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Cryptoanaliysis

BTCUSDT CHART UPDATE !!The BTC/USDT chart on the 4H timeframe shows a symmetrical triangle pattern, with price action near the top. Bitcoin is currently testing the lower trendline, a key support level. A breakdown below this level could lead to a decline towards the green demand zone of around $92,000. On the other hand, if BTC manages to hold the support and bounce back, it could attempt another test of the upper resistance trendline. A decisive breakout in either direction will confirm the next trend. Keep an eye on increased volume to validate any breakout moves. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
by CryptoSanders9563
SOL/USDT 1DAY CHART UPDATE !! SOL/USDT price movement on the daily time frame. Here is an analysis based on the visual representation: A symmetrical triangle pattern formed over a long period (August to November). The price broke out of this triangle with strong bullish momentum, indicating a continuation of the uptrend. After the breakout, the price entered a parallel descending channel, indicating a consolidation or correction phase. The channel has well-defined support and resistance lines, with the price oscillating within boundaries. The chart suggests a breakout from the descending channel on the upside. A measured move from the channel width is anticipated to target the $300+ region, indicating a potential rally of around 50% from the breakout level. Current Support: Around $200 (near the breakout level of the descending channel). Immediate Resistance: Near $230 (previous high level and upper channel boundary). Long-term resistance: $300+ (price projection from measured moves). If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
Long
by CryptoSanders9563