Bitcoin was unable to break the resistance zone again in the second attempt. Should we wait for another price drop? But the move this time has a difference from the previous move. This time it has moved towards resistance with a stronger candle and demand. Be careful of your short positions.
Bitcoin has entered a Rising Wedge in the daily chart. It can be a good buying opportunity if approved and supported on the specified floor. But in case of losing the specified support, Bitcoin can see prices below $ 35,000. This is a personal analysis and idea and has an educational aspect and is not a buy signal. Remember that the greatest analysts around the...
If Bitcoin can not pass the resistance of 42200, it can fall to the bottom of the channel and to the price of 35500 according to the following pattern. This analysis is only my personal opinion and has no certainty.
In the daily chart, it is clear that the price has entered a correction phase after breaking the long-term uptrend and re-testing the broken surface. Currently, if the price fails to maintain the significant support of $ 12.860, which the price has reacted to several times in this area, the price can fall to the bottom of the specified downtrend. This analysis is...
If we look at bitcoin in a weekly time frame and in a long-term view, we see that the price, after breaking the uptrend line, rushed to the broken area again but failed to break the line and entered a corrective phase. Now, if the price can get out of the yellow channel, we can say that it is out of the correction phase, otherwise the price may go down to 200...
Ethereum is trying to break the $ 2,800 resistance. If it can cross this resistance, and stabilize above it, it will exit the downtrend. The next resistance is $ 3,000.
Bitcoin is in a relatively good uptrend after coming out of its downtrend. The most important resistance in confirming the uptrend is indicated in the chart. If it stabilizes above this resistance, the uptrend will undoubtedly start.
After a very good 5-day uptrend and due to the negative divergence in the chart and RSI , the possibility of a correction trend will not be far away.
BTC is located in the hourly time frame within an Elliott triangle. If it follows the pattern predicted, it can excite us all.
Creating a positive divergence in the daily chart and forming a promising uptrend is a price increase.
TRX is silently rising slowly in a gentle uptrend channel. In case of failure of the resistance ahead, higher goals will not be far from expectation.
Watch this diamond next week according to the legendary Elliott Waves Please follow me and share your comments with me.
Pay attention to the closed candles at the intersection of the trend lines. Isn't this a doge smile for you?
According to the previous analysis, btc touched the first target well. If it can stabilize the price above the trend line or the red support line, it will see higher peaks.
BTC is recovering after a good response to strong support. Wait for it to excite you.