At the moment investor sentiment is on the very optimistic levels and the upward impulse from September 21, 2021 is formed, which increases the chances that the quotes will go into a local correction. The targets are not clear yet, they are around $50,600.
Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing...
The key resistance level in bitcoin is 58.283. Most likely, we will see a bounce from this level and going into a local correction, which will not change the main upward direction.
Altcoins:
We highlight TRON and HIVE as the most promising coins to develop a sustainable rising trend. (the idea is confirmed by local growth impulses)
We also see high growth...
Our expectations regarding the formation of a false breakdown are confirmed by the impulse growth. At the moment the price is consolidating before the continuation of the ascent of quotations, investor sentiment is at neutral levels. The key resistance will be at 5.579.000, its overcoming will open the way to the new targets.
Altcoins:
We highlight TRON and HIVE...
Zig-zag shaped correction from 07.09.2021 - 21.09.2021 with a high probability ended with a false breakdown from the level of 43.000$, the pessimistic sentiment on the price lows confirms this idea. Further we expect a hike to the $50,000 level with further overcoming it.
Altcoins:
We highlight TRON and HIVE as the most promising coins to develop a sustainable...
The key level of 42.800 has been broken through. With a high probability this very level will be the impetus for further growth of bitcoin . The general trend remains growing, in our view, the continuation of strengthening of quotations is only a matter of time, impulsive unidirectional growth waves will confirm this idea.
Alts:
We single out TRON and HIVE as the...
Correction that started on 10.08.2021 takes the form of a diverging triangle, which indicates a clear interest of buyers. The growing trend continues, there are no signs of trend reversal, the next important resistance is near $58,000. When this target is reached, growth may slow down and go into correction, then we will follow the development.
Altcoins:
We...
Hello guys i had find this setup in btc/usd which is forming good buying setup in 4h timeframe and sl at swing low and target the above channel resistant which i mentioned and before taking any position plzz do our won analysis if you like my setups like share and follow thank you
End of the month is always a tumultuous time in trending markets. Fund managers look to review their positions and take some profits off the table. BTC/USD also had to contend with some FUD this past week regarding regulation in the US.
Two successive daily closes reclaiming the 23.6% Fibonacci retracement level indicates that, for the moment, bulls very much...
Dear All ,
BTC/USD is Looking Weak As Per Wave Counts ! After Completing 5-Wave 3.70% Impulsive Structure , It has undergone A 5-Wave 3.70% Corrective Structure !
Recently , It has given A Break-Down Below Descending Triangle & Should Come towards 5th Wave & Complete Structure !
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view...
The BTC/USD pair after a great spike is currently in a correction mode.
It is forming a descending triangle pattern and break out below support levels will validate the pattern.
Hence we suggest traders to take a short call only after a break out below the support level of 5890.
According my analysis BTC USD chart shows 5 point elliot wave has completed and now we are in and ABC pattern which will indicate the change in trend....Slowing of the downtrend and possibly trend reversal.
It has been also confirmed with the higher lows and major support at 6800-7200 levels.
Tell me what you guys think.
