Shibunacci

Shibunacci Updated 

The identified critical pivotal Bitcoin price target level of interest was ambitiously placed in the $68,472-$69,200 range: this was an area the price was likely to reach based on the historical resistance or upcoming price patterns. On the flip side, the two pivotal levels of interest reflecting potential critical support are around $60,600 and $58,000; as the...

Shibunacci Updated 

📈 Bitcoin has recently exhibited a rising wedge pattern on the 4-hour chart, indicating a potential correction in the near term. This pattern is characterized by converging trendlines forming higher highs and higher lows, signaling a weakening momentum and a potential reversal. 🔍 💲 As of the time of writing, Bitcoin is trading at $68,200, and based on the...

Shibunacci Updated 

In the crypto realm, Chainlink stands out, its price swaying like a pendulum. 📈💼 Eyeing its chart, we zoom in on the 12-hour time frame, where $17.72 emerges as a pivotal support level. 🛠️💰 Beyond mere numbers, this mark embodies market sentiment, shaped by news and psychology. 📰💭 So, let's approach with a blend of technical prowess and market wisdom, ready to...

Shibunacci Updated 

🎮 Gala, the gaming-focused blockchain platform, faces resistance at 7 cents, prompting a reassessment of its near-term outlook. 🛑 This analysis explores potential support and bounce levels on the 4-hour timeframe, guiding traders through key price dynamics. Introduction: Gala's recent rejection at 7 cents signals a temporary pause in its upward momentum. 📉...

Shibunacci Updated 

Abstract: 🐻 Bitcoin is poised to break from a 4-hour bear pennant pattern, signaling a potential move to the $59200 area. 📈 This analysis explores the implications of this breakout, which aligns with the Shibunacci indicator, offering additional confirmation. 🔄 Introduction: Bitcoin's imminent breakout from a 4-hour bear pennant suggests a shift in market...

Shibunacci

(Chart-Art) In the land of Bitcoin, a tale unfolds, Where charts are painted, in red and cold. 🎨❄️ With bearish patterns, they do declare, The top is in, beware, beware! 🚩🐻 A blood moon rises, casting its spell, As bears and bulls in their struggle dwell. 🌑🐂📈🐻 Goblin Town looms, a place of dread, Where downtrends lead, and hope has fled. 💀💔 The bears, they...

Shibunacci

Dogecoin (DOGE) has broken out from a macro triangle pattern on the weekly timeframe, attracting attention from traders. This analysis explores the implications of the breakout and projects a measured move to around $1.60. By dissecting the chart dynamics and considering market psychology, this analysis provides insights into DOGE's potential...