Bitcoin's lifetime Fibonacci Lines & DiaryBitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies.
I've drawn multiple scenarios for reversal without having an ambitious target like bitcoin maximalists or Cathie Woods. It's possible but not anytime soon.
Stick to entering your positions on any resistance line that could potentially become support.
And stay away from scalping for a few weeks :D
Ethereum (Cryptocurrency)
Ethereum trading view for next week 11/04/22Ethereum has streched for contunues week
and changing the trend near the support
level.
Its taking support from the 20 ema on a
weekly time frame.
The price has tested the
support and has given a upmove.
On daily time frame too there is a bullish
momentum in the price as its taking support
from 20 ema and has given a cross over in
the moving averages.
Ethereum can run either side as its trading
between 20 and 200 ema on 4 hour time
frame.
Support :- 3100, 3020, 2950
Resistance :- 3434. 3675
It has support near its trading price and can
reverse form the support.
On a short time frame there can be a
resistance at 3320.
So wait for the price action near the levels
before trading the coin.
Ethereum gives a nice breakout of "W" Pattern.Ethereum has streched for contunues week and changing the trend near the support level.
Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove.
On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages.
Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame.
Support :- 3100, 3020, 2950
Resistance :- 3434, 3675
It has support near its trading price and can reverse form the support.
On a short time frame there can be a resistance at 3320.
So wait for the price action near the levels before trading the coin.
Bitcoin forming evening star.Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels.
On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over.
It can retest its 20 ema on 4 hour time fame and fall further.
Support :- 42100,41380. 39790
Resistance :- 43010,44550, 45600
Supports may be breached once the price trade below the levels and sustain.
Bitcoin has streched and can come futher down to test the levels
Wait for the price action near the levels before trading,
Falling market could be apportunitywait for confirmation at important level atleast in 4hr and 1D timefram, take trade accordingly. Provided that, also go through long short ratio, cuz Whales always tries to liquidate retailers by taking opposite trade,
... suggest commodity/crypto for analysis, in comment
#eth scalp zone 1 hr TF with sup. & resis#ETH moved as said, price corrected in short-term as triangle pattern below below. Price took a bounce from the major support level of $3248 and now trying to break through the strong resistance zone. 4H TF candles are closed above but from strong bullish sentiment, we need to see a daily candle closing above.
Market Exit- Short termTotal 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till then, I expect $BTC to reach 51-52k mark and retrace back up to 45-46k (which should hold, if not it will go back to 30-34k and may be much lower)
#cryptocurrency
CRYPTOCAP:TOTAL2
BINANCE:BTCUSDT BINANCE:ETHUSDT
SOLANA: Is it the starting of a stormy wave 3 ?Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in the third wave for a new all time high.
LUNAUSDT-->CUP AND HANDLE BREAKOUTBINANCE:LUNAUSDT
TECHNICAL ANALYSIS
--> LUNAUSDT is on the verge of breaking out of the CUP AND HANDLE Pattern.
--> LUNAUSDT is being sustaining above POC (Point of Control-Volume Profile) making higher high's.
--> LUNAUSDT is about to break its ATH as well.
ENTRY
--> Take a postion when LUNAUSDT gives a daily closing above $105.
STOPLOSS
--> SL can be placed below the Breakout Candle .
TARGET
--> Projected Target is the Depth of the Cup.
Bitcoin near resistance level.Bitcoin has been respecting the resistance level of 44500 and is just below the 200ema.
On daily chart frame,the chart pattern formed near the resistance level will help is confirmation of the movement of the price above or below the resistance levels
The bitcoin is forming a ascending triangle chart pattern on a bigger time frame.
Support levels :- 41980, 37700
Resistance levels :- 44500, 45800
Wait for the candlestick chart pattern to be formed near the zone to find the movement in bitcoin.
ETHUSD Ascending Triangle !Ascending triangle pattern formation on ETH on a 15min timeframe ! Target should be around 3170 $ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
Ethereum Price will be increase - Upto 3200$Ethereum price is recently dropped due to Ethereum Supply is exceeded and also everyone ready to pay the tax for government. So most of the members selling crypto . So price also yesterday little bit dropped . But it will be increase Within 2-3 days Maximum will be reach price is 3200$ .