Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows. As the armed conflict with Russia began, the impact on the fiat currencies of both countries was immediately apparent. While the Russian ruble suffered noticeably more, the Ukrainian hryvnia also fell, targeting 30 per...
LiteCoin ( BINANCE:LTCBTC ) is at or slightly below its all-time-low, sitting at a historical support line at 3000 Satoshi. The great thing about this is we're seeing a consistent RSI divergence that has been playing ever since the first time it hit 3000 Satoshi in Feb/March 2017. Every new bottom since then has has higher RSI low. Most importantly, the latest and...
Litecoin price analysis shows a bearish trend today. Litecoin’s current price is 104.37 Resistance has been tested at $110.1 but strong support lies at $100 Litecoin opened today’s daily chart with an increase of 5.69 percent, a bullish momentum. Litecoin price analysis in the last week has retraced to the $100 level. However, things turned bearish soon after as...
Bitcoin has reached a very crucial level of 34k to test double bottom. We will expect the price might travel a little further down to 30k before any buyer comes in. ----------------------------------------------------------------- Please share your thought in the comment section. Give a like and follow me for more idea.
The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in...
Ripple (XRP) bounced off $0.66 on Feb. 2 and the bulls pushed the price above the 50-day SMA ($0.72). The buyers will now attempt to clear the overhead hurdle at $0.75. If they manage to do that, the XRP/USDT pair could rise to the downtrend line. The bulls will have to push the pair above this line to indicate that bulls are back in the game. The pair could then...
Hello traders 𝐁𝐈𝐓𝐂𝐎𝐍𝐈𝐂 here, As we see BTC is back in a uptrend after a huge drop to the downside started from nov 9. The market will not make such a huge bounce back to his all time high. We have an important key level (described on chart). In my opinion it will retouch it and form a abcd pattern. Soon or later the market has to get exhausted but we will see!...
Hi Traders Please see the above chart of Gbp/Aud. We have taken an entry on this already at that start of the week which is currently running over 240+ pips and there is still some left to get in! We will be monitoring price for a pullback into either an EMA or the trend aswell as looking out for things such as a bearish flag etc. # Plenty more downside...
I have posted before about a scenario where we could see ICP hit $10 or less. That was used using a linear chart. But what if we plot it into a log chart. As you can see, the short term chart is showing a clear descending triangle pattern. This is bearish. The measured breakdown would place ICP in high $15's which is confluent with the bottom of the descending...
Longing Luna from 45.93 Stop Loss: 43.46 (bellow the 2nd last 4-hour wick) Target 55.05
Hi to all, BTC couldn't break the resistance area for two times and come below the ascending trendline. I think we can short it from here and target 34.200 / 30K levels for next week. Good Luck!
Another entry with 1:5 risk ratio This is for my personal analysis and investment purposes. Neither recommendation nor advice. Happy Trading and feel free to follow
The chart is in the weekly period and covers all the data; so I plotted on a logarithmic scale to show the magnitude of the movements. Bitcoin, which lost 50% of its value compared to the highest level it saw, came up to the 100-day exponential average and although there seems to be a negative divergence with RSI, and it has a hard time holding the 35.600 level....
Everything is clear in the chart and you decide to buy or sell at the end of the arrow line.
Looking at adding to long term holds as we currently are seeing deep retracements in the crypto space to some previous key areas. Looking at Uniswap, Fantom, Ether, BAT, and Hedera to add to my current holds on each.
Structure broken, awaiting to retrace back to 3050 level.
There are a cluster of lows around this area so price will most probably want to take out the lowest low before going higher. This is due to traders stops being positioned under these lows so eventually the market will gravitate to these and take them out and possibly go lower to shake off retail traders before going higher.