I have been waiting 3 days to get a confirmation of my bias for CRYPTO:BTCUSD wether this hypotheses is valid or not. 3 days ago I drew this chart and after 3 days it kind of confirmed my bias and I decided to share the idea. According to this chart, Bitcoin will see, or has seen a drop to previous lower levels. When the halving hits, we will see a significant...
BINANCE:DENTUSDT Dent is stuck at a specific level.
What will happen to it? Will it drop? Will it rise?
Here are several factors that could contribute to a potential decline📉 in value:
Market Indecision: Over recent days, DENT has encountered challenges maintaining its position at a particular price level, reflecting uncertainty in the market.
Price...
At the provided chart we can see a clear channel up chart pattern. Prices goes from up to down and swinging a little bit before going down deeper. The RSI also indicated that Ethereum is on a huge overselling period. I also made a little trendline to confirm the that rhe RSI is bouncing bellow it.
Please do not make any trades based on my ideas, these are just...
At this chart we can clearly see an ascending triangle. If the price breaks the top trendline it will increase, if it breaks the bottom line price will decrease. But I think the price will break the top trendline because GALA already dropped to a good price.
Alright XRP is an unstable coin as some of you have noticed. With the ongoing lawsuit of XRP, it has been relying on bitcoin. In short, XRP follows the movement of bitcoin. Looking at the day chart we can see a falling wedge, meaning that there is a possible bullish movement. Next to that we can see that the RSI line is in the middle and has a bullish movement...
In this chart, we are looking at Cardano(ADA). You can see that it had a rpevious support line which we are also gonna use for todays date. Next we use the fibonacci tool to determine the places where it will shoot or drop to, and according to it's previous price, the fibonacci fits perfecly to todays price. We can almost predict that it will shoot when it breaks...
We can see that BINANCE:GALAUSDT is in an uptrend by the 200EMA line. According to my graph, we can see a ascending triangle. If it breaks the trend line, it will rise a small bit, then it will fall and rise again, this is called an ascending triangle.
