BALUSDT can bounce on Elliot wave CBALUSDT can bounce on Elliot wave C or on 4hr orderblock BINANCE:BALUSDT.P
Cryptocurrency
PEPE PRICE PREDICTION ( PEPE’s price has dumped by -0.48% ) (PEPE’s price has dumped by -0.48% in the last 24 hours)
1) Pepe’s price at the same time last week was $0.0000019. It has moved by -16.36% in the past week and is currently at $0.0000016. Infact, in the past 24 hours, PEPE has dumped by -0.48%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and PEPE could hit $0.0000034 in 2024.
2) The total circulating supply of Pepe as of writing this article was $420,690,000,000,000 and the market cap of PEPE remains at $706,349,755.
3) Pepe has had an eventful 2021. To simplify the latest PEPE price prediction, we have divided up the prediction by short term Pepe price prediction and long term Pepe price prediction. PEPE had a trading volume of $208,215,005. Pepe has gone up by 0% in the past 30 days.
4) According to our analysis in the short term, Pepe price prediction for July 2023 shows the average price of PEPE at $0.0000016 and the highest possible price for July 2023 would be $0.0000023.
5) Further, according to our analysis in the long term, Pepe price prediction for November 2023 shows the average price of PEPE at $0.0000029 and the highest possible price for November 2023 would be $0.0000044.
The Elliot wave pattern continues? Yes or No? Lets watchin my previous analysis, i have mentioned that BTC is testing important resistance zone. and Yes, BTC was rejected from 30600 levels and now trading around 26500. It was my stop loss point in the analysis.
But Now, BTC is looking bullish as pattern in 1 Day chart indicating towards the Elliot Wave Pattern. But also BTC is testing 100 MA support levels in a Day candle. Previously ( Highlighted in Orange circle ) it was tested at 20400 levels and you can see a bullish pump in BTC. are we going to face the same? well, i have feeling that Yes. but there are few conditions;
1) If we see the same pump as per previous time from the 100 MA support line, We are good and BTC can test the levels of 33K to 35K . Its a very strong resistance in terms of volume, as per my VRVP indicator.
2) If we see more downtrend, BTC going to test levels of 23K to 25K . from there we can see a pump in BTC to levels of 30K to 33K .
Now, i was following my previous analysis, i have taken Short Position from 30200 levels and closed at 27500. Good Profit. BINANCE:BTCUSDT 😃😝. again, i have taken short position from 28700 and closed at 26200.🤩
Please dont forget to add stoploss in any of your trad. Have a safe trading!!!
Bitcoin TA : WHAT THE FUTURE HOLDS ?We are now seeing a retracement on #btc after striking the 50% fib level at price $31125 from last high to swing low on monthly.
The next move is #btc tumbling further to our respective demand zones. We have Identified two possible outcomes A & B.
Option A(Blue): Bitcoin will reach the 50% fib at 22,521 and if the level holds we could see a retracement back to highs and potential newer high of 36.6k level. Which marks major supply for #btc.
Option B(orange) : Bitcoin could see a steeper retracement towards the 61.8-78.6% golden ratio on the fib. The prices are 21k-18.9k and see a strong pullback to the supply zone of 36k.
Note: These are technical analysis based on probability and is not 100% accurate. Please do your own research before investing.
Bitcoin on way towards 31kBitcoing trading in bullish flag pattern and it is trading in range since 24 hour, very soon breakout can take place,, which can make clear way towards 31k for Bitcoin Darling. Right now it is trading at 30168 start accumulating from current levels to 29900 and keep stop loss at 29675 and we can see targets above 30500/30750/30950+, Price is above 200 EMA, which is a sign of bullishness. So this will be best risk and reward trade in BTCUSDT.
Note:- Please follow strict stop loss.
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BTC/USD - Weekly OverviewThe world’s largest digital asset is facing consolidation for the past couple of weeks. On the technical chart, it has formed a consolidation range between FWB:27K to $29K.
Within the consolidation range, the price level is having support from the middle basis and resistance from the upper line as well. An opposite move could be a significant momentum signal.
The RSI level is showcasing negative nature (55.85), which means that BTC might again test the support present on the middle basis.
The level of consolidation could be identified through Historical Volatility which is currently just at 7.52.
Overall, Bitcoin needs to break above $30K and then $32K to resume its bullish momentum. On the contrary, if the profit booking momentum kicks in, it will have support at FWB:27K and FWB:25K , respectively.
Go Long in BTCUSDT ( Bitcoin) Target 28500+Bitcoing trading at support zone, and this is the best entry point to go long for target 28500+
MACD is gonna to support and will give bullish crossover anytime.
All indicating a bullish reversal from this price, so accumulate from current price 27695 to27550 if you got, otherwise take position from current price and go long for targets given on Chart.
Please follow strict stop loss.
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Thankyou.
BTC/USD - Weekly OverviewThe world’s largest cryptocurrency is now eyeing to break above the crucial mark of $30K. In the past week, BTC did face profit booking momentum which forced the price level to drop to $26.5K.
However, the level bounce-backed and currently maintains sustainability above 0.236 FIB level, which is a positive sign
The expansion in the width of Bollinger bands suggests that BTC might be ready for another potential upside.
For breaking above the $30K mark, the RSI level must sustain above 50 but currently showcasing negative nature.
Overall, BTC bulls will face resistance at $30K and $32K. On the contrary, if the profit booking momentum again kicks in, support levels can be placed at $27K and $25K.
bitcoin major support , major resistanceremember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
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BTC/USD - Weekly OverviewThe world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level.
However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level.
The RSI level also showcased its negative nature while residing at the level of 36.72.
Overall, the support levels for BTC can be placed at $26K and $24K. While the resistance levels can be placed at $30K and $32K.
If bitcoin doesn't follow this , these are some supports level Bitcoin close the weekly candle above the $25,000 key level. We will see a last wave toward the $29,000-$32,000 resistance level. You can start booking profit or increase your stop loss as we might see a test of the $25,000 level in the coming weeks.
if btc doesnt close above $28700 then the reversal patterns for price action start to perform and bounce back previous week price.
do your own research
this is for educational purpose and mention your comments and opinion below
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