Ethereum 1d by RB🧐
Hello, dear friends! Today, let's take a look at the Ethereum/Dollar chart!💥
On February 25th, the last line of the descending trend was broken upwards, as indicated by the blue circle - that's serves as an excellent signal for further growth.
The question now is when to expect a correction? And how deep will it be?🧐
The next strong resistance levels are 3590 - 3980! Reaching these levels, the price may start a correction for further growth. The depth of the correction will depend on further price formations, so I will update the chart accordingly!
Thanks for Your attention.
Stay tuned!🫶
Sincerely Yours, Kateryna💙💛
Rocketbombforecast
BTC Gaining Momentum💥Hey guys, Keep an Eye on the Inverted Head and Shoulders Pattern!💥
It's time to stay vigilant as Bitcoin gains momentum. The inverted head and shoulders pattern remains in play, signaling potential bullish movement ahead.
If Bitcoin manages to break through the crucial 65,650 level, it could serve as a significant signal for the bullish trend, indicating a possible victory over the bearish trend. We can see 70 000 - 71 000 soon!
Don't forget to keep an eye on this fractal for potential insights into market behavior. 👇
Stay tuned for more updates and analysis!
Always Yours, Kateryna💙💛
BTC on 9 h vs 1h charts💥Hello, friends! 🩷 Bitcoin is once again hovering and teasing us with its movement. 😏You might think it's stuck just like it was a few months ago, when we anticipated a price drop, but in my view, there are some differences that I'll try to describe in this post.👇
For clarity, I divided our chart into two parts - the left side showing the 9-hour timeframe, and the right side showing the hourly timeframe.
👐On the longer timeframe - the left side - we see that the price has broken out of the triangle upwards. Many of You, seeing a fake breakout from the same triangle before, might rightfully ask,<< could this be another fakeout?>> In my opinion - no, because the price has already consolidated sufficiently above. So, we have a breakout of the triangle.
👐Now, let's move to the chart on the left - the hourly one! There we see our breakout with the price formed in more detail! We can observe impulsive movements and the formation of a short-term channel, looking at which we can expect the price to rise to the 67,500 level. Then, we may either continue forming this channel by lowering the price to 66,100 and then rising again to 67+.
I think this will be the accumulation period before the moon flight:))
What do You think?😎Write Your thoughts in the comments.
Also, here's my educational post on trading channels, by the way, take a look😘
👇👇👇
Thanks for Your attention💋
Always sincerely Yours, Kateryna💙💛
The key to understanding movements🔐Hello, traders and investors!🫶 I'm glad to welcome You to my page!
Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see it. And that's what we'll do together now.😊
Let's take a look at the weekly Bitcoin chart👀
Every trader can see something of their own. The most striking thing is the ascending trendline under which triangles are depicted. Each triangle is a cycle. In it, I discovered an interesting pattern, that I want to share with You.
I have highlighted the pattern on a white background on the left side of the chart.📊
Even before the formation of the triangle, the price forms an accumulation zone (orange 🟠 color), then goes through a distribution phase (red 🔴 color), then there is a 100% growth 🟢, after which the price corrects by 30%, and then comes the final phase - parabolic growth. This is where the bull market ends. Then comes the bear time, and the price forms a descending triangle trend for several years.
In addition to what I have depicted on the chart, it is important to consider such factors as:
▪️ Fundamental analysis: Understanding economic, political, and social factors influencing the market helps predict its movement. This may include data on interest rates, inflation, unemployment, geopolitical conflicts, and other events.
▪️ Technical analysis: Analyzing charts and statistical data helps identify patterns and trends in price behavior. This includes using various indicators, chart patterns, and support and resistance levels.
▪️ Market sentiment: Understanding the moods and emotions of traders also plays an important role. Market sentiment can be optimistic, pessimistic, or neutral, and this affects trading decisions.
▪️ Manipulations: Sometimes prices may be subject to manipulations by large players or institutional investors. Understanding their strategies and tactics can help determine possible price directions.
Understanding the key factors that determine market movements is an important tool for successful trading. Whether you are a novice or an experienced trader, continuous learning and analysis will help improve your results. And remember, the market is always full of opportunities if you can recognize them. Happy trading!
Sincerely yours, Kateryna
Is This the Start of a New Bull Run?Hey traders! Taking a brief hiatus to recharge and gain fresh insights from the market, I stumbled upon a fascinating observation.
