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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 {spot}(ETHUSDT)
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 {spot}(BTCUSDT)
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 {spot}(ETHUSDT)
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 {spot}(BTCUSDT)
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
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 {spot}(BTCUSDT)
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
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
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
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
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
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
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
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