The triangle pattern was unfortunately broken from below. And in pullback to the uptrend line and no HH formation, we expect a drop as large as the base of the triangle and the zigzag pattern. My personal opinion is a deeper correction in Altcoins.
Unfortunately, Bitcoin could not form HH in the daily time frame. It seems that Saadi had a corrective wave in the downward trend. I see this movement as a zigzag pattern. In the first stage, I expect a drop in the range of 36 to 37 thousand dollars. In case of failure of support, the fall of $ 30,000 is inevitable.
Form a Double-bottom and pull back to its line and start raising the price to the $ 12.8 area. Significant resistance of prz is felt in this area. This is the resistance of the double-bottom target and the descending channel ceiling. If the channel fails, I will retreat and try again and enter it again.
I predict a five-wave pattern that we are now in wave 4 correction. The most important support for the correction wave is 0.618 Fibonacci in the range of $ 1 and 0.786 Fibonacci in the range of 0.7325 $. And if the 0.786 Fibonacci support fails, the analysis will be violated and I expect more to fall. If we return to the main uptrend and start the fifth wave due...
With the breaking of the wedge pattern, the downside is expected to fall to $ 1.3.
In the weekly time frame has formed a pin bar. And in the daily timeframe involved the rectangle template looks like it will break soon. In case of successful failure, I expect to climb in the first stage up to the range of $ 18, which is the height of the rectangle. And we encounter the resistance of Kijonsen Flat and Chico Span B line.
After a good price increase, it is now stuck in a daily time frame pattern and is controlled in a resistance and support area. But when we look at the weekly time frame, the flag pattern is quite obvious and the expectation of the corner pattern failure goes up. In my opinion, the best buying area is the price in three steps, 0.52, 0.618 and $ 0.4, and I set the...
After 200%, we expected the price to rest and now the rectangular pattern has been formed. So if the rectangle breaks, I expect the price to increase by the height of the rectangle. Shit is in the range of $ 0.18 and the range is 1 Fblonachi.
I see the movement of Sol in 5 waves, the second wave is completed and the third wave will start soon. According to Hammer candle on 0.5 Qibunachi previous wave and Kijonsen felt. Ascending Candle Confirmation of Hammer Candle It can be said that the price correction process is over. Of course, given the position of the indexes and bitcoin, it is better to be...
We see the pattern of the flag in this currency, and if Bitcoin allows and the pattern is broken from above, I expect a 70% increase. If the yellow trend line breaks from the top, I expect a price increase as much as the flag bar, which is in the range of $ 3.5. Interestingly, the $ 3.5 range is the highest price the currency has ever seen and it is very likely to...
In the daily time frame, Golden Cross occurred, which is the first signal for the price of Bitcoin to increase and the possibility of re-testing its price ceiling. Given the state of bitcoin dominance and theter, an increase in the price of bitcoin is very likely, and in theter also the Golden Cross occurred, the last time it happened in 20DEC that we had a good...
We have a downtrend that has hit a lot so far, which gives credibility to the trend line. But the number of collisions is gradually approaching, which indicates its failure soon. Due to the possibility of forming an engulfing pattern and increasing the price of bitcoin and testing its price ceiling, I expect the trend line to break. The most important resistance...
The Altcoin index forms a triangle inside an uptrend channel and two scenarios can be predicted for it: 1. Break the triangle up when AltSeason starts which I hope will happen. Of course, for this to happen, it has to go through a weekly pivot resistance. 2. Failure from the bottom that we should see a deep correction in Altcoins. The failure line is accompanied...
Due to the formation of the flag pattern and its successful failure, I expect the price to increase to the range of $ 0.72, which is also facing a significant resistance of 1.618 Fibos at this price. And if the resistance of this resistance is fixed, the next resistance is predicted to be $ 0.9.
In the four-hour time frame, we see the formation of a rectangular pattern, and if the failure is fixed, I expect the price to increase by the height of the rectangle, which is in the range of 2.561. This is our PRZ range, which is the two most important resistors MA200 and the first target of the rectangular pattern; The important resistance of Kijonsen Felt is...
Yesterday, with the formation of a pin bar, I was waiting for the signal to leave, and due to the possibility of forming a bearish candle, I will leave this currency. The last time the MA50D to the MA200D grew by about 5,000 percent, and if Bitcoin starts to rise from the $ 42,000 range, there is a possibility of a good price increase in this currency. So I set my...
The last time the MA50D and MA200D intersected, the price increased by 500%, and due to the approach of the MA50D to the MA200D, and in case of interruption, the price increase is possible. Of course, it should be noted that at that time, Bitcoin was in a better condition than now. Considering the formation of engulfing in the daily time frame that takes place in...
Given the price attempt to break the MA200D and the placement under the Ichi Moko cloud and the possibility of a bitcoin fall in the coming days, it can be said that a fall is more likely than an increase, so the best support points are $ 0.2 It is a bearish wave and 0.1642 is the next static support which has done very well in the previous month. If the $ 0.164...