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The Buzzing Bee
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BTC
is still on its way to 52k - 50k
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Chiliz/usdt TA🔥 has made significant moves, and it is very important to check it. The formation of an upward harmonic pattern caused the price to grow by about 80% and reach the resistance level of $0.1630-0.1680. Then, the price reacted strongly to the resistance level and corrected more than 100%. Now, the price has reached the support level of $0.0720-0.0670. If the current level is maintained, the price will grow. The trend is still bullish, and if the price falls from the current level, it will return to $0.0560. The general trend of the market is improving, and the bullish scenario is more likely. $CHZ
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BTCUSDT TA On the weekly timeframe , the price had retested the 21EMA last week and the bulls have managed to hold it as support for now. But structurally a reclaim of $64k horizontal level which is acting as resistance would have made a much stronger case for the bulls . That hasn't happened and this kind of looks like a bearish retest of the level after making a lower high at this timeframe . $BTC
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WAYS TO PROFITABLE COPY TRADING 🔥🤑🔥
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matic/usdt TA🔥 is consolidating within a symmetrical triangle formation on a weekly chart This could be the final accumulation phase before a potential alt season A bounce from support may target the $1.50 resistance zone. $MATIC
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Bitcoin price dropped to $58,520 and returned to the descending channel before reaching the support level. The descending channel is still valid, and if the price can break it upwards, it is a sign of the resumption of the ascent towards the resistance level of $72,000-74,000. Otherwise, the price will decrease to the support level of $57500-$56200 . $BTC
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