Crypt
#bicoin #btcstarburst? So far so good?Can this map stay in bounds well it remains to be seen how far off track will BTC GO? A gann study
Bitcoin: a Struggle at the Resistance AreaHello traders! It's me again!
Hope you guys have a very profitable week so far.
Here's my video analysis about Bitcoin. I shared in my other ideas that Bitcoin is hitting the resistance on the weekly timeframe.
While I believe Bitcoin can go to 30k USD and more, I think a correction is possible.
We can see Bitcoin dropping to the range-low, or even 20k area.
We shall see, and I also provided the trading plan there
Remember, not a financial advice!
Ethereum To Test Lower Levels?Ethereum has tested our level at $1341 several times over the weekend, but it has provided significant resistance with several red triangle on the KRI confirming resistance. We are gradually trending down with the rest of the crypto markets, meandering in the vacuum zone between this level and $1235. The latter should hold as a lower bound, but if not, then $1100 is the next target. The Kovach OBV is abysmally bearish which could suggest an impending relief rally. If so, watch $1341 as a ceiling.
✅TS ❕ XRPUSD: bounced off✅✅XRP bounced off the resistance level several times. the price cannot break through the level yet. A fall is possible.✅
🚀 SELL scenario: short to 0.353.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Agold hard to gauge...Today the Fed re-stated its conviction to fight inflation.
This makes TA very un-reliable. Given Agold does not have a built product it is close to impossible to accurately gauge interest levels.
Overall my expectation is for price to wiggle within the trading range for a while.
Untill we get more clarity from the federal reserve the standing strategy is to sell every pump and buy lower.
This chart does not contain L2 and L3, the reason being that this currency is purely speculative and could go lower than L1 but there are no pointers to acurately trace how low.
Trade carefully.
Once Last Pump for ETHI think the clock is running out on the current generation of blockchain projects. They've demonstrated both the potential of decentralized platforms and problems (scalability, accountability, token volatility, etc.). I think ETH gets to $5,000 by mid Spring and then it's done. I don't see massive corporations and governments going out of their way to fully adopt crypto and blockchain. They can't monetize products and services they don't control. Nor is it in humanity's best interest that they do. The next generation of decentralization tech will solve scalability and accountability issues and enable realistic use cases. Macro deterioration will also negatively impact highly speculative assets, like ETH. So we might not even see a bounce in Spring if interest rates rise. There's no substitute for fundamental value creation..
SO MANY POTENTIAL BOTTOM FOR BITCOIN!!Elliot Wave Theory : End of C Wave Correction ( Not Yet Confirmed )
Elliot Wave Theory : End of 5th Wave of Impulsive Wave from B - C Correction Wave ( Not Yet Confirmed )
Support Level based on Fib Extension : 161,8% ( Using A to B Correction Wave and 1 to 2 Impulsive Wave )
Strong Support Horizontal Line : 22th January 2021 and 28th January 2021.
RSI : Bullish Divergence
MACD : Bullish Divergence
Disclaimer : Not Financial Advice.
ETHUSD ❗ Price Go UP to Upper Channel LINE 📈As we can see, on November 3, the price was able to bounce off a strong support line, which originates in March 2020 and began a large rise towards the resistance line.
On November 7, the price begins its movement in the channel. On November 14, the price bounced off the upper channel line for the last time and began its downward movement. Yesterday the price reached the lower level of the channel and also bounced off it. Today I expect the price to continue its upward movement and reach the upper channel line.📈
Do you agree?)
Your Solldy.