🎯 Key Support and Resistance Levels Resistance Zone: $100,000 is identified as a key resistance level. Support Zone: The $83,500–$86,000 range is a strong support area where the price recently showed a reaction. Additional Critical Levels: If the support fails, $76,000 and $72,000 could serve as potential re-entry points. 📊 Ichimoku Indicator & Technical...
Just a few minutes ago, I received a notification on the X platform about a few words posted by Elon Musk. I immediately went in and bought, and within three minutes, I made nearly 50% profit. Now, let’s see what this is and what can be done with it. It seems that after Elon Musk’s tweet, this token experienced a sharp pump. However, the overall chart trend shows...
Resistance and Support Levels: An area around $100,000 has been identified as a resistance level. The range of $83,500–$86,000 is viewed as a strong support zone, from which the price has recently bounced back. Ichimoku Indicator: The price has recently entered the Kumo cloud, indicating a highly volatile and uncertain zone. If the price stabilizes above the...
1. Overview of Price Trend The price appears to be recovering and moving upward after a prolonged bearish period. The recent movement has seen a sudden spike, which could indicate an influx of liquidity. 2. Ichimoku Indicator The price has crossed above the Kumo cloud, which is considered a positive signal. The Tenkan-sen and Kijun-sen have formed an upward...
Resistance and Support Zones: A key resistance level is observed around 85,800 - 86,000, which the price is currently testing. Strong support is identified in the 73,700 - 74,000 zone, which has previously triggered a price reversal. Indicators: Ichimoku: The price remains below the Kumo cloud, indicating a mid-term bearish trend. However, the Tenkan-sen and...
📌 Overall Trend Overview: ✅ The price has been in a long-term downtrend, but recent signs of a reversal are visible. ✅ The price has managed to bounce from a key support level (around 0.13) and is now forming new highs. ✅ Trading volume has increased in bullish candles, indicating buyer interest. ✅ The price has entered the Ichimoku Cloud but has not yet...
Recent Downtrend: The price has dropped from around $99,000 to approximately $86,000, indicating significant selling pressure. The Kijun-sen (red Ichimoku line) is trending downward, and the price is below the Kumo cloud, confirming a bearish trend. Ichimoku Cloud: The future cloud (Senko Span A and B) is wide and bearish, indicating strong resistance at higher...
Hello traders In the past few years, I have experienced many ups and downs in the market, but I can confidently say that the manipulation of the market was visible in these two days, which is sure that a large amount of money was liquidated, and probably not all can be blamed on the bears. This fall in this size and extent and the way of candle making and bear...
Hello traders Considering the strong drop last night and the almost strong return to the $18,200 area, we can hope that the downward trend is over for now. Due to the formation of a powerful area at $19,300, I expect that we will have resistance in this area and due to the conditions of the global recession, we will probably have a suffering market in the coming...
As you can see, the chart is going down towards the bottom of the channel. On the other hand, the Head and Shoulders pattern is formed. The next point is the strength of the four-hour candles, which are not able to fill the price, so the fall again is certain. Of course, if we also count the waves, we will reach the same conclusion that the C wave is forming
Usually, in rising markets, a series of extremely optimistic people suggest all buy positions, but we must not forget that there is always a correction. The next point is that the Bitcoin chart is still bearish and there is practically no way for the price to go up Finally, according to the indicators and the chart, I expect more losses for this currency. TP1 :...
As I expected the price has been returned to its major resistance range of $ 40,000, at this point considering the current candlestick position and being in the cloud as well as the RSI position I expect it to come out of the cloud with a powerful candlestick And we will have a price increase of at least 42,650, and if, incidentally, or rather, no other crime is...
Now it looks like the correction is over and Bitcoin is at the beginning of the next wave towards the resistance line at $ 45,800 Of course, it is possible that this correction will reach the edge of the cloud once again and then start to peak, but in general, the price trend is increasing. So I'm waiting for the following targets TP1 : 45800 TP2 : 48000 TP3 :...
Well, given Putin's criminal attack on Ukraine today, we experienced an unforeseen collapse. And given the return of prices from the trend line, Bitcoin again proved that it can be a safe currency. In any case, according to the indicators and chart conditions, we have basically no obstacles to price growth, but due to the special conditions that prevail in the...
I think this is a bull trap In my opinion, the price goes up to the level of the descending channel , but to raise the price after $ 50,000, you have to comment at that time , On the other hand, in the RSI chart, we see excessive sales, which in itself can increase prices but for now, in my opinion, this is end of the descending market Because the bottom of the...
We have finally reached a critical point, at this point if the trend crosses the line and leaves the channel and maintains this position in the daily time frame, soon the market will go above $ 52,000 and then to 62 and above. Stay tuned for new analysis Be profitable
According to the evidence, the market is in a state of suffering and fluctuates between 46,000 and 52,000 Good movement has started in one-hour candlesticks, followed by four-hour candlesticks If this time the candlestick comes out of the four-hour cloud with more than half of the candlestick's body, it is very likely that the downtrend is over. Wait for new updates
Given the candelabra position for the short term, we will definitely have an upward movement, but to cross the $ 52,000 mark, we still have to wait for the market signals to rise.