Cryptocurrency
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
BTCUSDT Analysis for 03/08/2022 by DMFX partner of OCTAFX With reference to the BTCUSDT Performance, I am providing the Analysis Based on SMA, Resistance, Support, and RSI
Weekly Analysis -
Bitcoin has made a decent comeback after a long/ Big fall in the Period of April to June ( 48000 USD to 20000 USD ) It started gaining momentum again / The bulls are going to take it back from last few weeks i.e. From 20000 USD to 23000 USD. Continuous 4 candles rally that is bullish.
In the last week, it has made a Spinning Top candle that gave some indecision in the market or The present ongoing trend is weakening.
We need to wait for the market to give a proper trend that can be Bullish or Bearish.
Daily Analysis:
Looks very bullish as the past 5 candles look promising that bulls are not going to book profit. they want to push the market to further figures
but is in the Consolidation phase between two channels / Parallel channels it has to come out for confirmation of direction.
stay tuned for more analysis like share and Comment
NEAR PRICE PREDICTION Taking the daily frame you will notice a support zone at the 2.6 - 3 $ region, now
since when we have fall down from 5$ we never reached close to it
we go to 4.7 or 4.8 and fall back to the support zone of 3 - 3.6 $
And i personally think the same will happen in august as it is happening in a bear market for long
we will be revolving bw 3 to 5 $ and we will end the month close to 4$
And thus my price prediction for the end of august is 4$ .
Bitcoin : Price Predictive AnalysisThe above chart of Bitcoin (BTCUSDT) laid out a Cup and Handle pattern (Bullish Pattern) . In a Cup and Handle pattern, the price movement forms a U-shaped Cup and then a subsequent price drift downwards forms a handle.
This pattern in general is characteristic of a Bullish trend. If the price breakout and moves towards the uptrend, the bullish pattern is expected to continue.
Currently, Bitcoin (BTCUSDT) is at $23165( Above the Breakout Level). If the pattern continues on the higher trend, then the price of Bitcoin (BTCUSDT) might reach the resistance level (Measured Length) of $29275, If the trend reverses, then the price of Bitcoin (BTCUSDT) may fall to $21460.
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Bitcoin (BTCUSDT).
Resistance Level 1 $23820
Resistance Level 2 $25830
Resistance Level 3 $26850
Resistance Level 4 $29275
Support Level 1 $21460
Support Level 2 $18673
Bitcoin (BTCUSDT) Resistance & Support Level
MBOX USDT - BREAKOUT CHARTNearly four months of huge sell off, MBOX seem to be in trading range of $0.55 - $0.710, It tested it's resistance at 0.71 TODAYS MORNING. If consecutive wide candle with above average volume may took mbox to bullish sentiment.
Accumulated period for mbox seems to be over!!






















