trendline
159,252 megtekintés
52 Bejegyzések
Népszerű
Legfrissebb
Terra LUNA & LUNC:
With Bitcoin At $60K Slump, Will Terra Coins Make A Comeback?
Despite the Bitcoin price taking a hit to $60K, the altcoins make a comeback with a recovery rally. In this reversal, the Terra Luna (LUNA) and Terra Classic (LUNC) kicked off a bullish jump last night.
Taking support from crucial levels, will the Terra tokens form a new lower high? Or is the recovery rally ready for a breakout rally in 2024?
Let’s look closer at the $LUNA and LUNC price charts to find out the upside potential.
Will Luna Classic Challenge Overhead Trendline?
With a long-term resistance trendline in the daily chart, the $LUNC price chart displays a massive correction spree. The Terra Classic price trend reveals a lower high formation and a failed rising channel pattern.
Breaking under the rising channel, the recent sell-off from the resistance trendline accounts for a 30% drop. Following the downfall, the Terra Classic price forms a morning star pattern at $0.000076.
Currently, the #TerraClassic token trades at $0.000081 following the $8.76% jump last night. This completes the morning star with a bullish engulfing candle.
If the bull run is sustained, the uptrend can result in a new peak at the resistance #trendline , which is near $0.00010. However, a breakout of the psychological resistance can result in a trendline breakout for an extended bull run.
With this trend reversal, the uptrend in the #LUNC✅ price can reach the 50% Fibonacci level at $0.00015.
#MiCA #IntroToCopytrading
With Bitcoin At $60K Slump, Will Terra Coins Make A Comeback?
Despite the Bitcoin price taking a hit to $60K, the altcoins make a comeback with a recovery rally. In this reversal, the Terra Luna (LUNA) and Terra Classic (LUNC) kicked off a bullish jump last night.
Taking support from crucial levels, will the Terra tokens form a new lower high? Or is the recovery rally ready for a breakout rally in 2024?
Let’s look closer at the $LUNA and LUNC price charts to find out the upside potential.
Will Luna Classic Challenge Overhead Trendline?
With a long-term resistance trendline in the daily chart, the $LUNC price chart displays a massive correction spree. The Terra Classic price trend reveals a lower high formation and a failed rising channel pattern.
Breaking under the rising channel, the recent sell-off from the resistance trendline accounts for a 30% drop. Following the downfall, the Terra Classic price forms a morning star pattern at $0.000076.
Currently, the #TerraClassic token trades at $0.000081 following the $8.76% jump last night. This completes the morning star with a bullish engulfing candle.
If the bull run is sustained, the uptrend can result in a new peak at the resistance #trendline , which is near $0.00010. However, a breakout of the psychological resistance can result in a trendline breakout for an extended bull run.
With this trend reversal, the uptrend in the #LUNC✅ price can reach the 50% Fibonacci level at $0.00015.
#MiCA #IntroToCopytrading
Will Terra Luna Reach $0.00017?
Similar to the #TerraClassic price chart, the #LUNA✅ price trend shows a similar downtrend with a strong resistance trendline at play. Mimicking a similar rising channel breakdown, the Terra ($LUNA ) price drops by 40% in two weeks.
With the breakdown rally taking support at the $0.000070 mark with lower price rejections, the altcoin teases a comeback. Further, the overnight jump teases a bullish crossover in the MACD indicator while the #RSI line takes off from the oversold boundary.
If the reversal rally sustains momentum, the uptrend in the Terra token price can challenge the overhead #trendline at $0.00012. However, the resistances at $0.00010 and $0.00011 can result in some hiccups along the way.
#MiCA
Similar to the #TerraClassic price chart, the #LUNA✅ price trend shows a similar downtrend with a strong resistance trendline at play. Mimicking a similar rising channel breakdown, the Terra ($LUNA ) price drops by 40% in two weeks.
With the breakdown rally taking support at the $0.000070 mark with lower price rejections, the altcoin teases a comeback. Further, the overnight jump teases a bullish crossover in the MACD indicator while the #RSI line takes off from the oversold boundary.
If the reversal rally sustains momentum, the uptrend in the Terra token price can challenge the overhead #trendline at $0.00012. However, the resistances at $0.00010 and $0.00011 can result in some hiccups along the way.
