MrHunterTradeInsight

MrHunterTradeInsight

In the weekly time frame, due to being confined in the fork channel, Bitcoin reacted again to the range of 19,000 to 20,000. The three-wave nature of the recent falling movement. But if this support is lost in the coming weeks, it can fall to the 12500 area to complete the 5th wave.

MrHunterTradeInsight

We are witnessing a very weak upward trend in the form of a rising wedge pattern in the lower time frames in Ethereum, and it seems to have a lot of potential to form a head and shoulder pattern, and the possibility of being rejected from the specified areas is very high, which will cause the entire market to fall.

MrHunterTradeInsight

By shortening the ascending legs and creating a floor lower than the last formed floor, if a lower ceiling is formed and a confirmation candle is issued, it is suitable for a short position.

MrHunterTradeInsight

The Nasdaq index (the average of American technology companies), which has recently had a movement correlation with Bitcoin and the crypto market, has weakened after breaking its static and dynamic resistance, and due to the fact that it seems to have broken the resistance, it has made a pullback, but the intensity of this pullback was high. and increases the...

MrHunterTradeInsight

According to the previous analysis, in spite of the release of negative data and less than the experts' predictions and the creation of negative fluctuations for hours in the dollar index, we did not have any particular fluctuations in the crypto and bitcoin market, and only due to the decrease in the dominance of bit, some altcoins had a significant growth. Due...

MrHunterTradeInsight

In the last week, we have seen a significant growth in the dollar index, which shows the desire of traders to liquidate and convert their assets into dollars, which will naturally cause selling pressure in risky markets such as crypto. With the opening of global markets today, we are witnessing the registration of a powerful candle and an attack on the previous...

MrHunterTradeInsight

After reaching the support area of 20800, Bitcoin is still suffering and completing within the time frame to continue the movement, which due to the higher time frames and the breaking of the ascending channel and more pressure from the sellers, this movement will be in the direction of falling, but until it is not filled within the time that is probably It will...

MrHunterTradeInsight

Solana's chart with Bitcoin pair is placed on the side channel, which exit from any side can increase the movement of this currency with Tether pair.

MrHunterTradeInsight

When the price reached the resistance area, the volume increased, but the price could not cross the resistance (in checking the volume, you should not pay attention to the color of the candlestick, because the time frames are only an indicator) and with the formation of the rising wedge pattern, you can wait for confirmation of the candlestick in the lower time...

MrHunterTradeInsight

As mentioned in the previous analysis, the first weekly falling candle is closing as it fills up in time, and the type of closing will be determined by tonight (which is unlikely to create a long run from the bottom due to the closure of the markets). If it closes in this way, the body will cover the previous three candles and create a strong bearish candlestick...

MrHunterTradeInsight

As expected, the falling wedge pattern acted in strong daily support and was able to reach the 7% resistance zone with strong momentum. Considering the strong trend formed and the pattern target, wait for a few days to break the resistance zone and move up to the 8% resistance.

MrHunterTradeInsight

Bitcoin Dominance has reached the ceiling of the descending channel again and is building a floor in the support area, with the breaking of the 41.5 level, the main fall in altcoins will begin.

MrHunterTradeInsight

As mentioned in the previous analysis, with the weakness in the rising trend and the shortening of the moving lags, the price was expected to fall more than its rise, which happened when it left the triangle and reached the support area of 20800. Currently, the price can be included in the ascending channel, the bottom of the channel has been broken, and with the...

MrHunterTradeInsight

When the price reaches the daily resistance zone, it forms a head and shoulder pattern, and in case of a pullback and confirmation of the entry trigger, a short position can be entered.

MrHunterTradeInsight

Shortening and reducing the slope of ascending logs and raising and increasing the slope of descending logs In case of a correction and the formation of a bearish candlestick pattern, a low-risk short stop can be created.

MrHunterTradeInsight

Bitcoin is still trying to break the resistance of 24300 and increase the volume in the upward trend and its decrease in the correction shows the continuation of the upward trend in the 4-hour time frame, and if it breaks the 24300 area with high volume, it can increase as much as the previous log up to around 25300 experience a price growth, the condition for...

MrHunterTradeInsight

According to the previous analysis, Bitcoin was able to resume an upward trend after the fake breakout from the bottom of the channel, and currently it has broken the resistance of 23600 with adequate strength and volume, which shows the increase in volume in the upward trend in this time frame, which indicates the possibility Most of the continuation of the...

MrHunterTradeInsight

Due to the creation of lower ceilings and strong descending candles, if the price can fall below the previous candle, we can expect a drop to lower levels.