Given our long-term uptrend line, we expect price support again. This area is a good place to enter if this area is well supported and trend lines are not broken. If this range is not maintained and the support of the trend line is lost, we will see more decline. We specified the next moves in the chart according to the trend line scenarios. Its not Buy or Sell...
As you can see in the chart in 2 H TIME FRAME this is the pattern that we are in Just wait for the confirmation to make a short or long Those who know me, know I do day trading based on patterns and breakouts so use my analysis for the short term and just take the advantage of the market DO NOT FORGET TO USE STOP LOSS THIS IS NOT FINANCIAL ADVICE IT'S MY...
As you can see, Bitcoin is moving in a strong uptrend channel in the 4H time frame since 14 March, So this time I expect to see a breakout of $44,500 resistance. Bitcoin's bulls are so strong at the moment BUT before any breakout of mentioned resistance, A correction will happen. This correction can last up to $43,000 area, After that, and when the price was...
As we can see in the chart BTC couldn't break the trend line just keep eye on the trend line and we might see a downtrend If it goes DOWN the first target will be the RED arrow and if it goes UP the first target will be the GREEN arrow Just follow the chart Good luck Hamintor ke toye shekl mibinid btc natonest khate ravando beshkane age be in haraket edame bede...
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)
It looks like our analysis played out very well and price is now heading lower. For those of you who managed to get in before the most recent move, that's great. Make sure to move your stops or collect profits along the way. If you didn't manage to go short, don't worry. The market will always give you another chance. In this case, what we have to do is to wait...
First target reached(the expected pump from 37K): only after breaking more resistances here, we can expect more pump to the higher targets mentioned on the chart. As we said before only if local supports here break market is bearish once again and supports are still valid. Major support zones and resistances are also mentioned on the chart. <>
bitcoin will have to test 44500-45700 and thats when we will go up or down!
Wait and buy 10000-10240 with patience might be a good opportunity to get business from bitcoin for the long run.
In my last post I suggested how I anticipated for us to see a reversal back into our 37.5/38k support (now resistance) Currently this is what is happening. That being said we could push all the way back to 40k. Very possible scenario. What im currently waiting for is to see a few 4H candle closes with bearish sentiment (ie wicks to the top). This will suggest to...
A simple chart break down of the current xrp price action/structure. Over all we are bearish of course. After the markets across the board tanking after various news releases ect this is where we are at. Currently the way I see xrp is that its tapped into a major area of support at .52/55c. For me we barely dipped into this zone and I expect for us to push down...
Absolutely personal opinion No fundamental news has been reviewed and only technically analyzed BINANCE:BTCUSDT Bitcoin has always surprised everyone Certainly the upcoming shopping opportunities will not be repeated Sorry if the description in the photo is not in English <3
Matic as per previous analysis saw a sharp reversal from the completion of an ending diagonal pattern. The current structure likely forming a triangle pattern 'X' of a larger degree WXY pattern. The breakout below lower trendline should further validate this. Thanks
A strong support is waiting at $42200 area, the downward trend is in making in 1 hr time frame. 1. In Binance: Huge buying pressure is at $45000 and$44000 area which can give short pump in alt coins but if trend line broke downward then $42000 is coming for sure. 2. Bitcoin dominance is increasing, so it's better to take long and short positions only in Bitcoin...
If $BTC breaks out above the resistance of the triangle and the POC with an important volume, a long setup is confirmed. #Bitcoin 53k by next week?
Good signs on chart. Pretty interesting.... HISTORY REPEATS ITSELF.
Simple structure on the weekly chart for bitcoin. Support seems to have been found on the previous weekly higher low. To add some confluence to this bullish market structure is the trend line that we have pulled back to. The higher the timeframe the more powerful it is. A weekly close above the highlighted zone with a good wick at the bottom gives me confidence of...
Pay attention to the chart pattern and the oscillators. When the stochastic, RSI and Money Flow Index, all reach their lows, it typically indicates a pump for Bitcoin. And when this occurs on the daily, it usually means a pump that lasts for many days (even a couple of weeks). Given the chart pattern (an ascending triangle), the target is $100K but... don't let...