BEAR MARKET SEASON!!!!! BITCOIN CHART ANALYSISThe current market structure of bitcoin on monthly, weekly and daily timeframe as we are in a bearish market due to high inflation, Russian and Ukraine war and high-interest rate
Crypto-trading
✅BITCOIN WILL GO UP|LONG🚀
✅BITCOIN has been falling recently
And the pair seems locally oversold
So as the pair is approaching a horizontal support
Price growth is to be expected
LONG🚀
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long ATOM $ATOM is bouncing off the support level. Bullish movement to resistance level at 12,4$ is possible.
BTCUSDTMore than 2 months have passed since the last domination review.
Much has changed since then, especially with regard to the cryptocurrency market.
At the moment I see two possible scenarios for the development of domination:
1) if bitcoin is shed below 25k and we see a continued outflow of large investors, the chances of an instant increase in dominance to the 50%+ zone are infinitely high
2) the current low is the bottom and we will be able to see a reversal in the near future, in this case the scenario from previous reviews will remain relevant and an alt season is possible before the end of the cycle.
As for my personal opinion, I am inclined to believe in the first scenario, too much food + news about outbreaks of smallpox around the world can repeat the capitulation of all markets, as we have already seen in 2019.
short on MOVR $MOVR is bouncing off the strong resistance level and the descending trendline. Bearish trend is likely to continue and reach the support level at 20$
Bitcoin long$BTC bounced off the support level and now is forming the reversed Head and shoulders pattern. Bullish movement to resistance level at 30717$ is likely to happen.
long CHZ$CHZ broke through the descending trendline and the resistance level. Bullish movement to resistance level at 0,19$ is possible.
MOVR long$MOVR bounced off the support level. Bullish movement to resistance level at 31,88$ is likely to happen.
Short DYDX$DYDX bounced off the resistance level and broke through the ascending trendline. Bearisb movement to support level at 1,46$ is likely to happen.
Long NEAR$NEAR is bouncing off the ascending trendline. Bullish movement to resistance level at 7,58$ is likely to happen.
long ATOM$ATOM broke through the resistance level. Bullish movement to resistance level at 15.23$ is likely to happen.
SOLANA scalping trade update#SOLANA LTF chart Update:-
$SOL looking good as per chart.
But
Need to breakout $51 level for enter in bullish zone.
I am Buying some in Future and My strict Stop loss is $45
Targets:- $56/$68/$85
Stop Loss:- $45
short on SHIBA$SHIB bounced off the descending trendline and the resistance level. Bearish trend is likely to continue and reach the support at 0.0000032$
short AXS$AXS bounced off the resistance level for the 3d time. Decline to support level at 17,95$ is likely to happen.
short on APE$APE is bouncing off the descending trendline and the resistance level. Bearish movement to support level at 5,42$ is likely to happen.
long BITCOIN$BTC broke through the descending trendline. Bullish movement to resistance level at 31784$ is possible.
BItcoin on its FINAL TESTBitcoin is at daily support region of 28k - 30.8k, If we hold current levels we could see a pullback to 37k - 39.8k zones, which is going to act as major resistance. A failure to break this zone can send prices tumbling down to 20.1k - 16.4k key zone relatively quickly. We advice to not make any investments long term and hold your bags tight for the crash about to unfold should we not break the supply level.
BTC/USDHourly chart, forming a W for the time coming off the 30k level.
(a) We have hourly W top test into lows from January resistance, having just broke it 2 days ago as support.
(b) Break down on hourly and retest trendline double low, break that and we are headed for MAJOR WEEKLY technical level.
(c) W plays out and breaks out above January lows, likely if it breaks out, will pull back to retest 33k level.
(d) Following the breakdown of (b), weekly level is tested and can go into extreme fear, free fall environment.
The outlooks here are just my own, how I view current conditions.
ETHEREUM Correction Ahead! Buy!
Hello,Traders!
ETHEREUM fell sharply following the lead of BTC
But now the pair seems to have found a support level
And we are already seeing a bullish rebound
I think there is a chance to see further move up
With the target of retesting the falling resistance
Buy!
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long MOVR $MOVRUSDT broke throug the descending trendline. Bullish movement to resistance level at 39$ is likely to happen.
short on SHIBA$SHIBUSDT bounced off the descending trendline. Bearish movement to local low at 0.000014$ is likely to happen.
BEAR MARKET TAKES OVER Chart is on the daily:
Looks like my original chart pattern prediction has came true. Sorry Bitcoiner's, looks like the bear has its claw's deep on the market.
We will see a couple of positive jumps in the next couple of days but ultimately, the market will speak for itself and progress down like it has been. It breaks back up and progress over the support line of $41,000 we can see a positive turn around. Fingers crossed my friends!
long on ALGO $ALGO broke through the resistance level and the descending trendline. Bullish movement to resistance level at 0,9615$ is likely to happen.
