ETH is currently heading towards a support zone for a retest. If you missed the opportunity to open a long position earlier, now is a good time to do so. There is a possibility of a bounce from the support area. The overall trend for ETH is bullish, and we anticipate a break of the all-time high soon.

Support Area: $3450-$3570

Resistance Area: $3950-$4000

$ETH

Bitcoin is maintaining its position above the $60,000 level and appears to be forming a symmetric triangle on lower time frames. It's likely that BTC will continue trading within this pattern throughout the weekend, with the breakout determining its next direction.

- Support Area: $59,000-$60,000

- Next Support Area: $54,000-$55,000

- Resistance Area: $64,000-$65,000

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Bitcoin is maintaining the local support around the $50,500 area and has bounced back from there. We still anticipate sideways movement until Monday. It's advisable to avoid using high leverage, and you can consider trading within the range with tight stop-loss orders.

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The ongoing battle between bulls and bears continues, with selling pressure persisting while bulls defend the crucial $50,000 level. This tug-of-war indicates a healthy contest in the market. Bitcoin's bullish momentum remains intact as long as it maintains above the $50,000 threshold.

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Bitcoin faced a considerable amount of selling pressure at the $52,000 level, which ultimately led to a sharp drop. However, the BTC value quickly bounced back from the downturn and is currently trying to break through the $52,000 level once again. Considering the high volatility of Bitcoin, it's advisable to adopt tight stop-loss measures for all open positions as a correction may occur before the next significant movement.

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Bitcoin is trading sideways around $52,000. The overall market is bullish, and altcoins are showing upward movement. The continuation of the upward movement will depend on whether BTC stabilizes above the $50,000 level.

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OSMO analysis:

The price has cooled off after a recent rally and is now trading within a specific range. It has been rejected from the resistance area, which may lead to a move towards the support area in the coming days. If you are interested in opening long positions, it is recommended to do so near the support area with a tight stop loss.

Support Area: $1.35-$1.43

Resistance Area: $1.68-$1.72

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Bitcoin is experiencing a strong surge and has reached the $52,000 level. With significant FOMO (Fear Of Missing Out) building up and the market hyped, caution is advised. A market correction could occur at any time, so it's prudent to employ tight stop-loss strategies for all open trades.

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Bitcoin faced rejection at the $50,000 level and is currently trading below it. Significant selling pressure is observed at the $50,000 level. We anticipate a test of the local support area before the next significant move.

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SHIB analysis:

The price is currently trading within the support and resistance levels. It is now moving towards the resistance area, and it remains to be seen how it will react there. Breaking above the resistance area would indicate a bullish trend and signify a continued upward movement. However, this is not a suitable zone for trading, and it would be better to wait for a breakout above the resistance area or a test of the support area before considering new entries.

Support Area: $0.00000855-$0.00000880

Resistance Area: $0.00000984-$0.00001007

$SHIB

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Bitcoin has recently experienced a significant surge in price and has reached the $50,000 level. Currently, the price is trading near this key psychological level. If Bitcoin is able to sustain this level, then we may see positive momentum in the entire cryptocurrency market. However, if there is a rejection at this level, the price may fall towards the local support zone of $46,700-$47,200.

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Bitcoin 50K LOADING 😍😍😍

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ETH Analysis:

The price has successfully breached the local resistance area and is currently testing the trendline resistance. A breakout above this trendline could propel the price towards the $3000 level. It's important to monitor the resistance area closely for potential price movements.

Local Support Area: $2380-$2420

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Bitcoin is currently trading at a resistance area. On lower time frames, there is a small symmetric triangle that needs to be watched closely to see which side it breaks. The price needs to maintain its local support, otherwise, there may be a test of the $45,000 area.

Local Support Area: $46,700-$47,200

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Over the last seven years, Bitcoin has delivered an impressive average annualized return of approximately 44%, significantly outperforming other major assets, which have averaged only 5.7% during the same period.

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Bitcoin has climbed above the $48,000 mark, marking a positive development. However, it's crucial to note that this level serves as a significant resistance zone, extending up to $50,000. Additionally, $50,000 is a psychological barrier for traders. It remains to be seen how the price will respond as it approaches this resistance area.

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IDEX analysis:

The price has rebounded from the support area, indicating it may move towards the local resistance area. You can either place your buy orders in the support area or wait for a break above the local resistance area to enter the market.

Support Area: $0.047-$0.049

Local Resistance Area: $0.060-$0.062

$IDEX

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The altcoin marketcap (TOTAL2) is currently testing the $800 Billion resistance area. If the price manages to close a candle above this key level, it could signal a strong upward rally for altcoins. This resistance area has significant importance, and a decisive breakthrough could indicate increasing bullish momentum in the altcoin market. Traders and investors are closely watching this level as a potential catalyst for further gains in the altcoin space.

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Bitcoin tested the resistance at $48,000 but failed to hold above it. We may see some sideways movement near the resistance area for the next 2-3 days. There is a possibility that the price may drop to $45,000 before the next move.

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ARK analysis:

The price is currently moving towards the resistance area. We should observe how the price behaves when it reaches this area. It is advisable to wait until a candle has closed above the resistance area before making any new entries. If the price is rejected at the resistance area, it will likely move towards the support area.

Support Area: $0.626-$0.669

Resistance Area: $0.88-$0.905

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