For me it's simple. Breaking this blue line means ... defending bull market and probable further grows and further uptrend. Retesting this blue line from bottom means, that we had only Bear Trap and we are in bear market. What do you think? INDEX:ETHUSD
#Bullish signals 1D downtrend line since NOV-21 broken high volume box from 21-JAN went up 3rd time local 4H uptrend since 14-MAR price closed and retested EMA100 on 1D correction range in 1D downtrend since NOV-21 broken price broke EMA200 on 1D ( on screen written "didn't" - it's mistake ) #Bearish signals I don't see for now. ...
Does this need any explanation? 1 bar == 1 week. Bitcoin touched EMA100 several times already after ATH. Price changes are getting smaller and smaller until ... big move ... in which direction?
#Fibonacci #channels between tops and bottoms in 2021 for #ETH + MA100 (blue line) + MA200 (red line) As simple as that. Do you see patterns? Any correlation?
#Fibonacci #channels between tops and bottoms in 2021 for #BTC + MA100 (blue line) + MA200 (red line) As simple as that. Do you see patterns? Any correlation?
Do we have Head and Shoulders formation? Is Bitcoin going toward $34k? Is Ethereum going toward $2300? I can't wait to see, what is going to be the result.
his is no investment suggestion nor recommendation. I expect #ETH to follow Bitcoin to come back to green #trendline and retest it around the level $2600 and then retest red correction range at the level around $2500.
This is no investment suggestion nor recommendation. I expect #BTC to come back to grey #downtrend line and retest it around the level $37k and retest red correction range from bottom.
Bullish signals: - Bitcoin follows blue local uptrend - Bitcoin passed through correction range (small red rectangle) from grey downtrend leading the price from November '21 - Bitcoin passed through big correction range (big red rectangle) from bessa-hossa correction There are currently no bearish signals. I expect the price to retest the price at the level $47k...
Bitcoin has difficulties to break the correction range (red rectangle) and turn into local uptrend. Until price closes below $40500 there is no way to say, that price trend changed to uptrend. Possible scenario: for 1-2 weeks investors will be kept scared; low fear and greed index; price oscillating between $30k - $40k until we reach grey downtrend line, that...
This is not investment recommendation. Possible scenario: for 2-3 weeks we will be scared; low fear and greed index; price oscillating between $30k - $40k. Then downtrend line will be retested ... and we will show if price goes further up.
This is no financial recommendation. Please bear it in mind. #BTC continues downtrend toward bear market and price $28k-$30k will be next support -> strong support. In my personal opinion, price will balance in range around $30k-$38k.
I twitted that #BTC is going to react soon ... and what happened? :-D
In my personal opinion, price will further balance in range around $38k-$44k for max 1 week. After that BTC most probably will go to price ~$52k-$56k, correct it and further go up to ~$74k. It may of course fall down to $35k for around 1 week to further scare small investors and if price closes on D1 interval below orange box ... we will continue downtrend toward...
My thoughts for #ETH prediction: #ETH is still far from green uptrend line. Market continues threatening small investors. Short term price can balance in range $3000-$3400. It can be pushed for short time to touch green trend line to price ~$2600 (range of global correction from hossa-bessa). Mid term price shall get back to $4200 and then to $5000, whereas it...
In my personal opinion, price will further balance in range around $38k-$44k for 1-2 weeks, where then BTC will go to price ~$52k-$56k, correct it and further go up to ~$74k. It may of course fall down to $35k to further scare small investors and if price closes on D1 interval below orange box ... we will continue downtrend toward bear market and price $28k-$30k...
This is no financial recommendation. Please bear it in mind. In my personal opinion, price will balance in range around $38k-$44k for 1-2 weeks, where then BTC will go to price ~$52k-$56k, correct it and further go up to ~$74k. It may of course fall down to $35k and if price closes on D1 interval below orange box ... we will continue downtrend toward bear market...
Analysis from Friday shows chance to further uptrend from now. Potential level is $57k and then $74k. However drop to around $35k to scare little investors is also possible to get back to aforementioned levels. Price has closed below MA55 on weekly basis --> that may mean going to BEAR market.