BTCUSD → The price is held back by resistance 30340BTCUSD - an uptrend is forming on the chart within the price channel, but after a false breakdown of resistance, the price is not yet ready for a quick fall.
The price forms quite strong support area 27900-27000, which is quite actively defended by the bulls. The moving averages are acting as support, indicating an active trend. The price makes a false break-up of the MA-50 and goes back to the resistance for the next retest.
On the monthly chart, the price consolidates around the key resistance at 30430 for 2-3 months. There is no reaction to a false breakout.
Locally the price is squeezed in consolidation between channel resistance and 27000-27500 support level. I think another retest of the resistance could be successful.
Strong support: 27900, 27000.
Strong resistance: 30000, rising resistance line, 30430
I expect the end of formation of pre-breakdown consolidation with successful attempt to break through the upper border of the range, followed by the price growth to 32376, 36000
Regards to R. Linda!
Tether
ETHUSDT → The price is back in the green zone. Support retest ETHUSDT is forming an uptrend on the weekly timeframe. The target is the upper boundary of the range - 2020. The pair continues to test this area and with positive potential from bitcoin and bullish momentum in the market, Ethereum can finally break it.
The price again after another retest breaks the resistance of the local uptrend channel. The bulls are forcing a strong support area of 1800-1850, now, since the price is above the uptrend line, it is likely that the bulls will try to hold the 1900-1940 area. If the price succeeds, it might head towards 2167.
The moving averages are acting as support. A false break-down of the MA-50 sends the price to the retest of 2020.
Globally, there is a bullish potential after the false-break-down, the price continues to consolidate and gets ready for the further risings.
Strong support: Rising border of the channel, 1800-1850 area.
Strong resistance: 2020.
I expect continuation of growth after the next retest of support and possible consolidation of the price above the level.
Regards R. Linda!
BTCUSD→ Buyback of fall, Formation of pre-breakout consolidationBitcoin after a false breakdown of the key channel resistance makes a pullback, which made many speculators nervous. This reaction was adequate from the flagship, as after the strong rally it was necessary to form a pool of liquidity for further movement.
The price after the FB falls to the 50-day moving average, making a false-break through it and forming a bounce from the 0.382 Fibo area, which played the role of a strong support zone.
The price is buying back the fall in a few days and forming another retest of the uptrend channel resistance.
At the moment a consolidation is forming near an important level.
The price is squeezed in the range between 28000 and 31000 (marked with blue and red line). In the medium term, I expect a breakout of the upper boundary of this range with a subsequent rise to 36000.
Strong support: 28600 (false-break), 28329 (false-break) and 26655 (false-break).
Strong resistance: the upper boundary of the uptrend channel (break-up strategy), the 30000 level (break-up strategy) and 30575 (break-up strategy)
I suppose that the price may now form a consolidation near resistance of the key channel, but in the medium term I expect a breakout of the key line, a breakout of the upper border of the range mentioned above and growth towards 32376, then to 36000.
Sincerely R. Linda!
KNCUSDT → Strong consolidation after a resistance break KNCUSDT forms a breakout of range resistance. But this maneuver came at the time of correction of bitcoin and the whole market, so these nuances restrain further growth of KNC.
The coin after the resistance breakout forms consolidation in a narrow range, forming a strong support area below 0.600 and a strong resistance at 0.750.
The moving averages are also indicating lower volatility and a period of consolidation.
Price is forming multiple retests of the strong resistance area, I think that with positive leverage from bitcoin and more positive market sentiment, price will still break that area.
Strong support: 0.650, 0.600
Strong resistance: 0.750 (breakout strategy) 0.850
I expect that the price will continue to test the resistance at 0.750 and after the next attempt it will still be able to break it and will start to realize the accumulated potential.
Regards to R. Linda!
ADAUSDT → Recovery on the back of market growth ADAUSDT forms a support base on the background of a technical pullback in the area of 0.3750-0.3800. An uptrend is forming after breaking the previous one.
Bitcoin recovered most of its fall yesterday. One of the main reasons is again related to the banking sector.
