LitanaCrypto

28/11/2022

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28/11/2022

📈 ETH Update

ETH is now moving inside the channel and bounced beautifully from the lower border of the channel. Ethereum is currently trading near the $1200 level. ETH has very strong resistance at $1270. As soon as we break through and consolidate above the $1270 level, we will have a high probability of testing the upper border of the channel around the $1500-$1600 level.

If we bounce down from this level, we will have to test the lower border of the channel at $1080 again.

More updates - in the next reviews 🙌🏻
Do not miss.

28/11/2022

BTC/USDT

Bitcoin broke the slope on the LTF chart and bounced off it.
We are currently holding $16.4k.
And the longer we hold this level, the higher the chance to see the price of $18400.

19/11/2022

PlanB believes 🤑

The crypto analyst points out (https://twitter.com/100trillionUSD/status/1589272376034070530) BTC rising above the realized price, as it did during the start of the bull markets in January 2012, October 2015 and April 2019.

10/11/2022

07/11/2022

James Zhong stole over $3 billion BTC from Silk Road by committing wire fraud and possibly faces over 20 years in prison in the latest U.S. seizure.

07/11/2022

The huge rising wedge on the chart is hard to ignore. This is a well-known bearish pattern that can bring the price down significantly.

However, the wedge is "too obvious" for me. I really can’t imagine that they will break through it and leave immediately for 20 thousand dollars. The fact is that the resistance of $24650-$25200 is really strong, and so far the bulls have not been able to break it. Each rollback after the touch gets smaller and smaller, the resistance getting thinner each time.

Blind TA says is looking down. Common sense says otherwise. I remain unchanged, there is no reason to actively trade while the market is unstable.