Technicalindicators
COIN Breaking Out Zone we tested a critical Resistant Level yesterday around the 88.80$, we need to break it and hold above it to confirm new support and going to test 2 profit taking around the 95$, and the 112$ levels .
if we didn't over come this resistant around 88.80$, we need to hold above the 64$+,to show that we are in reversal mood , and making this our bottom for this year , we going to break the 88.80 the next time we tested .
NASDAQ:COIN
⚡️ETH QUICK UPDATE⚡️Hello everyone welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
Nothing changed for ETH Still resting near the resistance level Bulls need to break and close above this resistance level for further bullish movement.
ETH is holding green support well and we can see a sideways market for a few more candles at this level and bounce to break above this channel.
As bulls are holding above the $1500 price level until ETH is able to keep above this level, chances are to gain above towards $1950.
IMO, we should wait for weekly close and monthly close, before close we can see some shake-off at current price levels but we need a close above local green support to climb above this channel pattern.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
ATER Squeeze levelwe been holing our ascending channel for weeks , and we broke from our resistant the 0.59$, now we going to test the 1$ , which is the psychological level, and squeeze area for ATER, we need to hold above the 0.71$ to confirm the bearkout if we got rejected the first time .
a bonus in TradingView coins (up to 30$)
tiny.one
The beginning of a price drop!Hello to all members of TradingView and my followers.
Bitcoin price tried to close above the $22,000 level, but bears remained active. As a result, there was a price drop below the $21,500 level.
The price dropped below the uptrend's 50% retracement Fib level from $19,300 to a high of $22,498. The price now trades below the $21,500 level and the 100-hour simple moving average.
Bitcoin is now testing the key support of $20,500.
If the price of Bitcoin remains above the trend line, it could correct above $20,800. In the uptrend, the price faces resistance near the $20,800 and $20,850 levels.
Key resistance is in the $21,250 range. A close above the $21,250 resistance area could allow a test of the $22,000 level. Any further upside may open the door for a rally to the $22,500 level. The next major resistance is near the $23,200 level.
If Bitcoin fails to stay above the $20,500 support, the $20,050 support will await.
The next major support is near $19,600, or the last swing low. A close below the $19,600 support area could push the price to $19,000. In the mentioned case, there is a risk of a move towards the $18,500 level.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Is the current situation a trading trap?Hello to all members of TradingView and my followers.
On the daily time frame, as you can see, there is a downtrend line with high resistance that Bitcoin has yet to break.
If you look closely at the RSI, you will see that we also have a hidden divergence.
For this divergence to fail, the downward trend line must break and move up and be able to touch the place where the previous peak was located (the range of $22,000-21,900).
Otherwise, the divergence will work, and we will see the lower supports, which are $19,000 and $18,000. In the range of $18,900, we have the bottom of the triangle pattern for support.
If the price falls, the bottom of the triangle pattern can partially stop the fall.
So for us now, more negative than positive signals have been issued.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
#BTC/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
As we can see from the chart mentioned above
BTC performed well, bounced from the lower trend line support, and pumped almost 7.5% after a break above the resistance zone.
BTC got rejected from the upper trend line support at the price level of $20440 and moving downside.
Here B TC should hold the lower trend line support to recover again towards the upside.
If any 4hr candle closes below the lower trend line, the next stop will be the lower green support zone, which is $17.6k - $18k.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Further decline or range trend?Hello to all members of TradingView and my followers.
As you can see, Bitcoin is currently trading at the bottom of the $19,632 range (which is also resistance).
Even though the 100-hour simple moving average is at the $20,000 level, Bitcoin's efforts to break above the $19,632 level have been unsuccessful.
In general, Bitcoin's movement is under its downward trend line.
In the previous hours, we saw that the price of Bitcoin reached $18,800.
There are two major resistances to Bitcoin right now. The first is the $19,632 level, and the second is the 100-hour simple moving average line I mentioned.
Of course, the downward trend line is also considered a resistance.
As you can see, the green histograms formed on MACD; are tied to the buy signal on the chart. Although the indicator displayed a buy signal, buyers still struggled in the market.
Bollinger Bands portray the price volatility of the asset.
Until the powerful $18,700 support range is broken to the downside, Bitcoin can fluctuate between this range and the $19,800 resistance.
If it breaks, the situation will be different, and the movement towards $17,500 will start.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Bitcoin's last hope before falling to lower supports!Hello to all members of TradingView and my followers.
