On Sep 7, A big red candles with a big shadow happened in bitcoin. The lowest price was $42800 Fact : Every Time that such a candles happened on BTC, In the coming days price went down to the bottom of that shadow. With the facts that we can see right now, this is just a price correction. Golden Cross : The 50MA is breaking the 200MA Supports : 45K - 43K
When USDT Dominance goes down then Crypto prices goes up Now watch out the zone 1, If it breaks then market prices goes up but if it show some support then market will corrects There is no sign of a return yet, Most likely it will breaks down the zone 1 then it goes to the trend line(orange line).
After a price compression in a tringle, ETH is pumping now Now resistances are broke and nothing is on the way, Ethereum gonna hit its All Time High soon. P.S : If price reach the midline of the channel and $4380 resistance at the same time then there will be strong resistance zone . Bitcoin dominance is still bearish so altcoins gonna act better. USDT dominance...
$ 1.78T resistance broke and then a perfect pullback happened. Now nothing is on the way so $ 2.3T is available and it means BTC gonna be above $50,000 But after that there will be resistance zone (2.3 - 2.6) and we have to see what's going to happen? My next idea about USDT Dominance will answer the question
This is 4h time frame analysis (short term) Bitcoin has this channel in 4h time frame The bottom of this channel is the support of bitcoin(≈45,700), If price react to it then we can see another top which is around $50,000 But also there is a double top pattern and if BTC lose this channel then price corrects to $44,000.
Doge above that white line is more interesting However dogecoin is gonna go for $0.43 and maybe more (It depends on whether breaks it or not) Resistance levels : 0.43 - 0.73 Support levels : 0.28
Nothing much to say, This is my idea about Shiba Inu It may even break the 0.00001 level
Cardano's price is moving between two levels for too long, One of this levels gonna break soon or later I expect it to breaks $1.5 resistance and If it does then it gonna move higher levels so fast . Also there is a pattern, After the neckline broke then the target will be $1.85
A double bottom is happening now on ETH chart. After it breaks the neckline then you can see the price target on chart. I wanna mention that price has broken 200MA (Bullish).
According to my previous idea, It seems that it was actually dip downward trend is broken now , that big head and shoulders didn't work (bullish sign) , price returned from bottom of channel and now we can see some green candles. This is my last idea about bitcoin for now because I think new bullish wave is just started
I drew the BTC long term ascending channel in different way this time and I wanted to share What if we are actually in dip right now? Look What happened when price reached the bottom of this channel.
Ethereum's situation is much better than Bitcoin that's for sure because ETH price is still moving in an ascending channel Right now price is in the bottom of this channel and it has support, It's important to keep it. Let's not forget, ETH is the mother of altcoins.
A double bottom is happening on Crypto Total Market Cap and target is around $1.7 Trillion as you can see. It is on bullish trend and it has reacted to the support level , It is on 0.618 Fibonacci level too Zoom out the chart, you can see the whole history. Same thing is happening on BTCUSDT chart also which is normal and target for that is $40k , If...
This is the big head and shoulders that I was talking about in my last idea. Long term bullish trend is broken, The bullish channel is lost, Triangle is broken from the bottom . If price rise from here, seems to me it will be only a pull back to the broken trend line and then it will go down again. $30k is the neckline of this big bears pattern, after it ...
A double bottom is happening on BTCUSDT chart, It is not completed yet Also we can see a triangle, If price breaks through the top line of the triangle then we can see also that double bottom pattern is working. When BTC wants to break some price level, it breaks it in fast movement You can see the targets on chart Also: - A double bottom is happening in Total...