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An ascending harmonic pattern has formed in the #Ethereum price chart in the time frame of the hole. Finally, after a lot of resistance, the price dropped more than 25% from the support level of $2870-3030 and reached the bottom of the ascending channel. Maintaining the current level is very important for the price because it is both the bottom of the ascending channel and the important demand level, if the price loses the current position it may fall to $1530. The main scenario for now is price relaxation and reduced volatility.
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#BOME was able to easily break out of the bearish channel resistance in the 4-hour time frame and after retesting, this failure was confirmed. Due to the price increase from the level of the last peak, the downward step of the trend has changed to an upward one, and the next target is $0.010830. If BOMEUSTD faces selling pressure again, it will return to the demand level of $0.006380 tour, and will provide the possibility of a stronger return. If the current trend continues, it is expected that the price will reach the 2 specified targets very soon. #BOME你就高攀不起了
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Here's the Analysis of #ALGO : #ALGO is been moving with in the large channel pattern and hit the major resistance area of $0.157 - $0.160. Price is still not looking good as its still inside pattern and below resistance. Need to wait for the price flip over the zone and take the buys. #ALGO.智能策略库🥇🥇
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THETA analysis: The daily chart has a falling wedge pattern, and the price has not yet broken out of this pattern. We may see a move towards the support area, presenting an opportunity to open a long position. Support Area: $1.20-$1.35 Resistance Area: $1.55-$1.60 #THETAPrice #THETAUSAT
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Here's the Analysis of #MATIC : #MATIC is been, flipped below the support zone turning it into a resistance area of $0.52 - $0.53. Price broke the trendline, and can do a potential drop with a retest. For a good setup, wait for the Daily Candle Closure.
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