StormTrading

$GOLD / #Gold - 2H Update GOLD is bullish, breaking key resistance with rising momentum, money flow, and bullish moving averages. Caution warranted due to potential momentum slowdown; broader market analysis advised.

$BTC / #Bitcoin - 1H Update BTC forms a double top with bearish divergence in momentum, signaling potential weakness, but the rising money flow indicates ongoing interest.

$DOT / #Polkadot - 1H Update DOT bounced off the point of control, forming higher highs and higher lows, indicating a bullish trend. Market Cipher B shows positive momentum and money flow, supporting the potential for continued upward movement.

$BTC / #Bitcoin - 1H Update BTC faces resistance at the 0.786 Fibonacci level. Market Cipher B's mix of falling momentum and rising money flow adds complexity. Traders are monitoring for potential breakout or reversal signals.

$BTC / #Bitcoin - 45m Update BTC's Market Cipher B bears a divergence despite rising Money Flow post-dip below the value area high, re-entering the range, urging caution amid potential volatility, necessitating careful signal validation prior to trading.

$ETH / #Ethereum - 45m Update ETH seeks support at the 50-day EMA while Market Cipher B's Money Flow and Momentum trend downward, indicating possible selling pressure, although confirmation and broader analysis are essential due to potential indicator uncertainties.

$XRP / #Ripple - 1H Update XRP finds support at the 100-day SMA potentially indicating a reversal, while Market Cipher B's rising Money Flow and Momentum suggest a shift towards buying interest, although confirming trends remains essential due to potential indicator uncertainty.

$ADA / #Cardano - 45m Update ADA at 50-day EMA support signals potential rebound. Market Cipher B's rising Money Flow & Momentum suggests a shift to buying. Confirming trends is key as single indicators may be uncertain.

$SOL / #Solana - 45m Update SOL finds support, hinting at a potential rebound, as Market Cipher B's rising Money Flow and Momentum suggest a shift towards buying interest, but verifying trends remains crucial due to potential indicator uncertainty.

Bitcoin's behavior tends to show increased activity in volume and volatility as the weekend progresses. Anticipating a resurgence in these aspects later today is a common observation in its trading patterns.

$ETH / #Ethererum - 45m Update Ethereum finding support at the 1-hour 21 SMA while experiencing falling momentum on Market Cipher B This could indicate a potential pause in its uptrend or a short-term reversal, possibly leading to consolidation or a temporary pullback.

$BTC / #Bitcoin - 45m Update Bitcoin bounced from key support levels at the value area's point of control. The 0.618 Fibonacci support at $36,625, while Market Cipher's money flow and momentum indicate a possible turnaround.

$XRP / #Ripple - 45m Update XRP found support at the 1-hour 21 SMA while showing declining momentum on Market Cipher B. This could indicate a potential consolidation or a shift in the short-term trend, possibly leading to sideways movement or a temporary pullback.

It seems like there might not be significant movement in #Bitcoin this weekend. Given the choppy price action observed on Friday, it's probable that the market will continue to trade within a range until Monday.

$BTC / #Bitcoin - 1H Update #Bitcoin's rebound from the $35,872 support level, corresponding with the 0.618 Fibonacci support, Market Cipher B signaling upward money flow and momentum waves, suggests a promising potential for bullish momentum to strengthen in the near future.

$ETH / #Ethereum - 1H Update BlackRock files S-1 application for its Spot #Ethereum ETF.

$BTC / #Bitcoin - 1H Update #Bitcoin has recently broken out bullishly from another bearish pattern. If the price maintains its position at this level, the next target could potentially be $43,100.

$XRP / #Ripple - 1H Update For $XRP, it's critical to retain the support around the 0.62 zone.

$SOL / #Solana - 1H Update #Solana is displaying a fairly substantial bearish divergence on the daily chart.

$ADA / #Cardano - 1H Update $ADA [1W] is showing potential double bottom setups.

$LINK / #Chainlink - 1H Update For $LINK, it's best to maintain patience; my areas of interest lie around $12.50 and $11.50.

$MATIC / #Polygon - 1H Update $MATIC has a substantial liquidity area; while watching for any distribution pattern to consider shorting. If it holds, there's potential for further upward movement, so avoiding premature bearishness is key during a strong uptrend.

$BTC / #Bitcoin - 45m Update Market Cipher B, VWAP, Money Flow, and momentum indicators align bullishly, signaling increased buying interest and rising momentum. Support at the 1-hour 50 moving average suggests a strong base for potential short-term price gains.

#Bitcoin Even though price is at similar levels as last week, the Open Interest is still considerably less. Funding rates also slightly lower. I think we got a better and more healthy base now than when we were here last week.

$BTC / #Bitcoin - 1H Update Bitcoin has converted the $36,100 weekly resistance into support, eyeing the next hurdle at around $43,100. Notably, it hasn't closed a single weekly red candle in the last 30 days, signaling a persistent bullish trend.