Hi friends! For a long time, the coin was accumulating energy in the side. A few days earlier, the price got out of accumulation and moved up. Then it rolled back to the breakout level and rushed up again. At the moment we have a good entry point at the breakout of the resistance level 3450$. I plan to buy above this level. Target 1 - 4090$ Target 2 -...
Resistances in 116 and 157 Buy zone in 84/85, if break probably go to black line and after go to 64 satoshis
just beginning of rally on the floor of the uptrend channel
Now I consider that BTC is forming entering wedge.
Mana is in the buy zone after falling back to the 0.236 Fibo from the January 22 high and approaching its 55 EMA in the 2 hour time frame.
This time I compare the behavior of various cryptocurrencies since March of last year with some important facts: Bitcoin, Litecoin and Ethereum show a similar behavior, with Ethereum being the one with the highest appreciation of the 3 during the period covered. However, they all achieved triple-digit returns. Ripple has followed a more irregular evolution,...
We can see how Vechain has broken the accumulation area, has looked for the bearish divergence and has made a first try to look for new highs. What are we looking for now? We are looking for an incorporation if the price returns to the divergence again. If the price continues with the uptrend we will look to incorporate later in a new continuation pattern.
Target 1 = 1295 Target 2 = 1575 Short SL = 1050 Large SL = 980
My opinion is the possible correction that the BTC will have before continuing to rise.
If the candle closes on the black line, the upward trend will continue
If btc remains stable (in 28k-33k) the alts probably will gain ground
ANÁLISE EM 1H COM TEMPO GRÁFICO DE 15MIN PARA SWING O PREÇO DO BITCOIN VEM CAMINHANDO DE FORMA CONSOLIDADA DENTRO DESSE CANAL (RETÂNGULOS AZUIS), PODEMOS AGUARDAR ESSE RESPIRO DO MERCADO PARA A RETOMADA ACENTUADA EM SUA TENDÊNCIA DE ALTA. RSI >50 GANHANDO FORÇA PRIMEIRO ALVO DE TAKE NA LINHA VERDE E STOP NA LINHA VERMELHA