Price Action Analysis • If the price remains above the Level 1 control point at 0.004318, we could expect new highs, potentially reaching 0.0072. • However, if the price loses the Level 1 control point, we may observe a bounce, depending on the strength of buying pressure, at 0.0030. In the case of extreme market stress, a worst-case scenario could see prices...
Currently the #DOGE cryptocurrency is in a descending wedge, with a range formed 20 hours ago with 2.78% between the minimum and maximum of the range, in addition we have an important institutional point at 0.003024 being the final point on the graph indicated as dead point because any loss of this value could indicate a brutal reversal, likewise, the gain of the...
Bitcoin Technical Analysis - August 18, 2024 Courtesy of GF1 LAB Key Levels: Main Support: 59,500 USD Main Resistance: 61,000 USD Trading Strategies: Sell Below 59,500 USD: If Bitcoin’s price drops below 59,500 USD, a sell is recommended with a target of 47,000 USD. This movement suggests a potential break of the support, indicating a significant downward...
First we see a large pattern known in technical analysis as a bullish flag, characterized by an impulse and a retracement without losing the beginning of the impulse, however we observe that this pattern extends for about 98 days without a breakout or even a false breakout based on the 1-day time frame, we see that it is an asset that respects classical and...
The only way on the current date for bitcoin to return to the bull phase is to stay above 62,500, the ideal scenario is to close the day above 62,500, otherwise just a retest of the pattern that would be bullish in a bull market, but with a drain on liquidity it could take up to The final target is 56k, pay attention to these levels and operate by action and...
Bitcoin at a Critical Juncture: Detailed Analysis for the Upcoming Week Based on the provided 4-hour chart with volume analysis, here’s a precise forecast for Bitcoin’s potential movements this week: Key Observations: 1. Megaphone Pattern: • The megaphone pattern identified earlier indicates high volatility and potential for significant price...
Analysis Summary This comprehensive technical analysis of BTC/USD on the 4-hour chart provides an in-depth perspective based on GF1 LAB’s knowledge and methodologies. The chart reveals a symmetrical triangle pattern, a consolidation figure that could indicate a potential trend reversal. The time x price action is crucial for the market maker to validate the...
#BTC. D: The next move for the crypto market will be characterized by a gain in Bitcoin dominance relative to the total crypto market. We should see a sideways momentum between 53% and 56% , followed by a significant rise towards 60% , pushing Bitcoin to new highs. We recommend buying Bitcoin on the spot and following this chart to the process’s conclusion....
How should I approach trading ORDI/USDT? To analyze this currency, I've chosen to focus on graphic and classic technical analysis. This involves identifying key points like tops and bottoms, support and resistance levels, graphic patterns, and breakout points. From this analysis, I've identified a strong support zone between $30 to $25. Additionally, I've...
Bitcoin Analysis - May 5, 2024 Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investments in cryptocurrencies carry significant risks. It is recommended to conduct your own research and consult a financial professional before making any investment decisions. Hello everyone, today, on May 5, 2024, I...
I analyzed the #TRB/USDT coin today, May 9th, with composure and elegance. Let's discuss the price movement with only a few Fibonacci variables and the GF1 Quantum indicator. We can observe that the asset broke a 17-day range on May 1st, 2024, in addition to forming a double bottom, confirming institutional presence defending the $44 price level. This indicates...
GLM Coin Trading Setup This is a setup for GLM coin trading. I observe a dominant bullish trend with institutional entry and validated trends in favor. My algorithm signals a long position, and I'm relying on that. Further details regarding the symmetrical wedge, targets, and stop levels are depicted on the chart.
📉🧠 Bearish Pattern Alert: Psychological Analysis and Indicators Point to a Potential Dump! Disclaimer: This analysis is based on psychological analysis and technical indicators. Secondary entry is suggested to mitigate deficiencies and possible manipulation due to lack of exchange liquidity. This bearish pattern emerges from a psychological analysis—yes, I said...
Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional. I've been watching this asset for a few weeks and all the manipulation has been done, by my indicators, there has...
Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional. Folks, let's delve into what I've been observing in recent market movements. After a period of analysis, I've...
Disclaimer: The content provided is for informational purposes only and should not be construed as financial or investment advice. All decisions to buy or sell assets should be based on your own research and risk assessment. We are not liable for any losses or damages arising from the use of the information provided in this text. Always consult with a qualified...
⚠️ Disclaimer: All opinions expressed herein are for informational purposes only and should not be construed as financial advice. Cryptocurrency trading involves significant risks. Consult a financial professional before making any investment decisions. 📈📉 After analyzing the BGB token today, I noticed that it has completed a complex wave 4 and seems to be...
⚠️ Disclaimer: All opinions expressed herein are for informational purposes only and should not be construed as financial advice. Cryptocurrency trading involves significant risks. Consult a financial professional before making any investment decisions. 📈📉 In our assessment of Bitcoin, we've identified a short-term reversal pattern, focusing on the 1-hour...