Six weeks ago I made an analysis on EGLD. In this analysis I discussed the ascending / bearish wedge pattern and the bearish target in case of a bearish move. As of this week, the bearish target of $170 has been reached and EGLD is currently trading near a huger support area. It's certainly possible for EGLD to drop further inside the area of support, but a...
Possible retest of hourley emas 200, btc LOOKS Bullish for a possible trade setup up to 46k.
Hello trading friends, This is an update for the day trend chart depending on the last trends for BTCUSDT. First of all, BTC is in a stable zone - same time bitcoin is still positive. There is no high change from the before updates - the trend is still the same. there are times when BTC goes crazy with increased trends when there is a positive trend, and...
The Nasdaq and BTC in very positive correlation since January. They both fall together like a double knife. Bloodbath!!
I twitted that #BTC is going to react soon ... and what happened? :-D
I expect a cascade of bulling breakouts. T1 – 44000 T2 – 46000
We are on the day 72 of the dump. On the day 72 on 2021 we reversed to the upside. If all the "fractal boys" were right we should be getting very close to happy hour. Personally I don't feel it yet. What's your opinion?
While Bitcoin was negative for two weeks, it was able to end last week's weekly candle positive. As we have seen in recent weeks, the $ 41,000 support area has been able to show good support. Bitcoin is currently in a triangle. The line above the triangle is the mid-term downtrend line. Given that the volumes in this area have shrunk and where it is in a downward...
We've struggled BIG to turn this trendline into a support since late 2021. Breaking out this trendline could attract some looks certainly. If that that happened while we see some more significant volume then it could turn into the beginning of something. In my opinion trend reversal won't happen when everybody is getting bullish. Trend reversal is most...
BTC potentially setting up for a break out from its downtrend resistance line. We need markets to find a bottom, and to follow with a nice rally to see this happen. SPY currently sitting near support with oversold RSI levels. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren...
BTC potentially setting up for a break out from its downtrend resistance line. We need markets to find a bottom, and to follow with a nice rally to see this happen. SPY currently sitting near support with oversold RSI levels. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren...
As we can see the price squezzing inside the triangle..probably tomorrow we might see sharp move “up or down” Btc volatility 39% which means too early to talk about new ATH’s 1) If the market wants to liquidate shorts,there will be a short squeeze approximately 46K-47K could be more! 2) If long squeeze; price may drop to 35k-36K 3) Institutional investors...
Update Bitcoin Just my personal calculation, please re-accumulate
Let's see how BTC is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. The market is showing massive SELL volumes for BTC. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as...
Hello, This project had good development and partnerships lately, strong community and utility also. Price is more than undervalued, check and see for yourself. This is not a trading advice, St.Gex
We stay in the 40-42k range until February, big volatility compression by then. Hopefully volume will return, if not, the range will be broken at the bottom and the bearmarket is likely. February may be decisive.
BTC has formed what looks to be a head and shoulders formation on the Daily, indicating more pain could be ahead for the OG crypto that's down 37% from it's peak earlier this year. The typical way to trade a head and shoulders pattern is to sell when we see a break through the neckline, which is currently acting as support but a break of this level could see price...
Pattern like to continue. Bu who would see this coming?