🔍 Upon closer examination, I noticed a striking resemblance between Bitcoin's recent price behavior and a small fractal pattern dating back to late February. Overlaying this pattern on the current chart, the resemblance is uncanny!
💡 What does this mean? If this similarity in price movement persists, we could be on the brink of witnessing Bitcoin surging to $71,000 in the near future.
💥 Brace yourselves, because the Bull Run might be closer than we anticipate!
Stay tuned for more updates and insights as we navigate the exciting world of trading together. Keep those charts close and your strategies sharper than ever!
Happy trading!🫶
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
📉 Bitcoin Price Update: Medium-Term Downtrend Continues 📉Hello, fellow traders and investors! 😊Let's dive into the latest analysis of Bitcoin's price movement.
As we assess the current market conditions, it's evident that we remain within a medium-term downtrend. Despite recent attempts to break above the main descending trendline, the price has failed to sustain upward momentum. This failure to breach the trendline resistance suggests that further downside movement is likely in the near future.📉
What can we expect next?👀 With anticipated minor pullbacks along the way, it's reasonable to project a descent towards the key psychological level of $60,000. However, the journey doesn't end there. Once we reach this level, it will be crucial to closely observe price action for potential further developments.
While my bias leans towards a continuation of the downtrend with a target of $58,000 and potentially lower, it's important to exercise patience and vigilance. Market dynamics can change rapidly, and it's essential to adapt our strategies accordingly.📊
Stay tuned for more updates as we navigate through these market movements together! Don't hesitate to share your insights and observations in the comments below.🩷
Happy trading!🫶
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
Ripple up to 3$ this year?👀Hello, dear friends!
Ripple (XRP) has been forming a massive triangle pattern since 2018, indicating a potential breakout to the upside towards the $2-3 level. This makes holding Ripple in your portfolio particularly relevant.
The prolonged consolidation period reflected in Ripple's price chart suggests a significant accumulation of market forces. This triangle pattern typically signifies a period of indecision, with buyers and sellers balancing each other out. However, as the pattern nears its apex, pressure builds, often resulting in a breakout. In Ripple's case, a breakout to the upside is anticipated, given the historical bullish momentum of the cryptocurrency market and the positive sentiment surrounding Ripple's technology and partnerships.
💥To confirm the typical price movement of Ripple, it is worth examining the formations and breakouts from similar triangles in the past.
2017👇
2018 👇
For traders and investors, the breakout from this triangle pattern could present a lucrative opportunity. A decisive move above the upper trendline of the triangle, coupled with strong volume, would confirm the bullish bias. Traders may consider initiating long positions targeting the $2-3 range, while investors could view this as a validation of Ripple's long-term potential and consider increasing their exposure to the cryptocurrency.
It's important to monitor key levels and indicators to confirm the breakout and manage risk effectively. Additionally, staying informed about developments in Ripple's ecosystem, regulatory changes, and broader market trends will help navigate the evolving landscape of cryptocurrency investing. Overall, the formation of this triangle pattern on Ripple's chart underscores the importance of technical analysis in identifying potential trading opportunities and optimizing portfolio allocation strategies.
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
BTC: short term perspectiveHello, dear friends!🩷 Let's quickly review the short-term perspective of Bitcoin.
What do we see on the hourly chart?🧐
The price hasn't reached the upper main medium-term resistance line; we're still within the descending trend. The price has formed a small head and shoulders pattern, indicating that the price will likely decline in the short term.
Possible levels are: 61,100; if it manages to hold and bounce off this level, it's a good sign. If the price will continue falling, the support level will be 59,800.
Take a look at the weekly chart and add the MACD indicator to it.🤫 It will surprise You!😱 What do You see there? Write in the comments!
Which charts are You more interested in? Short-term or long-term?
Thanks for Your attention🤗
Yours sincerely, Kateryna💙💛
$ 59 500 soon?
Hi! The "Bart" pattern in trading is named after a specific type of price movement on an asset's chart, resembling the contour of Bart Simpson's head from "The Simpsons" cartoon series.
Characteristics of the Bart pattern include a sharp price surge (vertical spike), followed by a rapid decline (horizontal consolidation), and finally a return to the initial level (second vertical spike). This pattern is often associated with market manipulation or anomalies, where large players such as traders or crypto exchanges may create the illusion of rapid price movement to induce other traders to enter trades and then exit with a profit.
The name "Bart" was coined for this pattern within the trading community due to its resemblance to the head of the character Bart Simpson.
