According to the previous analysis, Bitcoin is pulling back to the midline of the ascending channel in the range of 21500 to 21700 after breaking its main support areas, and on the other hand, it is facing the middle resistances of the fork and the 1-hour trend line, and since it has been able to more than from 50% of the previous rising wave, it is more likely to...
With Ethereum reaching the daily resistance areas of the short position, it can have good targets for this currency
The total index, which indicates the total value of the crypto market, lost the 1 trillion dollar index again, which was considered psychological support, and if the candle closes this week, the next support will be 750B, which is parallel to the weekly trend line and the static price action area. . To see the previous analysis of the total index, pay attention to...
After the failure of the support zone in this currency, a pullback and price drop is expected, and it seems to be an attractive position for a sell position.
After the failure of the support zone in this currency, a pullback and price drop is expected, and it seems to be an attractive position for a sell position.
According to the replicated analysis, at the peak of the 23,000 resistance break, it was announced that this break was fake and the falling scenario happened as expected while most of the market was in the illusion of a pullback to 23,000. Even the reaction to the 21500 area happened in yesterday's analysis, which was the bottom of the bearish channel. Currently,...
With the formation of a strong downward wave, it seems to form a base drop and the price will continue to fall
Following the previous analysis, due to the closing of the market yesterday and today, we have seen a not so noticeable strengthening of the buyers in the support of 22000, which is only a psychological support, and since a significant volume (at least until today) has not been recorded, this candle cannot be used to continue moving. Ascending was known as a...
Dominance Tether in the weekly time frame has obviously taken the second ascending step faster than the first ascending step, and the weekly candle that closes until tomorrow is being rejected and created and is rising, and this means that the power in the weekly time frame is still in the hands of the sellers of the crypto market. Is.
With the shortening of the ascending steps and the increasing slope of the descending steps, we are probably nearing the end of the upward trend in this currency, but to confirm entry into the short position, we need the presence of stronger sellers, which can be achieved by creating a lower ceiling or a higher ceiling with upward momentum. Weaker and confirmation...
Since when the price reaches its daily resistance, the price is shortening the upward steps and strengthening the downward steps.
Due to the creation of lower floors and ceilings in the recent steps of movement, with the price coming below the current candle, we can imagine the continuation of the fall for this currency.
Due to the creation of lower floors and ceilings in the recent steps of movement, with the price coming below the current candle, we can imagine the continuation of the fall for this currency.
As it is clear in the chart, after the price reaches the resistance zone, which is the resistance zone related to the daily time frame, which is shown in yellow color, after the price is rejected from this zone, it is expected to work as a price cushion by creating a pattern. suitable for Kandli to create a good position for the position of shorts
After the sharp fall of the price in this width, we have witnessed the formation of a very strong resistance in the area of 0.07. This time, the price has formed a head and shoulder pattern by rejecting from this area. Pullback broke into the trend line and continued to fall, but in case of further fall without pullback, the 0.064 area can be considered as an...
After a profitable movement, the price formed downward steps and by reaching the daily resistance, it formed a harmonic pattern, and according to the pin bar pattern formed under this resistance, it can be suitable for a short position.
again it can dump and build some profit in short position
The rising wedge pattern is completed and we can expect the area of volume density to drop