It seems the bullish movement of DXY is not finished and it will continue upward to first target 107. There is bearish Order block there if it breaks then there is a LV as a resisitance
Hi everyone, hope you have a profitable day As you can see in the chart, in the 4H timeframe there is a bearish pennant that has been formed. So unfortunately i think we will have a bearish movement in the upcoming days. There is another point that we see a block order near 1100 area that might cause a bullish retracement. Although i think it will continue the...
Hi there, hope everyone is having a profitable day As you can see in the picture unfortunately there is a bearish pennant that has been formed in BTC chart. The timeframe that i choose is 4H but you can find this in 1H and daily chart too. Currently the downward move is in the same direction as predicted. The target for bearish move of BTC is around 13.8k as it...
As it is clear in the picture, in the 4H timeframe the USDT dominance hits to its resistance area from 7.07% to 7.1%. There is a convergence in MFI and RSI which are both in the oversold area. This indicate a upward movement in the USDT dominance which indicates a bearish move in the crypto market. I strongly suggest to be careful in long positions.
As we expected in previous analysis, the bitcoin reached 20500 and now it’s testing the important resistance line in the 4H timeframe, if BTC could maintain this level there would be ready for 21k or above, but as it is clear, RSI and MFI are near the overbought zone so the possibility of downward move is more than an upward move.
KAVA in 15-min timeframe has clearly formed what we expected.
As it is clear in the analysis, there is a huge resistance and order block near 1.6 at KAVA, MFI is already in the overbought zone at the 4H timeframe but the RSI is reaching to the 70 or above (at the same timeframe). I suggest to put a short order near 1.6.
Similar to BTC, ETH is coming close to its resistance, meanwhile RSI and MFI in 4H timeframe is getting close to overbought area. So we may have a bearish move in the upcoming days toward 1215 . Hope the support line will be still active.
As it is clear the BTC is coming close to its resistance, meanwhile RSI and MFI in 4H timeframe is getting close to overbought area. So we may have a bearish move in the upcoming days toward 18000. Hope the support line will be still active.
MFI indicator of BTC is near 20 which shows the oversold pressure at the moment. Also OBV is near its resistance line. The probability of Bullish move is increasing. Everything is ready for it. We just need some good buying orders and move volume. Otherwise, the price will decrease to next resistance line which is 42000
As it is clear from the chart, BTC hits again to the support zone of 44800 to 45200. The volume is not enough to pass this important line. We should be very careful about it. In the last few hours sell pressure was very high. It seems like a war in the order book of different brokers. First resistance line after 45000 in the upward move would be 46500.
WAVES had big pump and dump in the last few days. Its movement can be clearly classified as Fibonacci Retracement. If the volume increases in the last few days the would be a possibility for upward move toward 39.22
Sand is out of triangle and it’s in an important price range right now. 3.5 could be new resistance or support. New resistance for bullish move would be 3.77 And if it goes down (hope not) new resistance would be 3.5 and support would be 3.14 Current volume is not sufficient for bullish move. Watch it in the hours ahead.
As it is clear from the chart, the current price and appropriate volume makes it possible for upward move to 0.1478 I suggest to put doge at your wishlist
TRB currently moving above previous resistance line. Therefore 27.56 can be a new support line. The long position could be profitable at the target of 31.46
As it is clear the 45000 to 45500 is a powerful resistance. Breaking this line means a bullish movement toward 52k. The volume is not sufficient enough to break 45k. BTC range is getting even closer from 43500 to 45k. It seems it is getting ready for the bullish or bearish movement. Please be careful and watch the volume attentively
Everything from volume to the trend analysis is ready for a bullish movement. First target point would be 0.6471
According to increase in volume, LIT is now moving to break its first resistance in 1.651. In can move forward to 1.994 as well.