Bitcoin bull or bear?the support 57 is very important and i think this setup is good for long position
Bitcoun
RLinda ! RENUSDT-> Will there be a resistance breakthrough? RENUSDT against the background of the correcting cryptocurrency market looks quite confident and, presumably, is preparing to break through resistance
The price forms the third retest in a row against the descending resistance line, forming a bearish wedge. A pattern that can form a strong bullish impulse in the medium term and even change the trend.
There is a high probability of price exiting the range (consolidation) and further growth.
In the medium term I expect breakthrough of resistance and consolidation of the price above the level of 0.1212 with further bullish impulse formation to 0.2000, 0.246, and in the long term to 0.4226.
Regards R. Linda!
Ichimoku Analysis for BTCPrice is still inside the cloud and lagging is continuously getting resisted by the kumo cloud. Looking for a consolidation here, however long only when lagging comes above the cloud for this.
ETHUSD my outlookETHUSDT OUTLOOK
daily
On the daily chart although we have seen price creeping up from June lows of 880 area we still have not retraced back to above 50% from swing high of 3500 level. Although the intermediate price structure is bullish the last bearish swing is still intact.
Based on the chart I could see one supply area around 2.3k 2.9k area. 3.5k is my swing supply zone.
short term support im lookng at 1490 1266 and 993. Im expecting possible price reaction at these levels.
Overall the intermediate structure looks great but im not saying that im bullish yet on ETH. I would probably change medium term outlook if it breaks the 50% fib level and recheck the charts again but unless the daily swing high has not been broken I would remain cautious in saying bullish.
We could probably look for possible short term scalp buys WITH CONFIRMATION ON LTF.
Be careful not to be trapped on those zones and getting in early. Wait for confirmations.
4h short term structure
Green till 28k if we break this trendlineI am looking for a break of the trendline if we close above 200 WMA this week, this upside break of the trendline would take us to the 28k - 29k region.
BITCOIN MACRO ANALYSIS (but short?)Are you ready for this conversation? Rising wedge broken and being tested..
Bearish pattern..
See you at 10k suckers!
I'm full cash bread.
BTC still bullishBitcoin is still bullish.
If we close below 45.5k however, expect a dump.
Buying targets are green
TP red
