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🚀 Only 3 DAYS left for KuCoin Biggest Pump 🚀
Let’s get ready for the next skyrocketing signal 👍👍 🔥🔥
16th August 🕓 4 PM UTC
KuCoin Exchange (Spot)
USDT Pair
#BitcoinCash has seen an unsuccessful breakout of the bearish channel on the daily time frame, followed by a sharp price drop.
#BCH dropped for the second time to the demand level of $285.0-295.0 and then recovered.
Now, with the price reaching the ceiling of the descending channel, there is a possibility of crossing the $400.0 resistance.
But if this time the price cannot cross the dynamic resistance, we will see a fall back to the support level.
#APT is still moving in a bearish wedge pattern and has broken the $6.20-$6.70 support level.
Now the price has formed a double peak pattern, the dynamic and static support has been broken, but the downward trend is slowing down.
If the price succeeds in breaking both the dynamic resistance and the resistance level, which was previously a support, we can expect a re-growth to the resistance level of $10-11.
#LITUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal.
If #LIT gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $0.5. This level has consistently provided strong support and is rich with liquidity.
Should #LITUSDT fail to bounce back from the $0.5 support, our eyes will be on the next critical level at $0.400 . Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
But remember, if #LIT breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
#PEOPLEUSDT is forming an ascending triangle pattern. The dynamic resistance formed in the chart has not been broken so far, and after breaking it, the price can grow again to the level of $0.14000.
The $0.04400 support level is very important and the price should continue to trade above this level.
The resistance level of $0.07400 is still standing and the price must first cross the dynamic and static resistance to start the upward trend.
#Ethereum has so far moved well according to the previous scenario, the price reaching the bottom of the ascending channel, the support level of $1900-$2120, and the formation of a strong ascending harmonic pattern. All these factors and general market conditions caused the price to experience a return of about 20%.
If the price can easily cross the resistance of 2870.00-3030.00 dollars, it can grow to the ceiling of the channel and achieve the goal of ascending harmonic patterns.
After breaking the dynamic resistance and more than 50% growth, #ZENUSDT tested the dynamic resistance again.
During the recent decline, #ZEN approached the specified support level, but could not cross it.
Considering the good pullback that the price had to the downward resistance and the reduction of market fluctuations, we can expect the price to grow again.
#ENSUSDT hit the support of upward dynamics and had some return.
The resistance level of $27.50-$31.00 strongly hindered the price growth, and the price dropped more than 45% from that level.
Although the first dynamic support has been broken, the main support has supported the price well so far, and its break is far from expected.
The main scenario for #ENSUSDT is to grow again to the resistance level and try to break it.
#QNTUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal. But what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.
Should QNT fail to bounce back from the $50.0 support, our eyes will be on the next critical level at $40.0. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
But remember, if #QNT breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
#TRBUSDT finally broke through the $65.00-70.60 support level and has now reached the $45.00 level.
Considering the current downward trend and price reduction to the historical demand area, we cannot expect much support now, but the price can rest a little in these areas and provide the necessary liquidity for growth again.
#STORJUSDT was preparing to break out of a bearish channel but ultimately failed to break out and fell to the $0.3500-$0.3200 support level.
If the current level is not maintained, the price can continue moving in the downward channel and reach the demand level of $0.2200.
If the price continues to trade above the support level, it may move upwards to retest the $0.6000 resistance level.
#BLZUSDT has again reached the important demand area of $0.1550-0.1450. The downward trend still seems strong, and there is a possibility of falling to the next zone.
The $0.1110 level is also an important demand area and is likely to fall to this level if the price can not support the current level.
After breaking the $0.1110 level, the level can be reached
Considered $0.0800.
If the price can break through the specified downward dynamic resistance, it will likely start a strong uptrend.
#CHRUSDT finally failed to break the resistance of $0.2700 and fell to the support level of $0.2200-0.2000.
The descending channel is still valid, and according to the current market trend, the price will probably fall to the bottom of the descending channel, at $0.1430.
If the current support level holds, the price will rise again to test the $0.2700 resistance.
Areas with high potential are marked in the chart.
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reached 0.007649$
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#Arbitrum continues its downward trend and has left the ascending channel that was formed in the daily time frame.
The downward trend line that the price continues to respect, and now after breaking the support level of $0.7350-$0.7850 , we can expect the price to continue decreasing to $0.5000 .
When the price can break the dynamic resistance and this failure is confirmed, the trend will change.
#JASMYUSDT is still sticking to the wedge pattern that was formed earlier and is now approaching its bottom.
In the chart, you can also see a double top pattern, if the price moves according to this pattern, it will drop to $0.01200.
Maintaining the support level of 0.01540 - 0.01400 means the continuation of the upward trend, if this level is broken and ^#JASMY leaves the wedge pattern, we will see a sharp drop in the price.
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16th August 🕓 4 PM UTC
KuCoin Exchange (Spot)
USDT Pair
In the daily time frame, #GALA is breaking and falling below the descending channel and retesting the demand level at $0.01400-0.01250.
