the6ylal

the6ylal Updated 

It seems clear that the Coinbase BUSD Fud and the high amounts of BTC activity in the markets will bring a decrease, although we consider the increase in the stablecoin entering the spot markets. It is possible that when we break this rising trend, a reaction rise around $21,500 will be like a dead cat. Will the $18,500 journey begin, or will we perform a...

the6ylal Updated 

We can see an uptick in reaction from where we are now. We reached both the downtrend from the 69K level and the fib 0.618 level.

the6ylal

Although we seem to be among the rising channels in many analyzes, I would like to bring an alternative perspective to the situation. Considering that we are in a falling channel structure divided into layers, we can see that BTC has been priced in a thin range that has served as a very critical region as both support and resistance areas in the recent past. The...

the6ylal Updated 

While there is a negative dissonance in the price and relative strength index correlation in the weekly period, the price seems to show where it wants to go, although we can't break down the giant ascending channel layers yet.

the6ylal Updated 

We have already broken rising trends and channels in a short time range. It seems to have strengthened the effect of MR.Powell's explanations in the fundemental analysis section in the fundemental analysis section, which we have been exposed to in recent weeks and the negative incompatibility of the daily period and the price of the daily period and the relative...

the6ylal Updated 

As you can see, we are in a confirmed two-layer ascending channel structure. We have already been rejected by the ma200/W. This decline brought with it the bear flag formation, which is a continuation / decline formation. As for the ascending channel breakout, it looks like it will show us a deeper bottom.

the6ylal Updated 

The 10 and 50 period exponential moving average intersection, which is one of the intersections that I take into account, has been confirmed. For this crossover to remain fake, we need to see a 1-day close above the 10-period exponential moving average at least. Considering that the market situation is not good in terms of fundamentals, I think that the decline...

the6ylal Updated 

There is a very serious negative divergence already present in the weekly timeframe. If it works, a possible catastrophic decline seems inevitable. If we fall to the target levels, I do not think that the support levels at the technical target can hold the price.

the6ylal Updated 

As it is known from the upper band of the channel we are in, the 200-week simple moving average and even a solid horizontal resistance area , we were rejected with the contribution of the deathcross realization and the negative discrepancy in the relative strength index and price correlation on the daily timeframe . The predicted decline and reaction rise areas...

the6ylal

If we look at the current situation, we are faced with an unexpected rise in the BTC table, considering both the USA inflation data, the global markets and the US Dollar Index. We've come to the resistance zone of an already rising channel, as if that wasn't enough, there is a weekly period death cross presence. In addition, there was a serious negative mismatch...

the6ylal

We see that we have reached the end of the ascending channel in Ethereum , and if this ascending channel is broken down, it seems inevitable that the price level of $775, which is just fib support, will come. We clearly observe the interaction of 3 separate support and resistance levels with the price. As long as the vitally important 3rd level is not broken...

the6ylal

As can be seen, when we examine the rejections associated with the 30-day exponential moving average in two separate channels, it is expected that the price moving in the falling channels will break the falling trend after the 4th phase. However, it is useful to be careful and not to enter a position without using stoploss, especially in margin transactions.

the6ylal

We see that we have reached the end of the ascending channel in Ethereum, and if this ascending channel is broken down, it seems inevitable that the price level of $775, which is just fib support, will come. We clearly observe the interaction of 3 separate support and resistance levels with the price. As long as the vitally important 3rd level is not broken...

the6ylal

There is currently an ascending channel and two different symmetrical triangle formations that we are in at the same time. Although the support zone and trend for the lower band seem to hold the price tight, if the fundamental data creates a selling pressure, the targets of the relevant formation formations seem clear. On the 4-hour timeframe, the 200-hour...

the6ylal

We are clearly in an adam & eve formation in the weekly timeframe. If there is a retest before the target of this pattern takes us as high as $12,000, we may see a relief rise again towards the $28-29K levels.

the6ylal

Even though we are already in a falling channel, we are about to complete the clearly ascending wedge formation. We are currently receiving rejection from the 200 hour exponential moving average and have tested the upper band of our ascending channel 4 times, the next test will probably be the lower band which has just been touched once. Considering the Stochastic...

the6ylal

Currently, a hidden negative mismatch exists in the correlation between the price and the relative strength index in the 4-hour timeframe. The fact that the price received a rejection response from the 200 hourly simple moving average affects our situation even more negatively. A simple ABCD setup and the values of the lower band of the channel we are currently in...

the6ylal

Unfortunately, the 50-hour Exponential Moving Average has received a Rejection response.