$MANTA Ā has successfully broken out of a falling wedge pattern on the daily chart. The price is currently supported by the 50-day Moving Average. A retest of the breakout point has been observed, indicating strong underlying bullish momentum.
Key Level: Entry zone: Current Market Price toĀ $0.677
Targets: A potential 3-4x gain from the entry point. $MANTA
$DOGS On the Rise!! $DOGS has recently broken out of a falling wedge pattern, and the retest at the support level appears to be complete. A trend reversal to the upside seems likely. The daily MACD shows a bullish breakout, reinforcing the potential for a rally. We anticipate a price increase of 80-90%.
$BTC surged by 16.86% last week, following a breakout from an inverse head-and-shoulders pattern after the US elections and Trumpās victory. This massive rally boosted Bitcoin's dominance to nearly 60%. BTCUSDT reached a high of $81,846 on Binance.BTC is anticipated to test two key support zones:
Support Zone 1: $73K to $70K Support Zone 2: $64K to $61K #BTC #Bitcoin's #bullruns
$BTC has successfully closed above a significant resistance level on a weekly basis, and it did so without a dramatic spike, suggesting a stable upward trend rather than a volatile surge. The price of BTCUSDT has surpassed a key resistance point with sufficient volume and momentum, indicating that this movement could be sustainable. This could reinforce the bullish sentiment established by the weekly close.
If the breakout holds and prices continue to climb, it might signal the beginning of a new upward phase for Bitcoin. Key resistance levels to watch include areas around $73,000, which are significant from a higher timeframe perspective.
$JUP was trading within a falling wedge pattern. The breakout from this wedge has been confirmed, and a slight retest of the price is anticipated. Currently, the price is supported by all major EMAsā50, 100, and 200āin the daily timeframe. Additionally, a strong support level is identified at the lower green channel.
Key Level: Entry zone: $0.8785 to $0.8073
Lower Support: $0.7304 to $0.6615 (DCA here if above level breaks)
$BTC is trading within the channel as expected. Buying activity is noted in the orange region, suggesting a likely bounce from this area. This level sits just above the channel's middle line. If this level is broken, the price could drop to the next support at $65,500.
$ONDO has rebounded from the support trendline. A daily close above the 100 and 200 EMA could signal a potential upward movement. Additionally, ONDO has broken out of a symmetrical triangle, suggesting a possible increase of around 80-100% in the coming weeks.
$PONKE has risen above the trendline and is rebounding off inclined support. The 100 EMA and 200 EMA are holding up the price. PONKE has broken above the pattern and is now consolidating above the support level.
$TON is currently trading within a pattern, making this an ideal price range for accumulation, whether on the spot or through long futures positions. The price is bouncing off both the trend support and a horizontal support level, with an RSI crossover indicating a bullish trend.
$SAGA has been trading within this channel for an extended period and is currently positioned just above a strong support level. It is likely to rally from this price point, with the 100 EMA on the 4-hour timeframe providing additional backing.
$USDT dominance has broken down from its rising channel after trading within it for nearly 230 days. This could be a positive sign for the BTC and altcoin markets, as the dominance of USDT shifts toward BTC and alts. The daily close has confirmed this breakdown. USDT.D is likely to decline toward the 5.06% support level, after which we might see a retest before ultimately dropping to the 4.74% level.
$BTC looks promising at the moment. The weekly close will be critical for BTC's next move. Currently, BTC is trading within the channel and needs to close above $69,000 on the daily timeframe to initiate a rally toward $70,000. To maintain bullish momentum, BTC must also stay above the $67,500 level. Trading within this channel could spark a rally in altcoins.
$BTC is facing a critical resistance level. A price pullback is possible. If it breaks above this level, we could begin the hunt for a new all-time high for BTC. #Bitcoinā #btc70k #cryptocurrency