Zonetrading
BTSUSDT can go to the moon at midterm- Price is above Ichimoku and its lines
- Fibonacci's levels are ok
- The price is above the green zone as a strong support
BTCUSDTVictory of cows against big bears
As you can see in the previous Bitcoin analysis, the trend was well predicted.
The big bear or the powerful resistance zone shown in the chart, by keeping the price below them, has caused the cows to gather and now they have enough power to wash this zone.
*** Very important point ***
If buyers or cows can keep the price of bitcoin above 57,500, we expect bitcoin to climb to the middle of the channel.
But if the big bear can win again against the cows, it will fall to the bottom of the canal.
A critical moment in the crypto marketHave a look at the BTC.D chart every day! It's very important that the dominance go up or down!
Upside means: the money circulation transfer to BTC again and can fall altcoins market, and the phenomena can be followed by sharply increasing or decreasing of BTC price.
Downside means: alt party is just started!
XEMUSDT can again move to 0.8 $- A deep correction
- Well support on the zone
- Ichimoku cloud is supporting too
IRISUSDT is going to shape another cup pattern and pump- Cup pattern
- above of a strong support zone
- bullish momentum
BALUSDT will touch 65 and 85$ in midtermAfter a strong break out of the 33-36 $ level, I expect that BALUSDT will be touch 64 and 84 prices asap!
what is a weak or a strong exhaustion? after buyers and sellers have had battle at a significant zone and there is a clear winner with a move to the upside or to the downside we will then wait for exhaustion back to that zone, but how do we know if exhaustion is strong or weak? we have rules that if exhaustion is strong then we wait for double confirmation and if exhaustion is weak we just wait for price action with a bullish engulfing or significant pin par on the 4h timeframe. so a strong exhaustion will be just 1,2 or 3 candles back to area of sensitivity, no flow, just a straight shot to our zone. a weak exhaustion will have minor push and exhaustion cycles within the exhaustion, this is where entry confirmation will just require a bullish candle or a pin bar on the 4h timeframe