There is a chance that July will be an important month to continue the uptrend of BTC. Possibly we will see its value rise to BER:33K and then a correction for a few days. However, if the momentum is strong it can reach the limit of $35K. If we see that the pullback carries bearish force we can see BTC at 28K once again. Analysis for educational purposes.
The dollar is at an important point. It has been at this level for a few days and we expect a turnaround in the next couple of days, this turnaround may be reaching $17.49 again as part of a retracement and possibly a trend reversal. If not, it can fall a bit further to $16.89. This analysis is for educational purposes.
The Canadian dollar is at a midpoint where it can still fall to $12.64 in the coming days or break the triangular formation it has formed by rising again to $13.17. We talk about possible moves in the near future. This analysis is created for educational purposes and not as a financial advice.
Continuing with the USD downtrend, we can see a possible scenario: a fair low at $17.24 or even a bit lower at 17.12 in the next few days and a rally to $17.77. This scenario is based on the current downtrend. If these levels are exceeded, the scenario may change. The information and analysis is for educational purposes. Don't take it as financial advice.
DOGECOIN has been bouncing at the 0.19 level for a while, it has a great chance to reach the 0.34 level in the near future, the rally can continue to a new all time high.
We saw SHIBA doing something that some of us were waiting for since SHIBA was created. It had a good beginning of the week, but, will keep growing monstrously soon? Many times we can understand a currency behavor by looking to its own past but in this case it may be difficult to count on it. At this point we cannot say SHIBA is forming waves; if so, It´s doing a...
FB had a bad day today. But this is not the beginning of its fall, it has been falling for about 15 days. Therefore, it may keep falling down to the 300 USD.
ADA has a great opportunity to go up to the 2.64 USD , that would be an important level. If it breaks up, it can reach the 3.89 USD and more. But if it doesn´t it can go back to the 1.46 USD.
XRP is strong on its determination to grow. It is ready to grow in the coming weeks, has the posibility to grow a 50% just to reach one of its must important resistences. In the other hand it may go a little bit down, hitting the 0.70 USD but as part of another possible escenario which I won´t include in here.
ETH has been moving up well. No much to say. ETH will reach the $43K in the near future.
BTC is inside a channel which needed to go down. In the next days we´ll see BTC going back to the 50K just to touch the middle of the up channel. The real target will be 58-60K and that would be the end of a third wave. RSI indicates BTC is ready to grow.
As many markets, DOGECOIN is very ciclic. If this is true, means DOGECOIN is going to start a long consolidation, with its ups and downs but nothing to exciting. >>>THIS IS NOT 100% ACCURATE. Don´t trust just in one indicator or pattern to take your decisions.
BTC is moving in a way that looks like is forming an inverse cup and handle. That would be a bad sign for the whole cryptocurrency market, it would present lack of strength from part of the bulls and it may take a little longer to reach a new ATH.
ETH is reaching an important level again, but more interesting is to see that it hasn´t gone out of the low limit of the ascending channel which is into. October will be decisive for the market. Let see if it gets to the $5K before the end of the year.
BTC is forming a falling wedge, not good if you are in, but bad for the market. Falling wedge is a bullish sign, it will break and go up to stard another bullish rally. Historically crypto market has grown during the 4T more than falling. We can hope for a good grow by the end of the year.
XDBUSDT has been growing well, probably a good moment to get in. Its price may go down if it breaks out of the ascending channel. If that is the escenario it may go back to the 0.40 again but not lower. That would be the second wave, ready to start the third wave.
DOGE hasn´t shown much activity, not as the beginning of the year. However, the next two months can bring some good opportunities. DOGE can reach the 0.40USD again. This is completly easy for the meme coin which still having the goal to be $1 USD worth. But one step at the time.
BTC is doing a usual pattern of inverse h&s. Not completed yet but with a great posibility.