$BTC last 1D close and last 4H close both bearish pin bar, current weekly not looking good at all awaiting close. If break $19,894-$19,535 Key areas to watch will be $19,003, $17,999, $16,005, $14,019
Fundamental Development:- 126% return for stock market short-sellers who smelled blood in crypto waters
Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector "held a candle” to the block chain industry, with crypto company short-sellers profits up 126% in 2022, according new data., technology and data...
$BTC Continues to range between given range, last 4h close not looking good with bearish pin bar, yesterday's 1d close with bearish engulfing if played out we can see $19,535 test shortly, currently moving in oversold region $20,812 resisting. Watch given support
ETH/USDT
We have to see the market on long time frame.
Buying zone of #ETH $ 850 ~ $ 950 .
If we can catch there, next few months will be comfortable .
Follow @space-z .
Fundamental Development:- XRP was trading at $0.33748 . on the Investing.com Index on Thursday, up 10.04% on the day. It was the largest one-day percentage gain since February 25.The move upwards pushed XRP's market cap up to $16.24440B, or 1.70% of the total cryptocurrency market cap. At its highest, XRP's market cap was $83.44071B.XRP had traded in a range of...
$BTC Given $19,894 support held, $19,894-$19,535 support area remains in effect here. $23,197 acting initial resistance as expected. Possible sideways range forming $19,894-$23,197. $21,299 current support. Gave your $19,894-$19,535 support area to watch over a month ago on May 10th😎.
$BTC retesting $20,812 support watch it👀, last 4h close not looking good. Current 4h representing fakeout watch given support areas, still no sign of strong support.
it seems like 2024 3-4th quarter will be the next bull start with all the current geopolitical affairs and inflation control measures and bottom near 9k..... then will lead towards 200000 - 2,50,000 hoping bitcoin ETF by then, till then keep accumulating specially XRP if law suite finishes as it was more then ETH but due to lawsuit it is on lower position but...
1. BTC is in downhill as indicated in the earlier study of HS
2. We are at first AVWAP support level drawn from Jun 2019 at 20669
3. The H&S study shows, bitcoin can go as low as 14800 which also coincides with another AVWAP support from highs of Dec 2017.
4. This is great value zone and lot of contrarian will get active in this zone stabilizing the btc price.
5....
The world’s largest cryptocurrency has again fallen in the hands of bears as BTC has slipped below the crucial support levels of $28K, $26K, and $24K respectively. The magnitude of downfall is around -15% on the 24H-timeframe. The primary reason behind the sharp downfall is said to be a global selloff fueled by the fear of inflation, the prospect of recessions in...
Seems like worst is not over. Breakdown below current levels will confirm a #DoubleTop breakdown. Leave about targets. Its high time to say bye bye to bitcoin at all cost. Next accident could be harsh than one can think of.
$BTC On $24,690 support, weekend daily closes bearish, Last weekly close with bearish engulfing. Warned on Jun 07 about bearish pin bar on weekly close which was followed by the recent drop. Watch $24,129, $22,379, $21,299 & $19,535. For initial resistance from here watch $27,478. Gave these support areas on May 10. RSI below 30 on weekly, on daily at 28.35, 4H at...
Currently it's at the 200 weeks EMA. Let's see if it holds. The next lower level will be around 19000s. The support shown on chart. The 28800 which was support, has now turned into resistance. If, any bounce, it will be limited to that resistance. If it breaks the 200 weeks EMA, that's gonna be the resistance as well.
Fundamental Development:- Cryptocurrency lending firm Celsius Network will pause withdrawals and transfers between accounts due to "extreme market conditions", the company said on Monday, in the latest sign of pressure in the crypto industry.Bitcoin extended earlier declines after Celsius's announcement, falling more than 6% to as low as $24,888, an 18-month low....
There is a decent chance we might be here
We are in the process of bottoming yes, but when shit hits the fan this hard, this often can be that process.
NFA. Wud love it, if this post marks the bottom across the board. Never go full redard #SOL #ETH
I am saving my dry powder.
Hello Traders,
Hope you all are doing good!!
I expect BTCUSD to go UP if it corrects here.
Look for your BUY setups.
*This BUY is risky and I am biased only for short term upside, if you dont know how to manage your trade, dont take the risk now and wait for it to break the last low for HPB.
Please follow me and like if you agree or this idea helps you out...
Fundamental Development:- Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year on year.Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%), according to data from Kraken Intelligence...
