BTC is currently respecting the 63k level which is a good sign.
The 65k level will now act as a resistance level after the 65k resistance level the next resistance level will be the 67k the EMA's are also aligning there as a resistance.
If BTC breaks the 63k support level the next support level will be the 62k level.
As we have a weekly closure tonight volatility is expected need a weekly closure at least above the 65k level to then target the higher levels in the coming days if the closure is below then it will no be a positive sign.
As the things are not cleared y#et trade cautiously and must use sl.
BTC after breaking the 63366 level the 63k was our next strong support level and BTC respected it.
The 65k level will now act as a resistance level after the 65k resistance level the next resistance level will be the 67k the EMA's are also aligning there as a resistance.
If BTC breaks the 63k support level the next support level will be the 62k level.
We need a daily closure at least above the 65k level to then target the higher levels in the coming days if the closure is below then it will no be a good sign.
As the things are not cleared yet trade cautiously and must use sl.
BTC given a wick till the 64k level as mentioned in the update yesterday that if 65k breaks the next support region will be the 64k level and the same thing happened.
The 67k level will still remain ac strong resistance as the EMA's are also aligning there as a resistance.
If BTC breaks the 64k support level the next support level will be the 63k level.
We need a daily closure at least above the 65k level to then target the higher levels in the coming days if the closure is below then it will no be a good sign.
As the things are not cleared yet trade cautiously and must use sl.
Sol rejected from the upper rectangular resistance on daily
Currently approaching the daily demand zone sol has given rallies from this demand zone in the past the lower trendline is also acting as a support here.
If Sol didn't hold this daily demand zone then can reject further to the lower levels.
BTC is still in range the 65k level is acting as the support
While the 67k level is now acting as resistance
If BTC breaks the 65k support level the next support level will be the 64k level.
As we have a weekly closure for the bullish momentum of BTC it needs a closure at-least above the 66k level to then target the higher levels of 69 to 70k.
As today we have a weekly closure volatility is expected so trade cautiously and must use sl.
As mentioned in the previous update that if BTC break the support level of 69k the next support level will be the 66k level and the same thing happened after breaking the 69k level the BTC approached the 66k level.
Now what's Next ?
For BTC to give bullish move it need to hold the 66k support level if this level also breaks then the next support level for the BTC will be the 64k level.
The 69k level for the BTC will now act as strong resistance.
As the market condition is not cleared yet it is good to trade cautiously and must use sl.
USDT.D has currently reached the daily trendline resistance level a rejection from here will be a positive sign if incase USDT.D breakout from this trendline resistance level BTC and Alts will bleed more.
For the bullish momentum in BTC and alts a rejection is important if not market will remain choppy.
If incase USDT.D breakout from this trendline resistance level the next strong resistance region will be the 5.12% level.
BTC has currently approached the rectangular resistance which is also the supply zone for the BTC now for the BTC to give further bullish momentum it needs to flip this rectangular resistance.
In case BTC didn't respect the 70k support level then the next strong support level for the BTC will be the 69k level.
Btc had a breakout from the trendline resistance on 4hr currently at the retest.
The 70k level for BTC is still acting as strong resistance for BTC for the further bullish of BTC it needs to flip the resistance region marked in the chart.
The 67k level for BTC will still act as support region the EMA's are also aligning here.
Now for the BTC to give further bullish move it needs a daily closure above 70k level.
After running the Poll for 24hr most of our members were interested in the analysis of SOL. Here is the detailed analysis of SOL.
Sol given move right from the demand zone mentioned on daily + also had a successful breakout and is pumped.
If we look it on hourly it is facing trendline resistance and has also reached the strong EMA resistance now for the further bullish momentum of SOL it needs a to flip this resistance level.
BTC is currently at the strong support level of 67k daily 21 EMA is also aligning as a support here.
The 70k level for the BTC is still acting as a strong resistance rejected from there multiple times.
If BTC breaks the 67k support level the next strong support for BTC will be the 66k level.
As we have a monthly closure tonight volatility is expected.
A closure above the 66k level for the BTC will be a positive sign in case the closure is below then we may see a move to the lower levels in the coming month. (Please support us by donating in return for our efforts. Thankyou)
BTC after rejecting from the 70k strong resistance level rejected to the strong support level of the 66k level.
BTC given a heathy correction to the 66k support where we also had a strong daily 21 EMA support as-well level.
BTC after grabbing the liquidity from the 66k level given a reversal.
Now the next strong resistance level for the BTC will be the 70k level
For the further bullish momentum of BTC it needs a to flip this strong resistance level of 70k.
The 66k level will still act as strong support level for BTC.
As we have a weekly closure today so volatility is expected a closure above the 66k level will be a positive sign if the closure is below then it will be not be good. (Please support us by donating in return for our efforts. Thankyou)
BTC after rejecting from the 70k strong resistance level rejected to the strong support level of the 66k level.
BTC given a heathy correction to the 66k support where we also had a strong daily 21 EMA support as-well level.
BTC after grabbing the liquidity from the 66k level given a reversal.
Now the next strong resistance level for the BTC will be the 70k level
For the further bullish momentum of BTC it needs a to flip this strong resistance level of 70k.
The 66k level will still act as strong support level for BTC.
As we have a weekly closure tomorrow so volatility is expected a closure above the 66k level will be a positive sign if the closure is below then it will be not good. (Please support us by donating in return for our efforts. Thankyou)
Sol given move right from the demand zone mentioned on daily + also had a successful breakout and is pumped.
If we look it on hourly it is facing trendline resistance and has also reached the strong EMA resistance now for the further bullish momentum of SOL it needs a to flip this resistance level. (Please support us by donating in return for our efforts. Thankyou)
After running the Poll for 24hr most of our members were interested in the analysis of ETH. Here is the detailed analysis of ETH.
ETH given move right from the demand zone mentioned on daily + also had a successful breakout and is pumped.
If we look it on hourly it is trading in a range the upper rectangular region is acting as resistance for the further bullish momentum of ETH it needs a to flip this resistance level. (Please support us by donating in return for our efforts. Thankyou) #BinanceHerYerde #EarnFreeCrypto2024 Thanks