BTCUSDT ForecastDear Patrons,
The BTCUSDT is still showing a bearish move and is hoping to continue its downward trend.
Two strong support areas have been marked.
Following that, three points of resistance are identified.
The Stoch RSI is indicating that the market is oversold but it will keep this trend continuing.
The MFI is indicating that the market is in a downtrend.
Most other coins will follow the bitcoin trend.
It is still a good time for traders who love to trade short.
This idea is for educational purposes only. Feel free to share your ideas in the comments.
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Good Luck
Btctrend
BTC/USDT#BTC Update
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BTC is performing in an ascending triangle I feel like BTC has performed in the past, will perform the same this time too That's why I have set some targets, resistance and sports have been marked to you in this chart. Similar charts have already been sent to you.
What next for VET?The four-hour chart shows that the VeChain price has been in a relatively steady bullish trend in the past few weeks. The coin has risen by about 81% from its lowest level in September. It is now approaching its key resistance level, which was also the highest level in September. At the same time, the coin has moved above the 25-day and 50-day moving averages.
Therefore, in my view, the outlook of the VET price is a bit neutral at the current level. A bullish breakout will be confirmed if the price manages to move above the resistance at $0.1570.
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BTC Trend since 2010 Leading up to NovemberI found a fractal on the BTC chart that shows that when there is an uptrend leading to November, there is a strong continuation.
This gives me reason to believe that we will see a trend continuation in November 2021 and possibly all the way to the cycle top.
Data from 2010: averages tell us what the cycle top might be
(See Next Idea - 🚀Bitcoin Cycle Top Fractal 💲110k - 💲286k!!!!? 💵🚀)
See the idea on my YouTube channel Link
BTC Warming Up for next moveOCT-NOV is Always Good For BTC Upward Movement. 2021 Wont Be Different. Already BTC broke the bearish trendline on daily timeframe and made a 25%+ Gain in this month📈 We are Expecting New ATH Very Soon While Some Noobs are Drawing Some Lines And Calling 20k Next. Don’t Follow those Idiots While Q4 is Big Time For BTC. We Already Mentioned BTC Breakout Coming At 43k Before OCT Start. BTC Already Reached 56k🔥 BTC to the moon🚀
~ @fortunecrypto100 ❤️
BTC analysesIn this case, Bitcoin can go through two paths, both of which are shown on the chart.
If it goes down, it will hit the key support of 462222, which if this resistance fails, we will see more bitcoin falling.
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Telcoin Price Chart The daily chart shows that in late July, the Telcoin broke above a descending trend line at $0.2240 on its way to $0.0298. However, the trend breakout failed to attract follow-through buying, and as a result, TEL is retesting the trend, now at $0.0198.
Currently, the trend support is holding up, and TEL has managed to bounce 14% to $0.0238. The tightly grouped 50 and 100-day moving averages sit just above the trend line, reinforcing the robust support. Therefore, this is a significant level and should the price continue to maintain above the trend, it’s likely to head higher, and in this event, a move towards the June high of $0.0385 looks probable.
However, the bullish view relies on trend support. And on that basis, if the price falls below $0.0198, it will invalidate the thesis.
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