BTC : THE 47K TARGET BTC has previously aimed for the significant target of 31K. Given the patterns observed in the last BTC cycle, there is a strong possibility that it will now strive to reach 47K.
However, it may take some time for BTC to reach the 47K target. This prediction is based on technical analysis and the current trend exhibited by BTC.
The current level where BTC stands has historically shown resistance, and it could play a crucial role in breaking through to $32,800. Once that happens, there will be an open pathway towards the 47K trend.
Cryptolevels
Is BNB Heading for a Downtrend? ☔️The sun will continue to shine over the global crypto market 🌞 , overall signaling a slightly bullish market with upside potential in the next 24 hours. Binance and XRP ☔️ buck this positive trend, with a downtrend likely.
Over a one-week horizon, the forecast is mixed with the positive trend continuing for Bitcoin. Other altcoins, such as Ether, Dogecoin, XRP, and Litecoin, may face cloudy days ☁️, indicating a bear market with a slight downward trend. 📉
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MDT : PRICE PREDICATION 2023/2024 = $1This price prediction for MDT based on technical analysis and updated trends provides insights into potential changes in the coin's chart.
It is highly likely that our update and the price action in the year 2023-2024, potentially reach a price of $1 USD or even higher.
However, it's important to note that this prediction is a beta projection, which means there is no guarantee that the price will follow the exact trajectory suggested by the chart idea.
For daily updates about MDT coin follow:
For the cycle update 2023 follow
This is a long-term update, its normal if the coin stays for some time stable or even gets a recovery, it's about the full idea of predication 2023-2024
This update is based also on AI trends of this coin, and the developments this coin going to do.
Rainy Outlook for LTC? 🌧️ Litecoin (ahead of its halving in less than a month’s time) faces cloudy if not rainy trading conditions ahead 🌧️, indicating a bear market with a downside risk. The same goes for XRP.
On the other hand, sunny weather ☀️ with a few scattered clouds ☁️ is ahead of the global crypto market in the next 24 hours and one-week horizon. This signals a slightly bullish market with upside potential.
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⛅️ for the Global Crypto Market, 🌧️ Outlook for XRP, LTCSunny weather ☀️ with scattered clouds ☁️ is ahead of the global crypto market in the next 24 hours and one-week horizon. This signals a slightly bullish market with upside potential.
⚠️ XRP and Litecoin (ahead of its halving in less than a month’s time), however, face cloudy if not rainy trading conditions ahead 🌧️, indicating a bear market with a downside risk.
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Momentum gaining traction after Monthly Close 🚀The final week of June was spent consolidating as some Buyers took profit and Short Sellers have attempted to force price down. After the Monthly candle closed on Saturday, we can see it as the beginning for a new ascent. Since then price has climbed 2.35% at the time of writing and reached a high of 3%. Weekly timeframe : There is no Supply AKA Resistance level on the weekly timeframe up to $47K. As long as the Weekly timeframe holds above $30,328 Weekly Support Level, we can look for higher prices. Daily timeframe : Our remaining pit stops for a bullish ascent will be a fight to close above $31,352 Daily resistance and $31,787 Daily resistance. After that there will likely be liquidity above structural wick highs at $32,373. I would not be surprised if BTC wanted a retest at $30,715 Daily S/R Zone once more before a further ascent. It used this price level as a resistance for the entirety of last week and it will likley act as a support moving forward.
Bitcoin is Consolidating Upwards ₿Bitcoin is slowly probing into higher prices testing short liquidity and accumulating orders in view. After a 25% pump last week or 2 weeks ago whenever I would've liked to see Sellers take over already. Instead these " High prices" maintain and price sustains itself. Price is creating Higher Lows and is what should be anticipated in an increasing market. My thoughts are that we may see an increase in BTC early in the month here and a consequential pullback later in the month. The Level's I've drawn up will be the most relevant throughout the first half of this month.