Sincerely Yours, Kateryna💙💛
What do we have this time?Hello, dear friends! 🩷In your opinion, does the price formation look like it's heading upwards or downwards?🧐 Let's disregard the halving event and the moonshot hype.
🤷🏽♀️To be honest, in 2020 everything seemed quite obvious to me:
🟢there was significant accumulation;
🟢all possible indicators were giving bullish signals;
🟢chart patterns were also quite positive;
🟢additionally, there was the halving event.
What do we have this time?
🔴The price is moving in a downward trend;
🔴Indicators are bearish;
🔴Chart patterns seem to indicate uncertainty in the medium-term perspective;
🔴The halving event has occurred.
I'm so interested in Your opinion. Bitcoin cycles have been stretched in time (each subsequent one has been longer than the previous), so it's quite plausible to expect a price decrease followed by further growth, possibly not very rapid. What do You think?
Thanks for Your attention 🫶
Always sincerely with You, Kateryna💙💛
Bitcoin on 4h chart💥
Hello, dear friends! I think many of us were cheered up by a little Bitcoin pump. In fact, nothing unusual, it's seen within the framework of a descending trend. It's very important to monitor the price behavior, which may approach 63,000.
I see several possible scenarios:
📌Scenario 1: The price will rise to 63,000+ and test the descending trendline, then go back down to the lower part of the wedge.
📌Scenario 2: The price will rise to 63,000+ and test the descending trendline, then start a consolidation process (this will be an excellent signal for growth).
📌Scenario 3: The price will rise to 63,000+ and test the descending trendline, then sharply drop to around 62,000.
Which of these scenarios will unfold, there may be other unexpected ones for me, but the MACD indicator has crossed the lines indicating a price decline.🤫
Exciting times ahead!👏🏽
What are Your thoughts? I'm very interested to read Your thoughts, write in the comments!👇
Thanks for Your attention
Sincerely Yours, Kateryna💙💛
Bitcoin on 4h chart by RB🚀Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇
Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line)
and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish sufficient support at this level, the price decline will continue, and we'll witness 54,500 and a sharp dump to 52,000.
If You found my analysis interesting, hit the 🚀 and subscribe, and I'll be delighted to see You in the comments under my posts.
Thanks for Your attention🫶
Sincerely Yours, Kateryna💙💛
BTC $58 000 incoming...$52 is possible🧐Hello, dear friends! 😊The cryptocurrency market continue declining rapidly. Of course, Bitcoin is doing the same.🔻
I've shown You on my chart, what we might expect in the next week or two.👇
In the photo ⚪️ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.📖
I think we can expect something similar. 🧐The $58,000 level has been looming for a while.🤓
If we hold there, we might be able to bounce off it. It's a strong support level. If we quickly drop below it, then we might see $52,000.💡
❌Being in a long position right now is very risky.❌ People, who were planning to wait it out should reconsider their strategy. The market is still in a downtrend, as usual before a halving. However, the current downtrend might last a bit longer.🤷🏽♀️
📌But: there are plenty of cool opportunities ahead, so don't despair!🩷
Thanks for Your attention🫶
Always sincerely Yours, Kateryna💙💛
Is it realistic? Or too pessimistic?👀
Hello, dear friends! I hope You're having a great weekend!🫶
Today it happened! The halving has occurred. The price hasn't reacted yet. And that means that significant movement awaits us ahead! How are You feeling? Will bulls or bears dominate the market?
I wanna share with You one of the possible scenarios for price behavior in the near future.
What do You say? Is it realistic? Or am I too pessimistic?
I want to preempt trolls - that's just one of the possible scenarios! There's no need for negativity in the comments, it's better to skip the post and move on!
And for those who agree - press 🚀, let's see how many of us anticipate a price decrease. 😊
Thanks Your attention🩷
Sincerely Yours Kateryna💙💛
Ethereum vs Bitcoin by Rocket Bomb 🚀Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart!
As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market.
👀Keeping an eye on this price is useful for making decisions about trading or investing, considering the dynamics of the two largest cryptocurrencies.💥
Today, I've prepared a weekly chart for You to examine the medium to long-term perspective! 💡On the chart, You can see a large number of falling wedges (also known as descending wedges) - a pattern, that signals an upcoming bullish impulse,🚀 which has always happened after the wedges in the history of this pair.
The wedges, that I colored in pink 🩷 had the same slope and consequently the same percentage growth when exiting the wedge, which was about 1000%.
Over time, the cryptocurrency market has gained immense popularity, and the market has become more "weighty," slowing down growth slightly and reducing it in percentage terms!
