Price is ranging slowly but steadily in a descending channel after it got rejected off the 12h supply at $2,640. MACD is showing bearish weakness, RSI is neutral and EMAs are neutral. Price is expected to retest the 6h breaker zone around $2,400 before potentially expecting some bullish movements.
Price is still in a range showing no major movements after it broke below the support line due to Bank Holiday. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. We shall wait for liquidity to kick in however i do expect price to move up and retest the 46k area before continuing the downside movements.
Price had tapped into the 4h demand at $0.288 where it moved up from leaving another 4h demand zone around $0.3 and it is currently retesting the resistance around $0.34. MACD is bullish, RSI is bought and EMAs are turning bullish. Price needs to break and close above this resistance in order to aim towards the next area of resistance at $0.038.
USDT dominance is currently ranging inside the 7h demand zone around 5.4% showing no major movements. It is expected to move up and tap into the 12h breaker zone around 5.65% before potentially moving down again.
Bitcoin dominance is currently ranging between the discounted support around 52.4% and the resistance around 53%. I expect it to move up and tap into the 6h breaker around 54.5% before potentially moving down again.
Price had reached the 12h supply zone around $2,650 and got rejected as predicted. MACD is now showing some bullish weakness, RSI is overbought and EMAs are bullish. Price is expected to retrace and tap into the 6h breaker zone around $2,400 before potentially moving up again.
Price has swept the resistance area at FWB:48K and it is currently still ranging inside the daily supply zone. MACD is not clear, RSI is bought and EMAs are bullish. Price needs to break and hold above both the resistance line as well as the resistance area in order to expect further bullish movements potentially towards the 51k area.
Price moved up aggressively after breaking above the resistance $0.58. MACD is showing strong bullish momentum, RSI is overbought and EMAs are bullish. Price filled the fair value gap around $0.6 and it is now retesting the support around $0.595. Price is expected to keep moving up and reach the 6h supply zone around $0.63.
USDT dominance dropped and it is currently trading inside the 7h demand zone. We shall wait for lower timeframe confirmation in order to expect some short term bullish movements from there.
Bitcoin dominance is dropping and it is currently retesting the support around 53%. It is expected to keep moving down towards the discounted area of support at 52.4% before potentially retracing from there.
Price is currently moving up aggressively and reached the 12h supply zone around $2,630. MACD is showing strong bullish momentum, RSI is overbought and EMAs are bullish. We shall wait for lower timeframe confirmation before expecting a retracement from here as we have very strong bullish volume.
Price had tapped into the 12h demand around 44.3k where it bounced from and it is currently ranging inside the daily supply zone which it is trying to break. MACD is showing some bearish momentum, RSI is bought and EMAs are bullish. Price is expected to keep moving up and break above the 48k area.
Price is ranging in a descending channel respecting a resistance line. MACD is showing some bullish weakness, RSI and EMAs are neutral. Price is currently moving down after getting rejected off the resistance line, it is expected to keep moving down and liquidate the equal lows at $85.
USDT dominance it currently ranging inside the 12h breaker zone. I still expect it to move down and tap into the 7h demand around 5.45% before potentially moving up again.
Bitcoin dominance is currently moving down after testing the 12h supply around 55% as predicted. It is now expected to tap into the 6h breaker around 53.5% before potentially moving up again.
Price bounced off the 200MA which is acting as support and it is currently retesting the 6h supply zone. MACD is bullish, RSI is bought and EMAs are turning bullish. Price needs to break above the high at $2,445 in order to expect higher pricing from there. Waiting for confirmation.
Price swept the resistance line and it is currently moving down again. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. Price is expected to tap into the 12h demand around 44k before potentially moving up again.
Price is still ranging in a falling wedge and it is currently trying to break above the resistance line however it is getting rejected from the EMA ribbon. MACD is not clear, RSI is neutral and price is ranging between the EMA ribbon and the 200MA. Price needs to close above $44 for bullish confirmation then we would expect some bullish movements aiming towards...