Hello. After a long time , i have a super prediction for you... Now BTC hit a new ATH , So this is due to breaking a diagonal channel and pullback to the upper line.(Yellow channel on the chart). In addition , if we take a look at USDT dominance chart we see a breakout of a longterm channel and a trendline.so it will be reach about 3.90% - 4%. In my opinion and...
Hello everyone. First of all I should say happy new year (Nowrooz) to all iranian people around the world specially iranian traders community. Im going to explain how will BTC behave in coming months according to Elliot wave principles. As you know wave analysis act better in higher timeframes like Weekly. So I want to take a look at BTC price action from Nov 2022...
Hello friends. Hope yore well. Lets take a quick look at Gold : 1.we approch a mid-term valid trendline and it can be considered as a pullback to this line. 2.as you can see price bounce from this trendline with a strong engulf candlestick. 3.a short-term trendline breaks too and we saw a pullback to it as well 4.Also we can see a Bullish Divergence in oversold...
Hello friends. Today im going to explain some features of the next big Ethereum Upgrade called "Dencun" Lets Deep into it. The crypto world eagerly awaits Ethereum’s groundbreaking Dencun Upgrade, a massive undertaking by Ethereum developers that promises to reshape the course of the Ethereum network. Set to be introduced as a hard fork in the coming years, this...
Hello Friends. Im back with a broad perspective on GOLD. According to happening these days in Middle East (Hamas Terrorists against Israeil war) there are a perfect catalyst for Gold to See Upper levels. Lets take a look at Multi timeframe charts: 1)Daily chart In 1D chart we can see a bearish trendline that price will see it again in coming days. Here is where...
Hi guys. Hope you have had perfect trades. In this idea i will share you some TA perspectives about Bitcoin Longterm reactions according to historical datas. As you can see each time the price reached the MA50 , made a trough below it and then come back above. Now we can se in Monthly chart that after price shaped a Bottom under MA50 , it tries to come back above...
Hi friends. Today im going to take a brief look at Bitcoin. According to New Cryptocurrency market Catalyst , I mean launching PayPal Stable coin , we can look at BTC chart Technically better. So lets take a look: 1.After reaching price to the Middle line of drawn channel , it failed to break it. so went approach lower channel line that overlapped with a strong...
Polygon, the most prominent Ethereum Layer 2 solution and one of the top cryptocurrency projects by market value, is launching its first zkEVM chain, independent of the main Polygon proof of stake chain. Furthermore, it plans to fundamentally change the architecture of the Polygon Network with the launch of Polygon 2.0. What Is Polygon 2.0? Polygon 2.0 is a...
Helllo friends, Hope you are all great Today im going to explain a little technically about BTC. So lets start... First of all lets check one important Resistance BTC struggling with. Acually its 30000 level , a psychological and sentimental resistance level. you see this level an why its important in chart below : secondly lets take a look at an important...
Hello friends. I saw a three top pattern in 1D chart and a bearish divergence included too. after the 3rd time price touch 2050 Resistance level , we can see in picture below , Buyers couldnt lead price upper and Sellers came in strongly. So , as you can see in Zoomed Chart , we have a Bearish Engulfing pattern there and in the main chart , we see a...
Hello Guys. Hope you have good times and great trades too! Today i'm going to explain why GOLD will fall to at least 1930 in coming days. First of all as you can see in my chart we see a strong Bearish Divergence Between RSI and price in Daily TF , that i show them with white lines. Next , We can see a Evening Star Pattern in this strong Resistance level(2050...
Hello friends. According to following reasons i personally go LONG for BTC/USD : 1 - Reach the Higher Timeframe Valid trendline. 2- shape an Bullish Engulfing pattern on this line. 3-Reach the 27000 support level. 4-Bullish divergence Between Price and RSI. 5-Long distance from 50 , 100 and 200 EMA So for these reasons i think we can go up till drawn trendline...
Hello guys. Hope you all have good time. Today im going to share you my opinion about BTC in 4H timeframe. As you can see in my chart the price consolidate around a strong longterm Trendline for about 10 days and wait for FED decision about Rate hikes and Inflation Data. I think the economic information are stable for now and Price action do the best thing! So...
Hello Traders I think the Gold price Stabilized under 1880 area and its time for more decreases. As you can see on my chart we Broke 1880 support Area with a Long Red Belt candle. and after pullback to this area now its time for a few crash. I thnik the Gold price decrease till area created by 38.2% Fibo Retracement of last long leg (yellow channel above) and a...
Hello friend. Today im going to explain about the latest happenings in polygon layer-2 blockchain. Lets see what will happen? When the Polygon PoS chain first launched it offered a much-needed solution for Ethereum’s scaling issues. It gave users and developers alike everything they love about Ethereum but with faster throughput and lower fees. Now, with tens of...
Hi Guys. Im in 1H timeframe and i think BTC price compressed between two line i drawn on my chart. Also we can see a weak Divergence between RSI and Price action too. This will lead the price to the lower line and despite there is a strong support line there , in 24000 the price will bouce back and go approch upper line. So we can take 2 trades here: 1- Now with...
Hi friends. I see about 4 hammers on a strength Trendline and i think price will go to the upper band i have shown on my chart. If the price surpass this 24000 resistance level after a pullback to this level , we will see a huge increase in BTC in coming days. Dont forget we are in a 4H time frame and this trendline is very important. In addition this hammers...
Hello guys lets take a look at ETH/USDT Chart in Daily timeframe. the price is struggling with 1260 level. according to the temporary Bullish sentiment in market i think price will surge to 1400 level. where we have a strong Trendline and 61.8% Retracement Level of last price LEG also a divergence seen between RSI and price recently that can improve this run. at...