Ethereum Retest after a Breakout 📕We've created a bottom wick on the new monthly candle of 2.5%. The Weekly candle closed strongly above the Weekly Resistance zone to the left hand side at $1,909. We can observe a clear Higher high in market structure that formed pushing price up to $1,976. We have clean traffic (clean and clear candles) to the left hand side on the 4hr and Daily timeframe up to $1,995. Textbook break and retest for Ethereum here for a continuation higher. Price is retesting our previous 4hr resistance which may turn into support.. It's possible price may want to retrace a bit more to $1,924 Daily support level that was formed after Sunday's price action.
4Hr Chart ->
Daily Chart ->
EOS Potential ReversalEOS cryptocurrency is currently displaying signs of a potential reversal. The price action suggests that the downward trend may be coming to an end, and a bullish turnaround could be in the cards.
Based on this analysis, my short-term price target for EOS is the $0.83 resistance level.
Looking forward to read your opinion about it.
DOT Polkadot Double BottomIf you haven`t sold DOT here:
Now DOT (Polkadot) has exhibited a promising chart pattern with the formation of a double bottom, signaling a potential bullish reversal. This pattern suggests that the selling pressure has been absorbed, potentially paving the way for an upward price movement.
With the double bottom formation in place, DOT has the potential to experience a significant rally, and your first price target of $6.25 seems attainable. As market sentiment improves and buying interest increases, DOT could see notable upward momentum.
Looking forward to read your opinion about it!
BTC: AT THE WEEKLY TIME FRAME BREAKOUT ZONEBTC is currently at a crucial zone. The stability we are witnessing in this zone can be attributed to the historical trend that occurred on May 31st, 2022 when BTC experienced a new low. If BTC manages to surpass the $32K mark, it has the potential to reach a new high of $38K, marking the beginning of a new bull market.
The current zone where BTC is located is critical, and it is advisable to closely monitor whether the trend will continue in this direction. A positive outcome could signify an impending breakout.
There is a good chance that BTC will return to FWB:31K before the new weekly chart.
Solid Monthly Candle & Momentum through Weekly Candle Closure↗️The Monthly closed strongly Bullish with a solid engulfing candle of the previous monthly candle. We closed above $29,243 Monthly resistance. Also we closed above the weekly timeframe Resistance level at $30,322. The Monhtly candle closed but we have not see the weekly closure yet. Into the close of the weekly candle I'm anticipating a bullish push to the Upside. Our massive liquidations on Friday I believe served as a catalyst for a clear path forward. Looking at the monthly candle we can expect another Higher High on the next candle since it's in an uptrend and that was confirmed with market structure during the close of March's Monthly candle.
It's my belief that we will soon see our deeply feared $30,730 Daily Resistance Level act as a support for price.
BTC ☀️ Trading Conditions; XRP - 🌧️ Ahead? The crypto summer is here to stay, with sunny trading conditions ☀️ reigning, ATTMO’s short-term and one-week forecast shows. This signals that a slightly bullish market with upside potential is likely for Bitcoin and most cryptocurrencies. 📈✨
Ripple’s XRP, on the other hand, bucks this positive trend ☔️, with rainy trading conditions 🌧️ ahead. This translates to a bear market 🐻 with a downward trend. 📉
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Ethereum -> Bullrun Will ContinueHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum just retested and quite nicely rejected a major weekly resistance zone which was - after the break - turned support at the $1800 level.
You can also see that market structure is still bullish and there is always a higher chance that momentum will continue so Ethereum is not slowing down at all and I simply do expect another bullish impulse to retest the next resistance level at $2100.
On the daily timeframe you can see that Ethereum is currently sitting at the $1920 previous daily resistance but I definitely do expect a break above this zone considering that Friday's candle is showing massive buying pressure and then I am waiting for a retest to then capitalize on the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
27.5$ Top Wick and 25$ Candle Body 🫣 -> Rejection of HighsEthereum is Creating Lowr Lows and Lower Highs as it descends away from our Weekly Supply level $1,915. Price ran into th Weekly Supply level last wednesday and ever since then we have been unable to identify a push to create a Higher high on the Intraday timeframes. Instead price is retracing and it appears to be stepping down stairs in a calculated fashion. As the Monthly candle comes to a close price, we will be able to identify a bearish candle if price closes below $1,873. Price would have to increase +1.6% from the current price to end Break even on the month. If the Monthly candle closes bearish then Bears have established a Resistance. We may then anticipate further downside to fill at least part of the previous monthly candle's bottom wick with momentum carried over. This is the idea behind this Short publishing.
