Get started

Dip

BTC Stopped at $45KAfter last week’s roller-coaster that transpired when Russia invaded Ukraine, bitcoin started to regain value and knocked on the door of $40,000. While it was stopped there at first, the asset broke down that door on February 28 and kept climbing towards weekly highs. This resulted in nearing $45,000 at the start of March. In fact, BTC touched that level twice in the past two days but failed to breach it successfully. The latest rejection came yesterday. Bitcoin briefly exceeded that level and marked a new 3-week high, but the bears stepped up and pushed it south by $2,000 to $43,000. It tried to reclaim some ground in the following hours but stands just a few hundred dollars above that intraday bottom as of now. Nevertheless, being more than 20% up weekly means that the asset’s market capitalization is well above $800 billion.
BINANCEUS:BTCUSD
by gibsonlookey
Is war negative news for cryptocurrencies? 🧐🗣️🏳️Hello everyone, The title clearly asks a question that each of us should ask ourselves. I buy at the bottom and I don't wait for bigger drops, because in my opinion there may be no more of them! Today in the news, each of us read about Russia's invasion of Ukraine, which took place. The stock market reacted immediately, but was the decline strong in relation to the strength of the information? Absolutely not! Bitcoin does not want to fall further. So what bad would have to happen to smash Putin and move the price down? We have to wait until the next day to be able to wonder if it is really a hole. In my opinion, people will flee to cryptocurrencies from fear of losing funds, not working banks or hacker attacks on access to electronic banking. Therefore, Im buying some extra to my wallet and waiting for the situation to develop. Everyone buys at these prices. On the chart, we are currently in a key place for BITCOIN AND ETH. The last trough for us is the final resistance to going down to $ 1,500. If we beat him. If the price rebounds, it could make a beautiful doublebottom and shoot up to the resistance of $ 3,200. Comment and like, Greetings.
COINBASE:ETHUSDLong
by SayMoney
1
BTC - Let's See Which Trend Line Can HoldI don't normally talk about trend lines as they can be real pain in the a** sometimes as they get invalidated quite often but still. We can see that the green one is REALLY strong one so if broken yellow one will not hold as a support, the green one should. As a sad before BTC could still dip a bit lower with a wick, that would in practise scared a lot of retail because of this broken green trendline that would inevitebly occour in such situation. Don't worry about that to much as price would very quickly rebound back up. Market is already scared enough and selling pressure is diminishing and losing strength. Summer 2021 lows will hold till we get back into a 55-60k area, then after that we will collapse lower eventually. This is something we have yet to talk about when this will start to happen. I am not a financial advisor so non of this should be taken as a financial advise. Be well. BINANCE:BTCUSDT
by AVA37
Bitcoin at the most important support level ~42,000It is no secret anymore, Bitcoin has arrived at the largest and crucial support level of February, ~42,000 It has already bounced off several times from here, and the optimistic will hope it will bounce off again for a hit at that crucial resistance at ~45,000 Yet, we need to understand that the range we're looking at is starting at ~30,000 and that means that there is a price level there where perhaps bears want to touch before they will allow bulls to kick it hard. Ultimately, this is a traditional game of Tug of War, and the long term winners will as always be the bulls. Temporarily however, the bears will run the show.
by UnknownUnicorn35305092
6
BTC dipping before a potential breach of ~45,000 levelsThe 4h chart of Bitcoin is in uptrend and to breach the uptrend, a major collapse needs to happen at this point. Rather than a collapse, the chart indicates the dip we are experiencing now as a potential necessity before breaching the ~45,000 price mark. Nonetheless, RSI shows both on the 1h and 4h chart, Bitcoin is entering oversold areas. This could be a a planned move by the bulls after being rejected several times at ~45,000, exhaust the bears in a calculated dip to go long and enter ~48,000 within the upcoming third week of February. Traders should be cautious with their trades, we are still considered to be in no mans land. The winners are those who entered long trades at ~30,000 price marks
by UnknownUnicorn35305092
1
CYPTO.COM (CRO) GOING FOR (0.33) SUPPORT RETESTKUCOIN:CROUSDT looks like it has broke its upwards momentum and is now heading towards the 0.33 support. I expect the support to hold ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree, manifest yourself in the comments ⬇️⬇️⬇️ Stay updated for more content Have a nice Day : ) Bye! ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
by xtekky
2
Buy the DIP! ETH TECHNICAL ANALYSISHere are the support zones for ETH The lines that are larger represent the max support/resistance The lines that are thinner represent the start of the support/resistance I have no idea where the bottom might be. The trend line has been broke and the first support level too. HODL! Split your capital for these support zones. Unless it comes back up soon, which if it does make sure it breaks a resistance zone and makes it support before putting in the rest of your capital.
by pastworks