Very interesting Elliott Wave structure...Luna 2.0 or Terra 2.0 is the new token that emerged from the hard fork of the Terra blockchain network. LUNA2 aimed to rescue the Terra Luna ecosystem following the collapse of the UST stablecoin in May 2022. Most of Terra's dApps and features migrated to the new chain.
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Cryptolevels
RNDR could breakout!!!!RNDR is at the supply zone if this will is flipped then its next target is $4.9625
Entry: closing of 4 hours above the supply zone
TP: 4.9625
SL: 4.119 if 4 4-hour candle closes below the demand zone which is currently a supply zone.
ADA Faces ☁️ & Downside Risks in the Next 7 Days Despite Cardano leading in code commits over the past year, surpassing Ethereum, Polkadot, and the BNB network, the current scenario appears grim.
Daily active addresses on Cardano have recently plummeted, accompanied by a decline in daily transactions on the network.
ATTMO predicts overcast conditions ☁️ and a bearish trend for Cardano CRYPTOCAP:ADA in the upcoming 24 hours.
The likelihood of this trend persisting for the next 3 & 7 days suggests an extended downside potential for the coin.
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SOLUSDTSOLUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 126.
What you guys think of this idea?
Crypto Forecast: BTC 24-Hr ☀️ Upside; ☁️ Next WeekThe cryptocurrency trend was positive over the past 24 hours buoyed by investors’ attraction to the 10 spot Bitcoin exchange traded funds (ETFs) approved last week.
The price of Bitcoin put on 0.2 percent over the past 24 hours to roughly 42,800 dollars. Its price has dropped nearly 7 percent over the past seven days.
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with Bitcoin, Ether and Cardano likely to move higher while Ripple’s XRP and Polkadot may face downward pressure.
Over a one-week horizon, both Bitcoin and Ether are likely to move lower just as Cardano and Avalanche. XRP, Binance Coin and Dogecoin on the contrary have upside potential, ATTMO shows.
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BNB's🌞 🐂 24-hr outlook; What About the rest of the market? 🤔Bearish clouds ☁️ linger over the global crypto market in the next 24 hours and week, likely to put pressure on crypto coins such as Bitcoin and Ether.
However, Binance Coin, Dogecoin, and Chainlink defy this negative trend, suggesting upside potential in the near and medium term. 🌞
Binance Thailand’s joint venture with Gulf Energy Development’s unit Gulf Innova, resulting in a regulated and licensed crypto exchange, is now operational in Thailand.
“Thailand is one of the leaders of crypto adoption in Southeast Asia & #Binance TH is excited to be part of the Thai digital asset ecosystem,” Binance’s CEO, Richard Teng, said.
Binance Coin rose 0.9 percent over the past 24 hours to 315.81 dollars.
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ETH ☁️ 24H & 1WK Forecast; BNB, DOGE & LINK 🌞Bearish clouds ☁️ linger over the global crypto market in the next 24 hours and week, likely to put pressure on crypto coins such as Bitcoin and Ether.
However, Binance Coin, Dogecoin, and Chainlink defy this negative trend, suggesting upside potential in the near and medium term. 🌞
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$BTCUSD Double Bottom Support BITSTAMP:BTCUSD Double Bottom Support still an uptrend" suggests that Bitcoin (BTC) against the US Dollar (USD) is exhibiting a technical pattern known as a "Double Bottom" at a particular support level, and the overall trend remains upward.
In technical analysis:
"Double Bottom" is a bullish reversal pattern that typically forms after a downtrend. It consists of two troughs or lows at roughly the same price level, separated by a peak or a brief rally.
"Support" refers to a price level at which a financial asset historically experiences a reluctance to fall below. In this context, the Double Bottom is forming at a support level, indicating potential buying interest.
The statement implies that Bitcoin has found support at a specific level, forming a Double Bottom pattern, and despite previous downtrends, the overall trend is still upward. Traders and analysts may interpret this as a positive sign, anticipating a potential continuation of the uptrend in the price of Bitcoin against the US Dollar
🐕🚀 DOGE/USDT Bullish Move Loading 📈🔄
📅 The Doge/USDT market structure in the 4-hour time frame is starting to turn bullish! 📈 This exciting development suggests that we could witness a potential 20-40% bullish move in the coming days. 👀 It's definitely worth keeping a close eye on as it's looking very strong! 💪
⚠️ Reminder: This information is for educational and entertainment purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. 📚💡
🚀📈 Unfi/USDT Looks Promising Here! 🤩💰✨✨ Market structure for Unfi/USDT seems to be shifting to bullish. 📈✨ We can expect a good bullish move in the coming days! 📈🚀 With a high probability, Unfi/USDT may rise by 25-50%! 🚀🌟
🚨 Please note that this information is not financial advice. 🚨
Let's keep an eye on this exciting opportunity! 🤑🔥
PEOPLE next jump!!! PEOPLE changed its bearish momentum to bullish momentum. It needs more fuel to go towards the supply zone. A possible new HL could be marked demand zone which is perfectly aligned with 0.6 to 0.5 fib level.
Entry: 0.03785
Tp: 0.05271
Sl: 0.03003 if the 2-hour candle closes below this.
BTC Downward 24-Hour Trend, Bearish ☁️; Rebound Next Week? Bearish clouds ☁️ loom over Bitcoin and Ether in the next 24 hours, signaling a downward trend. 📉 Meanwhile, Altcoins like Cardano, Litecoin, and Binance Coin are set to shine under the bullish sun, hinting at upside potential. 🌤️
Over the next week, a positive outlook prevails in the global crypto sphere, with bullish trends on the horizon. However, ATTMO indicates that Polkadot may encounter some bearish clouds, posing potential downside risks. ☁️
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BTC DAY RETEST TO 48KThanks for reading this update.
BTC seems to have a new volume on the technical view for the coming hours.
Idea range 24H-48H
BTC has in the last hours stable movements since correction from the 48.9K Trend.
Interesting to see if BTC will make a new high volume in the coming hours which will bring BTC back to 48K.
This is not a long-term update, but more of a day update.
Good luck to all traders, and Always remember to use risk management.
This update is not trading advice, since we are not able to know 100% where the market is going, this update depends on technical data.
ETH Short-Term ☁️, 3D & 7D Forecast Bullish ☀️ Bullish skies ☀️ grace the global crypto market on the 3 and 7-day horizon! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, however, a short-term market correction is on the horizon in the next 24 hours. 🚀
ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks.
Stay weather-wise in the crypto world and follow us for more crypto weather reports!