Based off of previous moves and the strength of the current move in Bitcoin price we may be seeing price moving all the way to $47,000. Even if it's a fake move, big whales are not going to stop this until most market participants have taken on long positions themselves believing that the markets have recovered.
The chart speaks for itself. It's hard to determine with altcoins whether the moves are based on BTC moves (in most cases yes, but sometimes altcoins live their own life depending on whether they are "pumpable" or not). In any case, as long as BTC doesn't fall off a cliff, this move should play out. Worth taking a long position here.
- The completion of the...
Hi everyone, first of all, before doing anything I want to redirect your attention to another chart, that of Celsius Network. I've been charting charts for quite some time, 10+ years, and I have never to this date discovered two stocks/tokens moving IDENTICALLY, more or less over a period as long as 2 years, on completely different timeframes. One thing is...
This is a potential CEL trajectory for the next couple of months. If the rising channel is valid, we should be seeing some nice gains, regardless of the move so far! Buckle up! Price discovery!
I've made a pretty simple overview for BTC/USD daily chart without implementing any major technical indicators as this is my first time publishing a chart here on TW. I see many operating on hourly basis and that's fine but I believe trends and long term projections are better depicted on a daily chart.
S = Support
R = Resistance
We are at a significant...
