I said yesterday that the rebound in Ethereum price requires attention to the 3127-3168 resistance area. If the price rebounds into this range and starts to fall, the price will continue its downward trend. Today the price rebounded to around 3130 and encountered resistance and fell, with the lowest point reaching 3060. A reversal pattern appeared on the 4-hour...
✅ Bitcoin moved as I expected in the previous post . 💡Currently, Bitcoin has reacted well to the 🔴 Resistance zone($65,650-$64,200) 🔴. 🌊According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulse waves and now we have to wait for corrective waves . 💡Also, we can see Regular Divergence(RD-) between two...
orm case for the reasoning behind Bitcoin hitting $10,000 and why it’s not as unrealistic as you may think. 1. 10,000 marks the bottom of a bearish trend line I have marked on the linked chart 2. 10,000 corresponds with a bullish retest of a HTF chart pattern marked on chart 3. DXY looks ready to collapse - and with a falling US dollar over the next 0.5-1...
Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the...
📊The MODE token has been listed on some exchanges for less than 24 hours. 📚 What Is Mode (MODE)? 🔸 Mode is a Modular DeFi L2, built using the OP Stack and part of the Optimism Superchain. Mode launched their mainnet in January 2024. 🔸 MODE is the native utility token that is used for governance 🌐 Mode Network Initiates 550 Million Crypto Airdrop on...
The financial markets are a complex web of trends, patterns, and indicators that traders use to navigate the waters of investment. One of the most telling patterns in technical analysis is the trendline breakout with a retest. This pattern can often signal a significant shift in market dynamics, offering traders an opportunity to enter or exit positions based on...
Hi friends nice to meet you I will share BTC RBI Bitcoin Is In Retesting After Breaking through Long-Term downtrend line. If the retest succeeds, the final goal will be at the top of the box pattern. Check the blue long-term upward trend line If there is a little more adjustment, it will be a target value.
BTC ~ 1D #BTC I don't expect this to happen, But it looks very bad if BITSTAMP:BTCUSD loses This Support Block. This chart will not be valid if #BTCUSD successfully maintains this support, plus succeeds in breaking this resistance line. then the bulls will be back in control.
Good Wednesday my fellow Cryptocurrency traders, I hope you are having a wonderful week. We are going to be looking at Ethereum now so please, take a minute of your time to enjoy this chart. Consider hitting boost before reading and leaving a comment once done with your opinion about this analysis and some of the thoughts, images and visions that came up while...
#TRB/USDT... what a move it was guys, and market placed your targeted area as i told you . now market at his today most important area that is 136 around keep close that area because if market hold it then again drop expected from here, don't be panic here, good luck trade wisely
Short position double top has now been confirmed. Targets read at 1.5% and 2% risk reward ratio. BTC should start moving up once it reaches any of this two prices. Pi Cycles read as low as GETTEX:59K , no lower than $56k. I doubt it will reach this pi cycles because it’s a double top 30 minute time frame. Unlikely to avoid this dip. Welcome to your first...
Retested 4 hour breakout, pending confirmation could be a decent long
#BNBUSDT | 4 HOUR TIMEFRAME UPDATE We can expect that #BNBUSDT will come to the zone of $584 - $570 (the grey area that you see on the chart). At that grey area, we can look for confirmation ✅ to open a LONG position. The target of this UPWARD movement is to reach $604 - $620 - $640 - $670 - $694 Invalidation below $557
Sharing my views on post halving CRYPTOCAP:BTC prices. Here I'm looking at monthly, weekly and daily chart of Bitcoin to understand how it will perform in the future. I have clearly shown my Bear Case and Bull Case since no one can predict the future. Anyway, I consider this will be a good time to DCA in to your alts given the price discount on them.
The trend line has been hit and bounced, we're going up lads 🚀🚀
Hello, fellow traders and investors! 😊Let's dive into the latest analysis of Bitcoin's price movement. As we assess the current market conditions, it's evident that we remain within a medium-term downtrend. Despite recent attempts to break above the main descending trendline, the price has failed to sustain upward momentum. This failure to breach the...
Hello traders. So here is where I am at with Bitcoin. The month after almost every halving is usually bullish. Saying that, I am looking for $60,600 to hold as support for Bitcoin to start the move up. I am bullish, and I am looking for Bitcoin to hit $90k or better before the month of May 2024 is over. I have consistently bought any dip of 10% or more. So...
📈Today, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or not ❗️❓ 🤝Please be with me. ❌Solana(SOL) was unsuccessful in the first Attack on the 🔴 Resistance zone($259.9-$196.40) 🔴 to create a new All-Time High(ATH) . 🌊In terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave...