If this price(60800) level is broken, we will likely go much lower in my opinion. The current macroeconomic situation is quite bad with wars in the Middle East and ongoing inflation.
It appears that SOLANA has completed its wave 4 correction and is likely to proceed with wave 5, as indicated by Elliott Wave analysis. Assuming Bitcoin and other major players in the market do not disrupt the momentum, the current bullish trend is expected to continue. In my opinion, the target is to at least surpass the previous all-time high (ATH) and establish...
Consider taking profits from Bitcoin at this price and time. With Christmas approaching, the upward momentum is noticeably diminishing as it encounters this resistance level. In my opinion, there's a likelihood of retracement, potentially down to 34.4k over the next few weeks. However, I wouldn't recommend shorting Bitcoin. Happy holidays.
BTC start Ito processs path 1 ,mean price 216862.1136173811 path 2 ,mean price 15328.443509421788 path 3 ,mean price 210357.67501503337 path 4 ,mean price 1414049.284944566 path 5 ,mean price 88854.69291273721 path 6 ,mean price 55868.25543400021 path 7 ,mean price 402209.70770713885 path 8 ,mean price 16342.45895840993 path 9 ,mean price 297125.20908597426 path...
I use 2 different processes for simulation ,all parameters are based on historical price , keep in mind this is based on the assumption nothing will change.. and here is the result : tart Ito processs path 1 ,mean price 19.617421942750035 path 2 ,mean price 5.34105140554692 path 3 ,mean price 28.156416323459872 path 4 ,mean price 7.123895965240329 path 5 ,mean...
I use 2 different processes for simulation ,all parameters are based on historical price and here is the result : Ito process path 1 ,mean price 0.0037190770796023892 path 2 ,mean price 0.003490382594690365 path 3 ,mean price 0.002704972176294766 path 4 ,mean price 0.02345388792503155 path 5 ,mean price 0.004811303137504377 path 6 ,mean price...
I use 2 different processes for simulation ,all parameters are based on historical price and here is the result : Ito processs path 1 ,mean price 295. path 2 ,mean price 584. path 3 ,mean price 743. path 4 ,mean price 496. path 5 ,mean price 2831. path 6 ,mean price 237. path 7 ,mean price 4475. path 8 ,mean price 750. path 9 ,mean price 1039. path 10 ,mean...
I use 2 different processes for simulation ,all parameters are based on historical price and here is the result : Ito processs path 1 ,mean price 0.0630516995369509 path 2 ,mean price 0.06581193978819903 path 3 ,mean price 0.029319884989314093 path 4 ,mean price 0.031938715644554944 path 5 ,mean price 0.12840355750195434 path 6 ,mean price...
most of momentum indicators show BNB's momentum heading down to higher liquidity/demand zone below.
btc probably retest 24-25k range for higher liquidity . Past few weeks trading volume is so low and I don't think it can reach higher level within short time.
I am attempting to utilize a Wiener process through a random walk in order to estimate the price of Bitcoin for the next 5 years. The Wiener process formula involves a drifting coefficient, mu, and a random variable, sigma, to determine the change in price, denoted as delta of price. To calculate the trend coefficient, alpha, I analyzed the historical prices of...
btc 1d important support and resistance level, save to read later
with the current downtrend weakening, price is moving in a falling wedge and volatility keep reducing over time, mean sellers are no longer interested in selling , so it possibly there will a reversal in DOT. Obviously this does not imply we're starting the bull run or something like that , I just mean maybe price can move upward to some upper resistant levels..
looks like ADA is in accumulation phase but i think it still depends on BTC's trend.
This chart looks quite confused to me. There's an bear flag in an expanding triangle in a downtrend.. Maybe price will go down further if buying pressure is not enough to break the resistant level.
ETH and other coins just touch some key ponzinacci level, and the selling force seems to stop for a while. It doesn't mean people will stop selling in the future, no one knows. But if this level is held we probably have some other range for weeks or months. I'm no longer interested in predicting long-term trend over weeks or months since I think it's useless to...
look the way those simulated lines touch Gann speed fan and trend lines. The outcome of this simulation depends on the drift of BTC (trend) through times which is depends on your lookback configuration. different configurations generate different results. The red lines seems to be the best line that fits EW