Hi, crypto traders. #Last week's results and review Last week, the price was at a point where it could have moved in either direction, but it ultimately rose significantly, surpassing significant milestones of 60MA and 100MA. While the price may dip slightly in the future, the momentum is expected to continue upward due to these breakthroughs. However, caution...
Hi, crypto traders. #Last week's results and review This is my first article in two weeks. During these two weeks, the price fell below the 1st target of 58,400 USD and further below the 2nd target of 56,500 USD, reaching 53,500 USD. After that, the price rebounded and has recently returned to levels exceeding 60,000 USD temporarily. Due to the CPI results, it...
Hi, crypto traders. #Last week's results and review Last week, the price dropped as expected, temporarily falling below 60,000 USD to 58,400 USD. After that, the price rebounded, but it is currently stagnant, fluctuating between 60,000 and 62,500 USD. While it is possible for the price to temporarily rebound to 20MA, I believe that, fundamentally, the price...
Hi, crypto traders. #Last week's results and review Although I couldn't update the article last week, the price continued to decline as expected. 5MA has fallen below 20MA, 60MA, and 100MA, and the candlestick is below 5MA. I believe the price will continue to decline, but the focus will be on where it will rebound. In that case, the following target points may...
Hi, crypto traders. #Last week's results and review Last week, the price rose as predicted, and it seemed like it might break upwards following the employment statistics. However, instead, it peaked at 72,000 USD and gradually declined. Currently, the candlestick has fallen below 5MA. # Current order of the candlesticks and MA lines 5MA (red) > the candle =...
Hi, crypto traders. Last week, there was not as much movement as expected, with prices gradually declining and briefly falling slightly below 20MA. 5MA and 20MA crossed, as well as 60MA and 100MA. However, the current price has recovered slightly and is fluctuating around 69,000 USD. # Current order of the candlesticks and MA lines the candle > 5MA (red) =...
Hi, crypto traders. Last week, as expected, the price rose and temporarily surged to 72,000 USD. Although the price then fell, it began to rise again from a bottom of 66,300 USD, and it is currently hovering slightly above 5MA. # Current order of the candlesticks and MA lines the candle = 5MA (red) > 20MA (blue) = 60MA (green) > 100MA (black) #Technical...
Hi, crypto traders. Last week, I predicted that prices would drop technically, but the CPI results caused prices to soar. The forecast that the trend could easily reverse if prices suddenly surged due to some trigger proved accurate, and the momentum for a reversal back to an upward trend is increasing. # Current order of the candlesticks and MA lines the...
Hi, crypto traders. Last week, the price temporarily rose to 65,500USD but began to fall again before the candlestick touched 60MA. As both 5MA and the candlestick are slightly below 100MA, it seems that the short-term downward trend will continue unless the candlestick sharply breaks above 60MA. # Current order of the candlesticks and MA lines 60MA (green) >...
Hi, traders. Last week, candlestick broke below 5MA again, and 5MA itself has clearly fallen below 20MA. Since candlestick is above 100MA, I believe the price will still rise in the long term. However, unless candlestick clearly breaks above 5MA, the price is expected to decline in the short term. # Current order of the candlesticks and MA lines 20MA (blue) >...
Hi, crypto traders. Last week, as expected, there was a significant short-term decline and the price dropped to 56,500 USD. Subsequently, following the results of the U.S. employment statistics, the price rebounded sharply and is currently moving around 62,700 USD. However, there were moments when the candlestick briefly fell below 100MA, and considering the...
Hi, crypto traders. Last week, the price rose to 67,200 USD and briefly surpassed 20MA, but then fell back. 5MA, 20MA, and 60MA are very close to each other, creating a situation where prices can easily move up or down. Under these conditions, a significant price movement is expected in the near future. The current order of the candlesticks and MA lines are as...
Hi, crypto traders. Last week, 5MA fell below 20MA and 60MA, and the price also dropped below 60,000USD. However, after briefly falling below the psychological line of 60,000USD, the price reversed, and the candlesticks have moved back above 5MA. The current order of the candlesticks and MA lines are as follows. 20MA (blue) > 60MA (green) = the candle > 5MA...
Hi, crypto traders. Last week, once the candle went up and broke 5MA and 20MA to the upper side. But after reaching 40,000USD, it started to go down and already broke 5MA and 20MA to the lower side again. The sequential order is as follows. 60MA (green) = 100MA (black) > 20MA (blue) > 5MA (red) > the candle. The trend is a strong downtrend now. If the candle...
Hi, crypto traders. Last week, the candle went down and broke 60MA to the lower side. After reaching 39,200USD, it bounced a little bit and keeps 40,000USD level. The sequential order is as follows. 20MA (blue) > 60MA (green) = 100MA (black) > 5MA (red) = the candle. Because MA lines are very close, it's difficult to predict the next move. But since the lowest...
Hi, crypto traders. Last week, once the candle broke 5MA to the lower side, but it didn't break 20MA and 60MA to the lower side and bounced. Now the candle keeps over 5MA and it seems the trend is uptrend. The sequential order is as follows. The candle > 5MA (red) > 100MA (black) > 20MA (blue) > 60MA (green). Because the gradient of 20MA and 60MA changed...
Hi, crypto traders. Last week, once the candle went down, but after reaching 37,600USD, the candle bounced and started to go up. The candle already broke 5MA, 20MA and 60MA to the upper side, and it looks the candle keeps above 5MA. Now the sequential order is as follows. 100MA (black) > the candle > 5MA (red) = 20MA (blue) = 60MA (green). Since MA lines are...
Hi, crypto traders. Last week, the candle suddenly went up and broke 5MA, 20MA and 60MA to the upper side. As I mentioned in the last article, it tried to break the highest price in 10th/Feb/2022: 45,800USD, but after reaching 45,400USD, it bounced and started to go down. The price already broke 5MA, 20MA and 60MA to the lower side again. Now the sequential...