BiTBingo

BiTBingo

The $0.000032 resistance zone is a critical supply area; we anticipate price action will react upon reaching this level and expect a bearish trend to emerge from here. If the uptrend to the $0.000032 price level is exhausted before the well-established support at $0.0000175 is reached, we could see a decline towards lower price levels. This is just my opinion...

BiTBingo Updated 

The corrective scenario is valid only if the $89,308 support zone is fully mitigated. After a single liquidity sweep into this level, we anticipate a bullish retracement targeting the $106,225 price range, where sell-side liquidity is expected to be tapped. Following this, a bearish continuation toward the $84,000 zone is likely. If the $89,308 support zone...

BiTBingo Updated 

The purple support zone within the price range of $0.232 has been tested multiple times so far. If this support area is breached, we expect the bearish trend to continue towards lower levels. Upon closer examination, we observe that the resistance zone at $0.3484 has not yet been tested, and the momentum of the bearish trend has been stronger. Once the purple...

BiTBingo Updated 

The resistance level at $4165 has not been fully consumed yet. As long as the support area at $2982.5 holds, we can expect a bullish trend similar to the previous scenario. Currently, the probability of a bearish scenario and the consumption of the $2982.5 support level is much higher. If this support zone is consumed, we can expect to see the $2700 price range...

BiTBingo Updated 

Hi guys The main trend is downward. We have not yet received confirmation of a trend change and the bullish outlook is very weak for now. But on the daily and four-hour time frames, we have a positive RSI divergence. And provided that the downward trend line is broken and the resistance range of $0.893 is consumed, the possibility of the continuation of the...

BiTBingo Updated 

Hi guys Do you think we should wait for the $10.6 support area to be consumed and the upward trend line to break down? Or considering maintaining the upward trend line, provided the previous floor of the price is maintained, can we expect a failure from above and see higher price areas?

BiTBingo Updated 

hi For now, we don't have any positive signal and the best case is to wait; If the $0.12172 resistance range is completely consumed, we can expect a break of the descending channel and an uptrend. But now, due to maintaining the downward channelized movement, the probability of the continuation of the downward trend is higher. What do you think?

BiTBingo Updated 

Hi guys on the weekly time frame; If the red downtrend line breaks upwards, we may be ready to complete the flag pattern. But the situation is not interesting here at the moment. If the red support area ($104.5) is completely consumed, we expect a reaction from the area of ​​$188.4 or $160.3, and the possibility of continuing the downward trend to the specified...

BiTBingo Updated 

Hi guys We are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates. In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the...

BiTBingo

hi guys On the price chart, when we still hold the support area of ​​$4.46, and the LL is not made for us, we cannot expect a bearish trend. If the $4.46 support range is fully consumed, a bearish scenario is likely. Right now, the bullish scenario weighs more for us. And if the $7.95 resistance area is completely consumed, the bullish mentality will be...

BiTBingo Updated 

Hey guys It seems that we can expect a reaction from the two specified price ranges. On the thirty-minute time frame, a compression movement has been created and it seems that according to the signals issued by Ichi Moko; We can expect an upward trend up to the specified price area. Keep in mind that if the marked red support area is completely consumed, the...

BiTBingo Updated 

Hi guys If the support range of $65,800 is consumed, the possibility of completing the double top pattern and a downward trend will be strengthened. It is likely that the announced data will be the driver of this downward trend if it is announced more than expected. Considering the maintenance of the resistance range, the possibility of continuing the upward...

BiTBingo Updated 

Hi guys It seems that we have an upward channelized trend. And currently, the ceiling of the RSI negative divergence channel has also been issued. The support area of ​​$17.24 is still preserved. Provided that this support area and the upward trend line are maintained, there is a high possibility of forming an upward trend similar to the drawn upward...

BiTBingo Updated 

Hi guys For now, the trend is fluctuating between the two ranges. If the support area of ​​$3.0488 is completely consumed, the possibility of the continuation of the downward trend and the touching of the medium-term uptrend line will be strengthened. At the moment, it seems that the weight of the downside scenario is more. What do you think?

BiTBingo Updated 

It seems that according to the maintenance of the upward trend line (we do not have a LL on the price chart), if the resistance range of $8.7 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high. If this specified resistance area is not completely consumed, we expect a downward trend and the bullish...

BiTBingo Updated 

Hi guys Tangent with the medium-term uptrend line, in the lower time frames, a head and shoulder pattern is formed at the end of the downtrend. The support areas are also well preserved so far; Provided that the previous price floor is maintained, and the resistance range of $0.831 is consumed, we expect an upward trend similar to the scenario.

BiTBingo Updated 

Hi guys Considering the consumption of the specified range, the probability of reaction to the specified price range is very high. On the higher time frame, the probability that a higher ceiling will be formed compared to the previous ceiling is very weak. As a result, our bullish view is short-term for now. What do you think?

BiTBingo Updated 

Let's go for Ethereum $4000 or Ethereum $3500!!? what do you think? We have HH and HL on the chart so far; In other words, we do not have confirmation for a downward trend (((currently))). The resistance range that we had on the price area of ​​$3943 has also been completely consumed. As the resistance areas are consumed, the way to continue the upward trend is...