knox_365

knox_365

Every cryptocurrency trader is aware that the DXY market and the cryptocurrency market are inseparable. This chart has repeatedly accepted the 50EMA as support while following a trend line for quite some time. If the market somehow crosses the 50EMA and descends, past chart analysis indicates that we will definitely see a significant amount of dump. We regard...

knox_365

In the last four hours, Bitcoin has formed a falling wedge channel. Additionally, our current resistance level is approximately 23300. We will definitely see an uptrend if the one-day candle or the four-hour candle close above 23,300. However, another thing that you can see is that the RSI indicator always tries to go up when it is above the yellow line. At the...

knox_365

You can see that the Bat_token is going to reach its highest resistance level for the seventh time. Additionally, despite the fact that Bitcoin is hovering around 24k at the moment, we do not observe any indication of a downtrend in the Bat_token. Despite the fact that we traded a lot on this coin, Now, the most crucial aspect is that this chart of Bat_Token...

knox_365

The kava coin is positioned within a descending channel within the four-hour time frame. And if you take a look you will see that it is trying to break out the descending channel for the seventh time since last January 18th. It is currently positioned within support which is approximately 0.97. If the counter is able to breakout within this four hour time frame...

knox_365

BTC broke down below the support trendline and according to the analysis, $22.5k is expected.I will wait for the daily and weekly closes as I place my orders close to the support line. In order for BTC to move higher, it needs to maintain support at $22.5k; however, if it does not, the next support line is $21.4k. BTC

knox_365

ETHUSDT is currently in an accumulation phase below the weekly resistance level of 17000 dollars, indicating that the price may be consolidating before moving. It's possible that traders are waiting for a price breakout above the resistance, which could indicate that the uptrend will continue and that a new high will be confirmed. According to Plancton's strategy,...

knox_365

Our long setup is between 21.6K and 22.2 k, and our short setup is between 25K and 25.7 K, as the Fed's announcement is imminent. I expect to see a buying trend for the next 4H time frame, possibly 1D.

knox_365

The RSI indicator, which indicates an uptrend but no price pump in comparison to earlier, indicates that Bitcoin's weekly candlestick pattern is bearish. As a result, Bitcoin prices must cause RSI to dump and then pump. In contrast, the 13 indicators exhibit a high selling option in the monthly time frame and a neutral pattern in the weekly time frame.

knox_365

Ethereum remains in a particular channel, as seen in the one-day time frame. However, despite pumping BTC, they are unable to monitor its movement. If we look at the other indicators, we must say that all are in the 2H TF strong sell zone. Therefore, my current level of support falls somewhere between 1560 and 1530. Within this level, we can purchase ETH(DYOR).

knox_365

Four attempts have been made to break through Bitcoin's support level of 23.4K. But it continues to fail. Now that it has 50 DAY moving AVG support, Bitcoin is attempting to break the level of 23.4K once more. If we are unable to break out for the fifth time, our support level of 22.4K is definitely visible.

knox_365

According to the most recent update, the price of bitcoin successfully followed the 23.4k resistance level, but it was unable to maintain that level and was rejected. In my opinion, bitcoin does not currently have sufficient power to initiate new bullish trends, so I anticipate that it will either accumulate or attempt to break the 22.8k general trend line.

knox_365

Ethereum is consolidating in a particular channel, but now that the channel's bottom has been touched, it may initially reach the 1648 level. In contrast, the RSI indicator has found support at the 63 level; if it holds, 50 will serve as our support. The primary support level for ETH will be between 1530 and 1500.

knox_365

In the chart, you can see that Bitcoin has been trying to stay the same or within a certain range for the past few days. Additionally, it has been attempting to touch the 23.4k level multiple times in a span of four hours. Another factor is that the market is constantly liquidating long and short positions, so Bitcoin is not following the technical analysis. Based...

knox_365

It was formed as a descendant channel. Okay, goes up.However, due to the low vol,price will once more be touchable on support level.

knox_365

It was predicted in my analysis that either a head and shoulders pattern or a break of its trend line will occur. I am currently hoping that we will see a good breakout, as my initial analysis was correct. Given the current state of Bitcoin, it is only natural that it is attempting to break, but a common resistance level of 16.972k is accumulating. In this...

knox_365

In the most recent technical analysis, the RSI indicator indicated two overbought conditions, indicating a downtrend. which perfectly coincides. In addition, I stated that the market cannot be pumped unless it accumulates within certain ranges. The RSI indicator causes MATIC to dump rather than pump while it is following me. Based on the following issue, I...

knox_365

If you pay close attention, you will notice that Bitcoin has failed three times to breach the support level. We will definitely see a good break if this trend line can break once. Otherwise, a head-and-shoulder pattern may emerge here. If this occurs, our general support will undoubtedly remain at 17.6k for some time.

knox_365

The RSI is already overbought and is attempting to overbought for the second time in a row; if that happens, we are at the bottom within a week at most, so I think it will settle in the 0.81 to 0.80 range before we see some progress. In the previous analysis of MATIC, I stated that after hitting 0.8, it could come down to a low of 0.76. However, it hit 0.77 and...