Satoshi_iq

The Dump is Coming based on this analysis, it seems like Bitcoin is likely to drop to the 22k-21k range in the coming days. The Cypher pattern is a popular technical analysis tool used to predict potential price movements based on certain ratios between price points. In this case, the pattern suggests that Bitcoin has completed a bullish trend and is now due for a correction. Looking at the recent price action, we can see that Bitcoin has been trading within a range for some time now, and it has struggled to break out of the upper boundary. This indicates a lack of buying pressure, and with the recent negative news surrounding Bitcoin, it's likely that we'll see a bearish move soon. Moreover, the 22k-21k range is a significant support zone for Bitcoin, and it's likely that buyers will step in at those levels, which could provide a base for the next bullish move. In summary, based on the Cypher pattern and recent price action, it's likely that Bitcoin will drop to the 22k-21k range in the coming days. However, this could provide an opportunity for buyers to step in and push the price back up. As always, it's important to keep an eye on the market and adjust your strategy accordingly.

Bitcoin is now in a corrective wave (4)Now we are waiting for the price to reach the colored square and then it will Pump* pattern fails if wave (4) crosses 27.5K and retestGod Bless U ^_^

ADA tested the support zone and bounced from there. We hope that you build your position near the support area. You can place your stop loss below $1.25 area. The first resistance for ADA is $1.8 and major resistance is $2 area.

Bitcoin trying to go above the $58,100 resistance area but get rejected from there. The wicks showing price rejection. BTC is taking local support at $56,800 and a break below this again send us to $55,000 area or below. We will see high volatility from next week.

DOT tested the $32 support area and bounced from there. The major resistance for DOT is now $38-$40 area and DOT need to break it. We may see some sideways movement for next few days. You can accumulate more DOT near support areas.

ETH again tested the support and hold it perfectly. ETH is now going towards the $4450 resistance area and if this resistance breaks then we will see a rally towards $4600. The local support is $4200 and major support remains the same of $3900-$4000 area. ETH daily candle also holds above $4000 which is good sign.

As expected BTC whales leave a wick below the support zone to liquidate overleveraged position and trigger stop loss. Bitcoin tested the $58,100 resistance area and need to break and hold above it. If BTC hold above $58,100 then we see a test of $60,000. Monthly candle coming and a close above $59,000 is bullish.

DOGE break the support of $0.215 and now testing the lower support. DOGE is now testing the last support of $0.19-$0.20 area and if unable to hold this then we see heavy sell-off in the market. The next good support is $0.16-$0.168 area. The resistance levels are shown in the chart. DOGE need to reclaim the $0.215 area to turn bullish. You can start accumulating DOGE near $0.19-$0.196 area.

BTC unable to break the local resistance of $56,000. Currently, #BTC is playing around the bottom of the support zone and this zone must needs to hodl as next major support zone is around $48,700. Whales might play a little below of the support zone to liquidate the high leveraged traders.

DOT strongly broke the support zone as BTC broke below $55,000. Now, alts can recover a but but proper push is not expected. Around $32 is the good support zone and around $29 is the major support area. You can average out the position as DOT will quickly recover as it's a strong coin.