MakarovTrade

MakarovTrade

The price continued to move in a downward channel to the $40,000 level. Volatility has slowed down, the price is locally oversold. I expect growth to the specified resistance level.

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The price pushed away from the support level, formed a descending triangle pattern and broke it upwards. I expect a small correction after such a sharp rise, and after it continued to the level marked on the chart.

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The price is now oversold and trading near the uptrend line. I expect the price to rise to the upper boundary of the liquidity zone.

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The price broke the downtrend line that has been in place since November. I expect we may still get back to $62,000 this year.

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The price is at the upper boundary of the expanding channel and resistance level. The price formed a bearish takeover. I expect a further correction to the level of $1832.

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The trend of the movement is within the descending channel. Several times rebounded from the 200MA. The price has formed a double top pattern. I expect that the price will test the support level, the upper border of the channel and only after that will continue the downward movement.

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Globally, the movement is taking place within the downward wedge. The price rebounded from the liquidity zone, formed a double bottom and also broke the downtrend line. I expect a test of the resistance level of 0.15702.

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The global upward structure persists, but the trend is downward. We went down to the liquidity zone, from where we unsuccessfully tried to break the trend line. Locally oversold. I believe that it can go down to the lower boundary of the liquidity zone.

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The price has fallen into the liquidity zone. Volatility and volumes have declined and the price has approached the downtrend line. The range of movement is narrowing. This is an opportunity for a breakout of the downtrend line.

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The price does not succeed in breaking through the 100MA. The range between the current support levels was already a point for the continuation of the fall. I expect the continuation of the fall to the next support levels.

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The price rebounded strongly from the resistance. A double top pattern has formed. I'm waiting for the fall.

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The price formed a double top again. The second top turned out to be lower than the first - a good bearish signal. It is possible to break through the level.

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Ethereum, like bitcoin, seems to be preparing for a reversal. Whether it will be a trend change or just a correction is unknown. But already now there are signs of a slight weakness of the upward trend.

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Bitcoin has formed the second top. Now there is a high probability of falling down, possibly to support.

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The pound completes the correction - wave 2. I expect a quick acceleration - wave 3.

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The price forms an accumulation zone. I expect a break down and movement to support.

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The price reached resistance and did not find the strength for further growth. I expect a drop, possibly below support.

MakarovTrade

Bitcoin has broken through the level and is moving towards support. expect a strong move down.