Tic tac Description in photo Don't forget support idea
We can see gold accumulated in a range from the past week, where it has been difficult to break above that area. Tomorrow, we've CPI news, and most likely, the price will reach previous lower liquidity zones before jumping to a new ATH or at least close to it.
Range are so clear and looking for breakout or liquidity sweeps, market still need more consolidation.
Bitcoin has been consolidating above the break-out of a massive reverse head and shoulder pattern for numerous weeks as seen on the weekly chart, it is a healthy and normal move for the price to retrace and retest the neckline and find support, coupled with the fair value gaps, Stochastic RSI reset in oversold and a Wyckoff re-accumulation Pattern playing out very nicely on the daily suggests from a technical perspective that BTC is likely to bounce and continue to rally from here - aka the "Spring", this is also an opportunity created by the market makers to shakeout loose hands and for SmartMoney and whales to buy in at heavily marked down prices before the market starts to rally. Of course, there is always a risk to the downside in the short term so manage it wisely, I'm personally a macro trader so longterm bets are bullish, a retracement such as this could be a wonderful opportunity to get some heavily discounted BTC as well as some blue chips! Happy Trading!
Scalping against market sentiment What do you think
Der BTC Kurs scheint so langsam wieder abzudrehen und wieder Richtung Norden zu gehen. Die EW-Zahlung ist in der Grafik eingezeichnet.
Ich erwarte das die NDQ weiter korrigieren wird es wird einen retest nach oben geben ja aber anschließend fallen wir weiter Bitcoin und der ganze Crypto Markt wird darunter leiden dennoch bleibe ich dabei das wir Boden finden werden sobald wir sehen das BTC die 73k erreicht hat. Die NASDAQ könnte noch weiter korrigieren aber da die NASDAQ in Korrektur Phase ist haben wir mehr Liquidität im crypto Markt da viele Trader zu uns rüber kommen weil sie mehr Potenzial im crypto Bereich erkennen und dadurch wird der crypto Markt abgehärtet sein von der NASDAQ wodurch wir weniger runter gezogen werden.
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Bitcoin (BTC/USDT) – Bullish Momentum Towards Resistance Chart Analysis: The price is currently trading at $82,987.41, showing an uptrend. A support level has been identified where price recently bounced. The price is breaking out of an ascending channel, signaling bullish continuation. The next major resistance level is around $86,294.90. A potential pullback to the support area may occur before continuing upward. Forecast: Bullish Scenario: If price holds above the support level and retests successfully, it could continue to $86,294.90. Bearish Scenario: If price falls below the support zone, we might see a retest of lower levels before any upward movement. Conclusion: Short-term Trend: Bullish Key Levels: Support: Around $81,500 - $82,000 Resistance: $86,294.90