Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
The dollar index creates a bearish flag after the breakout of the 105.00 level. The market is ready to break the bearish flag because tomorrow is the federal interest rate and Powell's speech a big day. There is also a resistance level at 107.00. If the bearish flag breaks then the market moves toward resistance level.
The dollar index moved in a triangle pattern. Last week, the market tested his upper trendline. If the market tests the upper trendline then it is 106.500 level. Another thing is there is a resistance and supply area at 107.00 level. if the market does not respect the upper trendline then further move to 107.00 level and then reject.
a symmetrical triangle in the BTC market suggests uncertainty about its future direction. This pattern occurs when the highs and lows of the price form converging trend lines, indicating that neither buyers nor sellers have taken control. Traders often see this as a potential continuation pattern, meaning the price could break out in either direction once the...
The btc pair creates a pennant in the 1D timeframe. If the market breaks this pattern then a big move is expected, there is also an order blocker in 1d at 52500-51000 range. If the market does not give respect to the downward order block and breaks above then the market goes above 85000.
Hey there,✌ NYSE:PFE In the daily timeframe, as observed, the price is currently fluctuating within the $25 range following a prolonged downtrend. The long-term trendline has been broken, and we can consider the following scenario: if the demand range is maintained, the price may experience positive fluctuations up to the $28 range. Then, if the $28 ceiling is...
Tesla has found a floor, I would expect a bounce to 200 level. Be careful if price doesn't get up immediately
Gold's retracement to 50 or 61% is necessary for a well-executed impulsive move. Without going through a corrective phase, gold is only traveling in one direction. Each time the price has reached an Ath, and each time the pair has manipulated close to the Ath. This represents the final vertical resistance of the ascending channel of the upper period. This may...
A solid horizontal support is in place for the price. We have observed a good recovery in the last three to four times. Price appears to have become trapped in the range-bound region, where no impulsive movement is evident. There is a greater likelihood that the price will go back towards the horizontal resistance region if it finds support close to the zone. A...
Sell side curve. Hope this works today let's see what will happen. Let me know if you see anyhow different
The day before yesterday (March 16) there was a very large unlocking of ARB tokens. Exactly, as many as 1.1 billion ARB tokens appeared on the market, whereas before there were 1.45 billion of them in circulation. On this day, due to such high supply pressure, we broke out of the triangle formation (marked in white) and are currently in my first buying zone from...
Ethereum being the second biggest coin in market cap has a very important role to play in the crypto ecosystem, however, we haven't heard to much talk or news about the coin as other L1's have stolen the spotlight. SOLANA, INJECTIVE, SUI etc have all grown in popularity and have taken a lot of the focus away from the biggest altcoin by market cap. In the...
OBV is flat at the moment and hitting resistance. If it can brak this, we can see movement towards 57-59. 59.5 is the next good resistance co-inciding with .618 Fib Looks like a consolidating zone between 53-56
In order to alert you, signals of a correction before the next halving are on the table. In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one. I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be...
As we can see, the price has rejected a solid resistance at 1.11, it's a 4 years resistance and it seems not to break it up soon. It could fall to TP 1 and bounce up to the resistance trying to break it again, or aggressively fall to TP 2 doing a reset. High volume at resistance and bearish indicator on RSI are good signals to go short