as you can see, bnb formed a triangle and break from down and pulback to it.
key areas marked in the picture.
i entred short position myself in this moment
note that the RSI trendline is break from down.
As you can see in the 3H time frame, ethereum is forming a descending wedge.
We have two scenarios for the ethereum.
the first one which is stronger one, ethereum can break the wedge to down, and also we have FED reports about interest rate, if the intrest rate goes up, we definitely going down witch marked it in the chart with the red line.
also we can enter...
As you can see we have AVAXUST in the 30M timeframe forming a double top and break it to the down and pullback to the neckline.
Also the RSI and the MACD have an divergence too.
in the BTCUSD on the monthly time frame, we had an up trend getting weak.
first, waves are getting weaker , also we never had that BTC test two times an ATH, its break that ATH in the second try but now it tests ATH two times and we see that in second try its rejecting the 67000 level.
also we had massive divergency in the RSI indicator
and also the MACD...
you can see that XRP forms a big descending triangle in 3 And 4 hour timeframe.
the price is already is in the middle of traingle, if the price breaks triangle at the end we can expect that price move At least 20% in both side.
Long target after breakout : 1.2600
Short target after breakout : 0.9600 or more dip
you can see that fake break out happend for ADA. now ADA is in the floor of chanell and it can see 2.85.
Also ADA is under the 200MA than means It is traded below its intrinsic value.
and last night alonzo har fork aplied on the cardano net work and add smart contract to thise nertwork and that means now cardano network can have competition with ethereum...
you can see that fake break out happend for ADA. now ADA is in the floor of chanell and it can see 2.85.
Also ADA is under the 200MA than means It is traded below its intrinsic value.
and last alonzo har fork aplied on the cardano net work.
with these explanation,everything is good for ADA.
