💎Technical Analysis Summary💎 BTC/USD -Bitcoin is trying to hold the 48k short term key area -With the confluence of Fib support and Moving Averages -If BTC can make this level survive for the next 24 hours -I think we will have a higher chance of retesting the 50k dollar -If this happens, I'm expecting a good start trading week -I'm on the strong altcoins...
💎Technical Analysis Summary💎 Bitcoin Dominance -We can see the BTC Dominance level is respecting the EMA19 -The Dominance level 45 is previously supported now acting as resistance -This consolidation below support is potentially a bearish pattern -If the last support at level 43.50 breaks and closed lower -The bear flag pattern will be confirmed -I'll be...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA19 as the price is bouncing up -We can see a descending bullish pattern -The only confirmation for this is an upside breakout -Many altcoins are now recovering from their recent pullbacks -If BTC will remain stable until the weekend -Things will be looking good for the crypto space -Good luck...
💎Technical Analysis Summary💎 ETH/USD -Ethereum is pulling back a little due to BTC downward action -We can clearly see a two rejection point or resistance area -This is the level that needs to break to go higher in the coming weeks -ETH is still good in the daily structure trend -It still has the previous resistance and holding the EMA19 -If ETH holds above 3k...
💎Technical Analysis Summary💎 ZEC/USD -Zcash may have found support on the monthly time frame -The previous resistance area is now acting as support -The fast EMAs are also helping the hold the price -If this month of August turns out a bullish engulfing -I think the chances to retest the 250 dollar increases -This is a midterm to long term view analysis -So...
💎Technical Analysis Summary💎 ALICE/USDT -The daily resistance level is being tested -If ALICE can hold above the resistance area -And form any bullish continuation pattern -The Fib extensions are the potential upside targets -Since this is an ATH gameplay the sky is full of potentials -Good luck everyone and please manage your risk ⚠️Please always read the...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin found support at 0.5 Fib level -With the confluence of EMA 23 -This zone is also the previous resistance -If BTC finishes today's candle strong -I think it will likely to retest the 50k dollar -The Altcoins are bouncing up from the recent downside -Things are looking very interesting until the weekend -Good luck to...
💎Technical Analysis Summary💎 FXS/BUSD -After the breakout and retest last August 18th -The price rallied up by 88% profit -If FXS will continue strong in the coming days -Then next key resistance level is 8 dollar -This zone is also a confluence of resistance Fib 0.5 -Be careful because this is not a good area to buy -The risk to reward ratio is no longer in...
💎Technical Analysis Summary💎 BTC/USD -The 50k dollar is acting as resistance today -The Short term support is about to get tested -Using the Fib levels, we can see the 48k dollar support -This is a confluence of the previous resistance area -If the Buyers or Bulls can defend this region -Expect more upside for the Altcoin space this week -Good luck guys and...
💎Technical Analysis Summary💎 ETH/USD -Ethereum may have found support at around 2900 dollars -This zone is a confluence of previous resistance -The important fast EMAs have coincided in this area -If ETH can hold the green support zone in the coming days -It will have a higher chance to break the double top resistance at $3300 -Please watch the bottom local...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin is now trading inside the weekly resistance zone -Currently, the price is reacting with resistance Fib 0.618 -There is no major rejection yet at this moment -The Bulls are doing a good job maintaining this region -If the Buyers can hold the price above 46k this week -I think the chances to break above 49k...
💎Technical Analysis Summary💎 ETC/USD -Ethereum Classic is back at a key area of interest -This zone has been respected as Support and Resistance level -We can see the EMAs are confluence in this zone -There is a good chance of bounce in the coming days -Provided Bitcoin will remain stable or rising up -Good luck and please manage your risk before opening a...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin may have found support in the previous areas of interest -The 44k dollar zone is a confluence of these two EMAs -If the price can hold this level for the next 24hrs-48hrs -I think we can say BTC is ready to consolidate again -The next step is potentially to retest the recent top at 48k dollars -Tough day for the...
💎Technical Analysis Summary💎 XRP/USD -XRP is confirming the monthly support area around 0.55 dollar -This zone is a confluence of two EMAs and previous resistance zone -If this month of August closes a green candle -I think the chances to retest the recent high increases -And a potential test of ATH once the current resistance is broken -Congrats to the long...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin is respecting these two EMAs for the 3rd time -That is good because it is acting as a short term support -But the bad side is this support gets weaker over time -And a new resistance is confirmed around 48k dollars -This can be a potential double top if support 45.5k is broken -Take note BTC has moved up to 64%...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMAs at the 8H timeframe period -With the confluence of previous higher low at 43k dollar range -The price is now retesting the recent top -This zone has been tested 3x and it is still acting as resistance -As long as the Bulls can hold above the EMAs and 44k dollars -I think there is still a big...
💎Technical Analysis Summary💎 BTC.D -The Bitcoin Dominance started moving lower after a bearish retest -The mid-term trendline support is finally broken downwards -The price is now creating a lower low followed by a lower high -If this decrease in value for BTC Dominance continues -The next possible support for a bounce is at 44 level -For now, we can see strong...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin in the short term is looking to retest its local support -Though this area has been tested before so it might likely do it again -If the Bulls will defend the 43k dollars zone, then we can be safe -Then expect a potential return up to the 46k dollars again -From there, we will have to re-access the market if we can...