#Crypto Technical Analysis

[futurancepro]

What’s the greatest technique to make use of when investing in cryptocurrency?

Hundreds of digital currencies have entered the market over the previous ten years, and a few, like Bitcoin and Ethereum, have shortly risen to turn into well-known manufacturers.

However in reality, not all cryptocurrencies are made equal. It is essential that you simply comprehend each the dangers and the potential concerned with investing in cryptocurrencies as a result of a few of their costs have proven to be fairly unpredictable.

To be able to put money into cryptocurrency in a means that matches your danger tolerance, it’s extra important than ever to know the basic investing strategies for cryptocurrencies.

Traders discover it difficult to carry onto their very beneficial belongings in risky marketplaces just like the cryptocurrency market the place victories might shortly flip into losses. So how can a cryptocurrency investor make sure that their funding solely generates earnings?

continue reading in futurancepro.com

[r22o25l]

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[candlestickspot]

Bearish Engulfing pattern can result in uptrend ! When and How?

The above chart is a perfect example for a bearish engulfing pattern to act as a bullish trend reversal.This happens when bearish engulfing pattern occurs in the end of downtrend.

Click here to learn more about this in detail.

[dealfindr]

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[seripatreon]

Bitcoin on 3/23 ⭐

Today we had a Rebound towards $28,500. But overall we're making a dowtrend in the daily buying strength (RSI), so a correction to $26,000s is likely in the coming days. We're also in a period following a New Moon, which can often be bearish.

My prediction was that we would face strong resistance between $28k and $30K at this time. Due to a conjunction that the New Moon chart of the 21st made with Saturn 🪐

Also, my call out of ~$26,900 ended up being a great entry yesterday.

Conclusion:

Our next target is $27,100 to as low as $25,700. (Anything at or below $26,100 is a steal for April imo)

That's all For Now.

[recentlyheardcom]

Bitcoin Analyst Points To $55,000 As Potential Bottom

Ronaldo is an skilled crypto fanatic devoted to the nascent and ever-evolving business. With over 5 years of intensive analysis and unwavering dedication, he has cultivated a profound curiosity on the planet of cryptocurrencies. Ronaldo’s journey started with a spark of curiosity, which quickly remodeled right into a deep ardour for understanding the intricacies of this groundbreaking…

[faiz-shaikh01]

https://www.worldtradingleagues.com

[tradingdx]

Buy/Sell USDT in INR | How to Buy USDT in India. Easy way to Buy Crypto

[candlestickspot]

WHEN A BEARISH ENGULFING PATTERN IS SIGN OF SIDEWAYS TREND?

A bearish harami can sometimes result in a sideways trend.This happens when the bearish harami takes a form called the high price harami.

[seripatreon]

Bitcoin Astrology 3/9

The Full 🌕 Had Quite the Bearish effect on the price of BTC.

Full Moons tend to be correlated with relative lows in the price.

Saturn is also conjunct ₿'s Venus 🐻

Jupiter is Square to ₿'s Sun 🐻

All three of these transits are exiting 👆

But now we are approaching critical levels of support.

@ ~$21,400 bitcoin.

I'm loading up on Altcoins & ETH at these lows.

Anyway:

My prediction is that Mid to End of March will be much better for Bitcoin.

Because of its bullish March 23rd Lunar Return ✨

The Lunar ascendant is in Sagittarius ♐

Jupiter is conjunct to ₿'s midheaven.

Venus in ₿'s 10th house.

We have yet to have high buy volume candle since January 12th.

If we don't have any strong buyside pressure in the coming days or weeks. This downtrend could continue, and the $25k relief rally could be over.

Volume over 3.5k bitcoin (bitstamp) 👆

I think for the coming days, we will drag sideways from here. And eventually get a bounce from as low as $21,400 bitcoin.

It's important to note we are still in an RSI uptrend since June of 2022! (Higher lows).

Retest of $25k level is still a possibility!

I think that's extremely bullish for the price of Bitcoin.

[recentlyheardcom]

Market Reacts To Powell's Speech

In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s remarks struck a dovish tone, indicating that the central bank is open to further interest…

[dencyemily]

Analyst Decodes Warning Signals in Bitcoin's Rising Wedge Pattern

The ever-evolving cryptocurrency market is once again under scrutiny as Crypto Rover issues a warning about a newly emerging Rising Wedge pattern in Bitcoin's charts, signaling the potential for bearish reversals. The seasoned crypto analyst recently shared detailed insights through tweets and a video, raising concerns among the trading community. The Rising Wedge, characterized by a narrowing range, presents a delicate situation for Bitcoin's current price trend, prompting a careful evaluation of the implications associated with this particular pattern.

In a recently released video, Crypto Rover provides an in-depth exploration of potential price targets linked to the Rising Wedge pattern, offering valuable guidance for traders navigating the volatile landscape of Bitcoin. Crypto Rover emphasizes the urgency of the situation, suggesting that Bitcoin is currently "trapping" its participants. The accompanying video likely delves into the complexities of this trap, shedding light on various scenarios and potential outcomes. As traders navigate the uncertain market conditions, staying well-informed and adopting a cautious approach becomes essential, with the video serving as a valuable resource for understanding the nuances of the prevailing conditions.

As of the latest market data, Bitcoin (BTC) is trading at $42,492.24, indicating a modest 0.81% decrease over the past 24 hours. Bitcoin's dominance in the cryptocurrency market remains unchallenged, holding the top position with a substantial market cap of $832,883,137,100, constituting 0.80% of the total cryptocurrency market cap. Despite the slight decline, Bitcoin continues to exhibit liquidity and sustained interest, securing the second-highest position in terms of trading volume over the last 24 hours, with a trading volume of $24,529,985,321.

While market analysis inherently carries a degree of uncertainty, Crypto Rover's expertise adds credibility to the cautionary signals linked to the Rising Wedge pattern. Traders are advised to exercise prudence and carefully consider the potential bearish implications discussed in the analysis. As the crypto community anticipates potential shifts in the market, a nuanced understanding of technical patterns is crucial. With Bitcoin's price action under scrutiny, informed decision-making remains paramount in navigating the intricacies of the cryptocurrency market.

In conclusion, Crypto Rover's recent warning regarding the emergence of a Rising Wedge pattern in Bitcoin's chart has sparked discussions about potential market implications. Traders are encouraged to explore the details presented in the accompanying video, leveraging the nuanced analysis provided by an experienced expert. As the crypto community grapples with the uncertainty surrounding Bitcoin's trajectory, staying informed and adopting a cautious approach remain imperative for market participants

[mariaaoliveiraa]

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