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2023-03-19 10:18:17 ETH broke the major resistance of the $1680-$1715 area. The price is now trading above the resistance area. We might see a test of the $1680-$1715 area before the next move. If the price holds above this zone then we see a move toward the $1900-$2000 key resistance area. Open / Comment

2023-03-13 18:16:24 BITCOIN 24000 unbelievable pump Open / Comment

2023-03-03 12:03:54 #BTC Main 03.03.2023

BTC: $ 22,400
ETH: $ 1,500
BITCOIN DOMINANCE 43.66%
TOTAL MARKET CAP $ 0.99T
Crypto Fear & Greed Index: 50

Last night, #BTC showed very poor dynamics even against the backdrop of the recovering S&P500 index, which added +0.7% yesterday.

At the moment, Bitcoin has come to an important limit support (the area of $ 22.280 - $ 22.500) + the lower border of the ascending channel (trend support).

I expect that from the current (after a little trading), the price will show a reversal and go into a LONG test of moving averages at 4H TF.

Have a good trading day Open / Comment

2023-02-28 14:14:54 #BTC Main 28.02.2023

BTC: $ 23,300
ETH: $ 1,600
BITCOIN DOMINANCE 43.97%
TOTAL MARKET CAP $ 1.02T
Crypto Fear & Greed Index: 53

Bitcoin yesterday showed us a persistent attempt to consolidate above the level of $23.690, but in the end it still corrected under selling pressure and returned to the current range of $23.200 - $23.690.

The price is still above the ma200 moving average by 4H TF, so you shouldn't worry too much.

If this moving average and the level of $23.200 are broken, then we are probably waiting for a further correction.

For Bitcoin to grow, it needs to gain a foothold above the level of $23.690, I have already talked about this.

Have a good trading day Open / Comment

2023-02-24 12:52:53 #BTC Main 24.02.2023

BTC: $ 23,900
ETH: $ 1,600
BITCOIN DOMINANCE 43.89%
TOTAL MARKET CAP $ 1.04T
Crypto Fear & Greed Index: 53

Bitcoin failed to gain a foothold either above the moving averages or above the $24.520 level, which still acts as a strong resistance (the lower limit of the $24.520 - $25,000 area).

If we consider the situation on a scale, then #BTC is still trading under the aforementioned resistance area, unloading the RSI and gaining strength for a possible breakdown and growth of - 28K $.

However, it is important to maintain the support area of $23.200 - $23.690, as its breakdown can have a very negative impact on medium-term growth prospects.

Have a good trading day Open / Comment

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