Price is finding support at the uptrend line. We may see a test of the resistance area, and let's see if it breaks above it or not. It’s better to wait for some time before making new entries.
Price tested the support area and bounced back. You can consider opening a long position around this support level. We may see a continuation of the upward movement in the coming days.
Price is currently fluctuating between the support and resistance areas. This is a no-trade zone, and it is better to wait for a test of the support area or a breakout above the resistance area.
Price is currently trading within a downtrend channel, creating a no-trade zone. We are waiting for a breakout above the resistance line to identify new entry points.
Price recovered from the support area after the drop. You can open a long position if the price falls to the support level. We may see some accumulation before the next move.
Price is currently approaching the support area, where you can place your buy orders. We might observe some accumulation at the support zone before the next movement.
$BTC Analysis Bitcoin experienced a significant drop, pulling liquidity from lower levels. However, the U.S. government has managed to avoid a shutdown as the bill has been passed, which is a positive sign for the market's recovery. We might see a retest of the $100,000 mark, so it will be interesting to see how the price reacts at that level. #BTCOutlook
Price is now testing the support zone and needs to hold this level. You can open long position here with stop loss. We may see a bounce from here towards the resistance area.
we wasn't expecting a reversal and that's what happened, Bitcoin dipped lower and final support area around $96,000 and now this need to be hold. Additionally, Price might go for might liquidity grabs below lows $BTC
ICP dropped further lower and back to the support area. Price kinda having a rejection and but market is still bearish movement. Wait for the sell-pressure to settle down and buy after the LTF breakout. $ICP
Bitcoin failed to hold the local support zone, and dropped further towards the support at $100,000 level. Rejecting doesn't mean a reversal, need to wait for the market to build bullish market structure in lower time frame.
The price failed to break above the resistance area and was rejected. You can place your buy orders around the support area and wait. Start accumulating from the local support level.
$SEI is approaching the support area, and you can place your buy orders in this zone. We may see some accumulation at the support area before the next move. The support and resistance levels remain unchanged.
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Since the crypto markets operate 24/7, the term pre-market has a different meaning. Crypto pre-markets refer to trading platforms where investors can trade tokens before they are officially launched or distributed to the general public.
Typically, traders use crypto pre-markets to speculate on the value of tokens, buying and selling based on their projected worth post-launch. However, crypto pre-markets are not limited to tokens. In some cases, they allow the trading of "protocol points" that might serve as criteria for future airdrops.
How Do Crypto Pre-Markets Work?
Crypto pre-markets work similarly to peer-to-peer (P2P) trading platforms but are distinguished by their focus on tokens that are yet to be launched. Crypto pre-markets can offer investors an opportunity to trade tokens during the interval between the allocation announcement, token distribution, and official listing on a trading platform.
For instance, consider a new cryptocurrency project that announces the release of its token through an initial exchange offering (IEO). Before the tokens are officially distributed and listed on exchanges, the project opens a pre-market phase on a decentralized platform where early investors can trade the unreleased tokens. This trading activity provides early price discovery and liquidity, allowing traders to gauge market sentiment and set preliminary valuations for the project’s token. Centralized exchanges (CEXes) can also offer crypto pre-market trading, acting as custodians for the transactions.
The price has been trading within a range for the past six months, and a breakout from this range could occur soon. You may consider accumulating some ORDI now and adding more if the price drops to the support zone. A breakout above the resistance area could initiate a new rally toward the all-time high level.