I think if Bitcoin can remain and retest on Ichimoku cloud , it can rise again.
I think if Bitcoin remain on Ichimoku cloud on daily time frame, it can rise again.
ADA has a strong support on ~ 2.4
I will buy it after breaking downtrend and RETEST. or in dip: ~ 1.8 and ~ 1.56
I think the market is bearish until this trendline break down.
I think Bitcoin correction is probably over.
This chart is talking to you.
Everything is on the chart.
I think these zones are good for long position.
Look at this nice correlation between Bitcoin and Gold for this month.
What are you thinking about?
Bitcoin can be supported on Ichimoku's base line (almost 44k), I think.
Supports: Ichimoku cloud and fibonacci 0.618, then 17000-20000
Resistance: 42000, 50000
Today MACD line touched Signal line again.
In 2 last time MACD could not break Signal and price decreased.
It can happen again
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Bitcoin is in a parallel channel and I hope it can rise up to top of this channel.
If Bitcoin can not break this Resistance next support are: 37000, 36000, and 34000.
If CAKE/BTC can break this downtrend, cake can rise up again.
If this pattern break, two scenario is possible.
increase up to 2
reduction up to 0.8