ETHStrong resistance retested around 2900. The 4th rejection leads ETH to the intermediate support, which seems to form immediately below 2700. Possible lateral evolution in the channel formed between 2700 and 2900.
Cryptoforecast
SHIBAAs we estimated, the return to growth yesterday for SHIBA, a move that we hoped will continue today. So far, the day is starting to grow, which proves my idea. Long prediction for Shiba today.
DOGEAs I estimated, the return to growth yesterday for the Doge, a move that we hoped would continue today. Until now, today's candle, although slightly declining, was at the top of yesterday's. Long prediction for Doge today.
ADAFor now, the support indicated yesterday by the bold Green Arrow has resisted. therefore as long as the ADA stays above the line marked in red we can expect some increases. Long moderate prediction for ADA today.
DOGEFor now, the support indicated yesterday by the Green Arrow has resisted. therefore as long as Doge stays above the line marked in red we can expect some increases. Long term prediction for Doge today.
ADAImmersion today among Crypto, so also for the ADA, which is an important support. If it is broken, the Short trend will continue to previous lows. Short prediction today.
BITCOINAlthough as a Crypto representative, BTC withstood the declines a little better, the direction still seems to be clear downwards. It is important to see how it behaves if it reaches the 30,000 threshold again. That may be the moment of truth for BTC. Short prediction today.
ETHEREUMAnother day of drops for eth. If the support marked with a red line does not last today, eth may drop to 1500. Short prediction for eth today.
Ultimate BTCUSDT AnalysisHi, traders!
Not so long ago Bitcoin got 30000 price, but fortunately rejected it. We consider the current price action natural. Have a look at historical price movement. After every all-time-high we caught massive corrections. The same we can see here. Thus, we gonna represent you our up-to-date ultimate BTCUSDT analysis.
Middle-term analysis
Have a look at the plot above. As you see, the BTC make a huge arc pattern with great respect of both its lines. Moreover, the price is in the great support zone, based on previous higher-highs and lower-lows. We are waiting for a consolidation in it. Thus, judging by its current position (it’s made the second lower swing low), we see two scenarios.
Green scenario
After the consolidation, we break up all resistance lines. When the price will got near resistance arc, it’ll break it and make a new fractal. It can be both bearish and bullish.
Red scenario
After the consolidation, we break down all support lines and come to 30000$ again. We are sure that it’ll find great support there, thus it’ll probably make a new fractal based on 30000$.
Short-term analysis
As you can see on the chart, BTC has built descending channel. Nevertheless, judging by Fib. Retracement levels, it is about to find great support on 35469 $ level. Moreover, such descending wedges usually break up and make new bullish fractal. But, the power of bears could too big, and the price will get down even more. Have a look at possible scenarios.
Green scenario
The price will test 1 Fib. Level and reject from it up, breaking up the bearish chanel. We would advise you to open long after getting the price over 1.Fib level and take profit in the middle of 0.786-0.618 zone.
Red scenario
The price will break down the 1 Fib and go down breaking even 1.272 level.
Long-term analysis
As you can see on the chart, right now price is “lying” on the support zone that’s built by previous price actions. As you see it was tested and the price rejected from it’s bottom. Thus, we should wait and will see either the price reject from the support zone and start building new bullish fractal (Green scenario) or break it down and start to consolidate in it (red scenario).
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
SHIBAAs I said yesterday, SHIBA went up. Now he seems to have stumbled upon the first resistance which seems to give him little work. I hope for a return of Crypto today, and therefore of SHIBA. Long be careful!
DOGEDoge touches the upper edge of the descending canal in recent days, and seems to force it to break. If this happens, the Doge can advance to the next resistance marked in red. Long beware today for the Doge!
BITCOIN ! Easy pull Back for Bitcoin, which still has a lot to prove until it is clear the resumption of the climb. Long cautious prediction for King today!
RIPPLEAfter a beautiful evolution yesterday, XRP meets a fairly strong zonal resistance. If he manages to get past it, he can advance to the previous maximum. Long XRP prediction today!
BITCOINBitcoin seems to be "hanging" under its own weight, and although the rate of decline seems to have slowed down, we still can't say that it has found a turning point. It all depends on the perception of the owners, and to keep the positions. We are like in a Western movie, in which everyone is holding their finger on the trigger. It's enough to shoot one, and they'll all start shooting. Let's hope no one shoots you!
SHIBASHIBA is still in its first major support. It was falsely broken twice, but still resists. Any drop with whole candles, repeated, below the red line. it can indicate future declines. For now, I prefer to be optimistic and see SHIBA rise a little. But keep an eye on BTC, any decrease in it involving the rest of the coins.
DOGE Doge, slide slightly down on a secondary descent channel formed in the last 24-48 hours. As a bullish observation, it does not fall sharply, but seems to go down braking, with its eyes on the BTC. To follow the major support from the main consolidation channel, located at 0.37. A fall below this value may indicate a change in trend, and we can expect larger declines.
SHIBADay of indecision for SHIBA, who mumbled yesterday's earnings overnight. We are in a support, and we will have to wait to see how it comes out. neutral prediction with long tint for SHIBA today.
ETHA medium resistance is now in front of ETH. If it exceeds 4000, it has the road open to previous highs. Long ETH today .....
I ANALYZE FOR YOUR COMFORT - DOGEParadoxically, but as long as all Crypto fell, Doge stopped falling. As long as it is above the support marked with the red box, we still have hope of recovery. On the other hand if it passes under the support. it is a sign of new declines.
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I ANALYZE FOR YOUR COMFORT - ETHConsolidation channel for eth, who is just waiting for a small shot in the ass to take off to new heights. We live memorable times on Crypto, to take advantage while we still have the Bull Market :)
If you appreciate my analysis please like and follow. If you want other tools analyzed, leave their names in the comments, and in the next hour I will publish the analysis. Everything on green !!
I'M ANALYZING FOR YOUR COMFORT - UNSTOPPING DOGEHigher lows Higher highs, just like in the book. Doge sweeps everything, and climbs. Of course, we men know that what increases, then decreases, but in the case of Doge, that moment still seems far away. I don't see why we wouldn't continue to take advantage of it and why we wouldn't make the last drop of profit out of it. GO DOGE GO!
CountOnCrypto - Bitcoin Forecast 29/04/2021I can see an inverse head and shoulders pattern clearly on the Bitcoin chart, it is slightly deformed but that's not a problem in my eyes.
We could potentially break down as low as the left shoulder which is why I've marked a stop loss clearly below that level and below the .236 Fibonacci level. I expect us to breakout then re-test the dotted Fibonacci line as support to show strength in the trend.
It's important to mention that Inverse Head & Shoulder patterns aren't very reliable statistically in bitcoin and crypto in general but that doesn't mean they won't play out. We will see confirmation of a breakout by a sharp rise in volume following a rise above the right shoulder and dotted Fibonacci line.
The breakout target would be the height of the head and neckline from the resistance above the right shoulder. I am more bullish because we have already had three direct re-tests of the dotted Fibonacci retracement, the fourth time is commonly when it breaks; the more that resistance/ support is tested, the weaker it becomes.
