Third-Eye-Power

Third-Eye-Power

The pullback to the broken channel ceiling appears to be completed with an attractive twin floor pattern. If the static resistance area (horizontal red line) is broken with strength, further targets will be readily available. The loss limit is specified in the analysis image. ps: DYOR

Third-Eye-Power

What can be more attractive for a trader or holder than buying at a price floor?! This opportunity is now available for ADA at a price limit of 28 cents. I will put the same number as Sop loss :)

Third-Eye-Power

The goodbye kiss that I predicted in my previous Bitcoin analysis () was fulfilled today with a pullback to the ceiling of the broken descending channel. There is also a valid static support in this area. According to the status of the indicators, the probability of forming a new upward movement from this area is very high. My personal stop loss will be activated...

Third-Eye-Power

It seems that it has reached the bottom of its long-term ascending channel. By observing the Stop loss, the specified target is active.

Third-Eye-Power

Important resistance has been broken, which has now become a valid support area. We will move towards the set goal by observing stop loss. Footnote: personal opinion

Third-Eye-Power

According to the recurring patterns and the status of the indicators, in the next few days, Bitcoin will do a goodbye kiss to $20,000 price range and then take off to conquer the first identified target. Note: Stop loss is mandatory.

Third-Eye-Power

The target predicted in the previous analysis(Refer to the previous analysis) was touched beautifully and now we are facing the resistance range of the channel roof and a static resistance. Considering the market conditions, crossing this area is not out of mind, in which case the next target indicated in the image will be activated, otherwise, the price...

Third-Eye-Power

As I predicted in the previous analysis and the first comment, a strong upward movement happened to break the downward channel, and after a pleasant growth, we are now witnessing a break and price correction. It should be noted that in this strong move, a strong static resistance was also broken, which has now become a valid support area in the $0.45 area....

Third-Eye-Power

Fortunately, the exit from the downward channel has taken place and the price compression in the resistance area is well underway. Considering the state of the indicators as well as the good news about the launch of DJED, a strong upward movement to reach the specified target is not far off. Stoploss is indicated in the image.

Third-Eye-Power

As I predicted(Refer to the previous analysis), the goal was beautifully touched. After a little rest and price correction, it will be ready to conquer the second goal. Support areas as well as Stoploss are marked in the image.

Third-Eye-Power Updated 

It has risen beautifully from the bottom of its three-year ascending channel, but it has engaged with resistance at the ceiling of its medium-term descending channel. It is noteworthy that near this resistance range, there is also a static support range, which can be encouraging. By observing the stop loss, the specified goal can be achieved.

Third-Eye-Power Updated 

So far, Bitcoin has done a great job and is on the verge of touching the second target predicted in the previous analysis by exiting the Ichi cloud. All the indicators are in the overbought area in the daily time frame, so we can expect the formation of a corrective movement to the broken resistance in the direction of rest and price stabilization. My recommended...

Third-Eye-Power

In trying to break out of the descending channel, it engages with the resistance range of the top of the channel, as well as the top of the Ichi cloud and a stubborn static resistance. The RSI indicator is in the overbought range. It can be maintained for the specified purpose, subject to the specified stop loss. If a corrective movement is formed, there is a...

Third-Eye-Power

Involved with an important resistance zone. A correction to the range of the Ichi cloud floor is predictable.

Third-Eye-Power

Involved with the middle resistance of the ascending channel and within the range of the ceiling of the descending channel. The status of the indicators indicates a corrective movement up to the range of $18,470 (the ceiling of the Ichi cloud). After the positive reaction to this range, the upward movement will continue until the specified price range. Footnote:...

Third-Eye-Power

If the bottom of the channel is maintained and the dynamic resistance is broken, it will have the ability to grow to the specified goals.

Third-Eye-Power

Bitcoin price is currently traversing an almost long-term descending channel (red channel). Until this channel is broken in the upward direction and the price stabilizes above it, we cannot expect a strong upward movement in the crypto market. We now have a nice support zone at $16,000 which can be encouraging. On the other hand, according to my analysis, the...