Hello Traders,
I am tracking the ethereum on 30m and 4h time frame.
On 30m chart
- Bollinger Band Squeezed
- ema(20,50,100,200) lies in between the Bollinger Bands
- RSI Neutral
- MACD Neutral
From these levels we can get a good trade on either side.
Wait for the breakout or breakdown and enter the trade in that direction, a good small...
btc breakout downwards from symmetrical triangle changing the whole market sentiments
there are two possibilities now if that occurs we can again see btc in green if not btc can go down to lower supports
considering the market cap it is near its last support if it bounce back the market will green back
btc dominance is falling hence some random alt are pumping...
Maybe we are testing the final hope for continuing of bull run. BTC is near its strongest bull run support trend line(the white one).
And guys if it unable to break upside we are interning the 2 year (approximately) of souring era of bear market 😨.
Let's see what will be happening is this week🙄
Everything should be pretty clear from the image but I waited for the trendline to break and the chart used the previous support as the new resistance. The chart also formed a bearish engulfing pattern on the chart which was the second confirmation. The third confirmation was the downtrend momentum on the RSI which was below 50 and that was enough for me to enter...
ICPUSDT facing its strong trend line on November end if its breaks... its gonna shows its potential
If BTC losses momentum we can see the lower red line
- Currently Bitcoin is forming Bull Flag this could be possible Wave B of correction move or this can be Wave 4.
- Either its Wave B or Wave 4 there going to be one more leg upside.
- Target for this move is marked over the Charts.
- Each FIB level is profit booking zone.
