Big squares (number two) and small squares (number 1) are similar and have the same pattern. Will the trend that was created in 2020 start again?
I think the Federal Reserve will increase the CPI again. We should wait for strange stories
Which one? red or black? This is my idea and not financial advice.
Which one? black or red? this is my idea and not financial advice.
This is my idea and not financial advise. comment your ideas about my analysis.
We have two gaps. The first is in the range of 18900 and the second is in the range of 9800. Depending on the market situation, there is a possibility that sales due to fear will see these ranges. But it is possible that the price will fluctuate a little in this range and move upwards to fill the high gaps. rsi is at the bottom in daily and weekly time, and...
The dominance index is going up Interest rates are also rising On the other hand, the Federal Reserve raises interest rates to reduce liquidity so that people are scared and take their money out of the market. In this case, the dollar index should increase and banks will become stronger.In addition, we have a gap of $ 24,000 and $ 18,000 in the Bitcoin CME...
Bitcoin alone has no power and is a function of sp 500 and dxy index. Whenever (like now) sp 500 falls, bitcoin also falls and when it rises, bitcoin also rises. We are currently in the worst market situation since 2002. Because the dxy chart crossed the 103 resistance in 2002. If this trend continues, things will get much worse. But given that Bitcoin is in the...
Usually when the fear and greed index reaches its lowest point, the market rises. But the most important point is the gap in the bitcoin cme chart that should be taken seriously. We have 19 thousand and 24 thousand empty gaps that need to be filled. According to the pattern that the chart has formed, there is a possibility of climbing to the range of $ 41,000, but...
If the dynamic green support is lost, bad conditions will occur. But if it is not lost, the market can pullback and climb to the range I have specified.
Given the pattern it has formed, I think this is likely to happen
If the chart goes out of the black box, the situation will be worse for the Altcoins, and given the pattern it has formed, it is likely that this will happen.
The pattern it has formed in the long term is similar to the pattern of crab, and if it does not descend from the bottom of the channel, it can reach higher targets.
Given the chart, which has hit the 1.28 Fibonacci level, it is likely that we will correct the $ 2.8 range. If the correction is not made, the chart could rise to the 1.68 Fibonacci level, which is the $ 3.8 range.
Bitcoin will fall to the limits I have specified, and given that the bitcoin dominance has risen, the altcoins will not be in a good position.
OMG is in good shape. If OMG do not break its dynamic long-term support line and Bitcoin stays in this range and does not fall, this currency can probably experience good growth.
KSM is in good shape. If Bitcoin stays in this range and does not fall, this currency can probably experience good growth.