#Crack #Bitcoin #Binance #1D BTC finally broke out the $21,654 resistance, which is the 0.5 level of the Fibonacci trend extension, which has been a solid resistance since the formation of the low on June 18. With a strong bull trend, even the purple convergence top has been broken, and it is currently confirming support at $21,654. If the $21,654 support is...
#Crack #Bitcoin #Binance #1D The support in the $19,828-$19,118 section, which was mentioned as very important in the previous briefing, succeeded, and it held the previous candlestick along with a buying trend, showing the possibility of a rebound. However, it can still be viewed as an extension of triangular convergence or an extension of a bull trend, and...
#Crack #Bitcoin #Binance #1D Since the last briefing, the buying trend has not been continued, and it is showing a trend change by making Doge Candles and then falling. At this point, the blue medium-term bearish wave does not appear to have broken through the resistance of the 0.5 level Fibonacci trend extension, and it looks like Bitcoin will soon reach a...
#Crack #Bitcoin #Binance #1D After the progress of the two large trend continuation patterns, convergence appeared again, but the bullish breakout with a strong bull candle. In the big picture, resistance can be expected when the orange long-term support line has moved bearish, and when it rises again, resistance is expected. We can expect resistance around...
#Crack #Bitcoin #Binance #1D We explored all possible support zones using bearish continuation patterns and their Fibonacci extensions. Please take it lightly, as it is only analyzed as a Fibonacci trend extension of bear trend patterns without any other technical analysis. Sections containing the Fibonacci trend extension level of the large turquoise bear...
Hello everyone. Today we’ve prepared a comparative technical analysis for S&P500, NASDAQ, and Bitcoin in macroscopic perspective by observing daily and weekly charts. Line charts for future commodities from CME were used which are ES1, NQ1!, and BTC1!. Also, in order to observe possible trend reversal signal, RSI indicator with default length of 14 was referred...
#Crack #Bitcoin #Binance #Daily - In the end, a bearish breakout of triangular convergence and a bearish breakout of the $28.1k important support line appeared. - In the medium to long term, additional drops should be kept in mind because the $28k line support has failed. If the long-term bearish Fibonacci extension level of 0.618 and the support near $25,890,...
#Crack #Bitcoin #Binance #1H - Bitcoin has failed to break out the $30,655 resistance and is in the process of convergence in the short term. - With the failure to break out the $30,655 important resistance line, the possibility of further drops should be left open, and confirmation of the $29,301 important support seems critical when the convergence bearish...
#Crack #Bitcoin #Binance #Daily - The convergence break out has finally appeared. - An bullish breakout of convergence has appeared, and an additional bull trend can be expected with the closing above the $31.6k resistance section. - When looking at the trading volume, a strong volume appeared up to $26,700 touches, and it is still premature to expect a clear...
#Crack #Ethereum #ETHUSD #Binance #Daily - Ethereum is testing the support of the section $1,651.51-$1,786.12, which provided strong support from May to July of 2021. - The Fibonacci expansion of the bear trend was supported by the 0.618 level, and VP was made, but the 0.618 level support failed in the bear trend that appeared the previous day. - The...
#Crack #Bitcoin #Binance #Daily - Without breaking the resistance of $30,444.93 mentioned in the previous briefing, it looks like Bitcoin ended with a bearish convergence due to the emergence of a sell-off. - We need to prepare for a bearish trend, but we also need to keep in mind the possibility of an extended convergence. - A successful $28,715.32 support...
#Crack #Bitcoin #Binance #Daily - It looks like the convergence is still in progress. - An attempt was made to break out the upper end of the convergence, but it was finished without breaking the resistance of the upper end of the convergence. Last week's strong resistance of $30,444.93 still remains. - If the bull trend closes at $30,444.93 today while...
#Crack #Bitcoin #Binance #Daily - Buy signals for inflection are shown in the rsi_candle and racd indicators, but Bitcoin failed to break out the $31k-$31.6k resistance and is showing signs of hang back once again. - In the rsi_candle indicator, the oversold signal rebounded with the appearance of a golden cross in the racd indicator, but the rebound failed, so...
#Crack #Bitcoin #Binance #Daily - Bitcoin is trying to rebound after falling to the $28.1k-$29.8k section, which was importantly mentioned after the last briefing. - The green trend line connecting the low on January 4 and the low on June 22 also shows a rebound in the overlapping section and a signal of the possibility of a continued trend reversal in the RACD...
#Crack #Bitcoin #Binance #Daily - This is the appearance of Bitcoin's bearish breakout at the bottom of the blue large bull channel. - It seemed to rebound while keeping the $35,071 closing support level, but it showed a bearish trend again the day before and eventually fell. - In the event of a rebound, it is important to settle upwards of $35,071, and keep in...
#Crack #Bitcoin #Binance #Daily #briefing - Bitcoin, which had been on a bull trend since the start of the daily candle the day before, showed an additional bull trend following the announcement that Powell's interest rate hike of 75bps was not considered and broke the $39.2k-$39.5k resistance. - Further bull trend can be expected with a strong rebound at the...
#Crack #Bitcoin #Binance #Daily - It looks like a rebound is emerging from the $37k-$37.7k I mentioned over and over again. - Bitcoin is showing a strong rebound since the low of $37,386 the day before, and seems to be trying to break out the resistance above the blue bearish wedge. - A break of the $39.2k-$39.5k resistance seems important if the break above...
#crack #bitcoin #binance #Daily - It looks like Bitcoin has turned to a bearish trend after continuing failure to break out the $42k resistance. - During the bear trend, after failing to support the $39530.45 support line, it is converted into resistance and the bearish trend is in progress again. - If you look at the 'widening pattern' of lowering lows and...