Take a look at this beautiful chart. Even if ALGO/USDT pair is bearish on a long-term scale (bearish flag), we can hope for a quick recovery to retest this big flag. It can offer a 40% gains and it should be easy to trade.
I don't think its strong in 1H time frame, just an idea to share, maybe Bitcoin will drag a little more or run for retracement first . But it seems possible anyway . Let's see if break out today or tomorrow or early dump, anything can happen with this fundamental and manipulation .
Another pump may come next, price will hit between 7700-8000 at least the main goal for bullish from the start, in order to complete this rising wedge formation, and then you know what to do .
The market looks tricky, a clear pump up into the rising wedge formation and preparation for the bear? The buyers are strong within the bearish trend, the movement seems more to break out, with this manipulation makes it harder for prediction, its been 4 weeks streak high volume trade in the market, either break out or massive dump, depending on rejection between...
BTCUSDT overcame the 6185 resistance zone last week despite the previous two long shadow rejection candles that were formed. The pair is now currently trading near the mid-range resistance level of 7375. If the bullish momentum continues, the next target would be the 8275 resistance zone.
Printed 2 billion Tether before the third Bitcoin Halving.
If you refer to my previous chart posted you will see how I isolated the breakdown, and what a dump it was! I have left the curved trend lines which represent support and resistance, and in this chart I have extended the white curved trend line which is resistance, and we can see how the trend is curving down. I believe this white line is a solid resistance in...
BTCUSDT managed to trade above the 6185 resistance zone during last week but then got pushed back down. Last week's candle closed and formed a shooting star like candlestick which means that the bulls may have a hard time fighting the bears during this week. Currently, BTCUSDT trading at the 6185 resistance zone where the sellers are concentrated around this area....
BTCUSDT bounced off the 4470 support level and broke through the 5345 resistance level. The pair managed to close above the resistance level on March 18 and the momentum continued on the following day. BTCUSDT was able to break through the 6185 resistance level and barely closed above the resistance area on March 20 before it losing its steam. The bears came and...
we need to make sure our "bottom was a true bottom, we will dump a bit to make sure of this, Follow tether btc if you want to know the direction btc, Always follow the money
Just my imagination. BTC probably will go to $800 after another long-squeeze. But there is always room for HOPE.
Trading in Bitcoin is highly risk right now, DYOR ! Two rejection at the nearest resistance , another dump will coming soon . The violation do not stop due to corona vaccine come down from the Heaven .
Let's see if we break this short-term established channel to the up- or downside. A little pump wouldn't be a wrong thing in my opinion. Hope on the bulls! Cheers!
BTCUSDT managed to stay above the 8275 support level on March 2 and bounced off it. The pair broke through the 9050 resistance level on March 5 and stayed above the resistance level for a couple of days before the bears took over and gained control. The bears overpowered the bulls and drove the price down. BTCUSDT broke through the then 9050 support level and the...
i believe that this chart may take a month to be completed .. But I am pretty sure that BTC must visit 8000-7700 to complete a positive pattern of H&S . I am waiting
Again, a simplistic chart with a poignant message. Bitcoin on the 4 hourly is rather interesting, as we see the 50MA holding up and starting to curl to the upside, with the 200 MA curtailing down. A sure bullish signal is when we see the 50 MA cross-over the 200 MA and hold. I would like to think the Pennant, which is a fractal derived from trend lines and fib...