel (36.8k)
https://www.tradingview.com/x/mYEE5Zst/
https://www.tradingview.com/x/mYEE5Zst/
TradingView
TradingView Chart
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Confirmation of a trend reversal hit a few days ago, and currently, we're in the groove of a trending market. All pullbacks are gifts! Welcome them with open arms.
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