Depending on the situation in the markets and the high inflation witnessed by the largest economy in the world, and with the Fed’s policy that depends on raising interest rates, and with other negative news, it is expected that the S&P500 will continue to drop by 20% and we may see new lows formed before the end of the year
We note that Bitcoin has reached a very important point, which is 29000, which is considered the last support for Bitcoin. If it closes below this level, we will go down to 16000, which is considered weak support with the possibility of an increase in interest rates from the Federal Reserve. We are waiting for a drop to 10000 levels. The markets are in a very...
For a while, I have seen Bitcoin moving just as the NASDAQ index moves here. I concluded that Bitcoin has become affected by external factors, including the financial statements of giant technology companies and also interest rates yesterday. Inflation was very large, which led to an almost similar movement between the NASDAQ and Bitcoin at the end of the day, it...
This is what the Nasdaq index looks like, and also for the possibility of it correcting at the area of breaking the neck of the letter m and then continuing the decline or completing the decline directly in light of the Fed’s preservation of keeping the interest rate as it is
We notice that btc is in an ascending range from its violent decline at the point 39650. From this point we draw the anchored vwap, and we notice that the price is always above the vwap range, and from it we conclude that there is a big future upward movement for btc
Bitcoin is still in a downtrend, but it touched the uptrend. We are only waiting for the volume to rise in order to decide to buy because it is a good buying zone. Now the bearish cycle is at its end. Now we are waiting for the volume and the beginning of the bullish cycle. This is an analysis of the monthly range.
As for me, I see that Bitcoin is in its last stages and is preparing to rise because if we look at the recent past, we notice that the price rebounds when it reaches the 50 level of the EMA indicator. We will notice strong support at that point. If the EMA 50 does not break, there is a great possibility of a strong rise. This is a weekly analysis that means The...
We have a descending channel that was broken on December 23, and now we are in a very crucial stage, the point of retesting the descending channel line, and from it if the support line 45589 is broken, we will see another drop for btc, or if it is not broken, we will witness a strong rise in the coming days
We note that the Nasdaq corrected up to 15000, which is equivalent to 61.8 percent of its decline, with touching the 15000 resistance line twice and then returning from it. This is the beginning of a sharp decline, we may reach 14000 levels
We notice that the price fell with a strong weekly selling candle, and from there we are waiting for the break of the support line 1.20655 in order to enter selling targeting the 1.19521 region
We are waiting for a break of the support area 133’20’5 with a strong candle, and from there we will enter selling targeting the area 132’12’0 as the first target and also 131’29’0 as the second target.
We note that the price of breaking the support line area 3857.25 and also successfully retesting it, as there is a difference between the price and MACD, and from it we support the theory of continuing the decline to lower prices
We notice that the price of gold has broken two areas of the support line 1765 and also the downtrend, and from it a re-test of the area that has become resistance and also the trend line, then continuing to descend to the level of 1690
We notice that the price of gold has broken two areas of the support line 1765 and also the downtrend, and from it a re-test of the area that has become resistance and also the trend line, then continuing to descend to the level of 1690
Gold is in an upward direction, now we notice a break of the resistance 1780.20, then a successful re-test, and from it the completion of the rise of gold to 1813 levels
We note that the price successfully broke the resistance 1, 20 15 6 and also successfully re-corrected, and from it we conclude that the price continues to rise to levels 1, 23 55 6
