Amid the collapse of crypto giant, FTX, the overall market conditions took a hit as the world’s largest cryptocurrency nosedived to a new two-year low of nearly $15.5K. The other cryptocurrencies also faced significant selling pressure as Ethereum is down by 20.15%, XRP by 25.65%, and polygon by 22.00% at the time of writing on a weekly basis. Considering the...
The world’s largest cryptocurrency has developed positive sentiment during the past week as the price level maintained sustainability above the psychological mark of $20K. Moreover, the price level was able to have a positive breakout above the resistance zone between 0.786 FIB level and 0.618 FIB level and attained a new weekly high of nearly $21.5K. However,...
APT, Huge airdrop just like UNI gave its airdrop in 2020, APT recreates the sme feels in 2022. We will be looking in 1hr and 4hr TFs as its a recent listing. The upper downtrend line is in 1Hr and the lower downtrend line is in 4Hr. The best support range in this chart lies around sub 7$ ( upto 3% till 6.80$). Let it build, will take a position soon. In my...
Looking at the Apecoin technical chart, the price level has faced significant selling pressure since August and is almost down by 43.00% since then. Considering the current trend, APE is struggling between 0.236 FIB level to 0.382 FIB level. Above 0.382 FIB level, there’s a strong resistance zone in which the price level is unable to maintain sustainability. MA-50...
The world’s largest cryptocurrency has developed positive sentiment during the past week as the price level climbed above and maintained sustainability above the psychological mark of $20K. Building upon the positive sentiment, BTC tested the resistance at $21K which is placed at 0.618 FIB level on the Fibonacci retracement table. But it did not have a positive...
The past week commenced on a significantly positive note as the world's largest cryptocurrency broke above the price level of $22K for the very first time this month. However, due to the prevailing sentiments, the price level was not sustained for a longer duration. This certainly indicates that the ever-lasting felt-like bear market has forced investors to sell...
See the ICP chart price moving in descending triangel support- 5.50 - 5.70. RSI moving below 50. IF BTC is in a short-term uptrend then the ICP price gives up breakout creating a long position and stop loss below the support zone, Take a profit of 9.00 USDT
The past week for Bitcoin started off with a positive note as the price level tested the crucial resistance mark of $20K. However, as the level was trading above $20K, a strong profit booking momentum was observed which brought the strong support of $18K into play. nThe support level did again provide the much-required bounceback and the current level is trading...
For the third quarter of 2022, Bitcoin had bullish inception during the first month upon which it had a build-up to test the major resistance level of $25K during August. The price action formed a rising channel pattern before facing significant retracement from the resistance level. The retracement somehow settled at the psychological mark of $20K and maintained...
As the global economic conditions turned bearish during the past week, Bitcoin seemed to struggle between the price level of $18K to $19.K. However, the crucial support level of $18K remained intact. The current price level is hovering around $19K and might look to retest the resistance present at $20K In a short timeframe, the price level needs to have a...
The past week had a quick change of sentiments as the world’s largest cryptocurrency is back again above the crucial psychological mark of $20K. The price level did make a weekly low of around $18.5K Currently, the price level is testing both MA-100 and MA-200. However, the alarming aspect is that MA-50 is still showcasing negative nature which might hint that a...
The technical analysis suggests that Chiliz (CHZ) has performed quite well considering the overall market conditions since the past quarter. The YTD return for the sports engagement coin is down by -30.00% whereas its indirect competitors including Gala Network and Ejin Coin are almost down by 80%. This also suggests that CHZ has better price sustainability...
The month started with bearish sentiment and still prevailing as the world’s largest cryptocurrency is unable to maintain sustainability above the crucial psychological mark of $20K. Since the past month, the price level had a negative breakout from the rising channel pattern and currently possibly forming a falling wedge. Furthermore, it should be noted that...
This week, the popularity of the crypto market has increased, and the market has broken through with the trend, and the trend is expected to remain. BTC’s daily breakout and step back verification trend extended to the weekly line, and finally it successfully stopped falling and completed another breakthrough. The daily line returns to the upward trend, and there...
Ethusd break below 2100 on weekly basis will lead to a target of 500-900 range. this a personal opinion and for study purpose .
broke below 30k level will leads to 15k-13k level . only if it breaks 30k
I think its at the verge of a decision, personally think it is brewing up for a up-move. Clear invalidation if it were to not play out. I am heavy in spot. Give me $150
I have started focusing on macrotrends and drawing ideas for the same. Being open-minded and not having to choose between bear and bullish cycles, I think its safe to ride the roller coaster ride with good risk management.