COKE 4H support is at ~$0.28
Enter 50% at the current price
and try to set some buy orders near the support zone
If COKE holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
COKE 30m support is at ~$0.87
Enter 50% at the current price
and try to set some buy orders near the support zone
If COKE holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Hi followers. This is an analysis of Ripple in the intermediate-long term timeframe.
Basically, XRP follows the general trend of the crypto market, and right now it's in a clear downtrend since clearly head and shoulders pattern formed in August with 3 engulfing bearish bars. As of now, the price stagnates around the level of $0.24 which is a support 1 under...
ETH longs go through a nightmare with price sliding from 150 to 120 in a few days. As a result, in short term time-frame, the market was heavily oversold but in the daily chart, the price hasn't stabilized because the bull hasn't tried to stage a bounce after such steep fall.
Since peaking in mid-June, we can see the bearish trend on ETH chart is more or less...
Hi, guys, another bad day for cryptocurrencies, market cooling down fast and bitcoin is at critical support zone.
I know there's plenty of analysts out there still charting the bull case, like 'to the moon' or '100k for 2021'. Smashed by bear power, this kind of delusion should be eradicated out of your mind and traders should respect and follow the trend, not...
Hi, guys, another eventless week begins as Bitcoin price continue its sideway downtrend.
Price prospect looks gloomy in 4H chart, slowly drifting down to $7,000, no buying or selling movement emerging, a sign that the bear market aggravates.
Technical pictures indicate even bleaker at the moment. $7,000 may sit as resistance because in the thousands integer...
After a spike to $7800, Bitcoin recedes to consolidate around $7300 - 7400 level, which also coincides with the Pivot point and heaviest trading volume range.
As the price shows no major movement during the daytime with subdued volume. Most likely, Bitcoin would continue zig-zag for some time then decide its direction. The next movement would be an intermediate...
Bitcoin technical picture looks very way too oversold at the moment with RSI in 4H chart dropping below 20 again and forming a divergence, indicating significant overselling. On the surface, the price debacle is said to be associated with the recent government crackdown on cryptocurrencies in China.
horizontal support 1: 6250
horizontal support 2: 5600
On the...
As we can see in the daily chart, the bearish rectangle has formed over the past two months. Today the price breaks down the low trendline of the rectangle, thereby confirming that the bearish consolidation phase is over, and the bearish downtrend has resumed.
On the technical side, the RSI has been an accurate indicator of market strength. Over the past two...
HI, guys, another gloomy day for cryptos.
market continue the sliding torture, repeating pattern of last week. Bitcoin drop to 8000, which clearly is a key resistance level. ETH suffer less but show no vigor in the chart as well.
In the weekly chart, it looks like ETH is slowly sliding to the range between 160-165, which acts as a key supporting trendline in the...
Throughout the years cryptos rise and bust, high volatility is the inherent attribute of crypto. Most price movement is driven by speculations from different types of investors. Among all cryptos, the tether USDT has been the most special crypto. Basically, it's the equivalent of US dollar, the main application of which is to act as USD to perform fiat function...
The overall altcoin market is considerably weak. it's still in the aftermath of the great speculation lunacy. More worrying is that the technical picture appear there's no hope for the market cap to reverse in the near term .
Bitcoin price cautiously moved down for the last week, with several tenuous rallies in the process. Price broke down the pivot support level at $8600 USD today.
The overall crypto market is still very weak. Until seeing a major break out above the downtrend line with strong volume, it's safe to assume bitcoin still has room to go down. The downward structure...
During 2017 altcoins mania led by ETH, Bitcoin market cap dropped to 35% because speculators poured in fanatically buying altcoins or shitcoins, thereby pushing high market share of altcoin. Many of those coins disappeared in the subsequent bear market over 2018. The whole crypto market has staged a rebound since April 2019, and this time the huge upswing was led...
Market is down as bull failed to recover from weak consolidation between 9200 and 9600. Since market decides to go down to test major short-term support around 8700, curren price at 8900 should be a intermediate stop on the down path.
On chart, Bitcoin failed to break out bearish trendline even though news from China sounds very exciting.
I would say the chart of BTC/USD clearly indicate the major support is around 9000, where the bull start a major rally after the slump in mid-March. The most crucial resistance is 11000$, because it's a triple technical confluence level.
1) it's the middle point of the slump this month
2) the rally afterward stops at 11000 , also a horizental resistance
3) ...
![BTCUSD: [BitCoke] price slump below $9000, a clear sign of weakness](https://s3.tradingview.com/e/E64Wj4gz_mid.png "[BitCoke] price slump below $9000, a clear sign of weakness")
