Price Broke the 1st SZ( Support Zone) If the price breaks the 2nd SZ we might see Price heading towards 3SZ 3SZ is very close to the Psychological number of 4000 Failing to hold this might lead to 3600 zone We think that buyers should start coming in quickly after we break 4000 Also, they might start accumulating if the price falls more Keep an eye on SZ4...
Price is trading near to long term support area We see price is in a downtrend channel And at a lower boundary A pull back is possible around 0.70400 area before it continue trending down
Same corrective patterns A next leg higher will come soon
A short term sell - targeting the low of 67.50 a possible buy can also happen with 1:1 RR Lets see
Strong believe in this defi protocal The first one and the strongest one i am pretty positive that price will break ATH this year
Expecting price to double this year the target will be 6 and eventually 8K it can go a lot higher. let see
Let's see what price can do in 6 to 8 months Once price breaks the.40 barrier again
Alt coin season will come hoping this to break all time high
1. Around 52 it acts as a 50% fibo level 2. RSI is already showing divergence however price can dip to 52 area and then a push higher to 60 area 3. We already see higher volumes which can be a sign of accumulation
Price is ready for spike up as price action indicates divergence Price can dip to grab liquidity 108 level and can move back up 1.volumes are keeping low which is also one reason of price decline , wait for a breakout with higher volume
In the last 2 months, we saw price getting heavily manipulated by the whales, in my last blog , I have mentioned BTC won’t drop below 30K level and even if it does it will not stay there for long Let’s look at those 5 days where price dipped below or near 30K area and then retraced back up – forced panic selling and people got rekt Candle 1 19 May 2021 Where...
Price broke the uptrend line price is printing corrective price action Waiting for sell opportunity at the swing area indiacted
-Waiting for the break of the small uptrend line and a break of the swing area - Sell if price prints the price action show by the arrow line - 4 Hr trend down - 15 Min trend confirms downtrend then sell
Two possibilities 1. Price breaks higher and follow the green path 2. Price falls back and into 50% to 61.8% pull back zone zone and then breaks above ( Blue line) In both scenarios we are expecting some bullish action and confirmation will come if price breaks corrective zone
Awaiting price to drop the key area and we will see from there