Bitcoin has broken through the hourly support around $69,060, and we are currently observing a pullback. This pullback is expected to fill the gap left by the recent drop and retest the highs near the highlighted resistance zone. From there, we anticipate a continuation of the sell-off, pushing the price down toward the lower support level at $67,626.
We are currently observing price consolidation on the hourly timeframe. It's important to monitor the highlighted key zone closely, as it may indicate a potential bearish reversal. To anticipate a rally to the upside, we need a confirmed breakout above the trend line or upper boundary. Conversely, a breakout below the support within the consolidation zone could...
Welcome to our page BITCOIN100X Here is the update for Bitcoin today on the lower time frame. Appreciate hitting the like button and leaving your personal opinion below on the comment section. Trading cryptocurrencies are highly risky and volatile which can lead to major losses. The following chart interpretation is not a financial advice and following or...
Welcome to our page BITCOIN100X Here is the update for Bitcoin today on the lower time frame. Appreciate hitting the like button and leaving your personal opinion below on the comment section. Trading cryptocurrencies are highly risky and volatile which can lead to major losses. The following chart interpretation is not a financial advice and following or...
Welcome to our page BITCOIN100X Here is the update for Bitcoin today on the lower time frame. Appreciate hitting the like button and leaving your personal opinion below on the comment section. Trading cryptocurrencies are highly risky and volatile which can lead to major losses. The following chart interpretation is not a financial advice and following or...
EGLD on the major monthly support formed where we required to confirm the bullish breakout as shown through the trend path on the chart. A clean bullish breakout will give us a chance to do a nice long positions on this pair.
Price is heading back close to the key level formed from the support. The buying pressure on the support is so high while if the price fails back near the key level then we will see another drop back towards the support formed. The structure can recreate a W formation or a further decline. Watch price action closely!!
We are required to confirm whether its a breakout or a reversal which are likely to form on this support. A breakout on this support will drag the prices close to the key level highlighted. On the monthly timeframe the price has almost done the correction by 61% on the fib retracement yet that we are looking the key level to be appeared as the support. Though we...
market is not clear at the moment while we look closer for bullish and bearish setups on lower timeframes for BTCUSDT. The confirmation is required to before being biased on bitcoin by any chance of a failure in the support highlighted, then we will see another hard crush towards the key level highlighted. The bullish pennant is not yet confirmed and it can be...
Here on the key level I am personally expecting an impulse to appear with the buy zone over the level highlighted. Where this has previously brought up a nice buying pressure with a high bull trend. Also I have a decent expectation of repeating the history it self and reaching the targets highlighted with horizontal lines.
LINK has confirmed the breakout on the support and this is more likely to revisit the 2019 ATH formed. More price decline can be expected on this pair for sometime.
ROSE might have found support here on the weekly base close to 0.06 and here if the bullish pressure remains strong enough, then we will be seeing a nice reversal on this pair following the arrow as shown on the chart.
Price is heading back close to the key level formed from the support. The buying pressure on the support is so high while if the price fails back near the key level then we will see another drop back towards the support formed. The structure can recreate a W formation or a further decline. Watch price action closely!!
EGLD on the major monthly support formed where we required to confirm the bullish breakout as shown through the trend path on the chart. A clean bullish breakout will give us a chance to do a nice long positions on this pair.
The minor trend breakout confirmed now we require a bullish breakout on the support to form as confirmation of a bull market entry. Any price moves remaining below the support is highly bearish.
We are required to confirm whether its a breakout or a reversal which are likely to form on this support. A breakout on this support will drag the prices close to the key level highlighted. On the monthly timeframe the price has almost done the correction by 61% on the fib retracement yet that we are looking the key level to be appeared as the support. Though...
Price recovered from the decline very early from the support formed. Here we can see that price move back inside the lower boundary of structure while this has a chance to reverse one more time before the lift off. A bull requires a bullish breakout to be confirmed first on the resistance formed.
The Key level is reacting as a support for DOGE while we have spotted a big falling wedge pattern which promises for a bullish setup in the future. While the fact that the price has not yet confirmed any bullish confirmations here we are waiting to see any bullish breakout to appear and confirm its a valid setup to hop-in.