Be ready for correction and decrease in the price of Bitcoin. Inability to break through the channel ceiling. Existence of negative divergence. Hitting a strong resistance level
This currency pair can be considered as the origin of the movement of altcoins after the movement of Bitcoin. According to this chart, it can be seen that the price in this currency pair is being compressed and there are few buy orders and in such cases the price tends to go down.
If you leave the yellow box, it is possible to climb up to the specified lines, and the three final goals are also specified. Everything depends on the king. Bitcoin. Please write your opinion about my idea. Thank you
There is a late retest where ada will start to climb after touching it and continue until the Como cloud switch. Of course, there are reforms ahead.I would be happy to know your opinions, my dear friends
It seems that the downward trend is over and we are preparing to change the trend. The price target of this currency is the cloud switch point.
After reaching the top of the channel, the dominance trend of Tether has changed and is moving towards the bottom of the channel. It seems that with the decline of this trend, Bitcoin has gained its strength and stabilized its upward trend. It all depends on Tether's dominance trend hitting the midline of its channel.