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BTC: The price of bitcoin now draws a corrective movement within the iv wave inminute degree . We came to the conclusion that now the asset draws the format of the descending triangle abcde - the triangle of the continuation of the trend and now forms the wave (e). We all know that the price in the triangle goes in triple waves in the form of a zigzag. So wave (e)...
ETH, 4h Let's analyze eth on the Bitfinex exchange, here the chart is more clear. The price goes within the rising channel (lows and highs are rising). According to wave marking, the price draws a correctional movement within the WXY model. Tonight, the price formed a double local peak without breaking the level of $ 186 and EM200 on 4 hours. Perhaps this is the...
BTC, as we said yesterday, made a false break but did not fixed above 8350 and remained bargained within the triangle. The daily candle closed with a bullish absorption, but confirmation of the second day is still needed. Wave marking remains the same. The price has already approached the lower border of the triangle 3 times, the level is weakening, we think that...
On the 4-hour timeframe, the potential formation is XABCD pattern, the main condition is that the CD comes to the level of 0.886 from the length of XA, which is the main element for determining the Potential U-Turn Zone. Just this level passes at the level of the lower border of a large triangle.
XBT 4h Price from the beginning of September began to draw a downward wedge, the purpose of which is to break up. We all saw that the level of 9850-10000 is very well bought out, the wicks from the candles are proof of this. Why should the growth go just from these marks and not after the next retest of the level of 9850-10000? 1. The dominance of bitcoin, which...
LTCUSD on the 1D timeframe forms a symmetrical triangle (highs decrease, lows increase), it is also possible to form the Head and Shoulders pattern, the neck line of which runs just with the lower border of the triangle. On the weekly chart in early July, a large red candle formed, the middle of which more than once acted as a strong resistance. It is also worth...
Guys, let's take a look at a rather controversial asset - ETH, 1w chart The asset is above the trend line since December of the last year. The most important thing is that this growth occurs on falling volumes and so on for 9 months. Since we know that the asset is highly correlated with bitcoin, any correlation of which can lead ETH to an important level of $...
On the weekly chart, XBT forms a symmetrical triangle, the output of which can lead to a price of 18k, is this possible? The news background is full of positive news, also in + there is a trade war between the United States and China. On the monthly timeframe, the price hit the resistance created by the closures of the last 2 monthly candles. Most likely, the...