$BTC recently dropped below its support area, triggering stop losses. However, it quickly rebounded and is now trading above $60,000. This week is critical, as a weekly candle close above $60,000 is essential to sustain a bullish outlook.
$BTC has bounced from the $62,000 support level but without a strong reaction. There is a high possibility of breaking down this support. The next support level is around $58,500.
Disclaimer: This information is for educational purposes only and should not be considered financial advice.
$GRT mid-term setup shows a descending broadening wedge on the weekly timeframe, with a recent bounce off the bottom suggesting potential for a rally and breakout, aiming for TP1 - $0.3415, TP2 - $0.6445, and TP3 - $1.0200.
Please note this is not financial advice; trade at your own risk.
$NEAR is poised for a massive breakout after consolidating for 4 months in a downtrend, similar to the explosive moves seen with SUI and APT. Get ready for a potential rally! 🚀
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$LDO has reached a key demand zone on the weekly time frame. We anticipate a potential price increase from this level towards the highlighted resistance zone.
$ADA price was recently rejected from a key resistance zone and is now shaping a falling wedge pattern on the daily chart. A potential retest of this resistance area is likely, aligning with the wedge's resistance line. A long position should only be considered if the price successfully breaks above this resistance zone.
$SOL is nearing a key support level on the daily timeframe, making it a potential opportunity for long-term accumulation in the $120-$130 range. A bounce from this support area could lead to a movement towards the resistance zone between $160 and $165.
$BTC is currently trading within a symmetrical triangle pattern, hovering just above the support trendline. A clear breakout or breakdown from this triangle is necessary to determine the next direction for BTC.
$PEPE is currently trading near a key support level on the 4-hour chart. This level has historically acted as a strong buying opportunity, and we believe it's likely to do so again. If price can sustain above this level, we could see a significant upward move in the near future.
$MATIC has reclaimed a critical level and is currently retesting it. If you missed the opportunity to buy during the dip, you might consider opening a small long position with a tight stop loss. A potential bounce could push the price towards the next resistance zone, which lies between $0.747 and $0.787, while the support zone is between $0.50 and $0.53.
$NFP is breaking out of a triangle pattern, with potential long positions at the retest, targeting a move toward the major resistance area of $0.30-$0.317, while the support area lies between $0.25-$0.255.