#MiCA
In a 4h time frame #BNB/USDT has broken out of it's trend line resistance. A successful retest can bring high risk:reward buying opportunity and we can see bullish wave soon.📈
Follow us for more update like this.🔥
#BNBUSDT #resistance #trendline #chartpatterns #BTC
Follow us for more update like this.🔥
#BNBUSDT #resistance #trendline #chartpatterns #BTC
#BTC same pattern no ? #Pump , get stuck in a channel , break the 30 day simple MA , dance around it and #dump since the beginning of the year , but now #Bitcoin is still above that #trendline . Do we test it as support and continuation to those higher price predictions? I'm not so sure . #Altcoins bleeding. have a great weekend 👊
#BTC/USDT ANALYSIS
#BTC rejected the resistance #trendline of the falling wedge and currently holding above its support trendline and the horizontal #support. RSI is in the oversold region and displaying a #bullish divergence.
A bounce is expected from here, while a solid breakout or breakdown of the falling wedge would confirm the next move.
#BTC rejected the resistance #trendline of the falling wedge and currently holding above its support trendline and the horizontal #support. RSI is in the oversold region and displaying a #bullish divergence.
A bounce is expected from here, while a solid breakout or breakdown of the falling wedge would confirm the next move.
🚀Mastering HODLing: Simple Yet Not Easy 💪🔐
HODLing, the art of holding onto your crypto assets, is a straightforward concept but requires resilience. In the volatile world of #BTC, embracing the long-term vision can be challenging, yet it's the key to enduring success. Keep HODLing strong! 💼🌐 #CryptoHODL #BitcoinJourney #trendline #buythedip
How to draw a trend line ?
Trend lines… You see them on everyone’s charts but you probably how no idea how to draw them. Don’t worry, we don’t use them just to make chart look pretty, we use it to identify key directions and trends a chart is moving in. This determines what position takes when we go to enter positions!
Bullish, or bearish 📈📉
#trendline #chartpatterns #Education_post #BTC #AltcoinPredictions
Trend lines… You see them on everyone’s charts but you probably how no idea how to draw them. Don’t worry, we don’t use them just to make chart look pretty, we use it to identify key directions and trends a chart is moving in. This determines what position takes when we go to enter positions!
Bullish, or bearish 📈📉
#trendline #chartpatterns #Education_post #BTC #AltcoinPredictions
How to draw trend line ?
#Educational
How to draw trend line ?
A trendline is a charting tool used to determine the market's direction by connecting prices using support or resistance. A trendline can also be seen as a straight line that joins two lower highs or higher highs.
Drawing trend lines comes with a few rules A trendline should connect a minimum of 2 swing tops or bottoms, more touches means it’s stronger. A trendline should not cut through a candle or candles.
A trendline can only be based on closed the candle . To draw an uptrend line, you start with a swing low on the left-hand side of the chart and connect it to a higher swing low.
To draw a downtrend line, you begin with a swing high on the Lefthand side of the chart and connect it to a lower swing high.
Trend following is a trading strategy that buys when the price is rising and sells short when the price is falling.
#Binance #crypto2023 #BTC #trendline #leontech
How to draw trend line ?
A trendline is a charting tool used to determine the market's direction by connecting prices using support or resistance. A trendline can also be seen as a straight line that joins two lower highs or higher highs.
Drawing trend lines comes with a few rules A trendline should connect a minimum of 2 swing tops or bottoms, more touches means it’s stronger. A trendline should not cut through a candle or candles.
A trendline can only be based on closed the candle . To draw an uptrend line, you start with a swing low on the left-hand side of the chart and connect it to a higher swing low.
To draw a downtrend line, you begin with a swing high on the Lefthand side of the chart and connect it to a lower swing high.
Trend following is a trading strategy that buys when the price is rising and sells short when the price is falling.
#Binance #crypto2023 #BTC #trendline #leontech
Market Update -
The #trendline I highlighted in the previous update played a crucial role in yesterday's price action.Notice Once broken, the retest around $64700 offered the most significant move over the weekend.
Currently, it appears that the price is holding strong above $60k, establishing a solid consolidation level. I'm eagerly awaiting a breakout above $69k (2021 ATH). Once this level is confirmed as support, we could witness the next leg up. Let's observe how the Monday Range unfolds.
Additionally, it's worth noting a #CME gap around the $63600 area, suggesting a potential move to fill this gap. I still have a buy order set between $59k and $60k to see if this scenario materializes. A close above $72k would make me very bullish.
Thankyou.
The #trendline I highlighted in the previous update played a crucial role in yesterday's price action.Notice Once broken, the retest around $64700 offered the most significant move over the weekend.
Currently, it appears that the price is holding strong above $60k, establishing a solid consolidation level. I'm eagerly awaiting a breakout above $69k (2021 ATH). Once this level is confirmed as support, we could witness the next leg up. Let's observe how the Monday Range unfolds.
