In above chart, We can see a trend line acting as a support and resistance for about a year. Above trend line acted as support for about 4 times. After price broke out of trend line now the price is going for a retest. Thus we are going to see more downside in price
After a tough consolidation BTC is here making a falling wedge, about to take off!! This consolidation is near a major resistance so that makes it even more important. lets hope it gives a relief rally to all the BTC fanboys out there!!
some bears are ready to pull you down be ready
if we see the price is falling due to sell pressure
but if we check the volume that is decreasing too means the buyers in the market are not interested to trade at current levels
which make the reversal more difficult to occur
hence i feel the price will fall more in short term and we can see some more levels down...
As mentioned in comments of my previous idea, Btc daily chart has formed a rising wedge pattern which usually breaks down. At around 22400ish will be the support level to watch. If that holds on daily the original target of 28850 will be intact. If not, the support of 19150ish may be tested.
we are able to see the momentum for sell and it is going for the sell and has reached the point which it did not reached from last 22 years so the value of GBP pair is decreasing day by day and still we can see a downward movement in it from here till 98 pips down for now and mush more if the point is been crossed which we labeled as target point and if its get...
Over the past week, Bitcoin has formed a rising channel pattern, indicating that positive momentum is building up. After consolidating between the price range of $18K-$22K, the price level had a positive breakout above the resistance level of $23K and sustained it as well.
The positive crossover of MA-10 against MA-20 is another bullish signal currently present....
VeChain (VET) Price Prediction 2022
VeChain holds the 37th position on CoinGecko right now. VET price prediction 2022 is explained below with a daily time frame.
The above chart of VET laid out the horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper...
I know ,I may be sound stupid to you but I feel bitcoin bottom is still due. I think bitcoin will fall down in five legs after $29.3k to a new low around $10.7k.
On Daily Basis:
BTCUSD (Bitcoin) is proving to be correct and it is gradually moving up after forming a bottom of 17600. Gradual up move is generally not the correction but base formation after completion of bear cycle. All adverse news is absorbed like Voyage Digital, 3 Arrows hedge fund and Luna which is an indicator of base formation before a meaningful Bull...
