Get started

Bottom

hmmm... bottom's in?well, looking at my line, we can see that there's a falling wedge pattern for BTC USD pair; if we are in its range, worst case if we fall lower would probably in 28K range as it is also the 0.618 fib level from MARCH 2020 low to the BTC high back in NOV 2021. Let us see where the BTC will act and move in the coming days.. FYI, if it breaks upwards, target would then be the previous high even though it seems to be very unlikely to happen as there are many resistance BTC need to face before claiming new ATH. But, anything can happen.. What I want to see: A consolidation for couple of days or even weeks in current price range would be very very good rather than just shoot up and come back down again!! #DYOR #NFA
BITSTAMP:BTCUSD
by ZombieGod11
Bitcoin Dominance double bottom formation❓- Yello, ladies and gentlemen😎! 💎In our last BTC.D analysis in telegram we predicted the drop towards 39.54%, 261.8% Fibs. Immediately after, BTC.D followed the projected pattern and dropped by over 2%. 💎In fact, the BTC dominance formed a double bottom near 39.40% and currently trading at 40.5%. So the big question is whether it will reverse to the upside or the downtrend will continue. 💎Right now, we must consider several important facts.......
CRYPTOCAP:BTC.DShort
by CryptoPAMM
8
🌳FTM's Possible Movement In near FutureHello every one FANTOM / TETHERUS Fantom Is near It's ATH Now which Is quite Good. The FTM which We are Talking about Is a Great Project with a Lot of Potential. But We Want To Talk about Technical Stuff First. So as you Can See, The Price Is in a Big Rounded Bottom which Means The Price Is gonna Increase as Soon as A Break out happens. Since There Is No Break out, We Can Not Determine If It's gonna Happen or Not But when The Break out Confirms The Bullish Trend, We Shall See A Great Bullish Movement as Much as The Measured Price Movement (AB=CD). The Expected Movement Would Create a New ATH Far From This one So It is gonna Be hard & Take Some Time To do That So Please Be aware of This & The ATH right now Is Gonna Be It's Biggest Resistance around 3.4$. 🟡What Is Fantom (FTM)? Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds. The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019. 🔴This is only an idea and not a financial advise ( NFA )🔴 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
11
IS THIS THE BOTTOM FOR BITCOIN???Well would you look at that, a Bitcoin analysis. Opting for the Higher time frames here, from the chart above we have 4 trendlines, all of which have played significant roles in bitcoin achieveing it's current price action. Looking at the trendline that initiated the bounce on November in the year 2011, bitcoin has found itself at the trendline once again after a tiresome year of sideways movement. You could say this is the bottom. Now in march year 2020, a sell-off came about due to the news of Covid-19 which was a life event that threw technical analysis out the window and saw us create a new trend support. Prior to that, Bitcoin took a bounce off the first trend support shown in the chart and went up all the way to our current trend resistance to make a local top of 13.9k before initiating the covid sell-off event, a move which spanned 9months(274days) from local top to global bottom and still managed to close the month just above our Nov. '11 trend support. (Which means it is a strong area of support) Right now, bitcoin once again has hit that same resistance where the local top was made, and is at the trend support from which the sell off eventually closed its candle but is also on the 9th month of the move (but 275 days instead). Should this monthly candle close without making a sell-off to the covid trendline, i can confidently say this is the bottom and that we would see new highs including a cycle top this year by at least Q2. But becareful, some alts still havent reached support, so it is possible that this isn't the bottom. If you agree with this idea, pls make sure to like and leave your thoughts in the comments section. As always, feedback is appreciated.
BITSTAMP:BTCUSD
by RektMyMom