BTC technical analysis Bitcoin is fluctuating very weakly in the 4-hour time frame at the bottom of its daily trading range. The king of cryptocurrencies is fluctuating between $30,000 and $30,500 for the third consecutive day, which shows the indecision of traders. The relative strength index RSI is located in the area of 50. If the bulls are not able to...
Litecoin technical analysis One of the noisy currencies of the past days is Litecoin, which grew by nearly 70% in less than 1 month. Litecoin is fluctuating between the price range of $65 and $100 in the daily time frame. Considering the few days left until the halving for this coin, if the ceiling of the trading range is broken, we expect to move up to the...
Bitcoin technical analysis The king of cryptocurrencies showed a good price performance during the past days and grew nearly 20%. In the daily time frame, Bitcoin is approaching the long-term resistance zone of $32,000 and has been fluctuating between the price range of $30Kto FWB:31K in the past 7 days. In the continuation of the upward trend, if the trading...
Ripple technical analysis In the daily time frame, Ripple has shown certain reactions by hitting the resistance zone of 0.55 to 0.57 cents. Considering that Ripple is in a long-term trading range and the price is currently close to the ceiling of this range, in case of breaking the line A short-term bullish trend of the price could move to the support area of...
Bitcoin technical analysis Bitcoin's weekly candle closed above 26,200$ after 2 consecutive weeks of decline. The king of cryptocurrencies is still in a descending channel in the weekly time frame, which reacted positively by reaching the important support range of 24,800$ to 25,000$. The RSI relative index fluctuates between 45 and 50, which indicates weak...
Ethereum technical analysis In the daily chart, Ether could not break the resistance of $1920 and fell from this area with the formation of a double ceiling pattern. Ethereum's uptrend line was broken due to prevailing market conditions and the bears were able to drop the price below the $1750 support level. If the selling pressure continues, the bears could...
BINANCE:BTCPERP Hello every one. I hope you be safe and happy about your trades. . this is my idea about new movement of BTC in 4H TF, so it is just an idea and pls do not consider it as financial advise. thanks. As I can see in the chart, and other factors that have correlation with BTC chart (Bito ETF, DXY, AUX, BTC.D) without any fundamental analysis, The...
COINBASE:BTCUSD Hello all traders. This is my new point of view about BTC daily chart in long term and I hope it can be helpful for your ideas and trading. As I mentioned by line in the chart , there are two different scenarios about moving of BTC. The first scenario according to many index like, DXY, BTC.D, OTHERS ALTCOINS, and also BITO SHARE index, which...
HI everyone. As I analyse both BTC and BITO(proshare index) and also DXY ($ index) it seems that BITO is at the top of it`s DECSENDING CHANNEL. On the other hand, in 2 candle BTC moved up from 37300 till 40000 which is a very exciting move and we must wait till pull back to it`s break even. In my opinion, BITO index can tell more than BTC chart because the smart...
BINANCE:DYDXUSDT As I can see in the chart DYDX break it`s trend line in 1 hour time frame toward up. It is in the phase of pull back to break area. It is not suggest to buy but in my idea it`s bullish UP to 39% in next two weeks but related to the BTC move we must see next move BTC. First target is 8.23 as it shows on important level of Fibo and next targets are...
BITFINEX:BTCUSDSHORTS Hello every body. This is my prediction about BTC in Daily TF which is in the very important level of correction to 39000$. why? As I analyse the chart form the ATH we drop down 22% and again back for 12% up. This waves continues their act till this level which is 47000$ and now we must wait for the go up 12% which almost in support level...