Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Ethereum ETH parallel channel, the small purple channel is the down channel and the green one is the falling and oscillating channel.
FX:XAUUSD is strengthening after Friday's shakeout due to NFP, amid the dollar's decline. Possible retest of the liquidity area, with the aim of changing the trend. On H4 the price breaks the resistance of the wedge, formed within the corrective wave. The bulls are trying to hold above 2300, since the opening of the session the price strengthens to 2320 and...
If we look at the chart of #RNDRUSDT on the daily timeframe, we can see that in recent months, the ‘buyer’ has been aggressively active in the $6-8 range. Currently, CRYPTOCAP:RNDR is trading in the $10 range, but to be completely convinced of the serious intentions of buyers, I would like to see an aggressive defense of $7.70-8 📝Higher trading volumes in...
📈Today, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or not ❗️❓ 🤝Please be with me. ❌Solana(SOL) was unsuccessful in the first Attack on the 🔴 Resistance zone($259.9-$196.40) 🔴 to create a new All-Time High(ATH) . 🌊In terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave...
FX:GBPUSD , influenced by a positive fundamental backdrop and the dollar's decline since the opening of the session on Monday, is strengthening above previously broken trend resistance. GBPUSD is strengthening, the currency pair is in a bearish trend reversal phase. The market and traders are readjusting after the negative NFP for the dollar released last...
Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to...
TRX is going higher on the weekly chart. We have a reliable uptrend without any issues, and the trend should continue in the next few weeks. On the chart, you can see a descending triangle that broke bullishly. What does it mean? Usually, when a descending triangle breaks bullishly, we want to buy it with a profit target at the top of the triangle, which is at...
🕵️♂️ Let's update the previous analysis of Link Coin and identify new entry points on this chart to be prepared for various market scenarios. ⏰ the previous analysis, it was mentioned that after breaking 16.747, you can open your short position, but there is no need to completely abandon this coin and patience can still yield substantial profits. 🤔 After the...
The price of INJ is at the top of the parallel channel on the weekly chart. This is probably not the best time to buy INJ, I would wait a for a small pullback. Rather buy INJ in March / April and buy some other coins because INJ is going to go sideways. From the Elliott Wave perspective, we are waiting for the final wave (5). We are in wave (4). Let me know what...
🎉Hi guys, I hope that you have a great weekend . 💡Bitcoin failed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and 100_SMA(Daily) and created a 🐻 Bear Trap 🐻, one of the reasons for which was the release of the US employment rate . 🏃♂️ Bitcoin currently seems to have succeeded in breaking the upper line of the descending channe l and is moving in...
Looking at the #WLDUSDT chart, we can assume that after the hype that was at the beginning of the year, interest in the MIL:WLD coin has now waned, if not disappeared. 🤷 After a sharp drop, buyers had a chance to restore the price of #Worldcoin to at least $7, but today sellers took the initiative and are drawing a daily candle that is clearly not for continued...
Not even gonna guess how high will it fly. Got higher than we expected already. Smoked bears, gone into hibernation. Here are the fib levels for your consideration. Notice price approaches the top Bolly Band. Not a lot of room left to squeeze but it could pump higher. Not overbought yet. Short when it gets there. Bewary.
During the recent correction of the crypto market, the price of #MATICUSDT fell quite a bit, as for an altcoin from the top 20 However, the aggressive buyback of CRYPTOCAP:MATIC started from the critical zone, and this is good. Perhaps it was around $0.60 that big money was ready to buy. Whether this is true or not, we will soon find out, because if the price...
FX:XAUUSD continues to form the phase of correction. The price stops in the zone of 0.236 fibo, but the candlestick setup on D1 is forming multidigit. The struggle between buyers and sellers for 2285 continues. Last week was fundamentally rich, but the market reaction is weak, sellers are actively selling out any buying activity. A pre-breakdown setup is...
We currently broke above the descending trend and i think if we can see the current support hold we can look for long positio.
This is part of my ongoing analysis, see links below. We have been orbiting 63.3k for several days. It is a key level of the wave down from the top. North of 63.3 is bullish, South of line is bearish. This chart is also a good example of my concept. The red fibs are extensions of an Impulse (fib 0.1). Purple lines are retracement levels of entire wave. Previous...