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worldfactsi Updated 

Over the past few days, due to the news of the ETF's approval and implementation, Bitcoin entered an exciting phase that led to a price increase to the ceiling of the channel you are viewing. When the price reached the ceiling of the channel, a price correction was not out of the question, but this alone is not acceptable, because it has hit the ceiling of the...

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My long-term view of Bitcoin movements Without any further explanation, as the chart itself expresses the content... But note that this is a long-term chart

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What I imagine about the future trend of this altcoin is what you see in the picture. The weakness of the upward trend is quite evident. Pay attention to the number of hits to its upward trend line... So I expect a not too deep correction for this altcoin

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According to the Elliott waves, Bitcoin is currently correcting the ABC waves, the last wave is not completed yet, and based on the Fibonacci levels, the C wave can bring 22,250 corrections. On the one hand, in the weekly time frame RSI is below the positive zone for several weeks in a row, and on the other hand, the price conflict with the 200 mover and the...

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The picture is self-explanatory, so I don't see the need for additional explanations...

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STORJUSDT technical analysis based on Elliot waves. As you can see, this currency has completed all five waves in 4 hours and will probably enter the next three corrective waves soon.

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As I said before, the range of 24900 to 24270 is a very strong support zone because the demand is very high in these areas. This week we saw the price increase and it quickly returned. So you can understand the importance of this area. In my opinion, it is not possible to play with the aunt. If we want to cross it, we need a pile and a strong load volume,...

worldfactsi Updated 

🔻Maybe right maybe wrong! 🔸But in my opinion, as long as the price is below 31500, any bullish view is completely wrong. I think Beat made this jump to complete his lower ceiling than before and then a big drop is coming, but again that's just my personal opinion. This scenario is not exactly going to happen, but if you see such a pattern on the chart, rest...

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It looks like a head and shoulders pattern is forming. On the other hand, sma7 is cutting sma25, which is a clear sign of further decline. what do you think ?

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Watch out for the 0.3616 area, the possibility of a price reversal from this area is very strong

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With each hit to the ceiling of the downward channel, the price returns and also the weakness of the trend, including the decrease in volume, is observed, which indicates a deeper correction. 📉The downward slope of the Relative Resistance Index (RSI) is another sign that confirms the bearish trend

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It still maintains its upward channel, after the first hit to the ceiling of the price channel, and seems to have resumed a deep correction, but in the long term, it has an upward trend.

worldfactsi

It still maintains its upward channel, after the first hit to the ceiling of the price channel, and seems to have resumed a deep correction, but in the long term, it has an upward trend.

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The weakness of the trend is clearly visible and the main reason for this is the decrease in volume just below the resistance line, this is not a good sign. 🟢However, can we say that the upward trend is over and then we will enter the downward phase? Answer: No, because our trend is still bullish on the daily time frame To correctly answer whether we will bear...

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Bitcoin has started its uptrend on the daily chart, but let's not forget that the range of 25072 to 25250 is a no-trade zone, until it stabilizes above 25250, it is risky if you open a buy position below 25250. I think we may rest for a few days and then resume the process, but it will have to wait anyway For short position, consolidation below 23761 can be a safe point.

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Watch out for this range (20677-21647) which has become very important after the recent drop, any collision could lead to a price drop.

worldfactsi

Watch out for this range (20677-21647) which has become very important after the recent drop, any collision could lead to a price drop.

worldfactsi

Hitting the area (20677 - 21647) can expect a return Forget the idea of an uptrend for now, because the price will suffer in these ranges for at least a week after the recent sharp downtrend. ⛔Be careful friends