Today as we can see IN bitcoin price there is an resistance range between 28269- 28861 and a strong support zone is in between 26986-26807
SCENARIO 1
If we see a strong breakout above 28800 then only we should buy
SCENARIO 2
For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back.
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BTC has bounced from 18k for the 5th time. This to me seems is a very positive sign, considering it has bear the brunt of all the bearish factors we've been having lately.
With inflation coming down, and the paranoia of war somewhat settling down, macroeconomic factors seem to be getting better, for now.
I'm slightly bullish, at least in the short term as long...
From last Rejection at 30000 BTC fell to the support level around 28750, corrected between the Fibonacci levels , sellers are gettting the control slowly. There is raising wedge forming on 1 hour time frame so most probably we can see a BTC further low might be the lowest.
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...
As GALA is listed since september and i am analysing in just after one month no proper pattern i could realise but yes, fib retracement is working and charts are respecting it
Levels mentioned in chart !!
While looking at the Dogecoin weekly chart, it has a resistance of $0.0107 with the support level of $0.0061. The price is currently hovering near the resistance level and struggling to give a breakout to form a bullish trend again.
Concerning the Moving Average Convergence Divergence (MACD), the levels intersected the signal line on Wednesday's trading session...
#SAKSOFT
NSE:SAKSOFT
Saksoft Ltd.
CMP: 353.30
Target: 454 ++
Time Frame: <2 month.
Breakouts better than all others!
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Technical analysis:
. ZILLIQA/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015000 to 0.00013880). if so, traders can set orders based on...
Bitcoin Hit the all time low again last week , right into the support zone and then a quick clean bounce off the 7000 mark , the 50MA has flattened and there is sense of a rally to the 200MA. Great time to buy Long/Medium term.
LTC has been in correction mode for the last week or so with further down time expected towards its support at 35 USD. Its not yet clear how much of an impact a UAHF will have on LTC. Its move breaking the triangle formation will determine its semi-long term movement.
