Let's break down the market's main altcoin #ETH🔥🔥🔥🔥🔥🔥 💰

⬆️The #asset is now between the local support level around $2,900 and the local resistance level around $3,300. During the spill, it broke the upward trading channel, tested the support level and started to form an #upward trading channel

✅ In the near future I expect a small corrective movement after which we will start an impulsive upward movement.

🔜I plan to enter the trade from the current (3140-3000$).

🛑 Stop loss will be at (2900$)

✅First take (3363$)

✅Second takeout (3920$)

When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 16% of net movement
#CryptoWatchMay2024 #altcoins

$NEO

The coin shows exceptional stability despite the general market correction in recent weeks. The buyer is actively developing a bullish tendency. Within the upward movement, we don’t see any fixations or other abnormal activities indicating a reversal. The instrument is moving within the bullish channel configuration, which is bounded by two inclines. Volumes have increased many times in recent weeks and most of it is going into buying.

The coin has been developing strongly technically in recent months, which also affects the rate of the asset. We have two strong incline supports - global and local ones. All major magnets are located above the current price, and market participants perceive any corrections as an opportunity to average positions and buy more.

The Directional Movement Index (DMI) is bullish, as the Positive Directional Indicator (+DI) and the Negative Directional Indicator (−DI) lines crossed from the below to above, after which +DI was strongly ahead of -DI in terms of movement dynamics. The Average Directional Index (ADX indicator) is moving below the median values, indicating increased volatility in the asset.

#RSI and other classic indicators favor the buyer. It is important for the buyer to hold the $13.399 area and not fall below both inclines, since in this case our local bullish trend will be annulled, we will descend into the area where the market is pumped with volume, and we may linger there for weeks. Going below $10.457 completely marginalises the bullish trend and changes the tendency. The buyer only needs to continue to grow within the ascending channel and break through the $18.266 area, beyond which there is a marginalisation of the seller.

The result is that the likely movement of the asset will be an #upward trend, but it is worth carefully monitoring the area of 0.5 Fibo and two inclines. If the seller is able to push the asset below, we will face a further correction.
#CryptoWatchMay2024 #BTC #eth‬

Market Update -

#Bitcoin‬ appears to be entering a consolidation phase after its recent strong #upward movement. This is a typical #patterns , particularly leading into a weekend.

The Monthly Open at $61200 served as solid support, with each 4-hour close respecting this level yesterday. Despite this, $BTC is encountering significant resistance around $63000. Based on current liquidity levels, the expected range for the weekend is between $61k and $63600.

Any 25-30% dip is an opportunity and I would expect a big breakout anytime soon.

#TrendingTopic #Bulish

Indian Pm Modi meets Elon musk 📈

The pm of india Narendra modi during his Us visit met Elon musk. although all the details of the meeting are yet to be disclosed. This meeting Is being called by some people as the main reason behind the current upward movement in the crypto space. As elon musk is known for his Mysterious crypto investments and His interest in the crypto market and india is known for its regressive policies towards crypto This meeting can be A move in favour of indian crypto traders as we might see Crypto tax rates dropping soon in future

#Elonmusk #upward

Your favourite list should be green when the market is green. Tips for the upcoming bull run! @CryptoGridPro #BullishAltcoins #altcoins❗️ #upward #RNDR/USDT #SOLSurge $WLD $RUNE $APT

#Bitcoin | A possible Big move is coming, possibly in #upward direction.
#UpwardTrend #HotTrends $BTC

The UNI/USD price on #Uniswap has dropped 3.08% to $5.47 in the last day. This is in contrast to its recent #upward trend, which has seen it increase by 3.0% from $5.3 to its present price.

The chart below contrasts Uniswap's price movement and volatility over the previous 24 hours (on the left) and over the previous week (on the right). The #Bollinger Bands in grey represent the #volatility of both daily and weekly price changes. The volatility increases with the width of the bands or the size of the grey area at any particular time.

#Bitcoin's price has experienced a significant recovery, witnessing a notable bounce of $1,000 from a critical support level of $25,000.  This sudden #upward movement has sparked speculation about the actions of influential market participants known as " #whales," who might be #capitalizing on the price dip to accumulate Bitcoin. 

$SYS formation of double dips, and upward bull trends are observed. With the BTC halving coming to close, and how $SYS always follow the historical trends of #BTC and #ETH, we should be expecting breaking $0.3 at minimum and stabilize accordingly.

#SYS #upward

$BTC Important Update 🔻

Our Previous update Played Perfectly and $BTC #pumped exactly from our Buy Zone and is already 14% up. But now I'm expecting a retrace to 61k-60.8k. This area needs a must hold for #upward journey.
For now 60.8k is acting strong Support. If BTC can't hold this area. #BTC🌪️ fall again in our Buy Zone.

BitcoinBitcoin Price Rises Above $28,000: Has Uptober Begun?
Today, the price of bitcoin rose above $28,000, leading some to claim that uptober has begun. 
In reality, it has only returned to the levels of the first half of August, but compared to USD 24,800 on the 11th of September, it is now +13.5%. #USD 24,800 was the low for this first part of the second half of 2023. 
Upctober: #bitcoin price above USD 28,000
The term ‘uptober’ is obviously a play on words between “up” and “october”. 
It refers to the fact that since 2013, the month of #October has twice ended with a drop in the price of Bitcoin, while all other times it has been on an #upward trend.