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BTCUSD AnalysisBitcoin has retreated again as the crisis intensifies and risk appetite declines. Given the great uncertainty of risky assets, the market is still dominated by those who are reluctant to increase their holdings. This led to a lack of liquidity and a wave of selling.I see "decent resistance" at the $40,000-45,000 price level as the geopolitical crisis will prevent "significant gains" in risk assets.The gray area in the chart will be the price zone to which the price will potentially move.
INDEX:BTCUSD
by Super_B_XinR
1
SHIB - H4- time for Uptrend? I did TA on H4 chart at a very begging of November and I was a bit shocked and surprised with my outcome. SHIB reversal at 0.00003181??? I can see that after last 2 months my TA still valid and seems steadily headed for 0.00003181 support level. It seems that only after reached 0.00003181 support level , we can aspect buy trend to start. At the moment my TA performed very well and I do hope for reversal at any moment. Fingers crossed ( toes as well ;) ) Watch closely next few days or weeks, because it is very possible that we back in “game”!!!! To The Moon??? Why not, TO THE MOON!!! ;) I wish patience to all for an another week or two. Like me or hate me, but please, don’t forget to share your insights, TA and comments! I do wish a very successful trading in 2022 for everyone!!!
by G-money2022
2
ETH UPDATE-H4- Support at 28k I did TA on H4 chart at a very begging of November and I was a bit shocked and surprised with my outcome. I can see that after last 2 months my TA still valid and seems steadily heading for 28k major support level. It seems that only after reaching 28k support level , we can aspect trend reversal for a long term. I wish patience to all for an another month or two. Like me or hate me, but please, don’t forget to share your insights, TA and comments! I do wish a very successful trading in 2022 for everyone!!!
by G-money2022
2
BTC Update- 1D- TA - 35k support I did TA on H4 chart at a very begging of November and I was a bit shocked and surprised with my outcome. BTC 1D chart added to show and support H4 chart TA. I can see that after last 2 months my TA still valid and seems steadily heading for 35k support level. It seems that only after reaching 35k support level , we can aspect trend reversal for a long term. I wish patience to all for an another month or two. Like me or hate me, but please, don’t forget to share your insights, TA and comments! I do wish a very successful trading in 2022 for everyone!!!
by G-money2022