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urgcan khan
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urgcan khan
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Bitcoin is currently experiencing a downtrend, with the price approaching the $60,000 support area as predicted. A significant wick below the support area indicates stop hunting and liquidations. The positive news is that the price is now above the $60,000 level. We may witness some sideways movement before the next move. A daily candle closing below $60,000 would be bearish, so keeping an eye on the support area is important.
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What is more important for memes? 👍 - community ❤️ - cap
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#FTM has broken the uptrend line on the daily time frame, but the trend is still unchanged. The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far. The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken. As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish. #FTMUSD
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Here's the Analysis of #UNI : #UNI flipped below the a strong flip area of $9.00 - $9.15 and with the market dump we can expect more to go. Nothing much here, better wait for the price, flip above again with a daily candle close.
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Here's the Analysis of #CVX : #CVX is been consolidating in a range and forming a very steep triangle pattern, which is yet to breakout. Price action looks very messy and middle of the nowhere. Its better to wait for the zone to breakout or buys from $2.90 and $2.40 will be considerable.
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