Most likely, after the short-term trend line is broken, the price will reach around $ 60,000, then a pullback will hit the top of the trend around $ 63,000, and then we will see a price correction to $ 48,000. In the next few days, we will have a neutral trend so that what happens next will happen. After this neutral trend, price correction will begin. Note that...
According to the analysis in Ichimoku, if the price trend can reach below $ 61,000 in the next 16 hours, we can say with certainty that the price correction has started, but if the price moves upwards again and rejects $ 64,900, then we will be at a high level. And we'll probably go $ 90,000. But according to the current analysis, I think the price is more likely...
Based on Elliott's weekly chart and wave count pattern, as well as Fibo on waves 3 and 4, we can see that there is still the potential to touch $ 63,000. Of course, there is another important point that in the daily candlesticks during the last two days, the descending candlesticks have not been strong enough to neutralize the 6th day candlesticks. This means...
As I said before, we have reached $ 63,000, at this point due to the declining bitcoin dominance and most likely the range market for bitcoin today and tomorrow, we will have all the altcoins pumped in these two days, if Bitcoin was able to break the previous ceiling, buy immediately because we will probably have to say hello to $ 90,000
With this tangent created in Kijunsen and Tenkansen, Bitcoin will be very bullish and will go up to a very important resistance of $ 60,000. In the next stage, if it can break this resistance with force, $ 63,000 and new ceilings can be expected. It currently makes sense for the short-term first target to be $ 60,000
Given the divergence, we should have at least a drop to the edge of the cloud, and we have a local support in the designated area, and it should have fallen at least to this area. I think bitcoin correction has started and it will drop to about $ 53,000
As you can see, the tenkansen is bent down, and the candlesticks are moving upwards. In most cases, this is the first sign of a price drop, and eventually the next 3 candlesticks will begin to fall. We will drops to 53000 support line. If we lose the support line of 53,000, we will see a further drop to 48,000, and if we support the price range between $ 53,000...
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 .