Still within the uptrend pattern, a break outside will retest 32k and the whales have moved up to there. 32k is new whale territory. They are increasing their buy ins at 2k increments
beautiful parallel uptrend pattern detected, a break down from the uptrend will likely retest 32700, dont panic , buy more. 30k is massive support beam. Dont over leverage. My strategy is to only borrow 50% of what you deposit if you have the ability to leverage. Momentum is very strong on this uptrend. Wouldnt be surprised to see a break out.
looks like an up trending vortex. This is definitely a good sign of a nice increase in price. A lack of a break on the blue line (middle of the vortex) signals that someone is panic selling (probably broke even and definitely a noob) anyways. Be safe and dont panic. My calculated guess is that it hits 40k before it turns around and touches the 36k again. Whales...
You can see bitcoin breaking 30 k but even with massive downward momentum, 30k held strong. Whales are lurking in the depths for your sells. With China banning crypto it decreases level of mining difficulties and rewards are given to miners faster. It also means the next halving date is decreased. A good play by China. Make the halving come in 3 years instead of...
The sharp angle always means a retracement.
Wow this looks like a second leg going up. Indicator that the fed rate will be i increased. Big money being moved
Its gonna take some time. Get some popcorn.
Rsi on daily chart is in oversold. its only a matter of time. currently trading at 0.02 cents..... it reached 30 cents in the beginning of the project. Defi protocol built on polkadot blockchain.
Needs to push up and stay above this downtrend line. Purple horizontal looks like great support barrier.
Matic has followed with technical analysis, before and during, the massive 50% bitcoin Fibonacci level retracement. This coin is probably very important and strong. Its supposed to help Ethereum runs its transactions more efficiently. One of the few layer 2 instruments, Matic is said to have much more speed and security than the rest. Sidenote: $30,000 is...
So we have a retest at the 50%, a breach at 61.8% is a verified uptrend. Golden number to break, 3279
So whats going on with Ethereum? Well .... for the bulls , this is a good sign. It did not reach the 1537 , that would of been a full retracement of the bullrun from March 25th. It was also rejected at the 50% and then a bounce at the 23.6% followed by a break at 38.2%. Multiple closes already above the 50 and 100 EMA’s but not the 200 (yet)... seems price will...
People are panic selling at the price they bought it at and the whales are buying it. Looks like another round of pumping to fomo people in and then make them panic sell on small dips on the way up. Easy to read. But you have to have your billionaire shoes on.
GET OUT NOW. ITS ABOUT TO CRASH.
in my opinion, stay away from coins that have this type of scenario. They took all the money already. And will keep doing it to you.
I see multiple signals indicating that this is a bull run. The start of this whole downturn was the attack by President Biden of the United States. Keep in mind that the money you put into the cryptocurrency market, will make your gains so insane that the option of being a US resident will be very real. You can gain residency in a Country with zero tax laws, and...
We may be seeing another dip if the momentum doesnt pick up.
There might be an attack on leveraged accounts soon. Looks easy to wipe 2x accounts with a small move. Becareful. I suggest not to leverage right now.