Finally, W broke the resistance area and the price is now holding above it. You can start accumulating here for mid-term. We may see a continuation of the uptrend. Accumulation Zone: $0.69-$0.71
The price has reached the support area, and it has bounced back from there. Currently, it is moving towards the resistance area of the trading range. If the price manages to break above the resistance area, it will be a bullish signal, and the upward movement will continue. However, if the price gets rejected from the resistance area, it will move back towards the support area. Support Area: $5.97-$6.10 Resistance Area: $7.57-$7.90
The current Bitcoin price is testing the $59,000-$60,000 level, as expected. If BTC manages to reclaim the $60,000 level, we can expect the upward movement to continue. However, if the price is rejected at this level, we may witness some sideways movement and a slow downward trend.
The price bounced back from the support area, indicating heavy buy pressure. It is slowly approaching the resistance area. As this is a no-trade zone, it is better to wait for some time. Resistance Area: $1.23-$1.325
Altcoins are demonstrating strength as they bounce from support levels, while Bitcoin Dominance breaks the uptrend line. This signals a positive outlook for altcoins, and we may see a continuation of the downward movement in BTC Dominance toward the 51.90%-52.15% support area.
The price of W has attempted to surpass the resistance area, but it was rejected. However, the price is still near the resistance area and appears to be holding strong. There is a possibility that we may see a break of this resistance area. If the price breaks and closes above the $0.69 level, you may consider opening a long position.
Price is currently approaching a support area and it's recommended to wait for new entries. We plan to open new long positions near the support area. Support Area: $0.99-$1.04 Resistance Area: $1.25-$1.31
ETH is currently trading within a falling wedge pattern, with the price testing a significant support area. Expect potential sideways movement near the support area. Falling wedge patterns typically signal bullish trends and often break out in an upward direction. Keep an eye on ETH for a potential bullish breakout.
Bitcoin has failed to maintain its uptrend and is currently testing the major support area of $59,000-$60,000, which was expected earlier. This is a crucial zone for BTC, and a break below $59,000 will likely bring about panic and more selling in the market. Therefore, keeping a tight stop loss in all open positions is recommended. The next good support level will be in the $50,000-$53,000 area. The news about CZ's 4-month imprisonment is the reason for this dump.
Price is currently at a support level and needs to hold for a potential bounce towards the resistance level. Consider opening a small long position with a tight stop loss. Support Area: $3.40-$3.65 Resistance Area: $4.83-$5.11
Price is currently testing a resistance area, and a break above it would be bullish. There is also a small uptrend line acting as support. Traders should wait for a break above the resistance area before entering new positions. Resistance Area: $0.66-$0.69
BCH has now reached the support area. Price needs to hold this level otherwise see heavy sell-off in the market. You can open a small long position here with tight stop loss. Support Area: $445-$460 Next Support Area: $340-$360
Bitcoin experienced a surge in its value because BTC ETF trading began on the Hong Kong exchange. However, the price is currently unable to surpass the triangle and is now cooling off. It remains to be seen whether the price will be able to move towards the $64,000-$65,000 level or not. The support and resistance levels remain the same.
The current price is being tested near the support area and this level must be held. If you plan to open a long position, it is recommended that you do so at the support area while keeping a tight stop loss. We might observe an upward movement from this point towards the triangle's resistance line. Support Area: $0.57-$0.615 Resistance Area: $0.72-$0.74
ETHFI had a false break below the support line, which was intended to shake out weak hands. The price has increased over 38% since we entered and we hope that you have also made some profits. If you have any open long positions, please increase your stop loss to the breakeven point. A candle close above $4.50 is bullish and will continue the uptrend.
Price has formed a triangle pattern and bounced off the support level. It is better to wait for new entries as this is a no-trade zone. We may see some sideways movement inside the triangle. Support Area: $1.115-$1.185 Resistance Area: $1.366-$1.40
BOND/BTC lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊🚀 Targets: 5140 - 5900 - 6800 - 8000 satoshi SL: 4200 satoshi
Bitcoin Dominance has fallen below the significant 55% level and is now breaking below the uptrend line. This break below the uptrend line suggests a positive trend for altcoins. If BTC remains steady within a particular range, we can expect to see an ongoing upward movement in altcoins.
Bitcoin is currently exhibiting a triangle pattern on lower timeframes, with clear support and resistance lines. The impending break of this triangle will dictate the direction of the next significant move in the market.