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Bitcoin is able to break the bull flag but unable to break above the resistance area. We may see a good upward move if the price is able to break above the $31,000 resistance level. Let's see if BTC is able to break above the resistance level.
Читать полностью…Binance Announces New Functions For Bitcoin, ETH, XRP, SHIB, DOGE Auto Invest
https://bit.ly/3XuaiuG
DOT is unable to go above the resistance area and this looks like a rejection. The support is $4.70-$4.80 area and you can add more if the price comes to this level. We are still holding the long positions.
Читать полностью…KSM analysis:
Price broke the falling wedge pattern and now retesting it. KSM needs to hold the $24 support level and you can open a small long position here with tight stop loss. The next resistance is the $28.30-$29 area.
BOND continues the downtrend as expected. Still, there is no setup for new entries. We are waiting for a better setup for new long positions. If the price is able to break above $3.70 then we see some upward movement.
Читать полностью…Bitcoin was unable to break above the resistance area and was rejected from there. The local support is $29,500 level and if the price is unable to hold this level then we see a move toward a $28,200-$28,500 support area. We expect sideways movement for some time before the next move.
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As expected price moved up toward the $0.59 resistance area and was able to break above it. The long position gives more than 50% profit on spot trading from our entry. You can book some profit and increase your stop loss near the $0.59 level. If the price is able to break and close above the $0.65 level then we see more upward movement in KNC.
Читать полностью…Bitcoin is again trying to break the resistance area. The Bulls are trying hard to not lose this time. A break and daily candle close above this resistance area is bullish and will bring another pump in BTC. If the price stables here for 2-3 days then we see a good move in altcoins.
Читать полностью…The #Bitcoin monthly Transfer Volume has overtaken the yearly averaged baseline for the first time since the LUNA implosion.
This suggests an expansion in on-chain activity, typical of improving network fundamentals, and growing network utilization.
Breaking: BlackRock, Ripple, Nasdaq Among 363 Sales Parties Interested In FTX 2.0
https://bit.ly/44iJi3E
Crypto exchange Binance has been ordered by Belgium’s Financial Services and Markets Authority (FSMA) to cease providing any crypto exchange and custody wallet services in the country. The Belgian financial regulator stressed that it “takes the view that by offering such services in Belgium from countries that are not members of the European Economic Area, Binance is in violation of that prohibition.”
Читать полностью…UNFI analysis:
Price is heading toward the resistance of $3.88-$4.00 area. This is the zone for profit booking if you have any long position open. The local support is $3.40 and major support is $3.00 area.
The TOTAL marketcap is trying to break the resistance area but rejected multiple times. If price rejects from here then we see a move toward $1 Trillion support area. Market is now at resistance area.
Читать полностью…ONT analysis:
The price is now breaking out of the $0.30 resistance area. If the daily candle close above this resistance level then we see a move toward the $0.30 major resistance area. You can open a long position near the support level with tight stop loss.
The BTC balance on exchanges is in downtrend since Covid drop. The balance is reached to the peak of 2017 bull run levels. The drop is because of exchange crackdown and hacks in recent years.
Читать полностью…There is a bull flag formed on a 4-hour chart. The bull flag is a bullish pattern and usually breaks in an upward direction. We may see a breakout of the pattern by the weekend.
Читать полностью…Crypto Investment Products See Largest Weekly Inflow Since July 2022, Bitcoin (BTC) Has the Lions Share
https://bit.ly/43Ye81C
ETH is unable to go above the $1930 local resistance area. Price tried multiple times to break above the resistance area and the wicks showed price rejection. The support is $1800 level and possible zone for new long entries.
Читать полностью…DUSK analysis:
The price bounced from the daily support area of $0.095-$0.099 area. DUSK now breaks the $0.13 resistance area and retests it. You can try a small long position here with tight stop loss. The next resistance is the $0.15-$0.153 area.
The TOTAL crypto marketcap is now testing the $1.15-$1.17 Trillion resistance area. We may see continuation of the upward movement if price able to break above this resistance level. A rejection from here will send the price toward $1 Trillion support area.
Читать полностью…DOT is testing the resistance of the $5.10-$5.25 area. A break above $5.25 is bullish and pushes the price towards $5.85-$6.05 resistance. If you have long positions then increase the stop loss and hold the trades.
Читать полностью…BOND analysis:
Price gets a hard rejection from the resistance area. The local support is $3.20-$3.25 area and good support is $2.65-$2.85 area. Still, there is no strength shown by the price. Better to wait for new entries.
TRX bounced from the support area and reached the resistance area. If you have opened long positions then increase your stop loss to buying price and hold this trade. A break above the $0.075 resistance is bullish and pushes the price toward the $0.082 area.
Читать полностью…FLUX break the resistance area of $0.476 and now retesting it. You can open a small long position here with tight stop loss. The next resistance is the $0.50-$0.51 area.
Читать полностью…Bitcoin tried to break above the resistance area but the wick showed stop loss hunting and liquidations. Wait for a clear breakout above the resistance area for more upward movement. If the price rejects from here then we see a move toward a $28,500 support area.
Читать полностью…The U.S. SEC has granted approval for the first of the inaugural leveraged #Bitcoin futures ETF in the United States.
Читать полностью…The TOTAL2 (altcoin marketcap) kissed the support level and bounced from there. Price also broke the $540-$545 Billion resistance area and now holding above it. The next major resistance is the $595-$615 Billion area and if the Altcoin marketcap broke above this resistance then we see a good rally.
Читать полностью…