The US House of Representatives will hold a meeting with CEOs of crypto companies at 6 PM today.
UFO/USDT (4h) π
Formation is active.
Processing input: 0.000020 - 0.000022
TP1: 0.00003356
TP2: 0.0000422
STOPLOSS: Candle close below 0.0000192.
Technically, at the bottom of the falling channel, rsi is positively discordant and supported by the horizontal gray box overlapping with 0.786 (0.00001924). It is possible to break the upper band of the channel and come in order of tps after the retest.
Formation is active.
Processing input: 0.000020 - 0.000022
TP1: 0.00003356
TP2: 0.0000422
STOPLOSS: Candle close below 0.0000192.
Technically, at the bottom of the falling channel, rsi is positively discordant and supported by the horizontal gray box overlapping with 0.786 (0.00001924). It is possible to break the upper band of the channel and come in order of tps after the retest.
πThe formation of the 5th wave continues (since about March). Areas to follow: π1. yellow 56-59 range (if this area is not crossed, there is a possibility of OBO, 42-43 neck (blue) is broken on the turn, target 30) π2. If yellow 56-59 range is broken the target is 69-72 range (if this area becomes impassable there is a possibility of double slope, right turn 43-45 neckband is broken, target is $30,000. π3. If green ath can be broken, 7-8 years parallel channel maximum area will try 81-84 green upper band (wave max will try and end, target 30 again (5+3 correction a-b-c pulses) Whichever of these regions the result goes, it will make a very important correction in the future, since the 5th Wave is over.
πHello guys. Our #BTC support is $43500. The daily 200MA holds support near $46,680. Upward movement can take place from here. If a candle closes below 200MA, it may upset us a little. Our resistance zone today is $48900. Today's candle should close above this zone. If the candle fails to close above this, the chart may still be negative.
Hello π Now eyes are on the FED meeting that will take place on 14-15. FED, in its last meeting, stated that they will not increase interest rates until the second quarter of 2022. If interest rates are increased to reduce inflation, BTC could move a little more sideways. No interest rate decision is expected at the moment, and if no rate decision is made, there will be an increase in inflation, which will cause deflationary assets (BTC, gold, silver, oil, etc.) to rise. If there is no surprise after the FED meeting and there is no interest rate increase, we can test 52-53K π
πChart showing the inflows and outflows of #BTC: There have been almost no #BΔ°TCOΔ°NS on exchanges since June. Note: The seller brings the product to market. It pulls the product it will hold into the warehouse. In other words, if money enters the stock market, it's bad, if money comes out, it's good for the price.
πWith the recent declines in BTC, the graphs of most altcoins that move with BTC are very similar to each other. And most of them turned away from support. If bottoms are rising due to Fed decisions, we may not see seller pressure as people's costs are high, which could accelerate the climb a bit.π
πCRYPTO GREENπ
NEAR / USDTπ ENTRY:9.767 LONG NOW LEVERAGE: 4-5X
πβ
POSΔ°TΔ°ON CLOSED 5X πβ
πβ . %60+ πβ
πβ . %60+ πβ
GRT / USDTπ
LONG NOW
ENTRY: 0.745$
LEVERAGE: 3-5X
TARGET: 0.779$
TARGET2: 0.79.8$
LONG NOW
ENTRY: 0.745$
LEVERAGE: 3-5X
TARGET: 0.779$
TARGET2: 0.79.8$