Bull Trap on Bitcoin chart. Neural network recommends short position. Target $41k.
1) Bearish Volume Divergences 2) Bears pierced EMA (Exponential Moving Average) 3) Swing Trading Sell Signal 4) RSI crossed its SMA (Simple Moving Average) Conclusion: Bitcoin will dump. Target is on the red dotted line.
With the dramatically expanding creator economy, NFTs and Web3 are becoming the tools for giving artists and musicians more financial stability and control. The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of...
Death Cross (Trendlines - Resistance) on Bitcoin chart. AI recommends short position. Targets: $41k, $38k, $32k. Watch out for potential bounces from support trendlines!
USDT.D will break up its channel. Dominance sits on a set of support trendlines now. According to chart pattern rules (falling channel), target is the green circle. AI recommends long on USDT. (Short on Bitcoin.)
The Bank of England will launch a yearlong joint research project with MIT, which is already working with the Fed and Bank of Canada. The Bank of England announced Friday that it had reached an agreement with the Massachusetts Institute of Technology Media Lab Digital Currency Initiative, or DCI, on a joint twelve-month research project on Central Bank Digital...
Bearish Wedge pattern on Bitcoin chart. AI recommends short position. 1st Target $41k.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Entry: $41300 Take Profit: $49000 Stop Loss: $37000 If you would like to...
Fantom coin price has breached 2022 year's lowest level of $1.296; traders should wait for daily price closing. FTM coin's price is observing near the neckline of double top formation over the daily price chart. Fantom Coin price action is currently showing low-high formation. Thus the Fantom Coin is well below the red zone of the Ichimoku indicator on the daily...
This will be a quick simple analysis. When we go back and look at the previous bull runs highs and the bear market lows that follow, there seems to be a similarity in the percent that the market tends to correct. When looking at the chart you can see there's about an average 84% sell-off from new all-time highs. If this is the end of the bull market and we are in...
Let's keep an eye on these key S/R zones. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Do you believe we are now in a bear market? If so, Where are we heading to? This chart looks very dangerous to me and I hope everyone's developing a strategy to secure their bags in case we see a move to the lower 20ks or even the 10k-15k range. Anything is possible in this volatile market. I'm curious to hear the communities thoughts. Don't trade with what...
When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the...
📊 #LTCUSDT (Litecoin) 💹 Time Frame: Daily (Update) ➖➖➖➖➖➖➖➖ 🟡English: As you see Litecoin broke out the classic falling wedge pattern in the chart and is trying to hold above MA50. if LTC can close one daily candle above this Area then we will see more upward movement to meet the first resistance near 160$ then head forward to the strong resistance zone near 200$....
Daily chart shows that this currency is now in an important area. It may range some days but if it breaks the dynamic trend-line upward successfully it'll rise up to 43500 . The effects of other markets are undeniable so consider them in your analysis and trade.
The question of the hour: where do we go from here. Of course this is my VERY humble opinion and knowing the volatility of the digital assets market, I understand it could go either way in a split second. But....this is where I think we may be going. Peace.
Bitcoin, abbreviated BTC, is a digital currency or form of digital asset with a market value of about $ 668.21 billion, ranking No. 1 and accounting for 38.78% of the total market. Each unit of Bitcoin is currently traded at a price of $ 35,285, including the Tetra rate of 28,730 Tomans, equivalent to 1,013,743,945 Tomans, and its daily trading volume is $ 36.3...
Bitcoin had 2 massive head and shoulders patterns, with huge correction effects!, but the blue support zone deffended the price for more than 15 times! Will it hold for once more? If it hold we will have a huge bounce to the upside? If it breaks the SUPPORT the price Target is at 20k range!!... But never panic Sale! The bitcoin is here to stay longer than some...