ekarasil

ekarasil

Hello everyone! On the daily chart, there is an uptrend and ascending triangle pattern in dominance. Daily closes above 46.76 may cause most investors in the cryptocurrency market to turn their attention much more on Bitcoin ,then dominance to move upwards more quickly. Although it does not look very positive right now, there were increases in most altcoins with...

ekarasil

Hello everyone ! As you can see on the chart the ascending triangle formed but it could not broken to the upside. Downtrend is continuing, yellow trend starts from the very top of the TOTAL2 1.4 Trillion dolars. It could not be broken until now, first sign of upward movements will be that line's break. Bearish mode still dominates the market unfortunately. I...

ekarasil

Hello everyone ! Huge divergences were in the RSI for BTC, shown in RSI indicator. To continue bull mode, this correction was inevitable. Currently we are on the bearish mode and lower highs and lower lows are proving that in the daily chart. To flip to BULL mode, at least in the short term, we need to make our first higher high in daily chart which means we need...

ekarasil

Hello everyone ! As you can see on the chart currently the pattern looks like it is a bullish flag but it can try to go 30 K levels again, watch the channel. Upward break can bring bullishness to market, blue lines upward break can even be more bullish , because BTC could not break that level for 3 weeks. Downward break means fast bearish movements. The daily...

ekarasil Updated 

Hello everyone! Most of the analysis pointed out the similar symmetrical triangle that BTC formed. But, trend lines change from analyst to another analyst. I wanted to share the healthy one for you. As you can see on the chart orange one was the trendline that formed with 1 hour candlestick (without needles, closings), I am attaching the line view for orange line....

ekarasil

Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for DOT it is blue resistance line on the chart. Very important support is yellow line then orange one...

ekarasil Updated 

Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend not broken for LINK, in the chart white line. It comes from MAY 2019 and it is very significant. If BTC rise again, alts can recover a bit but selling pressure can come, for LINK it is blue one first...

ekarasil

Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for 1INCH it is yellow resistance on the chart. Very important support is orange line. Have a nice one !

ekarasil

Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for UNI it is yellow resistance on the chart. Very important support is orange line. Have a nice one !

ekarasil Updated 

Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for SXP it is yellow resistance on the chart. Very important support is green line, I am attaching...

ekarasil

Hello everyone ! After China's FUD BTC started to fall down and retest the white trend line, with that a new rising trend line created,the orange one. Since 57500 we could not break the yellow line which is very significant, after break the target can be 46500. If orange one broken, target can be white line or 30 K again according to time that past. Support:-...

ekarasil Updated 

Hello everyone ! As you can see on the chart the trend line that comes from December 2020 broken(yellow line). For rising trend to continue it needs to comeback to this trend line. There can be retest in foloowing days even in weeks, then it is critical. If falling trend continues, the new support line can be orange one which is correlated with BTC's support for...

ekarasil Updated 

Hello everyone ! BTC is going for lower, when we can take a breathe, the answer is we could not break the bollinger basis (middle) line while downtrend and it continued. We need to first break 4 hourly bollinger basis then this yellow trend line. Below 38505 daily closes the target can be 33505. I am attaching daily and weekly view as well. Support:- $38505...

ekarasil

Hello everyone ! KAVA is one of the important DeFi project token in the market as 150th token according to its market cap. As you can see on the chart KAVA goes in the parallel channel from the start of December 2020. Fibonacci levels show the resistance and support levels. If wou want to trade please consider market trends as well. Have a good one !

ekarasil Updated 

Hello everyone ! Currently BTC is in the downtrend, unfortunately. Here the yellow falling trend should be broken. If break 200 day ema 42100 level than its target can be 39665 (200 day MA) 200 Day EMA Support:- $42143 Support:- $42143 /$39665 Resistance:- $48600/$50500(100 Day EMA) Watch these levels and have a nice one !

ekarasil

Hello everyone ! Tezos(XTZ) is one of the TOP 50 coins in the market. Here it sits on the yellow trendline which is very strong one as you can see and comes from end of December 2020. It could not be broken to downside except the time BTC fall significantly. Possible resistance and support levels are given with fibonacci levels. In addition, its ATH comes from...

ekarasil Updated 

Hello everyone ! INJ is currently in 140 th according to its market cap in the crypto market. Its pevious broken bullish flag's target is 28 dolar and fibonacci says 30 dolar for resistance which is also psychological resistance level. Other resistance levels are on the chart. If INJ goes below purple box, 15.6 - 16.5 area not because of BTC then falling trend can...

ekarasil Updated 

Hello everyone ! Historically, in 2017 bull run, IOTA's All Time High achieved and it is 5.69 . Now, IOTA movements belong to a symmetrical triangle with blue lines. Resistance levels are given with fibonacci and support levels are the trend lines. Orange one comes from January and I am attaching the bigger picture.If alts are rising then this can be the bottom...