Kenneth4333333
Bitcoin went to 17660 on 18 July 2022 and after that, it is making HH and HL but the 50 MA is below 200 MA that's why we can say it's a short-term bullish trend . We can long bitcoin at this stage.
In today's post, I will do my best to bring an objective analysis of the current situation compared to all the available data we have on BITCOIN! Let's start with the current situation. How can we describe it? - On the 21 of April 2021, the bearish market started. From that point, Bitcoin never made a significant movement above that level. That's why I consider...
There is a set of questions to ask yourself before opening a transaction and we will talk about some of the common ones. 1) Are my entry criteria met? Undoubtedly, everyone has his own style of trading. Entry and exit strategies should be included in each and every trading plan there is. Only if the entry criterium is met, should we enter a position on any...
Bitcoin has broken the 20K major support which means the next level of support is around the 14K area. IF Bitcoin cannot get back above 20K over the next couple of days, then a significant change to the longer-term wave count has to be considered. In this article, I will explain some scenarios that can play out in the coming week. The bullish scenario: The lower...
All are going to depend on the macro picture and the FED but I believe we are testing a major trendline here. Considering how oversold ETH is I expect at least a relief bounce to circa 1700 in the next few days. If we continue down I expect a bounce from the 800 level.
Through the RSI we can see that bitcoin is extremely oversold. Whenever this has happened in the past, it has followed a rise in price. I believe that the bottom can be between 20k and 10k (not lower) and this is an excellent time to accumulate.
$BTC currently trading at $21100 As Per the Low Time Frame chart Forming Bearish Pennant. So If we Break This Pennant Support by $20,000 then We can see #Bitcoin Price around $25,000 But First We can see $22,000 upward because of small Bullish Engulfing in the 2 Hours Chart. But Overall Bearish below $22,800 Above $22,800 we Convert into Bullish till...
Eth is very close to the main support level of 1000$ I think the price can make fake breakout and then upward impulse. Any way with a fake breakout or without it I expect ETH will grow The Target zone is 1430-1540 $ and the main target level is 1500$ So, I'm waiting for this scenario. This is my opinion, I really hope this will be useful for you. Be ready...
Huobi Japan has begun listing Bitcoin’s native asset, BSV, on its trading platform. It’s the first time BSV has gained a listing on one of the world’s most lucrative digital asset trading markets. Japan is the world’s third-largest economy, and the yen (JPY) is the world’s third-most traded fiat currency. The country’s share of the world’s (fiat) FX trading...
The cryptocurrency world has been buzzing about the Terra LUNA crash since it happened last month. And now the drama continues and reaches over to Binance.US. A TerraUSD investor is claiming that the crypto exchange disregarded federal regulations and as a result, users experienced "disastrous consequences." The stablecoin, which lost its peg and 99% of its...
Bitcoin tumbled Monday to an 18-month low under US$25,000 (RM110,512) as investors shunned risky assets in the face of a global markets selloff. The world’s most popular cryptocurrency dived about 10 per cent to hit US$24,692 in morning London deals, striking a level last seen in December 2020. World stock markets have plunged since Friday when data showed US...
According to a recent tweet by WhaleStats on-chain data aggregator, ADA wrapped on BNB Chain (which used to be known as BSC chain) has entered the top ten list of most purchased digital currencies on this network. It is, therefore, also on the list of ten largest crypto holdings owned by BSC whales, the same data agency says. At the time of this writing,...
Bitcoin (BTC) attempted to re-test the $40,000 resistance level on Wednesday, although the price bounce was short-lived. The cryptocurrency could find support at $36,000 on intraday charts, although stronger support is seen at $30,000. BTC was trading at $37,800 at press time and has been roughly flat over the past 24 hours. The relative strength index (RSI) on...