⚡️BTC DAILY UPDATE⚡️As BTC broke below the significant lower trend line support and it's forming a scary picture currently from the bulls' perspective.
Here bulls need to take charge and we need a daily close above the lower trend line resistance to grow above the price level of $25k.
If the Current candle closes below the resistance level then it can move down again towards the lower price level of $18500 which is also a support zone and it needs to hold it.
Let’s see how it goes in the upcoming hours and whether it will be able to move upside down or not.
Thank you.
Technical_analysis
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
After printing a bullish divergence at lower trend line support ETH was able to move upside by 10% already and it's currently trading above the green support zone.
In a shorter time frame, ETH broke above the triangle pattern upside and printed some potential to move upside towards the upper trend line resistance in upcoming candle formations.
Let's see how it goes in the upcoming hours.
Pin our channel at the top for this type of quick update.
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DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you
Bulls and Bears zone for 08-24-2022Value traders are trying to put a rally together during ETH session, can they keep the momentum going.
Any test of yesterday's LOW could provide direction for the day.
Level to watch 4123 --- 4121
Reports to watch:
US:Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
⚡️TETHER/DOMINANCE 4HR UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follow and comments in the comment section if you find this analysis helpful.
As we can see the above-mentioned that USDT dominance currently trading below the resistance level of the parallel channel and the green resistance level after a continuous sharp gain of 15%.
Here USDT dominance needs a rejection from bulls' point of view to bring some green relief to bulls.
The break above will be more unsatisfactory for bulls at this stage.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️ETH PRINTING BULLISH DIVERGENCE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
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Let’s look into the chart,
As we can see in the above-mentioned chart that ETH currently trading on a lower trend line support after rejection from the upper trend line and a meltdown of 23%.
As ETH printing a bullish divergence in 4hr chart, it just needs to hold this level to regain from the current level towards the upper trend line resistance in upcoming days.
Candles close below lower trend support will be unsatisfactory for bulls.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bulls and Bears zone for 08-17-2022ETH session continued selling off and currently trading below yesterday's Low.
Any test of ETH session Low could provide direction for the day.
Level to watch 4265 --- 4267
Reports to watch:
US:Business Inventories
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
LTCUSD BullishThe price is in the rising channel. Aroon points out rising price, and MACD shows that it is buying opportunity however we recommend to wait for a small pullback and take an entry at the upsloping trendline
Targets shown in the chart
Gold / U.S. Dollar - 2 Scenarios (NEW)If the price breaks down the support level, we expect that the price will decrease in the long term. Bollinger Bands indicates that it is almost time to sell.
On the other hand, if the price breaks the resistance level, we expect that the price will increase. Then it will test another resistance levels.
Bulls and Bears zone for 08-10-2022There is a lot of Euphoria after CPI was released earlier today. Will this last for an extended period is the question.
Any test of ETH session High could provide direction for the day.
Level to watch 4200 ----4198
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
$GRAB - Buy with upside of +50% to +90% Technical Analysis
Oversold with weekly William %R and RSI starting to show reversal signs.
Daily RSI crossing above 50 and looking ready to curl upwards.
Price consolidating between $2.60 - $3
Broke out of the wedge.
Price Target
Buy between $2.60 -$3.00 or above $3 for confirmed breakout.
Analyst Price target: $4.6 (
Fib Level Price Target of $5.70 (upside of +90%)
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see that according to our previous update ETH moving upside well, it bounce right from the lower trend line in support of the triangle pattern and gained above.
In the current scenario, ETH is trading on a support level and higher chance to grow above from current level until ETH holds this level.
Candle close below lower trend line support will lead ETH to drop down towards the lower trend green support level.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC 4HR CHART UPDATE⚡️Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the chart mentioned above that nothing has changed in the 4hr time frame, BTC is still trading at the support zone and holding red MA well.
According to the current scenario, BTC broke a dissenting triangle and is currently traded above after a support level retest.
Until BTC holds this level chances to grow above the side are high.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As ETH is trading inside a rising parallel channel for the last 46days it got rejected from upper trend line resistance and continuously dropped downside after breakdown to the green support level of $1660.
In the current scenario, ETH heading towards the lower mid-trend line support which ETH needs to hold to regain upright, candle close below trend line support will lead ETH to drop to a lower green support level of $1450.
If it breaks down the lower trend line support then it can move down to the lower support zone.
Let’s see how the price reacts in the upcoming hours.
Here we need a trend reversal to go long until then stay aside and wait for the right time to get in.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC AT SUPPORT LEVEL⚡️Hello, traders welcome you all to this BTC 4hr chart update.
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Let’s look into the chart,
As BTC got rejected and meltdown by 7% from the upper trend line resistance level, it's currently trading on a green support level of $22.9k.
BTC needs to hold this level to regain its upper resistance level again.
As BTC holds this level well, chances for upright movement are likely in upcoming candles.
Here BTC is getting also support from red MA.
Candle close below this level will be
Unsatisfactory for bull and it can move down again to its lower green support of $20.9k.
If it bounces back from this level we can go long from this level but first, we need confirmation.
So stay tuned with our updates we will be posting a few trade setups according to market conditions.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️TETHER/DOMINANCE 1HR CHART UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As we can see USDT DOMINANCE meltdown by 15% in the last 5 days which was great for ALT coins to grow above by good % level.
In the current scenario, USDT DOMINANCE broke above the resistance trend line of the parallel channel which may gain in % level in upcoming hours towards the upper level of 6.7%.
Re-gain from the current level will bring poor PA in altcoins.
IMO, we should avoid taking long calls at this unpredictable stage and wait for the right time to get in.
Here we need a rejection from the current price level towards the lower price level of 5.6%.
Here MACD is also about to print a bearish cross which can result in a downfall in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.