#bitcoin #btc is now testing the former support zone , now the resistance zone. This is the bearish retest of 52K or bounce to 62K? Ascending channel is bearish but the short term structure is neutral. Neither strong nor weak.
TOTAL1 #cryptocurrencies total market cap chart. (Inc. #btc #bitcoin #eth #sol #bnb #xrp #doge and all #altcoins) Some dead cat bounces are necessary, but overall weakness is playing out with continuation. Former support zone is now turned into a strong resistance zone (Orange box).Declination will be sour. Not financial advice.
In my previous ideas, i highlighted that #silver #xagusd has need to retest and success to confirm the rally. Orange box is the retest zone and must not be lost.
#bitcoin #btc has lost the falling channel support and now hanging below. Former trend support is now resistance. #btcusd price may test the orange box. This is also the bearish retest. Declination will cause dump to continue. Not financial advice.
A probable strategy for corrections and impulsive moves of #bitcoin #btc in 2024. Not financial advice.
#btc #bitcoin dominance is like a bow. Falling wedge will likely play out as a hard pump of #BTCD index. I don't mean price of #btc or #usdt pump, but #bitcoin will more likely to overperform #altcoins Not financial advice.
#eth / #btc pair has lost the trend line support with this month's dump and now trying to reclaim the bull triangle. Claiming the trend will be favorable for #ethereum but this is also a bearish retest. If #ethbtc price declines hard here, this will be greatly unfavorable. Not financial advice.
Orange box is the support zone of bearish channel. When i compare to other major #altcoin charts, #eth #ethereum chart is a little bit more stronger than the other #cryptocurrencies. But, i do not say it's bullish or bearish, just a comparision. Not financial advice.
A very nice chart of #bnb #binance coin for the tutorial of Bart Head Pattern aiming orange box. Crushing 700 #usd is invalidation. Not financial advice.
#Matic price is in long period falling channel. #polygon tested the top of channel but declined hard and bearish continuation occured after bear patterns. Now price may have a relief rally by hitting the orange box but i say MAY BE. In mid term (several months) period, #MATICUSD price expected to visit 1/2 #usd zone or channel low. Not financial advice.
#gold #xauusd chart has bearish patterns in STF and weakened. Expecting more sales. Not financial advice.
#bitcoin price is declined hard from the top of the falling channel and 66600 #usd (getting more interesting) resistance zone. Now, #btc has weakened structure in short term. Chart formed bearish head and shoulder pattern. I expect bearish continuation with choppy moves , dead cat bounces etc. The target may the bottom of the channel 57 - 58K zone. Also there' s...
#solusd price is now testing the trendline. if #sol price breaks up this zone, this will be bullish. And this zone is the bearish restest zone for #solana . Not financial advice.
#tether dominance chart is now on the ichimoku cloud support. Breaking this support will move #usdt dom. to lower orange box (Retest zone).This move will be good for #bitcoin #eth #sol #bnb #doge and all #altcoins . If #usdtdom bounces here and continues rally, #btc and all #altcoins will suffer. Not financial advice.
#bitcoin price now testing the 1D ichimoku cloud resistance and also newly claimed 4H cloud. With 59K dip, #btc surged a bullish inverted head and shoulder pattern and bounced well. Now, upper orange box is the deadly resistance zone. Why? Because, #btcusd formed a wedge for 2 months, price breakdown the triangle and now hanging below the triangle. If ...
#bitcoin #btc minor retracements are necessary for short term. Not financial advice.
#bitcoin #btc must break this daily ichimoku cloud permanently, then i can say about the correction' s end but not yet. Not financial advice.
Can't figure out this bounce as a start of megabull, rocket etc. #bitcoin #btc is now hanging in ascending channel and declination from this channel may trigger #btcusd price to take liquidations around 58 - 60K. It's a probability. Invalidation: If BTC reclaims 71K. Not financial advice.