#BTC had a huge drop, after the surge in prices, turned back price bearish, and on a support zone, rejecting it too. Price can easily break though it and can even go further lower. All depends on closing, so need to see the HTF first.
The importance of defending the STH cost basis and the MVRV 1Yr Z-Score pricing regions becomes increasingly apparent when overlaying the price traces onto the URPD volume profile. A significant volume air-pocket can be seen below these levels, where very few coins changed hands in that price range.
Additionally, the -1ฯ band for the STH cost basis resides at the upper bound of this volume gap, suggesting this may be a relatively sensitive area should prices fall that far.
Additionally, the -1ฯ band for the STH cost basis resides at the upper bound of this volume gap, suggesting this may be a relatively sensitive area should prices fall that far.
#ICPUSDT Internet Computer has reached support at the lower boundary of the bearish pattern on the daily chart.
In case of a successful breakout above the middle line of the channel, the price could reach the following targets: $6.45 - $7.50 - $8.66
In case of a successful breakout above the middle line of the channel, the price could reach the following targets: $6.45 - $7.50 - $8.66
Trumpโs World Liberty purchased 103,911 $AVAX ($2M) and 2.45M $MNT ($2M) a few hours ago
In total, World Liberty has invested $343M across 11 different tokens, but every single one is in the red, resulting in a total loss of $118M!
In total, World Liberty has invested $343M across 11 different tokens, but every single one is in the red, resulting in a total loss of $118M!
#NOTUSDT The cryptocurrency is testing the upper boundary of the downtrend on the daily timeframe.
In case of a successful breakout, the price can be expected to grow to $0.007.
In case of a successful breakout, the price can be expected to grow to $0.007.
Member!
Sharing an amazing short Setup in a while
Sharing an amazing short Setup in a while
Congrats for those who have took the trade๐ฅ
๐ฐ #BTC Zoomed In
The Support Confluence of EMA 50 + MA 50 + Ascending Support + Weekly SuperTrend is the only thing which holds $BTC from dumpingโ๏ธ
Per this cycle the confluence served perfectly as the bottom and it's very important to hold the one!
LITERALLY OUR LAST CHANCE๐
The Support Confluence of EMA 50 + MA 50 + Ascending Support + Weekly SuperTrend is the only thing which holds $BTC from dumpingโ๏ธ
Per this cycle the confluence served perfectly as the bottom and it's very important to hold the one!
LITERALLY OUR LAST CHANCE๐
๐ฐ #BTC can actually repeat the scenario of Feb - May 2021๐โโ๏ธ
Same break downside from the Distribution formation, then brutal V-Recovery๐ Btw we are sitting at the strong support confluence - it's perfect place for the bounce!
In this scenario everything fits with a classic cycle and we receive out #Altseason ๐ฅ
Same break downside from the Distribution formation, then brutal V-Recovery๐ Btw we are sitting at the strong support confluence - it's perfect place for the bounce!
In this scenario everything fits with a classic cycle and we receive out #Altseason ๐ฅ
If we are talking about long-term here, then #ETH is awesome to buy before $2k level๐ง
I even call it an Accumulation Area๐ผ
Btw RSI is nearing it's bottom levels, so once $ETH trend reverses, this will be at least an #altseason for #Ethereum ecosystem $alts ๐
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I even call it an Accumulation Area๐ผ
Btw RSI is nearing it's bottom levels, so once $ETH trend reverses, this will be at least an #altseason for #Ethereum ecosystem $alts ๐
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