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#Solana is now trading in a flag pattern on the daily time frame, and a strong uptrend is forming at the end of this pattern.
It seems that all these corrections and fluctuations are a preparation to start a stronger trend. Therefore, we wait for the price to return to the dynamic resistance and pay attention to how it reacts. If the failure is confirmed, we will see a good growth.
@Altcoin_Charts
#UMA is decreasing in a descending channel in the 4-hour time frame.
Maintaining the level of 2,330-2,410 dollars is very important for the price, but according to the pattern of two peaks formed in the chart, the price can decrease to the bottom of the channel according to the pattern. So, the first target is $2.100. Currently, this scenario is much more likely.
@Altcoin_Charts
#RSR has finally reached the level of demand. As you can see in the chart, this level supported the price well before.
The price is forming an ascending triangle pattern, and according to it, it is expected from the level of -$0.005360.
$0.004800 starts to continue to grow until the dynamic resistance of the pattern.
Maintaining the current level is very important.
@Altcoin_Charts
#Chiliz has made significant moves, and it is very important to check it.
The formation of an upward harmonic pattern caused the price to grow by about 80% and reach the resistance level of $0.1630-0.1680.
Then, the price reacted strongly to the resistance level and corrected more than 100%.
Now, the price has reached the support level of $0.0720-0.0670. If the current level is maintained, the price will grow. The trend is still bullish, and if the price falls from the current level, it will return to $0.0560. The general trend of the market is improving, and the bullish scenario is more likely.
@Altcoin_Charts
Bitcoin's🪙 volatility is a measurement of how much Bitcoin's price fluctuates, relative to the average price in a given time period. Volatility measures past performance of price and is used to predict how likely it is that the price will change dramatically. The higher the volatility – the riskier the asset.
With the reduction of volatility, the investment risk has now decreased.
@Altcoin_Charts
The bottom of the ascending channel in the 4-hour time frame could not support the price of #UNI, and the price has now reached the demand level.
The $8.220-$8.800 level is very important for the price, and if the selling pressure breaks it, we will see a deep fall in the price.
If the price maintains the current level, it will return to the specified resistance, and the upward trend will be maintained.
@Altcoin_Charts
After breaking the downward trend line, the price of #ARPA still failed to cross the resistance level.
The price is now moving between the resistance and support levels. Support $0.04450 and resistance $0.05000 - $0.05060.
According to breaking the trend line, there is a possibility of price growth up to the specified resistance.
If the price falls from the dynamic support, it will reach the support level.
@Altcoin_Charts
#FET is moving in an ascending channel in the daily time frame.
After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
@Altcoin_Charts
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Binance Big Breakout Signal
#KEY/USDT
Link : https://www.binance.com/en/trade/KEY_USDT?type=spot
#KEY chart bottomed out over the last few days and formed a strong accumulation support for a next leg up.
Targets
1st : $0.007200
2nd : $0.007900
3rd : $0.010500
Exchange #Binance
@Altcoin_Charts
Members, we are posting the Binance Big Breakout Signal here anytime between 3 - 4 PM UTC
The market is showing some extremely bullish signs today for our Big Breakout Signal 🔥🔥
🚀🚀 Be ready on Binance Exchange (Spot) with USDT
📌🔔 Stay Tuned to our Channel to not miss out!
@Altcoin_Charts
The price of #DOGE is now facing the demand level of $0.11200-0.11500. If this level is broken, the correction will continue.
Therefore, as long as the price is still below $0.16, the closest target to it can be the $0.095 area.
Due to the fact that Dogecoin moves in a downward channel, it is more likely that the price will fall to the bottom of the channel. But if the price can maintain the current level and return to the ceiling of the channel, it can break the dynamic resistance and return to the level of $0.170-0.176.
@Altcoin_Charts
#NEAR has completed the modification stage. The trend is still upward.
The price has broken the upward trend line and returned to the demand level of 4.9$-4.3$. It's expected this level will support the price this time and price retest the trend line.
Everything depends on the general trend of the market. Altcoins follow the fluctuations of Bitcoin. Regarding this currency, it seems that the correction process is over, and the price can return to $8 . The current level should be maintained.
@Altcoin_Charts
The price of #WOO moving in an ascending channel in the daily time frame.
The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
@Altcoin_Charts
On June 25, Bitcoin price briefly dipped below $60k, hitting as low as $58.9k. A few factors for this decline include:
⚫ Mt. Gox Distribution
Mt. Gox announced plans to start distributing 143k BTC to its creditors, creating significant selling pressure and causing market panic.
