Bitcoin Breaks Out, Immediately Faces ResistanceBitcoin has broken out from the range between $59.4K and $62.4K. We alerted you as to the upside bias in cryptos yesterday. Currently, we are feeling out the middle of the range between $62.4K and $64.3K. We are seeing a red triangle on the KRI suggesting there is some resistance forming. The Kovach OBV has picked up notably, so watch for $64.3K as the next target. If we can breakout further, $66.3K is the next target. From below, we have plenty of levels of support including $62.4K, $61.6K and $59.4K.
Hodl
ETHEREUM Long Term Channel shows lots of upsideNo matter how much analysis you do, there's always value in zooming out and being confident in your geometry. Should the channel remain and the lower trendline hold, we should be on our way to another big jump in the ETH valuation. HODL strong my friends, but don't be greedy! Always do your own due diligence and research.
Bitcoin RangesBitcoin has quieted down, after some volatility after establishing new highs. It has stabilized in the range between $59.4K and $62.4K. We are currently testing the high of this range, with some red triangles on the KRI reflecting resistance. The Kovach OBV is still pretty flat, but has gradually trekked upwards, suggesting a slight bull bias. If this persists, we can expect a breakout to test higher levels in the $60K handle, at $64.3K then $66.3K. If we head south, expect further support at $59.4K again, then $57.7K
BTC - Potential Bullish Continuation!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BTC is retesting our 58k-60k support again so we will be looking for buy setups on lower timeframes.
on H1: BTC is forming a channel in green but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that third swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BTC would be overall bearish can still trade lower inside the 58k-60k support before going up. But for the bears to take control we need to see a break below the 57k highlighted in orange.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CKBUSDT BIG HIT #CKB#CKBUSDT #Crypto
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$CKB is one of the most undervalued crypto yet. 🤦♀️
as you can see in Daily Chart price broke out from long term descending resistance.📉
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BUY AND HODL.🎯
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💎 Don't sell for years though as this will become a market leader, HOLD for dear life as I do believe you could see this at $1/$3 in a few years💎
📊 CKB crypto price prediction puts the price at an average of $0.0243 in 2021, rising to an average of $0.0280 in 2022 and doubling to $0.0459 in 2025. By 2028, the algorithm predicts the CKB price will average $0.0720, with a peak of up to $0.0779.
As it can be clear from the analysis cited above, Nervos Network (CKB) projections are rather contradictory. There is no universal consensus either about positive or negative future CKB price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Nervos Network projects, the crypto environment in general, legal position, and so on. I kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Bitcoin Regains $60K'sBitcoin has found strong support in the high $50K handle and has regained the $60K's. We are currently facing resistance from $61.6K and $62.4K. Several red triangles on the KRI are indicating strong resistance here, and the Kovach OBV is still very bearish. It is likely we will test lower levels again at $57.7K and $56.8K, but if not, we have a vacuum zone above to $64.3K, then $66.3K is the next target at highs.
Bitcoin Finds SupportBitcoin found support after breaking through the $60K handle. We saw great support at $57.7K, and regained footing in the $60K handle. BTC is currently hovering at about $61K at the time of this writing, just below our level at $61.6K. We have two levels of resistance here, and are likely to range until further momentum comes through. Further support should happen at $57.7K and $56.8K
SHIB Hottest thing going...to $0.01 ?SHIB - Only one word......HODL !!!
1 Hour chart/8 ema YELLOW/34 ema MAGENTA/FIbonacci Extension
Using FIB Extension to find support and targets:
STORY:
Price has retested 34 ema, trying to get back on top of 8 ema with volume! Once that happens, it's time for another run.
Suppy/Demand zone worked to a tee, bought more here, it's like a plateau to re-establish price.
Beautiful retest of the supply/demand zone when it dipped down.
Stochastic is suggesting, at the moment with an oversold sentiment, that buying now could be the right time. Volume is king!
