Bitking786

Bitking786 Updated 

Technical analysis: #SHIB(Daily update) * SHIBUSDT is BREAKOUT the falling wedge pattern, the beginning of an uptrend is expected from here. *The price is trading ABOVE 21- MA as well as 50 MA, LOOK too bullish when ever its trade above the both MA's as well as downtrend. Take Profits, TP1= @ 0.00003131 TP2= @ 0.00003920 TP3= @ 0.00005019 TP4= @...

Bitking786 Updated 

#dot(Welcome to this quick update everyone) Trading suggestion: In Daily timeframe Chart, Once Again Bulls Are Back in Town, Daily MA21 got Cleared & turned into Support. At the Moment, bulls will try testing the Key Horizontal Resistance 17.92, If Daily Candle Closed Above the 17.92(Daily Resistance), Next Would be 26.29 then 39.39. In Case of Rejection, dot...

Bitking786 Updated 

#BTC (weekly update) Technical analysis: Hello everyone, welcome to this quick update:- For the First time Since April 2020, After 8th consecutive Weekly Candle Closed above the 50 WMA now Bitcoin weekly closed Below the WMA50 & Lowest Weekly Close of the Year As well but its bear trapped, btc bounce nicely after the closed and btc again above the 50 WMA which is...

Bitking786 Updated 

#BTC (weekly update) Technical analysis: Hello everyone, welcome to this quick update:- Once again, Bitcoin Bulls Regained the Weekly EMA50 (Key Support) ✅ At the Moment, Bitcoin Bulls testing the Weekly EMA21 ($39480), If EMA21 got Cleared, Next Stop would be 50k. In bearish Case, If Bulls lost the EMA50 ($34400), Bitcoin Might Retest the 30k Support...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Let’s be honest, after such a huge upswing (+50%) $BTC needs at least a small correction as well as RSI did not retested it breakout downtrend, so RSI is also need to be retest it breakout trendline. Yesterday we faced the major resistance at $40,500 and couldn’t break it....

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Once Again Bitcoin Bulls Are Back in Town, Daily MA50 got Cleared & turned into Support. At the Moment, Bitcoin bulls are testing the Key Horizontal Resistance 41k, If Daily Candle Closed Above the 40 .6k(Daily Resistance), Next Would be 46-48k Resistance Area . Let’s be...

Bitking786

#ETH (weekly update) Trading suggestion: ". There is a possibility of ABC correction retracement done ready for Major Wave3 on the board." ". if it will break 21 WMA then ETH could start its new really from here." Technical analysis: . ETHUSDT is try to break 21 WMA, and the beginning of an uptrend is expected. . The price is touched the 21-Weekly MA, which acts...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Once Again Bitcoin Bulls Are Back in Town, Daily MA50 got Cleared & turned into Support. At the Moment, Bitcoin bulls are testing the Key Horizontal Resistance 41k, If Daily Candle Closed Above the 40.6k(Daily Resistance), Next Would be 46-48k Resistance Area. In Worst Case,...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Falling WEDGE upside Breakout Already Done ✅ Finally, RSI Indicator Broke the 7 Months Downtrend ✅ bitcoin sentiment is turned into buying on dips mood, Bitcoin could break to the 50 DMA. This level may attract selling from the bears but if bulls can overcome the resistance...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Bitcoin was breakout of the Falling Wedge1 and Falling Wedge2 and retested done & still maintain Above the Major Daily/Horizontal Support (31k to 28k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here but The price didn’t...

Bitking786

Technical analysis: #matic(Daily update) * MATICUSDT is moving in falling wedge pattern, the beginning of an uptrend is expected when it will break falling wedge upside. *The price is trading BELOW 21- MA as well as 50 MA, NEED to breakout both MA's as well as downtrend to be bullish . *MATIC is now testing the major support zone. MATIC need to hold above $0.75...

Bitking786

#BTC (weekly update) Technical analysis: Hello everyone, welcome to this quick update:- For the First time Since April 2020, After 8th consecutive Weekly Candle Closed above the 50 WMA now Bitcoin weekly closed Below the WMA50 & Lowest Weekly Close of the Year As well. So far Bears Looking Weak & Bitcoin is Still Moving Above the 30k Horizontal Support Area as...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Bitcoin was breakout the Falling Wedge2 and Falling Wedge1 and retested done & Above the Major Daily/Horizontal Support (31k to 28k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here but The price didn’t manage to break the...

Bitking786

#BTC (Update) Technical analysis: Hello everyone, welcome to this quick update:- In Weekly Chart, Nothing Has Changed, Another Weekly Candle Closed Above the WMA50 (31880)..!! 8th Consecutive Weekly Candle Closed Above the WMA50 ✅ So far Bulls Defending the WMA50 (31880) But If Weekly Candle Closed Below the WMA50, Next Stop would be 24k.. If Bitcoin Remains...

Bitking786

Technical analysis: ALTCOIN MARKET CAP UPDATE: The current market situation is baffling, TBH, its a mess and lots of FUD. Anyways, here's an update on the ALTMCAP (TOTAL2). On 12th May 2021, we saw the Total2 reaching its highest point at $1.418 Trillion, and from that point, within 11 days it dropped to $619.6 Billion. It was a huge blow on everyone's face as...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Bitcoin is Still Moving inside the Falling Wedge2 but Falling Wedge1 breakout and retested done & Above the Major Daily/Horizontal Support (31k to 29k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here.. RSI (Relative...

Bitking786

Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Apart from todays movements let's look back at a higher time frame. (I've used the line chart instead of candlesticks because of all the wicks , they're just noise for considering this deviation) We can see a series of lower lows formed by btc while rsi is steadily moving up...

Bitking786

#BTC (Update) Technical analysis: Hello everyone, welcome to this quick update:- In Weekly Chart, Nothing Has Changed, Another Weekly Candle Closed Above the WMA50 (31427)..!! 7th Consecutive Weekly Candle Closed Above the WMA50 ✅ So far Bulls Defending the WMA50 (31427) But If Weekly Candle Closed Below the WMA50, Next Stop would be 24k.. If Bitcoin Remains...