$BTC Daily update$BTC Looks like calming down on 1D time-frame with neutral close yesterday. $23,713 support holding. Last 4H with bullish engulfing, if played out $24,690 can be retested. $24,129 resistance in effect.
Cryptocurrency
BTC USDT Price is currently facing Resistance around the 25K$ , and sliding back down towards local support around 24.5K, If this support breaksdown we see the major support come into play which is 22K-22.5K REGION.
Short term analysis.
Bitcoin has so far continued to slow down the slide#BTC Main 16.08.2022📊
BTC: $ 24,000
ETH: $ 1,800
BITCOIN DOMINANCE 40,94%
TOTAL MARKET CAP $ 1.12T
Crypto Fear & Greed Index: 44
📊Bitcoin has so far continued to slowly slide lower, even with the growth of American markets.
Given the correlation with the S&P500 and NASDAQ, Bitcoin will soon have to catch up with them, however, I am considering another option.
Within the framework of an uptrend and a preload to the limit resistance of $ 24.950, we can see a descent to test the trend-inclined support (global), since the price has not descended to it for a long time.
In this case, we are waiting for a correction to $ 23,000 - $23,200.
Have a good trading day👌
$GTC back testing!!First back testing on $GTC. I'm using seeing the bounce and opening a LONG Position here. Let's see what happens.
$BTC Daily Update$BTC in wicky mood, Bearish close from Sunday on 1D chart followed by another bearish close yesterday, $23,713 support in effect, gave you $23,479-$24,969 moving range last Saturday and still remains in effect, $23,479 could be tested today.
JUST WAITING FOR IT TO BREAK ( ETH is all ready to bleed)from a long time I was waiting for a good entry in Ethereum
now I think we are close to good some really good short positions
the moment it breaks the trend line we will get more assurance regarding the same
I think it has a long way to go down so can get some really good profits
WAITING FOR IT TO CREATE A NEW LOW
THANK YOU
BINANCE:ETHUSDT
Binance coin forming a double top patternBinance coin has been forming green candles on weekly time and has formed a perfect doji above its 20 ema.
On the daily chart analysis, the coin is consolidating near the resistance zone and 200DMA.
The coin is trading between its 20 and 200 ema on daily time frame. A clear rejection is there near the resistance zone.
Coin is trading and taking support from its 200 ema on hourly time frame.
Wait for a close below 315 level on the daily time frame.
Good risk to reward ratio is there if the coin starts to dip.
Wait and watch the price action before shorting the coin.
Bitcoin consolidating in a wedge pattern.Bitcoin on the daily time frame has been consolidating in a range and is taking support around its 20 DMA.
On the weekly analysis, the moving averages are getting close enough but the price is below both 20 and 200 ema.
The coin price is around its hourly 20 ema and its taking a support from it.
The coin is forming a rising wedge pattern on daily time frame.
Once the pattern gives a break out, bitcoin can give nice targets on both side.
Watch for the price action before trading the setup.
Support and resistance levels are mentioned in the chart itself.
$BTC Daily Update#BTC Mighty bullish engulfing on last 1D close with bullish pin bar, Last 4H with very good climb above $24,690. $24,969 resistance retest possible. $24,690 acting support as of now. $23,479-$24,969 moving range for now.
$BTC Daily Update$BTC Moving towards $24,690, Last tested on 30th Jul, Perfect bullish engulfing on daily time-frame. RSI on 1D 4H and 1H just below 70, still have some strength to take it towards $24,690, Today's daily close will determine if Bullish engulfing will come into play.
#OGUSDT#OG/USDT
REASON
SPOT BUY
1)UPTREND
2)GOOD SUPPLY AND DEMAND
UP
1) in a UP trend
2) In Breakout
3) High Volatile#OG/USDT
Signal Type: Long
TRADE WITH YOUR OWN RISK
#btcusdtREASON
1)UPTREND
2)GOOD SUPPLY AND DEMAND
UP
1) in a UP trend
2) In Breakout
3) High Volatile#BTC/USDT
Signal Type: Long
$BTC Daily Update$BTC Finally what I've been waiting for $22,750 support in effect. Last 4H close with bearish engulfing, Watch $22,750-$22,379 support.
$BTC Daily update $BTC $23,713 broke and currently providing support, Last 4H close with bullish pin bar, if followed thru $24,129 could be retested which is currently resisting. On 1H last close bearish and moving towards support on current 1H candle.
USDT DOMINANCE DAILY TIME FRAME CHARTUsdt dominance forming falling wedge pattern on daily time frame
#XAUUSDREASON
1)DOWNTREND
2)GOOD SUPPLY AND DEMAND
DOWN
1) in a DOWN trend
2) In Breakout
3) High Volatile#XAUUSD
IT'S ONLY FOR EDUCATIONAL PURPOSES
#NEARUSDT
REASON
1)DOWNTREND
2)GOOD SUPPLY AND DEMAND
DOWN
1) in a DOWN trend
2) In Breakout
3) High Volatile#NEAR/USDT
Signal Type: Long
Leverage: Cross 20x
Entry Targets: 5.049 5.00
Take-Profit Targets:
1) 5.073
2) 5.100
3) 5.123
4) 5.150
5) 5.175
6) 5.200
7) 5.250
8) 5.300
Stop-Loss: 4.95
$BTC Daily Update$BTC $22,379 tested and it held just as expected. $23,197 resisting, $22,379 still remains at risk with last 1D close bearish. Weekend almost here, $22,750-$22,379 could be Support for tomorrow. Continue watching given S/R areas
BTC BEARISH SCENARIO WHICH IS GOING TO PLAYIn above chart, We can see a trend line acting as a support and resistance for about a year. Above trend line acted as support for about 4 times. After price broke out of trend line now the price is going for a retest. Thus we are going to see more downside in price
38$ Soon ?? ICP Price Prediction -2022Internet Computer ( ICP ) holds the 38th position on Coin Gecko right now. ICP price prediction 2022 is explained below with a daily time frame
The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line . The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish trend . We can expect a breakout from the 5th Resistance Zone .
Currently, ICP is trading at $8.63.
The breakout Level of ICP is $10.50,
If the price has breached the breakout level, then the price of ICP might reach the next resistance level of $22.39 and $38.54. If the trend reverses, then the price of ICP may fall to $5.00
Internet Computer ( ICP ) Support and Resistance Levels
The chart below shows the support and resistance levels of Internet Computer ( ICP ).
Resistance Level 1 $10.50
Resistance Level 2 $22.39
Resistance Level 3 $38.51
Support Level $5.00
The charts show that ICP has performed a bearish trend over the past month. If this trend continues on the higher side, ICP might run along with the bulls overtaking its resistance level at $10.50.
Based on the recent volume it shows some good signs in the current market.
Will see after Breakout Thanks
Happy Trading!!!! Trading View India community
