BTC might see a strong sell-off and you can make a profit from this fall
REASONS -
1 breakout of a descending triangle and taking a retest
2 facing good resistance which is also supported by the volumes
3 overall the market sentiment is weak and tomorrow the fed will announce the rate hike
PROFIT the profit could be booked when it takes the support of the trendline
When the BTC was at 65k this needs to take a rebound and that is till 18500
Now just bought it and hold your socks
Put Target 100000
Date : 23rd June 2024 !!
BUY ALL CRYPTO NOW !!!!!!!!!
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 .
ETH has given an uprun now will consolidate for a while round 1856 and then can go down to around 1824 and then a uprun can be seen to till 1940 or up.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1879.66).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 30.
This is the movement after writing the analysis...
Bitcoin trading in a descending triangle formation after fall.
It has been consolidating in a range after failing to hold its 20 ema on weekly chart.
Bitcoin has recently tested its weekly 200 ema has is consolidating just above it.
There is a resistance and a support which has been tested many times and once broken can give nice targets.
Support :- 27100,...
Bitcoin has eight consecutive negative lines on the weekly line, and the long and short are waiting to break through
Last week, U.S. stocks hit a new weekly low, reaching seven consecutive negative lines
Eight consecutive negative lines recorded in the 1970s and 2002
Emerging market stocks generally rebounded, European stocks fluctuated
Bitcoin fluctuated with...
Based on weekly chart, we can see ETH still in Bearish phase. if the market close down from the blue line . you can take entry in bearish view
In the Weekly time Frame is it forming Head and shoulder pattern .
In my personal opinion, ETH is in Indecision Mode both MACD and RSI are Not in oversold Zone .
Support levels
- 2056
- 1701
Resistance levels
- 2783
- 3107
Ascending triangle is forming in 4hr time frame.You can decide long/short based on the direction in which the triangle breaks out. Make you to book your profit at the resistance and have a stop loss accordingly.
The U.S. just announced the monthly rate of retail sales in April, recording 0.9%
It hit a new high since January this year, in line with expectations;
The previous value was revised up from 0.5% to 0.7%
After the data was released, the market fluctuated little in the short-term
Consumers will shift from goods to services such as travel and entertainment
Demand...
Fundamental Development
The Brazilian Stock Exchange, B3, is set to launch its first official crypto-related product within the next six months, André Milanez confirmed in a conference call on Monday.Milanez, who is the group’s chief financial officer, said B3 plans to launch “Bitcoin futures in the next three to six months." The details of the product are still...
