TRON Currency, like the market as a whole, instills in us a sense of dread of Bitcoin's next move.
If the trend can move between the resistance and support zones or break upwards, it indicates that the currency has stabilized.
Bitcoin is the cause of market misery
In such situations, we should not rush and it is better to wait for the market convulsions to sleep and then enter the position. Because we may see an unexpected reaction that is not predictable
This week we saw something for Bitcoin that we predicted on April 26th.
But it seems that this trend will continue until we see a price drop of about 32,000 to 30,000. Although it has little support on its way, it will not have enough power to keep prices high
Determining the future direction of the Vechain currency is determined by the triangle pattern
Although VET currency has shown itself very well and there are good comments about the future of this currency, but still it can not be said that the definitive path of the currency trend is upwards.
ETHEREUM currency has the energy and chance to climb
Now, as the amount of capital on Bitcoin decreases, Ethereum Digital Currency, as the second currency, has the necessary ability and chance to rise.
Is the date of the rand repeated?
Currently in the currency process, the link has hit a range of resistances and has fallen down. This has been repeated a little earlier. Therefore, it is expected that the trend will reach the bottom of the channel with a break.
At the bottom of the channel, the specified range is much more important to determine the future...
CHILIZ 's fateful decision
We see that the Chiliz trend has formed a descending triangle because most of the failures in this type of triangle have been descending.
Unfortunately, Chiliz is following a major downturn, so it is more likely to fall in the near future.
Bitcoin is on the verge of collapse
Due to the bad news that was spread in cyberspace this week, and the negative comments about Bitcoin by some experts, it is possible that Bitcoin will fall sharply and break its uptrend channel.
Of course, there is another possibility that has formed a downward channel and is trying to follow it.
Exit from the Triangular Prison
Nano currency has the ability to achieve higher goals.
At the moment, the trend is stuck under the Ichimoku cloud in the triangular dungeon. But there is also a support zone and a moving average below it. However, we can hope that we will have a bullish defeat.
But we should not be unaware of unpredictable events
Combined resistance on the way to more climbing
To reach the previous records in the last two price peaks, you have to break the resistance range, including the moving average and the descending channel ceiling, and even the Fibonacci lines, which of course is a very difficult task.
If this is not successful, it will be corrected and will move to the bottom of...
An important and influential point in the bitcoin process
Take a closer look at the blue area shown here. There are support factors, including the Ichimoku cloud range and the moving average within it, that the trend has not been able to defeat.
Now, if it continues to support the trend, it will cause Bitcoin to rise.
And if it can't stop the fall, it will...
Scary and promising range
The SELFKEY currency trend is approaching a range that will change the future of the currency. And the decision of what this currency will do in this range is something that depends only on the strength of the market, and factors such as the bitcoin trend and the ratio of capital volume, as well as the management of cooperation programs...
Trying to get out of the ascending triangle
Fortunately, bitcoin has stabilized somewhat and is now facing some positive outlook.
Here, the bitcoin trend has formed an ascending triangle pattern, and at the same time the trend has hit the support zone and the floor of its large channel, so it is expected that with its strong support it can climb...
Flight or crash
It is possible that the channel ceiling will be broken and the link currency will try to set a new record.
Due to the fact that the current canal roof has been tested several times by the process, it is possible that the ascent from the canal roof will not take place, and in this case, the price should be expected to fall to the resistance range...
A path to climb 50% OF ADA
The chart shows that the trend has shown a lot of reactions to Fibonacci in the past, so it is predicted that these reactions will continue in the future, and based on this, I have shown a possible trend.
It should be noted that most people who are experts in digital currency have predicted a good and growing future for this currency.