Community Message Board
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ETH Rejected in the Green Zone
ETH has been struggling to stay above the green zone since April 13. Despite multiple bullish rebounds from the red trendline, ETH has consistently been rejected at the green zone. More recently ETH had a strong rejection at the $3,159.83 price level, and has now dropped below the green zone again. Dips below the green […]Read More
Bitcoin’s Boom or Bust Moment
BTC has gradually declined over the last few days, and the price is at a very important pivot. There was a break below the bull pennant, marked by the orange curve. However, BTC formed a strong rebound, but was unable to reach the upper end of the bull pennant. The recent selloff is raising concerns […]Read More
Bitcoin Likely to Have 3 More Bearish Months in 2024
In the two previous halving cycles, 2016 and 2020, there is a notable pattern with 4 red BTC monthly candles during the year of the Bitcoin halving. There is a pattern where the bearish monthly candles occur around the same time period: two bearish months in Q1 and two bearish months in late Q2, early […]Read More