Rocket Wallet Signals

[Rocket Wallet Signals @RocketWallet]

https://t.co/TsmCbrS4ig

#BTC

#Bitcoin followed this update at the perfection in higher time frames.

There's nothing to add in the weekly as long as this structure keeps holding with higher highs and lows.

Our spot entries should not get visited again and we may apply the 'comfy in spot' mode from here until we start taking profits.

[Rocket Wallet Signals @RocketWallet]

https://t.co/WPlH9j8aOe

#BTC

We've been in a bearish market structure since March, following the last all-time high (ATH). While this could be an accumulation phase before a move higher, we need to see confirmation with higher lows and higher highs to shift sentiment.

The chart highlights what we need to see in the market to confirm a break of the bearish structure or a bullish accumulation phase.

Bearish Scenario:

https://t.co/dYEXZ9jksY

Using the Line chart (based on weekly closes), we haven’t made a single higher high or low.
This is a red flag for buying dips prematurely, as BTC could drop another 10%, and altcoins might see 20-30% declines before hitting a real bottom.

Conclusion:

#Bitcoin is currently holding at the weekly 13/21 EMA:

-Close above 13/21 EMA = Bullish scenario remains in play.
-Close below 13/21 EMA = Bearish scenario continues.

Note: This analysis is based on the weekly chart and should not be applied to lower time frames.

[Rocket Wallet Signals @RocketWallet]

https://t.co/a498YHFO4L

#BTC

The pump didn't sustain and price retraced below the H4 100SMA.
H4 trend is the point to watch, hold it and we're good to go, breaking it to the downside will open the door for lower levels.

https://t.co/FxlvkgI1PQ ( 1 hour chart )

#Bitcoin was unable to hold above the H1 300SMA.
We can see that a compression started to form in the H1 between the 300SMA and the 100SMA with the 200EMA in the middle.

Conclusion :

-NY session has just started bringing more volume which should help us to know where prices are heading for this weekly open.
-We have the H4 100SMA and H1 300SMA in the same zone making it our must break area.
-Invalidation for bullish thesis is on a loss of the H4 trend.

[Rocket Wallet Signals @RocketWallet]

Giving away few telegram premium in the main channel..

https://t.co/WrJdWEhzdP

#Giveaway

[Rocket Wallet Signals @RocketWallet]

https://t.co/UbmRuWvl9R

#BTC

One month later, we're still having the same fight in the daily chart for #Bitcoin

https://t.co/NalxHhFuQz (H4)

H4 trend remains the key focus, breaking it will send us to the 100SMA - 200EMA region.
I marked out the point where price went below the H4 trend and you can see how it's respecting it from the downside.

[Rocket Wallet Signals @RocketWallet]

https://t.co/zVsWP5ztiF

#BTC

#Bitcoin rejecting from H4 trend, we have the D1 300SMA as important support below with the 51-52K acting as support.

If we lose them we may do business much lower.

( Losing them = Loss of D1 300SMA with a daily close below it, same goes for the support area )

[Rocket Wallet Signals @RocketWallet]

https://t.co/6BSHOZpIik

#BTC

I think that #Bitcoin has reached a local bottom, as long as we don't closse a 30mn or hourly candle below the lows that we've set.

We can try to anticipate a move like this by taking positions with the stop loss below the last lows.

The reaction at the daily 13/21 EMA's will be crucial to know if we're going higher or rejecting and setting a lower high.

If we reject before going to the Daily trend we will most likely go down more or chop at best.

We have a Naked POC at highs 55K, I will bid this area if we get it as there will be almost nothing left below these prices.

[Rocket Wallet Signals @RocketWallet]

https://t.co/4zb7zlfLqa

#BTC

H4 trend catched down with the price on this small range as mentioned yesterday, if 100SMA holds and we fail to reclaim H4 trend we will most likely range in between.

FOMC in less than one hour will for sure resolve this compression.

https://t.co/TFom8iY10t

Low time frames:

In the hourly chart if it wasn't an FOMC day I would take this long in #Bitcoin as I shared yesterday, but in this case we can expect a lot of volatility in both directions so I'll just wait one more hour and see how market digests the info.

[Rocket Wallet Signals @RocketWallet]

https://t.co/nM7aVoIiMJ

#BTC 💰

H4 trend (13/21EMA) held the price during the weekend.
Continuation up as long as it's holding.

[Rocket Wallet Signals @RocketWallet]

https://t.co/0452tfW8uW

#BTC 💰

After the nice entry we catched yesterday on #Bitcoin in our long terms group, we saw prices rising up around mid range.

Hold POC = continuation higher.
Lose POC but hold H4 trend = chop or continuation higher at best.
Lose H4 trend = big chop at best or range lows in the worst case.

Take it level by level and focus on the POC at the moment.

[Rocket Wallet Signals @RocketWallet]

https://t.co/bwVyWmJilw

#BTC 💰

#Bitcoin saw the largest liquidation event since July 5th.

