Crypto market has fallen sharply due to default crisis of Chinese real estate giant.
BTC couldn't keep $48,000, it was a factor that caused the plunge from a technical point of view.
Most recently, head and shoulders are formed on a daily basis. Attention is focused on the neckline around $44,000.
Once it broke through this line and plummeted to around $40,000,...
DOT continues to rise without mercy.
After breaking through the strong resistance line of $30
, the golden cross of the moving average also overlaps. The strength of the rise is even higher.
The next resistance line is $40. Volume is also rising and MACD also has a golden cross about to be completed.
In addition, the weekly MACD is the first time completed with...
BTC has fallen for the first time in about a week, temporarily lowered to around $50,500.
El Salvador's Bitcoin Bill Enforces Today, although it temporarily soared to around $53,000, it seems that a profit-taking sale has entered from a sense of high price caution.
However, this adjustment did not result in a major plunge. We believe that the price will be...
BTC touches the $48,000 line in early August without a clear sense of direction; a month has passed, and the rise has finally started.
Although it formed a descending triangle, we are breaking the devaluation line and testing for a $50,000 dropout.
There are various factors behind the rise, but the US ADP employment statistics released yesterday. Monetary easing...
ETH broke above $3,300, which had been held high for a long time. This breakthrough is a major event that raises market sentiment. There is a possibility that it will rise further from here.
If ETH passes around $3,500, which is the immediate resistance line, there is no clear resistance line up to the record high of $4,300. Therefore, from here on, it will...
BTC, which has been rising like every day, but now it has broken below the rising parallel channel due to the continuous decline in the last few days.
Currently it is supported by 200MA, but if it get out of this, It looks like we need to expect a plunge of up to $44,000.
However, because it continues to rise without major adjustments so far, I think that there...
BTC has finally exceeded the daily 200MA.
Current upward pressure is also shown in various on-chain data. In addition to the continuing bullish trend, whales are also increasing,
I believe this momentum will continue for some time.
I think the immediate target point is $48,000. Depending on the momentum, there is a possibility that it will come out. It's been...
BTC has entered an important phase.
The crypto market has continued to rise since the BTC conference.
The feeling of overheating has calmed down once, and the RSI divergence in 4 hours has been confirmed.
While the $41,000 wall is thick and hard to overcome, trend lines and MA are supporting the downside, temporarily is a frustrating market.
BTC has skyrocketed for the first time in a long time.
It continued to grow for 6 days from July 21st, and from the point where it passed the horizontal line of $35,600.
There was also widespread coverage that Amazon would accept crypto payments. It became one of the rising factors.
With this rise, the short-term trend is completely up.
This trend may continue...
Today, BTC has fallen below $30,000 again.
The US and Japanese stock markets are all bearish. It is believed that the risk-off market is a factor.
Forming a descending wedge most recently, the breakthrough caused by this decline was also a major factor in the decline.
Bitcoin has been touching $30,000 several times since mid-May, when it plunged from its...
The crypto market continues to decline.
BTC has been devaluing its lows recently,
speculation that it will fall below $30,000 in the weekend.
Currently, BTC is moving at the lower limit of the descending wedge line.
It is a dangerous market that can be plunged at any time.
If it breaks below $31,000, it is expected to go down $30,000 at once. Also, even if...
Due to the upside of the U.S. Consumer Price Index announced on July 13, the dollar is rising. As a result, the crypto market plummeted.
Due to this decline, BTC will be on the lower wedge line. Pushed to around $31,500, but recently rebounded is returning to around $32,500.
However, in addition to various moving averages, the horizon around $34,500,
BTC was pushed by the risk-off market of Japanese and US stocks yesterday and has fallen sharply.
Even today, there are no signs of repulsion and it continues to stagnate.
Due to yesterday's fall, the formation of descending wedges was confirmed.
The price of the devaluation line will be around $32,100, seems that keeping this range will be a point of interest...
BTC continues to have no sense of direction, recently there has been a lot of good news.
Relocation of Chinese minors and increase of whales, and the point is that the inflow of funds to cryptocurrency related products is increasing.
Also, July performance was relatively good, with expectation of a short-term rise.
Currently, BTC is holding a triangle, result...
We will analyze the market price from BTC 4-hour bar today as well.
Although BTC recently broke through the $34,500 horizontal line and accelerated at a stretch, it plummeted due to the weight of the once profit-taking and the top price.
Before the announcement of important economic indicators such as US employment statistics ahead of tomorrow, the risk aversion...
BTC continues to decline.
It has finally fallen to $30,000, which is market conscious.From here on, the volatility can be quite high. As expected, easy shorts can be burned. Firmly strategically and while dividing into small lots where we want to aim for return sales.
If it falls below $30,000, it can plummet to $28,000. This level is a falling parallel channel...
This week's BTC has fallen for 4 consecutive days. A change from the situation where recovery momentum was rising, but fall back down once it touched $40,000.
Most recently, offense and defense have continued around $37,400. Whether or not it can be maintained in this price range will determine the direction of the medium-term market price of BTC.
If the price...
BTC finally recovered to $40,000.
Currently, it is moving in the ascending parallel channel. It has stopped rising at the channel upper limit line.
In the latest rise, it has broken above all moving averages, formed a complete support line, including the uptrend line.
So even if it can't go over $40,000 and back down, itt should stop falling around $37,500 and...