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Imredasouhail

Bearish Scenario of $BTC, Elliott Wave theory and FibonacciThe Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology...After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction. Mixing The Elliott Wave theory with Fibonacci retracement I can know approximately when we might end up with the BC correction...At The Golden zone of Fibonacci. Reda Souhail™
by TopGBanks
A descending channel is the most bullish form of consolidationFor the past couple of days, we have been creating a descending channel which is the most bullish form of consolidation with the highest probability of breaking to the upside and you can clearly see of course we broke right now our very important diagonal resistance level to the upside right there on the bitcoin chart and now our major resistance started to push the price down the 48840.00$ Level that will be my main focus for the upcoming days. The Next Target of Bitcoin if we broke the major resistance level will be The 51k$ or above area. Reda Souhail™
by TopGBanks
30%-50% Returns in Less Than 20daysFirst of all, let's talk about the small market cap which is sitting at the moment of writing this at $74,450,063 This is a low Gem cap and it has a big potential of x3 and even x5. The $DOCK price today is 0.1032. What Is The Dock Network (DOCK)? The dock is a platform designed to provide a simple solution for businesses and developers to build, manage and present digital credentials that are instantly verifiable using blockchain technology. The Upcoming Events At The End of this Month : Exchange Based Staking Mobile Wallet App V0.1 Blind Signature Scheme Ledger Wallet Support Ledger Wallet Support Dock Server Mobile Wallet App V0.2 Reda Souhail™
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by TopGBanks
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$BTC trading above the major ResistanceAfter a nice rally, the bitcoin's price went all the way up to the 48550.00$ level and retested the major resistance zone (47582.00-47313.00). That's a good bullish flag for all the BTC holders and traders in a short time. the probability of going back down to the range zone is higher than the bullish continuation expected by market participants. to not get disappointed in the long run we are bearish ...At The moment. More updates coming sooner! Reda Souhail™
by TopGBanks
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Right now solana is in the exact same position that cardano wasSOL will be trading between 100 and 200 region and i think we're gonna be up above 150 consistently for the next six months and we're going to more than likely not see 1 000$ But we might see it push 2 or 300 in general it's going to trade sideways a little bit as its fundamentals start coming to the crypto community similar to how we saw with cardano Right now solana is in the exact same position that cardano was
by TopGBanks
BTC/USDT analysis updateIn terms of key levels, Btc is seen as a consolidation between two very important areas. The resistance area from 46500 to 48000 is the key monthly resistance. In this area, you can also see that the optical fiber retracement value of 0.236 is aligned with the 21 EMA confluence line on 1D. The strong support area from 41700 to 44800 is also a key monthly support level. You can see the 0.382 Fibonacci retracement level and strong EMA support. In this case, the first possible scenario is further integration between these areas and a breakthrough and stay above the resistance area. The second possible scenario may be a crash and move to the last daily 200 EMA support level at the 41600 levels, and we can expect a good reversal. If we break from the daily 200 EMA support, our next strong reversal zone will be the 37600 to 39600 level.
by TopGBanks
$BTC Analysis...Will The bull get out alive before the 1W Close September 11, 2021 -------------------- Mid-Term: Bullish Short-Term: Bullish -------------------- Price action has just turned around short term, as new buyers have unexpectedly entered the market slightly pushing price up to above $45,000 (an intra-day safe zone). Even though volatility could f*ck things up for the bulls in the next couple of days, bulls have a slightly higher chance of getting out alive then bears before the weekly close. Bullish divergences are getting more and more noticeable on the 4H chart, meaning we could potentially get one last lower low below $44,000 before a much stronger push up and potential break above $48,000. Up Probability: 57% - Down: 43%
by TopGBanks
$BTC Premium Analysis September 9, 2021After reaching yesterday’s higher low at around $45,600 it went for a quick short-term run-up to our current $47,400 high. Since we're currently ranging above $46,550 for now, which holds as one of our strongest short/mid-term support levels, we could see a stronger push above in the next couple of hours before our daily close. With a break and close above $47,400 on the 4H for BTC, we would be pretty much out of short-term danger and buyers would gradually enter the market again, potentially pushing prices even higher. With a break and close below $44,500 however, we would be confirming a bearish continuation that could reach as low as $40,000 - $42,000. Up Probability: 58% - Down: 42%
BINANCE:BTCUSD.P
by TopGBanks
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Worst Scenario...Can we see New All time High…?#BTC currently trading at $46700 Yesterday Very bad dumped. No one predicted this bad dumped. This was pure manipulation guys. Now..? Bitcoin is trading above strong support level at $44800 So we can expect upward move from here. But In case not hold this support then we can see $38623 Last support for bull lovers. And If bounce then My Target will be $53000 Can we see New All time High…? Yes of course but only when BTC breakout $54000 resistance with high Volume. After breakout My Target will be $100k Worst Scenario..? Also keep in mind bear Zone also. If break down $38600 then We will enter in Bear zone.
BINANCE:BTCUSD.P
by TopGBanks