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Bitcoin and whole market update - Bitcoin was falling hard until the Elon Musk's interview on 21st July. After this interview Bitcoin is seeing some growth . Volume spiked on 21st July then went moderate on later days. Today , on Sunday, volume is comparatively…
BTC closed above EMA50 leading to a massive pump. Massive
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Bitcoin and whole market update - Bitcoin was falling hard until the Elon Musk's interview on 21st July. After this interview Bitcoin is seeing some growth . Volume spiked on 21st July then went moderate on later days. Today , on Sunday, volume is comparatively…
BTC got rejected at neutral resistance 39600$ , volume is still growing.
80 Billion dollars were injected into market in last 1 hour which indicates something positive fundamental may arrive.
80 Billion dollars were injected into market in last 1 hour which indicates something positive fundamental may arrive.
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Bitcoin and whole market update - Bitcoin was falling hard until the Elon Musk's interview on 21st July. After this interview Bitcoin is seeing some growth . Volume spiked on 21st July then went moderate on later days. Today , on Sunday, volume is comparatively…
BTC pair are bearish as mentioned in the conclusion. Also BTC dominance made upwards move causing alts dump in BTC pair.
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Bitcoin and whole market update - Bitcoin was falling hard until the Elon Musk's interview on 21st July. After this interview Bitcoin is seeing some growth . Volume spiked on 21st July then went moderate on later days. Today , on Sunday, volume is comparatively…
BTC dominance also got rejected at neutral resistance.
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Bitcoin update -
Bitcoin was able to break the 40k$ resistance but it failed to close above it.
Bitcoin has Support now at 36630-36900$ zone which is almost retested now.
It is currently bearish on timeframe 30 minutes and lower Timeframe.
1Hr timeframe will get bearish if BTC closes below 36630$ on 1Hr timeframe.
Currently it looks like a retest of Support after breakout as higher timeframes still have strength and in Bullish momentum.
Bitcoin was able to break the 40k$ resistance but it failed to close above it.
Bitcoin has Support now at 36630-36900$ zone which is almost retested now.
It is currently bearish on timeframe 30 minutes and lower Timeframe.
1Hr timeframe will get bearish if BTC closes below 36630$ on 1Hr timeframe.
Currently it looks like a retest of Support after breakout as higher timeframes still have strength and in Bullish momentum.
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Bitcoin update - Bitcoin was able to break the 40k$ resistance but it failed to close above it. Bitcoin has Support now at 36630-36900$ zone which is almost retested now. It is currently bearish on timeframe 30 minutes and lower Timeframe. 1Hr timeframe…
After the above update Bitcoin went down from 37800 to our support zone as it was bearish on lower timeframe. It bounced from the Support zone and again reached to the resistance. It actually break the 40k$ resistance and it got hit by new resistance at 40500-40860$ zone.
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After the above update Bitcoin went down from 37800 to our support zone as it was bearish on lower timeframe. It bounced from the Support zone and again reached to the resistance. It actually break the 40k$ resistance and it got hit by new resistance at 40500…
Yesterday's BTC Analysis given in Premium.
So far going as per Analysis and small correction is happening.
So far going as per Analysis and small correction is happening.
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Yesterday's BTC Analysis given in Premium. So far going as per Analysis and small correction is happening.
Bitcoin has broken the resistance at 5th attempt.
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#BTCUSDT 2H Chart update
After price went up and reached the resistance at $49,171.16, it got rejected and now it is moving in a downtrend. MACD lines just crossed after showing bullish weakness, however RSI is above the 50% level and price is stil trading above EMA ribbon. If price breaks from the support line of the downtrend we can expect BTC at 47.7k and potentially 47k, but if price manages to go up it will try and break through the 2h supply again.
https://www.tradingview.com/x/ptfYQw3c/
After price went up and reached the resistance at $49,171.16, it got rejected and now it is moving in a downtrend. MACD lines just crossed after showing bullish weakness, however RSI is above the 50% level and price is stil trading above EMA ribbon. If price breaks from the support line of the downtrend we can expect BTC at 47.7k and potentially 47k, but if price manages to go up it will try and break through the 2h supply again.
https://www.tradingview.com/x/ptfYQw3c/
TradingView
Chart Image
#ETHUSDT 2H Chart update
After moving significantly to the upside and breaking the previous resistance at $3,245, price is currently in a descending triangle pattern. MACD lines also just crossed and became in a bearish territory after showing bullish weakness, RSI is also above 50% and price is trading above EMA ribbon. We are waiting for the breakout to have clear indications of price's next move, however i favorise a breakout upwards and reaching the resistance at $3,302.93 again, else price will reach the support at $3,131.15.
https://www.tradingview.com/x/3lFHSxl9/
After moving significantly to the upside and breaking the previous resistance at $3,245, price is currently in a descending triangle pattern. MACD lines also just crossed and became in a bearish territory after showing bullish weakness, RSI is also above 50% and price is trading above EMA ribbon. We are waiting for the breakout to have clear indications of price's next move, however i favorise a breakout upwards and reaching the resistance at $3,302.93 again, else price will reach the support at $3,131.15.
