As mentioned in the previous analysis, with the weakness in the rising trend and the shortening of the moving lags, the price was expected to fall more than its rise, which happened when it left the triangle and reached the support area of 20800. Currently, the price can be included in the ascending channel, the bottom of the channel has been broken, and with the...
When the price reaches the daily resistance zone, it forms a head and shoulder pattern, and in case of a pullback and confirmation of the entry trigger, a short position can be entered.
Shortening and reducing the slope of ascending logs and raising and increasing the slope of descending logs In case of a correction and the formation of a bearish candlestick pattern, a low-risk short stop can be created.
Bitcoin is still trying to break the resistance of 24300 and increase the volume in the upward trend and its decrease in the correction shows the continuation of the upward trend in the 4-hour time frame, and if it breaks the 24300 area with high volume, it can increase as much as the previous log up to around 25300 experience a price growth, the condition for...
According to the previous analysis, Bitcoin was able to resume an upward trend after the fake breakout from the bottom of the channel, and currently it has broken the resistance of 23600 with adequate strength and volume, which shows the increase in volume in the upward trend in this time frame, which indicates the possibility Most of the continuation of the...
Due to the creation of lower ceilings and strong descending candles, if the price can fall below the previous candle, we can expect a drop to lower levels.
Bitcoin situation from the point of view of Andrews fork and curved trendline The price is breaking the trendline and in the upper channel of the swing fork, which usually tends to reach the middle line of the fork.
Following the previous analysis, the divergence and weakness in the downward trend caused Bitcoin to reach the resistance of 23600 again and to be rejected with relatively high intensity. Due to the many encounters with the 22800 area and the application of previous buy orders, it is expected that this area will be broken and the price will fall to the bottom of...
✍🏻 played the role of resistance beautifully 🔰 Necessarily, all chats should not be filled Chats also play support and resistance roles For example, the previous chats in the areas of 33500 and 18500 had a supporting role for the return of the market.
After the formation of the double ceiling pattern, the price has created a floor lower than the previous floor, and with the breaking of the support zone, it is pulling back to the broken zone, and this way, the bottom of the candlestick formed in the four-hour time frame can be a good position for a short position in This is the currency
With the demand formed in the support of 22800 with a significant volume, we can expect the failure of the falling wedge pattern and the regrowth of the price up to the previous ceiling.
According to the previous analysis, as expected, after the formation of the right shoulder, the fall of Bitcoin continued until 22800, but a strong downward momentum has not been formed in this correction, and the downward waves are still accompanied by demand, and in the lower time frames, the divergence in the price decline and its intensity can be seen. In case...
Due to the breaking of the daily trend line and pullback to the broken area and the confirmation candle that can be seen in this time frame, we can expect to move up to the previous ceiling or higher again.
Dominance Tether has reached a strong support range, although this range has widened and we can expect to reach the bottom of the range.
This pattern has been seen far in the market... the decrease in volume at the end of the upward trend... the daily candle closed as a doji, indicating the equality of buyers and sellers... we will probably move to 24300 again and see unloading and correction be precious
After this currency reaches the resistance zone, if the resistance breaks, you can enter a long position, and after seeing the reversal candlestick pattern, you can enter a short position.
Following the previous analysis, the publication of the most important economic data of America, which showed the existence of inflationary stagnation in the economy, made traders optimistic about reducing the contractionary policies of the Federal Reserve in order to balance supply and demand, and this caused the demand in risky markets such as crypto and bitcoin...
According to the profit step formed in this width and reaching the resistance areas, which shows this growth as a correction for the previous fall, price correction is expected in these areas.