Hello; 1. There is a negative divergence on the RSI on the Bitcoin weekly chart. 2. There is a bearish shark harmonic pattern on the Bitcoin daily chart. 3. The fact that the FED skips the rate hike in June and all FED members approve the rate hike 3 times until the end of 2023 at each meeting means that the price of bitcoin will fall. 4. Now that June is over...
#bitcoin Update: Currently Trading at $30,500 Bitcoin ( CRYPTOCAP:BTC ) is facing resistance in the red box area as shown in the chart, resulting in a price drop to the local support zone. The recent big wick indicates stop hunting and liquidations of overleveraged positions. However, as #BTC continues to trade within a range, money is flowing into...
➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern and Pullback is complete it. means price can rice to top of channel. 🌟 Bullish signals in the PRZ area are: - Dynamic Support -Broadening Wedge ⭐ Note if the Dynamic Support is broken downwards with the strength of Bearish candles from the bottom , this...
We predicted that Bitcoin would lead the way! Bitcoin experienced a significant upward breakout with substantial trading volume, reaching levels not seen since mid-March. This leads me to believe that Altcoins will soon follow suit. As Bitcoin gains momentum, the entire market tends to experience growth. However, it's important to note that when Bitcoin...
BTC is once again testing the most recent macro high and braking trend to the down side on medium time frames with daily high time frame divergence. This is a 4hr line chart showing a clear rejection at past resistance, followed by a brake of trend with a hard sell off. Currently price is coming back up to retest this brake of trend and if it fails to brake to...
On Verge Of Massive Breakout Formed Descending Channel In Htfs Incase Of Breakout Expecting Move Towards 100$ Keep Eyes On Ksm For Breakout
Hello Crypto Lovers, This is a 1D frame analysis for BTCUSDT As you can see, the price is bouncing towards the resistance line of 30,000 USD. At present, if the price cannot break the first resistance line, we expect a correction to the first support line and it can complete the pullback and if the support holds and the pullback pattern completes, it can move back...
📍Hello traders, today we are looking at BINANCE:BTCUSDT 1D chart to see what is the situation right now at the market. CRYPTOCAP:BTC has performed very well during the last days, however it seems that it has reached a level where it will retest a resistance level. 📍Trading at $30.500 is happening right now and as we can see now, this is the resistance level...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is trying to break the local downtrend line. After unfolding the trend based fib extension grid, we can see a support zone from $30,241 to $29,981, however, when the price falls below this zone, we still have support at the golden fib point, at $29,555. Now let's...
Following a bear market, historically the test and break above the 20 month SMA and 21 month EMA has been yet another sign of positive price action to come for the bulls.
We previously discussed MDT and its perspective based on technical aspects and recent trends in Hong Kong. Chart Analysis When analyzing the normal trend, we observe that MDT did not reach its previous lowest point. This indicates that it has substantial volume and, additionally, when examining wallets, it appears to have the highest percentage on exchanges. ...
btc target is 38000-39000 , just go and see my perviuse ideas , i predicted correctly
In this analysis I want to make a prediction on where Ethereum will top, and around which date we can expect it to top. Keep in mind that I only use the last two cycles in this analysis, so take this analysis with a grain of salt. As seen on the chart, we can clearly see two things: 1: ETH tops 78 weeks after the Bitcoin halving. 2: ETH tops around the top purple...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ I will slightly update yesterday's idea regarding the triangle. Yesterday's swing can be said to have cut the triangle from both sides, there was an attempt to renew the maximum of 31455, but another ETF-related FUD interrupted this attempt...
OP saw an incredible start of 2023. Sadly, after a huge move early in the year, OP has been selling off for most of the months after the initial pump. However, I see signs that the sell-off is done and that there's more bullishness coming soon, arguably even a new all-time high. For the best risk-reward I'm looking at a target of 5.00, potentially 3.00 if you're...
Bitcoin continues to sit at the top of the descending channel, indicating further declines over the coming months based on historical ATH market top formations. Still a chance for a sustained bull run with Equities but history points to a collapse with added downward pressure on ALTs. No trade until the trend is clear - Best of luck to the bulls but bears might...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Opened a scalp trade on ETH for 10% of the deposit. Technical: on yesterday's rally, the price of the asset again tested a strong local resistance level (red line), but the level is still not broken and we can see a slight rebound, which may...
Lads please pay attention! This 10 year old support trendline turned into a resistance in November 2022. Approach with extreme care! But bare in mind that this is crypto and it could get blasted through with vengeance.