549843
We provide only technical based charts here for alts coins as well as btc We believe in charts and TA. Not an Investment Advice Do your Own RESEARCH always
Let's take an overview of #Bitcoin🪙 momentums in the last two weeks:
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
The price of #PEOPLE easily crossed the support level of $0.09700 - $0.10050. Now, this level has become a resistance.
After breaking the support, the price is now retesting that area. If the market trend continues downward in the coming week, the next target, which is the $0.04400 area, can be easily reached.
Trend is bearish in the 4-hour time frame, but it's still bullish in the higher time frame. If the price is maintained above $0.07400, the price will be returned to the previous top.
An ascending channel has formed in the daily time frame in the #OCEAN price chart.
Recently, the price has completed an ascending harmonic pattern, and the price has reached the bottom of the ascending channel, then reacted to it.
If the price is still supported by the bottom of the channel, the price will grow according to the pattern and will reach the top of the channel after breaking the dynamic resistance.
Break under the channel could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines.
#Arbitrum🏧has broken the ascending channel in the daily time frame.
$ARB price has dropped to the very important demand level of $0.7350-$0.7850. As you see in the chart, the price supported from this area before very well, and it grew more than 150%, so there is a possibility of support again.
Bearish candles are still strong, and if the price reaches below the current level, it means that the decline will continue and the possibility of the price moving towards the last available support, the $0.5000-$0.5300 area, will increase.
Altcoin prices can benefit indirectly
When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.
The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.
The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including #SOL , #ADA , #MATIC
projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.
#Binance🔸 has completed the integration of Tether (#USDT) on the #Toncoin Network today, allowing for deposits and withdrawals.
Читать полностью…
As you can see in the chart, the price of #UNFI has fluctuated a lot recently, and whales are pumping and dumping the price .
The price moves in a downward channel. The $2.500-$3.000 level is considered a very important demand area and still has the potential to support the price. Recently, a resistance area has been formed in the range of $4.800-$5.900 , and if the price can cross it and stabilize above it, it means that the upward trend has resumed.
If the specified support level is violated and the price falls below it, we will wait for prices lower than the price, and the bullish scenario will be invalidated.
Total crypto market cap may rebound from resistance .
Successful bounce from this level lead to bullish continuation , However, If this level is not broken, pushing the market towards $1.85 trillion.
The chart of this index has a very upward trend line.
The total market cap depicts the total value of #Bitcoin🪙, #altcoins, #stablecoins, tokens, and all other crypto assets on the market combined. This metric is deemed important by many, as it indicates the size of the industry as a whole. Due to the relatively high volatility of the cryptocurrency markets, the values tend to shift around quite a bit
#KLAY🚩 price has returned to the demand area from which it was previously pumped by more than 50%.
As the price reached the resistance level of $0.2600 - $0.2700, the price started to decline and exactly returned to the area of $0.1600 - $0.1500, this area has already supported the price well. Therefore, the possibility of re-support is very high.
If the current level is violated and the price drops below the support level, the situation will become more critical and the possibility of further price reduction and reaching the level of $0.1200 will increase. This level is almost the price floor of this currency.
#XVG is seriously bullish 🚀 It continues to fly to the next level with each accumulation.
Buy in dip
The price is moving in an ascending channel in the daily time frame.
After reaching the ceiling of the channel and the price area of $0.0700, #ANKR started to decrease, and we see more than 50% correction. Now, the price has reached the bottom of the ascending channel. Strong bearish candles have formed in the chart, which shows the strength of the sellers.
We expect price will be support from these areas, and after a little rest, it will start to grow and continue to grow again until the top of the channel.
#MATIC🟣 has decreased by more than 50% from the price ceiling it recorded in 2024.
The price has now reached the demand zone of $0.4930 - $0.5190 and the downtrend remains strong on the daily time frame.
Historical data shows that #MATIC tends to return to the top after reaching this strong support level, but according to the current market trend, we cannot expect a quick return for now.
If the daily candle closes below the support zone, the bearish scenario will continue and the decline will be deeper
#SXP's price broken the support levels very strongly and quickly one after another, and now these levels become resistant for the price.
The price has reached the bottom of the descending channel formed in the daily time frame. The downward trend is still strong, but the volatility is expected to decrease a little, and the price will see a correction.
The level where the price is now is very important, and it can once again support the price well. In fact, the price is now moving almost in the areas of its historical price floor.
In the last few days, the price kept above the support level of $66700-$65900 , but finally, this weak level was broken.
The possibility of price reduction to the area of 61500 is increasing.
#Bitcoin🪙 is only pumped and dumped, but the price of altcoins has decreased drastically. Fear to buy is increasing. But the whales are slowly filling their shopping basket.
