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
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
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
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
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
BTC needs to hit $69,850 until the market stabilizes at this point, altcoins won't recover and will continue to decline. To generate buying pressure, we need the resistance to reach a maximum of $70,000. If support at $69,000 breaks, the likelihood of the market dropping to $68,000. #M_Idrees #altcoins #BTC #TopCoinsJune2024 #BnbAth
Ethereum currently has support at $3,694, which is preventing it from falling further. However, if the market doesn't reach $3,730-$3,740 within the next two hours, we could see a drop to $3,660. If Ethereum doesn't recover at $3,660 within 15 minutes, the position will weaken even further. #M_Idrees #altcoins #BnbAth #TopCoinsJune2024
Right now, $69,000 is the critical level for BTC. A large bearish Marubozu candle is forming, but its shadow is close on both sides. If BTC breaks below this level and doesn't recover within an hour, we could see a drop to $68,200-$68,500. For recovery, we need to reach $69,850, with an initial target of $69,650. #M_Idrees #BTC #altcoins #TopCoinsJune2024 #BnbAth
Currently, Ethereum's support level is $3700. If it falls below this level, we could see a temporary dip to $3665. The key resistance level is $3745, and maintaining resistance at this level for 60 minutes could push Ethereum's price up to $3780-$3790. #M_Idrees #EthereumPower #altcoins #BinanceLaunchpool #EthereumDown
We can observe a bearish hanging man candle forming, indicating the market is at a crossroads. Currently, the key support level is $67,000. If this support is broken, the market could drop to as low as $65,900-$65,500. However, it is crucial that if the $67,000 level is breached, there should be a recovery period of 45 minutes. Without allowing for this recovery time, attempting to reach the target could result in losses. To achieve a full recovery, we need the price to reach $68,490. #M_Idrees #BTC #BinanceLaunchpool #altcoins #BinanceSquareFamily
At $3870 Ethereum is forming a solid resistance. This level should hold strong for the next three sessions. If Ethereum maintains this position, we could see an increase of $25 to $30, potentially reaching $3910. However, if the price drops to $3855-$3850, the next breaking point will be $3800. After stabilizing at $3800, a recovery of $20 to $25 is likely. #M_Idrees #EthereumPower #Altcoins" #BinanceLaunchpool #EthereumDown
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 #buythedip
If BTC breaks below $66,190 and fails to recover within 2 hours, its next support level will be $65,000. For a meaningful recovery, BTC needs to reach a resistance level of $67,600. #M_Idrees #BinanceLaunchpool #BTC #bitcoin #altcoins
The market is exhibiting stagnant behavior with bearish signals on the full-day candle chart. BTC is in a vulnerable position at $66,900. To trigger an upward trend, a 45-minute resistance at $67,690 is essential, potentially driving the market up to $68,000. #M_Idrees #CMEBitcoinSpotTrading #BinanceLaunchpool #altcoins #BTC
If the $65,000 level is being manipulated, the $63,800 level will become significant. Keep this in mind, as there is a 30% chance of this occurring in today's market. The market has given us a maximum resistance of $66,300, but $65,000 remains a strong support level. The key resistance level to watch is $66,850. If BTC can sustain a 30-minute resistance at this level, we could see a high of $67,500, with a 48% chance of this happening. #M_Idrees #CMEBitcoinSpotTrading #BinanceLaunchpool #BTC #altcoins
Today's full-day candle for Ethereum appears bearish, indicating potential strength in the downtrend. A dip of $35-$40 could be anticipated. However, Ethereum's stronger level lies at $3035-$3045. With a 30-minute resistance at this level, Ethereum has the potential to reach $3090. #M_Idrees #BinanceLaunchpool #altcoins #EthereumPower #EthereumDown
As time passes after the CPI report, BTC's support is expected to strengthen further. However, if the support at $65,000 is breached, we might witness a decline to $63,800. A 45-minute resistance period for BTC at $66,800 could indicate a potential move to the next level. Alternatively, if the market sustains around $66,300, we may observe an increase in altcoin prices. #M_Idrees #BTC🔥🔥🔥🔥🔥 #altcoins #BinanceLaunchpool #notcoin
A significant bearish Maru Bozu pattern is emerging on the Ethereum chart. Following the CPI report, Ethereum may experience a normal decline, potentially ranging from $35 to $50. For recovery, it's crucial to achieve a minimum resistance period of 1 hour, ideally up to $2945. This resistance level is essential for Ethereum to establish a path towards recovery. #M_Idrees #BinanceLaunchpool #altcoins #EthereumDown #EthereumPower