USDT.DWith the announcement of the inflation rate of 1.3% per month, which was higher than the experts' expectations, Dominance Tether reached its target in the previous analysis (please see the previous replays) and is currently completing the BAT harmonic pattern in the 4-hour time frame, which is the condition 8% resistance break and the end of its movement can be up to 9% or 10% and then we can expect a drop.
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Cryptocurency
COMPUSDTPERPAfter reaching the resistance, the price of this currency is settling down and has formed a range zone. It is expected that when the price falls below the range zone, we will see a drop in the price and the formation of a hard twin pattern, and the price drop will continue to the lower areas.
AAVEUSDTPERPThe price has managed to cross its ceiling and the resistance zone in the four-hour time frame with a strong audio momentum, but considering the weakness that can be seen in the price after breaking the resistance, this movement seems to be a fake failure and I expect that with If the price comes below the resistance zone, price correction will occur in this currency
Cycle Bottom Indicator [CBI] - Log Chart [UPDATE 07]For those still following at home, a final update before we get our enviable cross on our custom coded Cycle Bottom Indicator first live test.
As per previous posts, indicator has been fitted using the past two prior cycle bottoms with a 3 day tolerance.
TRXUSDTPERPAfter the upward rally of this currency compared to the market as a whole, we are currently experiencing weakness in the upward trend and the double lag of the recent upward step and the increase in the length of the corrective step, and as can be seen in the chart of this currency with the Bitcoin pair, the price cannot reach the midline of the channel and the range of Break price action resistance.
According to the descending pattern of the rising wedge formed in the chart with the Tether pair, expect a further drop or a pullback to the 0.07 area and the formation of a lower ceiling and a further price drop.
btcusdThe situation of Bitcoin in the 4-hour time frame, considering the strong movement of the previous fall and the closure of the markets in the next day or two, seems to fluctuate in the form of a pattern like a triangle, and it is more likely that it will leave the bottom of the triangle to complete the 5th wave and go to The support ranges will reach 17800 and 16300 in case of failure.
HNTUSDTPERP[Since the price has reached a strong resistance in the daily time and 4 hours, which has been supported in the past, I expect this currency to fall to the range of $ 7.