Charts

bitcoin daily higher bottom?

Bitcoin again at a crossroads: higher low or breakdown to new lows?

After a strong bounce from the return line of the red declining channel, Bitcoin’s recovery hit resistance at the 34-day EMA and the upper boundary of the channel. The price was rejected and is now retracing, currently sitting near the 50% Fibonacci level of the move from $76,615 to $88,750.

bitcoin weekly chart, rsi bouncing

Bitcoin at a Make-or-Break Level: Will History Repeat Itself?

Bitcoin’s weekly chart is flashing an important signal that has historically marked strong reversals. Price has fallen below both the 21-week and 34-week EMAs, but without a bearish crossover between them. Additionally, the RSI is bouncing around the key 45 level, where Bitcoin found support multiple times in the past.

SPX technical analysis

S&P 500 relief rally or more downside ahead?

The S&P 500 (SPX) has been under pressure, dropping from all-time highs as bearish divergences played out. However, reaching a major support level today raises the question: Is there room for a short-term relief rally, or is there more downside ahead?

bitcoin weekly chart

Technical Analysis of Bitcoin Weekly Chart

This weekly bitcoin chart is well-structured, with a clear uptrend, key support/resistance levels, and a recent pullback. Let’s analyze the situation and explore specific trade setups.

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