Cardano also reacts to the growth of the flagship. The price makes a retest of the key resistance area of 0.4000. If the bulls can take control of this area, the cryptocurrency may reach the previously mentioned targets in the near future
Moving averages act as a support area, an uptrend is formed.
Strong support: 0.3800
Strong resistance: 0.4000, 0.4600
I expect, that on the base of cryptocurrency market recovery cardano can overcome important resistance and will continue its growth in the direction of 0.5500-0.6000
Sincerely R. Linda!
📈 Tether Dominance | Long-Term Lower Highs Bearish ConfirmationTether Dominance has been fighting to stay above EMA50 weekly since the year started, January 2023 and things aren't looking good for this index.
✔️ When Tether Dominance (USDT.D) goes down, everything Crypto (Bitcoin + Altcoins) goes up.
Tether Dominance closed last week above EMA10/21 just to be pushed lower once more, EMA50 working as support.
The longer a support level is challenged, the weaker it becomes.
Four and a half month EMA50 becoming weaker and weaker...
Since June 2022 we get lower high after lower high... Confirming the bears have the upper hand or else we would be seeing higher highs instead.
There are more bearish signals:
Trading volume keeps going lower and lower.
The RSI continues moving lower and lower, now below 50.
Bitcoin has one more bullish wave to give and we have an inverse relation between these...
It is the same chart, the same pattern we've been looking at now for many months... USDT.D peaking and consolidating before the next drop (distribution).
The longer it takes to break down, the stronger the drop when it comes.
It is very hard to invalidate this chart setup...
We would need to see a weekly close above 8.25%... So far it continues looking red.
This is confirmation. A bullish signal for Bitcoin and the Altcoins.
Thanks a lot for your continued support.
Namaste.
ZILUSDT → Retest of previously broken resistance ZILUSDT is doing without a strong correction so far, but it is still present. The price is currently in the green zone relative to the previously broken resistance.
The resistance line of the descending channel plays a key role at the moment. If the trend break is finally confirmed, the price can show strong growth to 0.0500 and 0.0700.
BUT! The cryptocurrency market is being dragged down by the correction of bitcoin and several large-cap coins. The flagship is in a correction phase at the moment, so the local decline of the whole market may continue.
Strong support: upper boundary of descending channel, level 0.0310
Strong resistance: 0.0365
I expect the formation of consolidation or false breakdown of the support with the further growth of the price towards 0.0500.
Sincerely R. Linda!
Fetch.AI Starts To Gain Momentum (Easy 50% Possible & Beyond)This one is looking pretty strong in the past few days.
Looks like we will have a very nice bullish-crypto-weekend this week.
Fetch.AI (FETUSDT) has gone above EMA50, 5 days closing green, a strong RSI and really high volume.
We had a lower low 22-Nov. but bear volume was really low.
While the bull volume continues to be predominant in this chart.
The easy target is set at 50%+ followed by 110% for the higher high.
This can happen fast because crypto is wild.
Namaste.
BTCUSD → A logical correction of the ABC. Mid-term - Long ↑BTCUSD surprised everyone by the fact that the cryptocurrency has already fallen from the high of 31000 to 27700. But you must understand that the price can't go up all the time. Let's find out what's going on!
Any market after rally goes into consolidation phases, which allow the price to rest, collect the necessary liquidity and energy for further movement. Bitcoin at the moment looks good enough to form a correction and then return to resistance for a possible retest.
We see the initial phase of forming a technical pullback (correction). The target levels for this maneuver can be the support levels: 0.382 Fibo (26655) and 0.5 Fibo (25300). At the moment I am waiting for the continuation of the falling down to those levels, but in the mid- and long-term perspective I think that the price will continue growing.
There is no need to panic, because since the beginning of the strong no-holds-barred rally, the price has passed 58%. That's a lot and it's logical to watch what is there now.
Strong support: 26655 (0.382 Fibo) False-break strategy; 25302 (0.5 Fibo) False-break strategy.
Strong resistance: 28329 (0.236 fibo) Breakout strategy; 30570 Breakout strategy.