Bitcoin is in a completely bearish state and has shown no signs of an uptrend so far.
However, according to yesterday's analysis, the possibility was not ruled out (and it still is not) that we will see a reaction to the $19,000 area and thus see a relative rise to about $22,000.
But today and up to this moment, this possibility is steadily fading, and what replaces it is the re-visit of the $18,000 area, which Bitcoin seems eager to visit.
Bitcoin's current support is $18,930; Until it is broken, the price will likely move towards higher resistances. If it is broken, the downward movement starts.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
#BTC/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
BTC currently forming a triangle structure and trading on a lower trend line support at the price level of $19k roughly.
Here BTC needs to hold this level and recover towards the upper trend line.
Candle close below will lead BTC again towards its lower level of $17.5k.
Let’s see how BTC performs in the upcoming hours.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
$BOXD Next Target PTs 3.25-3.40 and higherBoxed, Inc. operates as an e-commerce retailer and an e-commerce enabler in the continental United States. The company through its e-commerce retail service provides branded and private labelled bulk pantry consumables, such as paper products, snacks, beverages, cleaning supplies, etc. to B2C and B2B customers, vendors, and enterprise retailers, as well as household customers. It also provides Boxed IQ, a content management suite, programmatic cost-per-click ad-platform, and vendor portal data suite, that offers vendors, suppliers, and CPG manufacturers the ability to advertise their products to customers, and access customer data and feedback in real-time; on-demand grocery services; and an enterprise-level e-commerce platform. Boxed, Inc. was founded in 2013 and is headquartered in New York, New York.
✅ BITCOIN (Analysis)Bitcoin has fluctuated between the resistance of 21,600 and the support of $ 20,900. Yesterday, a price return was possible due to the price stoppage and the reduction of buyers' power in the resistance range of $ 20,600. This happened, and again, because the general direction of the short-term uptrend is, the movement of bitcoin in the third encounter with the short-term uptrend line has been accompanied by a good reaction.
But in general, at a higher time in the 1 hour time, due to the hidden positive divergence of the RSI, there is a possibility of a price reversal, so if the strong resistance of $ 20,900 to $ 21,600 is not broken upwards, the bottom of the short bullish channel may be broken. There is a time and a return to lower support. For the short term, the Pivot Points indicator can also be used to determine the momentum and direction of the short-term trend.
BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the one mentioned chart that BTC is on the way to forming an INVERSE HEAD AND SHOULDER pattern but the right shoulder is still incomplete.
A candle close above the blue MA will lead BTC towards the upper trend line resistance which will be the competition of an inverse head and shoulder pattern.
Once BTC touches the upper trend line it needs to break above to rally towards the upper price levels of $21500.
Candle close below the lower green support will lead BTC to touch the lower price levels of $17500.
Let’s see how BTC performs in the upcoming hours till then stay tuned with us to get the upcoming updates.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
RDBX $ Target Level'swe entrained a consolidation mode the moment we met with our RS level around the 13.50$, and holding above the current support above 9$+, which show us that there's a balance between the selling pressure from above and buying pressure from below, we will confirm the strength of either side by over coming the resistant above 13.50$, which show us the potential squeeze at 18.00$, and going to the 25$ price target , other wise we will see a sell of the moment we break the 9$ SP, and going to the 5$+ SP, and confirm the short control .
NASDAQ:RDBX
BITCOIN - 4H⏱Hello to all members of TradingView and my followers.
With a good return from the $ 18,000 range, Bitcoin showed that this level of support could prevent further bitcoin losses for at least a few days.
The reversal is strong, but to get higher, at least in the 4-hour timeframe, the $ 23,000 resistance needs to be broken, so we can expect Bitcoin to take a short-term uptrend. By breaking the downtrend line and turning this level into support, Bitcoin will likely have another uptrend to the resistance of the $ 22,000 price channel.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know.
Respectfully.
BITCOIN - 13K??Hello to all members of TradingView and my followers.
Bitcoin continued to fall sharply yesterday, breaking the $ 20,000 support and moving to the $ 17,700 range. From this area, given the good static support range in the past, there has been a good price reaction, and we have seen a return to the $ 19,500 resistance level. Due to the high selling pressure, the downtrend is expected to continue up to the main range of $ 13,970 to $ 13,716. But for the short term, the current support level can keep the price from falling further. If a sign of divergence is seen on the RSI indicator and a downtrend line is broken up, the price can enter a trend range between the current support and the $ 20,000 resistance.
Use tight stop loss in all trades!
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.