Bitcoin is in an uptrend channel and looks to be in correction phase back to the lower channel and heading to a major support (demand) zone at area 52K, which will be confirmed with a daily break below 60K.
BITCOIN is still bearish and the correction to the downside is not yet over.
It is in a descending channel and retested the upper level and heading to the lower channel,
and possibly forming a head and shoulders on the 4H timeframe with the neckline being at a strong major support (Demand zone) at level 60k-61k and a break below will confirm its fall to next...
Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.
BCH/USDT will probably go out of the banner shock!
🚀📈 Exciting News! 📉🚀
📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum.
But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹
💪 With the closest support around 225.04 (June 29,...
Technical Analysis and Outlook:
The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 9 - the price action hit our initial upside target of Mean Res 1.082 and beyond by completing our Inner Currency Rally 1.096. The unconfirmed pivotal down move is in progress, with the mark aimed to mean Sup 1.080. Trade...
Technical Analysis and Outlook:
The coin has invalidated our completed Inner Coin Dip 25800 and Mean Sup 25700. Doing so opened the down trading area envelope to Outer Coin Dip 23950. However, a reignited rally might take us to Mean Res 27300 and Mean Res 28250, respectively. Trade Selecter will closely monitor any updates and share any valid confirmation with...
We have a very strong supply area that the price has not penetrated before, and we also have a strong resistance area at the top, so we will prefer the downside trend, but we will wait for the flag to be broken and then retest it until the price rises to the supply or resistance area, then we enter our deal with little risk and with great profit
As i explained in my previous video i dont see where this move to the upside is in confluence with the volume of transaction , low volume mean price is just trying to find a liquidation level and now i think it has respected the POC level of 29K and now price facing huge resistance and we could see price move to 21K level
Thank you and please dont forget to...
Bitcoin fell in a waterfall under the influence of market pessimism and news. The K-line once broke below 20,000, and the lowest reached the position of 19569. In the case of catharsis of bearish sentiment, the bulls did not resist and fell all the way. At present, although the bears are showing signs of slowing down, they began to rebound under the structure of...
After leaving the yellow box, there is a possibility of moving up to the range of 22200 and then continuing the downward trend or continuing the downward trend until the level of 21400.
We'll have to check back when we get to the districts, but a lower number is still more likely
Bitcoin looks to find more upside action as the Ending Diagonal pattern begins to take form. A completon of this pattern solidifies the anticipated, sharp return towards $18K. $12K and below have been off the table for weeks now. Support near $18K would confirm this theory.
Based on the volume data and POC level we see huge spike of massive liquidation around 27k-25k at which the current price is slighting trading, we need to watch careful cause its in confluence with the weekly to h4 timeframe ,
Price is currently having a hard time to break the 25K and we see huge incoming spike in bearish volume, so we need to be careful and...
