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As we approach the FOMC meeting tonight, there is a possibility of a negative impact on the market if the Fed decides to increase interest rates. In this scenario, we may see an opportunity to enter the BTC market at lower levels. Looking at the daily time frame, we can identify key levels of support and resistance to inform our spot entry strategy. Specifically,...

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If we compare BTC's current ascending chart pattern to past patterns, we can see that for an upward trend, we would need a powerful rally to break the upper trend line. However, when we look at the RSI indicator, we see a bearish divergence, as the graph is going down while the price is going up. Therefore, it is important to keep an eye on the RSI as well. If...

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Btc move as we talking from last two week that it should come to 200 MA If you are my past viewer then uh have a better deal for short

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On the daily timeframe, I analyzed ETH's price action using support, resistance, and Fibonacci retracements. Currently, ETH is finding support near the 50-day moving average and near the support level of $1554. If it breaks below this level, the next support level is at the Fibonacci value of 0.382, around $1490. The next Fibonacci value of 0.5 is at $1402. On the...

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BTC has formed an ascending chart pattern, and I will share my plan to acquire some BTC in the spot market. There are three criteria to consider: first, observe the green trend line for support and movement towards resistance levels. Second, watch for BTC to break the trend line and 50-day moving average, and if the retest fails, look for a move towards $20,668...

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On the daily timeframe, we can observe that Matic is currently receiving support at $1.3307 and facing resistance at $1.5285, with the next resistance levels at $1.74 and $2.0. Additionally, a Fibonacci retracement has been drawn on the chart, which shows a potential reversal near the 0.5 level of $1.1623. Furthermore, the yellow line of the 50-day moving average...

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In the BTC 4-hour timeframe, there may be a VCP chart pattern forming with a supporting trend line and resistance level at $25167. If the resistance level is broken, it could signal a bullish trend and potentially result in a rally towards the next significant resistance level at $28675. However, it's important to note that technical analysis patterns are not...

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Based on the daily timeframe analysis of Ethereum (ETH), we can observe that the cryptocurrency is currently facing important support and resistance levels. If the daily candle closes below 1681, we may see a pullback to the Fibonacci retracement levels of 0.382 and 0.5, which are located at around 1400. This area could serve as a significant support level, where...

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Based on the daily timeframe analysis of Chainlink (LINK), we can observe that the cryptocurrency is currently facing multiple resistance levels. These levels are located at 8.170, 9.405, and 9.746, and they may pose significant challenges for buyers as the price could encounter selling pressure and struggle to move past them. On the other hand, there are two key...

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Based on the daily timeframe analysis of Filecoin (FIL), we can observe that the cryptocurrency is currently facing resistance at two key levels - 7.671 and 9.746. These levels may pose a challenge for buyers as there is a possibility that the price may encounter selling pressure and struggle to move past these levels. On the other hand, there is a support level...

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If you are looking to analyze DOT using a 4 hour time frame, you can use trend lines along with support and resistance levels to help identify potential price movements. A trend line can help you determine the general direction of the price, while support and resistance levels can help you identify key areas where the price may encounter barriers or reversals. To...

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To take a short trade on BTC using a 4 hour time frame, you can use support and resistance levels along with a Fibonacci retracement tool to identify potential entry and exit points. Once you have marked your entry point and two profit targets on the chart based on Fibonacci ratios, it's important to have a risk management plan in place, such as a stop loss order,...

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Great news for #BTC investors! The double bottom pattern has been successful, and we're seeing some nice profits. It's a strong signal that the trend is reversing, and we can expect more gains to come

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Our first TP hit trail till Reach as we discuss, move the sl in profit zone if you taken 10x lev.

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Bollinger Bands are a type of technical analysis indicator that are used to measure the volatility of a financial instrument. They are plotted two standard deviations away from a moving average, which serves as a measure of the instrument's midpoint. The bands are plotted on a chart, usually alongside the price action of the financial instrument being...

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BTC analysis on its 4-hour time frame with support and resistance levels. As you can see, it takes support from the Fibonacci ratio of 0.382. Now it's time to observe a pullback towards its support line, and you can clearly see the 0.5 Fib level also near its support level of 22,200. It is also important to keep an eye on the divergence indicator and the...

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A Rising Wedge is a chart pattern in technical analysis that is formed when price moves in a diagonal upwards trend, with both trendlines converging. This pattern is considered bearish because it signals a potential reversal of the current uptrend. As the pattern progresses, the price movement becomes more and more confined, which often results in a downward...

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Btc as you see rejected from the fib retracement top value which is drawn in the previous chart.