"Hey, welcome ,
It's a brand new week
crypto enthusiasts! This is your chance to set new goals, make strategic moves, and accelerate towards your dreams. Remember, success in crypto is about resilience, learning from every experience, and staying committed to your vision.
Let's kick off this week with determination and enthusiasm, knowing that every step forward brings us closer to our goals. Together, we'll navigate the challenges and celebrate the victories. Here's to a productive and rewarding week ahead!🚀
The price of #AR decreased by more than 30% and reached the specified areas and has reacted to these areas.
The price recently broke the dynamic resistance and is testing it again. If the price continues above the current level and reaches above $29.830, it will resume its upward trend and try to retest the resistance level of $44.500 - $49.500. .
If the price falls below the specified level, the double top pattern in the chart will be completed, and the possibility of a decrease to $14.5 will increase.
#1INCH🦄 has left the upward channel, but its trend is still upward.
The price strongly reacts to the specified support and resistance levels. If the price of Bitcoin decreases to $60k , $1INCH will also fall to the support level of 0.3180-0.3300 .
The probability of reaching the specified level is very high because this level is a strong demand area that has accumulated with a lot of liquidity.
The price of #UNI🦄 reached the previous ceiling and decreased again by 20%.
$UNI has good potential and has made significant moves recently. The price has now reached the bottom of the ascending channel, so in addition to the support level indicated in the chart, the bottom of the channel will also be strong support for the price.
The price is expected to act as before and rise again to retest the minor resistance area at $11.930. If the price can reach that area again, it will probably break it and move towards the next resistance.
If the price drops below the support level, the bullish scenario will be completely violated. Therefore, keeping the price above this level is very important.
The price of #PEPE , along with a dynamic resistance, is correcting a very upward trend.
The price has exited the very upward channel. The possibility of returning and continuing correction until the price reaches the demand area of $0.0000080 - $0.00000890 is very high. If the price can keep itself above this level, there is a possibility of starting another bullish step.
If the price falls below the specified area, we may see a big dump.
Contrary to the general situation of the market, #SFP has not decreased much and is still moving in its upward trend.
The price is moving between resistance and support areas and has reacted to these areas until now. The ascending channel has been broken, and its support has been tested again, so the price will probably decrease to the support level of $0.6100. Until the support level is broken, the trend is still bullish.
The price of #TRB reacts well to the top and bottom of the descending channel that is part of a bullish flag pattern.
The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110.
The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
Stablecoin transfer volume increased 16x during past 4 years
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry.🚀
The price of #CFX is moving between strong resistance and support areas in the daily time frame.
After reaching the resistance area of $0.5500-0.4850, the price reacted strongly to it and started to decrease (more than 70% ).
Bearish candles are still strong, so the power is still in the hands of the sellers. If the price can break the dynamic resistance that has been reduced every time after reaching it, it can start to return to the resistance level, otherwise the price will move towards the important demand area of $0.1100-0.0950.
Binance Bullish Signal
#XVG/USDT ( Spot )
Link : https://www.binance.com/en/trade/XVG_USDT?type=spot
A significant bullish trend is starting now 🚀 In the past, #XVG has experienced surges of over 100% following similar accumulation phases.
Exchange #Binance
#COTI has returned to its original support level. A level that if broken, the long-term trend will be downward.
In the daily time frame, all these successive declines can be considered corrections of an upward trend so far. But the trend will change if the price drops below the $0.08 level. Therefore, it is very important that the price continues to trade above this level to maintain the uptrend.
Beware of Scam Projects ❗️
In recent times, numerous channels have been promoting dubious projects, often leading unsuspecting investors into scams. It's crucial to exercise caution and only invest in projects listed on reputable exchanges. Pay attention to the following when investing in any project :
1 / Credibility and Trustworthiness.
2 / Regulatory Compliance.
3 / Liquidity and Market Depth.
4 / Security Measures.
5 / Transparency and Accountability.
The allure of quick profits may be tempting. It's essential to prioritize safety and security when investing in cryptocurrency projects. Always conduct thorough research and stick to projects listed on reputable exchanges to mitigate the risk of falling victim to scams.🚀
In the past 24 hours , 179,147 traders were liquidated , the total liquidations comes in at $464.24 million
The largest single liquidation order happened on #Binance🔸 - #ETHUSDC⚪️ value $6.44M
If you're not on Kucoin yet then sign up now 🫶🏼 and get 20% discount on trading fees, plus unlock surprising benefits and rewards!
Our team is analysing Gems💎 on Kucoin for some serious gains 🚀
Don’t wait, Now is the best time!
📌 Pin our Channel on Top
#HIODBS was 100% up for more than 5 minutes
Everyone who bought in first 5 minutes earned huge profit
Thanks