Coin Aquarium
Coin Aquarium @Coin_Aquarium
##BTCUSDT 4H idea.

$BTC’s current price is at $35178.91 as of this posting. The trading volume over the last 4 hours has been relatively low, with the current volume at 3,041. ATR is quite high at 400.6042, indicating high volatility.

TECHNICALS:

• The OBV shows positive accumulation, with the most recent OBV at 69.4K, indicating buying pressure.

• RSI is at 51.92, suggesting a relatively neutral sentiment in the market.

• MFI is at 55.25, indicating a moderate level of buying pressure but not in overbought conditions.

• CCI is at -19.30, indicating a lack of a strong bullish or bearish sentiment.

• WR% is at -51.00, suggesting the market is not in oversold or overbought conditions.

• ADX is at 16.31, indicating a relatively weak trend in the market.

MOMENTUM:

• Price is above the SMA, indicating a bullish trend.

• ADI -DI is greater than +DI, indicating a bearish sentiment.

• MACD is in a bearish configuration, suggesting potential downward momentum.

• PSAR is in a bearish configuration, signaling a potential bearish trend.

SUPPORT AND RESISTANCE LEVELS:

Key support level is at $35057.55, while key resistance level to watch is at $35351.91.

OVERALL CHART BIAS:

The 4H frame of $BTC based on the technical indicators, in my opinion, is showing mixed sentiments with a slightly bullish side.

Clearly it has broken out of the VAH and is now trying to test its 62% key resistance trendline, wherein earlier it was rejected.

A successful breakout from this point could send it breaking the 75% key resistance trendline and try breaking the recent HH to finally touch the $36k zone.
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D idea.

The current price of BTCUSDT is $34158.78, and the ATR is 1054.6429, indicating very high volatility.

TECHNICALS:

• OBV has shown some fluctuations, with the latest reading at 62.3K. This suggests some inconsistency in trading volumes, with the potential for accumulation.

• RSI is at 82.59, indicating that BTC is in an overbought condition. This suggests potential for a reversal or consolidation.

• MFI is at 83.22, in the overbought region, indicating strong buying pressure.

• CCI is at 78.98, suggesting an uptrend, although it's not in the overbought territory.

• WR% is at -34.84, which is not in the oversold or overbought territory.

• ADX is at 52.84, indicating a strong trend.

MOMENTUM:

• Price is above the SMA, indicating a bullish trend.

• ADI suggests a bullish sign with +DI greater than -DI.

• MACD is bullish, suggesting upward momentum.

• PSAR is bullish, supporting the bullish trend.

SUPPORT AND RESISTANCE LEVELS:

Current support stands at $33069.99, while strong resistance is situated at $34,525.89.

OVERALL MARKET BIAS:

In my honest opinion, $BTC has been on an impressive bullish run. However, it's essential to note that it is in overbought territory, indicating a potential for a reversal or consolidation is imminent.

Pulling out the FRVP, it is evident that currently it is sideways, trading within the POC and VAH. In the event that it bounces successfully from the current POC, market will have a chance to break the 62% key resistance level.
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D quick update.

From the pump it has made last Monday, $BTC is now trying to equal its local high at $30720.

Earlier, we have seen market trying to test and mitigate the OB but has seen a rejection.

I think we'll be taking a dive again now before testing again the mitigation.

I see a possible retrace somewhere $29500 area, but could fall even further as low as $28500.

But in macro view, I am bullish on BTC and it is evident now as it is way up above its EMA200 in the dailies.

One thing that is concerning here is that HARSI has entered overbought zone, which could potentially lead to the retracement that I am expecting as of now.

Nonetheless, it is still advised to never use high margin + high leverage when trading volatile coin, especially now that Bitcoin has been hit with the volatility bug.

