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The #ETH/BTC 1D chart is showing promising signs with a double bottom forming at the 0.0383 level, indicating strong support. The price has rejected this level again, suggesting a potential reversal if it holds. Although the descending trendline remains intact, the solid base and bounce from this key zone could lead to ETH making an attempt to break through resistance. Watch for a breakout around the 0.04 level as confirmation. Expect some volatilityâif ETH breaks above the trendline, it could generate upward momentum, potentially boosting the Altcoin Market. Let's see how this unfolds!
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$FIO next leg up soon Chart looking prime on 4hr and daily tf .. Just buy some and hold ..
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$BTC Bitcoin dips below $60K, sparking the largest exchange buying surge since 2022 !!!
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#Altscap AltsCap is showing a clear and bullish trend on the weekly chart. It recently broke out cleanly from the trendline and is now retesting that level on the weekly timeframe. At the same time, it's holding steady in the demand zone on the daily chart. There's no reason to be bearish right now, as long as it stays above the 500B zone, thereâs no need for concern. If it loses this level and bullish momentum fades, altcoins could face significant challenges, and the bull run may come to an end. However, as long as AltsCap holds this zone, the outlook remains positive for altcoins. If the retest is successful, AltsCap could potentially reach 780B in the coming weeks. Stay strong!
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$BTC Bitcoin had been performing well and progressing as expected, but recent geopolitical events and news developments have disrupted its momentum. We suspect this could be a manipulative move or a shakeout ahead of a potential rally. At present, Bitcoin is trading above a key demand zone and is trying to reclaim its exponential moving averages (EMAs) for an upward move. If the demand zone holds, Bitcoin could reach higher levels in the coming days. However, if the demand zone breaks, we might see Bitcoin retracing to the 53k level before the anticipated rally. We'll keep you informed of any major updates. Trade safely! #Bitcoinâ #BTCReboundsAfterFOMC #BTCUptober
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