LIVETechnician
@Technician
Fascinated by drawing lines | Meme Lord | TWITTER @tamngwab | share with you technical trading tricks | I like my own feeds | BREAKOUT AND PRICE ACTION TRADER.
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Alien World Holders, be prepared for massive explosion as $TLM / $BTC looks super ready for take off 🚀
$BTC UPDATE
Price back inside wedge pattern and I’m now expecting a correction back to 44400 which is now acting as a resistant area.
Price back inside wedge pattern and I’m now expecting a correction back to 44400 which is now acting as a resistant area.
The impressive performance of #Bitcoin , with six consecutive weekly green candle closes, has significantly diminished my hopes of witnessing a return to the $20,000 mark. However, I now view every dip in the market as a favorable opportunity to enter or increase my position.
#BTC #etf #RichardTeng
#BTC #etf #RichardTeng
LINA Middle range play and it is not good for trading.
Wait and buy at the green zone.
#LINA #BTC #RichardTeng
Wait and buy at the green zone.
#LINA #BTC #RichardTeng
Today, we'll focus on DXY's weekly and daily crucial local support levels at $103.650 and $102.855. A potential rebound from these levels could initiate a correction towards $104.9.
It's worth noting that such a bounce might trigger corrections in both the stock market and possibly the cryptocurrency market.
Numerous gaps need closing across various indices pairs.
Considering short positions in the stock market starting next week Tuesday seems like a good strategic move.
#BTC #ETH #DXY
It's worth noting that such a bounce might trigger corrections in both the stock market and possibly the cryptocurrency market.
Numerous gaps need closing across various indices pairs.
Considering short positions in the stock market starting next week Tuesday seems like a good strategic move.
#BTC #ETH #DXY
BITCOIN BULL ANALYSIS.
The current BTC price is at a critical juncture. Bulls could potentially drive it to the range of 48k-50k before a correction to 36k-32k.
Also,Market makers may seek liquidity around 31.5k-31k before pushing the price higher.
As a trader, I plan to await a potential bear trap at 31k before considering any buy positions.
ZOOM THE CHART FOR BETTER UNDERSTANDING✌🏽
#BTC #AVAX #ETH #WhaleAlert $BTC
The current BTC price is at a critical juncture. Bulls could potentially drive it to the range of 48k-50k before a correction to 36k-32k.
Also,Market makers may seek liquidity around 31.5k-31k before pushing the price higher.
As a trader, I plan to await a potential bear trap at 31k before considering any buy positions.
ZOOM THE CHART FOR BETTER UNDERSTANDING✌🏽
#BTC #AVAX #ETH #WhaleAlert $BTC
Bitcoin cash short analysis.
Weekly time frame shows us a rejection at resistant level which then let to an accumulation phase where a rising wedge pattern was form.
Upon close examination of the daily timeframe, a potential breakdown of the local rising wedge pattern suggests more downside, indicating a favorable opportunity for a short position.
The highlighted green zones, on the other hand, serve as favorable areas for initiating buy positions.
#bchusdt #BTC $BCH
Weekly time frame shows us a rejection at resistant level which then let to an accumulation phase where a rising wedge pattern was form.
Upon close examination of the daily timeframe, a potential breakdown of the local rising wedge pattern suggests more downside, indicating a favorable opportunity for a short position.
The highlighted green zones, on the other hand, serve as favorable areas for initiating buy positions.
#bchusdt #BTC $BCH
Breaking: Reason’s why SEC delays Global X’s spot #Bitcoin ETF application.
SECURITIES AND EXCHANGE COMMISSION(Release No. 34-98981; File No. SR-CboeBZX-2023-058)November 17, 2023Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to List and Trade Shares of the Global X Bitcoin Trust under BZX Rule 14.11(e)(4), Commodity-Based Trust SharesOn August 4, 2023, Cboe BZX Exchange, Inc. (*BZX" or "Exchange*) filed with theSecurities and Exchange Commission ("Commission"), pursuant to Section 19(b)(1) of theSecurities Exchange Act of 1934 ("Act')' and Rule 196-4 thereunder,? a proposed rule change tolist and trade shares ("Shares") of the Global X Bitcoin Trust ("Trust") under BZX Rule14.11(e)(4), Commodity-Based Trust Shares. The proposed rule change was published for comment in the Federal Register on August 23, 2023.3On September 26, 2023, pursuant to Section 19(b)(2) of the Act,* the Commissiondesignated a longer period within which to approve the proposed rule change, disapprove theproposed rule change, or institute proceedings to determine whether to disapprove the proposedrule change. This order institutes proceedings under Section 19(b)(2)(B) of the Act° todetermine whether to approve or disapprove the proposed rule change.
