momentum
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#Litecoin longs get obliterated as sell off commences.
A few days ago, we observed Litecoin at a critical price range. It was previously on a bull run and had just entered the overbought #territory. As such it was only a matter of time until the #bulls ran out of #momentum .
A few days ago, we observed Litecoin at a critical price range. It was previously on a bull run and had just entered the overbought #territory. As such it was only a matter of time until the #bulls ran out of #momentum .
Where Will Bitcoin Go Next? 🧐
Amid #bitcoin 's recent trading around $28,000, analysts offer insights into its future.
In the short term, support is at $28k, strong #resistance at $30k.
For longer-term analysis, $26k is seen as strong support, while resistance at $30k remains formidable.
Breaking $30,000 could signal bullish #momentum , but dropping below $25,000 might indicate bearish control.
As BTC teeters near $28.5k, the next upper resistance levels are $29.3k - $29.5k. Analysts assess support, resistance, and momentum, highlighting key price ranges in the crypto's volatile journey.
#Binance
#crypto2023
Amid #bitcoin 's recent trading around $28,000, analysts offer insights into its future.
In the short term, support is at $28k, strong #resistance at $30k.
For longer-term analysis, $26k is seen as strong support, while resistance at $30k remains formidable.
Breaking $30,000 could signal bullish #momentum , but dropping below $25,000 might indicate bearish control.
As BTC teeters near $28.5k, the next upper resistance levels are $29.3k - $29.5k. Analysts assess support, resistance, and momentum, highlighting key price ranges in the crypto's volatile journey.
#Binance
#crypto2023
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#betalaunch #MomentumStrategies #momentum #momentumradar #freegiveaway
#betalaunch #MomentumStrategies #momentum #momentumradar #freegiveaway
#marketupdate"
$BTC Reacts to #MtGox Exchange's $9.5B Transaction
#bitcoin☀️ has encountered significant turbulence following news of MtGox exchange's movement of $9.5 billion worth of #BTC☀ today.
Key levels on the 4-hour chart have been compromised, with attention now focused on reclaiming the Monday Low at $68,200 for potential upward #momentum . Failure to do so by the end of the current candle could potentially lead to a downturn towards the $65k range lows. The Monday Range this week stands between $68,200 and $70,700, marking critical zones for monitoring amidst the ongoing market volatility.
Thankyou.
$BTC Reacts to #MtGox Exchange's $9.5B Transaction
#bitcoin☀️ has encountered significant turbulence following news of MtGox exchange's movement of $9.5 billion worth of #BTC☀ today.
Key levels on the 4-hour chart have been compromised, with attention now focused on reclaiming the Monday Low at $68,200 for potential upward #momentum . Failure to do so by the end of the current candle could potentially lead to a downturn towards the $65k range lows. The Monday Range this week stands between $68,200 and $70,700, marking critical zones for monitoring amidst the ongoing market volatility.
Thankyou.
LIVETMC
--
#Market_Update
$BTC is hovering around the $69.2k mark, its 2021 #AllTimeHigh. Although it's seen some 4-hour closes above this level, the weekend's low #Volume has led to rejection from the 4-hour supply, as depicted in the chart.
It's crucial to monitor this level closely, especially as we approach the weekly close. However, if weakness persists, there's a possibility of a retest towards the lower $68k range, particularly the DM VAH area.
Zoom linked #graph for good Entry. 👇
$BTC is hovering around the $69.2k mark, its 2021 #AllTimeHigh. Although it's seen some 4-hour closes above this level, the weekend's low #Volume has led to rejection from the 4-hour supply, as depicted in the chart.
It's crucial to monitor this level closely, especially as we approach the weekly close. However, if weakness persists, there's a possibility of a retest towards the lower $68k range, particularly the DM VAH area.
Zoom linked #graph for good Entry. 👇
#BTCMovement: Look Chart #Btc
Observing the chart for $BTC , maintaining levels above 67,800 to 67,500 indicates a positive #momentum . However, if we lose the 4-hour and confirm the deviation, it could potentially lead to a significant drop, as indicated by the trigger. This analysis seems straightforward to me.
