Currently, three pair each have formed a triangle and all of these three had broke the triangle. BTC Wedge : ETH Triangle : BTC/ETH Wedge : So I think short term BTC going to performs better than ETH so in ETHBTC pair its gonna down like maybe 10% more from the current price. Then ETHUSD price will reach to the Weekly Triangle to pullback and test its...
1-As you can see in Curve, the price has overextended. 2-There is a strong supply zone in the 32-34K range. 3-Probably, like last time, the market maker is gathering the necessary liquidity to carry out his desired move by hitting the stop loss of the short and long traders.
The target of this Wedge would be 15,500$ in BTC, So price want to test its support and if it fails BTC might start another Bear trend and lead us to the final target which I believe is 10,000$ I think BTC haven't found its bottom yet and this short uptrend wants to trap Bulls as it did during this Bear market 5x times so be aware and protect your bag. When BTC...
Hello Everyone! a little Fundamental analysis : The world is in a destructive state, inflation is rampant all over the world, Food crisis is right around the corner, Federal Reserve continues to raise interest rates to fight inflation, Russia has cut off the gas on Europeans, Also Russia has invaded Ukraine, And China has the same intention with Taiwan. All...
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Hello Everyone! Its a risky trade but I think this demand probably pump the price for the liquidity up there. ---------------------------------------------------------------- Liked the idea? Comment, Like, Follow ✌
Hello Everyone! BTC have been formed a Wedge in 4h time frame and now broke from the bottom as you can see in the main picture. Also previously price was in a Trading Range with a 1h Demand Zone and its have been Engulfed (sign of weakness) : So I expect to hit its measured target which is match to the next Demand 4h. (Main picture) From there price could...
Hello Everyone! First Target is 1183 If price break the 1170, I expect to fall more. ---------------------------------------------------------------- Liked the idea? Comment, Like, Follow ✌
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Hello everyone! In Daily BTC is in a Flag right now which you can see it in the main picture. in 15m BTC is in a Wedge with RSI divergence: If Wedge break from bellow first target would be the floor of the Triangle, If its break from top the target might be the Triangle. In 2h BTC formed a Triangle: If Triangle break from bellow the measured target might...
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Time to sell, Another 99.99 dump is here. ---------------------------------------------------------------- Liked the idea? Comment, Like, Follow ✌
Hello everyone! Now BTC is in the most important support of its history and technically trend most reverse because we are in sideways in weekly, but yet unfortunately BTC is just formed a Trading Range in lower time frame which is not good, Because when price facing to its most important support, It should just move up you know that's the basic.. But when BTC is...
Hello everyone ! As you can see all waves have been completed, So it might be the time for the price to retracement, I think if Rune loss the 3 Dollar Support Level, Its safe to say that this token would loss a lot of value. ---------------------------------------------------------------- Liked the idea? Comment, Like, Follow ✌
Hello everyone! I think if Near break the Trend Line, price can reach to the next Demand Zone I painted bellow, If current level support it well then we can back to test the pervious ATH again. ---------------------------------------------------------------- Liked the idea? Comment, Like, Follow ✌
Hello everyone! ETH reached to a important Supply Zone and rejected from there, Also a Demand from 5M broke with channel. If we break the floor from the Wedge below, I can expect more sell pressure with a measured target of 2416, Also we have some divergence in RSI And it does increase the wedge...