Take a look at the unfilled orders. Market makers want to dump a larger share of BTC than what the retail holds right now. This might trigger waterfall towards our retail Order Blocks and even, unfilled orders eventually. But remember, it's always the market makers before retails join in the game. Those limit orders at point Unfilled Orders, may also get stopped...
RSI is at overbought level. Good CPI news hasn't yet showed any signs of reversal yet. Drawn Fib levels indicates possible more downsides for BTC. Everytime price has touched the downtrend line, we have been hammered down by approximately 25%. Fear and Greed index is at 31, a point where we have mostly been at in 2022. Open Interests have risen by almost 15%...
We can clearly see that price has retested below BB 100 Upper band line and it is now more vulnerable to more downside towards the 38.2% retracement level. Let's hope there are no more stop hunts.
This will be a very big W trade. OCEAN will retrace 38.2% as it moves back towards the golden zone and then will continue uptrend when RSI is at the lowest.
Strong bearish divergence on 4H + Overbought RSI 4h & 1h Price retesting after upward trend! Objective: Short ETH We have important dates coming and feds monetary policy decision will be one of them. If feds rate hike <75 bps, close 100% position at TP 1 level. Otherwise, close 70-80% at TP 1 and the rests at TP 2 level. This one is a huge RR ratio and I hope...
Just take a look at the chart with provided indicators and u'll understand. Cya.
We are getting close to main net launch. I honestly think we'll touch support again before breaking resistance as a bearish divergence has been spotted on the 4H timeframe for RSI. We have also been stuck in the overbought area for quite a few days and now, it seems like price will head back towards the 0.0055-60 area (aka TP) before we break resistance,...
Yes people, I am still watching the support trend line since last few months! It is clearer now that chances of more dumpings are sky high xD Stay safe traders XDDD
A double top is forming on 4H-1H Timeframes. Tonight will kill everybody xD
Price L Trend is moving downwards while RSI L Trend is moving the opposite. This clearly shows a hidden bearish divergence.
Bitcoin still seems bearish after the dips we have seen during the past few days. Price rejected at 24,500 level. There is also a possibility of a double top formation currently happening inside the bearish flag itself. If that's the case, BTC could dip further down below 19,000 level again. However, any movement towards the upside 24,000 level could turn this invalid.
Hi guys! This is my analysis on what's happening with BTC. I am expecting a greater downtrend as the upcoming Federal Reserves and ECB Meetings reports can cause panic and sell-off in the overall market.
If BTC breaks the key resistance area, we can see it at 23k over the next few weeks. However, if it drops to 21.5k without resistance, there would be a confirmation that it will break below 21k and potentially also break below diagonal support, at 20k. We can consider the current uptrend as a retest for the bearish pennant formed on 16 July.
We can see a bearish pennant has formed from 5th July to 6th July. If price breaks below diagonal support, we will enter a retest phase where we have to wait for confirmation. If everything plays out according to plan, Phase 2 initiates, where there will be another retest for support at $19,975. Once bearish is confirmed, we will head down towards the $19,500 level.
Hello people, this is my first MATIC analysis and I will take long term into consideration compared to the last one. I expect a rising wedge to take place and for that to happen, it is necessary for MATIC to reach at around 1.15-1.20. The best time to sell will be at around $3.1. Remember, before investing, do your own research and THIS IS NOT A GAMBLE.
After 3 days of technical analysis using my own way, I have found several bullish signs. I will enter at 1.48 and cash out at around 2.40 by June. We will expect several dips along the way, I am very bullish for the upcoming 2 months. Good luck. Remember, invest at your own risks and make your own research before doing so. Have a great day!