Financebroker

Financebroker

Looking at the chart on the four-hour time frame, we see that Ethereum made a new high at $ 2225, that it still stands in the same position without making any pullback for now. We can continue to be guided by this growing channel with its lines as potential resistances and supports. Moving averages are on the bullish side and, for now, provide good support for...

Financebroker

Bitcoin reached its all-time high yesterday, reaching a price of $ 63,200, but we believe that is not the end of it. After bullish consolidation of around $ 60,000, we see that the momentum we have been waiting for has happened and launched Bitcoin at a price of $ 63,200. After that, we have a smaller pullback nan current $ 62700. Moving averages continue to...

Financebroker

Looking at the chart on the four-hour time frame, we see the movement in a growing channel with support for moving averages, especially with the MA200 and EMA200. For a stronger bullish sequel, we also need a break above the EMA50. The pair finds support at 1.94500 by retesting the previous higher high. If it doesn't last and the pair makes a break below that...

Financebroker

Looking at the graph on the four-hour time frame, we see movement in one ascending channel. We can use Fibonacci retracement levels as an additional tool to help determine the trend. If we look again at the chart, we see that the pullback in this channel is declining at certain Fibonacci levels in zone 61.8-78.6%, following the bottom line of the trend as support....

Financebroker

Looking at the chart, we see that we are moving in a growing channel. First, we can notice that the channel's first pullback was up to $ 1545 at 61.8% Fibonacci levels. After that, we have continued growth to a new historic high at $ 2200, just above 127.2% Fibonacci level. If any continuation of the momentum is likely, we will see a jump to $ 2346 at 161%...

Financebroker

Looking at the chart on the four-digit time frame, we see that Bitcoin managed to make a break above $ 60,000. We are currently consolidating around this psychological level expecting the bullish trend to continue soon. We have support in all moving averages along with the bottom line of trend support. The MACD indicator is on the bullish side, and we can expect a...

Financebroker

Looking at the graph on the four-hour time frame, we see that the pair is moving in a descending channel. The couple is currently finding support at 1,367,000, and for the second time, we are refusing in the same place. For a stronger bullish scenario, we need a break above MA20 and EMA20. Our target is our top channel line and the zone between MA200 and EMA200 of...

Financebroker

The chart on the four-hour time frame shows that the pair is currently testing the MA200 and EMA200 at 38.2% Fibonacci level at 1.19000. Since the beginning of April, the pair has been in a bullish trend from the previous low to 1.17000. after that, the pair finds support in moving averages MA20, EMA20, and MA50 with a break made above 23.6% Fibonacci levels. If...

Financebroker

Looking at the chart on the four-hour time frame, Ethereum found support at $ 1900 by retesting to the previous high at $ 1943. By setting the Fibonacci retracement level, we see the following. By setting the first Fibonacci level, the pullback ended at 61.8% level, making it higher low, which helped us form a certain growing channel. Ethereum reached the top line...

Financebroker

Looking at the chart on the four-hour time frame, we see that Bitcoin finds support on the bottom line of the trend along with the moving averages of the MA200 and EMA200. There is now a high probability that Bitcoin will again try to climb above $ 60,000. With the break above, we look first at the previous high at $ 61033 and then at $ 62000. The maximum target...

Financebroker

Looking at the chart on the four-hour time frame, we see that the pair is finding support at 0.76000; we are currently consolidating just above that level. From the top, we can draw one trend line: our resistance to the bullish trend. We need to pay attention to the Fibonacci level, and we see that the previous pullback was up to 61.8% Fibonacci level, and then...

Financebroker

Looking at the chart on the four-hour time frame following the Fibonacci retracement of the level, we see a pullback to 61.8% of the level, and then again the continuation of the bearish trend. We can expect the pair to consolidate slightly around 38.2% to 83,475 and then continue descending to the previous low of 82,250. Of the moving averages, only the EMA200...

Financebroker

Looking at the chart on the four-hour time frame, we see that Bitcoin is in a narrow space between moving averages. On the upper side, MA20, EMA20, and MA50, while on the lower side, we have support MA200 and EMA200. Below, we can pull the trend line that coincides with the MA200 and EMA200; a break below that zone opens the gates to $ 55,000, and even to the...

Financebroker

Looking at the chart on the four-hour time frame, we see movement within the rising channel, with a pull from high to $ 2145 for Ethereum. Moving averages slowly move to the bearish side, lowering the price down to the current $ 2,000. Once again, we can expect a retest to the previous higher high at $ 1944. If we see a break below that previously high, our target...

Financebroker

On the weekly time frame, we see that the pair, after touching the moving average of the EMA200 to 1.11500, is a real pullback to the current 1.10150 testing the MA200. Based on previous candlesticks, we could expect a further decline of this pair to better support. At this time frame target is, we can be 1,09150 previous lower high. Looking at the MACD indicator,...

Financebroker

Looking at the chart on the quadruple time frame, we see that the pair fails to stay above 130.50 and makes a pullback, looking for better support. Looking at the moving averages, we see that the MA20 and EMA20 are on the bearish side while we are now testing the MA50 at the psychological level at 130.00. The break below leads us to moving averages MA200 and...

Financebroker

Looking at the chart on the four-hour time frame, we see that the price of Ethereum is slowly losing ground under its feet, falling below consolidation to $ 2100, making an instant pullback to the moving MA50 average, testing the psychological level at $ 2000. the chart is very much set to move into a bearish, more serious scenario and lower the price even lower,...

Financebroker

Looking at the chart on the four-hour time frame, we still see consolidation below $ 60,000 with the increasing pressure of the average movers moving to the bearish side slowly. We can look at the MA200 and EMA200 as next support around $ 56,000 with the bottom trend line's help. Following the MACD indicator, we see that we are slowly moving into the red zone of...