50K was strong enough to start correction and this is just the beginning of fall or correction. Targets and supports ahead: A. 44000$ B. 41000$ Notice: if the price starts the pump and breaks our resistance zone that is the blue zone then it is going to test the resistance of 50K once again and maybe double top on the daily chart and fall. Notice2: price can...
AS we can see we have a global trendline here that price is now touching it so we consider two main resistance zone here First:1807 that price is touching pressure now. Second: 1812(if this local resistance breaks then more pump is ahead). DISCLAIMER: ((trade based on your own decision )) <>
Ok at the beginning we should consider this, that the end of wave 5 is not yet clear or it is not completed yet so we are looking for 50K resistance(and also 0.6% of Fibonacci retracement level) as the end now . after we reach that red zone or maybe a little more pump then the price can start correction as mentioned on the chart too. DISCLAIMER: ((trade based...
Short-Term Analysis This analysis is for short-term traders and we are looking for a deep fall in the next hours only if neckline breaks and we receive that confirmation of fall. Targets and supports ahead: A. 47000 B. 45000 C. 41000 Notice: if this pattern doesn't complete then take look at what we said in the previous analysis linked below(daily chart...
As we can see in lower timeframes like the 4H price is just received trendline pressure and if it continues pumping it can reach strong resistance of 50K and then it can dump. Targets and supports ahead: A. 44800 B. 41200 C. 38000 DISCLAIMER: ((trade based on your own decision )) <>
INDEX:BTCUSD #BITCOIN broke the uptrend line (green line) in the late June 2021 and these days it's pullbacking to it. A divergence (blue line) can be seen in the last days move which could lead to a divergence chain; so, a possible path for Bitcoin could be a sideways trend together with a divergence chain, like the one happened from late Feb to early May 2021;...
the fall and correction already started and the reasons mentioned in previous analysis a lot (like 0.5% of Fibonacci retracement level) now we have three possible scenarios that all are Bearish: First: continuation of fall from this area and reaching targets like 42K--40K Second: again price start to show some strength then we consider right shoulder for...
After going through a harmonic pattern, Cardano has reached the end and his previous ATH and has to decide. Of course, Bitcoin also played a role in its rise and Bitcoin also reached an important area, and it is likely that Cardano will go down and make a correction and continue stronger. Please write your idea to us
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!
As we can see the price now may retest the broken trendline and pump more to the major resistance zone (50K also) or it can see more correction and get back below the trendline and if this happens then we had a fake breakout and the price can fall more to our support zone. DISCLAIMER: ((trade based on your own decision )) <>
Bitcoin reach an important resistance after a strong uptrend and we saw a fall after each hit. If the price can break the uptrend line, we should expect it to fall to the price of 45,000. But if it is supported, it will return to the resistance again, and if it breaks, we can see an uptrend to the price of 50,000.
Lets take look at daily view first: now here price is showing weakness near our first daily resistance zone (blue zone) and it can easily fall hard to our support zones. DISCLAIMER: ((trade based on your own decision )) <>
As we can see the price was bounded here for about 2 days and in lower timeframes, it is creating reversal patterns like this double top if the price sees some more correction and break this local support and neckline then a huge fall is ahead. price need to retest Fibonacci levels and at least 0.38%. Targets and supports ahead : A. 42500 B. 40000 C....
Nasdaq was not able to break its important resistance after several try, and we saw a good fall after each hit. Even now, Nasdaq has hit the resistance and continue fall. If the price is supported after hitting the trend line, we can expect a return to the important resistance. But if the trend line breaks, we will see the fall to the goal.
As we said before, there are two main resistances here after this 60% pump: First: 200 MA resistance of daily timeframe that we had analysis about it linked below. Second: New trendline that formed in lower timeframes like 4H and we can see it in the chart. So we need correction here technically and we are looking for targets like: A. 41600(50 MA...
200MA is a strong resistance zone here for bitcoin and it can dump price soon, price break it once around 20-22 May, and retest near 26 May. But now bitcoin again reaches this resistance zone after 55% pump and without any heavy correction as we can see on the chart. so we may have some local range or correction here maybe retest 0.38% and 0.5% of Fibonacci...
On daily time frame we can see every thing is clear and main resistance zone remains valid as we mentioned on previous analysis too: Notice: if and only if price break this red zone we will look for targets like 50K.