Btc gave a good mobing averages and hit the level 66.5K and a retracement was very much expected. so how deep this retracement can go, with fibbonacci in 1D time frame suggesting a retracement till 61.2k to 61.6k area. but after consolidating on this zone, it can continue to retrace till 59.5k with a wick to 57432 - 58291 zone. so all these points will act as...
So I have been analyzing BTCUSDT in Daily time frame, as you can see BTC recovered well after crashing and touching the 40500 - 48500 area, it is yet to create double bottom if it wants to touch the 66500 area, of course there is a major resistance at this level, while making double bottom there are great chances that it hits 57144 - 58210 range and pump heavily...
BTC looking quiet weak to me, analysis shows a complete bearish patterns as you can see in mid and short term, I don't see any strength in upcoming weeks. BTC should hit around 42K to 47k level in next 2 months. follow me for periodic analysis posts over BTC and other alt coins, do checkout my previous posts. stay safe guys, open your position with a lot of...
with all the news coming in about Iran Israel conflict, and if there is a counter attack from Israel.. then we can see another crash that may cause BTC to slide down to 57k level, so as this year is all about adoption and regulation, there are chances that market might be more volatile, so keeping an eye on news is a important thing while trading. So tomorrow is...
so we recently witnessed a great closing from BTC above its previous all time high in weekly and monthly closing that is a very strong signal that market is perfectly bullish, but what is it currently happening. so BTC in order give a perfect breakout from its all time high will ofcourse require to accumulate as much volume as possible thats what is currently...
ZRXUSDT crashed heavily a few days back, and recovered well, and then again tested the 1.006 to 1.06 area unable to break that area due to no support from Bitcoin, and looking at the trend and analysis I guess an entry with 20% could be made into it at .822. a minor support at .76 and .69 which could easily be broken if BTC doesn't support and you can put 40 to...