In 2021 (the wedge became less acute, and growth was about 250%), I colored the wedge in brown 🟤 for clarity!
As for the potential in the coming years, 250% is quite a realistic indicator - but it's too early to talk about it.🤫
🔻In the medium-term perspective, we can also see a slight decline in price - and the completion of the wedge formation, followed by a phase of active growth.🚀
You can see the levels for the medium-term perspective on the chart.🧐It's better to make purchases on price pullbacks, so keep an eye on that!👀
Thank's for Your attention, I hope the information was useful to You. If yes, click 🚀 and subscribe so You don't get lost!🫶
Always sincerely Yours,
Kateryna💙💛
Quick BTC Update📊Hey, friends! Here's a quick Bitcoin update just for You!😊 What do we see?👀
On the two-hour chart 📊, I've identified a forming descending triangle. The price has tested the main descending trendline several times, but it has failed to break above it. This indicates, that the price is more likely to continue declining, ultimately completing the formation of the pattern. With minor pullbacks, we can expect the price to reach the level of 60,000, and then it's worth observing the subsequent formation.
What do you think, friends? Are You feeling bullish or bearish?🧐
Is the rise postponed, or will it sneak up on us? Share Your thoughts in the comments!
Thanks for Your attention,🫶
Sincerely Yours, Kateryna💙💛
BTC: Everything points to $ 58,000🔻Hello, dear friends! 😊I've been closely watching the Bitcoin chart and trying to find the answer to the question: what awaits us next? 🧐
I intentionally replaced the usual Japanese candlesticks with lines on the chart for clarity, so that no noise would interfere with us seeing what I want to show you. And that's t he triple top pattern .📊
I know many of you wouldn't want to see further decline in Bitcoin, as it will take more time for the price to recover, but still - the importance of technical analysis patterns cannot be underestimated.🤷🏽♀️
A Triple Top is a chart pattern that consists of three equal highs followed by a break below support. The chart pattern is categorized as a bearish reversal pattern .
⚪️ All three highs should be reasonably equal, well-spaced, and mark clear turning points to establish resistance.
⚪️ The highs do not all have to exactly the same level but should be “close enough”.
⚪️ The Triple Top pattern is similar in appearance to the Head and Shoulders pattern, in that it is represented by a series of three high highs and lows.
⚪️ The difference is that all three highs of the Triple Top will be around the same height, while in the Head and Shoulders pattern, the second high is higher than the first and third high.
⚪️ The appearance of the Triple Top indicates the existence of an uptrend, which is currently in the process of reversing into a downtrend. Buying pressure is declining so the uptrend is running out of steam.
⚪️ While the Triple Top is developing, it can look like other chart patterns. For example, before the third high forms, the pattern may look like a Double Top.Three equal highs can also be found in an Ascending Triangle or Rectangle.
⚪️ With a Triple Top, the support level can be identified by drawing a line at the base level of the lows, which forms a “Neckline“.
Preceding trend intensity is also important. A Triple Top emerging after a steep uptrend might be expected to result in a steeper decline.
It can be concluded that there's a high probability of seeing the price at the level of $58,000 soon. 🔻Whether the price will go even lower is hard to say at the moment. Let's keep watching.👀
Thanks for Your attention🫶
Always Yours, Kateryna💙💛
Quick BTC update💥Hello, dear friends!😊 As promised, I'm updating the Bitcoin chart for the short-term perspective🤫
After breaking the triangle downwards🔻, the price dropped below the $62,000 mark. We see, that further on, the price tested the lower trendline of the triangle (rising to over $66,000), and now there is a high probability that the price will again drop to the levels around $63,000 (possibly slightly lower) to retest the support line, which was formed. I've also highlighted it on the chart for clarity!📊
🧐What will happen next? It's very interesting, and I'll continue to monitor closely and try to update the charts promptly for You.🩷
Stay tuned,
Your Kateryna💙💛
Halving History Repeats? 👀🚀 Attention Crypto Traders! 🚀
Did you know that history might be repeating itself in the lead-up to Bitcoin's halving event? 📉 Last year, just one day before the halving, Bitcoin's price plummeted by a staggering 19%! And guess what? This year, we're seeing similar corrections as we approach the halving once again. 📉 It's a pattern worth paying attention to!
