If we look at the chart, we see that a long-term downtrend line is pushing the price down . But in the meantime, we see a support.The trend line and the support form a descending triangle Trading volume also confirms that it will be a downtrend.If this happens and the price goes down, the most important support will be in the range of 11.09 , But if buyers perform...
If you take a good look at the price chart, you will notice that the trading volume in ascending candlesticks is very small compared to descending candlesticks.This is one of the reasons why Bitcoin has entered a downturn.If the market pattern continues to move further, further price declines are more tolerable unless fundamental news comes to the rescue.In the...
A look at TRX daily chart shows that the long-term and medium-term trends are bullish.But the short-term trend is very confusing , The price candle on September 22, for example, was very promising, but the trading volume was small , As a result, buyers were unable to offset their losses on September 23 and a Dodge candle was formed.Today the situation has become...
Due to the formation of a descending flag pattern over a period of one week The probability of a descent is imminent.Supports and resistances are also shown in the chart above.
This is not a financial recommendation.
This is just a technical analysis.
Today, June 19, Bitcoin fell again following the declines of the past few days And even broke the 36100 support area but the cows got to work and took back the support area.The RSI is now above 30 And very good fundamental news dominates the market.So we conclude that Bitcoin can climb in the next few sessions.It should also be noted that according to the price...
Bitcoin after my technical analysis on May 28th The 37700 support was broken but in the following sessions the cows managed to retake the area once again But again, high sales pressure pushed the region out of cattle support.Bitcoin then came out of the short-term uptrend And the bears entered the market more powerfully than before, pushing bitcoin closer to the...
Venus has been trying to climb in the past few days, but market confusion has prevented prices from rising and caused the market to suffer in the last 3-4 days.Now in the chart above we have seen the emergence of a symmetrical triangle pattern The symmetrical triangle pattern is generally a continuous pattern But if a green candlestick closes above the top of the...
If you look at the chart above, you will notice the formation of a neutral channel This neutral channel is clearly visible in 1 and 4 hour timeframes.Closing a one-hour candle below the midline of the canal could pave the way for a descent to 0.84.Of course, we will most likely see a climb after this event.
This is just a technical analysis.
This is not a...
Over the past few days, Siaquin has broken a lot of support due to the bitcoin downturn And because of this, the price experienced a significant drop.Today, in the relevant chart, we see that Siaoin has formed a descending triangle pattern.As the price approaches the important support level of 0.014, it can be an immediate signal for sale If this support fails,...
Ethereum after the start of successive descents from May 12 Finally, in the previous sessions, it managed to break the downward trend.Now, twice after the price hits the resistance of 2900, we see the formation of a contraction triangle pattern If buyers can break the resistance of 2900, we can see a rise as much as the base of the triangle, ie the price can rise...
Theta Token experienced a significant drop after registering its highest price on April 16 After that, on April 25 and 26, the downtrend finally ended.After that, Theta managed to compensate some of the losses in future meetings, but after forming a fan lines Again we saw a terrible fall in prices.In the last few sessions, Theta Token managed to break the...
Bitcoin is moving closer to the psychological level of 30,000 after breaking the 37700 support.Upward shadows on candlesticks can be a reason for the decline.This is not a financial recommendation
Dodo succeeded in flooring at its lowest price of 1,090 after falling a lot in the previous sessions.Dodo then tries to make up for the loss Today, Dodo is trying to keep its daily candle above the resistance of 1.70 If this happens, Dodo can raise its price.On the ascending path after resistance 1.70, resistance is at 2.76, 3.42 and 3.61.
This is not a financial...
The ENJ experienced a significant decline on April 29 and 30 after the formation of the head and shoulder pattern After that, due to the fall of Bitcoin, it continued to decline.On May 27, red candles appeared again after failing to maintain the uptrend.There is 1.21 support in the downtrend, which if broken, the touch of 0.80 important support is not far from...
After the formation of the fan lines pattern, Ripple experienced a sudden collapse.Yesterday, Ripple broke the support level of 0.98.Today, if the daily candle closes below the support level of 0.89, touching the important support area of 0.66 will not be far from expectation.This is not a financial recommendation.
Bitcoin on the daily chart after yesterday's support break seems to be breaking another support.So touching the support near the 30,000 psychological level area is not unexpected.
