We have little to no support below these levels, we just pumped through them without spending much time, considering the traditional markets will probably be in a turmoil for about a year or so, expect bitcoin to drop as low as 8k! I do see a falling wedge, but we broke through too many support levels, we need a bounce now or it is over! Greetings from Dia
BTC dominance is reaching a high according to previous highs. Once BTC dominance reverses Alts will do the opposite!
Bitcoin cows are trying not to sell their bitcoins to new people at a low average price and this is very bad, everyone has the right to have bitcoins. Press them to sell...
A small move, The downward trend continues... Once established in this area, we should be ready to test 28,400.
Those who sell sooner will lose less Just sell it sooner, tether dominance is scary...
We have a descending triangle that is a bearish pattern. If this plays out we could see QNT at $48-$49. It would make sense if QNT plays out on a drop in price thus respecting this descending triangle pattern and we drop to the previous low, this would give us a double bottom and a healthy position for a rebound.
Dear Friends! On BTCUSDT we can see that for couple of times already the price could not anymore touch the top of the channel it was trading in. This means that the supply is increasing and demand is decreasing and this is forming a descending triangle pattern on chart. The demand will eventually be depleted at the 28600 resistance therefore we can expect the...
The price is creating a descending channel on the 4 timeframes and now the market is getting the liquidity from the daily demand. At 0.5 $ the price has a resistance. How we can approach it? If the price is going to have a breakout from the descending channel and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice...
i think we have a Descending Parallel Pattern wich can show us the way so i wish it continue the path.
We seem to have a descending triangle and it's time to fall...
BINANCE:LUNAUSD As we can see on the 4-hour timestamp $LUNA, there is a descending triangle. We can see that LUNA is weakening. Notes: I am still learning and most of my ideas are remarks. If you have any advice to improve my analysis next time, leave a comment. NFA
SPOT SIGNAL: (only buy on spot due to some fundamental problems of bitcoin) Entry 1: 0.205 (30% Investment) Entry 2: 0.1883 (30% Investment) Entry 3: 0.164 (40% Investment) NO STOP LOSS (don't sell your funds in loss in spot) TARGETS: 0.32 (15% Profit Taking) 0.445 (20% Profit Taking) 0.59 (30% Profit taking) 0.8 (20% Profit taking) NEW ALLTIME HIGH (15% Profit)
The price had a breakout from the descending channel and got a rejection from the weekly resistance on the 1.19$. On the 4h timeframe the price is creating a descending channel on the 0.786 Fibonacci level below the monthly resistance. How to approach? The price needs to have a breakout from the channel and monthly resistance, and flip it into new support. ...
Hey Traders, As you can see on the Daily Chart of Litecoin, The descending resistance line was short-lived as support and came below it again, now we have to see what will happen next. Based on this other fractal, I have a sneaking suspicion that we could go up to 170 in a month. (The fractal is based on Litecoin in 2019-20.) Safe Trading -Pulkanator
The price is creating an ascending channel on the daily timeframe below the weekly resistance after the price got liquidity as I told you in my previous idea on 0.886 Fibonacci level On 4h timeframe, the price is creating a descending channel and now the market is testing the 20$ resistance How to approach? the price needs to have a clear breakout from these...
The price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$) On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it. How to approach? The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's...
Balrampur broke out of descending channel with good volumes. Could be bought with mentioned stoploss & targets.
Lower lows and higher lows, staying between the descending channel levels. Can play long or wait for breakout of the descending channel at top for entry.