Well earlier it acted as a support so now it turned into the resistance so just hope for the alts. use stop losses in alts. Not Good For Alts
Once Broken this new resistance will go to higher high. First Target around 1.583 $ Good Coin for 2 month holds
As per the head and shoulder pattern. Its it Goes As Planned Then soon huge alts season will come as per nov. An RSI Is Also Printing Bearish Divergence
Getting Choppy Day bye Day. Volume Is Decreasing every day. and dominance too. We Have To Wait Big Movement Is Coming
What I can see is cupped handle pattern. But there is a lot of bullish divergence in it. It is trading above all the moving average So The Trend Is Upward Unitl BTC is Good.
Support Worked Fine And Can Go For the Correction. Golden Cross Over Begins On An hour Chart 2- 50MA crossed 200 MA in 1 hour Chart. So Time For The Run.
Well Its Such A great parabola. Once Broken Down Go for the hard correction.
Bitcoin still can not moves from its sideways pattern which is not very interesting for us as a day trader. The lack of volatility and a lot of choppiness is becoming the main problem we are facing right now. Because with this market condition, the risk deviation is getting higher and the uncertainty remains on current condition. There is another pattern that for...
Buying ZRX because it's a DeFi Project, and these days DeFi projects are over hyped, and ZRX yet to make a move out of all these DeFi coins. - Technicals • 4hr. chart breakout i'm willing to see • Bearish cloud thinning out, more bullish scenario • Price is holding 200 MA support also on 4hr Very bullish from most technical indicators
Buying ZRX because it's a DeFi Project, and these days DeFi projects are over hyped, and ZRX yet to make a move out of all these DeFi coins. - Technicals • 4hr. chart breakout i'm willing to see • Bearish cloud thinning out, more bullish scenario • Price is holding 200 MA support also on 4hr Very bullish from most technical indicators
You can see that the latest drop is because the price touched the blue trend line which has became a resistance as the effect of previous broken support. Currently, the bears are still in the control of the price, and the price is coming closer to the upper line of the previous broken resistance as well. This area is now become a support with a lot of confluence...
Well its having 100Moving Average Resistance. But is bullish. Once Go above the resitance. It can go for the boom. MACD is also Bullish and RSI is also gaining strength.
#BTC Dominance Update: Dominance broke below the bearish pennant looks like it want to retest the first Green support. If it does I am sure it should provide room for alts to grow. Subscribe For Daily Update
Bitcoin is Printing Lower High(s) Structure (That's Bearish) Along, Has Been Holding a Support Level at $9230 - $9220 Which Has Already Been Tested Thrice. On 4th Test it Would Most Probably it Gonna Breakdown 📉 For Bullish Reversal, Bitcoin Needs To Break Previous LH With a Solid Candle. Upon Breaking Current Support BTC Will Test $9100 - $9050 Support...
Well Rsi IS getting strength. So can go for the Upward Moment. So It Can touch the 200MA resistance i.e. at 241. And Then We Decide The Further Moment.
Well technical analysis is good. Fundamentally Good News IS Coming. Soon. MACD is Going Good. Golden Cross Over begins yet.
On Daily Chart Its Bearish. Losing Strength On RSI . And Histogram to Is Bearish On It. This Chart Is Completely Based On Indicators. Not On Chart Patterns
Creating A downward wedge and having 200EMA support. So It Can Go For The Pump But Still It Will go for some retracement. So Dont Rush Soon. Wait For The Dip