Bitcoin Is Solid & Strong
Yes! Bitcoin sideways has been activated with a little bearish tendency. Bitcoin has been moving lower while consolidating since it hit a peak on the 26-June... Ufff, time does not fly...
So Bitcoin went from ~$3,200 all the way to ~$13,900 in 6 months...
Since June until today Bitcoin moved from a peak of $13,880 to a strong $10k......
If you followed my recent trade ideas for Bitcoin (BTCUSD), you are aware that we were expecting this drop and went SHORT short-term. Multiple signals were pointing to a drop, namely:
BTC moving below EMA10.
Peak hit on the 6-Sept.
Bearish indicators.
Altcoins market time to move up.
You can see all the details by clicking on the image below:
Now,...
Ethereum is preparing for its next strong direction move as the second largest cryptocurrency by market capitalization consolidates around the $245.00 level. The cryptocurrency may target the $330.00 level if can rally the ETHUSD pair above the resistance $280.00 level. Sellers could target the $190.00 support level if the ETHUSD pair falls below the current...
Ethereum / USD Short-term price analysis
ETH has a neutral short-term trading bias, with the cryptocurrency falling back towards its 200-period moving average on the four-hour time frame.
The four-hour time frame continues to show a valid head and shoulders pattern, with bulls failing to negate the bearish pattern during the latest rally in the ETH / USD...
TRON / USD Short-term price analysis
TRX has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows the presence of a head and shoulders pattern with the TRX / USD pair edging towards the neckline of the bearish pattern.
Technical indicators on the...
LTC / USD Short-term price analysis
Litecoin retains its bearish short-term trading bias, with the LTC / USD pair still trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing that the LTC / USD pair is correcting back towards trendline resistance after finding strong technical support from the $65.00...
BTC / USD Short-term price analysis
Bitcoin has a bullish short-term trading bias, with buyers regaining control of the BTC / USD pair and moving the number one cryptocurrency to a new 2019 trading high.
The four-hour time frame is showing that the inverted head and shoulders pattern has reached its overall target, while the bearish head and shoulders pattern on...
With the genesis cryptocurrency being the trend setter for all alt coins, bitcoin finally made a higher low today after falling into the $7900 range (post the $5500 fall). Bitcoin making higher lows is a VERY important bullish indicator for the cryptocurrency market. Price action follow fibonacci almost like a guide. Long term retracement can be seen at the 23.6%...
PAWSWAP Crypto Witnesses A Bullish Reversal!
PAW is a vibrant ERC-20 token that is a cornerstone of the PawChain community. It's not just a cryptocurrency; it's a key player in the PawChain ecosystem, supporting transactions and steering community governance.
Moreover, This token is on the brink of transformation, set to shift from its ERC-20 roots to become a...
Pepe Crypto Rebounds From 50 day EMA!
Pepe crypto has stabilized near the 50 day Exponential moving average and bounced back to the higher side. The crypto made a breakout of a trendline resistance marking an end to its correction phase. The weekly gain stands around 15% despite the weakness in the broader market weakness.
Pepe enjoys being the 23rd...
Can NEAR Protocol Look For A Bullish Reversal Or Continue to Plunge?
The Bulls Initiated a recovery after the NEAR price Slumped Below the key 200 day EMA.
The daily NEAR/USD chart reveals the formation of an interesting bullish chart pattern.
On a bullish note, the NEAR protocol could rise over 35% if the price surpasses the recent hurdle of $5.75.
NEAR...
BITCOIN Urgent Weekly Chart Update
Weekly Chart Analysis:
Order Block (OB) 1: $42,000 - $38,000
First Fair Value Gap (FVG): $47,557
Order Block (OB) 2: $28,000 - $26,400
Second FVG: $33,802
Potential Scenarios:
We could see a fill of the first OB and FVG before a new upward rally.
Both FVG and OB are in the discount zone, increasing the likelihood of hitting...
BITCOIN Urgent Weekly Chart Update
Weekly Chart Analysis:
Order Block (OB) 1: $42,000 - $38,000
First Fair Value Gap (FVG): $47,557
Order Block (OB) 2: $28,000 - $26,400
Second FVG: $33,802
Potential Scenarios:
We could see a fill of the first OB and FVG before a new upward rally.
Both FVG and OB are in the discount zone, increasing the likelihood of hitting...
Hi friends,
If you observe the recent behavior of USDT dominance (USDT.D), it bounced back and touched 5%, but now it has clearly formed a double top pattern, which is a bearish sign. Additionally, the RSI is declining, supporting our bearish scenario. Whenever USDT.D falls, the crypto market tends to rise, and BTC often rallies. These two are inversely...
The price once had a 50% growth in May 2024 from $2.73 to $4.22. The shift in the wind gave control to bears in June, and deterioration began.
Despite the fall, In the last 24 hours, the price has shown some positivity, as the volume surged 3.25%, amounting to $401.055 Million, and the WIF price surged 2.33%, where it last traded at $1.7990.
In the last 48 hours,...
Akash Network (AKT)
Akash Network is at the forefront of a transformative wave in cloud computing, challenging traditional services with its innovative, blockchain-based, open-source cloud marketplace. This platform promises enhanced speed, efficiency, and cost-effectiveness.
In the latest market update, Akash Network's cryptocurrency experienced a near 4% rise...
The cryptocurrencies global market cap has surged by 1.05%, and it currently stands at $2.40 Trillion. The Ronin (RON) is among the top 100th preferred list in terms of market cap, it ranks at the 88th position on CoinMarketCap.
The RON price has shown a resurgence possibility from the $2.20 price mark, exhibiting an 1.45% intraday growth on the daily chart, with...
HBAR, the core cryptocurrency of the Hedera Hashgraph network, constitutes 71.52% of its total 50 billion coin supply in circulation. The market cap is currently valued at $2.985 billion, having risen by 2.34% within a day, while trading volume has seen a 41.97% decline to $46.227 million. A 24-hour volume-to-market cap ratio of 1.56% suggests lower liquidity,...
