The replication of history remains uncertain, yet its echoes can offer valuable insights. In 2018 similar kind of pattern was present and fake breakout trap was follwed by decline in price for more than 70%. May or maynot be this time similar movements will happen but surely something very important moves are in expectation.
Perfect enter to the market after analyzing trend and confirmation got by Doji candle trade was confirmed going down
Consolidation before the break Out/Down, Horizontal Channels are called, Calm Before The Strom Wait for a retest and then enter !
It appears that there is a consensus that Bitcoin is currently surpassing its previous highs. The question arises whether this development is a trap or a genuine trend. It is important to note that there is a bullish trend emerging as evidenced by the price bids reaching a significant resistance level below $27,000. However, for Bitcoin to exhibit a rally and...
As soon as Ethereum breaks the Price: 1930 strong resistance, there is a possibility of a small bull run which can go to Price: 2000 or above. Analysis By at pictures
ETH/USD at 1840. Wave 1 : Starting from 1620 to 1940 Wave 2 : 38.2% retracement @ 1815 If it is deep then we may see 1744. Wave 3: If we consider wave 2 is completed and wave 3 is begun then 2550-2650 is the Target for wave 3 . Analysis by Bharat Kumar on 29th June 2023
There is currently no significant decline in Bitcoin's value through short positions, and there are no substantial offers to sell the cryptocurrency above the price of 35,000 USD.
We would like to take this opportunity to address the current situation regarding the bids for Shiba Inu, particularly those below the value of $ 0.00000681. While the market conditions may seem challenging at the moment, we encourage you to remain positive and optimistic. It is important to note that the potential for a significant price increase in the near...
Based on the current market conditions, it is anticipated that Bitcoin's performance on June 27th will likely remain relatively stable, primarily due to the lower trading volume observed. However, it is noteworthy that there are substantial buying bids within the range of 27,000 to 25,000, which presents an opportune price level for investment. Furthermore,...
Btc facing resistance, formed double top, showing bearish divergence and also clearly formed bearish shark pattern. Resistance area is 1940 and support levels are 1760 , 1690 , 1630. BTC FORMED BEARISH SHARK PATTERN
the important zones for gold prices are as follows: 1942.2, 1868.0, 1796.6, and 1728.0. The average of these zones is calculated to be 1830.2. Based on the current analysis, it is expected that the average price of 1830.2 will persist on the downside for a considerable duration.
Below the 27,000 USD level, the Bitcoin market tends to experience heightened bid support. This implies that there are a substantial number of market participants willing to place buy orders at or above this price level. Such bids create a strong support zone, reducing the likelihood of a rapid decline in Bitcoin's value below this threshold. Lower Downside...
Bitcoin is expected to demonstrate a neutral stance, potentially extending over the course of a week, as a result of reduced transactional activity by prominent market participants known as whales. Nevertheless, it is important to note that the primary trend for Bitcoin remains bullish. The optimal price levels to consider are at 29,000, 28,015, and 26,500.
Considering the prevailing low trading activity in high weightage stocks, it is anticipated that the Bank Nifty index may experience limited fluctuations. However, there is a possibility of a minor bearish trend persisting for a temporary period.
The Rpower stock has exhibited a substantial increase in delivery volume over a span of one month, suggesting the potential for an upside in its market performance.
If we consider the given options for Ethereum entry prices and their average of $1689.7, here is a comparison: 1793.0: This price is higher than the average. If you enter at this price, you are buying Ethereum at a premium compared to the average price. 1724.6: This price is also higher than the average, but not as much as the previous option. Entering at this...
Double top pattern forming at ETHUSDT 4h, look bearish personally, let me know what do you think of the same. DISCLAIMER : Not a financial advice.