Not much to talk about here. The case is very simple. This coin didn't experience a proper bear market, which is a massive sign of strength. Over the last few years, it slowly got more listings and is now listed on Coinbase, which means it could have the potential necessary liquidity to push it higher. Unfortunately, its chart on Tradingview isn't the best...
Further to our September 28th, 2022 analysis inverse head & shoulders is not fully confirmed. We expect price to hit 18.800 mark and follow ascending sequence pattern : a) 18.800 - 33.000 b) 36.000 - 50.000 c) 55.000 - 74.000 Retraction Sequence: a) 74.000 - 55.000 Further Bullish momentum before significant correction: a) 55.000 - 104.000
BingX’s Bitcoin Chart Bitcoin is down 1.61% over the last 24 hours and fell to an intraday high of $18,816.32. The largest cryptocurrency managed to rise above the $20,000 level early today, but the bulls failed to hold the price above the $20,000 level, suggesting the sellers remain active at the high levels. The bulls will attempt to push the BTC/USDT pair...
The first sign that Coinbase was bottoming was that it dropped 90%. Very few stocks fall so much without bouncing at some point. The second was Fred Ehrsam, its co-founder who now runs Pm, a venture fund, bought 75m USD worth of shares with an average price of 70$. Whenever a founder is getting in after a crash, especially one running a venture fund, it's time to...
Falling wedges do not have the best performance but if we can breakout above 42.25 to 49 with a retest of 42.25 on hourly and have continued momentum to the upside, a longer term out looking has a higher percentage rate with a target of 140 - 145. Would be nice to see volume tick up to confirm, i am seeing a little more volume in the discords so for me that is enough.
The monthly Rsi is lower then it has ever been in my opinion once we reverse back into a bull market we are going to see a super strong run to a 6 figure bitcoin. Buying now at 19k is the deal of the century. I know it is scary buying because of people being overly bearish just like they were overly bullish. Remember 100k bitcoin? Now it’s 5 or 10k bitcoin....
0. The above chart was made in view of the possibility that the four-year cycles of BTC is likely to change to three-year when BTC reaches the 2017 peak before 2020 Halving. If you look at the main chart, you can easily understand. Therefore, the explanation is omitted. This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow',...
A lot is going on in the crypto space. More countries are banning BTC, Inflation, and the Feds playing a role like always... Is this the end of the sell-off? We can see that BTC is at a very important support zone. After reaching this zone price quickly was bought up with a quick 5% pump. In my none financial opinion, this would be a great area too long with a...
When looking at BTC on the 4hr TF we can see that it is approaching the end of the triangle shown. Every line shown is a major S/R zone. Let us watch and see which line will get broken first. If the diagonal line is broken, that will be a bullish sign and if the yellow line below is broken that will be a bearish sign. Whichever break, let's wait for a retest and a...
Let's wait for this trendline to break before we can expect a bullish push! Clearly, the bulls are having a hard time breaking through but once they do, I can see a quick 5% or higher gain. Keep in mind BTC is still king and if it feels like having a bearish move after Shib breaks this trendline, Shib will go down also. Love it or hate it, hit that thumbs up and...
BTC's inability to hold onto $50K support after rebounding as high as $51.6K earlier in the session has some market participants weary of a retrace back down to $45K/$40K in what could be a much more severe correction. However, before throwing in the towel and automatically assuming that the bears are set to remain in control in the days/weeks ahead, one ought to...
Added the additional horizontal red dashed & dotted lines. Looking at the cheapest cryptoassets in the market.. $TRX is definitely undervalued compared to a lot of the other DeFi platforms ! As we have seen before with the others. They are clearly in an uptrend . However this one tried and is now in a correction slowly growing back up I am currently not adding...
Looking at the cheapest cryptoassets in the market.. $TRX is definitely undervalued compared to a lot of the other DeFi platforms ! As we have seen before with the others. They are clearly in an uptrend . However this one tried and is now in a correction slowly growing back up I am currently not adding any more units of TRX since i already achieved 10,500...
BTC's push beyond $20,000 over the past few days has hurled the cryptoasset into uncharted waters and a new all-time high being set every few hours or so. Given that BTC has no prior price action with which market participants can lean on, it should be assumed that BTC is just as likely to continue pushing higher as it is to conclude what is currently a 6-day...
So it looks like the A wave of the correction has come into full fruition and is in the process of changing its momentum to begin the B wave of what looks to be a 535 zigzag. You can tell on the 30-min that the ichimoku cloud has gone into a bullish position by looking at the recent TK cross and the lagging span crossing above the price point, where usually the...
XEM is difficult to predict now. I can see a few possible movements: a) Impulsive Wave-1 with Wave-1 extension = I expect retrace to 1600sats zone. b) Triple ZigZag Correction = retracement to 1900sats zone So, I'm going to wait how XEM manages re-test of 1900sats zone. Then the next price movements will be more clear. Generally, I don't expect...
BEARISH BAT INDICATES ETHUSD MAY HIT $1080 BEFORE BREAKING $1260