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🕶Just providing analyzes on regular basis. #Crypto #Alts 📲 @cyberdavid1 Not Financial Advice
💰 #BTC
Predicting a potential movement up to a resistance level followed by a decline to around $25300📉
💰 #BTC was rejected after a fakeout above the MA 200 and couldn't reach the descending trendline👀
Neutral sign from RSI suggest low market volume and uncertainty📊
Bullish confirmation depends on a volume bounce and descending resistance breakout☝️
💰 #XRP's recovery from recent lows could lead to a climb to $1🚀
Breaking the $0.546 resistance and descending trendline is crucial for continued upward movement📈
💰 #AVAX
Despite the downtrend, $AVAX holds popularity online and is currently within a historically strong support area💪
The oversold RSI indicates a potential opportunity for a reversal trade⬆️
💰 #SOL underwent a 36.8% correction from its peak at $32.13 to $21.39, with potential for further bearish momentum🔽
Possibility of prolonged downward trend until the two trendlines are intact, with potential downside to $16📉
💰 #BTC
Chart indicates a potential $BTC bottom at $23,300🧐
Multiple upward slanted trendlines are employed to provide a comprehensive perspective📝
💰 #ETH is in a bearish trend over recent weeks📉
The 0.786 fib level served as a resistance, pointing to a possible bear flag pattern🧐
A price drop is anticipated, potentially driving $ETH's value below $1100🎯
Caution is advised when trading in this market environment📝
💰 #XRP
Recent price rebound from resistance, have strong downward impulse below support, breaking 0.517 level👀
Possible bounce from support, potential rise to downward channel's resistance📈
💰 #BTC breaks 26700 support, strong bearish momentum, within bullish channel👀
Movement likely for cheaper asset purchase before rapid rise🤓
Support levels: 25000, 24820🔺
Resistance levels: 26700, 28475, 30575🔻
💰 #BTC is attempting to maintain support above a horizontal level, but with low volume📊
RSI indicates extreme oversold conditions and reveals hidden bullish divergence👀
Bulls require a strong volume candle close to regain strength and potentially reverse the trend📈
💰 #BTC
After breaking below $31,500-$29,700, $BTC price did not continue down much further, finding fair value zone around $29,500-$28,900🔺
BREAKING: SEC delays all Bitcoin ETF decision until 2024🥶
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💰 #APE
Price breaking descending wedge resistance and forming local parallel channel while $BTC tests support🤔
Key levels to watch: 1.835 and 1.990 (wedge resistance)👀
Bulls need to break one level to form liquidity and start strengthening/distribution after consolidation☝️
Expect growth to continue post-breakout with medium-term potential to 2.793 and 4.528📈
💰 #BTC
Price retesting above falling wedge, MA 50 and rejected from Ichimoku cloud🧐
Successful retest = bullish move🔺
Failed retest = further consolidation inside falling wedge🔻
#ID is in a falling wedge pattern, MA 50 acts as resistance💁♂️
RSI is in the neutral zone🔍
Bullish confirmation requires a solid wedge breakout🐂
A rejection could lead to more consolidation within the wedge🫠
Currently, #GOLD is near the 1945 support level within the seller zone inside the upward channel🧐
The target is set at the 1930 level, aligning with the channel's support line🎯
💰 #BTC
Grayscale's win against the SEC boosts price 🚀
$BTC's climb to $30,000 dependent on SEC's approval of spot Bitcoin ETFs☝️
BREAKING: Greyscale wins court case to convert GBTC into the first spot #Bitcoin ETF in the 🇺🇸 🚀
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💰 #PEPE coin experienced a steady correction with lower highs and lows🧐
The downfall created a falling channel pattern on the daily chart💁♂️
A bullish bounce from the lower trendline could set the stage for a 30% upswing📈
High demand pressure at the lower trendline indicates potential price support📊
The price could rise back to $0.00000180 level with an upper resistance breakout🚀
💰 #BTC
Pair up 1.7% to $26,400, recovering losses👀
Bitcoin's performance historically weak this summer🫠
RSI oversold after drop, potential for buyer interest🤔
Now price aims for $28,000🎯
Fed's policy decision and US equity gains influence $BTC surge📝
💰 #BTC forms ascending triangle on hourly chart💁♂️
RSI in neutral zone, showing balanced momentum📊
Market's near-term direction hinges on sustained breakout above triangle's upper boundary or breakdown below support trendline📝
💲#DXY
Now price in correction phase, nearing resistance and upper border of descending channel💁♂️
MA 100 acting as support👀
Monitoring for sell at 103.5 zone🔻
💰#ETH bullish since 2023 but failed to make new highs in July unlike $BTC, showing weakness🫠
As altcoin leader, $ETH weakness may signal more pain for alts😕
Anticipating move down to November 2022 low around $1000
🧾 Confidence in the Federal Reserve is at an all time low
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#OKB
OKX token broke supply zone in Feb, positioning in bullish territory since🔺
Focused on minor support around $47🔍
Upside target around $73🎯
💰 #BTC
We may never see prices at 28k again due to the bounce off this ascending channel👀
Target 48k to 1 Oct 2023🎯
💲 #DXY
Dollar Index moving within descending parallel channel💁♂️
Price bounced up from 0.996 support level formed by horizontal and channel supports
$DXY showing lower lows and lower highs sequence, indicating potential upward move in future📝
#GOLD
Price declined to $1925 support coinciding with wedge support🧐
We could fall further to support, then bounce to $1940 and break out📈