According to the previous analysis, Bitcoin was able to resume an upward trend after the fake breakout from the bottom of the channel, and currently it has broken the resistance of 23600 with adequate strength and volume, which shows the increase in volume in the upward trend in this time frame, which indicates the possibility Most of the continuation of the...
Due to the creation of lower ceilings and strong descending candles, if the price can fall below the previous candle, we can expect a drop to lower levels.
Bitcoin situation from the point of view of Andrews fork and curved trendline The price is breaking the trendline and in the upper channel of the swing fork, which usually tends to reach the middle line of the fork.
Following the previous analysis, the divergence and weakness in the downward trend caused Bitcoin to reach the resistance of 23600 again and to be rejected with relatively high intensity. Due to the many encounters with the 22800 area and the application of previous buy orders, it is expected that this area will be broken and the price will fall to the bottom of...
Hello traders, I would like to make an analysis on BTC from a long-term perspective. I expect some of this movement, if we continue the bullish movement, I would like to sell in the white zone, but if we get a consolidation, there is a pretty good chance that we can go back to the LL from it. The market is constantly forming and therefore it is not easy to say in...
Due to the breaking of the daily trend line and pullback to the broken area and the confirmation candle that can be seen in this time frame, we can expect to move up to the previous ceiling or higher again.
Dominance Tether has reached a strong support range, although this range has widened and we can expect to reach the bottom of the range.
This pattern has been seen far in the market... the decrease in volume at the end of the upward trend... the daily candle closed as a doji, indicating the equality of buyers and sellers... we will probably move to 24300 again and see unloading and correction be precious
After this currency reaches the resistance zone, if the resistance breaks, you can enter a long position, and after seeing the reversal candlestick pattern, you can enter a short position.
Following the previous analysis, the publication of the most important economic data of America, which showed the existence of inflationary stagnation in the economy, made traders optimistic about reducing the contractionary policies of the Federal Reserve in order to balance supply and demand, and this caused the demand in risky markets such as crypto and bitcoin...
According to the profit step formed in this width and reaching the resistance areas, which shows this growth as a correction for the previous fall, price correction is expected in these areas.
According to the previous analysis, Bitcoin is pulling back to the midline of the ascending channel in the range of 21500 to 21700 after breaking its main support areas, and on the other hand, it is facing the middle resistances of the fork and the 1-hour trend line, and since it has been able to more than from 50% of the previous rising wave, it is more likely to...
The total index, which indicates the total value of the crypto market, lost the 1 trillion dollar index again, which was considered psychological support, and if the candle closes this week, the next support will be 750B, which is parallel to the weekly trend line and the static price action area. . To see the previous analysis of the total index, pay attention to...
After the failure of the support zone in this currency, a pullback and price drop is expected, and it seems to be an attractive position for a sell position.
With the formation of a strong downward wave, it seems to form a base drop and the price will continue to fall
Following the previous analysis, due to the closing of the market yesterday and today, we have seen a not so noticeable strengthening of the buyers in the support of 22000, which is only a psychological support, and since a significant volume (at least until today) has not been recorded, this candle cannot be used to continue moving. Ascending was known as a...
Dominance Tether in the weekly time frame has obviously taken the second ascending step faster than the first ascending step, and the weekly candle that closes until tomorrow is being rejected and created and is rising, and this means that the power in the weekly time frame is still in the hands of the sellers of the crypto market. Is.
With the shortening of the ascending steps and the increasing slope of the descending steps, we are probably nearing the end of the upward trend in this currency, but to confirm entry into the short position, we need the presence of stronger sellers, which can be achieved by creating a lower ceiling or a higher ceiling with upward momentum. Weaker and confirmation...