Price is rejecting the Resistance Zone. I expect price to go atleast go down till the mid.
We can see price is sideways after a Bear Leg.
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A Smart Combo of Technical Indicators to catch the most likely tops and...
The last support for ERDBTC was sitting at 15 satoshis and was broken on the 13th of March.
A new low was hit at 13 but the charts for ERDBTC remain super bullish, why is that?
When a strong support is broken you expect to see big volume bars, yet, the trading volume here is really low. The MACD is also printing bullish divergence.
So this support is taken out...
After completing our plan, BTC has been pumped stronger than expected and we will continue to hold BTC because the buying force is still quite good and its future is very bright
The price levels that we need to pay attention are : 10800$ - 11200$ - 12000$
We can absolutely hold BTC up to 14000$ or 16000$
Our last signal in private :...
TRX is currently in a quite bad pattern and the potential for reversals is quite large and we should be careful because TRX may fall sharply to the 0.0145-0.015$ zone or even deeper like 0.01$
Only consider buying TRX if it breaks the strong resistance zone at $ 0.01862 for the target of 0.027$ in August
We have reached the most critical point in 3 years time,
With USA printing unlimited money and giving away ridiculous stimulus checks, NASDAQ and SP500 are pumping really hard which are totally silly bear rallies, they are about to collapse and they will be collapsing soon - september !
But WHAT ABOUT US?
Next 3 weeks will show us IF WE HAVE ENTERED THE BULL...
There will be a global recession and
a credit crunch will cause financial
system stress. Central banks will take rates
into extreme negative territory and
print money like there is no tomorrow.
Bitcoin will reach a new all time high,
somewhere between $40K and $50K,
before there is a coordinated crack down
(The chart shows there have been...
Hey guys welcome for a fresh crypto update, please like and follow to support us
Here in this chart i have tried to explain the correlation between Halving and price growth in Bitcoin through Logarithmic Regression chart
according to this theory, 100k milestone could be achieved till March 2025 after the 4th...
NANO Isn't really looking bullish to me as it is trading below all major resistance in the form of moving averages, yet, here we are...
Feel free to hit like now, if you want to... and let's continue.
So, MA200 (black line) is the resistance that has been holding NANOBTC price down, if this level can be broken, you can expect strong bullish action.
As for the...
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 3th .
This is the 30-minute chart I left last week.
After the upward trend,
At the top peak,
There was a significant drop to the bottom " touch...
Dear Traders and Hopeaholics alike,
as the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short) I give you BTC 16K annnddd NEW ALL TIME HIGH of 21K :).
Right now they are going to be reading this post and shouting HA HA HA HA HA everywhere I go. But as the President and Founder of HOPEAHOLICS ANONYMOUS , don't let me be the...
bit early but looks like an ascending triangle in the making, keeping an eye on possible bullish divs that may form with RSI & Candle close, I am short currently as I mentioned on discord might close early if I see the bounce from support.
OBSERVATION: so we had a wild run & looks likely we gonna chill(avoid dumping) for a while. If the channel is respected, it will keep the trends short. It has a 5% width tho, which is enough to catch a couple of good 1% trades on high leverage, but caution is advised.
I noticed this H&S formation a few days ago and decided it needed to be published. although its not the perfect H&S, after I seen it I couldn't unseen it.
The neckline on this lines up perfectly on that Resistance level.
I have also marked on the chart a potential Bull flag,
this forming bull flag has attempted to pierce through the supply zone twice already which...
What we saw recently for Bitcoin (XBTUSD) was a fake breakout.
Prices moved above support just to quickly fall back down.
Our previous view/analysis remains valid.
Prices are now trading below MA200 and also below the purple trendline.
Thanks a lot for your...
#XBTUSD #Bitmex #1hr
- BTC recently broke the recent high and made a higher high.
- Now the previous high might be considered as a major support.
- The trading setup below is worth taking a risk for a mediocre risk-reward ratio.
- Note that the 1hr RSI has shown pretty decent bearish divergence signal.
Short-term Long Trading Setup