Every step you take today is a building block for your tomorrow. Believe in your dreams, work hard, and stay persistent.Never give up, and always keep moving fw
What do we have on the market? BTC is trading around $60,000, surprisingly it did not fall below, bitcoin dominance is rapidly growing further, but altcoins. Overnight viola fell by about 10%, this is on average, and this is while bitcoin fell by a couple hundred points.
#STORJUSDT was preparing to break out of a bearish channel but ultimately failed to break out and fell to the $0.3500-$0.3200 support level.
If the current level is not maintained, the price can continue moving in the downward channel and reach the demand level of $0.2200. If the price continues to trade above the support level, it may move upwards to retest the $0.6000 resistance level.
Currently, $GALA is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.01830 , which could lead to a significant bullish breakout if sustained momentum is achieved.
Should this occur, we could see #GALAUSDT challenging the descending resistance and aiming for the major supply area at $0.03200. A breakthrough above this supply zone could trigger a substantial bullish rally, potentially pushing the price toward a strong resistance level. However, we must also consider the possibility of rejection at this supply area.
If #GALAfaces resistance here and loses momentum, we might witness a bullish rebound from the solid support at $0.01400. Falling below this support could indicate a prolonged bearish trend, with $GALA continuing to trade within the descending channel.
We see another round of decline in the market. Similar dynamics took Sui downward. Let's consider its chart on the 1-day timeframe.
The price has reached the support at the local minimum, ~$0.63. From here it is trying to form a bullish pin-bar candlestick pattern 🐃
A bullish double bottom pattern may also form from here. It is quite strong, but is still in the early stages of formation. The favorable factor here is the decrease in trading volume as the formation is formed.
ETH is trading right on the long range, if we don't hold at this level, we will fly to take down 2800$, it would be a perfect entry point both for ETH and for the whole alt market in general.
But there are quite a lot of people waiting for 2800$ to be taken off, and as you remember the market always goes against the crowd, they may not give such a price and fly away earlier, for example, from the current ones.
#LZUSDT has again reached the important demand area of $0.1550-0.1450. The downward trend still seems strong, and there is a possibility of falling to the next zone.
The $0.1110 level is also an important demand area and is likely to fall to this level if the price cannot support the current level. After breaking the $0.1110 level, the level can be reached Considered $0.0800.
If the price can break through the specified downward dynamic resistance, it will likely start a strong uptrend.
‼️Important: 1. In each trade, use no more than 2-5% of your total deposit. 2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5.
#SXP is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout.
if #SXPUSDT taps into the critical demand level of $0.1950. Should the price maintain strong momentum here, we could see Price breaking through the descending resistance and targeting the major supply area at $0.3000 .
A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
However, falling below this level could signal a prolonged bearish trend, and #SXP will keep moving within a descending channel.
I woke up and smiled, this is the morning today. Overnight bitcoin rose by almost 6%, ether is also slowly starting to catch up, followed by alta. I think on the weekend we will see the growth of alta and bitcoin sideways again. Everything is fine on the market, I told you not to worry.
‼️Important: 1. In each trade, use no more than 2-5% of your total deposit. 2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5.
‼️ Important: 1. In each trade, use no more than 2-5% of your total deposit. 2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5
The market is having a great weekend, once again there was no +- adequate movement on a weekday, but the weekend saw some nice growth. Bitcoin crossed the mark of $60,000, and ether $3,200, beauty?