Bitcoin analysis is trying to break a support level that we had just above 16800 and last analysis I said it could go up to 17200.Discussion meeting was scheduled on 5th of January which if the discussion meeting is positive then we can definitely see a little bit above the 17200 level for some time and if not then we can re-consolidate at the same place.
Today has been a good day for the bounce trend that I suggested yesterday. Given the current state of affairs, Im aware that the market may continue to consolidate for a few hours. If this is the case, we may experience a little more bounce—from 16.7k to 16.85k—or, alternatively, 16.4k will serve as support.
It currently trades around 16.5k local support. We can anticipate a rebound for BTC if it maintains this support, but only if we receive significant volume; let's observe how the market responds. In the event of a breakdown, we will continue to decline down to the 15.5k level. Because of the RSI and the creation of a new candle within the BB indicators, Im 70%...
BTC get strong confirmation ..bcz its create inverse head & shoulder pattern , that means uptreand but BTC was accumulate & its hit triple top . for this reason BTC will be bullish till 18k to 19.5k.
The Gravestone, as previously mentioned, has a very long upper shadow, and the body is at the very bottom of the candlestick, indicating that the open, close, and low prices are all the same.As a result, the pattern is an inverse T shape.Although ideal gravestones are uncommon, the close and open should be very close to one another, if not at the same level....
Any trader can quickly identify a Dragonfly from the chart because it is a T-shaped pattern.Its lower shadow is extremely long, whereas the open, close, and high tend to be at the same level.The primary requirement for ideal dragonflies is for the open and close to be extremely close to one another. However, ideal dragonflies are extremely rare.Additionally, the...
In uptrends, the Tweezer Top formation is regarded as a bearish reversal pattern, whereas in downtrends, the Tweezer Bottom formation is regarded as a bullish reversal pattern.
NEAR still trading near the horizontal support.if NEAR able to break the support line ,then we can visit $1.6 otherwise upper resistance will be between $1.78 to $1.82
I believe that the technical analysis and most recent minor fundamental news render ETH bearish overall.We are going short since I accept the market creators will bring down the pair.
Recently, bitcoin took major areas of strength for an action, however it couldn't break the opposition at 17.4k.Prices should fall as long as bitcoin cannot close above 16.9k for at least one hour.If bulls are unable to demonstrate good price action there, I believe bitcoin will test the 16600 support once more. There is a high probability that bulls will break...
The price formed a "triangle" pattern by falling from support to resistance in an upward price channel.The price cannot fall below 0.3871 because the bull market has a strong liquidity zone below that level.Breaking resistance and the emergence of bullish momentum are my expectations for the foreseeable future.The resistance level of 0.45000 is the closest target...
As long as bitcoin does not close above 17200 for at least one hour, we should see lower prices.Bitcoin will, in my opinion, test the 16600 support.There is a high probability
The price broke through the channel's lower border, but it didn't go through the MAs that were shown.The downtrend will continue if the lower limit of the channel is retested.It was shown how much backing and obstruction there was.
Due to his volatility, MATIC is one of my favorite coins.Price is still fluctuating within the 4-hour supply range at this time.MACD isn't clear, RSI is purchased and EMAs are bullish .If the price breaks out of this supply zone, I would expect it to reach the next three hours' supply, which is around $0.96, where we would wait for confirmation before anticipating a fall.
The price of ETH reached my established target of 1291-1311 in the 2H timeframe , but there is no indication of its future direction.I'll notify you when it receives confirmation. previous chart. :::::::
It's going according to plan.However, don't be misled because BTC is in the oversold zone on a daily basis. previous chart. :::::
#SOL/ USDT Scenario for 1D :::: In the past week, SOL's trend was quite a range.The price is still trading within the temporarily broken support zone.Solana was considered to have resistance last week in the range of $13.95 to $14.5, but buyers did not attempt to break this resistance.As a result, Solana will be one of the vulnerable currencies in the event of a...
Reviewing Bitcoin over the course of four hours reveals that the price reacted to the first level of my institutional support, preventing further price decline.On the chart, I listed the possible outcomes! Now, we must decide whether this level of $ 16.9k can propel the price up to the first resistance level of $ 17.5k or whether we must wait for support at $...