Zooming out BTC, shows a nice formation of a bullish Pennant pattern, making lower highs and higher lows. This is a very good setup of bullish pennant pattern because price has been making a huge bounce off the lower boundary every time.
Price might break out in coming days and resume the pattern continuation for the 50K target. However, this might require some...
BTC is facing a local resistance at 40560 and a major resistance zone of 41700-40560. If it can break this level, it can touch 44K-48K or even 50K.
However, if this level holds strong, a big retracement is expected to take the price to the first levels (37800-36400) then to the second levels (34840-33480). This second level is pretty interesting and holds a very...
ZIL has some considerable levels of immediate resistance (312, 347 and 391) ahead. Since establishing the levels 312-347, price has been rejected twice at these levels, pushing the price back into the current zone of 239-312.
It's expected to build some kind of accumulation between 239-257 zone and that will give a great momentum to test the levels 312-347 again,...
It's been more than 3 days BTC has been accumulating (ranging) between the zones 26000-26440 (support) and 27960-27540 (resistance) since setting an ATH at 28459.84. Finally, there's a breakout of the resistance which is a good indication of a move upward unfortunately, it is too close to the ATH level at 28459.84.
So now we are touching 28459.84 for the first...
BTC has set a clear accumulation and distribution zone as highlighted in yellow. There's a good chance it's going to 18510-18290 to accumulation and that will be the ignition to finally break the 19550-20000 level.
BTC is at the top at the triangle again and it's setting for a good retracement to 10400-10300 if that support can hold this time. If it fails, the direction will to 9990 before visiting the 9800 area. However, it's very important to be patient and watch what happens at 10400-10300.
What really happened to SUSHI???
In my opinion, the mainsteam media created the dump for SUSHI with the "FEAR".
There may have been some technical issues with the migration code and yes, the creator did sell his coins to keep ETH, but this is exactly the same thing that the creator of LTC did but back then it didn't create any issue at all because there was no...
The last 2 trades of BTC has brought us 1,623% profit (cross). The last one took even less than 8hours.
🎯Profit: 714% with cross
🎯Profit: 909% with cross
As per our signal, BTC touched exactly the 9900 level. Which is very good for BTC to continue the bull run as since breaking this zone (9900-10400/10500), it never retested it as support which BTC is doing now....
BTC couldn't hold the support 11230-11000 which is now resistance. On daily, it has formed H&S pattern with the neckline at the 11200-11000 support/resistance level. So more dump is expected
It looks like it's ready to go down more to fill in the CME gap at 98xx. So a great opportunity to short.
BTC is preparing for a massive drop if 11230-11000 support doesn't hold this time. If the price breaks this support zone then get ready for 10500-9900. It can be a great opportunity to short once price is below 11000 to be safe. Or just hold USDT and wait for the massive dump to decide which coin(s) to buy dip.