Crypto News & Trading Strategies
Bears Gaining Strength: A Plausible 30 Day Outlook Recent Market Activity and Sentiment Bitcoin has seen a mix of bullish and bearish signals over the past few weeks, making its near-term future a topic of intense speculation among traders and analysts. As of the latest technical analysis and market indicators, here’s an in-depth look at … Read more
In the four-hour timeframe, Bitcoin is still showing a bearish trend, with the 50-day moving average trending downward, and the trend is still ranging. Moving Average Analysis In the four-hour timeframe, Bitcoin is still showing a bearish trend, with the 50-day moving average trending downward. The 200-day moving average has also been on a downward … Read more
Bitcoin trying to find support on the 4H timeframe moves above the 50 MA while also moving above the Ichimoku cloud. Its commodity Chanel index (CCI) of 14 and 50 are both above level 0. Apparently, a good sign for reversal-finders on the 4H chart, but on 1D and 1W, the sign is still down … Read more
Bitcoin, having made a double top on the weekly chart, is ranging on the 1D cart. If statistics are any indicator, the weekly trend is down. But the daily chart is ranging. Tomorrow may tell which direction the currency will roll. Today, far and wide, there is no sign of a trade. Bitcoin 9 July … Read more
Start of the week. July 8, 2024 Only the 1H trend is up out of all the big trends. We wait for a further rise in price to confirm the uptrend, and then for a dip/retracement for the Limit Order buy entry. There is no point in rushing to trade. Bitcoin on MT4 1H Chart … Read more
Start of the week. July 8, 2024 Only the 1H trend is up out of all the big trends. We wait for a further rise in price to confirm the uptrend, and then for a dip/retracement for the Limit Order buy entry. There is no win in rushing to trade. Bitcoin 4H Chart 8 July, … Read more
Bitcoin is in a rate-fall situation. There are many gains to be made in trend reversal and retracement situations. I will look for a buy trade setup on Monday with a limit order.