Bitcoin has been in the downtrend for almost 10 days and shows signs of wanting to fall further.
If this time it hits its lilac resistance and goes back down, its fall will be more definite and it can easily break the 46700 resistance down.
There is no definite opinion, but my opinion is that bitcoin wants at least a bigger drop, and heavy BUY ORDERS in the range...
Price is playing around a key structural area but is failing to push higher!
Could this mean that price wants to push lower to take out the equal lows?
I believe price will play around this area and lure some buyers in before it collapses to the lower regions marked.
Once this has been completed we can look to buy!
Let me know your thoughts in the comments below.
The current trend is upward ... but we see that the higher the price, the lower the volumes ... as well as the divergence of rsi and macd line indicate the weakening of the trend ... as well as the rising wedge pattern, which is a strong reversal pattern The price level of 40,000 or 42,000 seems to be a good support level ... If this level fails, the decline to...
Within a couple of months, I watch over this chart. And wait a lot this diagonal structure. Now, I hope, that the nearest big drop put dots in places.
It's too much happy news around Ripple. This can't be so clean and simple.
Get ready to buy XRP much lower, than it is now!
It's going DOWN! 30/40 PUTS seem interesting from here... 2023 EXTRA LONG PUT! I think that's a pretty safe shot. And if it happens to correct prior you should still make good profits before that happens. I'm in and it's working for me so far...
Hello everyone, as you can see ADA is trying to break through a strong resistance right now. All the altcoins had a big growth today but we may see a pullback in the following days due the hypothetical recover of the BTC Dominance.
I am expecting Cardano to fail the break through and bring us down to the support level ending our current uptrend.
Make sure to...
6 Weekends out of 10 are Bearish with crypto , this is one point of view. However when do we continue the trend into the week?
Usually this happens with the following recipe:
- take 1 or 2 spoons of FUD
- 1 spoon of false retrace
- a handful of sell orders near critical support levels
- all of them happening in a bearish pattern on high timeframes
The 30k...
Hi Traders,
Just quick idea, RUNE sounds like nice project (Fundamentally).
But we can be still far from fair entry price. Depends what will be next move of Bitcoin. (My expectation is 1 more wave down to 25-20K; later 17K possibly).
So Rune could drop to 2 or 1 USD. (My ideal buy zone).
We need more data for much propper EW count. now the waves are...
Wait for daily and 4h Close under the red trendline (under of the TRIANGLE)
this maybe last bitcoin drops,
be careful traders this is ACUTE time for BTC and all of Altcoins...
Hello guys, this is my analysis about Solana (SOL). I am expecting it to drop and allow us to farm it a bit at a lower price.
Make sure to check the chart many times before getting into the market and before getting out of the market.
Thank you for your time !
Drop a like if you wish that would push me to post more posts about Solana !
