breakdown
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DIAUSDT Pair
The overall trend appears to be a descending channel. The price has been making lower highs and lower lows, forming a channel with two downward-sloping lines. The top of the descending channel, suggesting a potential breakout.
Support and Resistance Levels:
Support:
Immediate Support: The lower line of the descending channel acts as immediate support. Currently, it sits around 0.80-0.82.
Stronger Support: The price has bounced off the 0.70 level a few times, suggesting it might be a more robust support level.
Resistance:
Immediate Resistance: The top line of the descending channel represents immediate resistance. This line currently sits near 0.90-0.92.
Stronger Resistance: The price has failed to break above the 1.00 level multiple times, suggesting it could be a key resistance area.
#DIAUSDT #DIA #Write2Earn #breakdown $DIA
The overall trend appears to be a descending channel. The price has been making lower highs and lower lows, forming a channel with two downward-sloping lines. The top of the descending channel, suggesting a potential breakout.
Support and Resistance Levels:
Support:
Immediate Support: The lower line of the descending channel acts as immediate support. Currently, it sits around 0.80-0.82.
Stronger Support: The price has bounced off the 0.70 level a few times, suggesting it might be a more robust support level.
Resistance:
Immediate Resistance: The top line of the descending channel represents immediate resistance. This line currently sits near 0.90-0.92.
Stronger Resistance: The price has failed to break above the 1.00 level multiple times, suggesting it could be a key resistance area.
#DIAUSDT #DIA #Write2Earn #breakdown $DIA
#Bitcoin Update
The uptrend is still intact for the time being, but the real test will come when PA tests the lower side of the trend; however, a #breakdown will be nasty if it happens.
The uptrend is still intact for the time being, but the real test will come when PA tests the lower side of the trend; however, a #breakdown will be nasty if it happens.
💎#BTC/USDT ANALYSIS
$BTC is currently forming a symmetrical triangle pattern. The Ichimoku cloud and the 100-day moving average are acting as resistance levels.
Additionally, the MACD crossover is indicating a shift towards #bullish momentum. Therefore, it is advisable to await a definitive breakout or #breakdown of the triangle for confirmation of the next direction.
#Bitcoin #BTC
$BTC is currently forming a symmetrical triangle pattern. The Ichimoku cloud and the 100-day moving average are acting as resistance levels.
Additionally, the MACD crossover is indicating a shift towards #bullish momentum. Therefore, it is advisable to await a definitive breakout or #breakdown of the triangle for confirmation of the next direction.
#Bitcoin #BTC
breakdown
Bitcoin's Fourth Halving:
Block rewards for Bitcoin miners reduced to 3.125 BTC, marking a significant event for the cryptocurrency.
Impact of ETF Developments:
US SEC Approval:
Nearly a dozen spot Bitcoin ETFs approved, leading to a surge in demand and BTC prices.
Key Players:
ETFs by BlackRock and Fidelity attracted billions, driving BTC prices to new highs before the halving.
BNY Mellon and Morgan Stanley:
BNY Mellon disclosed its exposure to BTC ETFs, while Morgan Stanley considers recommending them to clients.
Global Expansion:
Hong Kong plans to launch its own BTC and Ethereum ETFs, potentially influencing Asian markets.
Overall developments suggest growing institutional interest Bitcoin and cryptocurrencies.
#BTC #breakdown
#BTCandAllcoin #BreakingCryptoNews
Bitcoin's Fourth Halving:
Block rewards for Bitcoin miners reduced to 3.125 BTC, marking a significant event for the cryptocurrency.
Impact of ETF Developments:
US SEC Approval:
Nearly a dozen spot Bitcoin ETFs approved, leading to a surge in demand and BTC prices.
Key Players:
ETFs by BlackRock and Fidelity attracted billions, driving BTC prices to new highs before the halving.
BNY Mellon and Morgan Stanley:
BNY Mellon disclosed its exposure to BTC ETFs, while Morgan Stanley considers recommending them to clients.
Global Expansion:
Hong Kong plans to launch its own BTC and Ethereum ETFs, potentially influencing Asian markets.
Overall developments suggest growing institutional interest Bitcoin and cryptocurrencies.
#BTC #breakdown
#BTCandAllcoin #BreakingCryptoNews
$XRP
After breakdown from long run, we may expect it to go back to $0.3
#xrp #XRPPredictions #predictons #breakdown
After breakdown from long run, we may expect it to go back to $0.3
#xrp #XRPPredictions #predictons #breakdown
$MEME has confirmed its breakout from $0.0125 with significant volume, suggesting a strong upward momentum. The next target for this coin is $0.028 in the near term. Keep a close watch on Memetoon, as it has the potential to be a major game changer! Hopefully, #Bitcoin will maintain its bullish trend during this period. In the last rally, we've tracked impressive gains of 320%.#breakdown
$ILV #breakdown still on the way next target 36.1 if take support from 36 then bullish move start my friend's .
love you alll
love you alll