Bitcoin's price is currently overbought locally. Yesterday, the price reacted with a decline of 4.9%. This was the first response, and now it’s important to hold the level of $62,700–$61,800. A breakdown below this level would signal a trend reversal to a downward trend with the first target being the imbalance zone at $52,500–$49,550, as marked on the chart. I...
My expectations from the previous post have materialized, and the price of Bitcoin has dropped again into the price imbalance zone below 53,500. My expectations for Bitcoin's price next week are as follows: due to negative economic news, the stock market will likely continue to decline for several more days starting on Monday. Since Bitcoin's price correlates with...
I expect the Bitcoin price to consolidate in the 53,600 - 49,000 zone, after the price is fixed in the zone, I expect to see a price increase and a high probability of breaking the maximum. If you look at the Online LTH Realized Profit 7D metric, you can see a similar seasonality of the market that was in 2021, in addition to the online metric, I conducted a...
My strategy is in the Bitcoin price correction phase after the euphoric bull run amid the adoption of Bitcoin ETFs. In a calm news environment on the stock market, I expect to see a rebound from the 0.382 level, in this area there is a GAP in prices and an imbalance in the same area. Given the tense situation in the economic space, I expect a breakout of 0.5 Fib level.
Dash has grown by 87% in 3 months - this is the first impulse, now the correction of the first wave, there are five of them (Elliott waves) before a deep correction. An asset with a 10-year history with ATH $1,608. When the news comes out it's too late, follow if you agree. The chart shows an example of the Elliott wave of the previous Dash Bullrun
A coin with a history we all know. My strategy shows that the coin has not bounced back to the first test level, which is what most memes are capable of
Most coins and blockchains in 2024 proved their strength after the bearish season. Today, the altseason has arrived for more than 80-85% of crypto assets. Litecoin is next in line for a bullrun.
I’m not saying that Halving will begin on April 8th, this is an assumption based on my findings. My forecast is this: Bitcoin is now a colossal success for ETFs, and now "MicroStrategy" has like-minded people, it is enough to single out one figure for everything to fall into place, "BlackRock", which is accumulating 82000 Bitcoins today and announces on the "CNBC"...
It is too early to succumb to emotions, since there are still many stops under the lows. Most likely, this is a short-term trap, but if the price goes out and fixes above the red zones, it will become a more bullish sign. When the minimum is updated, the fifth wave of the lower order will be placed, after which we can expect a rebound in order to close the gap.
Hello everyone, there is a positive reaction of purchases and also RSI on the key time frames of 12h and 6h, I expect the formation of a bullish divergence soon, the target is $27500 - $28300. Pullbacks are being actively redeemed, we can see this on the indicator of key volumes. As you can see, now buyers are defending their approaches to $25400, which is...
It has 2 levels from which I expect the development of the next big race to $ 43000 - $ 50000 per Bitcoin. From the support of 25200 - 25850 or 20200 - 20900, I expect support to be denouemented.
XRP is strong. According to the FibDiv strategy, we came to the buy zone, and we came to the buying level (0.59). Now is the accumulation phase, divergences are forming and sharp price rebounds are likely.
Bitcoin is in a slow downtrend, as low volatility has updated the record again. The market tends to take liquidity in this area (30300 - 30600), there are active sales in this zone. Globally, I expect a retest of levels (19500 - 21500), I will gain spot positions from these levels.
The rebound was a necessary measure of the market, as they came to an extreme level of overbought, this situation could be observed on intraday indices. A bearish divergence has formed, the downtrend continues. - The market will go down in steps. I expect a more interesting rebound from the level of 0.5, after which I expect a reversal to form from the level of...
For LTC, the start of halving, as usual, led to the weakness of buyers and the strength of bears. We have come to a global zone of interest, in this zone it is worth considering purchases. I expect a reaction from the 0.618 level. On smaller time frames, we should expect divergence signals in the form of a formation on the chart, this is what the market movement...
XRPUSD is in a downtrend trading phase. There is a high probability of coming to the 0.58 liquidity zone, according to the Fibonacci Divergence strategy. The formed local support level will break through, perhaps not on the first attempt.
Technical analysis on Litecoin shows a bullish trend, now the upward setup is starting to gain strength, I expect a stormy start next week. The price of LTC needs to close the imbalance at the level of 105$. On the histogram, the divergence confirms the Fibonacci setup.
Divergence on the RSI indicator. The histogram changed its cycle to bullish, we left the oversold zone, and the volume indicator shows the pressure of buyers. There is a possibility of a squeeze with the update of the loy and the same rapid upward price movement. Not financial advice.