The price has broken out of the long downtrend channel, which is a bullish sign. You can consider opening long positions if the price drops to the support area. We should anticipate a continuation of the upward movement toward the resistance area, and we will observe how the price reacts there.
Price is currently testing the resistance area, making it a no-trade zone. It is better to wait for a while before making new entries. A break and close above the resistance will lead to a strong rally.
Ethereum (ETH) is currently testing the support area, and we might observe some accumulation in this region. You may consider accumulating ETH near the $3,000 support level. There is a possibility of a bounce from this point towards the resistance area, which remains unchanged.
Bitcoin has once again reached a new all-time high, breaking above the $90,000 level. The recent correction was brief, and bulls continue to drive the price upward. The next psychological resistance level to watch is $100,000, and it will be interesting to see how the market reacts in the coming weeks.
Bitcoin is finally cooling off after its recent rally. We might experience some sideways movement before the next upward trend. There's a significant CME gap in the $77,000 to $81,000 range, which is likely to be filled in the coming days before the next move.
The DOGE trade has been remarkable, delivering over 207% profit from our ideal entry point. The price has now reached the resistance area, and we should watch how it behaves there. If it breaks above this resistance, it could pave the way for new all-time highs. Be sure to pin our channel at the top to receive all the signals and updates!
The price has broken out of the long downtrend channel, which is a bullish sign. You can consider opening long positions if the price drops to the support area. We should anticipate a continuation of the upward movement toward the resistance area, and we will observe how the price reacts there.