I believe RVN has the potential to initiate an upward trend, dependent on the c ontinuation of the bull market. RVN is a protocol based on a fork of the Bitcoin source code, with the addition of new features designed to allow entities to issue asset-backed tokens on its blockchain. However, this feature does not guarantee any price movement or a pump. Based on...
Another lower low is possible to occur! I have 3 reasons: 1- An important zone is broken. 2- Based on 2017 memory, It is possible for Bitcoin to come a bit lower. 3- A blue trend line is drawn, It is also possible to retouch the trend line. On the other hand it is also possible for Bitcoin to not act same as 2017 and It can form an accumulation phase.
Do your own research This is just an idea I think this is a worthy setup to risk on it Related to stop use right position sizing Good Luck and do your own research
Downtrend channel is transparent. Bitcoin might experience a bearish flag pattern What do you think?
Feels Like short! Might be early to open a short position But lets just pay attention
If daily candle closes above red circle, Can be a Long opportunity And If we see rejection there, Can be a short opportunity. Not a financial advise just my opinion
lets see how long bears can go :) For having more precise analysis, We need to check Total crypto market cap too. I'm using BTC/USDT Binance chart because i believe Binance is most effective crypto exchange. Okay let's go As you can see we have triple top pattern in Bitcoin and the neckline has been broken, Also we know that pattern like triple top usually happens...
Bitcoin is still in up channel and it needs to make a lowSo to make an another low, Bitcoin needs to retrace and right now(2/24/2021) BTC is experiencing a corrective wave.] Also Bitcoin is experiencing a bearish candle in weekly time frame. Based on fib retracements , Important support zones are: Zone 1: 45100 - 44500 Zone 2: 42230 - 41700 (chance to return...
Warning: This is only my idea. If you want to long zil/usdt based on my view, Do it with your risk management system. Ok before we start we need to know these: 1- Zilliqa Daily time frame is on impulsive wave. 2- Zilliqa weekly time frame is Bullish. 3- We are in the bullish season of crypto market. -As you can see we have a bullish flag in daily time frame and we...