ROSEUSDT in the moment formation of the day formed a global reversal set-up, which failed, but formed a strong support base. The price is now breaking resistance and confirming the intent of the market. After the formation of a strong reversal area, the price from the channel resistance forms a retest of the support area 0.05-0.04, after grabbing the liquidity...
Bitcoin surges forward and tops out at 31035, then returns to sideways movement and gains energy. What to expect from the price? On the global timeframe (chart on the left), we see that the price is trying to test the global high, which is around 32000 - 33000 . Price forms a strong correction after the first rally, but the second rally ends with a strong...
JASMY forms a global reversal pattern, which opens new potential. The coin forms a pre-breakout consolidation near the upper limit of the channel. The price successfully breaks the line. JASMY opens for itself a new range. On the daily chart, yesterday, the price breaks the resistance and closes above the line, forming a local resistance level at 0.006577 and...
BINANCE:BTCUSDT Bitcoin is respecting the trend lines in red, channel shows clear support and resistances. higher lows and higher highs,(bullish) could easily break out of this channel with some good buying volume. Gartley visible, if longing, stop loss on the X and take some profit on A, cautiously optimistic. jt
Bitcoin has been in a narrow consolidation for 3 weeks. The upward price channel, numerous retests of resistance and absence of decline determines quite interesting prospects. The chart clearly shows the formed ascending price channel and prolonged price consolidation in the resistance zone. We do not observe the standard situation - falling after testing....
ETH needs a very strong penetrating force to break through 1,980-2,070 level It might go down first to pick up that much needed energy
We looked at this timeframe once in the past and this is a very important one. Tether Dominance closed last month on a strongly bearish candle, this month it is moving again below EMA10... USDT.D has been below EMA10 monthly only a few sessions in its entire existence... This is a major development and ultra-bullish for the Cryptocurrency market; Bitcoin &...
fallen wedge on the weekly, bullish pattern,provided you guys with some range lines for you to check your entry and exits positions. when in doubt buy support sell resistance. nfa dyor BINANCE:BTCUSDT
NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful. The 4-hour moving averages act as support, forcing price to test the triangle resistance line. The price is consolidating above the liquidity zone, hence there are more signs that the price may rise...
Since everything I share is bullish, it is good to read the Tether Dominance chart to look at some of the bearish signals, for learning and entertainment. We have the lower highs mixed with candlestick reading. 1) The inverted hammer as a lower high (double strength). 2) Doji after lower high inverted hammer (triple strength bearish signal). 3) Rejection at...
Bitcoin has been in a strong consolidation for two weeks, which is starting to form a pre-breakdown formation. The next retest of the 28650 level will be able to implement the buyers' plan. What is going on and what to expect from the price? The flagship is in the stage of realization of the fifth wave. It is worth paying attention to the consolidation. 1....
Storj / TetherUS forms a set-up that allows you to open long positions. Price gains support from moving averages and breaks wedge resistance. Given the increasing potential of the cryptocurrency market, many altcoins show positive dynamics, while bitcoin is in a strong consolidation and also waiting to reach the important mark of 3000. Storj in a double signal...
The Bitcoin cycles get really repetitive once you layout the movements like I have here we start to see the patterns it creates. I don't daily trade I don't recommend you to either, open your mind to a further time frame and setup prior to these movements giving you freedom to use lower leverage if you do trade. I use the L-MACD (Logarithmic Moving Average...
Bitcoin tests the high of 28868 and forms a correction, thereby presumably defining local resistance to the uptrend. The coin is in consolidation and let's try to figure out what to expect next Geopolitical uncertainty and the ongoing banking crisis are factors contributing to Bitcoin's growing appeal as an alternative investment. The flagship cryptocurrency is...
BTCUSD - After plummeting to $19,700 last week, Flagship found support at its 200-day moving average , in the same area where the support level from 2017 passes . This area helped the flagship recover and overcome the previous resistance level of $25,200. After a month of fluctuations, bitcoin is now in an uptrend, trading at $ 27,400 . The 200-day moving...
USDT Dominance is currently at a level of strong longer term trend SUPPORT (i.e. market resistance level). Red circles represent contact with the current trend support which signals the selling of USDT (i.e. buys in the crypto market), with a current double bottom shown. Green circles represent the current trend resistance hits and USDT sell-offs (crypto...
This is the first time ever we look at Tether Dominance on the monthly timeframe. This is extreme bearishness what I am seeing here. Let's start at the end, the stage is set for a drop to 4.10% minimum, that's the conclusion. I mentioned that this would translate to Bitcoin at around ~$40,000. Notice the "~" symbol, which means more or less as it should range...
Last week closed as an inverted hammer and this was the "last hooray". EMA50 still stands as support but we have multiple lower highs since June 2022. The weekly MACD just entered the bearish zone: The weekly RSI is also showing a strong bearish bias: All the USDT (Tether) will be used to buy Bitcoin and Altcoins. Here we can see clearly on the daily...