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Vip_Aird

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Has the market started an Uptrend?

Is $BTC still capable of filling the $77k Gap?
Has BTC made a definite #ATH or is it just a temporary ATH?
Are $DOGE , $SHIB , #PNUT or other #Memecoins finished their bull run this year or is it just beginning?
Is #Gold rallying or is it a trap?
Have you ever asked yourself these questions? I think we can discuss it on #Binance

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Bitcoin continues to move sideways, with little volume on the weekend. We will see some action on Monday when the global markets open. $BTC

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Btc cannot break above the resistance area and the price is now testing the $67,000 level. A wick below this shows stop hunting and good buying pressure. A break below $67,000 will send the price towards the $65,000 level. $BTC

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$WIF analysis:

Price is trading in a symmetric triangle pattern. Price is in an uptrend and we may see a break of this triangle in an upward direction. Meme coins are showing, you can grab some at the support area.

Support Area: $3.10-$3.25

Resistance Area: $3.95-$4.10

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The TOTAL crypto marketcap continue the upward movement after the breakout. We may see a move towards the all-time high resistance area soon. The overall market is bullish. $BTC

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$UNI analysis:

Price experienced a significant upward movement after prolonged accumulation/sideways action. It broke through the resistance area and is currently retesting it. Consider initiating long positions around the support area.

Support Area: $10.35-$10.60

Resistance Area: $11.65-$11.80

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$MEME has broken the triangle pattern in an upward direction, and the price is now testing the resistance area. Meme coins are showing strong upward movement, and we expect a breakthrough of this resistance area. You can consider opening a long position after a break and a candle close above the resistance area.

Resistance Area: $0.0316-$0.033

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#Bitcoin broke the triangle pattern in an upward direction but was unable to sustain the upward movement. The price is currently holding above the $67,000 support area, which is a positive sign. If the price breaks below this support area, we may see a move toward the $65,000 support area. $BTC

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$STRK is currently breaking out of the falling wedge pattern. The price is now retesting the trendline, and if it can hold above this level, we may see a good upward rally. Consider opening small long positions here with a tight stop loss.

Major Resistance Area: $1.675-$1.805

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#Bitcoin is consolidating near the resistance area with a triangle pattern forming on lower time frames, suggesting more sideways movement. The support and resistance levels remain unchanged. $BTC

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$MEME analysis:

Price is currently trading in a triangle pattern, and we may soon see a breakout. This is a no-trade zone, and it's better to wait for a better setup.

Support Area: $0.023-$0.0238

Triangle Resistance Area: $0.0288-$0.030

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As the price approaches the end of the distribution phase, we see that about 15.9% of the coin supply is just below the current price, creating a strong support level.

On the flip side, only 1.1% of the coins are above the current price. This means if demand keeps increasing, we could see the price rise quickly as we enter a new phase of price discovery. $BTC

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$UNFI was unable to break above and rejected from the resistance area. This is the reason we told you not to take any trade. We may see again a test of the resistance area. The support and resistance area remains the same.

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$BTC has rebounded from the $67,000 support level and is now testing the resistance area. Let's see if the price can break the key level of $70,000. Overall, the market is looking bullish, and we expect upward movement.

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Currently, the rate at which new capital is flowing into the #Bitcoin❗ network has slowed down considerably from its peak as the market digests the recently distributed supply.

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The altcoin market cap (TOTAL2) has broken the downtrend line with a big candle. The approval of the Ethereum ETF is the reason for this, and we may see more money flowing into $ETH when the spot ETF trading starts. This is good for altcoins and we may see an altseason soon.

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#Bitcoin was unable to hold the $69,000 level and the price dropped to the support area. Currently, $BTC is testing the $67,000 level and it needs to hold this level; otherwise, we may see a continuation of the downtrend. The next support area is between $64,500 and $65,200, and the resistance area is between $69,000 and $70,000.

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$BAT analysis:

Price is trading in a narrow range and has been rejected from the resistance area. A move towards the support area is expected, providing an opportunity to open a long position.

Support Area: $0.22-$0.229

Resistance Area: $0.258-$0.266

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According to Glassnode, small Bitcoin (BTC) holders, known as "shrimps," who own less than 1 BTC, hold about 7% of the total circulating supply.

This highlights their significant role in the ongoing trend of accumulating $BTC .

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$PORTAL just dipped below the support line to trigger stop losses. If you opened long positions at the support line, you're now looking at over 15% profit. Increase your stop loss to breakeven point and hold the long positions as we may see a break of this falling wedge pattern.