Bitcoin lost its ascending trend line which was kept for more than 13 days. Now it's time to go lower, Minimum up to previous support zone(28K-30k). Follow "TahaZargar" account on trading view, Most analyzes will be published there FROM NOW.
We are still in an ascending channel which is directing price to HHs and HLs, Therefore we think price can go higher from this area. Reasons : Pullback of previous wave had done up to FIBO 68%. We are in ascending channel. We are in range market and top of this range is 41K area
We waited for Bitcoin to see the 31800 area since yesterday, Now we expect see some bounce here from Bitcoin. We said that Bitcoin wasn't strong enough to break 35000$ and we expected to see 31800 zone which is happening now. This time, according to the analysis, we expect Bitcoin to start moving towards 40000$ resistance, This time 35000$ will be broken...
We think this is good opportunity to take Long position This will be bitcoin's path, Break out done and now we are in a pullback of previous wave We are going to take long position here with proper money and risk management Position details: R/R=6 / LEV= 1X & 2X & 3X depended on your risk management move up your stop loss to your entry level after that TP1...
During Bitcoin's crash XRP lost two important support, Static and dynamic support was broken by a strong daily candle. Now we expect some weak uptrend up to previous support and then more fall. Good luck
It seems Bitcoin will remain above 30000$, We shall wait to see daily candle but I want to share my opinion about Bitcoin sooner! With that beautiful Pin bar I expect some side way movements here and a quick wave up to Daily channel mid-line around 35000$(Upper and lower lines are hide) At the moment, the explanation is enough, let's see what will happen I will...
Bitcoin is among two trend line and is being compressed (Wedge pattern) Depending on which side the breakout is made We expect these scenarios Good luck
ETH is near a strong support area and a trend line which kept price for around 160 days. Also strong static support area kept price for over 60 days and this two strong support areas are combined here! It worth to take long position with 3.83 R/R
High volume during last few days Strong support (Blue area) Ichimoku cloud is thin Wait to break out and buy in re-test if u want to Enter Your stop loss can be 4.99$ after break out and re-test
During the last few days, good news Moved Bitcoin upwards with strength But Bitcoin is still in a downtrend channel in the Daily Time frame. There are strong resistances in Bitcoin's way such as 42K resistance and downtrend channel upper line and Ichimoku cloud. I think we will see some sideways and then downtrend movements with a slightly descending slope may...
SOL breaks out its wedge pattern and is going to hit 35$ as TP1 and TP2 in order
BNBs future direction is depended on 2 Trend lines, The blue one and Red one, Although the price is still moving in downtrend channel but there is hope that it gets out of that. Bullish scenario: If we see a daily candle close above the blue trend line we have witnessed the Break out of the channel! and according to channel break out targets, we can see a 50%...
According to our previous analysis Bitcoin failed to break out upper trend line and see 42k because of some bad news and chose falling scenario. Well, the current state of bitcoin is good and we had some good news about Increasing admission of BTC in different countries. At the moment I am writing this text Bitcoin is breaking out mentioned important resistance...
After Bitcoins drop market had recovery with low slope now this is time to make decision 42K and more or 30K and lower? In my idea the chosen path will be 42K Good luck
Bitcoin crossed 37200$ resistance and was pumped up to 39466$ at highest price for today. I think we will see a downtrend wave up to 38000$ area and then price must choose one of our scenarios. Because of resistance which is located above price now I think A scenario is having more probability. And about B scenario if it happened I think price will break upper...
XRP is one of the best coin which has worth buying. Buy in these areas if U are holder or Long-Term trader. I will share other TOP coins best areas to buy as an update of this Analysis. comment your favorite coin name if u want to know Best buy zone for that
Opportunity to Take long in future with proper LEV or buy in spot in mentioned zone. With touching mentioned area at least TP1 is expected
Price movement range will be kept between 42K and 30K until one them get break, Bitcoins overall trend is Bearish as long as it is moving in this down trend channel( Broke of upper channel line is needed). Strong resistances are on the way of Bitcoin, Hope to see strong support around 30K