Price bouncing off the 300SMA after missing the 200EMA by a few hundred $.

Reclaim H4 trend = long to range highs.
65-66K is our must break zone.

https://t.co/RyvUhhXg5c

On the hourly chart
#Bitcoin needs to hold the H1trend+300SMA and must reclaim 200EMA (around the same levels as H4trend) giving us more confluence about this area.

[Rocket Wallet Signals @RocketWallet]

https://t.co/7Oodkzkr94

#BTC Update

#Bitcoin is still fighting for the trend after finding some support from the diagonal line.

We are currently trying to break the H4 trend, mid-range, and point of control, If price manages to hold above we could be good to pump to range highs.
We also have the 100 SMA, 300 SMA, and 200 EMA below us, so the situation isn't particularly bearish at the moment. Especially notable is that the price hasn't experienced a significant rejection or sell-off from this zone.

On the daily chart, the 13/21 EMAs are slowly catching up with the price, indicating that a range mode (consolidation) on the H1/H4 time frames is not out of the question.

[Rocket Wallet Signals @RocketWallet]

#ETH

https://t.co/Xnex5uVhVq

Good reaction from the ETF why ? Cause we didn't tank hard at the news release.. Showing that the majority of the market wasn't really positioned for this event, being afraid of a sell the news event.

I'd like to see ETH/BTC ranging or going up while #Bitcoin remains here or also goes up slowly.
Next days will be really impotant as we will see which scenario gonna play out.

Looking to bid lower #Ethereum if we have it.

#EthereumETF

[Rocket Wallet Signals @RocketWallet]

https://t.co/8nHOaVXPwi

#BTC

Price fighting below the H4 trend and right above the mid range.
Crucial zone to hold around 66200$.

If we hold it we go up or range at worst case.
If not reclaimed we can look for the D1 trend retest around 64000$.

[Rocket Wallet Signals @RocketWallet]

https://t.co/iqF4yeRmUg

#BTC

#Bitcoin is currently testing the H4 trend (13/21EMA).
If the H4 trend is strong enough it should hold the price here.

[Rocket Wallet Signals @RocketWallet]

Bullish for #bitcoin

[BRICS News @BRICSinfo]

BREAKING: 🇺🇸 President Joe Biden officially drops out of the 2024 presidential race.

[Rocket Wallet Signals @RocketWallet]

https://t.co/stlgJXBgCK

#BTC

Over the weekend, there have been no significant developments, #Bitcoin remains stable until now.

Our current focus is on the H4 trend.
The price is consistently holding above the H4 trend and the mid-range level.
It is crucial for the price to sustain these levels and for the weekly candle to close above the mid-range, as this would be a bullish sign.

If the price pulls back to retest the H4 trend, it must holds this level to maintain the bullish momentum.

[Rocket Wallet Signals @RocketWallet]

#BTC

Daily Chart :

https://t.co/KIQ6kPTm0S

#Bitcoin has maintained support at the 100SMA and is currently testing the mid-range resistance, as we discussed in our previous analysis. A close above this mid-range would set our sights on the higher range targets.

4 Hours Chart

https://t.co/FiSyV9hmkk

The 4H trend has been defended and reclaimed, leading to a full retest of the mid-range level. If price holds this level, our daily chart targets remain in play. However, a failure to maintain this support may lead to a retest of the 4H trend, presenting a potential long opportunity.

#Crypto

[Rocket Wallet Signals @RocketWallet]

https://t.co/4aZ5YgzgJA

#SPX Update

The S&P 500 is dropping sharply, which explains the rejection in Bitcoin.

Similar to #Bitcoin , if the S&P 500 loses the 100 SMA, we can expect a move down to the 200 EMA.

[Rocket Wallet Signals @RocketWallet]

https://t.co/M71xU2YUQz

#BTC

Daily Chart:

#Bitcoin is currently contending with the 100 SMA after tapping the mid-range yesterday.

We have three scenarios from here:

- Reclaim and Close Above the 100 SMA + Mid-Range: If this occurs, we can aim for range highs around $72K.
- Fail to Hold the 100 SMA: This will send us to the D1 trend (13/21 EMA) with a possibility to long there.
Fail to Hold the 100 SMA + D1 Trend: We then target the range lows or the 200 EMA.

https://t.co/Yr5vwz1XlP (H4)

4-Hour Chart:

-#Bitcoin is currently testing the H4 trend + 300 SMA. If we hold here, then scenario 1 from the daily update will be our focus.
-If we fail to hold here, we will go down to the 200 EMA, which is in the same zone as the D1 trend (scenario 2).
-Failure to hold both the H4 trend and 200 EMA will lead us to the 100 SMA around $59K.

Conclusion:
Take your time to review the analysis and put a chart with all the moving averages mentioned above to understand all scenarios.