BETA Analysis :
BETA is been consolidating in a range between the support zone of $0.0735 - $0.0749 and Resistance around $0.0837 - $0.0891. This time we've to wait for the price to break either side, to make a potential setup.
Price is now testing the downward line of the bull flag. If the price breaks below this line then we see a heavy dump in BNB. Keep an eye on the bear flag trendline. Don't open any long positions here and wait for sometime.
Читать полностью…GAL analysis:
Price is now moving toward the support of $1.10-$1.15 area. There is a downtrend line which works as a resistance level. The resistance is $1.30-$1.35 area.
Price bounced from the support area and was also able to break the small downtrend line. Price is now retesting the downtrend line and if able to hold above this then we see an upward move. The next resistance is the $1920-$1940 area.
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DXY analysis:
Dollar Index (DXY) is trading in a downtrend channel. The price is now near the resistance line and we expect a rejection from there. The support is 100.50-100.68 area and if DXY drops to this level then we see a good move in Bitcoin and other markets. If DXY breaks above the 102.50-102.65 area then we see a downtrend in BTC and all global markets.
EGLD analysis:
Price bounced from the support of $30.50-$31 area. The local resistance is $32.89-$33.50 area and the price is rejected from there. The major resistance is the $37.10-$38 area. You can open long positions near the support area with tight stop loss.
ENJ is unable to break above the resistance area and the price is rejected from there. The next support is the $0.24-$0.26 area and we may see a slow move toward this support area. Better to wait for some time for opening new positions.
Читать полностью…FIO achieved first target and made a high of $0.02430. That is more than 13% profit from our entry. Hoping you booked some profit.
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COTI bounced from the support level as expected. Price pumped hard and give more than 35% peak profit from our entry. Price is now trading near the resistance area and you can book some profit here. Hold the rest of the position with trailing stop loss.
Читать полностью…Bitcoin continues the sideways movement and the volume is also dropping. There is no volatility in BTC and this thing becomes irritating now. A big move is on the verge but don't know when it hit. Be prepared for every move.
Читать полностью…UMA analysis:
Price is now trading between the support and resistance area. The support is $1.45-$1.50 area and the resistance is $1.69-$1.76 area. A break above the $1.76 resistance level will send the price toward the $2.10-$2.20 resistance area. Wait for a break above the resistance for new entries.
DOGE broke the support level and now retesting it. If you have any long positions then you can close them or have tight stop loss. We may see a downward movement toward the $0.069-$0.07 support area in the coming days.
Читать полностью…ROSE analysis:
ROSE broke the middle support area of the trading range and now trading below it. The major support is $0.0417-$0.0431 area and this is the zone for new entries. The resistance is $0.0487-$0.050 area and we may see a test of this zone and you can open a small short position near this zone with tight stop loss.
Following a strong start in 2023, the quarterly and monthly price momentum has subsided. This pattern mirrors past cycles, where a robust initial rebound gives way to a prolonged phase of uneven consolidation. This stage is commonly labeled the re-accumulation period by Bitcoin experts.
Читать полностью…Bitcoin is trading near the $29,500 level but seems there is not much interest from buyers. There is no movement in BTC even after the CPI data. Let's see how the price reacts in the next 1-2 days.
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Bitcoin is now retesting the $29,500 level and needs to hold above it. If the price is able to hold above this level then we see some upward movement in the whole crypto market. Let's see how BTC moves from here.
Читать полностью…API3 analysis:
Price is trading in a long falling wedge pattern. API3 was rejected from the resistance trendline and the price is now moving toward the support of the $0.85-$0.87 area. This is the zone for new entries. A break and daily candle close above the $1.45-$1.50 resistance area is bullish and break the falling wedge pattern.
Finally, BTC gave a breakout above the trading range. Price is now trading above $29,500 and this is a good sign. We may see some positive movement in the market if Bitcoin is able to hold above the $29,500 level.
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FIO BTC pair also achieved first target. Price made a high of 83, that is more than 13% profit from our entry. Our team is working hard to find good trading setups no matter what is the condition of market. Pin our channel on top to never miss a signal and share it with your friends and family.
Читать полностью…Still, no movement in BTC and the price is trading in the range. Price is moving toward the resistance of $29,500 and let's see if able to go above it. Altcoins are giving mixed signals and not much movement now.
Читать полностью…SKL analysis:
Price is trading in an uptrend and respecting the support and resistance level. The support is $0.0258-$0.0262 area and possible zone for new long positions. The resistance is $0.029-$0.030 area and a break above $0.030 level is extremely bullish.
BNB tested the bear flag trendline and bounced from there. Still, the structure is bearish and we expect a break in a downward direction. Don't open big long positions and use a tight stop loss. The bear flag invalidates after a break above the $270 level.
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SHIB bounced from the support level and reached the major resistance of 1000 area. Price is rejected from there and unable to close the daily candle above it. The support is 905-915 level and we may see a test of this area. Hold your long positions with trailing stop loss.
Читать полностью…Nothing has changed in the market yet. BTC is holding the $29,000 level and hovering around it. We may see some movement on Monday when global markets open.
Читать полностью…FIL analysis:
Price breaks the support area and also breaks the trend line. The next support is $3.65-$3.75 and we may see a test of this level before the next level up. You can place your buy orders in this zone and wait.