BTC is in the Buy Zone (current price down to $6800).
I do not think we see the Nov.25 low of $6500 again.
RSI is currently below 40. RSI was recently as low as 22.
If we see RSI this low again, this would be like a double bottom on RSI which I consider bullish.
Based on the RSI trend, I don't see these "BTC going to 5K" predictions accurate.
Hey traders, looking at FETCH.AI coin today trading on Binance.
If you're in my Telegram group, you would've known to take profits at this 1st sell target area of 762 sats, now targeting 1134 for an additional 50% move up.
Right now we're having heavy resistance at the 762 sat level, but we'll get through the turbulence. Anything under the 1st sell target is a...
MATICBTC is forming a falling wedge after the current huge dump which usually ends in a bullish breakout.
We can see bullish divergence on the 1hr RSI and it's close to the 0.618 fib-level which is the usual reversal zone for retracements.
You can either wait for the breakout to lower your risk or get in now to possibly get more profit but with the risk of a...
At this Trend analysis I would like to focus on XLM channel.
I think this is the decission zone for XLM if it will start pushing up or if it will keep channelling down agains the USD pair.
Self explanational chart for easier tracking.
In case of any questions do not hesitate to ask in comments below.
thats pure harmonEy.
with the DJI 90 year cycle coming in july of 2022 lands basically dead center of a 9 year cycle from bitcoins current ATH.
Set yourselves up to buy this market this coming march...(sell til then) and leave it open for your kids, kids, kids...
Good evening Gents.
Same chart, nothing new to draw.
After falling to the target the ascending trend line has finally been retested.
Short and sweet...BOTTOM IS IN! Swing it!
Happy and safe trading folks.
still watching this ascending triangle play out. looks like its holding support at 7140. earlier it wicked to the pivot point at 7080. this looks to be a bear trap breaking out for a peak, but we should see some action to the upside very soon. break up could be very fast, or we could ping inside the triangle till around December 20th.
As I shown at the chart bitcoin is forming small W shape which can end at very important level 7700$ which is breaking the resistance and meaning always big moves! There we have 2 different scenarios: A) it could break 7900$ - which is most important for Bulls and will start fast run for 9400 $ (yes 8k level will be again so short) or B) it will slowely fall to...
BTC- Has been rejected by the yellow FIB ring since November 22 and BTC has been trying to break past it since November 22nd with no luck.
if BTC is going to break out of that ring which would be a very bullish move indeed then BTC has to confirm this by moving above 7225. A successful close above 7225 currently is considered very Bullish to me as BTC would...
TOMO provides Triangle setup. We can use target points at
T1 — 10% (big resistance, selling 50% position size)
T2 — 20% (selling 30% position size)
T3 — 30% (selling 10% position size)
T4 — 35% (selling 10% position size)
If price will hit stop loss, there is high probability of going to support zone of 3800—3600, where I expect 10% up rebound.
Have a nice...
Monero is at the edge of completing the Right Shoulder of the Inverse H & S pattern. If price can break above 7660 sats,
Expect further upside movement as the market structure will turn from bearish to a bullish uptrend.
Today PrimeXBT will be offering a technical analysis overview of BTCUSD.
While many in the crypto community are looking forward to the upcoming Bitcoin halving in May, analysts are generally noting that Bitcoin’s price may be close to gaining at least some upward momentum.
Bitcoin is currently forming a pennant on its 1W chart. We can also see that...
We are currently at important levels.
I believe that eventually price will drop to the 6000 region.
The question is if we will first see a retest of broken support and the top of the channel.
What do you think?