MrHunterTradeInsight

MrHunterTradeInsight

After the downward extension that we see in this currency, the price faced a correction and the recent candles show the price of this currency falling, so it is suitable for short position.

MrHunterTradeInsight

With the formation of a lower ceiling in the price and the breaking of the support zone in the daily time frame and pullback, I expect the price to fall further to the bottom of the daily zone.

MrHunterTradeInsight

With the announcement of the inflation rate of 1.3% per month, which was higher than the experts' expectations, Dominance Tether reached its target in the previous analysis (please see the previous replays) and is currently completing the BAT harmonic pattern in the 4-hour time frame, which is the condition 8% resistance break and the end of its movement can be up...

MrHunterTradeInsight

Due to the weakened upward trend in the chart, we see a reversal by reaching the resistance, which is expected to see a price drop until the bottom of the support area.

MrHunterTradeInsight

After reaching the resistance, the price of this currency is settling down and has formed a range zone. It is expected that when the price falls below the range zone, we will see a drop in the price and the formation of a hard twin pattern, and the price drop will continue to the lower areas.

MrHunterTradeInsight

The price has managed to cross its ceiling and the resistance zone in the four-hour time frame with a strong audio momentum, but considering the weakness that can be seen in the price after breaking the resistance, this movement seems to be a fake failure and I expect that with If the price comes below the resistance zone, price correction will occur in this currency

MrHunterTradeInsight

Considering the double top pattern formed in this width and the failure of its support and pullback in the lower time frame, if the price falls further, I expect to reach the daily support floor.

MrHunterTradeInsight

The price of this currency has reached its resistance zone with the shortening of the upward steps, and it is currently weak, and seeing the reversal candlestick pattern, it is suitable for a short position.

MrHunterTradeInsight

After the upward rally of this currency compared to the market as a whole, we are currently experiencing weakness in the upward trend and the double lag of the recent upward step and the increase in the length of the corrective step, and as can be seen in the chart of this currency with the Bitcoin pair, the price cannot reach the midline of the channel and the...

MrHunterTradeInsight

By comparing the upward steps, we see the weakness in the trend and the strengthening of the downward steps, which led to the creation of a lower ceiling and floor, and now it has also broken its upward channel. In the case of pullback to the broken area and creating a setup, it is suitable for the short position.

MrHunterTradeInsight

In my opinion, the growth of Bitcoin yesterday was a bull trap and soon it will see prices even below 17,000 dollars

MrHunterTradeInsight

With the continuation of the upward trend in this currency, the movement steps have become weaker and against the higher ceilings, and with the failure of the zone in the lower time frame, we can expect the price to fall.

MrHunterTradeInsight

The upward trend line is lost and the selling pressure in the market is very high and the probability of this currency falling is very high

MrHunterTradeInsight

As expected, Bitcoin is completing the hypothetical triangle pattern and preparing for the next drop. In the past few days, with the closing of the markets and Bank Holiday yesterday in America, retail buyers, who are mainly day traders in my opinion, were able to increase the price by a few percent with a very small volume, but due to the small volume of...

MrHunterTradeInsight

Considering that the price is close to the resistance zone in the daily time frame and observing the weakness in the upward trend, we can expect the price to be rejected from the 0.86 area and corrected to around 0.7.

MrHunterTradeInsight

The price has been unable to reach its ceiling again in the cushion work and is currently losing its upward trend line. According to these points, the price is expected to fall to the previous floor.

MrHunterTradeInsight

The upward trend line has lost its position and is ready to fall, and due to the lower difficulties that have formed, the upward trend is expected to change to a downward trend.

MrHunterTradeInsight

As you can see, the price has reached its resistance in the 4-hour time frame and has had a strong rejection from that area, and it has covered the previous candles with a long candlestick. When the price comes below this candlestick, the price is expected to fall further.