ccoinanalysis

ccoinanalysis

As long as new positive news comes for bitcoin I would expect the price to move in the down triangle. A breakout for both sides may push the price in the breakout's way. Green box is highly critical for the continuation of the downtrend. For another bullish run, the price should pass the yellow box and make daily closes. My general opinion is not to trade BTC...

ccoinanalysis

The last Bitcoin Dominance analysis was really accurate. Now we broke down our triangle and heading towards 65. I expect it to speed up minor alt party. Below the main support red box, we have two support lines as well. In case of a reach on these levels. We hope to see good days for altcoins.

ccoinanalysis

Avalance performed really nicely in the last two weeks. As long as the first two trend lines hold it will want to go 16.6. If the trend lines would hold I would expect a retracement to 11 and 9.7. To be able to continue to uptrend 9.7 support line is highly critical. I will start to buy back starting from 11.

ccoinanalysis

Bitcoin Dominance was lately really high reaching out to the 73.5 levels. Even though some altcoins perform really nice against USD in Bitcoin's bull run the market expects an altseason to make a profit also against BTC parity. Below 67.22 might bring some positive movement to the alt market.

ccoinanalysis Updated 

My main argument here is basically as long as trend line 1 holds Avax will want to go 11 dollars. However, a bearish reversal is calling on the other hand. So I created a few more trend lines to follow. I started to sell the AVAX that I bought from $3.2 to $5.5 above 9. The red one will be the critical trend line that keeps bullish motivation. The red box...

ccoinanalysis

Possible reversal for BTC to 30k again. Bearish divergence observed. A breakdown below the red trend line might start to kick the price to 30k again. Or if it crosses above the 40300 and 4h bar closes may bring new ATH.

ccoinanalysis

AVAX still holds the trend line. In case of a 4H bar closed below 6.3 may push the price to the green box which is around 5.05-4.87. 4H closes below 4.87 seems dangerous. For now, the uptrend is working. Needs to be watched with careful stop losses.

ccoinanalysis

The danger zone for #BTCUSD Don't forget to trade with Stop Loss. A neutral or bearish scenario needs to be considered. Trade carefully.

ccoinanalysis

I will follow #SXP closely in case of any #altseason. It carries nice potential with a double bottom around 0.83 My medium-term expectations are around: TP: 1.15, 1.649, 2.314 Manage your own risk!