#MATIC shows descending channel on 3-days timeframe🧐
Breakout from channel could spur bull run📈
First target price if breakout occurs is around 1.50🎯
#USDT.D is testing support zone below a descending triangle pattern, with Ichimoku indicator suggesting a bearish trend🔻
A successful retest here would reinforce the bearish outlook, which could indicate a bullish setup for the crypto market given the inverse relationship between the two📝
#CYBER broke out of a triangle pattern with high volume👀
Further bullish continuation anticipated either now or after another retest📈
#BTC
Bitcoin broke below key support levels, but is currently holding above the 100 moving average🤔
A move back above the channel support would signal a resumption of the uptrend, while breaking the horizontal support could confirm further losses📝
#BTC.D
Bitcoin dominance shows rising wedge breakdown and bearish RSI divergence, signals weakening Bitcoin strength🫠
Altcoins breaking above multi-year downtrend resistance levels points to altseason emerging🤔
Expect solid recovery in altcoin prices in coming weeks as money flows out of Bitcoin📝
#BTC
Price showed a bearish divergence after failing to break above $47,000 resistance👀
It has now pulled back to the key support zone around $42,000, where rejection could see further downside📉
The market structure has turned bearish, so caution is warranted on new trades☝️
#LUNC
The descending channel breakout on $LUNC chart, will signal potential uptrend🧐
Pattern target at $0.000155, representing 30% upside potential🔺
#APT is broke a downtrend, with bulls trying to establish support around 8.00📈
There is potential for further upside if this area holds, with resistance at 10.90, 14.20 and 20.00🎯
#BTC
Price has repeatedly tested and rejected a resistance zone, showing bullish sentiment🧐
Additional positive factors like ETF approvals contribute to price stability above the resistance zone, potentially enabling a broader crypto market rally✈️
#BNB
Binance Coin has broken out of a 21-month symmetrical triangle pattern, signaling a potential trend reversal🧐
After reaching a 7-month high of $338 in October, $BNB has corrected to around $300 but could now rally to $400 and higher on the back of an expected Bitcoin ETF approval by the SEC📝
Key support levels are at $285 and $270🔺
#ETH
The price is consolidating between support at 2130 and resistance at 2400, while continuing to test the key 2300 level👀
This indicates a struggle between buyers trying to break above 2300 and bears trying to hold below it🧐
Overall suggests the price may eventually break out upwards given the bullish fundamentals and trend📈
#MASK
We have a breakout from the symmetrical triangle, with midterm potential to reach $20✈️
#AXS bounced upward from a key support area👀
Now price showing signs of recovering from a recent drop, with potential to continue moving upwards📈
#ETH
January historically sees strong Ethereum price gains📆
Approval of the first Bitcoin ETF could spur similar filings for Ethereum ETF products, adding buying pressure📝
Ether has underperformed Bitcoin recently from a technical perspective, suggesting room for catch-up moves🧐
Upcoming network changes like the Shanghai upgrade aim to improve Ethereum speed, costs and scalability☝️
#TFUEL
Price shows a falling wedge breakout that has confirmed💁♂️
If resistance of the parallel channel breaks, a rally to $0.40 may happen✈️
Top 10 Bitcoin ETFs by trading volume! (over 3 days)
1️⃣ Grayscale: $5,174 Million
2️⃣ iShares: $1,997 Million
3️⃣ Fidelity: $1,479 Million
4️⃣ Bitwise: $259 Million
5️⃣ ARK 21Shares: $568 Million
6️⃣ Vaneck: $51 Million
7️⃣ Invesco: $129 Million
8️⃣ Franklin: $88 Million
9️⃣ Valkyrie: $15 Million
🔟 WisdomTree: $12 Million
Total Volume: $9773 Million
#INJ
Injective Protocol may see significant price increase like previous pattern🤔
If a breakout repeats, estimate 60%+ price gain📈
#SOL is awaiting a bullish pennant breakout on the 6-hour timeframe💁♂️
If this breakout occurs, expects a massive bullish wave with potential for over 30% profit✈️
#DOGE
Dogecoin is consolidating sideways in a pennant formation indicating potential bullish breakout👀
A successful breakout above the pennant can lead to 45-50% rally from current levels✈️
Based on the latest report (2-9.01.2024), CME institutionals are still fully in long positions and they keep increasing them. Nothing has changed.
#BTC
#MATIC is found support around $0.73 and after recent Ethereum price increases🧐
Token is now trading higher above that support level, increasing chances of further upside with short-term targets around previous levels📝
#BAND is testing upper border of a descending channel on the weekly chart, hoping for a bounce higher🔺
Читать полностью…#ETH/USD
On Ethereum we have Cup & handle pattern inside the Ascending triangle🔍
Wait for solid breakout after consolidation near resistance👨💻
#BTC price has regained ground above $45,000 ahead of the imminent SEC approval of spot Bitcoin ETFs this week📈
Technical indicators show Bitcoin is in the bulls' hands and may close the gap to $50,000 soon🧐
#BTC.D is trending within an ascending channel, recently bounced off support but now facing resistance at the Ichimoku cloud and middle line🧐
A rejection and decline in $BTC dominance, especially if Bitcoin remains stable, could signal a bullish outlook for altcoins🤓
#XRP
Price range of $3-7 in 2024 is possible due to potential breakout from 6-year downtrend🧐
Ripple planning IPO amidst SEC lawsuit signals robust future and leadership in CBDCs and payments☝️
Technical analysis shows possibility of bullish hammer formation but external factors like SEC news may cause setbacks📝