Hello, Skyrexians! It's time for monthly Bitcoin analysis. We decided to make it for you because there are a lot of bearish analysis among the influencers. Some of you are panicking with every local red candle. Let's decide if it's time to panic or not (spoiler - not)! From our previous overview nothing has been significantly changed. Bitcoin is following our...
Xvgusdt is currently trading within a potential ascending setup following a 5-leg drop, signaling a potential upward breakout. We have identified a clear setup for potential accumulation and recommend establishing a stop loss level to manage risk in the event of a reversal. Your engagement is valuable, so if you find this setup helpful, please consider liking...
Will this be the last drop? We have to see To continue the climb, it is better to reach the price of 52000 My opinion is that the price will drop from here and maybe the last drop
Good Saturday my fellow Cryptocurrency trader, I hope you are having a nice weekend. This is a great opportunity. ➖ We caught wave A of this ABC correction and now it is only logical to catch wave C. The chart makes it self-explanatory: The start of wave A is the peak, wave B is the first low and wave C is the lower low which should hit between 0.618 - 0.786 Fib....
Hello TradingView Family / Fellow Traders, On Weekly: Left Chart MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue. Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes. On Daily: Right Chart 📈 For the bulls to take over, we need a momentum candle...
Greetings, We've identified a promising Adam and Eve setup on FET, signaling the potential for a substantial rally in the near future. Building on the success of our previous analysis, particularly with regards to wave 3, we anticipate a similarly favorable outcome this time around. It's crucial to capitalize on this opportunity by holding onto the coin, as...
Bitcoin continues to hover within the downward-sloping channel, and the trend of a lower degree remains neutral, as implied by the low value of the daily ADX and choppy price action. With these developments in place, the focus lies on support at $60,760 and $60,000; a breakout below these two levels will bolster a bearish case in the short term, especially a...
Hello dear traders! Let's discuss and strategize today. Overall, yesterday the price of BTCUSDT experienced significant volatility with a bearish impulse surpassing the $62,000 level, along with that on H1 Descending price channel started to appear (this generally reinforces the strong bear market go up). BTCUSDT is currently reaching $60,863 and up 0.1% on the...
Dogecoin produced the classic head and shoulders pattern, a top formation. It has been bearish lately, everything seems slow. Trading volume continues to decline... ➖ First, the bias is revealed. ➖ ➖ Then we see a strong challenge of support. After a period of suspense... Comes the drop! Everything can easily change; nothing is certain. 👉 If DOGEUSDT moves...
Pepeusdt has successfully reached its impressive, inverted head and shoulders (ISHS) target, demonstrating stability above this significant bullish reversal pattern. Currently, there are indications of potential consolidation in the form of a bullish pennant, further reinforcing the bullish sentiment. If this scenario unfolds as anticipated, our profit-taking...
If you haven`t sold ETH at the top: As the cryptocurrency market navigates through choppy waters, Ethereum, the second-largest cryptocurrency by market capitalization, finds itself ensnared within a bearish formation known as a falling wedge pattern. This technical setup, coupled with broader market uncertainties, casts a shadow over Ethereum’s short-term...
As I have reported out yesterday, technically Solana is trading in the "no man's land" and can move in either direction. A bullish move towards and a break-out of $165 will push SOL towards $205 and, possibly, higher. Below $165 , risk of bearish move towards $131 is still there and, if $131 is broken to the downside, we can see a further bearishness to...
There's a bullish divergence on ethereum's daily here. However, theres a likelihood of a drop to the 2.6-2.5 area. I would like to see eth hold that zone if it does drop there (will update in said event!). I was in an eth trade and now i put my stop to B.E (4hourly looks bit bearish for me) NOTE: I am overall bullish and i hope we go straight up from here. Just...
BINANCE:BTCUSDT experienced a drop from the resistance level, tested the support level, and rebounded successfully. The market continues to find support within the range of 60000 to 61000. Currently, the market is moving within a descending channel, but I believe it will break out and move upwards as the overall trend is bullish. There is a consolidation zone...
Bitcoin is ending Wave B from the side Wave and in my opinion, is going for Wave C. The target is between 75000 & 80000. Stop loss is under 57000 if it closed two candles frame 4-hours.
4H Imbalance & Day Imbalance Analysis Imbalance Moment Expect to Down Trend
OKX:TONUSDT shows quite positive dynamics both from the fundamental side and from the technical side. An attempt to end the correction with the purpose of further growth continuation is being formed. A rather interesting setup is forming on D1 indicating the formation of a strong market bottom in the area of 4.8 - 4.6. After the retest of the key liquidity...
Cake can hit 1.6 -1.1 level in near future .We can predict it at least 35% dump.