BTC| Bitcoin Is Rising Above 20K Again On yesterday's idea bitcoin was showing this triangular pattern as a double possibility movement. Today after lower than expected NFP data the price managed to break above the pattern and the chances are very high that we can see it keep rising. Details on the chart. Thank you and Good Luck! Previous Idea:
ADA | Cardano | The Lower support should push the price back up Since mid of May-22 Cardano is moving within a wide trading range after tested a strong key support area coming from the weekly chart. It looks like Cardano found a comfort trading zone located between 0.406413 - 0.579958 and 0.663290. Price is testing the lower support again and the bullish...
Bitcoin | A Trend Reversal or a Trend Continuation Pattern? Since the previous week when Powell spoke on "Jackson Hole Symposium" both Stocks and Crypto market are suffering losses. It looks like that bearish shadow is still covering the markets and the rumors for an interest rate hike from FED one ne next meeting is not helping the market at all to...
Today, we want to introduce to you a new trading token WBT - token of the largest European crypto exchange - WhiteBIT On August 14, a presale of 1 million tokens was held, which were sold out in 15 minutes. A great result. On August 25, token trading started at $1.90, and then the excitement and confidence in the WhiteBIT crypto exchange drove the value of the...
Ethereum| Time For the 5-th wave! Elliot Wave Analysis! As we can see Ethereum keeps developing and we can probably be in the 5-th Elliot Wave price development. On the first wave price completed a normal zig-zag correction. On the 4-the wave, the price looks like it is close to the completion of a "Falling wedge" the pattern that is also a deep...
ZEC / USDT (Zcash) | Will The Price Bounce Above The Triangle? As all the other currency pairs Zcesh is still in the red areas given the fact that BTC is still holding all the other currencies down very strong. On the actual patter Zcash is creating a type of contracting triangle. A breakdown of the price below 59.30 cash help it to move lower. A break out of...
📣Bitcoin Price is still developing within the box. Resistance is found near 21.8K and support is found near 20.8K Bitcoin is finding it a bit difficult to move above it now but it is developing good for the time being. It is an accumulation moment. However, a movement above 21.8K will confirm the next bullish wave. Targets on the chart! Thank you and Good Luck!
Finally, WhiteBIT Crypto Exchange released the WhiteBIT token (WBT). WBT is a utility token of the largest European cryptocurrency exchange, WhiteBIT These are very big events for all the brokers joining this new journey. This is another dimension for the broker considering that they are used for different purposes within the broker. One of the most...
Hello colleagues! 👋 The fight for the Bitcoin growth trend continues. Yesterday, August 24, at 19:00, buyers managed to update the local maximum and stop at $21,900. However, all the sellers were able to do after such brazen actions of the buyers was to adjust the price of BTC within 3 hours: Something similar happened on the night of August 23-24, ...
Ethereum | A Short Term Perspective Ethereum Developers have officially confirmed September 6 as the date of Ethereum long anticipated transition from proof of work to proof of stake already known as the Merge. The merge will be split into two upgrades called Bellatrix and Paris. Bellatrix is timed to occur on September 6 and Paris will be triggered sometime...
SHIBA | Price Is Testing The Support Zone as Expected As we have discussed also earlier after Shiba reached the previous targets from the previous analysis we were waiting for the price to move down again. Now the price is testing the support area and it has the chances to move up again. The support zone is the old broken resistance were the price was stopped...
ADA | Cardano | Simple Range Trading Strategy Price is testing again the lowest part of a historical structure. The support area is giving us the possibility to join the bullish wave that may come during the coming days. PS: A price movement below the support area will invalidate this trading idea. Targets on the chart! Thank you and Good Luck!
XRP | Price Is Testing The Lower Support Again 🚀 From the Ripple chart, we can see that the price is creating a very nice "Ascending Channel" pattern. Actually, the price is testing the lower part of the support area again and the minimum price movement is expected to the "E" wave of the pattern. XRP on the higher time frame has a very high-profit potential...
BTC| Will The Price Increase Again After This Strong Sell-OFF? The market is getting very caotic today and by creating a lot of panic in the crypto market. Bitcoin made a very fast downward movement by decreasing its value in with 4 days by -14.90% and only today by -5.5% Technical Analysis: Price is testing the lower support area that is holding the price...
Ethereum | The FOMC created useless bearish volume | Bulls Are Back Again Since the news of the merger was released, we have seen ETH build a very strong bullish accumulation volume. All the patterns we see on the chart are shown that day by day many traders are trying to take advantage of this rare opportunity that will affect one of the crypto...
Bitcoin | What should you expect from BTC today? Since the previous analysis that we are following BTC, we have seen it advancing with small steps and big steps as well and all the time the pullback was big. Nevertheless, the price is still holding the bullish volume and this is a good thing for our trades. Yesterday the price reached one of our support areas...
Solana | The Price Could Reach $53 Very Soon Nevertheless, the attach that Solana had on August 2, we saw that the price didn't move down at all. An unknown actor has drained over 8,000 internet-connected wallets in an ongoing attack on the Solana blockchain ecosystem. However these situation was clarified later when the Elliptic chief scientist Tom Robinson...
SHIBA Is Picking Up The Bullish Volume Again On the daily chart Shiba completed a bullish harmonic pattern in the same area where the price was one year ago. After the price tested the support area it bounced up again. Since June 20 and until today the price look like it is accumulating very large bullish volume. The white box that I have pointed out is...