Edwin
@8186.bsky.social
Very busy… @8186
Trend charting as a pastime.
TradingView.com/u/bit2bit/
.
Trend charting as a pastime.
TradingView.com/u/bit2bit/
.
Summary: The chart indicates a potential bull market if Bitcoin breaks above the $108,353 ATH resistance with strong volume confirmation. Divergence with MACD and solid support levels add to the bullish case. Any significant market news, such as Trump’s inauguration, could catalyze this move.
January 17, 2025 at 10:21 AM
Summary: The chart indicates a potential bull market if Bitcoin breaks above the $108,353 ATH resistance with strong volume confirmation. Divergence with MACD and solid support levels add to the bullish case. Any significant market news, such as Trump’s inauguration, could catalyze this move.
• Historically, Bitcoin often reacts positively to uncertainty or economic policy changes, which may align with potential government actions during inauguration periods.
January 17, 2025 at 10:21 AM
• Historically, Bitcoin often reacts positively to uncertainty or economic policy changes, which may align with potential government actions during inauguration periods.
If you’re connecting this analysis to the inauguration (assuming significant policy or market sentiment shifts associated with the event):
• Market anticipation could drive speculative bullish momentum if policies or sentiments are perceived as favorable for Bitcoin or the crypto market overall.
• Market anticipation could drive speculative bullish momentum if policies or sentiments are perceived as favorable for Bitcoin or the crypto market overall.
January 17, 2025 at 10:20 AM
If you’re connecting this analysis to the inauguration (assuming significant policy or market sentiment shifts associated with the event):
• Market anticipation could drive speculative bullish momentum if policies or sentiments are perceived as favorable for Bitcoin or the crypto market overall.
• Market anticipation could drive speculative bullish momentum if policies or sentiments are perceived as favorable for Bitcoin or the crypto market overall.
2. Highlighted Area (Target Buy Range):
• A specific zone is marked between 2,470 and 2,530, suggested as the ideal buying range. This is where the price is expected to retrace to a stronger support level.
• A specific zone is marked between 2,470 and 2,530, suggested as the ideal buying range. This is where the price is expected to retrace to a stronger support level.
December 26, 2024 at 9:43 AM
2. Highlighted Area (Target Buy Range):
• A specific zone is marked between 2,470 and 2,530, suggested as the ideal buying range. This is where the price is expected to retrace to a stronger support level.
• A specific zone is marked between 2,470 and 2,530, suggested as the ideal buying range. This is where the price is expected to retrace to a stronger support level.
The chart shows THETA/USDT on a daily timeframe with key support levels at 1.715 and 1.742. Price is 2.244, down 5.16%. Volume profile highlights significant activity near support zones.
December 26, 2024 at 7:35 AM
The chart shows THETA/USDT on a daily timeframe with key support levels at 1.715 and 1.742. Price is 2.244, down 5.16%. Volume profile highlights significant activity near support zones.
Trend Context:
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
December 25, 2024 at 3:13 AM
Trend Context:
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
3. Fair Value Gap (FVG):
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
December 25, 2024 at 3:13 AM
3. Fair Value Gap (FVG):
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
2. Key Support Zones:
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
December 25, 2024 at 3:13 AM
2. Key Support Zones:
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
Price Action:
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.
December 25, 2024 at 3:13 AM
Price Action:
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.