Maximilian_FX

Maximilian_FX Updated 

Dear traders! SOLUSDT today continued its steady rise above 154.12 and is up 0.93% on the day. Personally, I still maintain faith in a huge upside as long as the indicated uptrend channel holds. It is expected that after a correction to the 0.618 Fibonacci level (coinciding with EMA 34.89) SOLUSDT will rebound with an expected increase to 165.68 if this level is...

Maximilian_FX

Hello traders! Overall, ETHUSDT continues to trade within a parallel bearish channel on the D1 chart, which typically determines our medium-term outlook. It is currently trading steady at $3029 and down 0.21% on the day. From a technical perspective: The H4 setup shows strong resistance of the down trend. Therefore, it is likely that the price will continue its...

Maximilian_FX Updated 

Hello all dear traders! BINANCE:BTCUSDT Overall, on H1 we have seen that the trend has shaken and the pressure is leaning towards the buying side. It is currently trading at a new high of $63,250, after hitting $63,435 and up 0.28% on the day Accordingly, when observing from the chart that the resistance level of 62,000 USD has been broken by the bulls, it is...

Maximilian_FX

Hello all dear traders! So after a long period of price decline, BTCUSD rebounded with a spectacular breakout from the price wedge, which was not only a move from the bulls but also pushed the price up sharply from this point on. It is currently consolidating above highs of $63,083 marking a 0.1% gain on the day. However, looking from a technical perspective on...

Maximilian_FX Updated 

Hello friends! Overall, BTCUSDT experienced significant volatility yesterday with corrective momentum beyond the $63,000 level. It is currently trading at $62,189, marking a 0.18% drop on the day since hitting $63,000. So why is the cryptocurrency market bearish today? On today's impact news: Grayscale has withdrawn its Ethereum Futures ETF application less than...

Maximilian_FX Updated 

Hello everyone! As predicted yesterday, BTCUSD has lost 62k support and the pressure is on the selling side. It is currently trading around $61,167 and has lost 0.03% on the day. On the 1-hour chart, there are 2 interesting resistance levels that were clearly broken by the bears at $63.00 - $62,000, generally indicating that the selling pressure of the bears is...

Maximilian_FX Updated 

Hello all dear traders! Let's discuss and plan our short-term strategy today! Overall, BTCUSD experienced significant volatility over the past day with the price falling past the $63,000 mark. It is currently trading at $62,627, marking a 0.49% increase on the day, since hitting $62,179. But! At the same time a pattern has formed which we often call a triple top...

Maximilian_FX Updated 

Hi everybody! BTCUSDT is consolidating above previous downtrend resistance. Confirmation of a trend change would be a consolidation above the price moving sideways around the current level near the support zone. It is likely that the market will try to change the trend. At this point the realization phase will take shape. We await confirmation of a trend change...

Maximilian_FX Updated 

Bitcoin price remained well above the $62,500 support zone and extended its gains. BTC was able to overcome the resistance at $64,500. It even cleared $65,000 and checked $65,500. A high was formed at $65,550 and the price is currently correcting gains. There is a minor decline below the $64,000 level. However, the bulls are active near the $63,000 area. There is...

Maximilian_FX Updated 

Hello all dear traders! Overall, SOLUSDT is showing steady growth on the D1 timeframe. It is currently trading at 156.96 marking a gain of 2.72% on the day. From a technical perspective, looking further, we see that the market has changed its downtrend to growth, reinforcing our medium-term outlook. However, in general at the present time the upward momentum...

Maximilian_FX Updated 

Hello all traders! From the 4-hour chart, SOLUSDT has broken out of the bearish channel, which favors the rising bulls in the short term. Accordingly, maintaining at this high level and the technical support shows that the next wave of price increases is waiting. I am targeting 143.88. A break out of this level could test 159.47. And you? What is your goal?

Maximilian_FX Updated 

Hello all dear traders! Overall, Bitcoin's recent price drop on May 1, 2024 changed general sentiment, but it appears to have been a bear trap, leading to mass liquidations and a subsequent decline in the overall market. can. Currently, Bitcoin is trading close to $63,000, and in the past 24 hours, it has experienced greater than 6% growth. Over the past 7 days,...

Maximilian_FX Updated 

Dear traders! Recently, BTCUSDT is having difficulty maintaining its peak of $70,000. Both the short-term and medium-term outlook show that the technical downtrend is gradually strengthening. Technically: the relative strength index is trending down above the bullish zone, suggesting a potential momentum shift and a potential bearish revival. Therefore, I...

Maximilian_FX Updated 

Hello all dear traders! Let's discuss today's trends On the demand timeframe, we see the trend has changed as the market enters medium-term sell-off correction waves, with resistance holding the price in the context of a weak recovery to date. Personally, I appreciate that Bitcoins weakness has not stopped the decline that will continue in the near future. The...

Maximilian_FX Updated 

Hi everybody, Overall BTCUSDT continues to maintain its upward trajectory with strong support from EMA 34.89. In the near future, the target could be $90,000 as it approaches the ascending trendline formed by the two previous peaks, as indicated on the chart. Fundamentally and technically, everything is positive so we can expect a bullish scenario. It is...

Maximilian_FX Updated 

BTCUSDT Trading Strategy: Overall, BTCUSDT experienced a significant correction and short selling yesterday, the $60,280 support failed to turn it around and the downtrend continued. The bearish scenario in general is being prioritized by investors. From a technical perspective on the 4-hour chart we can easily see that the 34.89 exponential moving average (EMA)...

Maximilian_FX Updated 

Hello everyone! On H1 before, we can see a changing trend, followed by a strong selling phase, reaching a level of $63,122 at the time of writing. Speaking of breakthrough: The support level at $63,200 couldn't make the BTCUSDT market turn around, and the short-selling strategy continues to prevail recently. The technical downtrend seems to be gradually...

Maximilian_FX Updated 

Hello friends! Just as I predicted yesterday, the bearish momentum of the BTCUSDT coin is still maintained as it forms a head and shoulders pattern on H1, in a potential bearish channel. It is currently trading at $63,087 marking a drop of 1.09% on the day. Overall, in the current context, both fundamental and technical are signaling a downtrend, we are waiting...