Katsumi-Nohara

Katsumi-Nohara

The AVAX price is currently below the 20-day and 50-day Exponential Moving Averages (EMA) (magenta and orange lines), indicating a short-term bearish trend. Market sentiment remains pessimistic, negatively impacting demand. The 4-hour analysis suggests that AVAX may struggle to break through the upper resistance level, which is also evident on the daily chart. I...

Katsumi-Nohara

This morning, I dove into the BTC chart to see how well Wyckoff's theory applies. And honestly? I was blown away. I’m not saying this will happen, but the $102,000 level is absolutely critical for Bitcoin to break through. If it doesn’t? Well, let’s just say things could get... messy. The chart is today’s daily chart. The upper section is untouched, but I’ve...