Additionally, it's worth noting a #CME gap around the $63600 area, suggesting a potential move to fill this gap. I still have a buy order set between $59k and $60k to see if this scenario materializes. A close above $72k would make me very bullish.
Thankyou.
$PENDLE seems to be in a mood.🚀
Follow us for more.🔥
#PENDLE #trendline #Write2Earn #PENDLE/USDT #charts
Follow us for more.🔥
#PENDLE #trendline #Write2Earn #PENDLE/USDT #charts
#TrendingTopic
🌖 Terra Classic (LUNC) Price Bullish Strategy Eyeing $1 Depends On 3 Key Factors
#TerraClassic (LUNC) is currently stable between $0.0001846 and $0.0002, with an 83.5% increase to $0.0001945 despite a recent 2% dip following #Bitcoin 's drop. The community focuses on network improvements, and the short-term price aims to overcome the 20-day EMA resistance.
In a broader context, LUNC fluctuates within a 0.618 Fibonacci support and 0.382 Fibonacci barrier range. The RSI at 51 indicates neutrality, and a breakout from the $0.0001846-$0.0002 range is needed for a clear direction. Traders considering dips may use a dollar-cost average strategy. An RSI bullish crossover and breaking the ascending #trendline with 20-day EMA support could signal short-term bullish momentum.
Despite a correction, $LUNC holds above the 50-day EMA and the 200-day EMA. Efforts to reduce circulating supply and achieve a $1 target continue, supported by a token burn mechanism and ongoing community proposals.#BTC
🌖 Terra Classic (LUNC) Price Bullish Strategy Eyeing $1 Depends On 3 Key Factors
#TerraClassic (LUNC) is currently stable between $0.0001846 and $0.0002, with an 83.5% increase to $0.0001945 despite a recent 2% dip following #Bitcoin 's drop. The community focuses on network improvements, and the short-term price aims to overcome the 20-day EMA resistance.
In a broader context, LUNC fluctuates within a 0.618 Fibonacci support and 0.382 Fibonacci barrier range. The RSI at 51 indicates neutrality, and a breakout from the $0.0001846-$0.0002 range is needed for a clear direction. Traders considering dips may use a dollar-cost average strategy. An RSI bullish crossover and breaking the ascending #trendline with 20-day EMA support could signal short-term bullish momentum.
Despite a correction, $LUNC holds above the 50-day EMA and the 200-day EMA. Efforts to reduce circulating supply and achieve a $1 target continue, supported by a token burn mechanism and ongoing community proposals.#BTC
#Bitcoin-BTC seems to be heading for some kind of move. I see alot of confluence. Bollinger pressure tightening $BTC between the top of the channel headed towards that #trendline isn't this whole channel 5 waves ? is this the continuation of the 5th wave ? or are we going to break down to 35k ? #ETF #fomo ,, yeah I'm #bullish #RSI is high but I think Bitcoin is going for its #bearmarket high. this is not a signal , I don't trade , I'm looking to take profits on what I hold at the best time before the #halving pullback and use those profits to accumulate what I can during the pullback and such. this is not finacial advice , this is my personal experience and speculation. so yeah, take it with a grain of salt 👍$RDNT $RVN
Navigating Today's $Bitcoin Market: Major Support Levels to Watch
In today's ever-changing Bitcoin market, support levels have become increasingly essential for traders and investors alike, as they help establish a sense of stability amidst the notoriously volatile cryptocurrency landscape. These crucial levels are particularly important to monitor when the support trend line is broken – indicating that significant support levels might come into play.
As the market adjusts and reacts to various factors such as institutional investments, regulatory updates, and global economic developments, identifying key support levels is vital to making informed decisions within of Bitcoin.
#bitcoin #trading #trendline #fibonacciretracement #BitcoinAnalysis
In today's ever-changing Bitcoin market, support levels have become increasingly essential for traders and investors alike, as they help establish a sense of stability amidst the notoriously volatile cryptocurrency landscape. These crucial levels are particularly important to monitor when the support trend line is broken – indicating that significant support levels might come into play.
As the market adjusts and reacts to various factors such as institutional investments, regulatory updates, and global economic developments, identifying key support levels is vital to making informed decisions within of Bitcoin.
#bitcoin #trading #trendline #fibonacciretracement #BitcoinAnalysis
$YGG is finally trying to breakout🚀how much will it fly?
We can expect 0.49 if it breaks out even 0.54 area, this will be true only if $BTC doesnt make bearish chart in the short timeframe, also $YGG support lines are very clear.
Nearest support seems to be around 0.44-0.45 area, if it breaks we may see the price go towards lower support which seems to be at 0.41-0.42 area.
Follow me for more content, news, even signals in future.
Freedom of money.
