Bitcoin Dominance is testing the trendline and bouncing from there. Bitcoin Dominance is still bullish and with BTC high volatility we see more blood in alts market. Dominance will go to 44% levels in the next couple of weeks. The major support is 40% and breaks below will lead to a good rally in altcoins. Market gainers are currently much bigger than...
One of the classic price patterns of traders is the Cup and Handle pattern. This pattern is of particular interest to experienced traders when it appears. Today, I’m going to apply this special price pattern To the bitcoin chart. An important Zone that has been playing a major price action manipulation is the : 52800.00 52200.00 The cup of the pattern is a...
Probably the final grind down before a mid-term breakout, laddering orders all the way down to The lower range. A breakout of the downtrend line will be followed by a nice rally and give us some huge profits. TARGETS Short Term: 24.40 - 24.80 - 25.50 - 26.50 Mid Term: 27.50 - 29 - 31 - 34 Best Regards, Reda Souhail™
Dominance is again moving higher, the market tried to shift its market structure. Now #BTC is dumping and #Bitcoin Dominance is also moving higher A high of 42.13% should be a sign of a fall in #BTC.D. Best Regards, Reda Souhail™
I'm Bullish on this old baby girl. Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology. after the last pump and dump, it has been showing off the interest of people in it. Get you some my targets are 152-155-160-170-180-210. Reda Souhail™
$ETH fully taps into the Support Zone. The candle closes above the support zone with a large wick showing strong buys. The price will pump to the upside till the resistance zone is Above $3000. Best Regards, Reda Souhail™
Theta (THETA) is a blockchain-powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch. My entry on the...
Breakout confirmed of the ascending channel. It's time to go short on the EA pair it's a selling opportunity here. My take profit is 1.60000. Reda Souhail™
The GBP-JPY is facing a strong resistance area. The GJ may fall after a retest of the falling resistance trendline. The retest will cause a bearish reaction for the price and it's time to go short. My Take profit is 150.440. Reda Souhail™
After breaking out the major trendline of the descending channel pattern I'm predicting to see the price at the box in the 0.382 fib retracement level. Remember guys that the Q4 will be fire and the bullish momentum is coming stay safe! Reda Souhail™
The New Resistance area over the last 14 days is making the pullback of bitcoin price kinda slow and the good thing is we are still above our major support level. Up probability 49% Down 51% In the next upcoming days, I'm predicting the bitcoin price above 47k. Reda Souhail™
Ethereum dips to the retest area and even breaks the zone aggressively. Price almost dump till next support zone after the break it. There's is wick showing some sort of buying activity📈. Bitcoin also trying to hold above the major support level. Hopefully, we got a bounce from here. Reda Souhail™
🛎 After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction...I told you. Now as you looking at the chart it seems like Bitcoin is under big selling pressure. I expect a pullback then a higher move in the next upcoming days Stay Safe ! Reda Souhail™
I am still bullish on BTC and the same thoughts I had on my previous analysis that we are about to test The 51k area after breaking our major resistance. The divergence and the structure look bearish in the past 72h but I expect a little move down to the 46-45k levels before the take-off. Reda Souhail™
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology...After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction. Mixing The Elliott Wave theory with Fibonacci retracement I can know...
For the past couple of days, we have been creating a descending channel which is the most bullish form of consolidation with the highest probability of breaking to the upside and you can clearly see of course we broke right now our very important diagonal resistance level to the upside right there on the bitcoin chart and now our major resistance started to push...
Technically the S&P 500 looks bullish to me, after the trend we've been through since 30 October 2020 we've been holding a major support trend line ... We boke it 3 times down but the 50 moving average did a great job holding the price up 6 times for the past 202 days every time we broke below the trend line ... This time we are facing the same situation...and a...
First of all, let's talk about the small market cap which is sitting at the moment of writing this at $74,450,063 This is a low Gem cap and it has a big potential of x3 and even x5. The $DOCK price today is 0.1032. What Is The Dock Network (DOCK)? The dock is a platform designed to provide a simple solution for businesses and developers to build, manage and...