Bitcoin is now trading close to the $91,500 Daily resistance target area although today it closed a bit bearish which is normal during the weekend. We have to wait for more healthy candles to get a bias. A move above the $91,500 resistance will lead to a rally towards the historical Daily target at $100,000 and higher. Further weakness in the upcoming week can lead to a decline towards $82,000. Whatever Bitcoin does most altcoins will follow that tomorrow. More weakness from BTC.D will help altcoins to get more strength and help to get a bullish rally. I will pay more attention to the intraday chart tomorrow to get more trade opportunities. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/18/2024, 1:56:09 AM
DXY closed indecisively on Friday and we should see a further bullish outcome from this location towards 108.00 although a pullback can also take place at any given moment. The current rally is coming from Trump’s victory. Whatever DXY does, the rest of the market will follow that sentiment from this location. I expect higher volatility although most of the volatility will come from technical chart development. I will be more focused on getting quick scalp opportunities in the upcoming week. Read the Weekly Forex Technicals on Twitter and let me know if you have any questions.
11/18/2024, 1:13:06 AM
Bitcoin is now trading close to the $91,500 Daily resistance target area, a successful bullish breakout and holding above will offer a bullish rally towards $100,000 or higher. Such a move will be historical for the whole Crypto market. A move like that will also help to get attraction in altcoins. Whatever Bitcoin does most altcoins will follow tomorrow during the Weekly transition. More weakness from BTC.D will help altcoins to get more strength and have a bullish rally. I will pay more attention to the intraday chart tomorrow to get the next trade once our current trades are secured. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/17/2024, 12:54:41 AM
Bitcoin hit the $91,500 Daily resistance target area and closed slightly bearish. One more bearish Daily candle will offer a further decline towards the $82,000 support target area but a bullish move above $91,500 tomorrow will lead to a quick rally towards the $100,000 resistance target. Whatever Bitcoin does most altcoins will follow that although now BTC.D is more important for altcoins. I will pay more attention to the intraday chart tomorrow to get the next trade once our current trade is secured. The Weekly closing in the traditional market will be a big deal and will drive most intraday volatility. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/15/2024, 1:48:50 AM
DXY closed bullish today and is now heading towards the 107.30 resistance area. I expect a pullback from this resistance target area. 104.90 is the main support target from this location. Whatever DXY does most financial assets will follow that although getting the Weekly closing will be the main event tomorrow. I will pay close attention to the intraday chart formation to get more trade opportunities. Read the Daily Forex Technicals on Twitter and let me know if you have any questions.
11/15/2024, 1:17:07 AM
Bitcoin hit the $91,500 Daily resistance target area, the next move will be significant. A strong breakout of $91,500 and holding above will open a new door for Bitcoin and we should see $100,000 next from such an outcome but a healthy rejection can offer a decline towards the $82,000 support target. I will pay more attention to the intraday chart tomorrow to get the next trade as our last trade already hit full target. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/14/2024, 1:57:31 AM
Bitcoin Market Update:
🚨 Last night during weekly transition Bitcoin made a new all time high and by doing so it smashed our full TP of the zero drawdown sniper from bottom, this is a taste of what’s to come.. keep up the hard work 🪄
Bitcoin and BTC.D are both now trading green and can move in either ways.
BTC.D is having a pullback of its Bearish Engulfing weekly candle soon we should get more weakness 🔑
Bitcoin is now trading at $82,000 key WZRD resistance which is great news and we already traded the move. However, now anything is possible 👀
⚠️ Bitcoin spiked up extremely fast already and it can keep doing so but rational chart formation would be getting a pullback at some point 🤔 A healthy bullish breakout above however can offer a rally towards $91,500 very quickly 📈
Intraday:
The intraday chart is choppy and teasing $81,500 (POI) WZRD resistance area.
I have been talking about this major resistance for the last week, we need a solid chart structure, a simple breakout in the lower time frame is not good enough due to the Daily conflict.
