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BTC/USD Coinbase (Trend/Levels) It feels like were are chasing 30k-25k at the moment. Could that momentum flash sell it to 20k for a quick buy in for whales? Still have downward pressure. China isn't helping, but we all know they are going to be buying these lows lets not forget that ! Rocket on the way ? If we get more buyers then sellers within these next 48 hours , maybe we finally surge pass resistance levels of 42k and start our way back up to ATH's . Not financial advice. DYOR. Leave a comment
COINBASE:BTCUSD
by lupolanco
2
BTC/USD Coinbase (Trend/Levels) Bouncing on key levels shown by rectangles. If if break each level up or down it'll follow the trend of its direction. It feels like we're going back to aprox. 38.6k. If we go below those levels we might test approx. 35.4k. If we trend up, the level we have most difficulty with is approx. 42k. When we surge pass 42k we can start testing higher levels of approx. 45.9k. In hind sight I still feel we are on the down trend maybe bounce back through the morning reach 42k levels if downward momentum has less pressure. Not financial advice. DYOR. Leave a comment.
COINBASE:BTCUSD
by lupolanco
LTC has a long way or will be terminated soon?!Due to latest analysis, it made a upward movement because of breaking the contracting triangle roof. In a larger view, I think it's within a upward W-X-Y correction which waves W and X were completed. Also an A-B-C pattern is within wave Y which first 2 portions were completed. But wave C is remained. There are 2 scenarios for the wave C: 1. Ending Diagonal as the wave C 2. Leading Diagonal as a wave 1 within the larger wave C If the first scenario would be correct, future upward movement will be the latest (as I specified in the chart). But if you consider the second scenario, it has a good profit in long-term trading. Summary it should make a upward movement but in the future it needs to be reviewed again.
Long
by AliBahaari
ADA: Solid Bullish Trading ChannelSince 13MAY, Cardano has established a very solid bullish trading channel and is currently trending well inside it. ADA is now in price discovery mode after breaking the All Time Highs. One point on ADA that's important to understand is, unlike most ALTCOIN projects, ADA tends to have a more negative correlation to Bitcoin. Meaning, when BTC is going down or is stagnate, ADA tends to do well. We've seen this play out multiple times since as far back as at least FEB2021. That said, it's important to watch the BTC strength as that may give us a short-term indicator how much more run-up space ADA may have before settling down and consolidating. Long term, I firmly believe ADA will be $10+ by the end of this Bull Market Cycle. How fast we get there and how much higher we go beyond that will depend on too many factors (BTC strength being just one) to break down in this short analysis. For now, watch for a break in the price action and any indicators of a bullish reversal pattern as well as keeping an eye on BTC price action to give an indication of how ADA's movement might adjust. **NOT financial advise. Just a guy, making money, trying to share knowledge so you can make money too**
KRAKEN:ADAUSDLong
by UnknownUnicorn17806789
ADA: Solid Bullish Trading ChannelSince 13MAY, Cardano has established a very solid bullish trading channel and is currently trending well inside it. ADA is now in price discovery mode after breaking the All Time Highs. One point on ADA that's important to understand is, unlike most ALTCOIN projects, ADA tends to have a more negative correlation to Bitcoin. Meaning, when BTC is going down or is stagnate, ADA tends to do well. We've seen this play out multiple times since as far back as at least FEB2021. That said, it's important to watch the BTC strength as that may give us a short-term indicator how much more run-up space ADA may have before settling down and consolidating. Long term, I firmly believe ADA will be $10+ by the end of this Bull Market Cycle. How fast we get there and how much higher we go beyond that will depend on too many factors (BTC strength being just one) to break down in this short analysis. For now, watch for a break in the price action and any indicators of a bullish reversal pattern as well as keeping an eye on BTC price action to give an indication of how ADA's movement might adjust. **NOT financial advise. Just a guy, making money, trying to share knowledge so you can make money too**
KRAKEN:ADAUSDLong
by UnknownUnicorn17806789
4