This should bring out both bulls and bears! 😱
It's an amazing and long channel.
The bulls will say that it's a breakout of the channel. The bears will argue that it means the NASDAQ will crash.
I'm not into that debate. It's a dangerous one.
Overall I think there is a slightly greater probability for the south based on the channel - but how far south is big...
I think Solana will be supported in the green zone and will go up to its previous ceiling. I suggest you do not take the risk and sell it for $ 190.
Of course, we have to wait for the RSL14 to break its resistance line chart.
MACD chart agree with me.
BTC has successfully retraced 61.8% in the corrective waves (ABC) and we can consider this phase to be done. An overview on the H4 timeframe will tell us that BTC is in its 3rd wave (bullish) and longest. Round numbers are our next targets. Will it be able to reach the 60K by the end of the week ? Supply and Demand will tell, that's why you should fasten your...
as you can see at the last trade of my channel we exactly reached the 505 now we have been supported and we are on the way of braking out from high so i ssume the first short term target is ( 548 ) still not confirmed but this is an spicial area.
SORT-TERM ANALYZE HRM
Since the beginning of 2020, the action gradually falls , the jumps are very limited, which shows resistance.. Buyers are not able to overcome the various obstacles.
Finally, bitcoin cash is an investment opportunity. The price has not experienced high volatility in recent months, which means there is a strong recovery to be made. Investors should see this as...
We see a demand base at $345-$280 blocking the price to drop as a result of the falling wedge caused by the Q3-4 transition.
After the stock jumps above the wedge (breaking the trend, see red circle), we see it respecting & hovering around the 382 support established and respected at the following dates (10th December '20, 16th November '20, 10th November '20,...