We see two technical factors at this weekly chart. Firstly, we see a strong demand/ support zone , which is being tested by the price action. Right now, there is no such rejection on lower time frames. Therefore, we have to wait. Secondly, we see a descending channel , where market is testing the lower trendline. We need to see a rejection from this area.
AAVE – Nice potential for growth🧐 AAVE / TetherUS BINANCE:AAVEUSDT Artem_Dishel ⭐️ BTC bullish ⭐️ Mirror level is visible on daily timeframe ⭐️ Volume is at bottom ⭐️ Lots of touches ⭐️ Level is 41 […]
Bitcoin: Ask Where Not Why. Bitcoin / U.S. dollar BITSTAMP:BTCUSD MarcPMarkets Bitcoin could not break the 45K resistance over the previous week. This establishes a lower high consolidation and increases the chances of a lower […]
BTC end of accumulation? BTC Perpetual Futures Contract BINANCE:BTCPERP PierreBezuchov It loks like we have reached the last accumulation phase called JTC (jump the creek), i hope i am right 😉