Updating my analysis two days ago. That prediction was solely based on the TA (Technical Analysis with some indicators and trend lines.) As we all understand the price of Bitcoin is also driven by fundamental factors. No prediction is 100% accurate. Hence now it seems we are having BBB (Bitcoin Bullish Breakout) with the 5 times respected upper resistance line (of...
Despite my prediction two days ago, Bitcoin price broke the 200 Day Moving average and the 5 times respected upper resistance line of the downward channel. As we know the price of Bitcoin is not solely dependent on technical analysis (demand and supply) but it is also driven by fundamental factors. No prediction is 100% accurate. Now it seems we are heading to...
Looking at the Daily Chart we see descending channel, with lower highs and lower lows. The POC on the volume profile is passed through to the downside. The Stochastic RSI shows overbought in the short term, daily time frames. Hence in my opinion within the next few days we might see a downside to around 52K area After that we shall see the big upward move in the...
Being a strong project and reaching a strong support, I expect bouncing up from here.
Reaching Strong Daily support and being a strong project, I am bullish.
In conjunction with the Stocahstic RSI Oscilator, here seems a bounce up.
I am bullish on TON, a unique token on Telegram, and the recent developments of NOT coin and the like. Entering long here
The Daily time frame shows strong demand zone to act as a strong support. Being confirming this it is highly likely that it will go up. Make sure to get the details in the lower time frames for any potential entry, if you are planning to take this trade. ALWAYS EXERCISE PROPER RISK MANAGEMENT BY PUTTING STOP LOSS Let's see how it will go.
Being at key level concurrenty both in the 4H and Daily Time frame This is a strong support acting as a demand zone. I am expecting reversal to the upward. Let's see how it will go. Put proper stop loss if you are taking this idea for a trade entry
Multi time frame analysis for Matic showing - Trend continuation in the 1H - Trend reversal in the 15M - SA change: Support Changing into Resistance - Pull back entry Let's see how it will go
This is a key level for TRX at the Supply Zone. Look how many times it respected this level regardless of whether it was touching it or approaching it. Once we get a confirmation, we can predict the direction. AM expecting reversal as per the recent moves. Check it closely
Let's see from a higher time frame 4H and analyze. I am expecting a reversal from the supply zone or resistance shown. Our entery should be in a lower time frame, say 15 min or 5 min as a scalpling. Let's see how it will go. Groom Abrham