The price experienced a decline in the first return to the FL range, but in the second return we saw a smaller correction, so we can expect that the FL range will be weakened and broken... And next short for crypto is coming
Beware of fake demand area. These areas are created by market makers and they do several positive reactions to gain traders' confidence in it, and then when enough stop-losses are placed behind this area, the price is returned to activate the stop-losses. And then, The price starts its movement from the main demand area
USDT Dominance has reached the FTR range in the daily time, if the daily confirmation candle is received, the conditions for a positive reaction to this range are available. The RSI indicator is also in a relatively ideal position. BTC can have red days ahead. be profitable...
Mana currency lost the chance of a re-pump, at least for a short or long time, by re-entering its previous uptrend channel. Can have midline and channel floor goals. Unless the price is against a strong fundamental ...
Bitcoin moved to the demand area in daily time after breaking the last price ceiling but could not hold it . If it moves towards 46000, it will only move upwards if the price is above 48500, otherwise the price will move towards the target of 35000 and then 31000 ...
I am witing for secend break out from this bullish falling wedge . how about you ? :)
Shiba reacted well after hitting the floor of the ascending channel. There are two ways for Shiba to maintain the channel to climb to the midline or lose it and descend to the next support.
Bitcoin has twice experienced a relatively strong downturn, and this happened when it moved as far away from midline of the channel as the yellow arrow. Now it has moved as far away from midline for the third time, and this simple analysis can happen, If the weekly candle closes like this, and given the 2 top hit. what I have learned from this market is that...