$BTC #Btc Breaks Towards Downside, Will Remain Weak Below Trendline
World Of Charts
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$BTC {spot}(BTCUSDT) #Btc I’ve been watching this setup for a while and avoided trading earlier since price wasn’t at a key level. Now it has entered a critical zone where a reaction is likely. If this area holds, there are higher chances of a move toward the 70,000–72,500 region before any further downside. However, if price breaks below this zone, we can expect a drop toward the 60,000–62,000 area. The plan is simple—no anticipation, no rush. We wait for confirmation and then trade according to the direction of the breakout or breakdown.
$BTC #Btc I’ve been watching this setup for a while and avoided trading earlier since price wasn’t at a key level. Now it has entered a critical zone where a reaction is likely. If this area holds, there are higher chances of a move toward the 70,000–72,500 region before any further downside. However, if price breaks below this zone, we can expect a drop toward the 60,000–62,000 area. The plan is simple—no anticipation, no rush. We wait for confirmation and then trade according to the direction of the breakout or breakdown.
$POWR The market has been in a downtrend for a long time, but from the current area it looks like a possible recovery can start. For now, we need a proper breakout to confirm the bullish move. If the price breaks above the horizontal resistance and the descending trendline to the upside, then the market can give a very strong rally in the next few days. Without breakout, we should wait, because this level is the key for the next move.
$SHIB #Shib Looking Good Above Trendline, Expecting Move Towards Major Descending Trendline In Coming Days
World Of Charts
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Optimistický
$SHIB {spot}(SHIBUSDT) SHIB has given a clean breakout from the counter trendline, showing signs of short-term strength. Now I expect the price to move toward the upper descending trendline, which is the next main resistance. If SHIB manages to break that trendline as well, a strong rally of 50%+ is possible. For now, the main target is the upper trendline — further breakout will be confirmed after that.
$TAO #Tao is already running around 60% in profit and the price is currently trading at a strong resistance zone. From here we have two possible scenarios: if the price gets rejected from this resistance, we may get another opportunity near the 215$ support area, but if a clear breakout happens above this level, then TAO can move toward the upper trendline resistance where the next possible target could be around 400–500$. For now, we are waiting for a confirmed breakout, and we will act according to the reaction at this zone in both scenarios, so patience is required here.
World Of Charts
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Optimistický
$TAO #Tao Clean Setup Played Out Cleanly, 50%+ So Far {future}(TAOUSDT)
$QNT #Qnt Now Testing Trendline As Expected, Breakout Could Send It Towards 110$
World Of Charts
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Optimistický
$QNT {spot}(QNTUSDT) As of now, price has broken the horizontal area and is currently retesting it. If this level holds, the price can move upward and may break the trendline on the upside. After the trendline breakout, a strong move is possible, and the price can rally toward the $100–$110 zone
$QNT As of now, price has broken the horizontal area and is currently retesting it. If this level holds, the price can move upward and may break the trendline on the upside. After the trendline breakout, a strong move is possible, and the price can rally toward the $100–$110 zone
$STORJ #Storj is currently trading near a key horizontal resistance while also testing the descending trendline. A confirmed breakout above this zone along with a trendline break can trigger a strong bullish move. If price sustains above this level, the next target could be around $0.20, offering solid upside potential from the current range. A clean breakout with strong buying pressure will be needed to continue the move higher.