Bitcoin RSI in rising trend again we can expect to rise it again
Bitcoin is falling again and again and making a same pattern so i would see it to fall below 55 thousands. If it falls below that there would be more correction for the bitcoin and all the other coins It can also rise from here... lets seee what happens
The price for bitcoin had fallen from 60 thousands. The buyers doesn't have enough volume to sustain the price above that level The resistance is at 61 thousand level. The next support for biticoin 55 thousands
By using the Fibonacci retracement levels the Bitcoin is between 59500 and 60500 we would see what happened in the future whether it will broke the resistance or broke the support level.
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Doge had broken the triangle to the downside but at an important support level, it should remain at this level to keep rising.
Eth had broken its rising trend, I had explained in the video what would be our next support levels for ethereum. What do you guys think? Will BTC remains Above 60K Dollar
Its currently testing all of the moving averages from which its chart can rise if it makes a pullback and rises above the resistance of moving averages.
Our next target for XRP is 2.4 Dollars which is after the breakout from the triangle. It break out from the traingle we can see if it remained above the support of the triangle the breakout will be confirmed.
Bitcoin has the support of 60 thousand, it can break down from this level, RSI is under bought.
ADA would break the resistance at 2.06 it and my first take profit would be 2.14 and second is 2.26
SHIB is making a triangle which can break down to the downside we can expect a short decrease in the price for SHIB in the 1 Hour chart but the SHIB can be totally don't follow the trend and rise because there is no breakout or breakdown wait for the break out to see what we can see in the future for SHIB.
Bitcoin had broken out from its resistance which it had fallen from 68000 level in the past but it has now broken out from its consolidation its currently testing the resistance in FIB retracement level you can see we need more volume to further increase in price.
Currently Doge is in the mid of three moving averages 10 50 100 it needs to break these moving average resistence with volume to let us see the rising trend in the Doge Coin we can expect a further rise in doge if the volume will increase
FIB retracement levels of Doge, its a long time for doge to increase
As you can see in the chart the price of SHIBA INU RIses only when there was a large volume in the coin but currently coin doesn't have the volume its continuously testing moving average and failing from that, it needs to break that with a volume than the next target we can set by using FIB retracement levels.
There is a breakdown from a triangle pattern as if it breaks down from the pattern we can see ethereum support at 100 moving average which is a very important support for ETH, If it fake its breakdown from this triangle we can see the above breakout for Eth and it can grow at a higher rate
Bitcoin is right at the FIB retracement level we can see it go above this level or it can go down so next 24 hours are very crucial for BTC keep an eye on your charts