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Bullish

#NOT🔥🔥🔥   otimista

Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado. Consulte os Termos e Condições.

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#ENSUSDT hit the support of upward dynamics and had some return. The resistance level of $27.50-$31.00 strongly hindered the price growth, and the price dropped more than 45% from that level. Although the first dynamic support has been broken, the main support has supported the price well so far, and its break is far from expected. The main scenario for #ENSUSDT is to grow again to the resistance level and try to break it.

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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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#Arbitrum continues its downward trend and has left the ascending channel that was formed in the daily time frame. The downward trend line that the price continues to respect, and now after breaking the support level of $0.7350-$0.7850 , we can expect the price to continue decreasing to $0.5000 . When the price can break the dynamic resistance and this failure is confirmed, the trend will change.

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#KSM is currently navigating within a falling wedge pattern, a formation typically seen as bullish. The price is heading towards the upper resistance of this channel, and we've noticed an accumulation phase on the 4-hour timeframe, which supports a bullish outlook. A breakout above the wedge's upper resistance will be promising, but remember, confirmation is crucial. You need to wait for a successful retest of the breakout level to ensure it's not a false signal. There is a major resistance between $27 - 24.5 .

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