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Cryptocurrency

BTC/USD - Weekly OverviewThe world’s largest cryptocurrency has once again become a victim of a strong consolidation range between $37K to $45K. The breakout above $45K during the start of the month gave positive hopes to the investors. However, the following retracement forced the price level to drop below $40K. The contraction in Bollinger Bands suggests that we are poised for another phase of consolidation with the price level taking support at lower basis (38154.49). The upper basis (43498.16) of BB has also entered the consolidation range which is not a positive signal. On the 8H timeframe, the chart reflects upon retracement faced by price level after testing the resistance at 0.382FIB level followed by negative crossover against all major EMAs. This may indicate that BTC might take a breather as the major support of $37K is coming into play. The MACD levels also do not showcase a positive scenario for BTC. The levels are unable to move above the median line and currently forming red bars. This indicates that we can face a further downtrend in the upcoming trading sessions.
COINBASE:BTCUSD
by TradeDog-Research
Play ETHEREUM with moving averages.Ethereum is trading at a crucial support zone and there can be a reversal. Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend. On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed. Support :- 2945,2850 Resistance :- 3020, 3100 Watch for the candle to close above is 20 ema on 60 minute time frame, as it has been taking resistance from the static level. It can travel upto 200 ema once it gives a strong close above 20 ema. Price action and volume analysis must be used.
FOREXCOM:ETHUSD
by TheMamboMomentum
TKYUSDT best time to BUYCOIN NAME: TKY PAIR-USDT EXCHANGE : KUCOIN Buy: 0.000200 to 0.000210 T1- 0.000298 T2- 0.000360 T3- 0.000495 No SL Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC. SL must but for Spot not required if you want to buy in Dips. Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game. If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I can guide you.
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by RisingPrince
1
Ethereum gives a nice breakout of "W" Pattern.Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels. It has closed above the level on daily time frame and is taking resistance form is 20 ema. A nice morning star pattern is there on a daily time frame and trading between the moving averages. On a 4 hour time frame the coin has given a "W" pattern break out with good volumes and has crossed it 20 and 200 ema . Support :- 3100, 3040, 2960 Resistance :- 3198,3320 There is a crucial resistance near 3130-50 i.e. 20 ema on daily and weekly time frame. Wait for the price action and candlestick pattern near the levels.
FOREXCOM:ETHUSD
by TheMamboMomentum
Bitcoin's lifetime Fibonacci Lines & DiaryBitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies. I've drawn multiple scenarios for reversal without having an ambitious target like bitcoin maximalists or Cathie Woods. It's possible but not anytime soon. Stick to entering your positions on any resistance line that could potentially become support. And stay away from scalping for a few weeks :D
INDEX:BTCUSD
by mrinalsethi