According to the January 21 analysis, after identifying the trading range and determining its highs and lows, we expected Bitcoin to complete this pattern at 92,303. However, after reaching this level on the daily timeframe, the price made a strong spike, breaking the large trading range between 92,303 and 106,436, entering a new phase and movement. After its...
Channel breakout and surpassing the price of 0.33397, followed by a corrective move in Dogecoin based on the analysis on January 27 and a correction down to 0.20145. After a corrective move and the formation of a Pin Bar candle, if a bullish move forms at 50% of the Pin Bar’s shadow, we can expect a rise up to 0.30695. Otherwise, the current movement will continue.
Following the previous analysis on January 24, the price of Bitcoin has reached the bottom of the trading range channel.
With a breakout, the scalping support level is expected to reach the 1.04715 range.
Breaking the range specified in the previous analysis and correcting the price to the lower range
Beautiful price movement towards 100,000 levels and the 4-hour timeframe ascending channel breakdown
After breaking the resistance level of 116.18 with a spike and pullback to the level of 116, we expect a move to the level of 140 on the daily time frame. Trade simply, the market is not complicated!
Following previous Bitcoin analysis, price expectations are for a correction.
After the breakout with a spike and reaching the level of 1.04548, the upward movement of the euro against the dollar is expected to continue to the area of 1.06064 and be re-examined after reaching this area.
With the break of the 1.23301 level, the expectation of the start of the upward movement in the 1-hour timeframe begins.
Dogecoin is currently in an ascending channel and pullback to the 0.42194 level, and until it breaks out of this level upwards, buying Dogecoin is very risky.
After the price jumped and broke the levels from 67,000 to 88,000 Bitcoin units and formed a small ascending channel, the price has converted into a range between the two levels of 92,555 and 106,971 and is correcting the price. This range is expected to be for volatile trading between the two levels of 92 and 106, and volatility is expected between the two...
After the breakout of the descending channel on the 4-hour time frame, we expect a positive move towards the gap of 1.04639. The EUR/USD index is still on a downward path, and as long as the 1.06053 level is not broken out, the downward path and trend is expected.
After the rapid movement of the price from 2708 and going down and breaking the level of 2605, the price made a correction in the direction of filling the gap of the market towards the level of 2653 by reaching the range of 2545 and it is expected that after the gap is filled and the distance between the market and the collision With the trend line and reaching...
After breaking the resistance level of 37866 and rising to the point of 44375, the growth of Bitcoin to the level of 47000 is not far away, if the daily price candle closes below the price of 43261, a correction will be applied to the support. The level of 37866 is a suitable range for applying this price correction Because in the previous upward movement, a price...
Considering the growth of the CPI rate in the United States, the price growth is achievable up to the levels of 42720-51730. The current price growth of BTC and GOLD is currently due to fluctuations in the US CPI and there is no justification for price action. A key measure of inflation climbed to a near-40-year high last month. Economists are hopeful that America...