About meIn financial markets, everyone can learn technical analysis and fundamental analysis, the only thing that is difficult to control the of emotions and feelings during the market.
Analysis with trend line and buy step by step
If the trend line is broken, it has a resistance of 28 cents (200-day average)
And then it has a strong resistance in the range of 35 cents
Dodge has not seen any growth in recent market growth
And it can have very exciting growth for the next three months
In a market that is currently negative, Dodge is positive, which is a good sign for Dodge short-term future
It has a chart similar to the Bitcoin chart when it was priced at $ 40,000
There is a lot of room for growth if you cross the trend line
Shopping in steps is the best way
For the next two months, any negative amount on this chart is just a good buy position
I have been monitoring this chart for some time
Seems to be preparing to reverse the trend
With the failure of the rsi roof
As well as the downtrend can be a good long position of the market
I'm waiting for now
Ascending channels are usually broken from the floor and descending channels from the ceiling
The more collisions with trend lines, the longer...
The failure of the triangle on either side will determine the bit torrent trend
Given the current market conditions, there is a possibility of a correction
If reach the shopping area, I will buy in two steps.
If break the triangle roof with a powerful candlestick, I will buy it in Pullback
target set by Fibonacci
rsi can announce the breaking news sooner
Bitcoin trends from different angle:
If it can not enter its previous uptrend channel with a strong candlestick and a good trading volume, it can make short-term corrections up to the specified area.
Given that the buyer power in the $ 50,000 to $ 53,000 area was excellent, I think it can re-enter its uptrend channel.
In 2020, Bitcoin entered a long-term uptrend channel
Which left its ascending channel on 5-2021 and with the price falling to the range of 29,000 to 30,000 $
There are currently two scenarios for Bitcoin
Scenario 1 (optimistic)
Complete the bitcoin correction in the range of $ 37,500 to $ 40,000, and after breaking the range of $ 58,000 to $ 64,000, re-enter...
After the previous analysis in Bitcoin Weekly Time, I was expecting a correction
I think the reform is coming to an end
Bitcoin reacted well to its daily cloud floor, which was my first buying area
In the weekly time frame, the worst case scenario is for the price to reach the range of $ 47,000 to $ 48,000, and if it reaches this area, I will make the second step...
As I expected, Bitcoin entered its correction process
At the moment, the weekly time frame has not yet reached the 0.5 Fibonacci zone
If there is no strong support for bitcoin in that area (In my opinion, it is unlikely) , area 0.618 will be tested
The worst case scenario is a drop in prices to $ 37,500
The best return scenario is from $ 41,000
I buy from $...
The value of the crypto market has gone out of its uptrend channel
Due to the shape of the Ichimoku cloud and if exciting news is not sent to the market
At best, we will stay in the downtrend for about a month
To return to the first uptrend, there must be absolute fear in the market
In any case, this price drop is just a correction
Do not trade in market...
Crypto Market Cap is approaching its resistance
Save profits in the market is evident by big money
If the resistance is broken by force (which is unlikely) the uptrend will continue
Otherwise, after a temporary growth, we will see a correction in the market
Be careful in your purchases and do not forget to save profit