


HNT broke out above both the 4H & Daily resistances long ago. And is continuously trending higher. Currently the 1H EMA band is green above 4H & 1D green bands.
IOTA broke out long ago above the 4H & Daily resistances. Now it is retesting the 4H EMA wave band lows. Both the RSI & MACD have bottomed.
KEEP broke out above the 4H & Daily resistances. Currently the 4H EMA band is green.
While the market is pretty much bearish across all timeframes, another way to look at it; considering market volatility in the Super Trend indicator, BTC could have pretty much bottomed here as long as it doesn't close a 4H candle below the 47k level. Keep in mind, historically 47k is a strong level across the daily and weekly time frames too.
1) Double Bottom at 45.6k 2) Successful breakout from the 200D SMA 3) Successful breakout from the 50W SMA 4) Successful breakout of the downtrend at 48k. A retest may follow that needs to be successful to maintain the trend strength. 5) Next major resistance is 50k-52k
1) Across all time frames, we can see clearly LH & LL (lower highs and lower lows) 2) 200D SMA 47k became resistance and 50W SMA 47.6k became resistance too. 3) 45k the current support is repeatedly being tested after losing 47k Conclusion: 1) Expect high volatility today and tomorrow before weekly candle close. 2) If 45k breaks then 42k is next.
Today BTC retested the 50W SMA successfully and bounced off it. BTC next target is 49.2k from here at the 0.702 FIB level. This is a very difficult target to overtake. Expect a rejection from first attempt. If BTC loses the 0.236 FIB level at 46.8k the move upwards gets invalidated, as it would be breaching the 200D SMA.
Both supports for those who want to day trade are: 1) 50W SMA 2) 200D SMA As per FIB R Levels, BTC could be testing 48.7k tops before another correction. Of course if the supports above get violated, they'll become resistances again, and very likely BTC will retest the 45k then if this doesn't hold, it'd take us to 42k.
On a LTF, BTC is in a very narrow rectangle between 46k and 47k. A break of either side will determine the direction of the day. The sad news is that the 200D SMA & 50W SMA became resistances. Let’s see if December is gonna be a long Halloween or not.
1) BURGER been retesting the bottom for eight times so far on the 1H Candle. 2) BULL MA bottomed with the upper range for breakout between $3.3 to $3.5 Entry $3 Exit $3.6
The market is very bearish... BTC couldn't close a daily candle above 52k and got rejected twice. This means Bitcoin might go down to 47k, and if this doesn't hold then to 42k. Expect volatility until we bounce off either 47k or 42k on a weekly close successfully.
To those trading ANKR, Historically ANKR tops at the 80 level on the daily RSI. So we have much room to go up from here… inshallah.
ANKR is forming a bullish flag pattern on the 15 min chart. If it doesn’t break down by BTC hiccup, next leg is $0.14 inshallah.
BTC isn’t showing any strength: 1) BTC closed below both the 21W EMA & 20W SMA 2) Death Star on the weekly chart is now showing across BTC charts, TMC1, TMC2 & TMC3 charts. 3) BTC is held above by the 200D SMA & 50W SMA Personally, I don’t see signs of Alts Season either. Very much a replay of May 19th dip where we will consolidate for few months… however this...
1) Triple bottom for ANKR on the 1H chart 2) Bullish divergence on the 1H RSI 3) ANKR remained above the 50W SMA
As per Ichimoku Cloud: 1) Entry is at 1.82 2) SL at 1.7 3) Target 2.17 Keep an eye on the RSI Support for adjusted SL
1) BTC has been rejected three times today at $49,750. 2) The support for both the 200D SMA & 50W SMA is $46,400, which BTC bounced off twice yesterday following the dip. In other words, we are confined within this range for now. Let's see where BTC closes its weekly candle tonight.
Bitcoin broke all the Fib levels in the past few hours breaching the 0.382 level drawn from 2021 Q2 high to Q low. This for me marks the end of its bull run this cycle. In this chart above, the FIB level is drawn from BTC ATH to today's bloodbath low. Assuming that the bottom is in: 1) BTC broke the 21W EMA, 20W SMA, 200D SMA and currently hovering above the 50W...