Bitcoin has struggled to have a solid breakout past it's April 2021 ATH. Lack of momentum has been evident however this does not point to end of cycle. It rather seems BITSTAMP:BTCUSD needs several weeks of sideways price action with few downside wicks to shake off derivative investors and pick up steam to finally have a solid breakout past $70k. Weak monetary...
Another harsh day for crypto markets, but, the major sell-off seems to be over and we were finally supported by the long term channel. BTC is set to have a slow/consistent recovery which puts us back at $60k level in a couple of months. Long term trend is still bullish and we're set to go past $200k around Q1/Q2 2022. So just relax and STAY AWAY from...
In this chart we'll look at the log chart of BTCUSD. Due to the deflationary nature of Bitcoin and it's halving every 4 years, we experience a parabolic run. The exponential growth peaks about 12-18 months after the halving and pushed BTC price to the ceiling of the top channel. Right now we seem to be getting towards the end of correction and it's expected...
QuarkChain ( BINANCE:QKCBTC ) is now at an All-Time Low. High risk position to buy (Since there is no technical support below current price), but could lead to good gains if we break upwards out of the falling wedge. Entry: 61-62 Satoshi Stop Loss: 58 Satoshi TP1: 72 Satoshi TP2: 76 Satoshi
Finally we see ZIL reverse and bounce back from 62 sat and potentially forming ABCD pattern. TP1: 76 satoshi. SL: 59 satoshi.
Great opportunity ahead if wedge breaks upwards!
Very simple: ABCD pattern is shaping. Target is 0.00002246