Hello traders : as usual we need to look at bigger timeframe first , so if you pull fibonacci retracement tool from start of bull market until to the top you can see ETH/USDT is in the fib golden ratio at 0.618 its very important for ETH to hold this level , also in this level price attempt to create triangle but the main trend is bearish so the pattern we have...
Hello traders I'll start with the weekly time frame : you can see price get bounce from weekly support and rich higher price target and now start to retracement but we need to zoom in to achieve more information . so let's dive into the daily timeframe : in the daily we can see price create a beautiful flag or something looks like falling wedge and clearly...
hello traders in this analysis i'm looking at HBAR/USDT , and see this clear triangle , which is already breaking below the upward support line and now trying to retest it as resistance , its seems good for short position because the main trend is bearish and in the 4h chart we are clearly in the down trend . but because of market situation Be careful
Btc in the weekly timeframe retrace to fib golden ratio at 1.618 its also weekly support ; also in the stochastic rsi hit all time low , last time we reach almost zero in the stochastic rsi in the 2019 we bounce up about 60% in the daily time frame we forme a bullish pattern ( failng wedge ) .
maybe its end of bear trend for btc dominance and its bad signal for ALTS
as you can see in the 1h chart BTC trying to hold above pervious STRONG RESISTANCE and its seems good for buy