Doing the work with BNB D1 chart. 330-337 is a strong Resistance level of BNB at this time. We have: - A Support & Resistance range here (light gray area) - A Trendline acts as a resistance level here (bold Orange line) - Fibonacci Retracement level 0.618 here ==> It is had to break out this range. The volume last week is rising but it is not strong enough to...
Maybe, I am a pessimist. I always see BTC is FALLING :D I my last idea about BTC, when it is Rising from $62K, I see BTC backs to Fibonacci 0.5 at to $53,300? Even lower? Now, when BTC touches Fibo level 1 ($57,775) and rising a little again in 2 days, I still think it will break this level and FALL to Fibo level 1.618 ($50,837). Why? - When BTC touches...
I am checking FB, H4 chart: - In the last time the Falling Wedge price pattern detected, price raised from 321 to 341. - The recent price pattern detected is Rising Wedge, 2 days ago. Price started to FALL from 335 and now moving around Support level at 324. - The next Support level is 309. Will it break the current Support level to FALL to 309? In this idea, I...
We saw BTC touched Resistance level at $66.5K and moving back. Right now, it is moving around Fibo 0.236 ($60.5K). The down trend will be confirmed when D1 closes below $59k. When this happens, the next target should be Fibo 0.5 ($53.3K) or even Fibo 0.618 ($50K). What do you think?
Hello there, I am trying to analyze BTC for the next trade. And here are what I see: - The Supertrend is bearish now. This trend happened for a while. - It passed under the SMA 20 line and lower envelope. - It is testing the Support Level at $40K - The Volume is still low but it is rising. It should move up to pass the Zero Line to confirm the trend soon. ==>...