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Crypto Nate
20 nov. 2024
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Avertissement : comprend des opinions de tiers. Il ne sâagit pas dâun conseil financier. Peut inclure du contenu sponsorisĂ©.
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âĄïž #APTO ($APT ) Technical Analysis APT is showing a bullish reversal pattern after forming a double falling wedge structure, which previously led to strong breakouts. The price has bounced off a key support zone, suggesting a potential trend shift. đ Support Zone: $4.00 - $5.50 (strong historical demand area) đ First Target: $10.19 (initial breakout confirmation level) đ Second Target: $16.03 (full measured move projection) Historically, similar wedge breakouts on APT have led to parabolic price increases đ A clear breakout above $10.19 could trigger further upside momentum Volume confirmation and market sentiment will be crucial for sustaining the rally
12 h
đ Bitcoin Dominance (BTC.D) Analysis Bitcoin dominance is currently trading within an ascending channel on the daily chart, suggesting that Bitcoin is maintaining strength over altcoins. If $BTC dominance breaks above the current resistance zone, we might see altcoins underperform in the short term as capital flows into Bitcoin. If #BTC dominance falls below channel support and the 50-day moving average, this could trigger an altcoin rally đ. A decline in BTC dominance usually signals increased liquidity in the altcoin market.
12 h
đ° #Tezos ($XTZ ) Technical Analysis Tezos is currently at a key support level after a prolonged downtrend. The chart suggests a potential parabolic recovery, forming a rounded bottom pattern that could indicate a trend reversal. Support Zone: $0.60 - $0.74 Resistance Levels: $1.447, $1.843, and $2.290 A strong bounce from the $0.60 - $0.74 support could trigger a breakout rally. If $1.447 is reclaimed, we could see price acceleration toward $1.843 and $2.290. A failure to hold above $0.60 may lead to further downside, invalidating the bullish setup.
12 h
đ $IOTA (#IOTA ) Technical Analysis A breakout from the wedge could push IOTA towards $0.36, $0.54, and eventually $0.72 in the mid-term. Volume confirmation and a strong close above $0.20 would strengthen the bullish case. A failure to hold $0.19 could lead to further downside, invalidating the bullish thesis Watch for rejection at $0.36 as a potential consolidation zone. Support Zone: $0.19 - $0.20 (Fibonacci 0.786) T1: $0.3635 T2: $0.5408 T3: $0.7285
12 h
đ#Chainlink (#LINKđ„đ„đ„ ) Technical Analysis Chainlink is currently trading within an ascending channel, bouncing off the lower trendline support. This structure suggests a continuation of the bullish trend if the price holds above key support levels. đ Key Levels: Support Zone: $13.57 (Fib 0.786) Resistance Levels: $25.80, $32.66, and $40.70 Target : $40.70
12 h
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