#RPL is been kept on printing new lower lows, and formed a new support zone of $8.85 - $9.45 and rejected from the resistance line too. Price given a short-term move by breaking the small down trend channel pattern. Nothing clear as of now, wait for the price to break either side and pull the trigger with a retest.
#BTC again turned back to the major resistance level and forming the bear flag pattern and hitting the major resistance too. This is now a crucial point and we may see some strong moved either side of the market after the breakout.
#US30 shifted it structure from bullish to bearish. Price now trying to reach out the next major support area around 40,000 and a potential bounce is expected.
#STRK moving towards the listing price and build of the support zone of $0.33 - $0.35 and Resistance Zone of $0.41 - $0.42. Price gave a shallow close above and expected an up move towards the next resistance area of $0.50 - $0.51.
#BTC attempted to move back to the resistance area getting rejected again. The zone is standing very strong, as long as price trading below it, we might see more dump in altcoins. #BTC
The current price is being tested against a resistance area, which has resulted in some selling. If the price can break above this resistance area, we expect to see a move towards the $0.35 level. However, if the price is rejected from the resistance area, it will likely drop towards the support area.
#ADA ADA is currently approaching a significant resistance area. Our long position is currently more than 25% profitable from our entry point. We should monitor how the price behaves once it reaches the major resistance area. It is recommended to either use a trailing stop loss or book some profits at the major resistance area.
#BONK has rebounded from the support area as anticipated. Our long position has achieved a peak profit of over 40% from our entry point. It is recommended to hold onto the long positions while using a trailing stop loss as we may see a move towards the resistance area, which is the zone for profit booking.
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The price has rebounded from the support area, indicating it may move towards the local resistance area. You can either place your buy orders in the support area or wait for a break above the local resistance area to enter the market.
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#BAT approached the resistance area but encountered rejection, indicating potential downward movement. A move towards the support area is likely, presenting an opportunity to consider opening long positions. It's advisable to wait for further confirmation before entering new trades.
The price is currently moving towards the resistance area. We should observe how the price behaves when it reaches this area. It is advisable to wait until a candle has closed above the resistance area before making any new entries. If the price is rejected at the resistance area, it will likely move towards the support area.