We can see on Monday 23rd 2024 during nyse hours, after a bitcoin drop, BTC was ranging between 92.6 and 96k.
We can also see that during this range TOTAL3 (alts) broke range structure decisively to the upside signaling a bottom with a bullish increase of 3.25% within an hour (something that a day later would propel bitcoin to break its range up to 99k so far).
The TOTAL3 rise was also precipitated by a BTC.D -2% perpendicular drop within a timespan of 9 hours, that would later culminate in TOTAL3 rise exactly around BTC.D Pivot.
*Note that BTC drops in price usually go hand in hand with a rise of BTC.D not a drop of BTC.D, adding to the number of anomalies that were present in the Price Action at the time.
We can thus use TOTAL3 to assist us in bias confirmations as it measures investors overall confidence in the ecosystem onto our toolbox indicators.
We can thus also use BTC.D drops in timing TOTAL3 rises.
As in all in trading everything is fallible prone, and should be used with corresponding precautions.
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Bitcoin / TetherUS PERPETUAL CONTRACT
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Euro / U.S. Dollar
Price declined a little from the resistance level of 1.04390 if we’d see buyers bounce back to that price level. Buyers may ride the price to a level of 1.05233
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XVG for the meme
its one of few ISO20022 compliant coins.
hasn’t really moved all that much compared to the others out there.
actual target is 3.2ish cents
best case scenario (realistically) – 7.6ish cents -
STRONG BUY
simple basic analysis ICT concepts included make the best of your knowledge and share what you think is going to happen we’re all in this together lets do it TOGEATHER ! > God Bless
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Ethereum Classic / TetherUS
In the daily time ETC couldn’t break the resistance so i think its going to down till support
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New Zealand Dollar / U.S. Dollar
Hey Traders, in today’s trading session we are monitoring NZDUSD for a buying opportunity around 0.56300 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.56300 support and resistance area.
Trade safe, Joe. -
XRP / TetherUS
XRP had a BULISH pattern which pointed on chart and whenever its completed XRP began New bullish rally