seems like getting ready for massive breakout formed text book symmetrical triangle in 3 days tf now testing multi year descending trendline trend line has already tested many times probably weak trend line and expecting breakout soon incase of successful breakout expecting 220 to 240% bullish rally
Alt coins are bloody, the market moves based on Demand and Supply If we go back to our chart, we can see here that there is not much demand in that area, between 600B to 680B. In our previous data, in that area there was a good upward impulse movement, but now the sellers are more aware. We can go back to the 400B range of the Alts marketcap, and we can...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Thank you for reading our update. Please remember that this is not advice for trading. CHZ Looks to have a new uptrend volume This coin can have on this point a historical bottom point.
There is a very real chance Bitcoin will get rejected the 3d time from the supply area, which is coinciding with the upper limit of the channel. This rejection will cause the price to drop to $25000, thus forming a head and shoulders pattern in daily and weekly timeframes. And it wont look good from there as its very likely $25000 wont hold for too long,...
ETH/BTC has been trending downwards for over a year, and has now reached key support levels. Watch closely for a possible reversal within the zone, and act accordingly. Fib Grid : //Durbtrade
BTC - BITCOIN LEGACY - the big dog took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference. its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense. maybe a good long term map here; im...
Fractal - gold 70-80s Purple levels - Fibo crossing The red level is the bottom of the global rising wedge The last bull run in the 5th global super cycle wave The bears are coming soon
The Bitcoin market has witnessed significant price fluctuations, influenced by a series of pivotal events over the past years. The Bitcoin 2022 event showcased its growing global influence, while the Lightning Network's development in 2022 highlighted technological advancements aimed at enhancing transaction efficiency. The price consolidation in 2023, between...
Previous bear market was 798d Current may not be over yet if assumed same length The bull shall arrive soon though
Hello, everyone! Yesterday's pump which was caused by fake ETF approval news shocked almost everybody. As you know I thought that it was time to go to $21500, but when price stopped at $26700 and started forming consolidation I decided that another one push up is likele and wave 2 is a complex reactive wave. Now we can see on the BTCUSDT chart that dramatically...
BTCUSD is on a bullish 1D technical outlook and more importantly yesterday's rise pushed the 1W timeframe into technical buy levels (RSI = 55.657, MACD = 575.600, ADX = 23.863). This is more than encouraging as it keeps Bitcoin in Bull Cycle territory, over the 1W MA50. What we should be using as a benchmark is the Halving event. Next one is estimated to be in...
LRC has been losing value steadily after the initial 2023 pump. As of recently, LRC has fallen through the neckline of the head & shoulders pattern, completing this bearish pattern. In my eyes, this token will see more selling in the coming months. I'm looking at 0.10 for a potential long-term bottom, might even go lower than that.
At the start of the month I was looking for a short entry on ARB, which has been playing out great thus far. However, with ARB losing value rapidly, I'm starting to look for long opportunities. ARB is trading in a very well-defined bearish channel (or wedge). My strategy is to wait for the price to touch the bottom support. Ideally, the daily RSI will be below...
🔨Bitcoin seems to be breaking the Ascending Channel and 🟢 Support zone($27,580-$27,300) 🟢. 🌊According to Elliott's wave theory , Bitcoin has completed a Zigzag correction(ABC/5-3-5) in the ascending channel, but we have to wait for the next moves to confirm the end of the main wave B . 💡Also, the RSI indicator managed to break the Uptrend line and is...
👋Hi everyone. 📈Today, I decided to analyze Bitcoin almost completely on a weekly time frame with the help of technical analysis tools to give you a good view for the mid-term . ✅After rising almost ➕15% for the past four weeks , Bitcoin has started to decline again (as I expected in previous posts ✅). ☠️One of the reasons for Bitcoin's fall again...
Read the description carefully: Before you read the description we must say that we have no bias towards any symbol and we only publish what the chart shows us. If the green range is maintained, it is possible to make a new high, but it is really difficult, but not impossible! For this, the green range should be maintained. If the green area is maintained, a new...
Here is a long idea for BTCUSDT. The price has been trending down after the peak it has made. The price bounced from hourly support but got rejected from 4h resistance 4HR1. It seems that the price is heading to the next support which is 4h support 4HS1. This support shall provide bounce for a long trade and therefore a long trade is favorable from there. The...