It can be seen from the four-hour chart that BTC has tested 22287~22368 many times, and the overall trend is higher high. - The current price has returned to the previous high point of 22810.5 for consolidation, and there is a chance for a small bottom pattern or a bear flag. - After BTC breaks through the resistance trend line or the support range 22287~22368,...
In the four-hour chart, ETH broke the resistance trend line and destroyed the H&S pattern. - Follow the goals above: 1751.75 1773.60 1795.40 1866.15 Stop loss price: 1529.35 - Around 1751.75, there is a strong resistance trend line, and ETH has a chance to fall back sharply at this position. -
ETH has broken through the convergence of the triangle, but it is currently falling back into the convergence range. Pay attention to the closing price, 1588.45 and 1566.60. - If ETH closes below the previous low of 1514.00, there will be a large top pattern, which will reverse the upward trend from the beginning of the year. - The trend after breaking the trend...
As seen in the daily chart, XRP’s closing price yesterday was 0.4237, which was higher than the resistance range of 0.4103~0.4194. - Follow the goals above: 0.4483~0.4601 0.4853 0.5263 0.5591 - XRP may has strong selling pressure at 0.4853, because this price overlaps with the POC of the previous consolidation pattern. And we can regard 0.4853~0.4894 as a strong...
In the one-hour chart, ETH has a top pattern at the resistance price of 1677.60, the high point gradually decreases, and it has tested the support price of 1610.25 several times. - If the closing price of ETH falls below 1610.25, focus on the following targets: 1588.45 1566.60 1546.20 1546.20 1522.15 (POC of the consolidation pattern) - If ETH is effectively...
In the one-hour chart, BTC has fallen below the trend line, rebounded after reaching the lowest point of 20400.00, and tested the resistance trend line, and reached the resistance of 0.382 at the same time. - If BTC does not return above the resistance trend line, there may be a bear flag pattern, as predicted by the arrow in the figure, and BTC will have the...
In the daily chart, ETH has two bottom around 1000-1100. The first time it appeared in June~July last year, ETH rebounded up to 2031.00. The second time it appeared was from November last year to the beginning of 2023, and the current highest ETH reached 1643.05. - If ETH can break through 1677.60~1789.85, it will have the opportunity to break through the trend...
CRV has two bottoms, the first time was a V-shaped reversal, and the second time it was a long-term consolidation pattern, and the bottom of CRV was rising. - The current price has broken through the previous high point of 0.695 and the POC (0.670). The four-hour period has a tendency to turn into a long position. You can try to do long positions here. The stop...
As seen in the daily chart, BTC is very close to the previous high of 18385.36, and the closing price has a good chance of being higher than this price. - If it goes up, BTC will have a double-bottom pattern, pay attention to the above target prices: 19200.00 19503.00 20000.00~20245.35 20488.65, BTC will encounter strong selling pressure at this price, which is...
ETH successfully reached the target price after breaking through the ascending triangle pattern, reaching the highest price 1345.87. - ETH has broken through the resistance of 0.618, pay attention to the situation of the 1D closing price to judge whether it is stable. At present, ETH is consolidating around 1330.00. This price is also the POC of the previous...
Looking at the four-hour period, BTC broke the high point of 17060.86, and also stood at the 0.618 resistance between the high point of 18385.36 and the low point of 16273.40. - Goal above: 17275.05~17361.67 17454.59 The main target is around 17580.00. - If the price closes higher than 17580.00, BTC has a chance to reach 17848.32. - The four-hour period has a...
In the daily chart, after FTM consolidated at 0.2015, the price chose to break through upwards. At present, it is near the downward trend line. If there is a breakthrough, you can wait for the confirmation of the step back before entering the market. - There are two options for the entry price: 1. The stepping back price after breaking through the trend line. 2....
After ETH formed a top pattern around 1227.32 and fell below the trendline support, it stopped falling at 1180. After reaching 1180, ETH appeared a box pattern. The current price has broken through the box and came to the resistance range of 1220~1227 again. This resistance zone has a strong effect, and ETH also has a small double top here, pay attention to the...
After breaking through the strong resistance above 18131.00, BTC quickly fell back, and the lowest price reached 16273.40. This price is near the support of 16500.00. It can be seen that the price behavior here is quite similar to that near 18131.00, and it is quickly recovered after the breakthrough. However, there is not much increase at 16500.00, which shows...
After the CPI was announced last week, ETH broke through the consolidation range and experienced a short-term rise, but it did not break through. You can see the circled area in the chart, after ETH tested the resistance trend line for the second time, it fell sharply. - The current price rebounded near the previous low of 1150.09. Yesterday's daily chart showed...
BTC oscillates between the resistance range of 16785.00~17308.12. There may have been a H&S, but after the CPI was announced, BTC broke through the high point of 17424.59, and the H&S did not appear. In the short term, the price has the opportunity to continue to rise, and the target is 18131.00~18134.56. - Pay attention to whether BTC encounters greater selling...
After BTC broke through the ascending triangle, it tested the resistance range of 17161.02~17308.12. - BTC rebounded at the support zone of 16785.00 and tested the resistance zone again. There is currently a chance of a H&S. If the price falls below the low of 16679.52, the H&S will be established. Pay attention to the support...
After BTC broke through the ascending triangle, the price tested the resistance price of 17308.12 twice. - Upper resistance: around 17308.12. Lower support: around 16785.00. - At present, BTC is showing a short-term downward trend. If it comes to the lower support zone (yellow rectangle) again and falls below the low point of 16705.09, pay attention to the lower...