The price action on the weekly timeframe is consolidating in a descending triangle pattern, with the price action holding at its horizontal support level marked between $4.288 and $2.915. 📉
If the price action holds at this level, we can expect a potential bounce back. 📈 ➖➖➖➖➖ Thanks Crypto Gainers $GALA
Dogecoin is moving in a descending channel in the 4-hour time frame and is now in the middle of it.The price reacts well to the ceiling and floor of the channel.
This descending channel is actually a correction of an upward trend in the daily time frame. Therefore, the long-term trend is still upward.
According to the current market trend , reducing volatility and the global markets is closed., the price is expected to slowly move towards the important support of $0.122-0.11260. This level is very important, and we can expect strong support from this level
✅BTC is still in range the 64k level is acting as the support ✅While the 66k level is now acting as resistance ✅If BTC breaks the 64k support level the next support level will be the 60k level. ✅As we have a weekly closure for the bullish momentum of BTC it needs a closure at-least above the 66k level to then target the higher levels of 69 to 70k. ✅As today we have a weekly closure volatility is expected so trade cautiously and must use sl.
As we shared this ygg setup on that time btc dump that's why not moved accordingly now again consolidating within channel and currently facing orange line resistance.
currently breakout done and retesting after break above red line will see next upper resistance trend line and highly probability breakout soon.🔥
We'll long this after good confirmation also we can long right now but it will increase our risk so we'll wait for this 👍
Perfectly took support from our mentioned lower price range as you can see the previous message 👆🏻
593 to 610 was the buying zone
593 touched ✅
The point to be noted here is that it didn't break the Trendline!
It took a fake breakdown trapping the people who did short here.
Despite the Red Market, we are not bearish.
It's Bull Run, and we are bullish ✅
BNB is expected to touch upper Trendline resistance of 760 in upcoming days / weeks, there it can take a breakout and achieve all our previous Targets ✅
As you all know Btc trading above 66k approximately and if we talk about current Btc situation then currently btc consolidating between 66.4k to 66k.
If btc will consolidate here for 1-2 days means till Monday and closes 1d good bullish candle and close above 67.4k then we'll see pump.
you all know mostly alt coin follows Btc. if btc dump then alt also dump hard that's why we are waiting for btc next move because current btc price on crucial support levels it has to hold this level according to TA.
Still 65k to 64.5k important level for btc if btc will closed below Blue trend line then we'll see this price and also we can see 63k level.
When btc was on 71k to 72k level we advised you all put only less fund 1-2% max 3% that's why because btc on that time important resistance zone then you'll not in big loss hope you all followed us.
Now trading is part of profit and loss you all know these things we'll blast soon.🔥
In the chart👆 we clearly see that eth travel in a downward channel. To getting momentum again first to break this channel after that we trade above blue line zone area.
So this chart keep in mind also and see that eth break this channel or continue to trade inside this channel. If this channel not break and continue this downward momentum then we can see clearly eth in 3000-3200$ range...
🔹Price is bouncing here.
🔹We already closed eth long only spot holders are holding.
🔹But price bounced and came to our buying zone now.
🔹Also price is trading well above 3500$ which is daily 50 EMA.
🔹If daily candle holds this level then we are going to see a good move in ETH.
$BTC following Below support trend line, first time on January month and second time May month and now 3rd time going to attempt today.
The price is around 64.5k approximately as I said before this update for the next btc pump it has to hold this trend line support. And if btc again reclame 66.2k level above trend line resistance then it will be good but it has to do this within 5 hrs means before closing 1d candle.
However the weekend is coming so we can see consolidation here between 66k to 64.5k. If we get good confirmation there then it will bounce back from this level.
Always buy in Fear and sell in greed Don't forget these rules.
The price has broken below a major support area and is currently trading below it. We might see a retest of this area. If the price cannot break above this level, then we could expect a continuation of the downtrend towards the lower support area. It's advisable to wait for some time before considering new entries.
The price action of $SKL on the daily timeframe is consolidating within a descending triangle pattern.
The price action is bouncing back from the support level region. We can expect that the price action will break out of the resistance trendline level, but it must close above this region first. 📈 ➖➖➖➖➖ Crypto Gainers
Now after break down channel btc dump as I said it's usually bearish stay safe👍. now dump done here and now reached our very important zone Blue trend line expecting bounce from here. After 2hr bullish candle closed here then will see next pump.
If it's break below Blue line zone then will see another dump wave 🌊 excepting bounce we'll update you more soon 🔥! 👍
As you all know Btc trading above 70k currently now btc trading on Resistance zone as I said before this and told you about this hold less position and trades because of btc volatility.
Now as I said btc can take small correction till 70.5k to 70k approximately but we have support at 70350 approx it has to hold this level.
If it will break down then we have 70k to 69.6k approximately it's a good support area.
Now according to this chart if btc will breakdown higher tf yellow line then btc can play like as I drawn on chart.
There is two possible scenario the one btc has to hold 70350 to 70k area if it's break below we will see 69600 approximately currently probability is low for this price range.
If anything happen will update you 👍 Till trade safe. I also said you hold less position btc can take small correction.
Good morning everyone, as i discussed earlier the support level of eth and now you can clearly see that eth hold our first support (blue line) strongly.
But if there is unexpected news coming and eth price break this support level than you don't miss the entry at green line support area. As i promised in the Mentioned message 👆 that we discuss the worst case scenario in our next update.
Now Red line area (approx 3250$) is the final dip in the worst case scenario. But there is highly chance not to go price in red zone area. But in crypto nothing to impossible so do DCA according this chart if price go down in coming days.
The price action of $BTC on the H4 timeframe level successfully has broken out its resistance trendline level.
The price action has to close above the level so the price action can show us further upward movements.
PREDICTED DAILY RANGE $73,937 to $62,994
The price action on the H4 timeframe level has broken out the resistance trendline level and the price action has squeezed out the buy-side liquidity level thus we can expect some rejection level from there.
However, the price action has broken out the neckline of the compression level which can show us the further upward movement after its retest level - Yours truly, #CryptoGainers
As you all know Btc trading above 68k and I already Said you about this pump after close orange resistance trend line then will see pump again now pumped.
After pump btc again reached our purple resistance trend line and currently trying to break above trend line. After break above then will se again pump in btc still waiting for breakout.
As you all know we have longed btc at 67.8k approx hold this trade if anything happen I'll update you.