⚫Miner Sales
In June, miner sales reached a yearly high. Miners sold about 30k BTC worth $1.8bn in the first three weeks of the month.
⚫ Large ETF Outflows
Since June 15, Bitcoin ETFs have seen over $1bn in outflows. ETFs experienced outflows for seven consecutive trading days, and this trend is expected to continue.
⚫Sales by the German Government
Last week, the German Government transferred a total of 1,700 BTC to Coinbase, Bitstamp, and Kraken. Today, they transferred a total of 400 BTC to Coinbase and Kraken, worth about $24.34m.
🤝 @Cryptocurrency_Inside ✅
More News on X
#UNFI has returned to the resistance level of $4.8-$5.9.
The price should break out of the descending channel and trade above $6.660 level to start another uptrend.
If this time the price reacts to this level and can not cross it and break out the dynamic support, it will drop to the support level of $2.5 -$3.0 .
@Altcoin_Charts
The price of #REN has returned to its historical price floor of 4 years.
The 0.04000-0.04400 level has been able to support the price well for the last year or so, and now the price is reacting to it again. Therefore, maintaining the current level is very important.
It is expected that the price will return to the specified dynamic resistance, and then we will move according to its reaction.
@Altcoin_Charts
#BinanceCoin🔸 has reached the level of demand. And it is out of resistance and pattern. .
It seems that the price has collected a lot of liquidity at the level of $550.0-$560.0 . The correction process has also been slowed. Breaking and exiting of the pattern is also a sign of the continuation of the upward trend. Therefore, the first scenario of price growth to the very important resistance level is $635 -$660 .
@Altcoin_Charts
#GAL fell sharply from the support level of $3.15-$3.0 and reached the bottom of the descending channel.
It seems that the correction process will end soon, but the price needs some time to rest and accumulate liquidity.
If the current level is maintained, the price will return to the broken support.
Breaking the bottom of the channel and the current level will push the price towards $1.650.
@Altcoin_Charts
#Bitcoin🪙 price dropped to $58,520 and returned to the descending channel before reaching the support level.
The descending channel is still valid, and if the price can break it upwards, it is a sign of the resumption of the ascent towards the resistance level of $72,000-74,000. Otherwise, the price will decrease to the support level of $57500-$56200 .
@Altcoin_Charts
#EDU is correcting a great bullish move. The price has reached an important demand level.
In the first step, the price must cross the dynamic resistance and then continue the upward trend.
If the price is traded below the level of $0.5360-$0.5587 , the continuation of the downward trend is more likely.
@Altcoin_Charts
#AXS is testing a supply level that can continue to grow until the next supply level by successfully passing this level.
If $AXS manages to break the supply level of $6.500-$6.300 in the daily chart and close above it, it will show an upward confirmation, which indicates the continuation of the upward movement towards the target resistance zone.
If the price fails to break through the current resistance level, there may be a potential return to lower levels, and the price can fall to the demand area of $5.400.
@Altcoin_Charts
#DENT fell to the demand area of $0.000880-0.000950 while maintaining the resistance ranges.
The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
@Altcoin_Charts
#KEY is headed for a next big breakout. Technically and fundamentally #KEY is super bullish right now to moon 🚀
@Altcoin_Charts
#Bitcoin’s🪙 price has experienced mounting sell-side pressure, causing it to shed more than 5.5% over the last seven days and setting a six-week low at $58,400 on June 25.
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
@Altcoin_Charts
The price of #RLC has reached the support level of $1.900-$2.020 .
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
@Altcoin_Charts
#Zcash has almost reached its historic bottom. The descending channel in which the price is still moving in that after more than 2 years.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
@Altcoin_Charts
In the daily time frame, the price of #MKR🟩 has left the ascending channel. After the breakout, the price again returned to the dynamic support of the channel.
The price has now dropped to the support level of $2,250-$2,050. Although the price has left the ascending channel, it is an upward trend as long as it trades above the current level.
If the price decreases from the current level, the trend will change. 🔻
If the price returns to the dynamic resistance and can cross it, the upward trend will continue.🔺
@Altcoin_Charts
According to the downward pattern formed on the chart and the previous analysis, the price of #BCH decreased by about 20%.
The formation of an excellent and valid example of the double top pattern, which is a return pattern and indicates that the upward trend will change to a downward trend in the $BCH chart, in the first step, caused the price to drop to $400.0, which was actually the main target, but The bearish trend continued strongly and the price dropped to the important demand level of $340.0-350.0, ( this level is very important in the daily and 4-hour time frame ) , then strongly returned from that area.
Probably, the price will have a little fluctuation in this area, and then it will move towards important resistances.
@Altcoin_Charts