#crypto2023 #Binance #BTC
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D update.
It's been a rollercoaster 24-hour experience for traders as we witnessed $BTC and majority of the crypto market pump because of a fake post.
Bitcoin skyrocketed from 27800-ish to 30720 in just a matter of minutes, breaking the triangle pattern in the process, which I have been monitoring for the past few days.
Now, this is where my sentiment shifts to bullish side.
I see the MACD golden cross happening above the median before it even touched it.
I also see good indication of strong buying pressure from the HARSI.
Nonetheless, the mitigation of the upper OB is what I am waiting for. A close above $29274.5 can send market to retest the previous high at $31850. That'll be, to me, the deciding point when bitcoin turns bullish, or will this be another capitulation of the bulls from a massive trap and see Bitcoin again below the $20000 zone.
#crypto2023 #Binance #BTC
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D quick update.

$BTC somehow trying to break the triangle pattern in the upward directive.

I believe if its daily candle closes outside of the triangle and holds, next target to test is around $28600.

Worth noticing too here is the MACD as it is above its median, and now the lines are showing signs of an impending golden cross. If this does push through, it is very bullish in my opinion since the golden cross will happen even before a histogram touch and before a bearish crossover could ever occur.

HARSI also looking strong with that big bullish candle penetrating its median.
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D update.

Less than 2 hours from its daily & weekly closing as of this posting, $BTC to me looks good on the bullish side.

If market somehow holds it above the EMA200, specifically at $27200-27300 range, that will really shift my sentiment to the bull's side.

Evidently, it is trading above the VAH from the FRVP measurement from its $15k dump, and is also above its EMA200.

If by chance bulls gain momentum and break the 50% key resistance level, I see an impending revisit to the $30k area.

MACD histogram showing signs of weakening selling pressure, lines also trying to show a curve possibly hinting to a golden cross for the reversal.

HARSI gave a bullish candle and is now trying to cross again its median.

If $BTC reenters the 38% Fib level, let's see how the bulls and bears fight it out again for domination.

#crypto2023
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D quick update.

Price still yet to break from its triangle pattern. The OBs are acting as strong support & resistance.

If ever $BTC starts trying to mitigate the lower OB, it might see a bounce from the trendline.

Another variable making me lean towards the bearish side is the median line as market has been trading below it for the 3rd straight day, yet the color has not yet changed from peach to yellow. In the event that it turns yellow, I assume a strong selling pressure on the go and $26534 will likely be the next pivot for the bears to try and break.

MACD still yet to cross median line, still prone to a bear trap.

HARSI has gone below the median but still floating near it.
#crypto2023 #crypto #cryptocurrency #Binance #BTC
Coin Aquarium
Coin Aquarium @Coin_Aquarium
#BTCUSDT 1D idea.

Seeing a crucial squeeze right now as it is nearing the tip of a triangle pattern.

My bias with $BTC is bearish, I think it will dump as currently it has gone below its EMA200.

Currently it is being sandwiched between order blocks. Price cannot try and break the 62% key resistance level as the current upper OB is acting as a strong resistance zone.

I also spotted a bullish ABCD pattern, with harmonic D-leg possibly forming as price retraces on the Fib's 79% level.

MACD-wise, it has death crossed but still way up above the midline, so it'll take so much selling pressure to send it down.
Viccrypto
Viccrypto @Viccrypto
Bitcoin đối mặt với chỉ số CPI tăng cao
Các nhà phân tích Bitcoin tiếp tục ám chỉ rằng CPI kết hợp với dữ liệu vĩ mô cao hơn dự đoán, điều này không có lợi cho việc tăng giá BTC. Mục lục bài viết Giá BTC phản ứng khi CPI vượt dự đoánCác nhà phân tích bình luận về Bitcoin và vĩ mô...
CryptoPM
CryptoPM @CryptoPM
BINANCE BUY ALERT⚠

#BTS | Volume spike (USDT PAIR)

31 times the average volume

128.48K USDT traded in 15 min

└Buying vol: 77.97K USDT 🟢

Boost score: 4/10

24h Vol: 393.43K USDT (Binance (https://www.binance.com/en/trade/BTS_USDT))

Price: 0.00936 (+5.4% in 24h)

$BTS #BITSHARE #BTCUSDT