Volatility is down, so are volumes. The price approached the resistance level. I expect a further decline to the support level indicated on the chart.
The price is locally oversold, but is moving in an upward channel near the support level. From the current levels, I expect that the price will reach the resistance level.
The price is moving between the liquidity zone and the trend line. Stochastic RSI 4H shows overbought. A bearish divergence is forming at the 30m timeframe. I expect a decline to the 0.5 Fibonacci level.
The local trend is upward. The price has held the trend line. We are at the support level. I expect the retest of the support level and the trend line, and after reaching the target indicated on the chart.
The global structure and trend of the coin remains downward. Stochastic RSI shows overbought on 4H. On the 1H timeframe the price has formed a double top pattern. Bounced back down from the 200MA on the 1H timeframe. I expect a decline to the $126.19 level.
We came out of the triangle on higher volumes. Buyers are holding the price above the triangle. We are near the support level, so the risk/reward ratio is good.
The local trend continued within the ascending channel . The buyer quickly pushes back the level of $1861.74. From the support level the price will return to the ascending channel .
Positive financing on Binance. After the rise there was local overbought. Ethereum broke through the uptrend channel. This is an opportunity for another liquidity increase in the range of $2920 - 2950. It is necessary to watch the reaction to the resistance level, a false breakdown is possible.
Volumes have dropped. Several times already pushed away from the resistance level. Breaking through the rising channel and increasing volatility. Possible correction to the 42700 level.
The pound is losing ground against the dollar. It is possible to move down and update the low.
The price has reversed down. I expect movement to a local minimum
The price has almost reached resistance. I expect a rebound from the level and a downward movement.
The price completes the correction of the main trend. The resistance had a rebound and the price is already going down. Movement is possible until support.
The price forms an ascending triangle. Upward breakout is possible.
Bitcoin hit resistance and stalled. I expect a rebound from the level and a downward movement.
The euro made a correction after falling. Now the price is hitting resistance. I expect a rebound and a downward movement.
The pound made a correction. There is probably a false break now. I'm expecting a turnaround.
After bouncing off the resistance, the price went to break through the support. It is possible to fall below the level.