Skip to content Skip to sidebar Skip to footer

Bitcoin: BTC / USD

The mismatch in our indicators in the 4-hour timeframe is remarkable. Our region that responds as strong resistance has been tested as support and approved as a support zone 2 times after breaking. As long as there is no candle near the bottom of 10500, the upward trend may continue. This level needs to be carefully monitored in order for the downward trend to begin. In the hourly time frame, there is a harmonic bat pattern formation. If our price move rises to 11938, sales pressure could come from that level.

  • Support levels: 11300 and 11000
  • Resistance levels: 11938 and 12100

Ethereum: ETH / USD

In our chart, which broke the last peak and closed the candle on it, the upward trend in the medium term began. The same level was tested with a hard-falling candle and approved as the support level. Our region, which works as resistance, can now function as a level of support by making a resistance-support transformation. If the support level is tested again, the rectangular formation may begin to form, it should be carefully monitored. If our region, shown in red, breaks and closes above the candle, it confirms the upward trend and a rise of $465 could be seen. The formation should be expected if it moves in a horizontal course.

  • Support levels: 377 and 365
  • Resistance levels: 408 and 425

Litecoin: LTC / USD

Our rectangular formation, which we followed in the Diary, took its target. The discrepancy in our indicators should be carefully monitored in our 4-hour chart. The reverse flag formation is complete in our hourly chart, and sales pressure can come with a downward break and a candle closing underneath. We also have harmonic bat pattern formation on our hourly chart. If the increase continues, sales pressure could come with the completion of mold formation.

  • Support levels: 57 and 55
  • Resistance levels: 61 and 63.50

Ripple: XRP / USD

The harmonic bat pattern we followed in the diary has completed its formation. After completing formation it declined with difficult sales but our employee level, which was previously resistance, reacted as a level of support. In our 4-hour chart, our chart, which is in the formation of an asymmetric triangle, can continue its upward trend by breaking strongly in the upward direction of the Triangle and closing the candle on it. But it would be wise to expect a correction from those levels.

  • Support levels: 0.29000 and 0.27000
  • Resistance levels: 0.31000 and 0.32000

Leave a comment