#Dominance Currently at resistance, if it gets rejected, then we may see a relief in BTC and ALTS. But in case a breakout could cause problems for both BTC and ALTS. Be careful, and remember to set stop-loss orders! #Crypto
#Bitcoin Weekly Technical Analysis 📈 Bitcoin surpassed its previous all-time high of $69,028, reaching a new peak at $73,773. Currently, it's trading above a strong support level ranging from $64,500 to $66,300, which is considered a robust technical support zone. As the week concludes, Bitcoin needs to hold above this support area. The price of Bitcoin...
#Bitcoin Update Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout. If the price stays above this support level, we can expect a...
THIS CHART IS BASED ON HISTORICAL DATA Let’s get to the chart. Keeping in mind that this chart is based on Bitcoin at this time, it's quite important for the coin. Looking at historical prices, if we examine the first example, focusing on the first bit between the 2012 halving, the month before the halving was actually relatively neutral. We saw a slight uptick...
On the daily ETH chart, there's a notable pattern emerging, potentially forming a substantial falling wedge. Statistically speaking, a falling wedge tends to signal bullish momentum. About two-thirds of the time, a falling wedge pattern breaks to the upside, while the remaining third breaks to the downside. However, it's important to note that until we observe a...
Good day, traders The Bitcoin Halving has happened again. ~1st Halving (Nov 2012): BTC price was $12.0. It reached its highest price ever at $1163. ~2nd Halving (July 2016): BTC price was $638.51. Then, it skyrocketed to a new all-time high of $19333. ~3rd Halving (May 2020): BTC price was $8475. It later surged to a new record of $68982. ~4th Halving (April...
#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support. As long as we remain above this support, things look positive for a potential bounce back up in price. However, if the price falls below this level, we may see some corrections. Keep an eye out for further...
#BNB Update BNB is currently forming an ascending triangle pattern, with its price trending above the lower support line. According to this pattern, if there's a breakout above the upper boundary of the triangle, we can anticipate a price bounce up to $1100. However, if the price breaks below the support line, it will invalidate this pattern. Stay tuned for...
#Bitcoin update BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support. currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here. we need to reclaim the 70K resistance for bullish...
#BNB has broken out of a bull flag pattern. Now, we're looking for a retest of this pattern to confirm it according to technical analysis. If confirmed, we could see a potential 80% upward move. However, we must overcome the important resistance at the all-time high. Stay tuned for more updates. I'll keep you informed. #Crypto
Hello traders, today we will talk about Back-Testing Introduction Back-testing, in its essence, involves applying trading strategies to historical market data to ascertain how well those strategies would have performed in the past. By doing so, traders can identify potentially profitable strategies and refine them before applying them to real-world trading...
#ETH UPDATE #Ethererum breaks this symmetrical triangle pattern and is currently retesting, if it retests the pattern successfully, then technically we can expect a 40% bounce from here as per the pattern. Stay tuned, I will keep updating as always.
Buy #SLERF/USDT Current Status: Forming a falling wedge pattern, expecting a good bounce after the breakout of this pattern. Accumulate between $0.4 to the current market price Profit Targets: Aim for 100% to 200% profit. #DYOR #NFA
#AITECH is currently forming a falling wedge pattern. This pattern is expected to lead to a good bounce after it breaks out. However, if the support zone is breached, there could be a downward movement. The overall sentiment remains bullish and the 200MA is also working as a good support. For those who are yet to invest, the accumulation zone ranges from $0.23...
Trading Pair: BOME/USDT Trade Type: Midterm Current coin Status: The coin has broken out of a flag pattern and is currently retesting it. Entry Point: The current market price (CMP) is a good entry point, and you can add more up to $1.43. Profit Targets: The profit targets for this trade are between 40% to 80%. Stop Loss: The recommended stop loss is at...
#DOMINANCE UPDATE In the short-term, a symmetrical triangle pattern is forming within the dominance trend, with the current trading activity occurring above the lower support level. It is important to exercise caution, as a breakout or breakdown of this pattern will confirm the next move in the trend. Stay tuned
#BITCOIN WEEKLY TIME FRAME TECHNICAL ANALYSIS🔔 After breaking the previous all-time high, which was $69,028 and achieving a new high of $73,773. Currently trending above the strong support zone of $64,500 to $66,300, technically it’s a very strong support zone. Today is the weekly closing, and Bitcoin must maintain its position above the mentioned support zone. ...
CRYPTOCAP:LTC has recently bounced from its long-term support level which has held for 1900 days, as indicated by historical price interactions. It has broken out of the symmetrical triangle pattern and is currently being it, with $78 serving as support. In the past, when it previously broke out, it bounced around 500%, so we can expect a similar move this time...