BNBUSDT is in a neutral phase, the market is in a sideways range and continues to test support 274.8 for a breakdown. Price is forming a "Head & Shoulders" pattern. The global chart clearly shows price testing global price channel resistance and continues its decline. The H&S pattern is formed after a false breakdown of resistance 336, which tells us about the...
About to explode up. Likely means that ethereum is losing value much faster than bitcoin. This is bad for the whole crypto sector, similar to the gold to silver ratio. What happens next, is uncivilized.
BTCUSD what do we see? The price is actually sandwiched between the strong trend resistance from November 21 and the strong support level of the uptrend channel from June 18, 2021. The price on the upward momentum tests the downward resistance and falls to the support where it goes into a consolidation phase. Next I will break down two situations: Long and...
Not financial advice and no guarantee, but I see a potential Quasimodo pattern
SANDUSDT - Very weak coin on the background of the whole cryptocurrency market. We continue to see the price drop after SAND went below 1,000. The global chart clearly shows the weakness of the coin, the price is not able to renew price highs on pullbacks with volatility ranging from 40% to 80%. In total, the market is down almost 90% at the moment and we see...
LUNA CLASSIC is poised to either make a nice dump or a nice pump. I am leaning towards a nice pump because I think the Ethereum merge will go just fine. Once the merge happens and theres no apocalypse then the market will continue its bull run. If Ethereum does have issues, whether small or big, the market is going to respond very negatively, and a flash crash...
BTCUSDT. Why I think that in the global perspective bitcoin has no energy for growth (I am guided by technical analysis without fundamentals and "pump" theory): We have a global downtrend channel that started with the peak of the "H&S" pattern from November 2021. Price has tested the resistance three times without the possibility of a breakout. There is strong...
FLMUSDT The main trend on the chart is downward. For a long time the coin is moving behind the cryptocurrency market - going down. According to the price highs we can determine the formation of the resistance trend line and we can see how today the price breaks the downward line upwards and the price impulsively tests the resistance at 0.1210. The price...
XRPUSDT. On the chart, we see the change of the uptrend to bearish and a good opportunity to enter the market, as the price is trading near the resistance zone. On the chart, we can see that from the support 0.2935, the price forms an upward price channel, but could not get above the level of 0.3875, the price made only a false resistance breakout and started to...
BTCUSDT breaks the 19830 limit zone and forms a strong bearish momentum within the bearish price channel and thus tests the 18626 support level and channel support. We see price making a false breakout and starting to form a pullback Since we have a strong bearish trend, I think that the momentum might not be over and if the price stops and goes back to retest...
HBARUSDT is trading in a bearish trend, but on the local chart we see the formation of a bullish set-up "descending wedge". On the chart we see a breakdown of the descending wedge resistance and testing of resistance 0.0632, I expect that on the retest of this level its breakdown with the subsequent activation of orders and a strong surge in volumes is possible....
BNBUSDT is in the stage of formation of Head & Shoulders pattern. We are watching the upward price channel break after the price tested resistance 336.4. On the chart I have marked the key patterns: upward channel, head and shoulders pattern and an attempted trend change. The global movement is a bearish trend. There are chances that the price is going to...
ETHUSDT Breaking it down: The global trend is still bearish and there is not yet a strong price reaction to change it, recently we saw a bullish movement, which many considered as a trend break. After the price tests the trend line from November 2021, the price reacts and forms a strong downtrend impulse and on the pullback it consolidates under the trend support,...
As We see...tether broken its up-trendline and wanna go down...if it happens btc can rise to 20500 and even 22000 if support...watch out...follow my daily and hourly analysis
BTCUSDT The price shows us an interesting situation and thereby trying to confuse. On the chart, the price after the activation of the bearish set "Rising wedge" forms a downward price channel and two strong downward impulses, within which the fall was about 18%. But if you look closer you can see a downward wedge within the descending price channel, the price...
If Tether.D stabilizes above 7.08, Bitcoin may creat a new low .
It's the time of the bearish trend for all cryptocurrencies. The crypto has been in a continuous downtrend since early November 2021. Perhaps we are at the beginning of the end crypto! "Europe must ban Bitcoin mining to hit the 1.5C Paris climate goal, say Swedish regulators"