Potential levels of support at Fibonacci levels.
We see a pullback to 61.8% Fibonacci level at 77.80 and a bounce back to lower levels on the four-hour time frame. Moving averages are forever on the bearish side, and we are currently testing the MA200 with the first potential support at 38.2% level 76.95. Looking at the MACD indicator, we see that the bearish scenario is on the chart with a tendency to continue...
On the weekly time frame, we see that the pair makes a pullback for a potential new momentum after coming close to the resistance zone. We are looking for the first support at 1.26000, where the moving averages MA200 and EMA200 are waiting for us. If we look at the MACD indicator, we see that the signal is at the maximum of the current bullish trend and that we...
Following the chart on the four-hour time frame, we see that Ethereum finds good support above $ 2000 but encounters resistance at 127.0% Fibonacci level and is now consolidating at that level. The bullish scenario is still in effect but with little hesitation before the next major step. Moving averages support Ethereum above $ 2,000, so our next target may soon...
Looking at the graph on the four-hour time frame, we see that we haven't moved much since yesterday and that we are still testing the zone around $ 60,000 as if some stronger impulse for an explosive price shift is waiting. Movable cuts are on the bullish side, but the price oscillates around them, so they are of no help. By drawing trend lines, we see that...
Looking at the chart on the four-hour time frame, we see that the pair has found support at 0.69450 and will now be in a smaller upward consolidation. Below are the moving averages of the MA20 and EMA20, but we have MA50 support for now. The pair managed to climb to 0.70700 but made a short retreat. This bearish scenario moves within a falling channel, and it can...
On the weekly time frame, we see the pair retreat after reaching the previous high at 0.80000, testing the currently moving averages of MA20 and EMA20. The zone supports us at 0.75350 and the Fibonacci 23.6% level at 0.74180. We are expected to see a decline in the coming period as the dollar strengthened against other currencies in the basket. Looking at the...
Following the chart, on the four-hour time frame, we see that Ethereum made a new historic high at $ 2146. We currently have a smaller pullback to the moving averages of the MA20 and EMA20 at $ 2040. If Ethereum runs out of power, we'll see a further withdrawal to the MA50 at around $ 1950. for this pullback, we can use Fibonacci retracement levels; what we see...
Looking at the chart on the four-hour time frame, we see that Bitcoin made a small drop to support $ 56,800. We now have moving averages of MA20, EMA20, and MA50 at the top that can put pressure on the price and directing it towards MA200 and EMA200, which are in the $ 55,000 zone for Bitcoin. The break below that gives a stronger bearish feel and changes the...
The four-hour time frame graph shows that the pair found support around 1.73400 on the Fibonacci retracement 23.6% level. The pair also finds support in the moving averages of the MA20, EMA20, and MA50, and we are currently testing the EMA200 at 1.74000. Above the first next resistance is 38.2% Fibonacci level at 1.74450, the break above leads us first to MA200...
Looking at the chart on the four-hour time frame, we see that the pair has come to a very important level. Firstly we test significant support on the moving average MA200. Secondly, by setting the Fibonacci retracement level, we see that the previous rejection was at 61.8% and that we are currently testing that level again at 1.66800. Other smaller moving averages...
Looking at the chart on the four-hour time frame, we see that Ethereum managed to reach the $ 2000 level again, surpassing the previous high to $ 1945. Still, strong support in moving averages is getting bigger and higher. Now our next target is the previous high at $ 2041 and the last resistance before conquering new historic highs on the chart. If we look at the...
Looking at the chart on the four-hour time frame and comparing it to yesterday, we are not far behind, and we are still in this upward consolidation that is testing a zone of around $ 60,000 for Bitcoin. We still have good support for all moving averages from below, the break has been confirmed outside the falling channel, and we can only expect the Bitcoin price...
On the daily time frame, we see that the pair encounters support slightly above 0.75000 but that the upper side is still under pressure from moving averages MA20, EMA20 that have dropped below MA50. When we set the Fibonacci retracement level, we see that it is very likely that the pair will drop to 23.6% Fibonacci level where the support of MA200 and EMA200 is...
Looking at the chart on the four-hour time frame, we see that the pair failed to hold around 1.10000 and then make a pullback. The moving averages of the MA20, EMA20, and MA50 are now on the bearish side, directing the pair towards the MA200 and EMA200 at 1.08000. T we can ask for support for a new bullish momentum and re-target at 1.10000. on the chart, we can...
Following the chart on the four-hour time frame, we see that Bitcoin is currently facing resistance at $ 60,000 prices. We currently have support for moving averages MA20 and EMA20. Still, it looks like Bitcoin is tired, and we can expect a potential pullback to lower moving averages MA200 and EMA200 in the $ 54000-56000 zone where we are looking for better...
We are still on the bearish side on the weekly time frame, even after finding support at 1.6600 on the Fibonacci 61.8% level. The big pressure is in the form of moving averages MA200 and EMA200, which almost coincide with the psychological level of 1.70000. Some maximum target for this pullback may be a Fibonacci 50.0% level at 1.72330. When we look at the MACD...
On the weekly time frame, we see the pair sitting on the bottom line of the trend. There we can now expect a separate consolidation before the next major shift on the chart. Following the moving averages, the pair is below all, but we are making a turn towards them again, and we can expect to approach MA20 and EMA20 first in the next short term. If we see this, it...