Cryptos technical analyst on market trends. Enthusiast in DeFi, Layer 1/Layer 2, Meme Tokens/Coins. I try to provide potential profits that occur in the market.
The price has broken above the horizontal resistance, suggesting bullish momentum.
Around $568 - $570, which aligns with the dashed projection showing a bullish breakout.
If the breakout fails and price falls back below the trendline and resistance zone, the dashed projection indicates a decline toward $460 - $450 or even the recent low near $378.6.
The price breaking above the resistance signals potential bullish continuation toward $568.5 or higher. However, failing to hold above the breakout level may lead to a bearish reversal, targeting lower supports near $460 or the trendline. $BCH $BTC
FnG down to 80 (greed) from extreme greed 90. It can be seen from several cryptocurrencies that have participated in the bull run market, there is a bearish or pullback $SOL $BNB $DOT