Hi, it will be nice to look at this BTC important zones. We have a good support around 18480, failure to break above the trend line, we'd see BTC retest the support again. And this time around might be brutal due to multiple trial. But if we see int rally up, 20504 is an important zone to watch out. We must break above the trend line to continue the uptrend.
BTC is a facing a tough time as the bear gang is still milking the market. we'd like see more downside considering this topnotch news (FA) surrounding the market in this month of September. we already September is the month of bloodbath like I stated earlier in august and advised peeps to hold on to their respective August green candles as September will be...
This is a clearer chart of the ascending triangle forming up on BTC chart. a is the start of the trendline b the swing high. c the higher low. d the higher high. e the higher low. f is the first breakout target and g is the major breakout after small consolidation. So much optimism in the market after the announcement of the CPI rate. Though the market is moving...
BTC UPDATE BTC has printed a bullish chart pattern known as the Ascending Triangle on Daily Timeframe. you can see in the attached image for a clearer understanding of how the chart looks like. On Successful breakout, we should expect BTC to be priced at $29k - $31k. Not forget to mention, the CPI news was released today, having the US inflation rate fallen to...
BTC breakout and retest done. currently at the brick of a support turned resistance. if we break above the resistance at 23400 and strongly hold it on 4hrs chart, we should expect a small pump to 24150
Ethereum is expected to make a big move in the coming week. Following the forthcoming Ethereum merge narrative. This bias would be solidified if the $Eth merge hold strongly. I have made a possible outlook of how the market would react. Meanwhile, $1900 ETH is around the corner
Ethereum is expected to make a big move in the coming week. Following the forthcoming Ethereum merge narrative. This bias would be solidified if the $Eth merge hold strongly. I have made a possible outlook of how the market would react. Meanwhile, $1900 ETH is around the corner. Happy August in View! like, share if you find this informative.
The US Dollar Index $DXY Hit 108, A New High Since October 2002 A lot of people are fleeing from stocks, metals and crypto due to the current strong nature of dollar. Keep it in mind that when dollar is up, everything else(stocks, crypto, Metals) goes down. Hit the like if you find this interesting, and also share your views with me regarding the $DXY...
It's not a rocket science, Bitcoin drops -85% every bear market followed by huge bullrun. So we should expect 82% - 85% drop from last ATH and based on our previous analysis bitcoin must retest 10k-12k . High chances of bottom in Aug - Sept(the usual booth month) because of the MTGOX repayment of 150k bitcoins which would cause massive selloff of BTC. I hope...
It's not a rocket science, Bitcoin drops -85% every bear market followed by huge bullrun. So we should expect 82% - 85% drop from last ATH and based on our previous analysis bitcoin must retest 10k-12k . High chances of bottom in Aug - Sept(the usual booth month) because of the MTGOX repayment of 150k bitcoins which would cause massive selloff of BTC. I hope...
-$18k - $16k is most important zone to watch out for next few weeks. -If Bitcoin manages to hold this 18k-16k then expect midterm uptrend to $30k-$35k before heading down to final capitulation target $9k. -If bitcoin fails to hold above $16k on 3 days chart then be ready for the final capitulation to $9k before any healthy recovery.
#UNIUSDT is very week and printing a bear flag on LTF (1H), on this bias, ill be opening a short position around the previous support around 5.06 acting as resistance now.
BTC Update Bitcoin is consolidating just above the inverse head and shoulder pattern. Here I will not recommend to open a new trade, because this is area of no confirmation. First week of July is bearish so expect 5-10% pump before the dump to $18k.
Can we make this happen? Watch STURJUSDT do a free fall immediately we start trading inside the triangle. It's a tricky double top though not fully taken shape but likely the nearest scenario. Let me know what you think about the entire market. full bearish or you think we'll get a pump soon?