A rising wedge is forming on the 4H chart, hinting at potential bearish pressure. Adding to the caution, CVD divergence suggests that buying volume isn't fully supporting the price action—possible exhaustion ahead. ⚠ Not Financial Advice ⚠ Trade with caution! If you don't have a proper risk management plan, DO NOT TAKE THE TRADE. Always manage your exposure wisely.
Bitcoin has been moving within a parallel channel for a while, with many traders eagerly anticipating a push toward the $97,000 mark. However, this scenario is unlikely. Instead, Bitcoin is showing signs of losing momentum, setting the stage for a potential correction. Given this setup, we maintain our short trade position. As always, proper risk management is...
We’re currently looking at a textbook bullish divergence on BTC/USD. While price printed a lower low, the RSI formed a higher low on the 4H chart, signaling a potential reversal in momentum. This divergence often precedes a trend change or at least a relief rally.
You can call me crazy, but Bitcoin's chart is painting a very clean picture—a target of GETTEX:54K in the coming months. This won't happen overnight and will take time to unfold. For over two weeks, we've been stuck inside a parallel channel, and the price action is showing weakness. Buyers seem reluctant at these levels, and GETTEX:54K is shaping up as a...
ETH is currently showing signs of weakness. I anticipated stronger buying pressure and a significant bounce from the $1900 levels. However, this scenario hasn't played out, and instead, a bearish flag has formed on the daily chart. This pattern suggests a potential target around the $1300 range. Stay cautious—avoid FOMO and refrain from entering long positions at...
DOGE/USDT is looking extremely oversold A potential bounce could be on the horizon. Watch closely for the next move!"
Based on the current chart, it’s clear that Ethereum is on a downward trend with a likely target of $1,700. The price is expected to gradually test critical levels such as $2,200 and $1,800 before hitting the $1,700 mark. There’s no chance for ETH to rally toward $3,000 before retesting these lower zones. Be patient and set your limit orders in the $2,200–$1,800...