Upon analyzing the four-day timeframe, it is apparent that Ribbon Finance's token price has undergone a significant decline. Despite this, the protocol appears to have promising potential, leading to the possibility of a favorable long position while DeFi investments are currently out of favor with investors. However, it is essential to note that there are some...
Looking to enter a long trade when the price of Bitcoin reaches the level of $24,842, which I believe is a level of strong resistance. The price I expect to push even lower after reaching this level, until it encounters more resistance on the volume range profile. Additionally, the Tom DeMark Sequential indicator also signals resistance in this area, which further...
This chart provides an analysis of the PEPE token trading against Ethereum (ETH) on the four-hour timeframe. The chart aims to identify potential retracements and support levels using the Fibonacci tool, with a specific focus on the 0.618 Fibonacci level. At first glance, the chart displays the price action of PEPE against ETH, with each candlestick representing...
Using a logarithmic chart BTC is cheap. A great one for long timeframes.
Is this another sign that bitcoin has bottomed? This should at least reduce some of the selling that is happening.
Well the death cross has happened, are we going to have a bottom in place?
Looking to see if we get a dip before resuming the uptrend.
Well, it looks like we have further down to go. Here are some new ideas as we look for the bottom.
Another view that may support the push to all-time highs.
Probably will hit $24.4 maybe we get all-time highs? Let's see where this goes.
Still waiting for all the bearishness to play out. Here are a couple of targets to watch.
I'm looking at the bigger picture to see if I can find some possible bottoms to Bitcoin's price. Hopefully, we are pretty close to the bottom but I also put in some other ideas if the trendline fails to hold.
Just some simple support analysis to see where things are at.