Thank you for reading this update. Depending on our study we see that RLC has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice
Bitcoin recently experienced a double high, prompting a pullback that some analysts view not as a reversal but rather as a strategic move to create additional liquidity before a potential upward surge. This market development is being closely watched, with a notable weekly target still in play. We are eagerly anticipating whether this pullback will serve as a...
Hello guys. How are you doing? I hope you feel great and always be happy and successful. today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin. So, as I always said it's not financial advice. please just read and do based on your strategy. So, Let's go into details. ➖➖➖➖➖➖➖➖➖➖➖ I drew this Fibonacci channel a...
Good evening friends, Headphones died, so i figured id make this 2 parts. This is part 1
Time to sell bitcoin. We expect Bitcoin to correct to the green box.
🌟 Bitxer's SOL/USDT Analysis - Spot On! 💥📊 🎯 Analysis Validation: SOL/USDT's recent movement aligns perfectly with Bitxer's analysis. As anticipated, SOL/USDT hit the projected mark at 66.52. 🔍 Accuracy at Its Finest: Bitxer's insights continue to deliver 100% accurate predictions. 🚀 Stay Connected for More: Keep following Bitxer for dependable and precise...
Two plays for BTC where we'll either see break of diagonal resistance or diagonal support. Likely this will determine the trend for coming weeks - months. Up to 35-37K or Down to 23-21K.
Since May of this year ETH has been stuck in this mini range between 1k and 2k, despite many attempts to break above the range high, the second biggest crypto has failed to do so thus far. Looking at the range as with all ranges the midpoint is the controlling factor and a place to take action. The majority of time has been spent inside 0.5 & 1.0. Currently ETH...
Hi Traders ! On The Monthly Time frame, The BTCUSD Reached a Resistance Level (38491.93 - 37600.00) The Price Formed an Ascending Channel. So, We have a Bearish Scenario: If The Market Breaks The Support Line and Closes Below That, We Will See a Bearish Move 📉 Let's Wait For Breakout 🔥 ----------- TARGET: 33970.00🎯
What is a trendline break and how to trade it? There is a breakout when the price crosses an important level. However, not all breakouts are created equal. There are preconditions for a breakout to be considered relevant: Consolidation before the breakout. A significant increase in trading volume. Indicating investors’ enthusiasm to push the price as far as...
Based on the provided market data, the current price of Bitcoin (BTC) is $36,095. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 50.06, 68.12 and 74.52 respectively. RSI value above 70 usually indicates that the market is overbought and may be primed for a trend reversal or experience correction, so BTC is nearing that condition on the 1 day...
Foreword In this analysis I want to make an attempt at forecasting both the date and the price range at which Bitcoin will top at in the coming bull-cycle. The forecast is 100% based on historical data and is based on math and not on feelings, so be prepared to see some numbers and formulas. This analysis is speculative in nature because we're forecasting the...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the blue lines to mark the local channel of the upward trend, in which the price tried to break out at the bottom, but quickly returned to the ongoing channel. Going further, we will use the Fib Retracement tool, and...
As you can see market structure is bearish now and the price is in an external order block which has a high probability of selling. Please pay attention to the liquidity pool above the major high. The price may sweep the liquidity and then fall. We need LTF confirmation for entry. 💡Wait for the update! 🗓14/11/2023 🔎 DYOR 💌It is my honor to share your...
The AVAX holders are in a huge loss since highs, so I think the updating the low at $9.3 will be the last stage of final capitulation where we will have the huge opportunity to add this altcoin in our portfolio. Huge gree area should become the resistance, but it will become a huge support after the breakout of the price. This is worth nothing for crypto market...
Remember earlier I wrote that this trend line can be a breath of fresh air for bears? The rollback was significant, by as much as 4000 points if we consider the very peak of BTC. In the last review on YouTube, when we analyzed altcoins and the BTC chart, I mentioned that a pullback was most likely to be expected, since all indicators were at their maximum values...
The U.S. Department of Labor released CPI data for October yesterday. Both broad CPI and core CPI were smaller than the previous values and expected values. When the data was released, many tokens pumped, but quickly returned to a downward trend. This shows that fluctuation of the crypto is still dominated by ETF news. Of course, if more funds enter crypto market...
there was a significant drop in the price of Bitcoin as it experienced a sudden decline of $1000, bringing it down to $35,344 by the evening. This downward movement caught the attention of traders and market observers. The Relative Strength Index (RSI), a commonly used technical analysis indicator, also signaled a bearish trend, further supporting the notion of a...