Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42862.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
With high probability there will be a false-break from the level of 4957000 and quotes will move in the ascending direction. We believe that at this stage, the growing momentum and correction from April 2021 is completed, fixing above 5000000 will confirm this idea.
Further we will monitor the situation as there will be a probability of local pullbacks (which...
With high probability there will be a false-break from the level of 42700 and quotes will move in the ascending direction. We believe that at this stage, the growing momentum and correction from April 2021 is completed, fixing above 43000 will confirm this idea.
Further we will monitor the situation as there will be a probability of local pullbacks (which will...
Though Bitcoin appears to be back on the rise, its current price is still a long way off from the latest all-time high it hit in November, when it went over $68,000.
Price in resistance consists Double top pattern
Support is strongly broken
We are waiting for Polbeck to break the support
And by seeing the confirmation candle, we enter the sales position
Purely personal opinion.
This analysis will be updated
soroor gharakhani: soroor13333
date:13.feb.22
(dyor)
Classic price action says that after every successive move there must be a secondary move, 50% retracement must be hit in order to move in a healthy trend. The zone will be well respected and also is in confluence with .5% fib levels.
Ethereum has lost 40% of its value in a matter of past 3 months.
Just like Bitcoin, ETH too has given a Breakout from the Trendline and is currently retracing back.
Piling up of volumes too depict that the journey to the valley may have ended and ETH may soon continue its upward trajectory.
The support to the lower side is present at $2.8K and $2.6K...
Ethereum come down wave c
wave c internal wave 1,2,3,4,5
wave 1,2,3,4 complete
wave 4 retracment wave 3 is 62 % near
I draw trend line channel this chart wave 2nd to 4 rth andle of trend line 19 degree and i draw 4rth to trend line 19 degree bitcoin compelte near the correction
wave 5 interal wave 1,2,3,4,5
We have multiple "early bullish" signals, those that are waiting for confirmation and also some confirmed ones... Let's have a look at those.
Bitcoin ( BTCUSD ) is moving weekly above EMA10 (green) and EMA50 (magenta). This signal is only confirmed once the weekly candle closes above $44,222.
We have a test of EMA100 as support and it holds, this signal has...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42998.04).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
