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CRYPTO PRICE TRENDS
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BTC DİRENÇ SEVİYELERİ #Write2Earn #BullRun🐂 #BTC
BTC DİRENÇ SEVİYELERİ
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NEXT SURGE OF BITCOIN WILL PUSH IT OVER $70,000, POTENTIALLY LANDING IN THE $77,000-$80,000 RANGE. A REMINDER TO THE COMMUNITY: STEER CLEAR OF LEVERAGING TOO MUCH DURING THIS TIME. PATIENCE IS KEY.#Write2Earn #BTCUSDT.
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BITCOIN PRICE DUMPED TO $66K AS BEARS GAIN STRENGTH, $64K NEXT? Bitcoin price struggled to settle above the $70,000 resistance zone. BTC reacted to the downside after it broke the $69,200 support zone. There was a sharp move below the $68,500 level. The price even declined below the $67,000 level. Finally, it tested the $66,000 with a bearish angle. A low was formed near $65,992 and the price is now attempting a recovery wave. There was a move above the $66,800 level. The price moved above the 23.6% Fib retracement level of the downward move from the $69,884 swing high to the $65,992 low. However, Bitcoin is now trading below $68,500 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $68,400 on the hourly chart of the BTC/USD. Immediate resistance is near the $68,000 level. It is close to the 50% Fib retracement level of the downward move from the $69,884 swing high to the $65,992 low. The first major resistance could be $68,500 and the trend line. If there is a clear move above the $68,500 resistance zone, the price could start a fresh increase. In the stated case, the price could rise toward the $70,000 resistance zone in the near term. The next major resistance is near the $71,500 zone. MORE LOSSES IN BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could continue to move down. Immediate support on the downside is near the $66,000 level. The first major support is $65,000. The next support sits at $64,000. If there is a close below $64,000, the price could start a drop toward the $62,500 level. Any more losses might send the price toward the $60,500 support zone in the near term. TECHNICAL INDICATORS: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, followed by $65,000. Major Resistance Levels – $68,000, $68,500, and $70,000.#BTC.USD #bearishmomentum. #Write2Earn
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DOGECOIN PRICE APPROACHES KEY SUPPORT After a steady increase, Dogecoin price attempted more gains above the $0.230 zone. However, DOGE struggled above $0.2250. A high was formed at $0.2294 and the price started a downside correction, like Bitcoin and Ethereum. There was a drop below the $0.2050 and $0.200 support levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.1228 swing low to the $0.2294 high. Besides, there was a break below a key bullish trend line with support at $0.2040 on the 4-hour chart of the DOGE/USD pair. However, Dogecoin is still above the $0.1750 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.1950 level. The next major resistance is near the $0.200 level. A close above the $0.200 resistance might send the price toward the $0.2150 resistance. The next major resistance is near $0.2300. Any more gains might send the price toward the $0.2500 level. MORE DOWNSIDES IN DOGE? If DOGE’s price fails to gain pace above the $0.200 level, it could continue to move down. Initial support on the downside is near the $0.1820 level. The next major support is near the $0.1750 level or the 50% Fib retracement level of the upward move from the $0.1228 swing low to the $0.2294 high. If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.1480 level. TECHNICAL INDICATORS 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1820, $0.1750 and $0.1480. Major Resistance Levels – $0.2000, $0.2150, and $0.2300.#DOGENEWS #Write2Earn
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LITECOIN PRICE GAINS BULLISH MOMENTUM In the past couple of days, Litecoin gained pace and outperformed Bitcoin and Ethereum. LTC price formed a base above the $80 level and started a decent increase. There was a break above the $88 and $95 resistance levels. The bulls even pushed the price above $100. There was a clear move above the 76.4% Fib retracement level of the downward move from the $105.71 swing high to the $77.00 low. A new multi-week high was formed at $112.49 and the price is now consolidating gains.top near $68.40 before it started a fresh decline. Litecoin is now trading above $10 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $101.50 on the 4-hour chart of the LTC/USD pair. On the upside, immediate resistance is near the $112.50 zone. It is near the 1.236 Fib extension level of the downward move from the $105.71 swing high to the $77.00 low. The next major resistance is near the $115 level. If there is a clear break above the $115 resistance, the price could start another strong increase. In the stated case, the price is likely to continue higher toward the $120 and $122 levels. Any more gains might send LTC’s price toward the $132 resistance zone. ARE DIPS SUPPORTED IN LTC? If Litecoin price fails to clear the $105 resistance level, there could be a downside correction. Initial support on the downside is near the $105 level. The next major support is forming near the $100 level, below which there is a risk of a move toward the $95 support. Any further losses may perhaps send the price toward the $88 support. TECHNICAL INDICATORS: 4-hour MACD – The MACD is now gaining pace in the bullish zone. 4-hour RSI (Relative Strength Index) – The RSI for LTC/USD is above the 65 level. Major Support Levels – $105 followed by $100. Major Resistance Levels – $115 and $120.#LTC✅ #LTCUSD #Write2Earn
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BITCOIN PRICE REMAINS IN RANGE Bitcoin price formed a base above the $69,000 resistance zone. BTC climbed higher the $70,000 resistance zone to move again into a positive zone. The price broke the $71,000 level but the bears were active below the $71,500 resistance. The recent high was formed near $71,306 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $69,128 swing low to the $71,306 high. Bitcoin is now trading above $70,500 and the 100 hourly Simple moving average. There is also a short-term rising channel forming with support at $70,750 on the hourly chart of the BTC/USD pair. Immediate resistance is near the $71,300 level. The first major resistance could be $71,500. If there is a clear move above the $71,500 resistance zone, the price could start a strong increase. In the stated case, the price could even clear the $72,500 resistance zone in the near term. The next major resistance is near the $73,500 zone. ANOTHER DROP IN BTC? If Bitcoin fails to rise above the $71,200 resistance zone, it could start another decline. Immediate support on the downside is near the $70,750 level and the channel trend line. The first major support is $70,200 and the 50% Fib retracement level of the upward move from the $69,128 swing low to the $71,306 high. The next support sits at $70,000. If there is a close below $70,000, the price could start a drop toward the $69,120 level. Any more losses might send the price toward the $68,500 support zone in the near term.#BTC🔥🔥🔥🔥 $BTC #Write2Earn
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