Hi trades Here's my analysis of BTC in 1D time frame. If candles could break under the support zone (shown in the image),then a notable fall down to the shown target is possible. Otherwise, we better wait... Have a nice day!
Hi traders! As I previously analyzed (You can see it in my profile), the price reached near the 31K. This resistance zone becomes a crucial one as for it coincides with the RSI satiation and mid line of the channel. If price can break below the KEY zone (shown in image), a further retracement down to TARGET shown in image is probable. Have a nice day!
Hi traders BTC has recently reached to bottom of the rising channel. If bull could take the market and price could break the blue trendline upwards (shown in image) , Entering a long position at an area Aroun 27600$ would be sensible. If so, 31000$ area could be considered as your target. Any breakout bellow 24500$ can be a sign of bearish market. Note that this...
Hi traders GAL/USDT has recently touched an important historical support zone by which has been further supported. Since the blue trendline in the image is broken upwards (and if can stay up there), buying GAL for a long-term profit seems sensible. Have a good day!
Hello traders. BTC wasn't supported well by 17250 support and sharply broke bottom of the rising channel,downside in 4h time frame. This is a sign of BEARISH market. There are some possible price movements: 1-Price continue to fall in a powerful way. 2-Price fall down to the SUPPORT area shown in the pic.Then a pullback to somewhere about bottom of the channel...
Hello dear traders. This is BTC chart in 4h time frame. Bitcoin recently touched top of the rising channel and subsequently had a sharp fall down to the mid-line of the channel and yet,the price is ranging there. So what we expect now is the continues slow-fall of the price to bottom of the channel that is also coincided with 17220-17360 support area shown with...