The price has broken out of the larger falling wedge pattern in an upward direction, and now a smaller falling wedge pattern has formed on the daily time frame. We should wait for a break above the resistance area or a test of the support area before considering new entries. Support Area: $0.976-$1.00 Resistance Area: $1.05-$1.08
FRONT broke the downtrend line and the price is moving up. Price is giving a good rally in anticipation of the migration event coming close. We may see a dump in price on 6 June after the launch of the Selfchain mainnet. So you can book profit or use a tight stop loss.
SHIB kissed the support trendline and the price bounced from there. If you have opened long positions at the support line, increase your stop loss and hold the position. We may see a move towards the resistance area now.
Price broke the support area and is now heading towards the next support area. You can place buy orders in the support area. We may see a bounce from there. Support Area: $0.216-$0.229 Resistance Area: $0.287-$0.30
Price is bounced from the support area and we may see a move towards the resistance line. You can open a long position around the support area with tight stop loss. Support Area: $6.00-$6.25 Resistance Area: $7.25-$7.40
Price is now trading in a downtrend channel. There is no sign of strength yet and we may see a move towards the support area. Better to wait for some time to open new positions. Support Area: $80.10-$81.30 Resistance Area: $92.50-$94.50
Price is trading in a symmetric triangle pattern. Price is in an uptrend and we may see a break of this triangle in an upward direction. Meme coins are showing, you can grab some at the support area. Support Area: $3.10-$3.25 Resistance Area: $3.95-$4.10
Price experienced a significant upward movement after prolonged accumulation/sideways action. It broke through the resistance area and is currently retesting it. Consider initiating long positions around the support area. Support Area: $10.35-$10.60 Resistance Area: $11.65-$11.80
Price is trading in a triangle pattern, and the breakout determines the next move. It's advisable to wait for some time for new entries as we may see a breakout on either side. Support Area: 2360-2420 Resistance Area: 2810-2880
The price is forming a falling wedge pattern, and we may see a break of this pattern soon. There is a major resistance level just above the falling wedge pattern. It's better to wait for a break above the resistance area for new entries. Major Resistance: $2.23-$2.32
ETH has rebounded from the support area as expected, signalling a positive trend for the altcoin market. ETH often leads the way for altseason. We may expect further upward movement, with the major resistance level at $4000. A break above $4000 will be bullish.
MEME has broken the triangle pattern in an upward direction, and the price is now testing the resistance area. Meme coins are showing strong upward movement, and we expect a breakthrough of this resistance area. You can consider opening a long position after a break and a candle close above the resistance area. Resistance Area: $0.0316-$0.033
The price encountered resistance at the downtrend line, but we may witness a significant move from the support area. FRONT is migrating to the Self Chain, and there could be a rally due to this migration news. Consider adding some FRONT at the support area. Support Area: $1.00-$1.07 Resistance Area: $1.27-$1.32
Price is currently trading in an ascending triangle and is now near the resistance area. A good upward movement is expected if the price breaks above the resistance area. Only open long positions after a breakout. Resistance Area: $0.75-$0.77
Bitcoin broke the triangle pattern in an upward direction but was unable to sustain the upward movement. The price is currently holding above the $67,000 support area, which is a positive sign. If the price breaks below this support area, we may see a move toward the $65,000 support area.
The price has broken out of the large triangle pattern and is now forming a small falling wedge on lower time frames. We might see a breakout of this pattern and a continuation of the upward movement. You can consider opening a small long position here with a tight stop loss. Resistance Area: $79.50-$80.00
The price is currently trading within a narrow range and is showing respect for the support and resistance levels. You can consider trading within this range and consider buying some ADA if it falls to the support level. We may experience some sideways movement before the next significant price move. Support Area: $0.42-$0.433 Resistance Area: $0.51-$0.52
STRK is currently breaking out of the falling wedge pattern. The price is now retesting the trendline, and if it can hold above this level, we may see a good upward rally. Consider opening small long positions here with a tight stop loss. Major Resistance Area: $1.675-$1.805
Price is currently trading in a triangle pattern, and we may soon see a breakout. This is a no-trade zone, and it's better to wait for a better setup. Support Area: $0.023-$0.0238 Triangle Resistance Area: $0.0288-$0.030
PORTAL continues to gain momentum and has broken out of the falling wedge pattern. The long position is now more than 20% profitable, so you may consider raising your stop loss and holding onto the position. We may see a continued upward movement since the price has broken out of the pattern. Resistance Area: $0.885-$0.90