BTC continues to be trapped in the ongoing tussle between bulls and bears. Even after its recent breakdown to make a recent low of 28.8K, bulls showed an impressive buying strength from that level to close the last weekly candle at $34.7K, it recovered ~20% from this low. It formed an indecisive candle with a long lower wick that shows strong accumulation in the...
BITCOIN SUPPORT 33525 RESISTENCE 35788 LONG IF REVERSE FROM 33500 OR ELSE SHORT TILL 32350 last 5 red candles quantity is very less as compare to 4 previous green candles. UPTREND.
PATTERN WILL FOLLOW. BUY NEAR SUPPORT FOR SOME 400-500 DOLLARS GAIN
Theta aims to decentralize video streaming, data delivery and edge computing ecosystem and is on a mission to make contemporary video streaming more efficient, cost-effective by means of an inclusive monetization model whereby viewers receive better quality streaming service, content creators enhance their earnings and video platforms save money on building...
Bears continue to dominate the crypto markets as almost all the major crypto assets fell by more than 7% in the last week. BTC formed a weekly bearish candlestick pattern with ~ 9% decline, also, BTC witnessed is its 6th consecutive week of institutional outflows. However, it is still holding the $30-$31K support zone and at the time of writing, BTC is trading...
Due to the formation of a symmetrical triangle pattern we may expect a breakout in a few hours or days. There is many chances for a breakout to the upper side but there is a little possibility for a breakout to the lower side of the triangle
Due to the formation of a symmetrical triangle pattern we may expect a breakout in a few hours or days. There is many chances for a breakout to the upper side but there is still a little possibility for a breakout to the lower side of the triangle
LUNA is the reserve currency of the Terra platform. The Terra protocol is a Proof of Stake (PoS) based blockchain wherein the miners are required to stake their Luna tokens to mine transactions. As the probability of a validator being able to mine the next Terra block is directly proportional to the staked Luna tokens, Luna holds key importance in the Terra...
BTC witnessed a volatile last week, from its low of $31K to close the week above $39.3K. On the weekly TF, it gained by ~9% and formed a Hammer candlestick pattern which depicts reversal is on the cards, mainly backed by positive news from El Salvador which have adopted BTC as a legal currency. At the time of writing, BTC is trading slightly above $40K. Bitcoin...
On a weekly scale it should still continue going down, but do the whales have another plan in mind?
BTCUSD is looking for long opportunity after DXY seems weak across the board & GOLD crashing this will play a big impact on cryptocurrency & expect to reach at the top after having descending channel formation on 4h & has forming consolidation to the continuation to the upside.
Ethereum is one of the most accumulated and stored cryptocurrency in the world. Ethereum is always a hot cake and now it is showing the signal with respective to technical analysis that it is about to pump .
Basic attention token is in Ascending triangle ~ swing trade (long) phase.
ALGO formed a Ascending triangle. if BITCOIN is in raising stage then ALGO will be one of the cryptocurrency to give good returns.
MATIC after good fall >> Looks BO coming Keep On watch buy above 1.47, with strict SL 1.35
SUSHI >>> LOOKS TRIANGLE BO .... IF BO SUSTAINS, GOOD FOR ENTRY ...(NEAR ~10.1) TARGET 10.5 & 11.1 SL 9.1 ============================= NOTE :- STRICT SL TO BE MAINTAIN IN CRYPTO TRADING ALWAYS PUT - TAKE PROFIT & STOP LOSS IN YOUR TRADE
Hello, $BTC is currently trading around $36600 range and is a consolidation phase. Lots of backorders must have been placed in this range for both the sides. - If symmetrical Triangle breaks to the upside with strong volume behind it, then we may find three targets around $42000, $47000, and $54000 - If it break downward, then there is not much support on the...