We are now again at levels where we don't have much points from the past to rely on. What do we know: - in 2017 BTC on Binance touched 19784 - on 30th November 2020 reached 19885, pull back (daily close was green) and then again test this price again (19888) on December the 1st with close at 18755 Price around 19.800 was tested 3 times, which means resistance in...
On 4h chart ETH tested base line (maroon) which acted as resistance, but got rejected. Strong support on 0.29984 sats. Another strong support on 30 min timframe at 0.030623 If ETH break 0.031029 it will be testing resistance at 0.033389 (possible risky trade for 7,4% profit)
XLM showing signs of an uptrend. On 30 minutes chart, there are some bullish signals, now we are waiting that those signals also confirms on hourly chart. If blue line crosses maroon line and if candles break through the cloud, then we can expect 1000 sats in a couple of days. The yellow rectangle represents kumo cloud on 4h chart. If todays price closes around...
Bearish sentiment on smaller timeframes, on daily timeframe we are still bullish. Based on 4h ichimoku cloud, price will be in following days approx. between 18048 and 18600. If BTC break 18600, next resistance is at 18766 First bullish signal will be if Tenkan Sen (blue line) crosses Kijun Sen (maroon line), however I would wait until price raises above green...
I'm observing theta. formatting cup and handle pattern. if the candle breaks resisntance- buy
XLM sitting on crucial support. if fails, we will see further downtrend.
Possible start of the new recession, both stock market and gold dropped. If gold will behave as the last time, we could expect bounce back within a year.
Yellow resistance is what we are searching for. Trendlines are known, now we hope for some hype to touch the resistance, and comfirm it as support.