DXY closed bullish today and is now heading towards the 107.30 resistance target area, the next move should push it higher although anything is possible as DXY already moved plenty bullish with the recent election result. We should start getting a pullback. 107.30 is the next major resistance target. Whatever DXY does, most altcoins will follow. 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.
https://twitter.com/cryptowzrd_
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Bitcoin Market Update:
Bitcoin is currently trading with an indecisive candle, while BTC.D spiked up last night and is now forming a Double top, a pullback from it will be welcomed 👀
Bitcoin is attempting to hold its current gains, which is positive for the market, but a decline in Bitcoin dominance as mentioned above would be favorable.
⚠️ On the Daily timeframe, the main WZRD support level is at $82,000, and WZRD resistance is at $91,500 📈
The US CPI data release today will likely increase volatility. I will be looking for a quick scalp but will wait for stable price action and a better trade location.
Intraday:
The intraday chart is currently choppy and trading within a range.
1️⃣ A re-test of $85,000 (POI) followed by a rejection could lead to a long position toward $90,000 (POI) and higher, though a full re-test is not required 🚀
2️⃣ A direct bullish breakout above $90,000 (POI) would also offer a long opportunity - Blue WZRD Projection 🔥
H1: https://www.tradingview.com/x/BPsTSZ3m/
Daily: https://www.tradingview.com/x/APytg9l9/
BTC.D: https://www.tradingview.com/x/lCmFNuAi/
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DXY closed bullish today and it can push higher from the current location. A bullish move towards the 107.30 resistance target is still a possibility but a reversal from the Trump rally and moving below 104.90 will result in further weakness. DXY should be in charge of the market. Any major comments from FOMC members tomorrow can lead to 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.
https://twitter.com/cryptowzrd_
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Bitcoin closed strongly bullish today and it closed with one of the most bullish Daily candles in the recent history of Bitcoin. Now it is heading towards the $91,500 resistance area, a rejection can lead to a decline and more sideways volatility but anything is possible as the market sentiment is fundamental. Bitcoin’s dominance is rocketing up. It is holding altcoins for now although soon we should get a decline from Bitcoin’s dominance which will offer a big rally in altcoins. I will pay more attention to the intraday chart tomorrow to get the next trade as our last trade in Bitcoin already hit full target. Let me know if you have any questions after reading today’s Crypto Technicals on Twitter.
https://twitter.com/cryptoWZRD_
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 🩸
H1: https://www.tradingview.com/x/xxF3L5Yx/
Daily: https://www.tradingview.com/x/ZcSTLM26/
BTC.D: https://www.tradingview.com/x/E3IV8fZC/
BECOME A MEMBER NOW 👇🧙♂️
⚠️ JOIN: https://cryptowzrd.com
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.
https://twitter.com/cryptoWZRD_
https://twitter.com/cryptowzrd_/status/1855678417502339451?s=46&t=mO_T79iSlz_n3lvHRo2PbA
Читать полностью…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.
https://twitter.com/cryptoWZRD_
https://x.com/cryptowzrd_/status/1855329300737859688?s=46&t=PH1qiPB8ml3b8h87MibuYg
Читать полностью…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.
https://twitter.com/cryptowzrd_
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Bitcoin closed indecisively today and the next move from the current location will be very important. Bitcoin’s dominance will also be important as this is a critical resistance target it is facing. Altcoins will be highly sensitive to Bitcoin’s dominance. $82,000 is the main support target and $91,500 will be the resistance 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.
https://twitter.com/cryptoWZRD_
https://x.com/guidaragiuseppe/status/1856434507496468605?s=46&t=mO_T79iSlz_n3lvHRo2PbA
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DXY closed bullish today and it is now trading above the 104.90 resistance target. We should see a further bullish outcome if Trump's rally remains solid when regular banks open tomorrow. However, a bearish move can lead it further down towards 102.50 or lower. Any major comments from FOMC members tomorrow can lead to 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.
https://twitter.com/cryptowzrd_
https://twitter.com/cryptowzrd_/status/1855702438667338089?s=46&t=mO_T79iSlz_n3lvHRo2PbA
Читать полностью…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.
https://twitter.com/cryptowzrd_
https://x.com/cryptowzrd_/status/1855347614700724641?s=46&t=PH1qiPB8ml3b8h87MibuYg
Читать полностью…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.
https://twitter.com/cryptoWZRD_
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.
https://twitter.com/cryptoWZRD_