We are at a point where balances on exchanges are being drained like no other cycle, Bitcoin breaking another major trend line of resistance.
Bitcoin Exclusive Bull Run Technical Analysis: A Comprehensive Guide By CryptoPatel Introduction: Bitcoin, the world's leading cryptocurrency, has been on a rollercoaster ride for the past few years, experiencing extreme highs and lows. In this comprehensive guide, we will take a closer look at Bitcoin's past bull runs and analyze the current market scenario to...
Based on my analysis of Bitcoin price movements, I anticipate a potential decline in value that may occur in three distinct waves from current levels. However, I see this as a potential opportunity to purchase Bitcoin at a lower price point, specifically during the completion of wave 2 from the previous bullish trend. In other words, I will be looking to buy...
By stabilizing the high price of the daily resistance and by forming a triangle pattern, this position can have a good profit in the long direction
According to the structure formed in Ethereum in the higher time frame, which increases the probability of the formation of a twin ceiling pattern, in the lower time frames, we see a change in the structure in the market, which can enter into a short position with the formed arrays.
According to the previous analysis, it was expected that wave A will consist of 5 waves and we will see price growth from the bottom of the channel. The end of this wave is likely to be in these areas or the 18600 area.
Dominance Tether moved in the daily time frame according to the expected scenario and reached an important range and was rejected from it, although it was expected that after reaching the daily range in the lower time frames, it would have a correction, which Mr. Pavel Vou bankrupted several banks. American Momentum increased this failure to reach the current...
Bitcoin was also pumped as expected and by attacking the previous ceiling with a lot of momentum, it strengthened the possibility of crossing this ceiling and if this scenario happens to Bitcoin, it should move in the form of wave C up to the maximum range of 38000, according to time analysis. It has happened that it cannot be displayed in this time frame. In the...
As mentioned in the previous analysis, Dominance Tether also reached the support range as expected and we saw growth in the market as a whole, but we are still involved in a very strong range of 6.5 to 7.3% in Dominance Tether, which is more likely to break out of the bottom with time correction. Which will naturally lead to breaking the ceiling of 26000 in...
The correction ended for Bitcoin in a flash but this is true for the Altcoins as well. ✔️ As Bitcoin resumes growing, our beloved and amazing Altcoins also resume growing. We looked at 60 pairs together and then dozens and dozens more in the last part of this series. I am getting many questions asking about different pairs and their status, so let's do it...
The price has reached an important time and price range and we are witnessing candlestick reversals in the daily time frame in this currency, which can experience a good rush if it penetrates to the upper level of the daily limit.
According to the possible scenario in the previous analysis, a 5-wave movement of wave A has been formed, and we can expect an upward wave in the form of wave B and then continue to fall.
According to the replicated analysis of Bitcoin in the daily time frame, as mentioned, the weakness of the trend in the range of 25,000 has formed the end of wave 5, and last week's falling movement can be considered a correction in the form of wave A, although the end of wave 4 of A has not yet been determined. As a result, the continuation of the trend and the...
According to the previous analysis, Bitcoin has made its correction in the form of a pullback by breaking the daily and weekly trend lines with the news data of the Federal Reserve and has reached the resistance ceiling of 25000 in the lower time frames. Let's consider the upward movement formed as 5 waves. In this area, we see the formation of an important...
According to the previous analysis, Dominance Tether has maintained its support floor and the coming week can mark the breaking of this floor and the continuation of the market growth or the completion of the mentioned scenario. Reaching 8% more resistance.
Hello Traders, The web3, AI, and data narratives in blockchain are getting hype lately and i think it will be new trend. Especially data service such as indexing, oracle, etc., because it will be the foundation of web3 and AI including ICP project. Based on Dfinity roadmap, ICP not only want to be a full web3 infrastructure but also make defi run on its own...
We will see $EGLD over 1.000 USD in a year. IF today #MultiversX has 2 mil users, tomorrow it could reach 1 bilion. twitter.com See who is TENCENT : en.wikipedia.org ... also, let me remind you, they will launch a lot of new products and features: multiversx.com Future is near the corner and #MultiversX are one of the builders. DYOR! CHEERS!
The price of Bitcoin dropped to the level of canceling our upward forecast of $23,608. The fall has stopped, and as long as the price of BTC is above this mark, there is a possibility that the growth in wave 5 will continue and bring the price of BTC to $26120. If Bitcoin drops below $23608, our priority scenario will change.