According to the mark-ups that have been done since the above time, which you can see the link of those analyzes in the channel, we had a reaction to the daily POI in the 15-minute time frame and we are witnessing a change in structure, so we expect rejection in the New York session in the upward movement of the marked POI. Let's be and come to the lower regions.
Due to the supply of Bitcoin liquidity in the support area of the previous day and the downward range within which it is located, we are still in the bearish market structure in the 4-hour and 1-hour time frames, and it is possible to enter a sell position with confirmation in the specified areas, and this confirmation can be taken in the time frame of 5 minutes...
🔍 Technical analysis: Descending channel failure
- It has been moving in a downward channel on the daily time frame.
- It is currently in the supply zone with the breakdown of the descending channel.
- In case of a pullback to the broken structure and maintaining the 1.17 area, it can continue its growth until the next supply area of the 1.75-1.95...
PHEMEX:WIFUSDT.P has exhibited extraordinary price action, plunging 63% from its recent peak and subsequently rallying 86% in a matter of days. Such dramatic swings highlight the inherent risk and reward associated with this asset.
Potential Price Scenarios
Given WIF's recent volatility, it's crucial to consider multiple price paths before making your trading...
PHEMEX:TONUSDT.P experienced a meteoric rise from $2 to its all-time high (ATH) of $8.284, representing a staggering 400% increase in just four months. While the broader cryptocurrency market faced a downturn since March, TON demonstrated resilience, continuing its upward trajectory. However, the recent drop below the 1-day 50 EMA and formation of a lower high...
Description:
RIFUSDT is exhibiting a promising setup with a potential bullish breakout on the horizon. If the coin successfully breaks through the current resistance level, it could pave the way for a substantial upward movement towards the next key resistance target.
Key Features of the Setup:
Current Resistance Level: RIF Coin is currently testing a...
Looks like bitcoin is retesting the weekly bull flag structure right now. And this week it has touched Weekly, Daily, and 4 Hours support of the flag structure.
This week BTC close above 64k will be good confirmation of the structure. And next week we might see a pullback to retest current lows and if the bulls take control and break the current channel at daily...
Quality project, plans to attack ATH. I'll take some DCA here
We are currently in a situation where there will be nice discounts if BTC makes at least a correction up to 57000.
For tooday i expect high volatile maybe we could expect correction,
I think we could get some red candles soon,
momentum of bulls is lower than before,
and correction is needed to take out some longs
I am shorting here.
Same idea like yesterday, we are bouncing from support to resistance every time soo trend is
pretty neutral, but on higher time frames i see some...
With a marketcap under a milion, you can't ask for a coin with stronger signs of growth. I lay it own in the video, This is a gem!
If you want to keep these coming all i ask is that you subscribe and follow!
Thank you!
🔻 CRV in a Falling Wedge: CRV (Curve DAO Token) seems to be in a falling wedge on the weekly timeframe, but the pattern isn't entirely certain due to the shortness of the preceding wave.
🔺 Expanding Triangle in Shorter Timeframes: In the 4-hour and daily timeframes, CRV is moving in an upward expanding triangle (I will update the analysis with this pattern...
🌟🔍 TradingView Analysis: API3's Bullish Signs 📈🔐
🔺 API3 in a Weekly Correction Triangle: API3 is currently in a corrective triangle in the weekly timeframe. Notably, there has been significant buying volume in recent weeks. The decreased volume during the last three weeks of red candles is a positive sign for potential upward movement.
🌐 Daily Timeframe...
Hey there! Upon examining the daily chart, as you can see, the price encountered a negative reaction as it approached the downtrend line in the 0.0052 range and is currently trading in the price range of 0.0046. The expectation we can have is that after a minor correction and maintaining the crucial support ranges of 0.0041 and 0.0034, along with a...
Hello Paradisers, Token to Keep an Eye On!
💎 IMX has been rejected twice after reaching a strong demand zone. The hourly chart displays a double bottom pattern, signaling a favorable entry point.
💎 IMX is likely to test its supply zone next and will need to break through to sustain an upward trend. The presence of a strong green candle indicating bullish...
Hey there! In the daily timeframe, we can certainly see that after a rise from the $172 range, there was a corrective trend. And now that the price has broken through the LOW $155 mark, I'm kinda thinking we might see it adjust around the $149 and $145. However, it's always good to see how the price reacts at support levels. What's your opinion? Do you agree with...
Bitcoin seems to be expanding on its correction and a new low could be seen by the next year. Invalidation to this analysis remains at 31800. Below this, the bearish count remains active and could trigger a double bottom or a lower low.
