On the H1 timeframe we see an upward channel.
A move down and a bounce from the lower line of this channel is possible.
Altcoin market is mostly bearish today.
Be careful with your analysis before news.
Now the asset is trying to get out above the price of $22.15, which is the 0.236 Fibonacci level.
I suppose we can see some kind of correction in one of the two zones or the $16.54 level is 0.5 Fibonacci. Or the correction will be deeper to the level of $15.3 - $14.55 in the area of 200EMA, where the asset can find a stronger support level.
As of today, the asset ran into a very strong resistance level of $27.9. The asset has already tested the level 3 times, and we know the more often the price tests the level, the weaker this level.
I suppose that if the price tests this level for the 4th time, I think it will be possible to expect a breakdown of the resistance level and a hike up to...
The asset is locally in a growing trend for the second month since 30.09.2021 from the price of $9.55.
Now we see a resistance level at a price of $28, the first time we tested it on 11/15/2021, they could not break through and today, 11/25/2021, we can most likely see the same scenario.
When the asset breaks the level of $24 and 50EMA...
The upward impulse movement began (07/20/2021) from the price of $1,718 to (09/03/2021) $4,027 marked with white Fibonacci lines. The target of this impulse is after the correction, which was realized at $ 2,650 (09/21/2021). Based on this, I expect the maximum for this asset by the end of the year at $6,800.
Further, after the correction, a new...
Asset is trading at the 2017-2018 ATH. Looking at other exchange tokens (such as BNB), I understand that the potential of KCS is far from being revealed.
If we look at the weekly timeframe, we can see that the growth momentum from the price of $0.66 on 12/28/2020 to $20 on 04/05/2021 on the Fibonacci grid, we see that the asset has undergone a...
On gold, divergence on the daily timeframe.
Lowering highs. I think we will grow. During this time, there is a purchase of gold.
One country imposed a restriction on the purchase of gold.
It all plays the BTC handicap
btc pattern cup & head
I describe this corner.
This pattern is clogged in a machine that itself trades.
There are many assets and the pattern is worked out on many time frames at different times.
Because everything has its own value.
If you accumulate the position of your bitcoins, then you can become a monopolist of the entire market. or all the money data...
A company that is developing in the long run.
Look at the scale, Yandex taxi, Yandex map, your search engine and wallet.
This giant friends resembles google mine pastes.
In the cryptocurrency market, these two assets are BTC and ETH
Mastodons of the markets.
Google and Apple are different segments. And from Yandex, the number of users is the same.
If you write...