1️⃣ I will be carefully monitoring the market and will be looking to get the next trade if I see there is enough bullish momentum - Blue WZRD Projection 🚀
2️⃣ On the other hand, a rejection here could trigger a downside move to $78,500 (POI) which is the main support, entirely healthy - Red WZRD Projection 🩸
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11/11/2024, 1:13:11 PM
Bitcoin closed bullish today and the next move from this region will be very important. $82,000 is a major resistance target, a bullish breakout of that will offer stronger upside momentum but a pullback can offer a decline towards $73,000. Trump’s victory is the real deal now although we need to observe how it impacts the market in the upcoming week. I will pay more attention to the intraday chart tomorrow to get the next trade as our last trade already hit its full target. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/11/2024, 2:27:11 AM
DXY closed bullish in the Weekly chart and the overall sentiment from DXY is now bullish, we need to wait for a further bullish outcome from this region. A successful bullish breakout of this resistance area will offer a bullish move towards 107.30 and higher. A healthy move below can lead to further weakness towards 102.50 or lower. We will face the US CPI data in the upcoming week which will cause higher volatility. I will be more focused on getting quick scalp opportunities in the upcoming week. Read the Daily Forex Technicals on Twitter and let me know if you have any questions.
11/11/2024, 2:01:03 AM
Bitcoin closed indecisively today but it is all about the Weekly candle tomorrow. So far the Weekly candle is strongly bullish and we are going to get the highest-ever Weekly closing tomorrow unless something dramatic happens. Trump winning is the real deal now for the market. We should see a further bullish outcome in the near future towards $82,000. I will pay more attention to the intraday chart tomorrow to get the next trade once our current position is secured. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/10/2024, 1:42:40 AM
Bitcoin closed indecisively today although it is still holding the primary gain it got from Trump’s win. We should see a further bullish outcome in the near future towards $82,000. Today it was all about the traditional Weekly closing and the Weekly candle closed the highest in its history. We are now heading into the weekend where my expectations will remain rational. I will pay more attention to the intraday chart tomorrow to get the next trade once our current position is secured. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/9/2024, 12:57:15 AM
Bitcoin closed indecisively today although it is still holding the gain it got yesterday from Trump’s win. We should see more bullish outcomes in the near future. Bitcoin remaining bullish will help altcoins to push higher as BTC.D is finally declining. I will pay more attention to the intraday chart tomorrow to get the next trade. I will be paying close attention to the intraday chart tomorrow to get more trades. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/8/2024, 1:37:44 AM
DXY closed bearish today and is now trading below the 104.90 resistance target, further weakness is very likely as the FED was relatively dovish today and we should see more rate cuts and market easing in the near future. 102.50 is the main support target although tomorrow it will be all about the Weekly transition. Any major comments from FOMC members tomorrow can also cause some volatility. I will pay close attention to the intraday chart formation to get more trade opportunities. Read the Daily Forex Technicals on Twitter and let me know if you have any questions.
11/8/2024, 12:29:20 AM
Bitcoin closed strongly bullish as it got an immediate spike from Trump winning. Now Bitcoin is trading above the $73,000 key resistance target, we should see more bullish moves from this region tomorrow. The FOMC event tomorrow will also have a major impact on the market. We also need weakness from BTC.D to get higher volatility from altcoins. Whatever Bitcoin does most altcoins will follow that sentiment in the lower time frame. I will be paying close attention to the intraday chart tomorrow to get more trades. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/7/2024, 2:02:56 AM
DXY closed strongly bullish and most of the move took place very quickly once the market confirmed Trump’s victory. The FED will take care of the market from this location especially if we see a 50 bps rate cut as that will cause high volatility in DXY. A hard rejection will offer a further decline towards 102.50 although we need to wait for the FED now. I will pay close attention to the intraday chart formation to get more trade opportunities. Read the Daily Forex Technicals on Twitter and let me know if you have any questions.
