The initial correction of ethereum in wave 3 is over, and after hitting the 618 Fibonacci area and breaking the corrective trend, we expect this downward movement to be the beginning of wave 5.
Ethereum's initial correction in wave 3 is over and this downward movement is the beginning of wave 5
Be ready to move Bitcoin will register a new ceiling and can continue its movement up to 80 thousand
After 7 months of continuous growth, like the previous 2 Bitcoin halving periods, Bitcoin is ready to fall for 3 reasons: 1- It has completed its third five waves, now we have to wait for three falling waves. 2- Bitcoin needs to complete its golden ratio process to continue moving. It is in Fibonacci, so the area 52 to 54 is the best area to complete this trend....
In my opinion, due to the increase in the interest rate, the dollar will rise temporarily, although this issue will not be strong and continuous, because with the balancing of inflation in the United States and the reduction of the interest rate, we will see a decrease in the strength of the American dollar.
In my opinion, the market needs a return after a long period of rise. This return has coincided with the increase in bank interest rates and the strengthening of the dollar and the decline of high-risk financial markets. Therefore, I see gold down to the rate of 1760
With the huge accumulation of stablecoins and also the time correction in Bitcoin, we are waiting for it to climb another step and then we expect a drop to 22 thousand dollars.
We expect the reversal of the trend in the case of a strong reversal of the trend, but until the order of its upward block
In the 4-hour time frame, we have reached an important area. Now it is necessary to decide whether the downtrend will break in the fourth collision, and the trend is expected to return.
In the daily time frame, the head and shoulder pattern is forming, so wait for the confirmation of the trend reversal and correction
We have strong resistances and a rejection on the 4HRs timeframe just like I have shared in the previous chart, meanwhile if we zoom in to the lower timeframe, we could find some reversal patterns, a trend that has been broken, a break of structure to the downside has been formed, up from above we could see a point of interest, we could fill it and dump in my...
Currently retesting a strong level of horizontal support, and order-block from the mouvement we have had, expecting a calm monday, we go sideways a bit, maybe retest the trend aswell. Expecting to see a pump tomorrow, either by the asian or US session, this is according to my intuition from my experience, what could also happen is a breakout from below which is...
Coin: RNDRUSDT Short Leverage: Cross x10 Entry: 1.1775 - 1.866 Targets: 1.695 - 1.525 - 1.378 - 0.908 Stop loss: 1.958
I checked two important market scenarios and put the results for you based on the combination of ICT & RTM. We are in very sensitive days.
Broke below this pennant, expecting to see LTC around the price of $70 soon.
Failed to go back inside, expecting to see a dump until 24200 minimum.
Blue horizontal lines are the weekly levels, as you could see on the past few days we went to the upside, formed a new weekly resistance at the price of 9.338, went to the downside, grabbed two weekly levels of support which means that INJ is currently strong, formed a parallel channel and a break of structure to the upside, right now we are retesting the bottom...
If we look carefully at the events of the past and 2021, you will see a completely identical pattern between that and this time in Bitcoin.