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Despite the exciting start to the new year with the BTC price surge, one must be careful at this stage in the price movement cycle. It appears that the market is attempting to test...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Looks like we are in a bullish falling wedge (or maybe even a bull flag) which should take us to the top trendline completing the triangle. The triangle has a target of 2.2T which is a 40% move up from where we are now. It looks like crypto wants to recover. We just might not go down to a 20k bitcoin like many people are waiting for. Again, things change but this...
Different levels for the price actions. Any could play out. Let us wait and watch. I am in a long though as there is a bullish divergence also. But I have displayed a neutral approach.
Feel free to comment and discuss. It would be fun to learn from you. I will appreciate your comment and feedback .
Disclaimer: Not trade signals or advice, only my observation.
We do have a nice uptrend on the 4Hr timeframe.
BTC needs tp break and establish 55K as support if it's going to continue this uptrend.
If this is accomplished the next barrier would be the ATH. Two things could happen here, it can break through the ATH take off to 60K or resist and create a double top which may push us back down. We have a major support level...
Everyone's aware of the recent explosion in BSV's price... Then it tanked back down. Is this back at a "local bottom? "
We can see a HIDDEN BUllish Divergence Continuation pattern here, which shows that we may be due for a continuation in BSV's price action...
Price still increasing, and RSI decreasing gives us this clue.
tl;dr: ~ 255 USD likely low for recent...
Today's bitcoin analysis:
Today Bitcoin completed the dip I have been waiting for the last days, I now expect that btc will find support and will test 4k again to see if it can once again try to go bull and confirm buttom was in weeks ago, if Bitcoin do not manage to go bullI will look for a dip from 4000 to 3500 ish
On the 12\h chart Bitcoin has a clearly...
Currency Pair: ETH/USD
Time Frame: 1day
Predict Price: Max 852.22$
Predict Time: 30th April~ 1st May
Update will be available in the comment section if necessary.
Disclaimer: Everything written here is for discussion purpose only and should not be taken as advice to invest your capital.Always Speak with a professional financial planner or advisor before making...
