In this width, we see that the resistance is broken in 4 hours, the set and the candle are closed for 4 hours above the resistance.
Due to the failure of the resistance in the time form, 4 hours after the pullback to the broken area, it is waiting for the top purchase in this supply.
[Since the price has reached a strong resistance in the daily time and 4 hours, which has been supported in the past, I expect this currency to fall to the range of $ 7.
✍🏻 This position from the point of view of Andrews's fork ✌️
Due to the inability of the price to break the resistance level and be rejected, the price is expected to continue to fall.
Due to the strong downtrend in higher time frames and price correction in the form of an ascending channel, I am waiting for a correction and short position in this currency.
Due to the failure of the daily support and pullback to the broken level, I expect an upward move to double the price and sell the sale on the currency line.
Bitcoin lost 29,000 support in a weekly timeframe and faced heavy selling pressure, driven by the announcement of the highest inflation rate in the last 40 years in the United States, which not only caused the crypto market to fall, but also the stock market to fall. Given this market reaction before the Fed meeting to announce an interest rate increase of 0.5 or...
Due to the structure formed in the higher time frame and the formation of the double-top pattern, I expect this currency to fall further
Due to the failure of the trendline in the 4-hour timeframe and the pullback to it and the creation of an ascending triangle pattern in the 1-hour timeframe, the price of this currency is likely to fall.
Due to the declining situation of the market and bitcoin, with the failure of this supportive position, I will be selling in this currency.
Given the selling pressure seen in this currency and the head and shoulders pattern that can be seen in higher timeframes, it is likely that this price support is currently engaged with it, and with the loss of this support A good profit can be made from this SHORT POSITION
In the ETHEREUM , due to the loss of key support at the price of $ 1700, WE are waiting for the pullback to reach the broken level. Entered the shorts position
Due to the approach of the price of this currency to the daily time frame resistance, if we see a weakness in the price trend, we will be ready to sell the position.
Due to the loss of dynamic support, if static support is also lost, the price can fall more sharply.
The price is on strong support If this support is lamb there is a high probability of loss and there is a large reward for the sale transaction
According to the situation of this currency in the daily time frame, in case of a fall, a good profit can be made from this currency and it is more likely to fall than bitcoin. It is not far-fetched to expect this currency to have a history like Luna
In this market, it is not bad to have a skeleton on Bitcoin