Update BTC/USDT : The formulated model on the Daily chart is head and shoulders as explained before and also this is the reason for the random movement on the market. Now the significant resistance is $40800 and then comes after very important support of $38,000 by breaking it I expect to reach a new bottom! Of course, the expected scenario is we are going UP,...
BTC Analysis: (Daily Trading) Now we are under a downtrend and a resist of $37,350 the penetration and close 4H candle above it allows rising with a goal of $40,000. Our important support is on $35,700 close down by a 4H candle give a large % to make a new bottom. If you don't know about trading or have little experience in technical analysis, do not use this...
A quick one : We start with a good monthly closure, the current movement on the daily is a range of cumulation and hit stops only, do not look for opportunities for quick profit now because you will find only quick loss ... The current area starting from strong support is $44400 to strong resistance at $53600, between this area does not mean...
The current correction is a normal and natural thing because there is no UP and UP on finance markets without a break, the actual support is on $48800 if we close a D candle under it we gonna see a correction to $44800. let us watch carefully.
BTC Dominance is currently forming a consolidating in a descending triangle and clearly printing lower midterm support levels, which could mean a short-term correction for alts in general. On higher time frames, however, it has broken below its most important point of control, its 4H and Daily MACD show a bearish crossover, and long-term Ichimoku has now become...
Quick update: *************************************************************************************************************************** Plz get a look at previous analyzes. We've mentioned on : #4 / that the market will have a correction o 13% to 16%, and we can see exactly 17,xx% pullback. #5 / that the level 3.6429 is a good range to buy and collect some...
Quick update : We hit the INTERVAL1 (as we've mentioned it before) after the break POINT 1, but not the POINT 2 :( , for that we see the 2nd scenario, after breaking down our support 3.9361 now it become a resistance. - The action taken by the market is now still normal, as we said before we cant expect a 100% bullish market and we are in a correction of 13% to...
Quick update : As we said before, after the break out of the blue channel on the 3.8440 by a 4H candle, we hit interval 1, we have a resistance on 3.9361 that keep the price above it and form a bullish pennant shape that means the price will get a good momentum to go up to 4.9871 after breaking points 1 and 2. unfortunately, after all that bullish trend, we are...
-After we rebound from the Fib 50 on 3.1486 we've created the upper blue tunnel that has been tested several times at 3.6963 and 3.7520, also line 3.3308 becomes great support for the price in case of a pullback. -Now the price tries to break out the blue channel on the 3.8440 but we have a resistance on the level of 3.9161, and if a 4H candle closes above it we...
A quick update! As we still inside the yellow zone we are in the safe side of tha market
this will be a quick analyze for MANA, we've touche our 1st target and 2nd (3.3308/3.4900), and now and after the break up the downer tunnel and re-test it, we'll go to visit 3.9361 and if we get a pullback we have a strong resistance on 2.8129 as will 2.3375