Bitcoin technical analysis update (Weekly Chart) Bitcoin's weekly RSI falling from the last 2 years, In December 2020 weekly RSI touched 95 overbought levels, at the time BTC was trading at $42000 after that RSI started falling. In the above chart, you can see Bitcoin 2 year-long Weekly RSI breakout above its trend resistance line, this is a good bullish sign for...
The Pi Cycle just triggered the Bitcoin bottom. This is the 3rd time in the history of the bitcoin Pi cycle has shown the bottom signal, this indicator accurately predicted the Bitcoin bottom in 2015 and 2018. if this indicator works for the third time then we are at the bottom of the bitcoin bear cycle. Thanks Hexa
Bitcoin weekly RSI showing the bottom of Bitcoin. Thanks Hexa
ATOMUSDT Technical analysis update ATOM price multiple times bounced from its major support zone at $8.5 l, and multiple times the price touched the trend resistance line. This time, the price is poised to break its resistance trend line and we can expect a good up move. Buy zone : Below $11.60 Stop loss : $10.30 Regards Hexa
ALTUSDT Technical analysis update ALT price recently surpassed its previous all-time high (ATH) and is currently trading above both the 100 and 200 exponential moving averages (EMAs) on the 1-hour chart. Buy zone : Below $0.475 Stop loss : $0.430 Hexa Thanks
ONEUSDT technical analysis update ONEUSDT price exceeded the upper trendline of its parallel channel on the day chart, formed over the past 600 days. While this could indicate a potential breakout. we can expect a 100-200% move in midterm Buy level: Above $0.0189 Stop loss : $0.0150 Regards Hexa
JTOUSDT Technical analysis update JTO price has formed a symmetrical triangle pattern on the 4H chart, took approximately 2 months to develop. Buy zone : Below $2.56 Stop loss : $2.33 Regards Hexa
ACEUSDt Technical analysis update ACE formed an ascending triangle pattern on the 4-hour chart. The price recently exceeded the resistance zone of the triangle, which could indicate a potential bullish move. Buy zone : Below $11.70 Stop loss : $11.00
DENTUSDT Technical analysis update DENTUSDT price exceeded its resistance zone on the day chart after a 650-day consolidation period. While this could indicate a potential breakout. if the price breaks we can expect a 150% up move. Buy zone: Below $0.00155 Stop Loss:$0.00120 Regards Hexa
CKBUSDT Technical analysis update CKB price has approached its resistance line, accompanied by a gradual increase in volume on the 1H chart. While this could suggest potential upward movement. Buy zone : Below $0.0155 Stop loss : $0.0135 Regards Hexa
PYTHUSDT Technical analysis update PYTH price bro out its resistance line after repeatedly testing it. Buy level: $0.585 Stop Loss:$0.56 Regards Hexa
COTIUSDT Technical Analysis update: COTIUSDT broke its broadening wedge pattern today after 600 days of formation. The price may retest the support level before potentially moving further up. Buy Level: Below $0.095 (Wait for the retest) Stop Loss: $0.077 Regards Hexa
COTIUSDT Technical analysis update COTI broke the resistance line of an flag pattern on the 1-hour chart. This could indicate potential upward movement for COTI Buy zone : Below $0.093 Stop loss : $0.082 Reagrds Hexa
LITUSDT Technical analysis update LITUSDT formed a symmetrical triangle pattern on the daily chart, Currently, the price is exceeding the resistance line of the triangle. we can expect a 100-300% move in midterm. Buy zone : Below $1.35 Stop loss : $1.10 regards Hexa
Pi cycle indicator has shown a bottom signal in July month, that’s the third time in the history of bitcoin. This indicator accurately predicted the 2015 and 2018 bitcoin bottom. If this indicator works for the third time then we are at the bottom of the bitcoin bear cycle. Thanks Hexa
SPELLUSDT Technical analysis update SPELL price exceeded the resistance line of a descending channel pattern on the day chart, accompanied by high volume. While this could indicate potential upward movement in the coming days Buy level: Below $0.00070 Stop loss : $0.00057 Regards Hexa
HBARUSDT Technical analysis update HBAR formed a bullish flag pattern on the 1-hour chart. If the price exceeds the resistance line of the flag pattern, it could indicate potential upward movement in HBAR Buy zone : Below $0.108 Stop loss : $0.100 Regards Hexa
What is bitcoin halving? Bitcoin halving is a major event that occurs every four years on the Bitcoin network. It involves the reduction of the block reward that miners receive for adding new blocks of transactions to the blockchain. The block reward was initially set at 50 BTC when the Bitcoin network first launched, and it has been halved twice since then. The...