Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2967.02).
. 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 everyone this chart technically measured and filtered by team INFINITYIV.
LEVELS FOR WEEK MENTIONED BELOW…LIKE TO UNLOCK LEVELS.
POSITIVE:-
1. PCR.
2. Good GST COLLECTION.
3. RELIANCE BULLISH.
4. Ppl seem to buy on deep
NEGATIVE:-
1. World market closed negative.
2. Crypto currency’s too.
3. FII is in selling mode.
4. RUSSIA UKRAINE situation.
5. Rising...
A nice bet in crypto can be the Ripple coin. As it has not formed a new LOWER LOW.
The coin on seems to hold the support level of 0.585 on weekly basis.
The coin has been in a bearish trend and signs of trend reversal are there.
Ripple had made an equal and if it break the previous high convincingly a bullish momentum is possible.
On weekly analysis, coin is...
Bitcoin doing what it should do.
Getting ready for another rally from the bottom of the channel.
Immediate resistance is 50 SMA.
If this channel is maintained then we are all good.
Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level).
It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500.
On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of...
Bitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies.
I've drawn multiple scenarios for reversal without having an ambitious target like...
Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels.
On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over.
It can retest its 20 ema on 4 hour time fame and fall...
wait for confirmation at important level atleast in 4hr and 1D timefram, take trade accordingly. Provided that, also go through long short ratio, cuz Whales always tries to liquidate retailers by taking opposite trade,
... suggest commodity/crypto for analysis, in comment
At the moment key events are taking place, in case of further price consolidation at the current levels, chances for the continuation of the current growing trend will increase significantly, the key resistance level is 5911072 (its test took place on April 3, 2022). Impulses formed from the upcoming consolidation will be an additional confirmation of the idea of...
At the moment key events are taking place, in case of further price consolidation at the current levels, chances for the continuation of the current growing trend will increase significantly, the key resistance level is 5911072 (its test took place on April 3, 2022). Impulses formed from the upcoming consolidation will be an additional confirmation of the idea of...
Aioz Network (AIOZ), a content delivery network that distributes bandwidth while lowering costs, has also been added to Coinbase's platform.nAccording to the project's website, it is fully interoperable with the Ethereum and Cosmos blockchains, as well as capable of providing instant finality and low transaction fees.
Aioz Network initially soared 38.4 percent...
#ETH moved as said, price corrected in short-term as triangle pattern below below. Price took a bounce from the major support level of $3248 and now trying to break through the strong resistance zone. 4H TF candles are closed above but from strong bullish sentiment, we need to see a daily candle closing above.
Total 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till...
Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in...
ETH is trying to break the $3417 resistance area. If ETH able to break the $3417 level and give a candle above it then we see a move towards $4000. The support is $3248- area we might see a retest of this level if ETH rejected from here.
