Market structure is still bullish. IH&Sh pointed up. The aim is $35000
high bitcoin going up mid bitcoin going down right now - 1h (0.5% - 2% deal): It is good decision to buy around area 26200 End of harmonic move AB-CD = 26200 Chaos theory in play: 3 Market structure break give us the same zone to re-buy bitcoin 26200
Giving forecasts for the price of memcoins is a thankless task. For those who are not ready to take the risk, after such an incredible rise, I suggest waiting for a correction to the levels of 0.786-0.886; Why did Pepe the Frog invest in cryptocurrency? Because he heard it was a "hop-ping" market!
Resistance Levels: HKEX:31 ,810 - 50% retracement of the range since the decline on March 28, 2022 HKEX:32 ,388 - Inverted Head and Shoulders (IH&S) target HKEX:32 ,503 - High reached on May 30, 2022; liquidity above this level HKEX:33 ,454 - DeMark Resistance Support Levels: HKEX:23 ,800 - HKEX:25 ,500 - The base of the Right Shoulder...
On the left side of the chart, we can observe a W-shaped pattern that developed between November and January. The price reached a peak of 0.3920, which was then followed by a decline. Subsequently, three consecutive higher lows formed an ascending W-shaped pattern, targeting 1. 0.2197 and 2. 0.2905.
To enter a trade, you need to wait for the formed and tested structure + confirmation of the indicators. The asset may be of interest to buy in the region of $10
The price has corrected to the Fibonacci retracement levels of 0.705-0.786 and currently at the point of control, where the most volume has been traded. This indicates that the asset is experiencing significant interest from traders and investors. The ascending structure with three completed higher lows on the three-day chart implies a bullish signal, which may...
According to the lead analyst of the Moonhub department, it is their belief that the asset, currently trading at $1.775 and having been unable to sustain its value above $2, will break out of the accumulative range in the next cycle and experience a surge towards $5.
After the meeting on March 21-22, the US Federal Reserve increased the rate by 25 basis points, from 4.5 to 4.75%. Along with this, we observe the provision of liquidity to American banks, which, in our opinion, is a disguised form of money printing and will ultimately affect the price of Bitcoin and altcoins. Yes, we may not immediately reach the 29-32K zone,...
Last week for bitcoin ended very bullish. In the wake of the banking crisis, it overcame strong resistance at $25-26k and exited the range, now it is trading at $28k. We consider the area of $30-32k as short-term targets for 2-4 weeks. Medium-term goals are to test $45k.
BTC goes gown to start Congress rally on the 21 of October. BTC will correct to start the rally.