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M_Idrees
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To drive
BTC
higher from this point, we need a 45-minute resistance at $68,590, which could push the price up to $69,000. However, the market's critical breaking point is $67,690.
#M_Idrees
#BTC☀️
#altcoins
#BinanceLaunchpool
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Over the next three hours, if the market holds between $3,580 and $3,585, we could see a reversal leading to a drop-down to $3,540. To recover, Ethereum needs to establish a 45-minute resistance at $3,590, which could drive the price back up to $3,630-$3,645. #M_Idrees #altcoins #bitcoin #EthereumPower #BinanceTournament
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The support level at $3,500 is critical; if it fails, we could see a drop to $3,420-$3,450. For a recovery, Ethereum needs to establish a resistance between $3,545 and $3,555 for 45 minutes, potentially pushing the price up to $3,590. #M_Idrees #bitcoin #altcoins #EthereumPower #EthereumDown
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If ETH maintain a 30-minute resistance at $3,540, the market could see a brief surge to $3,570-$3,575. However, if it drops below the weak zone of $3,500, it might decline further to around $3,470. #M_Idrees #BTC #altcoins #EthereumPower #EthereumDown
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The market first needs to reach $67,850 to gather enough momentum to hit $68,500, resulting in a total increase of $1,400. On the downside, the support level remains at $65,400, with initial signs of weakness beginning at $66,200. #M_Idrees #BTC #altcoins #buythedip #BinanceLaunchpol
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Despite Ethereum's initial support at $3650, the current market situation suggests it's entering a precarious phase. Should Ethereum breach the $3650 mark, a drop to $3610 could occur swiftly. The full-day candlestick chart displays a robust bearish candle formation, indicating considerable downward pressure. The safe zone to watch for Ethereum lies around $3740. #M_Idrees #altcoins #BTC #TopCoinsJune2024 #IOprediction
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