HotbitETF

HotbitETF

In the 4h time frame, YFII came to a key position: the $950 resistance area, and the price encountered EMA 200 again. As can be seen from the figure, although the price has broken out several times, it has all retreated below the EMA. There is reason to believe that if YFII can turn the EMA 200 into support, the bulls will push the price towards the upper line of...

HotbitETF

On the daily time frame we can see that CRV has finally come out of its long-term descending channel. While still below the blue downtrend line, the downward momentum has eased. Support at $0.84 appears to be very strong. The accumulation continues and I don't think bullishness is far off. If you like and support our analysis, please give us a like and leave your...

HotbitETF

Judging from the MACD within two weeks, a small-scale bullish divergence always exists. BTC is expected to test the EMA 200 resistance again this weekend. A return to Fib 0.382 is highly likely if a breakout is successful. If it fails, the $19k consolidation continues. If you like and support our analysis, please give us a like and leave your comment. 😘 Good luck~☘

HotbitETF Updated 

The bullish streak was followed by a bearish streak of XRP, which found support at EMA 100 on the 4h time frame. The price decline is expected to slow down. There is a bullish divergence on the RSI. STOCH RSI shows oversold. If you like and support our analysis, please give us a like and leave your comment. 😘 Good luck~☘

HotbitETF

As can be seen in the 4h time frame, BTC finally left the key support area, rising 5% back to the $20k level. $20,300 is a short-term resistance and also where the EMA 200 is. Next, BTC could see a short-term retracement to Fib 0.236. Continue the energy for further breakthroughs. If you like and support our analysis, please give us a like and leave your comment....

HotbitETF

On the 1h time frame, NEAR started to rise after falling to $3.557 (the price low in two months was $3.546). Currently the candle is still elongated and is close to EMA 20. I expect NEAR to suspend growth at EMA 100 ($3.764), establishing support. If you like and support our analysis, please give us a like and leave your comment. 😘 Good luck~☘

HotbitETF

GODS, which rose sharply yesterday, was interrupted. As you can see, the price is currently supported at EMA 20 and is starting to rebound. But don't relax. There is a bearish divergence in RS and POC remains near $0.38. If EMA 20 support fails, look for GODS to establish support at EMA 100. If you like and support our analysis, please give us a like and leave...

HotbitETF

In the 4h time frame, we can see that the CEO has completed the first major cycle of the Elliott Wave. The half-cycle of the sublayer is also completed. Perhaps the "bull market" belonging to CRO has begun. If you like and support our analysis, please give us a like and leave your comment. 😘 Good luck~☘

HotbitETF

Today's BTC 1h time frame analysis. During this week, BTC has a trend of approaching a "W bottom" pattern. We finished the second trough after the FOMC meeting. The price is currently recovering slowly. If BTC can withstand the pressure of the $20k sell-off after breaking the neckline, then BTC is expected to return to the space above Fib 0.382 ($20,832). If you...

HotbitETF

At yesterday's FOMC meeting, although the market expected to raise interest rates again by 75 points, the US stock market and the cryptocurrency market were hit hard again due to the reduction in the Q4 GDP year-on-year growth expectation and the increase in the unemployment rate at the end of the year. ETH plummeted by 10% in 4h, and still exceeded 6% after the...

HotbitETF

After bottoming at the August low ($1,422), ETH ushered in a small rebound to the $1,450 level. Although the MACD started to rise, the Stoch RSI showed overbought conditions. Still bearish for ETH. The price is predicted to go around Fib -0.236 ($1278), which was once a resistance level. If you like and support our analysis, please give us a like and leave your...

HotbitETF

ETH still failed to hold Fib 0.236 and the support of the ascending trend line. Dropped to around $1450. This price is somewhat lacking support and will be adjusted soon. On the upside: the RSI did not react strongly to the price drop, and even formed a bullish divergence. Bearish view: The price is somewhat unsupported and may continue to fall to the August low...

HotbitETF

NEAR 1h time frame analysis. From the chart, we can see that NEAR price has formed a descending channel in the short term. But please note that the negative line is prevalent and longer than the positive line. In the first hour, the price fluctuated wildly. Look for NEAR to break through EMA 20 and return to the top of the channel. The next step, is above Fib...

HotbitETF

MATIC daily time frame. Since bottoming out in mid-June, MATIC daily prices have gradually formed an ascending triangle pattern. If it can break the upper resistance line upwards, MATIC can break out of Fib 0.786. Back to the Fib 0.5~0.618 area (around $1.5). If it fails, the triangle mode is disabled. MATIC consolidation continues. If you like and support our...

HotbitETF

After finding support from the bottom of the ascending channel, XRP pulled all the way up to the $0.355 resistance area. And the bearish trend from August is here as well. If the price can break through the double resistance, it will be a very strong bullish signal. The price is expected to return to the top of the channel. If blocked, it is expected to return to...

HotbitETF

SOL 4h time frame analysis. Since July, in terms of volume profile, POC remained at $40.34. and VA is between $34.6~$44.55, both higher than the current price. This suggests that SOL has stronger traction near $40. Bullish on the price to recover to $35.5 on such market expectations. If you like and support our analysis, please give us a like and leave your...

HotbitETF

Daily time frame analysis. Over the past two months, FLOW has gradually formed a perfect head and shoulders pattern. This is a good opportunity to be bearish. If the price breaks below the neckline again, a bearish signal appears. I think Flow price will drop to at least $0.85. The amplitude is the same as the height of the head and neck. If you like and support...

HotbitETF

In the 4H time frame, CHZ is gradually forming an ascending triangle. Volume has dropped recently, with buyers and sellers waiting for a breakout of the pattern. From yesterday's RSI, there was a somewhat bearish divergence. So I am not optimistic that CHZ can break up. Expect the price to find support at EMA 100. If you like and support our analysis, please give...