💎Technical Analysis Summary💎 BTC/USDT -Bitcoin reaches my 1st target area from my last published idea -If and only if BTC can hold above 47.5k dollars -We will have our next target of around 55k dollars in the next few days -The bulls are in control for the time being -The daily must close above 50k dollars to gain momentum back -For now, the market is safe...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin bounces strongly at 200MA in the 4H time frame -Confirming this Bullish descending channel -If the Bulls can close the daily candle in green -The chances to test the 53k dollars area increases -The correction might be over and start a new trend? -We will have to see how the price reacts above the 50k level -For...
💎Technical Analysis Summary💎 BTC/USDT -We have two potential Bullish scenarios for Bitcoin today -First is to hold the current level and bounce up to 51k-53k dollars -Because we can see two rejection at 44k dollars support area -This zone is a confluence of previous resistance and 0.5 Fib level -That is a good reason for price reaction on the 2nd retest -The...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -My previous published idea and targets are achieved -The price went even above my $10 target zone -That is a strong bullish push up almost hitting the ATH -Currently, the price has now retraced more than -50% -And testing the 20D MA dynamic support range -This zone is a confluence of 0.786 Fib level -We can see a...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed at 52 dollar resistance zone and has now come back to its recent low -The 45k local support must hold if we want a shorter consolidation -And bounce up to break the new resistance trendline around 50k level -To invalidate these bearish signs in this short term analysis -Worst-case scenario, BTC will retest...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin just had a -23% retracement from its top around 58k dollars -The price retested the 20D MA for the 3rd day and still holding -If we want to see a strong uptrend momentum -Bitcoin must not close below 20D MA in the coming 1-3 days -Because if it does, we might see a potential test of the 50D MA below -That would be...
💎Technical Analysis Summary💎 BTC/USDT -58k dollars is our new resistance area to break Higher High -Bitcoin is retraced by almost -20% from the top -Looking at the daily time frame, the 20MA support is tested -We can see a strong rebuy opportunity by the Bulls -If the Daily candle will remain above the 20MA support area -I think we are safe for now and expect...
💎Technical Analysis Summary💎 BTC/USDT -The 50k breakout and restest was perfect and hit my potential target of around 57k dollars -Bitcoin is ready for short-term consolidation again and it failed to go above 58k dollars -Our guide is the 20MA moving average on 4 hour time frame period -This has been tested recently the price bounce up by more than 5% -If BTC...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin broke another All-Time High today at 54k dollars -The previous resistance of around 50k dollars is retested as new support -The price bounces up with the confluence of 20 Moving Average -If the Bulls can send more follow-through in the coming hours -The potential next target is 56k to 57k dollars -Please don't...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZKIN is about to finish its 3rd consecutive weekly bullish candle in few hours -It will also close above previous support last Oct 2017 - Jun 2018 history -This is an indication of a strong parabolic move up from $0.66 bottom -If price acceptance above the green box area, the chances to test the 10 dollar region...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is trading just below 50k dollars -And this level of resistance seems to be strong -We can see this area has been tested 3x times already -The Bulls still trying to push the price up to and interested to get in -Our short-term guide is the 20MA on the 4H time frame -We will soon have a market breakout direction...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have found support around mid 45k dollars region -This is a confluence of previous trading support zone plus 50 Moving Average -There is a potential short-term resistance trendline at 48k dollars -This may act as a barrier but if Bitcoin can overcome this line -I think we can be safe again in the next few days...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is approaching near 50k dollar resistance level -The price is reacting to every good fundamental news recently -It is currently consolidating and retested the 20MA short term support -The price bounces off for the 2nd time around which is a good sign of strength -It seems the 48k dollar resistance area is acting...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK is rejected near 5 dollars psychological resistance level -The good news though is the price is trading at the resistance area -That is a sign of strength in terms of price action -Because the Buyers are still interested in this level -The 9MA support is our short term guide -We have 4 hours left before this candle...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin hits new ATH today after the recent news -What I would like to see if the candle can close above 41k dollars -Because that is the candle body resistance area last January 9-10 -If BTC can finish this after 6 hours left before closing -That would be a strong sign for the Bulls -So I'm expecting more upside...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin broke the mid resistance line around 39k dollars -This is a strong sign of strength is terms of price action -There is a high chance it will retest the ATH price at 42k dollars -But if the Bulls can't pass through new ATH -The next potential scenario is to retest the 39k area -Interesting weekly candle close -I...
💎Technical Analysis Summary💎 NASDAQ: ZKIN -After the Bullish breakout of trendline 2 days ago -ZKIN created another Higher High confirmation of a strong push-up -This is a 67% increase from its swing Higher Low at 2.8 dollars -If we will see a retracement or pullback -The potential local support would be around 3.7 dollars - 3.5 dollars -This is also a...
💎Technical Analysis Summary💎 Binance: BTC/USDT -Bitcoin did a good job breaking out the trendline resistance -It also manages to hit the near 39k dollars area -But immediately found resistance the second time around -The 38k-39k dollars is the next key area that needs to break in the coming days -If BTC will try to retrace the potential local support is around...