KUCOIN:BOBUSDT is currently ranked #572 in market cap at 48.1M with a 24h trading volume of 15.5M (down 53% from 24 hours ago). It trades on the Ethereum ecosystem with most of its volume coming from KuCoin. It has clawed back to top of its trading range, which was recorded on May 06, 2023. Trading now at $0.00007047. It traded significantly down from said high...
BINANCE:BTCUSD A rising wedge pattern is a type of chart pattern that indicates a possible reversal of an uptrend. It consists of two converging trend lines that slope upward, forming a wedge shape. The pattern is completed when the price breaks below the lower trend line, signaling a bearish breakout. You can see from this 1 hour chart that it bounces off the...
Based on the 4 hour candles, I see BTC dropping to around 38000 support especially given the situation with China's Evergrande. If it defaults and all markets tank with it, I don't predict the overall market will dip and stay low for very long (asian market will though probably): especially with JPOW's announcement today and the SPY bounce. Once the US and...