TARGETS:
Next immediate target 0.00007521 - current resistance, it was prior support. We get over that WITH VOLUME, next is -
0.00008838 again, harder resistance level. Tried 3 times to break this level to no avail....4 times, no breakout here could mean exhaustion of the run, could lead to Supply/Demand zone pricing again and a wait for news, meme action, and UTILITY
WHY 1 HR CHART ?:
For me, the thought process is that crypto runs 24/7. How can we put a real pulse on this altcoin if we are watching daily charts? That's just my opinion, like everything this is. Follow and play along, see if my thesis holds true.
REMEMBER:
#1 Crypto/Altcoins are the Wild, Wild West! Exciting, terrifying and drama around every corner! Very Risky Stuff!
#2 Only invest what you're willing to throw away
#3 Whales will sell!! Price will subsequently drop like a rock!! When that happens, we scoop in and buy those dips! Together, we create VOLUME! Volume raises price, together we raise the opportunity to profit by UPLIFTING PRICE and benefiting from cooperation!! In other words..........BUY AND HODL FOLKS!!!!
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks and crypto to validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
Bitcoin Dips, Finds SupportBitcoin has dipped further, breaking down from the $60K handle. We broke past $59.4K, the first level in the $50K handle. Currently, we appear to be finding support just above $57.7K. The Kovach OBV has dipped significantly, registering the selloff. We are seeing a green triangle from the KRI to suggest support, but if not, we anticipate support at $56.8K, and $55.7K.
Give Thumbs up Please, And My Rundown on SHIB TokenHi Crew,
I give this coin the green light to be a grower and a future outstanding coin and concept. You do know there is a whole SHIB exchange with BONE, LEASH and other coins. This will work and it is common on the ground all over the world it's that bonding and meme that will also help this coin greatly but the marketing team is outstanding and it reached nearly all exchanges soon enough.
My idea is to just put aside some and HODL long time. Just leave it you won't time the market better. Or just to buy on a major crash is the go.
See the SHIB exchange here: shibaswap.com
Good luck with it I think it's a terrific coin. It has certainly proved itself now.
Cheers,
Dasha,
Obnoxiously Humorous TShirts
Disclaimer: Not financial advice this is just my idea.
Bitcoin Finds Support at $60K, StabilizesBitcoin has found solid support in the low $60K handle, and gotten meager lift to the $62K's. We are currently seeing support at $62.8K. The Kovach OBV has flattened, which suggests we may see continued ranging. Watch for Bitcoin to establish value between $61.6K and $64.3K. It will take some momentum to take us back to highs at $66.3K. If we can muster the strength for another rally, then $68.6K is the next target.
ETH trading at key-levelETH trading close to ATH. Potential bull flag form can be recognized from the daily chart for a longer period. The overall crypto market development will decide is this emerging setup is for the biggest bull run ever, or if the price going to decrease from the key level. I expect cryptomarket to keep growing.
Bitcoin Finds Strong Support at $60KBitcoin has retraced since achieving all time highs, but is still holding on to the $60K handle. We are seeing good support from $60K confirmed by several green triangles on the KRI. This appears to be a corrective impulse to the overall bull trend, and we expect support to hold, and for Bitcoin to establish value in the $60K's before another push higher. If not, we have a cluster of levels in the $50K's to provide further support including $59.4K, $57.7K and $56.8K. We will need to break highs again at $66.3K or so before we can consider our next price target at $68.6K
Bitcoin Retraces, Still Looking Bullish 📈🤑Bitcoin has faced resistance after making all time highs. We saw a dip down from $66K to support at $61K-$62K. These were the exact levels we identified yesterday. This dip is but a small hiccup in comparison to what we've seen in the past. If the selloff continues, we should find support at $59.4K or $57.7K. The Kovach OBV has dipped with the correction, but is starting to turn bullish again, so watch for support at current levels to hold. We are seeing a green triangle at $61K from the KRI, and some consolidation here.