#Simple
Observing the chart for $BTC , maintaining levels above 67,800 to 67,500 indicates a positive #momentum . However, if we lose the 4-hour and confirm the deviation, it could potentially lead to a significant drop, as indicated by the trigger. This analysis seems straightforward to me.
#Simple
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This is the 3rd cycle I have experienced in the crypto market. Even if I don't know anything, I know this very well; The period when I left my cart most comfortably was the period when my wallet balances increased the most. Be a diamond hand in projects that you research well and love to build.
As usual, the whales are moving slowly and I can hear their sounds. Let it flow! :) #altseason2024 #build #momentum
As usual, the whales are moving slowly and I can hear their sounds. Let it flow! :) #altseason2024 #build #momentum
#Litecoin longs get obliterated as sell off commences.
A few days ago, we observed Litecoin at a critical price range. It was previously on a bull run and had just entered the overbought #territory. As such it was only a matter of time until the #bulls ran out of #momentum .
A few days ago, we observed Litecoin at a critical price range. It was previously on a bull run and had just entered the overbought #territory. As such it was only a matter of time until the #bulls ran out of #momentum .
$JASMY 🚀📢? Over the past 24 hours, (JASMY) has experienced notable volatility and upward movement, driven by significant strategic partnerships and market momentum. The cryptocurrency's price has seen a remarkable increase, positioning it as one of the top performers in the market today.
Key Highlights:
1. Price Movement:
JASMY is currently trading at approximately $0.0353, reflecting a slight increase from the previous day's levels.
The 24-hour trading volume has surged to around $461 million, underscoring strong market activity and investor interest.
2. Strategic Partnership with Panasonic*:
The recent announcement of a collaboration between Jasmy and Panasonic to develop a Web3 IoT platform has been a significant catalyst for the price movement.
3. Market Sentiment and Technical Analysis:
Technical indicators show a bullish trend for JASMY. The Relative Strength Index (RSI) is nearing the overbought territory, suggesting robust buying activity.
- The Moving Average Convergence Divergence (MACD) indicates continued bullish momentum, although a potential slowdown might be on the horizon if the histogram starts to converge.
4. Support and Resistance Levels:
- Key support is established around $0.028, while significant resistance is observed at $0.037. Breaking through this resistance could pave the way for further gains in the near term.
5. Future Outlook:
- Market analysts predict that if the current momentum continues, JASMY could see further upward movement. Short-term projections suggest potential gains, with price targets set around $0.037 to $0.040, contingent on breaking current resistance levels.
Conclusion:
The past 24 hours have been highly eventful for JasmyCoin, with the strategic partnership with Panasonic playing a pivotal role in driving its price upward. As market sentiment remains bullish, traders and investors are advised to keep an eye on key technical levels and market developments to capitalize on potential opportunities.
#BullRunAhead #BULLishWithBULL #altcoins #momentum
Key Highlights:
1. Price Movement:
JASMY is currently trading at approximately $0.0353, reflecting a slight increase from the previous day's levels.
The 24-hour trading volume has surged to around $461 million, underscoring strong market activity and investor interest.
2. Strategic Partnership with Panasonic*:
The recent announcement of a collaboration between Jasmy and Panasonic to develop a Web3 IoT platform has been a significant catalyst for the price movement.
3. Market Sentiment and Technical Analysis:
Technical indicators show a bullish trend for JASMY. The Relative Strength Index (RSI) is nearing the overbought territory, suggesting robust buying activity.
- The Moving Average Convergence Divergence (MACD) indicates continued bullish momentum, although a potential slowdown might be on the horizon if the histogram starts to converge.
4. Support and Resistance Levels:
- Key support is established around $0.028, while significant resistance is observed at $0.037. Breaking through this resistance could pave the way for further gains in the near term.
5. Future Outlook:
- Market analysts predict that if the current momentum continues, JASMY could see further upward movement. Short-term projections suggest potential gains, with price targets set around $0.037 to $0.040, contingent on breaking current resistance levels.
Conclusion:
The past 24 hours have been highly eventful for JasmyCoin, with the strategic partnership with Panasonic playing a pivotal role in driving its price upward. As market sentiment remains bullish, traders and investors are advised to keep an eye on key technical levels and market developments to capitalize on potential opportunities.
#BullRunAhead #BULLishWithBULL #altcoins #momentum