According to Ichimoku, when both the lines of Kijunnsen and Tenkansen both turn upwards, if these two lines move in the same position in the next few candlesticks, this movement will create a tangent and the contact between the two will be very strong. And it creates a very strong candlestick and it probably breaks the trend line and reaches the resistance level...
According to the candlesticks, if live daily candle, which closes in the next hour, closes above the midline of yesterday's candel, the price will rise and attack the ceiling again tomorrow. in general, the market is still bullish
The question that is constantly asked in the last few days is why, despite the upward movement of bitcoins and the formation of new ceilings, important altcoins such as XRP, Doge Coin, Matic, EOS, etc. are moving upwards? This is because the bitcoin dominance is still bullish and this has left the rest of the currencies in a state of confusion. In the next few...
It occurred to me, now that the market is like this to tell you an educational point. When Kijunsen is flattened and Tenkansen wraps around it like a snake (that is, it goes up and down around it). Draw a rectangle like now and consider this top and bottom of the rectangle. The price moved from each side of this rectangle. Usually we will have a sharp movement in...
Due to the strong movement of Bitcoin and the overcoming of the heavy resistance of 53,000 as well as the pullback to local support, the probability of a price rise to the range of 60,000 is very high. But still, bulls traps cannot be ignored. These days you have to trade very carefully. In the event of a drop in bitcoin dominance and an increase in the price of...
As I said in previous posts, the uptrend can break the trend line and we expect the price to correct in the coming days and if the price corrects, the price could stay above the $ 48,800 line. In the coming days, we expect the uptrend to continue to around $ 60,000. The price is likely to rise to $ 60,000 due to breaking the trend line with a strong daily...
As I said in the previous post, the price continued to move upwards with great strength, and the daily candlestick closed with more than 70% of the candlestick body above the previous pivot. For the next move in the next few days, we expect the uptrend to continue to the trend line up to about $ 51,000, and if the trend line is broken, we can wait for higher...
According to the previous post, and considering the breaking of the cloud by the powerful 4-hour candlestick and pullback to the cloud, as well as the ascending lines of Kijunsen and Tenkanen, I must say that the upward trend of BNB prices continues, and we expect the price to $ 399 and in the next stages to reach $ 410 and $ 420
Continuing the previous post, I must add that due to the decline in bitcoin dominance and the upward trend of the price trend, the price of Altcoins is more likely to increase in the short term.
As we can see in the chart, the one-hour candle could break the trend line upwards, and also a pullback hit the downtrend line, considering all the above, we will have a price increase until we reach the long-term trend line , If the trend line breaks, we still have a higher ascent, and if it fails to break this line, it will descend again to the current trend line .