Bitcoin 4H Chart Hi folks, 📌Bitcoin, which peaked at 31K, has experienced a decrease of approximately 8%. As of now, it is trading at 28850 USDT. 📌28800 is a strong support and a healthy correction is expected as long as it doesn't close below this level. 📌29339 is an important resistance that needs to be regained in the short term (last bullish Fib 0.5). 📌There...
Hi folks, 🎯In this content, we will explore the Bitcoin Pi Cycle Top Indicator and how it can be used. 🎯The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days. It uses the 111 day moving average (111DMA) and a newly created multiple of the 350-day moving average, the 350DMA x 2. Note: The...
Hi everyone, Today, I am here with informative content. Let me start by saying that it will be a bit long, but let's learn what "Recession" means in detail. 🚩Recession can be defined as an economic downturn period. It is generally characterized by a decline in the gross domestic product (GDP) of a country in one or more quarters. Recession is associated with a...
TSLA 1W Chart -If the same triangle pattern occurs and we can see 1300-1400 in long term (Q2 2023 and later) -As we all know recession is on the table and if FED increase rates more than expected we can find TSLA less than 500 by the end of the year. Technical Datas -Short term accumulation zone --> 590 - 656 -Long term Pivot --> 656 (If we see weekly...