Bitcoin is currently showing a small rising wedge on lower time frames. This is typically a bearish pattern and often breaks in a downward direction. It's important to note that support on the downside is in the $69,000-$70,000 area. If the price remains above this level, we can expect the upward trend to continue. To protect your positions, it's recommended to set tight stop-loss limits.
Price is now testing the major resistance area a break above this is bullish. Better to wait for a clear break and close above the resistance area for new entries.
WAXP has seen a rise in price after testing the support area. If you have opened long positions, we suggest that you increase your stop loss and hold. The long position has given more than an 18% profit since our entry. We are expecting the price to move towards the resistance area soon.
WAXP has seen a rise in price after testing the support area. If you have opened long positions, we suggest that you increase your stop loss and hold. The long position has given more than an 18% profit since our entry. We are expecting the price to move towards the resistance area soon.
The current price is in the process of testing a resistance area. It remains to be seen how the price will react in this area. If the price is rejected, it is likely to move towards the support area. It is advisable to wait for a clear breakout or a test of the support area before entering into new positions.
#MINA is been rejected off from the Major Resistance zone of $1.63 - $1.67 and currently, tapped it into the support zone of $1.48 - $1.49 and a bounce is expected with a trendline confluence. Overall, market is falling and need to wait for the candle close for any sort of buys.
#BNB just normally flipped above the Resistance zone with a Daily TF closure. In H4 TF price Rejecting the zone as support and open the potential gates for moving up. The next major resistance zone to look at will be $662 - $676 but there're minor one at $570. Take the zone and accordingly with proper risk.
#FET is been moved extremely multiple x from the bottom and still trending. Price broke the structural support area and going into the retracement phrase and might move lower a bit. Right now, price is middle of nowhere and its better to wait for the price to reach the proper zone for buys.
The price has broken above the resistance area and is currently attempting to maintain its position above it. If the candle closes above the resistance area, it will indicate a bullish trend and we can expect the upward movement to continue. You can consider opening a long position near the support area while keeping a tight stop loss.
Bitcoin is slowly approaching the $70,000 mark. If the price can close above $70,000, we could see a move towards the $75,000 level. The current support level is between $64,000-$65,000.
#HBAR is strongly rejected from the Major Support zone of $0.096 - $0.10 and broke the strcutural Resistance Zone and approaching the Major Resistance Zone of $0.152 - $0.158. Currently, price is expected to reach the support zone of $0.11 - $0.12 which can be our potential buy setups. Take the risk accordingly with proper stops and target towards resistance.
Price tried to break above the resistance area but was rejected from there. We may see a move towards the support area and this is the zone for new entries. A break above the resistance area will send the price towards the next resistance area.
#ALGO is been rejected/ sell-off from the major resistance zone of $0.28 - $0.29 and Approaching towards the structural Support area of $0.24 - $0.25. Potential buys can come from the support with loose stops else wait for the LTF structural shift.
Price is rejected from the resistance area. You can open long positions if the price comes near the support area. We may see a bounce from the support area.
Price tested the support area and immediately bounced from there, indicating a potential opportunity for opening long positions if the price drops towards the support area. We may see a test of the resistance area in the coming days.
#ZIL is been given a minor break on the daily TF but current daily candle immediately showing bearish pressure, which showing some sort of fake-out. The zone will act as major resistance again at $0.036. Nothing as of now, until price break the resistance again, and shorting will be risky at this point.
ETH broke the major resistance area and now trading above it. The next resistance is the $3950-$4000 area and we may see a test of this level. The support level remains the same.
Bitcoin has successfully reclaimed the $65,000 level and is currently trading above it. The market has absorbed the selling pressure, indicating a bullish sentiment. Altcoins have also fully recovered, suggesting a potential continuation of the upward movement.
#BTC kissed the #ATH and instantly dropped liquidating most traders out. Price also, dropped below the $60,000 clearing all the stops and rejected strongly from the Support Zone of $58,200 - $59,550. Price now again gaining the momentum and might gonna break the resistance too. Expected whole new #ATH very soon this week.