We are in the distribution zone. The price rejected with high volume . I think it will drop soon.
We have a breakout and a retest of the support zone. ooks like it's going to drop more. Targets are displayed on the chart. Thank you for your attention.
We have a broken trendline and price is retesting the demand zone. I think it will go down more. The targets are displayed on the chart. Thanks for your attention.
We have a drop-base-drop (DBD) pattern. Once the price exited from the 'redistribution zone', not all sell orders were filled and there was still open interest at this level; so it pulled back to retest. Here we have the "Evening Star" bar pattern and the TD9. Target are displayed on the chart.
We have a drop-base-drop (DBD) pattern. It's a common continuation pattern. The support level (redistribution zone) is broken. Targets are displayed on the chart.
We have a breakout from the resistance. It can go up. Entry : about 1.395 Targets : from 1.600 to 1.670 Stop : 1.300 ❤ Thanks for your attention ❤
We have a breakdown from the support zone. it can drop fast. Entry : {0.00007400} Targets : {0.00004850} to {0.00004320} Stop : above {0.00008070} ❤ Thanks for your attention ❤
We have a breakout from the resistance. It can go up fast. Entry : about 0.123 Targets : from 0.154 to 0.161 Stop : 0.121 ❤ Thanks for your attention ❤
We have a breakout from the resistance area. I think it can rise more. Entry : 129.8 Targets : 131.9 to 132.5 Stop : 128.9 ❤Thanks for your attention❤
We have a breakdown from the trendline . it can drop fast. Entry : {30,040} Targets : {28,490} to {28,270} Stop : above {30,700} ❤ Thanks for your attention ❤
After a drop to 25.4K, The price was corrected to the level of 0.5 Fibonacci. The price has moved sideways, in a tight range for a relatively long time. Now this range is broken and the price can continue to move. Targets are displayed on the chart.
Last time, the price moved slowly up after getting support from the SMA-200. After that, the Sell Pressure Increased in the supply zone and the price dropped fast. After a reversal in the demand zone, it gained support from the SMA-200 again. Now we have to wait and see what the price reaction is after approaching the supply zone.
Bitcoin is rejected from the supply zone. After a breakdown from the bottom line of the rising wedge pattern it can drop to the demand zone or even lower.
After the recent drop, the price has returned to the 0.5 Fibonacci level. The sideways and weak price movement may indicate that market participants have accepted the current price or even are preparing for the next drop. The chart suggests increase in bearish momentum.
The highest trading volume since May 19, 2021 (about a year ago) is recorded. Did it find support at $25K?
After a 35% drop, the price corrected to the 0.5 Fibonacci level. After that, it seems to be aiming down in most timeframes. I'm waiting for a lower low. (around 20k to 23K )
The chart above shows the ratio of Bitcoin price per total number of addresses. I believe this chart gives us a good perspective. Look at the chart. We have a supply zone at the top. There is a bull run after each halving event. After the first two halving events (2012 and 2016), the price has risen until it entered the supply zone, after which it has dropped...
Launched on 22 March 2014 with a focus on technological advancement, Groestlcoin (GRS) is SEGWIT, TAPROOT and Lightning Network ready. Groestlcoin has been in constant active development, providing development updates and enhancements every 3 months for 8 years. It is the first coin that activated SEGWIT (January 2017) and TAPROOT (The last update was released on...