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$BTC
continues to progress as I expected. It seems like it will not ease until the lower band liquidation is swept.
Timechain Coder
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$BTC swept the swing high liquidation and currently rejecting. If candle body closes below middle red box, lower liquidation level should be waited.
For the rise, the same conditions I mentioned in the previous post apply.
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BTC
94,235.08
-2.29%
471
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$BNB continues to be more positive than the market. After making a CHoCH on the internal structure, it was able to make a new HH. The 690 level works as an S-R flip support zone and pivot in the short-term chart. Daily closings above this level are important. When the current correction is completed and the up swing movement begins on 4H, candle body closing above the 721 level should be made for the continuation of the short-term upward trend.
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$SOL After retesting the declining trend line in the zone we are following, made a bounce from that exact point and after the second testing the trend support again, it could not make a new HH. In a downtrend continuation scenario, this level may not hold and drops below it can be expected. In this case, as long as the 203 level cannot be broken, the first supports to be followed are as I marked on the chart.
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$ETH continues to progress as expected. It retreated because 3,555 could not be broken and a new HH could not be made. As long as this level cannot be broken, a new LL is expected. It seems ideal for it to gain strength from the lower liquidation level and create a reversal formation.
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#USDT.D is looking strong on the daily chart and has reached the important resistance level of 4.34% again. After this level was broken downwards, there were good increases in the market up to the green box, but it has been retested many times and has worked so far as a resistance. If it holds above this level, major corrections may continue. If it stays below and moves towards 4.0% and the green box, it will create a sense of relief in the entire market. It is important to keep an eye on this data when evaluating your positions. $BTC $ETH $XRP
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$PEPE Current bounces up to 0.000018 -0.00001975 are only a retest of the decline. We need a (HH) Higher High to see in the inner structure for bullish confirmation, the candle body needs to close above red line 0.00001975
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