- Vechain price reversal is likely as it approaches the range low at $0.0596. - The partnership with ReSea Project helps prevent a million kilos of plastic polluting oceans. - if Trend goes and stays below $0.055 bullish scenario will be invalidated!
Downward channel short term looking intact
This is just the beginning for ADA
What's gonna happen if XRP is awaken? I'm not a fan but technical says a huge pump might happen soon.
the trend retracement has been done!
Is chain link due for a short term correction?
Per technical analysis, the faster it goes up the harder it will go down.
See where's your emotion at.
We are below a strong fib level and a falling wedge line. breaking these two resistance is like killing two birds with one rock. if we manage to break this level and stay above 12.2k, I will call a moonshot to 16k. but if we get rejected, we might be visiting the crypto abyss.
This is only my opinion and speculations, I'm not a financial adviser, trade at your own risk. market is still unpredictable and it could always go either ways. That being said, after assessing the macro trend, I've notice that we are on a major fib level. market movers are yet to decide until we cross 14k in my opinion. 12k-14k is very crucial area. It's where...
If you long your positions at 9xxx area you won’t have any problems. 9.1k was the bedrock, we re-tested it twice hence forming a double bottom. we also broke out from the descending triangle which strengthen the bullish confluence. 3 targets has been cleared, 9720, 10k, 10200. I closed my shorts and entered at 9770 and still in long position right now, I hope...
As of now, we are inside of a descending triangle pattern, tentative breakout either up or down. per technical analysis, 62% bearish 38% bullish. as you can see, 0.382 fib is halting bitcoin. double bottom has been formed. 0.5 fib has been tested twice. keep your eye on 8900, it is where the 100 ema sits. potential bounce may happen on that area. happy and safe trading.
It seems bulls trying to break it. There are three things that halting bitcoin to the upside as of now; The 200 ema,the falling wedge pattern, and a fib level. If rejected. down side target will still be 8,500 Moreover, A breakout from this position can trigger all stop losses hence a quick rally up to 12,000
lower low from bitcoin looks like something visiting 8k area. Another 15 - 20% or so to the downside, an easy entry and opportunity for traders who took profit from 11k relief rally or so. congratulation for the people who patiently waited for this huge leg down!
lower low from bitcoin looks like something visiting 8k area. Another 15 - 20% or so to the downside, an easy entry and opportunity for traders who took profit from 11k relief rally or so. congratulation for the people who patiently waited for this huge leg down!
Bitcoin is facing another Tentative reversal! careful guys!