In the past few days, Bitcoin's price has been experiencing some turbulence, possibly foreshadowing what's to come. 📉📈 In the midst of this uncertainty, analysts are closely eyeing the charts, with some predicting that we could see a potential drop to the $58,000 mark before the halving kicks in. 📉💰
But hey, don't panic just yet! 🚨 Remember, volatility is par for the course in the world of crypto. And while corrections may be unnerving, they also present potential buying opportunities for savvy investors. 📈💸 So keep a close watch on the markets, stay informed, and make strategic decisions that align with your investment goals. 💡💰
What are your thoughts on the current market situation? Are you prepared for potential price fluctuations leading up to the halving? Share your insights in the comments below! 👇💬
And don't forget to hit the like button and share this post to spread the word! Let's navigate these market waves together! 🌊🚀
Thanks for Your attention,🫶
Always sincerely with You, Kateryna💙💛
Bitcoin's Steep Decline: Is $58K Inevitable?🫨
Hello, friends! 👋🏻Today, let's dive into the world of Bitcoin trading and explore some key insights from the daily chart. ⚡️
Today, let's take a look at the daily Bitcoin chart, where I've highlighted the time frame from the decline in 2021 to our current days in 2024 with a white ⚪️ bowl-shaped area. Starting from November 2022 until the beginning of 2023, the price was in the accumulation zone (highlighted in green 🟢 on the chart), after which we finally bid farewell to the downtrend, and the bears gave way to the bulls.💪
💡I've also added the Moving Average indicator, which is one of the simplest for novice traders and one of the most widely used indicators for trend and momentum determination: it's suitable for traders working in any style and on any time frame.
And what can we see?🧐 That each correction starting from the beginning of the uptrend touches this moving average line!
💥 It can cautiously be assumed that this time will be no different: the price may drop to levels of $62,000 - $60,000 - $58,000. You can see a strong support level on the chart: the price shouldn't fall below it, as we are still in a bullish trend.📈
I've highlighted the direction of price movement with orange 🟠 circles. By the way, the correction occurred immediately after the price broke the previous highs, as it has happened many times before, and this time was no exception!🤷🏽♀️
I wonder, what do you think, will the price drop to $58,000? or will the correction not be so deep? Write in the comments, let's make some noise!💥
Subscribe to stay updated!🫶
Thanks for Your attention💋
Sincerely yours, Kateryna💙💛
BTC on 3h chart🔻Hello, dear friends! 😊Let's quickly take a look at the 3-hour Bitcoin chart.👀
We see a sharp decline in price, I have updated the boundaries of the triangle, and now it looks like we are moving towards the level of 64,000.💥
If we hold this level, there is a chance to stay afloat, but if the drop is more serious, the scenario I mentioned earlier may occur.👇
What do You think? How deep can Bitcoin fall? Will there be a deep correction? Write Your thoughts in the comments!
Thanks for Your attention
Sincerely Yours, Kateryna💙💛
Solana 🔻Attention, dear traders! 📈 Today, let's take a closer look at Solana's hourly chart to assess its short-term outlook! 💪
Recent price movements suggest that Solana is forming a descending channel. I made some adjustments to it after my last analysis👇
This indicates that the price recently rebounded from the upper resistance level and is now heading towards the support zone, located at approximately $169 $ 165 - $162. 🔻
One more my SOL/USD chart, take a look 👇
For those eager to expand their knowledge in trading, I've included a links below for further exploration.
Stay tuned for more updates! 📊 Thanks for tuning in! 💼
Best regards,
Kateryna 💙💛
Ont ready to 🚀Hello friends, today I'm sharing with You a very cool coin, that's still in the shadows - it's Ontology.🤫
🧐Ontology is a public blockchain platform designed for creating and managing decentralized applications and digital assets. It is part of a broad ecosystem aimed at blockchain development and its application in various industries. Ontology represents an intriguing platform with a lot of potential for developing decentralized applications and innovations in the blockchain field.
As for the price chart of Ontology, it looks very promising!📊 The price has just emerged from a prolonged sideways (marked in green🟢), and the downtrend line has been broken, indicating that an uptrend is currently dominating.🚀
The prospects for this coin are huge! 💥Just take a look at the weekly chart of this coin (marked in blue🔵). If You draw a trend line, You can see, that the price is ready to go to the moon (❌ no, it doesn't mean You'll wake up rich tomorrow, it means, that if You buy this coin for the medium to long term, it will definitely provide You with excellent returns💰!)
👀What do You think, friends? How do You feel about the ONTOLOGY coin? Will You buy it?
Please write down which coins catch Your attention? I'll gladly create charts for them!🫶
Thanks for Your attention,
Sincerely Yours, Kateryna💙💛