The price is now almost at its historical bottom, and no other support level can be considered for it historically.
If the current level is broken, we will see a deeper price drop.
But if the current level can provide good support from the price, the previous peaks can be reached in the shortest possible time.
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Date : 16th August
Time : 4 PM UTC
Exchange : #KuCoin ( Spot )
Pair : USDT
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#HOOK is still moving in a wedge pattern and respects the marked lines well.
According to the previous scenario, the price started to decrease after reaching the resistance of the wedge pattern and reached $0.3500.
After reaching the dynamic support area, the price recovered well and has grown more than 40% so far.
If the strength of the bullish candles is maintained in this way, this time the price will leave the wedge pattern.
#Bitcoin recovered well and is now trading above $60,000.
The previous dynamic resistance has now turned into dynamic support and caused about 20 price reversals.
Now, the level of #62845.00 - #63920.00 is the first resistance to continue growth and reach 74 thousand dollars. At first, it is expected that the necessary liquidity will be provided for both specified resistances, and after a little rest and collecting the necessary liquidity, the price will continue to grow.
#LDO even broke out of the descending channel formed in the daily time frame and broke the support level of $1.380-$1.480.
After breaking the first support level, #LDOUSDT reached the main support level in the range of $0.870-0.930 and was well supported in this range.
The price has re-entered the descending channel and now the level of 1.380-1.480 dollars has become a resistance against the price growth. After breaking this level, the price will grow to the top of the channel in the first step.
The price of #MAGIC fell sharply from the support level of $0.4500 - $0.3850 that was previously identified.
The recent price fall was so deep and strong that the descending channel was broken also.
The probability of the price returning to the broken level and especially the channel is very high.
For now, we should wait for the reduction of fluctuations and stability of the market.
An ascending harmonic pattern has formed in the #Ethereum price chart in the time frame of the hole.
Finally, after a lot of resistance, the price dropped more than 25% from the support level of $2870-3030 and reached the bottom of the ascending channel.
Maintaining the current level is very important for the price because it is both the bottom of the ascending channel and the important demand level, if the price loses the current position it may fall to $1530.
The main scenario for now is price relaxation and reduced volatility.
#Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530.
The fall has been stronger than before, and the previous support level has also been broken. The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand.
In the current situation, it is better to stay away from trading and value your capital.
Currently, #GALA is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.01830 , which could lead to a significant bullish breakout if sustained momentum is achieved.
Should this occur, we could see #GALAUSDT challenging the descending resistance and aiming for the major supply area at $0.03200.
A breakthrough above this supply zone could trigger a substantial bullish rally, potentially pushing the price toward a strong resistance level. However, we must also consider the possibility of rejection at this supply area.
If #GALAfaces resistance here and loses momentum, we might witness a bullish rebound from the solid support at $0.01400.
Falling below this support could indicate a prolonged bearish trend, with $GALA continuing to trade within the descending channel.
#SXP is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout.
if #SXPUSDT taps into the critical demand level of $0.1950. Should the price maintain strong momentum here, we could see Price breaking through the descending resistance and targeting the major supply area at $0.3000 .
A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
However, falling below this level could signal a prolonged bearish trend, and #SXP will keep moving within a descending channel.
Currently, #C98 is compressed within a falling wedge pattern, a classic bullish reversal signal . It's the combination of increasing trading volume and improving macro market sentiment.
the price rejected at the upper trend line of the wedge, we see a retest of the major support zone around $0.1180 . This level has consistently provided strong support and is rich with liquidity.
But remember, if #C98 breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
#WOOUSDT dose a major breakout from its bullish channel on a daily timeframe . The price has consistently respected the trendlines within this formation, but recent developments suggest we could be on the verge of a significant move.
#WOO is currently testing the critical support zone of $0.1630, a crucial area brimming with liquidity. This zone could serve as a launchpad for a breakout above the descending resistance line, potentially marking a trend reversal and aligning with our bullish forecast.
A bounce from the major support zone at $0.1833 could ignite an upward rally. Watch for strong buying interest here.
If the liquidity at the major support zone isn't enough, we might see a move down to $0.110. A strong buying response at this level could still spark a bullish run for #WOO.
Currently, #TFUELUSDT is navigating a pivotal demand zone, hinting at a possible bullish surge. The token has been on a descending resistance trend, but recent price action within the $0.06300 -$0.05600 range shows promising momentum.
This zone is essential for sustaining any bullish movement. If price can hold its ground, we could see a push towards the significant resistance level at $0.08 .
But if TFUEL can't sustain above the Bullish Order Block at $0.05600 In that scenario, we should prepare for a retest of the lower support at $0.04000. A successful bounce here could set the stage for a strong bullish reversal, possibly leading to a breakout above this major support area.
However, caution is key. If price loses momentum and drops below the previous low, it would negate the bullish setup and potentially trigger a substantial price decline.