Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance. Pivot: 3024.10 1st Support: 2960.89 1st Resistance: 3128.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
#VET VeChain is forming a bullish flag pattern on the daily chart🔍 The price is currently testing a dashed resistance level and is also bouncing from the 200 moving average👀 This could lead to an upward move, with targets at $0.0515 and $0.0750🎯
Bitcoin is in the bullish channel on the weekly time frame And it can correct up to the range of 52000 to 50000 according to hitting the ceiling of the channel Because a lot of buy orders have been accumulated in the support range, and the 200-day moving average shows the announced support range in daily time. If bitcoin is corrected, altcoins can have a...
Crypto markets have so far shown resilience after what has been an eventful week to-date. On the 1st of May we witnessed Bitcoin trade below both the March and April lows, where we then saw four consecutive days of buying resulting in a 14% rally back to $64,500 USD. 👉The next few days will be key in understanding if the bulls will continue to show up, we...
Dominance Tether bounced back higher after hitting the support zone The red range is the dominance resistance, which goes up in case of Sharp's failure In this move, Sharp Bitcoin reaches the range of 52000
Resistance holds in at 200EMA/3210 dropping ETH back below short-term EMAs. An ascending pattern has been outlined and will be adjusted if additional points come into play. For now we can expect a drop to 3k but closes should remain above this zone. www.tradingview.com
Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. Zones of accumulation and distribution of this asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses on a scale). Setting trends in the crypto market. This is how the trend of this crypto coin with its own blockchain of...
This is my first published idea. Im not very tech savvy, but here goes. We are tracking a falling wedge and BTC corrected sharply, challenging the recently formed downward trend line. But now price action has mostly stalled over the last 10 hours. We are seeing bearish divergence on shorter TF's on the RSI and MACD. BTC is pressed right up against resistance...
From the previous market, the price of the crypto asset will rise significantly after the Bitcoin halving event, which matches the current market conditions. So expect a bull market in the next year and a half. From the perspective of sentiment analysis, the current funding rate of the Bitcoin perpetual coin market has remained slightly negative over the past two...
Bitcoin's path to $80,000 The daily candle continued to close above 59,000
Here P forms a channel. Go in the direction of the break. Or hedge at the opposite extreme, cover at the break, and then ride the momentum at the break.
The popular meme coin is making a head and shoulders pattern these days. If this template is completed, it can modify to the specified size This is not an offer to buy or sell Thanks
I believe that dogecoin embodies the best about crypto, and it will shine a continuation of the bullmarket if it comes to happen. Today marks a low risk in my estimation due to the fear of war. Only strong hands should try to trade this.
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
This is just a test, do not take this as advice. I think we have a fairly significant dip before the next positive turn, possibly all the way to $2400.
The 21 week MA was tagged last Wednesday for CRYPTOCAP:BTC Watching the 21 week SMA & 50 week SMA can serve as a great medium term risk gauge for Bitcoin Crosses of these moving averages have been decent 🟢buy &🔴sell signals to date The 21 week SMA held for the 2015/17 bull run, and it holds today. All the same I would not be surprised to see price...