Dec 04 2023 @ 02:30
BTCUSD rally faces resistance and consolidation, signaling an impending downside. The second bounce off the rising trendline sparked a considerable rally, driving BTCUSD to the notable price level of $35000.00. Prior to the attainment of $35000.00, BTCUSD had formed a bullish order block around the $30000.00 psychological level. The impulsive momentum witnessed a decline as […]
Dec 04 2023 @ 02:06
ETHUSD is set to begin its reversal to the downside as the distribution phase ends. Following the formation of the $2030.00 high, ETHUSD was immersed in the discount as the bulls exited the market. The downtrend that emerged as a result of the crash from the $2030.00 high ended as the price approached $1530.00. Owing […]
Nov 24 2023 @ 06:55
ETHUSD shows signs of a change in trend as the price fails to form higher highs. Since the formation of the major high at $2030.00, there has been a rapid decline. This caused a structural shift to the downside as the market’s bears drove prices into the discount zone. Following the breakout from the $1875.00 […]
Nov 24 2023 @ 06:46
BTCUSD declines as the market leaves the overbought region, as indicated by the RSI (Relative Strength Index). Following the retraction at $24900.00 of substantial support, a subsequent rally emerged. This gave rise to the formation of a bullish order block on the 28th of September, 2023. The consequential bullish order block played a pivotal role […]
Nov 20 2023 @ 10:17
BTCUSD faces resistance at $37400.00 after the October 2023 surge. Following the October 2023 financial landscape shift, a notable surge in buying momentum is evident, marked by a significant increase. However, this upward trend faced a hurdle as market conditions pushed prices to a critical supply zone at $37400.00. This shift impacted market dynamics. The […]
Nov 16 2023 @ 08:45
ETHUSD has begun a retracement to the downside as the market becomes overbought. This came after a rapid increase in the price of Ethereum over the past few weeks. After a bounce off the $2137.00 resistance, the bears stormed the market, causing a clear pullback. Prior to the current uptrend, the previous uptrend occurred about […]
Nov 10 2023 @ 23:36
ETHUSD keeps breaking through major resistance levels as more bulls storm the market. The price had initially experienced a massive decline following the formation of the swing high at $2140.00. The swing high formed in May 2023, after which the price of Ethereum massively crashed into the discount zone. ETHUSD declined algorithmically in fractals until […]
Nov 10 2023 @ 23:34
Bitcoin’s value fluctuation highlights a possible correction, evident in the ongoing consolidation. Presently, BTCUSD struggles beneath the crucial $36,000 level, facing resistance-induced selling pressure. It suggests a potential dip into the discount zone, creating a liquidity void, before the uptrend resumes. This pattern signifies a temporary setback, a natural occurrence in market...
Nov 03 2023 @ 06:15
ETHUSD is set to commence a short-term retracement to the downside. ETHUSD approached a significant demand area during its upward retracement. After ETHUSD rapidly surged in June and July 2023, the market’s sentiment turned bearish. The price reached a new high at $2030.00, forming a prominent resistance level. The bearish shift occurred after a successful […]
Nov 03 2023 @ 06:06
Currently, BTCUSD remains in a distribution phase following a recent two-week expansion. It was initiated by a rebound from a developing trendline in mid-October 2023. As a result, a significant downward retracement is looming. This period of consolidation reflects the market’s attempt to find stability after the recent surge. Prior to the surge, BTCUSD had […]
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