I expect a slight continuation of the fall to the key Fibo levels in the formation of the correction ABC. But in the medium and long term, I expect continuation of growth to 30000 , 32376 .
Regards R. Linda!
FTM USDT CHART ANALYSIS WITH PROFFESIONAL COACH The FTM/USDT cryptocurrency pair is currently showing a bearish trend and may continue to decline towards the zone of 0.3900. Please note that cryptocurrency markets are highly volatile and can change rapidly. It's important to conduct thorough research and exercise caution when making investment decisions."
TRXUSDT → Consolidation. Breaking through Strong Resistance TRXUSDT breaks the downward resistance, which has been holding the price back for more than a year. As we can see, the price forms a local uptrend and on the next retest the coin forms a breakout. What's next?
The energy for the breakout has been accumulating since the end of last year. The last month and a half the price sticks to the resistance and forms pressure from below. (Triangle area).
While many altcoins have been confidently updating highs TRX has been practicing stamina and accumulating.
It remains for the bulls to hold the 0.0650 level defense behind them.
Strong support: 0.065, 0.0600.
Strong resistance: 0.0700 (breakdown strategy)
I expect from the bulls a confident consolidation of the price above the broken line with the subsequent growth towards 0.0800, then to 0.1000
Regards R. Linda!
General Pathways - Inevitability. Maxis Unite BITCOIN
is the Truth of All things and
brings all Evil to Light at the end of the day.
One cannot debate this any longer.
What more can they throw at BTC really besides nuclear armament? Which we all know is extremely unlikely as the leaders prefer not to demise in a fiery death just as much as anyone else. Why not go Balls Long in Bitcoin right now? This is why, because the market is going to move the way
We the Bitcoiners want it to. IN a SERPENTINE like fashion
rather. Peace to Alan ( Watts, Maman, and others)
CRYPTOCAP:BTC
ROSEUSDT → Retest and break resistance. Rising to 0.11?ROSEUSDT in the moment formation of the day formed a global reversal set-up, which failed, but formed a strong support base. The price is now breaking resistance and confirming the intent of the market.
After the formation of a strong reversal area, the price from the channel resistance forms a retest of the support area 0.05-0.04, after grabbing the liquidity cryptocurrency makes a retest of the resistance.
The price makes an attempt to break through global trend resistance and begins to form a bullish momentum.
The bulls have a chance to reverse the market.
Strong support: channel boundary, 0.072, 0.0685
Strong resistance: 0.0857.
I expect the continuation of growth after the price fixes above the broken line. My target is 0.1100.
Regards R. Linda!
BTCUSD → Growth is stopped for consolidation. Level 30575!Bitcoin surges forward and tops out at 31035, then returns to sideways movement and gains energy. What to expect from the price?
On the global timeframe (chart on the left), we see that the price is trying to test the global high, which is around 32000 - 33000 .
Price forms a strong correction after the first rally, but the second rally ends with a strong consolidation that resumes the rise. Bitcoin obviously enjoys strong support from buyers as there are several fundamental reasons for this: the banking crisis, the thaw and new interest from the crowd.
On the local chart, the price is forming a consolidation in the format of an ascending triangle, which can be interpreted as a preparation for continued growth. Also, the price forms a local resistance level of 30575 , a breakthrough of which will mean the upcoming price strengthening to the strong target of 32376 .
Moving averages serve as support
Strong support: 30000 (false breakout strategy), 29400
Strong resistance: 30575 (breakout strategy), 32376
I expect price to be in consolidation for a while and continue to test resistance at 30575 , but at some point this area will be broken and price will make a new rally to 32376 .
Regards to R.Linda!
JASMYUSDT → Another attempt to break the trendJASMY forms a global reversal pattern, which opens new potential.
The coin forms a pre-breakout consolidation near the upper limit of the channel. The price successfully breaks the line.
