Price has been rejected from the resistance area, and we might see a retest of this zone. This is not a tradeable zone, so monitor how the price reacts here.
The price is currently testing the resistance area. Let's see if it's able to break above this level. The price will likely move towards the support area if there's a rejection. If it breaks upwards, it could lead to a strong rally in the market. It's better to wait for some time before opening new positions.
Price is currently testing the support area, and a bounce may occur from here. Consider opening a long position at the support area with a tight stop loss.
THETA rebounded after testing the support area. The long position is now in more than 12% profit. You can increase the stop loss to the breakeven point and hold the trade.
Price has broken the falling wedge pattern and is currently testing the support area. Consider opening a long position around the support area with a stop loss. There is potential for a continuation of the upward movement.
Bitcoin is currently struggling to break above the $60,000 level and is heading downward. The price needs to remain above the $55,000 level; otherwise, the situation could deteriorate, potentially leading to a drop towards the $52,000 level. It might be a good time to consider accumulating some Bitcoin (BTC) and other altcoins for the mid-term.
1- I can see after a dump meme coin created symmetrical triangle it's called bear flag according to technical analysis meme coin dump 44% so if you are holding meme coin stay alert.
2- I can see in daily timeframe STOCH RSI cross to the downside and it's also overbought so that I am more bearish on coin.
3- I can see BTC dominance is bullish alts is bearish that's why I am more bearish on coin.
TAKE ENTRY: 0.11200
1st tp- 0.11155
2nd tp - 0.11133
3rd tp- 0.11038
sl - 0.11308
leverage 10x
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1- I can see after a dump meme coin created symmetrical triangle it's called bear flag according to technical analysis meme coin dump 44% so if you are holding meme coin stay alert.
2- I can see in daily timeframe STOCH RSI cross to the downside and it's also overbought so that I am more bearish on coin.
3- I can see BTC dominance is bullish alts is bearish that's why I am more bearish on coin.
TAKE ENTRY: 2.433
1st tp- 2.374
2nd tp - 2.341
3rd tp- 2.272
sl - 2.513
leverage 10x
🔥 Click on my profile to join the Binance livestream and get in on these premium signals! 🔥
It's total3 chart it's mean ( CRYPTO TOTAL MARKET CAP EXCLUDING BTC AND ETH)
I can see there is a falling wadge now total3 chart pattern testing it's resistance line if it's get rejected from that resistance line alts will dump hard. If this chart pattern breaks to the upside it's indicate ALTS SEASON then alts will pump hard I will open LONG after breakout now risky
CryptoQuant's weekly report observed that "most Bitcoin (BTC) demand indicators are showing weakness." The report noted that the monthly increase in whale BTC holdings has slowed to just 1%, down from 6% in February—a 3% increase is typically associated with a rise in BTC prices. Moreover, inflows into U.S. BTC spot ETFs have declined since March. However, the report highlighted that long-term BTC holders have significantly increased their holdings compared to the first quarter, suggesting that despite the overall drop in demand, long-term investors are still actively accumulating BTC.