#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
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As we can see from the above-mentioned chart that BTC is on the way to printing its other low.
Bitcoin has Been Consolidating in Descending channel pattern for the last 244 days.
if BTC is able to sustain and holds this lower trend line again then we can see a fast recovery towards the price level of $34k which is the price zone at the upper trend line resistance.
The candle close below will lead BTC to print another low which can be $12k - $18k.
NOTE: 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.
Technical_analysis
QIUSDT Analysis after Strong Breakout QI/USDT recently broke out of its month-long range, with strong volume. QI is now sitting at a bull flag and a new trendline in the 1H, that can strengthen the new uptrend. RSI is not looking ideal, as there is a bearish divergence, but it is not confirmed yet. 9-EMA is bullish.
QI can continue rising higher if it breaks 0.218(green line in chart).
After the breakout, a good short-term target would be 0.300, as it is a "milestone" number. A good stop loss would be at the bottom of the bull flag or the trendline.
Do note though, that we are in a bear market. This may decrease the profitability and movement of this cryptocurrency. Keep an eye on the price and RSI for the bearish divergence.
Do your own analysis first before trading, and have a good day.
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
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As we can see at the above mentioned chart that till now BTC recoverd well and bounce almost 4.5% from the support level after printing a low of $26800.
Currently BTC is trading below the resistance level 2hrs left for a candle close.
Candle close above will be great for bulls and it can rally towards the price level of $29k.
Rejection from this level will lead BTC to its lower levels which are $22k to $19k.
Let’s see how BTC performs in upcoming hours and will it be able to recover more or will get rejection.
NOTE: 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/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see at the above mentioned chart that BTC just broke its crucial support level and now heading towards its lowest price level $26700 since last 31 days.
Here bulls need to take charge and show some recovery in BTC other wise loosing the $26700 will end up things and lead BTC towards its lowest price level which is $19k.
NOTE: 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 IT'S CRUCIAL SUPPORT, WHAT'S NEXT?Hello, community members welcome to another BTC/USDT chart update.
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As we are again witnessing the uncertain dump in BTC, it is again unable to sustain the price level of $31500 and losses almost 11%.
BTS is currently trading on a green support zone, here green zone and the lower trend line are the crucial support range for BTC.
If BTC can hold the support range and prints any bullish divergence, BTC will recover soon, but a candle close below will lead BTC to its lower levels which are $25500 - $26500.
Let’s see how BTC prints the upcoming candles and how ALTCOINS reacts.
If BTC holds this level then an interesting week ahead to watch.
NOTE: 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/USDT 1HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can observe from the above-mentioned chart that BTC in LTF trading inside a channel pattern and touched the lower support zone again and bounced.
Although HTF BTC is at the accumulation phase, BTC will again gain some % to rally upside towards the upper resistance zone or trend line.
Here nothing much to tell in this chart until BTC is able to brake the upper resistance trend line.
NOTE: 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 06-09-2022Yesterday afternoon sellers were in full control and to maintain this momentum, sellers will need to defend Fibonacci 50% level.
Any test of ETH session Low could provide direction for the day.
Level to watch 4100 ---4102
Report to watch :
US:EIA Natural Gas Report
10:30 AM ET
#ETH/USDT 4HR CHART UPDATE !!Hello, community members welcome to another ETH/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see at the above mentioned chart that ETH still trading inside the falling parallel Chanel pattern and following the mid support well.
Here ETH again moving towards the upper trend line resistance.
As BTC moving in a side ways market and ETH following too.
A candle close below the lower mid trend line support will lead ETH again towards the lower trend support.
NOTE: 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 06-02-2022After a late rally yesterday, ETH session has been trading in a range.
Any test of Fibonacci 50% level of yesterday RTH session could provide direction for the day.
Level to watch 4110 --- 4112
Reports to watch:
US:Factory Orders
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
$TSLA Long term PT 1,700 and higher Timeline: Feb 2023Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
$DRV PTs 56-100 and higher 3X Bear Real Estate ETFThe fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). The index is provided by S&P Dow Jones Indices (the “index provider”) and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified.