BNB is making cup and handle and H&S position in 1D time frame. At the same time it is on lower trend line support. BNB will dump badly upon breakage of lower trend line and necklines of cup & handle and H&S pattern.
I see BTC in this move, what are your thoughts? BTC will get rejection from 22K zone and will dump up to 19500K in next few days.
As per my understanding, BTC is making a falling wedge in 1D time frame and holding strong support in 29K area. Previously #BTC made all-time high after taking support of 29K and I believe the breakage of the falling wedge will lead to all-time high for the BTC once again. An entry for long can be taken at 29K zone by keeping SL/liquidation below 25K and it will...
We are witnessed that BTC is continuously dumping. BTC has a demand Zone that needs to be filled and then we can see a bullish move in BTC. 1st demand zone of BTC was at 32800 which is almost filled and 2nd demand zone is at 30800. I believe BTC is not gonna go below 30K and will take a reverse from these areas. We can see a bullish move in the market during this week.
BTC is again making a bear flag in the 45M time frame. According to my understanding #BTC can fall up to 33K or 33500 and this area needs to hold the BTC. If BTC will not be held by the 33K zone then it will go up to 31K and will bounce back.
I think it's self-explanatory!!!! BTC is preparing a bear flag and descending triangle which is a bearish pattern and it can fall badly maybe.
#BTC is preparing a bear flag in 45M TF which can cause more breakdown of BTC. It's not financial advice but it is my opinion. You are welcome to share your opinion and let's do a healthy debate on it.
#BTC is running in the upper parallel channel in 1D time frame (short term time period) and in descending triangle in the long time period. BTC took a bounce from the lower trend line of the parallel channel and currently holding a lower trend line which is a good sign for short-term market reversal. #BTC can take rejection in coming days or weeks from upper...
#BTC made Hammer candle in 4H time frame which is an indication for market reversal. I am opening a long position with a low margin and leverage. My entry price will be 39200, Stop Loss, 38600 and Take profit will be 42800. Let me know your experience and oponion.
#BTC needs to hold 39K Zone area for stability and upwards movement. Losing 39K can bring BTC up to 35K area easily and holding 39K can bring the next level up to 41200. The opening of tomorrow's market will decide the next movement. !!!!
You can take entry in LUNA long with a low margin and leverage between 92.93 to 92.20 with a tight SL of 90.84. Your TP will be 95. If anyone takes an entry, please share your experience to trade at my analysis, Your opinion and feedback are welcomed.
#BTC needs to hold 39400 and we can take a position for long with low margin and low leverage. BTC is supposed to touch 41200 Zone in this scenario as it is raising from triangle mode in 30M time frame. Your opinions and cross comments are welcomed.
Alpha is at good entry point to take long-term profit. If #ALPHA crosses the 0.4160 and holds it then we can take an entry otherwise we can wait to re-test at the 0.3760 - 0.3780 area.
#BTC update As I mentioned yesterday that BTC needs to cross 42200 and hold it otherwise it can re-test at 40600 so it re-tested at 40800 by yesterday. Today on 21.04.2022, BTC is holding support of 41200 and 40800, and currently, it is ragging a kind of vertical wedge. Again I will say that #BTC needs to cross 42200 and need to hold it otherwise it can go...
#BTC is still running in an upper wedge in a 30 M time frame. BTC tried to break the 41800 zone but got rejected. We are still in bearish mode until BTC crosses 42200 and holds it properly. Breakage of lower trend line can bring BTC in 40K Zone again. Currently, 40600 is working as local support for BTC, and major support is still 40200, 39800 area.
BTC got good rejection from major resistance of 38500 and got good bounce back from there. Currently BTC is raging between 40500 and 41200 and brakage to lower side can bring BTC at retest level up to 39200 and breaking above can take it up to 42200.