We still in the bear market , fundamentally with the Russian Ukrainian war, the recess in the markets, stock markets vs USD and the federal support , and also Technically we have a major down trend with increased volume which means the highest probability of more down trend, and with the time analysis we still didn't reach the next time interval in 8th of...
I think BTC will not break the level of 22,500 - 22,800 USDT, and will go down for a last time to the bottom around 23th of September, if it's still above the mentioned prices one week after this date, may be it's the end of Bear Market. let's see..
UPDATED: On my last chart there was short term pattern for going down, it happened now continuing the bear market for BTC. Next support level 18880 USDT, 1W close below this level could lead us to the next support level which is 17650 USDT. let's see. see the last chart below
Could the same pattern be repeated? up channel then breakout from the lower edge
Upon breaking the resistance it may be a change direction of the trend we could take short position with 3 TP
Using Gann trend analysis and support and resistance lines BTC may reach 40's within a weak, the we stand for break out to the uptrend break the time resistance
USING WEEKLY SUPPORT LINE, MA50 TREND BREAK UPTREND
Using Fib retracement and trend support and resistance levels and fundamental analysis
W still have an uptrend for ETH, with the trending channel , supports, resistance and targets showed on the chart
BTC still heading bear market, break the bottom border of the secondary up channel, now BTC on very strong support level, 2017 High around 20,000 USDT, if we break this level down we could see 11,000 - 13,000 USDT, as long as BTC price below the bold red trend line, we still in bear market. vertical lines are an important dates for BTC, may be the lows come in...
Based on fundamentals BTC may reach cycle end and its new all time high ATH by 2025
ETH didn't break the last bottom, so it still in positive trend, supports and resistance are shown in the chart.
On using the weekly resistance area from 1760-1764 , based on weekly daily and 4hrs time frame, gold still has a down trend, you could use only this idea when 4hrs candle doesn't break the resistance level, also divergence appears on the RSA14 which indicates more downtrend. invalidity: 4hrs candle breaks resistance line
USING FIB, TREND SUPPORT AND RESISTANT LINES SHOWING SHORT TERM TARGETS AND LOG TERM TARGETS AT 0.0193
Using Fib retracement, trend analysis and chart pattern on 1hr, 4hrs , showing that the same waves with the same pattern might be repeated, we have a support line holding up a double bottom then we need a bullish engulfing candle 4hrs, breakthrough the 0.618 fib to make the same pattern, within 36hrs ETH should be back above 2500
Weekly closing above 55k is necessary to pull the price up to 60's k and above, on daily basis you'll see the resistance and support and the major uptrend channel of btc.
Using price action and trend line, seeing the downtrend of pairs, this trend line was supported with the weekly resistance area and 4hrs resistance area and loss of momentum of the uptrend.