https://www.tradingview.com/x/3lFHSxl9/
TradingView
Chart Image
#BTC.D 2H Chart update
Although both of BTC and BTC.D's last two candles are bearish, they are not fully synchronized yet as the last few candles weren't. BTC.D is currently testing a previous resistance level at 44%, however this level have been tested multiple times so now it is considered as "weak" and it should break it. If this is the case we would see BTC.D at 42.71% in some time. But if it decides to bounce up it should break the 44.25% before reaching the next resistance at 44.96%.
https://www.tradingview.com/x/l7aFZgFW/
Although both of BTC and BTC.D's last two candles are bearish, they are not fully synchronized yet as the last few candles weren't. BTC.D is currently testing a previous resistance level at 44%, however this level have been tested multiple times so now it is considered as "weak" and it should break it. If this is the case we would see BTC.D at 42.71% in some time. But if it decides to bounce up it should break the 44.25% before reaching the next resistance at 44.96%.
https://www.tradingview.com/x/l7aFZgFW/
TradingView
Chart Image
#USDT.D 2H Chart update
While BTC is moving upwards USDT.D is moving in the opposite direction as it should bouncing up from the support at 3% and breaking the resistance at 3.1%. As long as BTC is moving downwards we will see USDT.D rising probably reaching 3.28%. Overall it shouldn't take long before going back down even though it could still go up in the short term.
https://www.tradingview.com/x/5oll4Sjl/
While BTC is moving upwards USDT.D is moving in the opposite direction as it should bouncing up from the support at 3% and breaking the resistance at 3.1%. As long as BTC is moving downwards we will see USDT.D rising probably reaching 3.28%. Overall it shouldn't take long before going back down even though it could still go up in the short term.
https://www.tradingview.com/x/5oll4Sjl/
TradingView
TradingView Chart
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We are providing daily 10 basic Analysis for free on our tradingview account so you can enjoy it.
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#BTCUSDT 2H Chart update
Recently price broke upwards from the downtrend and moved up aggressively creating another demand zone. It touched perfectly the resistance at $49,171.16 and got rejected. We can see a bearish divergence on RSI meaning price could retest a bit if it breaks the $48,642.44 level and can get as low as $47,317 testing the 2h demand zone before moving up again. However MACD and EMA ribbon are showing us bullish indications and if price manages to break the $49,171.16 resistance, it would not be a surprise if it breaks through the 2h supply zone reaching the major resistance level as this supply zone has been tested multiple times now.
https://www.tradingview.com/x/3NmJlYVY/
Recently price broke upwards from the downtrend and moved up aggressively creating another demand zone. It touched perfectly the resistance at $49,171.16 and got rejected. We can see a bearish divergence on RSI meaning price could retest a bit if it breaks the $48,642.44 level and can get as low as $47,317 testing the 2h demand zone before moving up again. However MACD and EMA ribbon are showing us bullish indications and if price manages to break the $49,171.16 resistance, it would not be a surprise if it breaks through the 2h supply zone reaching the major resistance level as this supply zone has been tested multiple times now.
https://www.tradingview.com/x/3NmJlYVY/
TradingView
Chart Image
#ETHUSDT 2H Chart update
Price broke through the 2h supply, the daily supply and the resistance at $3,568. Now this level would become a level of support if price decides to retest as RSI is overbought. Price is also moving in an amazing uptrend but the support line has been tested multiple times, reason i believe price has more chances of testing $3,568.15 and go up again rather than the trend line. MACD and EMA ribbon are bullish, overall i'm aiming at $3,867.96 for now.
https://www.tradingview.com/x/kX2FJkt7/
Price broke through the 2h supply, the daily supply and the resistance at $3,568. Now this level would become a level of support if price decides to retest as RSI is overbought. Price is also moving in an amazing uptrend but the support line has been tested multiple times, reason i believe price has more chances of testing $3,568.15 and go up again rather than the trend line. MACD and EMA ribbon are bullish, overall i'm aiming at $3,867.96 for now.
https://www.tradingview.com/x/kX2FJkt7/
TradingView
Chart Image
#BTC.D 8H Chart update
BTC.D broke through the multiple support levels mentioned before and the last one at 42.13% is now working as resistance as BTC.D is getting rejected from it. It is still moving opposite to BTC and in that case it wouldn't be surprising seeing BTC.D at 40.4% again. Resistance levels are 42.13%, 42.71%, 43.44%, 44.25% and 44.96%.
https://www.tradingview.com/x/GCtTIqUi/
BTC.D broke through the multiple support levels mentioned before and the last one at 42.13% is now working as resistance as BTC.D is getting rejected from it. It is still moving opposite to BTC and in that case it wouldn't be surprising seeing BTC.D at 40.4% again. Resistance levels are 42.13%, 42.71%, 43.44%, 44.25% and 44.96%.
https://www.tradingview.com/x/GCtTIqUi/
TradingView
TradingView Chart