First TP $1,828 Daily Support Level
2nd TP $1,800 Psychological Level
3rd TP $1,723$ Weekly Support Level
Monthly timeframe Outlook : Idea is that we will go to fill at least part of this month's bottom wick with momentum carried over to the next monthly candle
Yet Again Bitcoin! Failure to close above $30,715 🧟Looking for downside as we move into the next Daily candle for a few reasons. We have had 3 Daily candles back to back fail to close above $30,715 Daily Resistance which was initially created on June 24th. this resistance has held for nearly a week now after a 25% pump from the lows. In the short term it's fair to anticipate a bit more depreciation in bitcoin value. Bitcoin is currently in a range and has been since the 23rd of June. The price behavior has been alot less amusing than the prior week. Just yesterday after dipping into Daily support at $29,901 .. it only took about 15 hours before price ran 2.8% back to the highs. The high of the range $30,715 said " not today" and price still sits in the range. Price is currently in the top half of the range.
I believe Inflation red folder news tomorrow during NY Session will help lead the way down and retrace back to at least our newest daily support level $30,085. At that point in time, if we get there, we will reassess. If we've entered the Fomo phase, why have we not continued pumping. Price is stalling at Medium term highs as the Monthly candle comes to a closure.
As the new monthly candle opens in 24 hours, it will likely create a bottom wick before it attemtps to drive up. That is the idea for this retracement into the new monthly candle
1Hr Timeframe
Litecoin Storm Warning 🌩️ : Imminent Correction Ahead The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today.
On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry.
This signals a slightly bullish market with upside potential. 📈
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🌧️ Outlook for Ethereum & Altcoins; ☀️ for BTC & BNBEther and many other altcoins face cloudy ☁ or even rainy conditions 🌧️, signaling a bearish trend with downside risks according to ATTMO.
However, sunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market. 📈
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Ethereum Short at the Lows 🏴 (More Risky) / Momentum ↘️This Short Idea begins at a 1Hr Support Zone & let me explain my thoughts. The Idea for the trade stems from the fact that the Weekly candle is Bearish. Daily candle is bearish. 4Hr Market Structure is bearish and descending away from our Weekly Supply level at $1,915 ( Published in a previous idea). We are shorting the breakout to the downside in anticipation that the Daily candle will continue to pull down into the close of the candle in 5 Hours. We have clean candles to the left /clean traffic on the 1Hr timeframe down to $1,816. 2 Ways to approach this. 1) Short at the lows anticipating volume to come into the market as we transition into the new daily candle. 2) Wait for a pullback to what was our Daily support level and may now because a Resistance level at $1,860$.
Double Top? -> ₿ $30,715 Price may appears to be struggling at our daily resistance Level $30,715. Price action appears to having a difficult time maintianing Bullish Market structure and creating a Higher High on the 4Hr timeframe. In our recent publishing we were anticipating a pullback as we transitioned into the new Weekly Candle. We got that as price pulled back to our nearest daily support level at $29,901. Can't expect much as a trader after quite the sizeable move from 24.5K last week.
☀️ Skies for Bitcoin & Binance, ☁ Outlook for Ether and AltsSunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
However, Ether and many other altcoins face cloudy ☁ or even rainy conditions🌧️, signaling a bearish trend with downside risks.
📈 Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market.
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#DXY $DXYWell i know the markets and watching the $ can make you feel crazy. I know that a lot of people seen the premarket moves and premarket views and SOLD right into support. When really, they should have been looking for pullbacks/reactions to plays the KNOW and like as to their movements based on this chart ALONE could have EASILY given you entries from premarket to open that you could have then already sold for profits 30-90 minutes later.