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chart analysis on weekly timeframe.
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The $IPUSDT shows a strong uptrend, respecting an ascending trendline with three confirmed touches (1, 2, and 3). The price is currently testing a minor resistance zone, which has previously acted as a rejection point. At this moment, the price is near the trendline for a potential fourth retest (marked as "4?"). If the trendline holds, it could act as a springboard for another upward move, potentially breaking the minor resistance and continuing the bullish trend. #BybitSecurityBreach #Write2Earn #TraderProfile #altcoins $ETH $LINK #BTC突破7万大关
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Word of the day
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$BNX BNX/USDT chart shows a strong breakout from the long-term descending trendline, signaling a shift in momentum from bearish to bullish. After an explosive rally, the price is currently retesting the breakout levels, which aligns with the key support zone. This retest is crucial—if the price holds above this zone and shows strength, it could confirm the breakout and lead to further upside continuation. DYOR, NFA #BNXUSDT #CryptoNewss #Write2Earn #altcoins #BullRunAhead $BNB $ETH
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$RENDER weekly chart indicates a weakening bullish momentum as the price continues to form lower highs, suggesting increased seller dominance. A significant breakdown has occurred as the price has fallen below the long-term rising trendline support, which previously acted as a strong base for upward movements. This breakdown signals a potential shift from an uptrend to a downtrend, raising concerns for long positions. #render #RenderNetwork #Write2Earn #Altcoin $ETH $BNB
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$BTC has broken below the broad accumulation zone. Exercise caution with long positions. #BTC走势分析 #Write2Earn #Alert🔴 #altcoin #bit $BNB $ETH
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