$C98  enters the phase of realization of the accumulated potential. A prolonged trend may change its direction, but in order to do that the bulls will have to take the priority in their hands.  

c98usdt

Global and local wedge are marked on the chart. The resistance boundaries of the figures coincide and the price breaks the area, consolidation is formed in the green zone and C98 starts to form a bullish momentum.  

For the buyers, the resistance at 0.1751 is important at the moment. If the price breaks through and fixes above this area, the cryptocurrency pair can form a bullish momentum. Resistance at 0.3258 will be the priority target in this case. 

Lately $BTC is strengthening and forming consolidation of 30000-31000. A breakout of resistance will also give momentum to altcoins. 

wedge c98usdt

Support levels: MA-50, 0.1540, 1.1209 

Resistance levels: 0.1751 

I expect the retest to 0.1751, which might end up with a breakout of resistance and in this case the price will continue growing. I am interested in the target of 0.3258 and 0.5750. 

Regards R.Linda!

$ETH  has been showing a swell in the last few days. The price is out of the key range. The bullish set-up is working 100% and price is breaking resistance. What to expect from ethereum next? 

For a long time, the coin formed a wedge pattern, which ended with the price forming a rally after a false break of global trend support and the SMA-200 and breaking not only the wedge resistance, but the trend line and the 1846.5 level.   A consolidation above this support area will consolidate the bulls' position and continue to shape the move.   Within the price channel, we have an implied target - the resistance area of 2300. Most likely, in the medium term, we should expect growth towards this mark. 

Support levels: rising support line, previously broken wedge boundary, 1846.5 level 

Resistance levels: 1920, 2021 

Consolidation lasted about 45 days, the distributive phase after consolidation may last for 15 days. I expect that in the mid-term we might see a breakthrough of the local resistances and strengthening of the price to 2300 

Regards to R. Linda!

#Ethereum #ETH #crypto2023 #Binance #BTC

$KLAY has been forming a downward range for several months. After touching the lower boundary of the wedge, the price forms an active strengthening and breaks the resistance of the range. What to expect from the coin? 

Above the level of 0.1551, near the wedge resistance, a pre-break consolidation is formed. Today we see the realization of the accumulation and the price breaks the resistance of the figure. This is quite a strong signal that a trend change attempt and a strong momentum may form.  

$BTC  starts to strengthen and pulls some of the cryptocurrency market with it.   The entire market has been in a freeze lately amid fundamental circumstances, one of which is the SEC claims against major cryptocurrency exchanges.  

Support levels: 0.1551, the previously broken wedge boundary 

Resistance levels: 0.1663, 0.1933 

The bulls are trying to take the situation into their own hands, but resistance at 0.1663 separates us from a strong growth. If the buyers will manage to overcome this area, then the market can show active strengthening to 0.2340. 

Regards R.Linda!

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$BTC  in the format of correction reaches the key support level of 25400, which was formed on the high timeframe and plays an important enough role. A false breakout is formed and within the "Wedge" pattern we see a strong strengthening towards the resistance figure.  

The coin on the high timeframe makes a false break-down of the key support and is in the testing phase of the 200-week moving average. A false break-up and the consolidation of the price above this line will form a strong potential that can lead to a strong rally.   The price is in the green zone at the moment. After the strong rally we saw in spring, a prolonged correction in the cryptocurrency market is quite normal reaction. In the medium term, I will expect further growth. The bulls are keeping the price above key support levels for now.   We continue to follow the bulls.  

Support levels: 25400, lower boundary of the wedge, SMA-200 

Resistance levels: 27600, SMA-50, upper boundary of the wedge 

I expect that the price can pull back down from the level of 26700, but the next retest of the wedge resistance can break this boundary and the market can form an active growth towards the key resistance and liquidity zones. 

Regards R. Linda!

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$FXS  is showing great momentum after a false break of support at 4.841 (touching wedge support). The coin strengthens by 27% and breaks consolidation resistance.  

The bulls are trying to take control of the situation. A retest of strong resistance 5.866 is forming and is currently sandwiched in a local range between the previously broken wedge boundary and between resistance 5.866.   Against the backdrop of strengthening $BTC , $FXS price is also growing and currently stands at 5.750. SMA50 was also broken earlier.  The main goal for the buyers is to consolidate above the wedge or above the level of 5.866 after its breakout. After that, we are likely to see a strengthening towards 6.960 and even to 8.800. 

