Get started

Cryptocurrency

LUNA/USDT ON HOURLY CHARTAfter a strong rally LUNA has been into a correction move. Please check on 4hrs chart to understand it properly. And use Fibonacci retracement to check the levels. We did analysis on hourly chart and seems like LUNA is still in downtrend and it broke a Rising wedge pattern too which was retraced exactly from the 50% Fibonacci level. Now to make sure this move is continued we used Fibonacci extension to mark our upcoming targets. We have shown it on the chart. Also our Supertrend shows that the trend is bearish to it make more sense to plan short trade. Trade safe
Short
by Tab_trader
1
BTC price action I am sharing 4hr timeframe chart just to give you all clear view of what happening with regards to $BTC Since BTC started its downward movement after hitting 69k. BTC was moving downward in a parallel channel. After the breakout of the channel. BTC got rejected at 51.9k and again it started moving in a new downward Parallel channel. As you can see BTC price is still going downward but the RSI is moving up. Which is a hidden bullish divergence and same divergence can be seen on daily timeframe. Note: These are just my observations. Kindly DYOR.
by dhingravivek
Happy New Bitcoin 2022Yesterday Bitcoin managed to close above EMA10 and EMA21 with average volume... This is good and supports our previous idea of a bounce next before anything else. By "bounce" I mean prices moving up from the most recent low but not necessarily for a long-term upward move but it can just to later hit a new low. Of course, things are always changing and the bounce can lead to a reversal and we see prices print additional growth. That's not the point right now. EMA50 has been tested as resistance. We have not strong enough indicators... We are likely to see Bitcoin close 2021 around $47,000 and $50,000 depending on how the day goes. Happy New Year 2022. Amazing year that it was 2021. I am wishing you the best financial success ever in 2022... I am wishing robust health, good feelings, great moments... I am sending you appreciation in the form of LOVE! See you around. Thank you for being with us all this time. Thanks a lot for your amazing support. Thank you! Namaste.
BITSTAMP:BTCUSDLong
by MasterAnanda
2
Bitcoin Daily Short-Term UpdateGoing a bit deeper, 1H TF, let's see what BTCUSD has to say. A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume. Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow. The red marked space is the main short-term support. As long as we stay above this level, we can expect additional growth. This is a short-term analysis. Things can change fast. I will be giving you more updates as the charts continue to evolve. Happy New Year 2022! Thanks a lot for your continued support. Namaste.
BITSTAMP:BTCUSD
by MasterAnanda