11/7/2024, 1:29:54 AM
Bitcoin Market Update:
Congratulations, Bitcoin hit a new all time in November after over 8 months of consolidation… this comes as no surprise given I called it in advance, and relentlessly bull posted some of the best charts out there… WE WON 😏 🏆
⚠️ Bitcoin is now trading bullish and teasing $73,000 Daily WZRD Resistance area. A bullish breakout of that and holding above will push Bitcoin towards $82,000 resistance area 📈
Bitcoin made a new all-time high as mentioned above and we should see more bullish pressure, Trump’s win is going to make the liquidity coming in the upcoming FED easing cycle help the crypto market to push much higher than it would otherwise ⛽️
I will be monitoring the lower time frame more closely to get the next trade opportunity.
Intraday:
The intraday chart is trading volatile.
1️⃣ A pullback to $71,900 WZRD support and getting a reversal will offer a long towards $75,000 (POI) and much higher - Blue Dotted WZRD Projection 🚀
2️⃣ Above $75,000 (POI) we will get a more quick bullish outcome and a direct long will occur - Blue Solid WZRD Projection 🧑🏻🚀
Trade position setups have been provided for the above with all necessary information including Entry, Targets, Stop Loss, RR & Criteria to take the trade.
3️⃣ Below $71,900 (POI) Bitcoin can lead to more sideways volatility for a while before we get further upside move 🤔
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11/6/2024, 1:44:30 PM
Bitcoin Market Update:
Bitcoin is now moving bullish while BTC.D is teasing the Daily Ascending Channel as a Doji, the next move from its current location will be very important as it will dictate altcoins.
⚠️ Bitcoin is now teasing the lower high Daily trendline, a successful bullish reversal will offer a rally towards $73,000 or higher 📈 $60,000 is the main Daily WZRD Support but the next move will come from the US election result 👀
We need to wait for that to come, in between we will get sudden volatility depending on the poll results and rumors.
🔮 If Trump loses we can get a quick dip for a few days and if he wins we can see an immediate rally which should last a week or so from this zone, though a Harris win will lead to a correction.
However, no matter who wins the economic projection of the FED is not going to change, the debt crisis in the US is not going to change but rather it is going to get far worse. The world’s money printing season will be on no matter what 💰
I will be monitoring the lower time frame more closely to get the next trade opportunity.
Intraday:
The intraday chart is trading choppy.
1️⃣ A pullback below $68,350 (POI) support area followed by a rejection will offer a long towards $71,900 (POI) - Blue WZRD Projection 🚀
2️⃣ Below we will get a further decline towards $66,500 but that will come from the US election outcome - Red WZRD Projection 🩸
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11/5/2024, 12:55:54 PM
Bitcoin closed bearish although anything is possible from this zone. It is now teasing the descending channel trendline as projected, a bullish reversal and moving above $73,000 will result in a quick bullish rally in Bitcoin. However, anything is possible as the next move will rely on the US Election outcome. Whatever Bitcoin does most altcoins will follow that too. Geopolitics will play a major role in Bitcoin in the next few days until we get the FOMC event from the FED. I will be paying close attention to the intraday chart tomorrow to get more trades. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/5/2024, 2:08:55 AM
DXY closed bearish today and it can move on either side from the current location. A move below 102.50 should lead to a further decline towards 100.60 but above 104.90 is a bullish zone. Whatever DXY does most financial assets will follow, although tomorrow the US election will cause high volatility and anything can happen from the poll outcome. We will have to wait for the data to come. I will pay close attention to the intraday chart formation to get more trade opportunities. Read the Daily Forex Technicals on Twitter and let me know if you have any questions.
11/5/2024, 1:10:52 AM
Bitcoin closed indecisively today although it will be all about the Weekly transition tomorrow. A breakout above the $73,000 resistance target should trigger a rally towards $82,000 and higher. A re-test of the lower high trendline of the descending channel is still a possibility although not required to become bullish. The US election and geopolitics will play a major role in Bitcoin in the next few days. Whatever Bitcoin does most altcoins will follow that tomorrow. I will be paying close attention to the intraday chart tomorrow to get more trades. We also need weakness from BTC.D to get the next impulses from altcoins. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
11/3/2024, 12:55:44 AM