Support levels: the previously broken wedge boundary, MA-50, 4.841  Resistance levels: 5.866, 6.959 

I expect that the bulls will be able to hold their positions. If it succeeds, the coin will start to rise to 6.959 

Regards R.Linda!

#crypto2023 #crypto #cryptocurrency #Binance #usdt

$XRP  is strengthening. The coin is setting up for a possible renewal of the global high, but at the same time, there are no prerequisites for a price exit from the channel right now.  

The price is testing the moving averages. After a false breakout or touch, there is a strong bullish reaction.  XRP continues to recover. A "Flag" pattern is forming on H1. There is a possibility of further growth  

The price obtains a local uptrend line support, which is contiguous with the SMA-200, which only strengthens the line.   Consolidation between the levels 0.5078-0.5590 is forming. In the near future the price may test the resistance. 

Strong support: 0.5078, moving averages 

Strong resistance: 0.5590, channel resistance. 

Weekly timeframe shows that the price overcame the strong resistance and the realization of the accumulated liquidity is expected in the nearest future.  I stick to the opinion, that we will go up to 0.5590 and to the channel resistance.  

Regards R. Linda! 

#crypto2023 #crypto #Binance #xrp #BTC

The BTC had previously formed the H&S reversal pattern, but it does not work and the bulls regain control of the 26700 level, forming a bearish wedge, which might provoke a bullish momentum.  

The price makes a false break-down of the level of 26700, which is a strong support and forms a consolidation above the line. The market is in a consolidation phase after an active rally. The fundamentals component of the crypto direction has been getting better news lately than just neutrals.  

It will take quite a while for Bitcoin to overcome the 28,000 area, which has long held the price back, the 30,000 level and the resistance of the uptrend channel. If the price moves out of the range, bitcoin will form a strong rally to 35000.  

A related set-up is forming on the daily chart: a triangle and a wedge. The resistance of the figures is similar and the support area is very different. But the fact that we do not see a fall after the rally gives us hope for more growth.   MA-200 acts as a strong support and MA-50 as a resistance, which might be tested again soon. 

Strong support: 26700, 25400 (global level). 

Strong resistance: wedge resistance (triangle), 28200 

I expect the continuation of consolidation in the range, but in connection with the prerequisites mentioned above, I assume that in the medium term bitcoin will continue its growth to 31000 and to 35000 

Sincerely R. Linda! 

#BTC #bitcoin #crypto2023 #crypto #Binance

CRVUSDT forms the bottom in the area of 0.500-0.600. After that, a rally is formed, which turns into a strong consolidation in the area of trend resistance.  

The cryptocurrency pair after another retest forms a resistance breakout, but at the same time, the price is still on the upper boundary of the local pattern.   In the near future, if the price successfully overcomes the area of 0.883, I expect an active strengthening of the price to the area of 1.112 with the subsequent movement to 1.891.   CRV shows great dynamics on the background of the fact that after the rally, there was not a strong pullback, but a consolidation is forming.   The price got a strong support at 0.818 and from the MA-200.   MA50 is a resistance and the price might try to test it soon. 

Strong support at 0.818 and 0.770 

Strong resistance: 0.883, 0.980, 1.300 

I expect consolidation between 0.850 and 0.950 with further break through the resistance of the local wedge and growth to 1.890. 

Regards R.Linda!

#crypto2023 #crypto #Binance #cryptotrading #cryptocurrency

LTCUSDT forms a resistance breakout after a small false breakout. The coin does not fall much after FB, forms a retest and breaks the line.  Bulls are trying to take control of the situation and so far everything is working out successfully. 

A strong support line of 91.23 is being formed. If the bulls can hold this area, then Litecoin will show us an excellent growth towards the resistance of the ascending channel.  The fundamental component for LTC is quite good, the network is constantly being updated and activity has been increasing in this network lately. 

A global triangle is forming on the chart, the price tends to test the resistance of the set-up. A slight pullback is possible, but in the medium term I expect a breakthrough of the upper limit.  Moving averages act as support. 

Strong support: 91.23, previously broken resistance line and 83.66 

Strong resistance: 95.00, 102.53 

I expect the growth to continue after the resistance is broken. LTC in the market feels a certain confidence that can allow the price to get stronger. 

Sincerely, R. Linda!

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