JASMY opens for itself a new range. On the daily chart, yesterday, the price breaks the resistance and closes above the line, forming a local resistance level at 0.006577 and with another retest and breakout of that area, we might see a strong momentum towards 0.01000
Daily moving averages are acting as support, on the daily timeframe the price consolidates above the previously broken line. The way is open for the upside towards 0.008325
Strong support: previously broken channel line, support at 0.005742
Strong resistance: 0.006577 (breakdown strategy) 0.0069
I expect the continuation of growth after the final fixation of the price above the channel. The medium-term target is 0.008325 , the long-term target is the liquidity zone 0.012
Regards R. Linda!
Bitcoin Tetherusdt 1h long ideaBINANCE:BTCUSDT
Bitcoin is respecting the trend lines in red, channel shows clear support and resistances. higher lows and higher highs,(bullish) could easily break out of this channel with some good buying volume. Gartley visible, if longing, stop loss on the X and take some profit on A, cautiously optimistic. jt
BTCUSD → Triangle. Resistance 28650. Ready for...Bitcoin has been in a narrow consolidation for 3 weeks. The upward price channel, numerous retests of resistance and absence of decline determines quite interesting prospects.
The chart clearly shows the formed ascending price channel and prolonged price consolidation in the resistance zone. We do not observe the standard situation - falling after testing. The price forms a prolonged consolidation and retests resistance for a breakout. The asset is gaining liquidity due to narrow pro-trading.
Breakout of this consolidation in one direction or the other can form an active momentum and within a few days the price can reach the specified target.
I expect growth due to such factors as:
no reaction to a false break of resistance
prolonged consolidation next to the resistance
lower volatility and liquidity collection
multiple resistance retests
Strong support levels: 26750 (false-break-down strategy), 24920
Strong resistance levels: 28615 (breakout strategy), 3000 and 35443
I expect that soon after the new retest of 28615 , the price will finally break the resistance and the bulls will start the realization of the accumulated liquidity. The short-term target is 30000-32000, the medium-term target is 35443 (1.618 Fibo level)
Regards to R. Linda!
📈 Tether Dominance Monthly & The End Of The WorldWe looked at this timeframe once in the past and this is a very important one.
Tether Dominance closed last month on a strongly bearish candle, this month it is moving again below EMA10... USDT.D has been below EMA10 monthly only a few sessions in its entire existence... This is a major development and ultra-bullish for the Cryptocurrency market; Bitcoin & Altcoins growth.
It is really hard to belief because the world is ending for the 1 millionth time and as the world ends it is impossible to imagine anything positive happening but remember, the world has been ending ever since the day it was borne.
Listen, when something, somewhere goes down, something else in some other place goes up.
For example, the end of the world was Covid or the 2008 financial crisis, or 1929, or the revolution, or the World War, etc... It continues, it never really ends...
Back to my point, when Covid was launched, a huge portion of the world was hit very, very baldly but at the same time an entire portion that was suffering for a long time started to thrive.
My point is that energy cannot be created or destroyed it changes from one state to another.
✔️ If one industry goes down, another goes up.
✔️ If one country is going down, another one is rising up.
✔️ If a system is dying, a new one is being born.
Yes, there is negative in this world but look at the positive...
The positive is us, LIFE!
The world is not over... It is never ending, it is ETERNAL!
Get back to work!
Namaste.
NEOUSDT → Another resistance retest. The odds go up NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful.
The 4-hour moving averages act as support, forcing price to test the triangle resistance line.
The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon
Strong support: 12.15, 11.65
Strong resistance: 13.86, 15.80
I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80
Sincerely R. Linda!
📈 Tether Dominance Replete Of Bearish SignalsSince everything I share is bullish, it is good to read the Tether Dominance chart to look at some of the bearish signals, for learning and entertainment.
We have the lower highs mixed with candlestick reading.
1) The inverted hammer as a lower high (double strength).
2) Doji after lower high inverted hammer (triple strength bearish signal).
3) Rejection at EMA10 and EMA21 (additional confirmation more strength to previously noted bearish signals).
4) MACD moves below 0 trading below signal line.
5) RSI trending lower and downtrend since June 2022.
We want to see the action... Let it drop!
Let the entire Cryptocurrency (Bitcoin + Altcoins) market go up.
Namaste.