Mativerse

Mativerse

Bullish divergence on multiple time frames is seen with a potential of flipping back to bullish after breaking to the upside from the falling wedge, we're retesting falling wedge breakout on the aprox. 18.7k mark would confirm after breaking 19.5k resistance with a full 6hr candle close above the line or for a stronger confirmation after breaking 20.5k

Mativerse Updated 

We are at a crucial time for bitcoin where we have dropped below a broadening wedge and retesting the breakout for a confirmation But we also can see a falling wedge formed and we are at its peak. basically breaking a daily candle above 20400 could mean a fake break out to the downside

Mativerse Updated 

After the Dump we bottomed on the Rising channel at around 21k breaking the support line would drop down to 19.3k aprox. we will face a strong resistance between 21.5k to 21.9k

Mativerse Updated 

A Rising broadening wedge is a bearish pattern most of the times must break resistance line of $9.17 and flipping it to support. if failed and price fell again $8.96 is the last support line Breaking all support lines would have a potential dump to $7 $9.67 would be our current resistance on the uptrend breaking this resistance lead us to around $10.5 which is...

Mativerse Updated 

After breaking from the rising wedge, we retested the 23.8k support line We are still on Horizontal channel on the lower half Key break point 24.2k Redlines are resistance Green lines are support

Mativerse Updated 

We are still in the rising wedge and we formed a lower Highs on the RSI while having Higher highs candles which is a bearish scenario If we break out of the channel then we could see a continuation of BTC going sideways unless we break 23.5k points to watch out for: breaking out from the bearish divergence breaking under 24.2k with a candle close Green lines are...

Mativerse Updated 

If we see DOT breaks the pennant flag with a confirmation, we could see a pump further to $10

Mativerse

We can see a potential cup and handle pattern must close above 24200 with a conformation target would be around 25.5k

Mativerse

We are still trending on Bearish rising wedge with high volatility Resistance points at 23750 and 24200 after couple of failed 4hr confirmation close over there resistances having a daily candle close above the resistance lines is best scenario for a potential breakout potential support line 23200 and 23000

Mativerse

With the decline of the CPI data, we witnessed a huge pump to the upside with a bullish momentum to go further up the trend. Noting that the market is still very volatile setting a stop loss on the 0.371 mark just a little below the right shoulder Neck line Potential Target is 0.45 taking the first profit on 0.4

Mativerse

A Rising flag from a downtrend is a possible correction before dumping further to the downside. Possible to break to the upside through more volume or CPI data can change the momentum. Breaking to the upside wont be easy with multiple resistances close to one another. breaking to the downside have multiple support lines. 22.5k and 21.7k are major support lines.

Mativerse

Need to break from the broadening wedge and confirm a 4hr candle over 23.5k Next stop would be at 23.8k If BTC went lower than 23k there would be multiple support lines 22.7k and 22.4k is crucial support lines