#breakout #trendline #YGG/USDT #YGG
We can expect 0.49 if it breaks out even 0.54 area, this will be true only if $BTC doesnt make bearish chart in the short timeframe, also $YGG support lines are very clear.
Nearest support seems to be around 0.44-0.45 area, if it breaks we may see the price go towards lower support which seems to be at 0.41-0.42 area.
Follow me for more content, news, even signals in future.
Freedom of money.
#breakout #trendline #YGG/USDT #YGG
what is going on right now ? $BTC back to the top trying to make it support again ? #BTC popped. I don't know 🤷♂️ but it's great 🚀 maybe get stuck in a broadening wedge with that #trendline just up and to the right 🤣 $BNB $RVN
Bitcoin Price Analysis: $BTC Bulls Fight For Control, Will $31200 Resistance Give Way?
#GOATMoments Bitcoin Price #Analysis : Over the past seven months, the Bitcoin price showed a steady recovery in the weekly time frame chart. This rally backed by a rising #trendline made a series of new higher highs and lows, resorting the bullish sentiment back to the largest cryptocurrency. Amid this bull run, the buyers reclaimed the first Fibonacci retracement barrier of 23.6% at $28000, giving an additional boost to further rally.
Also Read: US Fed Powell, ECB Lagarde Aggressively Hawkish, Can #bitcoin Price Still Hit $35000?
Bitcoin Price Daily Chart
The Bitcoin price moved in a no-trading zone at $31200 and $29700.
The potential buyers can look at the entry for $31200 or a retest to the rising trendline.
The intraday trading volume in Bitcoin is $11.76 Billion, indicating a 27.5% loss.
Source-Tradingview
With a significant upswing in Mid-June, the Bitcoin price recently rechallenges the last swing high resistance near $31200. However, it’s been two weeks since the buyers are struggling to break this barrier, creating a narrow range of consolidation.
The breakout above the range barrier of $31200, will indicate that the bullish momentum is aggressive and thus, the buyers may drive the $BTC price to the potential target of $36000, followed by $42400.
Conversely, a possible breakdown below the $29700 range support, will also indicate the failure of buyers to break the last swing high and thus weakness in bullish momentum.
This potential correction could tumble the price by 8% and retest the $28000 at 23.6% FIB.
Will Bitcoin Recovery Rally Sustain?
The potential pullback at $28000 support would also meet the long-coming support that’s been leading an uptrend for the last seven months. This retracement could offer a dip opportunity to reaccumulate at this trendline. Therefore, the market participants can maintain a bullish outlook until this trendline is intact.
Exponential Moving Average: The Bitcoin price above the weekly EMAs(20, 50, and 100) reflects a bullish sentiment among traders.
Relative Strength Index: A bearish divergence in the daily RSI slope project weakness and a higher chance of $29700 support.#pepe
Also Read: US Fed Powell, ECB Lagarde Aggressively Hawkish, Can #bitcoin Price Still Hit $35000?
Bitcoin Price Daily Chart
The Bitcoin price moved in a no-trading zone at $31200 and $29700.
The potential buyers can look at the entry for $31200 or a retest to the rising trendline.
The intraday trading volume in Bitcoin is $11.76 Billion, indicating a 27.5% loss.
Source-Tradingview
With a significant upswing in Mid-June, the Bitcoin price recently rechallenges the last swing high resistance near $31200. However, it’s been two weeks since the buyers are struggling to break this barrier, creating a narrow range of consolidation.
The breakout above the range barrier of $31200, will indicate that the bullish momentum is aggressive and thus, the buyers may drive the $BTC price to the potential target of $36000, followed by $42400.
Conversely, a possible breakdown below the $29700 range support, will also indicate the failure of buyers to break the last swing high and thus weakness in bullish momentum.
This potential correction could tumble the price by 8% and retest the $28000 at 23.6% FIB.
Will Bitcoin Recovery Rally Sustain?
The potential pullback at $28000 support would also meet the long-coming support that’s been leading an uptrend for the last seven months. This retracement could offer a dip opportunity to reaccumulate at this trendline. Therefore, the market participants can maintain a bullish outlook until this trendline is intact.
Exponential Moving Average: The Bitcoin price above the weekly EMAs(20, 50, and 100) reflects a bullish sentiment among traders.
Relative Strength Index: A bearish divergence in the daily RSI slope project weakness and a higher chance of $29700 support.#pepe
Bitcoin has slightly touched the support zone and gone up. Also there is a breakout in the treadline. Retest is done. Is it going up?
#BTC #trendline #Breakout #SupportLines
#BTC #trendline #Breakout #SupportLines
