In the ETHEREUM , due to the loss of key support at the price of $ 1700, WE are waiting for the pullback to reach the broken level. Entered the shorts position
Due to the approach of the price of this currency to the daily time frame resistance, if we see a weakness in the price trend, we will be ready to sell the position.
Due to the loss of dynamic support, if static support is also lost, the price can fall more sharply.
The price is on strong support If this support is lamb there is a high probability of loss and there is a large reward for the sale transaction
According to the situation of this currency in the daily time frame, in case of a fall, a good profit can be made from this currency and it is more likely to fall than bitcoin. It is not far-fetched to expect this currency to have a history like Luna
In this market, it is not bad to have a skeleton on Bitcoin
The price in the 4-hour time frame forms a pattern of head and shoulders, and due to the momentum of the fall in bitcoin, the probability of this currency falling is higher.
Due to the weakness in the uptrend, the probability of falling prices is much higher
Bitcoin continues to fluctuate within the side channel and liquidate hasty traders In the meantime, we see that Bitcoin does not react to price ranges, which is because of the range that I named the volume density range that I have been working with for a long time, and it gives us much better reactions than other zones. If any of these zones are broken with a...
The expectation of moving is the same as the previous step of moving the price to fall
It can see higher targets by crossing the resistance
The price is on the verge of breaking the 4-hour trend line and stabilizing above the resistance area Given Bitcoin's uptrend, there is a good chance it will break the trend line
Due to the failure of the resistance range, you can enter the long position
Bitcoin tries to break the bearish trend in 4 hours and create another shadow to maintain the support range of 29,000 to 30,000 In case of failure and stabilization, it can grow to the level of 30,000 and next week we will see an upward market in Altcoins.
JUST FOR FUN but It may reach my target and answer this analysis Something like a fish Whatever it is, I love it, I hope it loves me too
Given the good support for the $ 2 price support, which has been accompanied by an increase in volume, we can expect the price to rise to around $ 4 with a reasonable profit-loss ratio, and if demand increases, there will be higher targets for this currency.
With the break of the downtrend line, such a move can be expected