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Weishaupt
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The SEC postponed the matter for ETFs and $SOL is sky rocketing!! We broke 3 strong resistance levels and we’re still in a strong bullish trend. The most likely scenario to happen next is $SOL testing resistance on 182, if it breaks higher, we can see sol at 185. Good luck lads. #BullRunAhead #buythedip #altcoins #BlackRock #BTC

The SEC postponed the matter for ETFs and $SOL is sky rocketing!! We broke 3 strong resistance levels and we’re still in a strong bullish trend.

The most likely scenario to happen next is $SOL testing resistance on 182, if it breaks higher, we can see sol at 185.

Good luck lads.

#BullRunAhead #buythedip #altcoins #BlackRock #BTC

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I think for tomorrow, the market is going to experience a pullback. Btc might retest 72k but I’m not optimistic that it would make a break out from there, I think it would touch 72 then go down back to the current consolidation level where it would either consolidate again, or break down, and from there I’m expecting it to dip towards 65k..whoever if it did break out, I’m sure its going to push towards 75k or more. As for the next couple weeks BTC is still bullish so after the correction(if scenario 1 happens) I think it will go to 72k test, break out and go to 75k-80k I am not a financial advisor! Please DYOR!! $BTC $SOL #Binance200M
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SOLANA ANALYSIS ‼️ Solana has been very strong, creating HH and HL..lets break down everything. 1. Chart Pattern Analysis: - The chart shows a bullish trend with higher highs and higher lows. - A recent breakout above previous resistance at around $170.61 suggests bullish momentum. 2. Technical Indicators: - RSI (Relative Strength Index): The RSI values (RSI6: 62.64, RSI12: 62.16, RSI24: 61.87) are in the range of 60-70, indicating a moderately strong bullish momentum but not yet overbought. -Volume: The volume indicator shows significant activity, with a recent peak. Increased volume on upward movements supports the bullish case. -Moving Averages: The short-term moving averages (MA5 and MA10) are rising, further confirming the bullish trend. 3. Probabilistic Analysis: - Bullish Scenario: Given the breakout above resistance, the rising RSI, and strong volume, there is a high probability of continued upward movement. - Bearish Scenario: If the price fails to hold above the breakout level and RSI starts declining, there could be a retracement. This is less likely based on the current indicators but still possible. #Summary - Bullish Continuation Probability: 70% - Bearish Retracement Probability: 30% $SOL $BTC #BNBCrossing660
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Crypto Whales Withdraw $3 Billion in ETH from Exchanges After Spot Ethereum ETF Approval A recent analysis by CryptoQuant highlights that unidentified entities have withdrawn over 800,000 Ethereum (ETH) from crypto exchanges, valued at approximately $3 billion. The migration of such a large volume of ETH from exchanges typically indicates a preference for holding assets in self-custodial platforms. This situation leads to tighter supply conditions on crypto exchanges. Therefore, Kesmeci projected that the current withdrawals would positively influence Ethereum’s price in the medium term. The reduction in exchange-held ETH often hints at a future supply squeeze, potentially driving prices higher as availability diminishes. $ETH $BTC #StartInvestingInCrypto #ETHETFsApproved #BinanceLaunchpool
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$SOL Technically Analysis 1. Moving Averages (MA): - MA(7): 167.43 - MA(25): 167.11 - MA(99): 166.68 - The current price (166.91) is hovering around these moving averages, indicating potential consolidation or sideways movement. 2. Relative Strength Index (RSI): - RSI(6): 30.74 (indicating oversold conditions) - RSI(12): 41.81 (neutral-bearish) - RSI(24): 47.63 (neutral) - The RSI values suggest that the price is in oversold territory on the shorter timeframe, which could lead to a potential rebound. 3. Volume: - Volume has slightly increased, indicating some trading activity, but not significant enough to denote a strong trend. 4. MACD (Moving Average Convergence Divergence): - DIF: 0.10 - DEA: 0.12 - MACD Histogram: -0.02 - The MACD shows a slight bearish momentum, but it is close to the zero line, suggesting weak trend strength. • Chart Pattern: - The chart shows a recent high at 170.94 and a low at 163.67, with the current price around 166.91. - The price has been oscillating and consolidating between 165.97 and 168.64, similar to the previous chart. • Probability Prediction: - Bullish Scenario (up to 170.94): 55% - The oversold RSI(6) indicates a potential rebound, but overall momentum is weak. - Bearish Scenario (down to 163.67): 45% - Given the slight bearish indication from MACD and overall neutral-bearish RSI. • Conclusion: - Short-Term Outlook: Slightly bullish with a 55% probability of testing previous highs around 170.94, but the weak overall momentum suggests caution. - Risk Factors:Oversold conditions could lead to a short-term rebound, but the overall trend strength is weak, indicating the possibility of continued consolidation or minor pullback. #StartInvestingInCrypto
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