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Technical CRYPTO Analysts
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#LTC is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. But if #LTCUSDT faces resistance at the upper trend line of the wedge In that case, we could see a retest of the bullish around $60.00. This level has been a stronghold of support for LTCUSDT , rich with liquidity and a key area for potential buy orders. However, if Litecoin doesn't bounce back from $60.00, the focus shifts to the next crucial support at the lower demand zone of $56.00. The likelihood of a strong rebound here is quite high, making it a critical level to watch. On the flip side, if LTC continues to slide, the bears might gain control, leading to a bearish continuation. This would mark a significant shift in the market sentiment. $LTC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA
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#ROSEUSDT has been adhering to a descending trendline. Recently, it successfully broke above this trendline and resistance at $0.08300, turning this level into support. If #ROSE sustains momentum at this support, there is a high probability it will first target resistance at $0.103. However, due to previous strong bearish pressure, there's an imbalance in the price. It's likely that the price might revisit this level to fill the imbalance. Will the price break through the $0.10200 - $0.10600 resistance, or are we looking at a potential bullish rebound from below support? $ROSE #ETH_ETF_Approval_23July #BinanceTurns7 #SOFR_Spike
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#Ethereum has again formed a similar pattern before climbing to $4,000. The price recently broke out of the downward resistance and tested it again. So now the chance of another strong upside step to test the important resistance level of $3900-4000 is very high. Now the price is facing surface resistance in the area of $3500, so both the upward scenario to the resistance level and the scenario of the price falling again to the support level of $3030 are significant. $ETH #ETH_ETF_Approval_23July #BinanceTurns7 #SOFR_Spike
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After the German government, Mt. Gox is now moving BTC for repayments.#Bitcoin is experiencing a dip due to this, but don't worry – this phase will also pass soon. $BTC #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7
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#LINK reached the support level of $11.830-$12.500 after forming a downward harmonic pattern and falling more than 40%. At first, it had an unsuccessful break from this level and decreased to the bottom of the downward channel, and then recovered again. #LINK/USDT has now broken the descending channel and is out of it. The probability of the price returning to the support level of $21.630-22.850 is very high. But if the price can not continue to grow above the broken dynamic resistance level and re-enter the channel, it will descend to the bottom of the channel. $LINK #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7
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