hacklink hack forum hacklink film izle hacklink mamibet login mamibet mamibet login qqmamibet jojobet

Crypto Shuttle News

Tag: Fresh

Bitcoin Key Indicators Suggest Strengthening Case For Fresh Surge
[ad_1]
Bitcoin is slowly gaining pace above $46,500 against the US Dollar. BTC must clear $47,000 to move into a positive territory in the short term.
- Bitcoin is slowly moving higher above the $46,500 resistance zone.
- The price is trading above $46,200 and the 100 hourly simple moving average.
- There is a major bearish trend line forming with resistance near $46,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could start a strong increase if there is a clear move above the $47,000 resistance.
Bitcoin Price Eyes Upside Break

Bitcoin price extended decline and tested the $45,150 zone. BTC formed a base above $45,150 and started a fresh increase. There was a break above the $45,500 and $45,800 levels.

The price was able to climb above the 50% Fib retracement level of the recent decline from the $47,444 swing low to $45,153 low. It is now trading above $46,200 and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $46,700 level.

Besides, there is a major bearish trend line forming with resistance near $46,700 on the hourly chart of the BTC/USD pair. The next resistance could be near $47,000 or the 76.4% Fib retracement level of the recent decline from the $47,444 swing low to $45,153 low.
```
Source: BTCUSD on TradingView.com
```
A clear move above the $47,000 resistance could start a major increase. In the stated case, the price may perhaps rise towards the $48,000 resistance. Any more gains might send the price towards the $50,000 barrier. An intermediate resistance may possibly be near the $49,250 level.

Upsides Capped in BTC?

If bitcoin fails to clear the $47,000 resistance zone, it could start another decline. An immediate support on the downside is near the $46,200 level and the 100 hourly simple moving average.

The next major support is seen near the $45,800 level. The main support now sits near the $45,150 level. A downside break below the $45,150 support zone could start a major decline. In the stated case, the price could even decline to $44,000 in the near term.

Technical indicators:

Hourly MACD – The MACD is slowly gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is above the 50 level.

Major Support Levels – $46,200, followed by $45,150.

Major Resistance Levels – $47,000, $48,000 and $50,000.
[ad_2]

Source link
April 5, 2022
Why Ethereum Needs To Clear $2,650 For Hopes of a Fresh Rally
[ad_1]
Ethereum extended decline below the $2,525 support zone against the US Dollar. ETH price remained bid near $2,500 and currently attempting an upside break.
- Ethereum is still struggling to clear the $2,600 and $2,625 resistance levels.
- The price is now trading below $2,600 and the 100 hourly simple moving average.
- There is a key bearish trend line forming with resistance near $2,580 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start a fresh decline if it fails to clear $2,625.
Ethereum Price Faces Hurdles

Ethereum started a fresh decline from well the $2,625 zone. ETH traded below the $2,550 and $2,525 support levels to move into the red zone.

The price even spiked below $2,500 and settled below the 100 hourly simple moving average. Ether price traded as low as $2,486 and recently recovered sharply. There was a clear move above the $2,525 and $2,550 resistance levels.

The bulls pumped the price above the 50% Fib retracement level of the recent decline from the $2,624 swing high to $2,486 low. It is now facing resistance near the $2,580 level.

There is also a key bearish trend line forming with resistance near $2,580 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the recent decline from the $2,624 swing high to $2,486 low.
```
Source: ETHUSD on TradingView.com
```
The first major resistance is seen near the $2,625 level. The next major resistance is near the $2,650 level. A close above the $2,650 resistance could start a steady increase. In the stated case, the price might rise towards the $2,750 level.

Fresh Decline in ETH?

If ethereum fails to start a fresh increase above the $2,625 level, it could start another decline. An initial support on the downside is near the $2,550 level.

The next major support is near the $2,500 level. A close below the $2,500 support zone could even push the price below $2,480. The next major support might be near the $2,420 level, where the bulls might take a stand. If they fail, there is a risk of a move towards the $2,350 level.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is now gaining pace in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 level.

