LTC is moving in a symmetrical triangle. It bounced from the MA 100 and the triangle support with a good volume. MACD crossover is turning out to be bullish. A solid breakout of the symmetrical triangle would be the confirmation of a decent bullish rally.
#BTC is dipping down back to the support zone and might gonna break below the zone. Price is kinda ranging too. A break-below will lead the price lower near $26,000 and a change in market structure will turn the price bullish.
#BTC rejected from there as expected and did a retest back to the zone as support. There's a trendline confluence with it and might gonna hodl it. A break -below again will turn it into a fakeout, which could lead in potential down-move.#BTC #Binance #crypto2023 #dyor
BTC.D is rejected from the strong supply zone. RSI is rejecting from the overbought region and bearish divergence is also in action. MACD crossover is showing bearish momentum.
ARPA pumped hard from the horizontal and MA200 support with a high volume and breakout the main descending trendline and the cloud. It is showing momentum,so a successful retest above the cloud or the main trendline would be a sign of a strong bullish move.
#ADA/USDT ANALYSIS ADA is holding above the horizontal support, where MA 200 is also acting as a support. Volume is very less and a bullish candle close with some volume would be a sign of a bounce from the ongoing support.#Binance #BTC #crypto2023 #dyor #BNB
#BTC jumped yesterday, due to #CPI Data out but made a immediate correction in move back to lower support zones around $26,900 - $27,000.Price Rejected sharply and kinda consolidation now. Overall,is a no trade range, so better wait for the market to clear the direction.#Binance
#BTC is been hodling the support from daily TF and kinda rejecting now. On Daily TF, price is just consolidating between $26,880 and $28,600. Expecting the market to break above this area but a break-below chances are pretty high as of now...
GALA is moving in a falling wedge on 4H TF. RSI is in the oversold region and forming a bullish divergence. A comeback from the trendline's support is anticipated, but an effective breakout of the falling wedge would provide more convincing evidence#Binance
#BTC did what we are expecting it to do, Price came to an end of the rise, and broke below the channel pattern and dropped till drawn-up support area. Price is not hodling above the support area and kinda bouncing-off. Still, expecting some sort break-below of the zone #Binance
#BTC exactly moves in the way we're anticipating, price exactly taps out the resistance area of $29,820 and rejected. Currently, its moving in a uptrend Channel pattern, which most likely to get on a end now.A break below will lead in a easy crash till support around $28,700 area
GALA is moving in a falling wedge on 4H TF. RSI is in the oversold region and forming a bullish divergence. A comeback from the trendline's support is anticipated, but an effective breakout of the falling wedge would provide more convincing evidence#Binance
During the recent price rally, exchanges experienced significant inflows that caused the Net Position Change to surpass 30,000 per Month in recent weeks. However, this metric has since slightly decreased to 22,300 per Month, indicating a smaller but continuous selling pressure..
NOTE:📌 BTCs has been rebranded with a new name called CORE. Hence, anywhere BTCs was mentioned in this tutorial, bear in mind that it is CORE that is being referred to. Thanks!
#BTC took a retest after being flipped above the zone and bounce. Price attempted to print a new Higher High, but failed through. Overall, Expecting a push till resistance area at $29,820 - $29,890 or above $30,000 mark.#Binance #BTC #crypto2023 #BNB