Movements
LUNA breaks above $90 as buyers push throughTerra price analysis suggests upwards movement to $93
The closest support level lies at $90.00
LUNA faces resistance at the $92.00 mark
The Terra price analysis shows that the asset’s price action has finally found bullish support to breakthrough the $90.00 mark. If the buyers capitalize on this momentum, LUNA may see the $95.00 mark in the next few days.
The broader cryptocurrency market has observed a bullish market sentiment over the last 24-hours as most major cryptocurrencies observe positive price movements. Major players include AVAXand SOL recording an 11.43 and a 5.82 percent incline respectively.
BTCUSDT - LongTerm Analysiss $84k Hi Traders & Investors
In financial markets price movements always repeat them selfs
its kinda foot prints of big financial companies and simply; huge money flow
if you take a closer look at major movements of btc price you probably notice those big major legs( black arrows )
for now i think after the correction that we have ahead of us another big price movement start and i think around 54k is the start of the next major move and around 84k will be the end of that movement .
also the fibo extension of the last major move (1.272) shows us $91k is target of the next leg .
what you guys think? are you agree with accuracy of major movements ? Im personally believe in them and i think they are so accurate.
GodBless
ADA Short Term Possibilities Important things to note:
BTC pushing for 50K
ADA needs to break diagonal trendline (resistance).
If ADA cannot break out, it will fall to support and bounce.
The red lines are support including diagonal support.
I have marked the double bottom support from the 1D chart.
If ADA can break out of diagonal resistance, it will need to make a higher high.
Once this is done, I see one more movement at most before it consolidates downward for next movement.
We are in a bullish trend.
Important dates:
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
I am going to make this short because I am crunched for time. BTC is going for 50k, we will see how that goes, if it fails, I can see another higher low at 44k and bounce. ADA will need to break out of its diagonal trendline (resistance) and make another higher high. If it cannot do that, it will get pushed down. Hopefully I get my double bottom from this but we will see. It can hit any of the red support lines including the diagonal support. If it breaks out to the upside of the diagonal resistance, it will hopefully create a new higher high and maybe have 1 more movement in it before it starts a consolidation pattern downward. There are all the movements I see at the moment. You already know the one I am looking for personally. Remember, we are in an bullish uptrend. Do not let your emotions get the best of you. You will be fine. If the opportunity presents itself, DCA. Otherwise, just sit back and relax. I will continue to watch ADA and update you all on the movements. Thanks again!
I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it.
Tell me what you think?
This is not financial advice. DYODD.