Major Support Level – $2,500

Major Resistance Level – $2,650
[ad_2]

Source link
March 14, 2022
Bitcoin Recovery Halts, Technicals Suggest Fresh Decline To $36K
[ad_1]
Bitcoin is struggling to recover above the $38,400 resistance zone against the US Dollar. BTC could resume decline if it stays below the $38,500 level.
- Bitcoin is currently facing resistance near the $38,400 and $38,500 levels.
- The price is trading below $38,500 and the 100 hourly simple moving average.
- There is a crucial bearish trend line forming with resistance near $38,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could start a fresh decline if there is no clear move above $38,500.
Bitcoin Price Faces Hurdle

Bitcoin price found support near the $36,350 after a sharp decline. BTC formed a base and started a recovery wave above the $37,000 level. The price was able to surpass the $37,500 resistance level.

The bulls pushed the price above the 50% Fib retracement level of the key decline from the $39,492 swing high to $36,366 low. There was also a push above the $38,000 level. However, the price is now facing a strong resistance near the $38,250 level.

The 61.8% Fib retracement level of the key decline from the $39,492 swing high to $36,366 low is also near the $38,250 level. The next key resistance is near the $38,400 level.

There is also a crucial bearish trend line forming with resistance near $38,450 on the hourly chart of the BTC/USD pair. A clear move above the trend line resistance could send the price to $38,800 and the 100 hourly simple moving average.
```
Source: BTCUSD on TradingView.com
```
To gain bullish momentum, the price must settle above the $38,800 level. In the stated case, there are chances of a move above the $39,500 resistance.

Fresh Decline in BTC?

If bitcoin fails to start a recovery wave above the $38,400 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $37,250 zone.

The next major support is seen near the $37,000 level. If there is a downside break below the $37,000 support zone, the price might gain bearish momentum for a move to $36,000. Any more losses could lead the price to $35,000.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is declining towards the 50 level.

Major Support Levels – $37,250, followed by $37,000.

Major Resistance Levels – $38,250, $38,400 and $39,500.
[ad_2]

Source link
February 23, 2022
Bitcoin price seesaws beneath $60K as anticipation builds for fresh BTC ‘short squeeze’
[ad_1]
Bitcoin (BTC) chopped and changed on Nov. 18 but held a critical support level to preserve the chance of new all-time highs.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

$90,000 remains on the table

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged between $59,000 and $60,000 Thursday, seeing $1,000 swings in minutes.

With the pair’s overall range becoming ever narrower, talk turned to a potential “short squeeze” entering to push its spot price to new, higher levels.

“Based on the Futures Market structure, the funding rate and OI momentum trends are forming a perfect setting for a ‘Short-Squeeze’ scenario,” one contributor to on-chain analytics firm CryptoQuant argued Wednesday.

“Then the question is, what price range would act as a support level?”

A similar event occurred at the end of September when Bitcoin suddenly surged into a week of almost unchecked gains, which topped out at $55,000.

For popular trader Crypto Ed, the chances were there that the $58,400 lows of recent days may be a more definitive floor.

“Maybe a bit early to post as the bottom might not be in yet, but I’m getting excited when checking next targets which don’t seem to be that far away!” he ventured Wednesday.

“In case I’m right with bottom in already or around $57k, the target is more or less the same….. $90.000 and a little bit.”

BTC/USD scenario. Source: Crypto Ed/Twitter

Analyst warns of investor complacency

Such price targets have become increasingly controversial as Bitcoin’s bull run stalls below $70,000, with less than two weeks left to hit PlanB’s “worst-case scenario” November close of $98,000.

Related: Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — Latest data

This week, PlanB reiterated the difference between that prediction and his stock-to-flow Bitcoin price models, with a failure to hit it leaving the latter intact.

To clarify: 98K Nov prediction is NOT based on S2F model but on my floor model.
As I said before (in tweets and latest podcasts), I use 3 models:
1) S2F
2) Floor model
3) On-chain model
If for example 98K Nov floor model prediction fails, that does NOT mean S2F or on-chain fails. https://t.co/tj6SSwSzKR

— PlanB (@100trillionUSD) November 17, 2021

For the short term, however, some considered the market still unprepared to support a fresh BTC price run-up.

Highlighting a lack of “fear” in sentiment, trader and analyst Rekt Capital was sober on the likelihood of a full-on trend reversal.

“Doesn’t seem that BTC investors are fearful enough towards price for this retrace to be over just yet,” he warned.

“It is Extreme Fear that precedes maximum financial opportunity, not neutrality.”

The Crypto Fear & Greed Index stood at 54/100 Thursday — “neutral” territory — having reached local highs of 84/100 on Nov. 9.

Crypto Fear & Greed Index. Source: Alternative.me