Ethereum Holds Steady Amid Volatility, Eyes on $2,800 BreakoutMarket Overview:
Ethereum had a volatile week but ended with a 1% gain, with buyers defending the critical $2,400 support level.
If ETH loses this support, the price could drop toward $2,000, impacting altcoins negatively.
Key Levels to Watch:
Current resistance: $2,800. A break above this level would signal buyers regaining control.
Support: $2,400. Losing this could trigger further downside to $2,000.
Outlook:
Ethereum is showing signs of market indecision, moving sideways. A breakout above $2,800 would end this hesitation and bring back bullish momentum.
#Ethereum #ETH #CryptoUpdate #PriceAnalysis #SupportAndResistance
Cryptoupdate
Bitcoin Trending Down, Key Support at $55,800Market Update:
Bitcoin is trending down from its March highs, holding support for now but showing signs that it could revisit lower levels.
Technical Outlook:
A key level to watch is $55,800, which aligns with the rising trend. This level could serve as a critical point for BTC's next move.
#Bitcoin #BTC #CryptoUpdate #PriceAction #SupportLevels #TechnicalAnalysis
Bitcoin Drops Over 10% After Rejection at $67,000Market Update:
In the last few days, Bitcoin's price has dropped by more than 10%, following a rejection at the $67,000 level.
BTC has now fallen to the critical support area at $61,000.
Technical Outlook:
The market is currently oversold, and there is potential for BTC to rise and test the next resistance level around $64,000.
It is crucial that the $61,000 support level holds, as a break below this area could trigger a deeper decline, with the next lower range support around $57,000.
#Bitcoin #BTC #CryptoUpdate #SupportLevels #Oversold #BTCPriceAction
Trade Details for SEIPattern Formation: SEI is showing signs of a potential inverse head and shoulders pattern, which typically indicates a bullish reversal.
Support Level: The $0.32 region is expected to form the right shoulder, offering an entry point for a long position.
Profit Levels: Targets are set based on key resistance levels and potential price expansions.
Strategy:
Risk Management: By entering around the $0.32 support, the trade aims to limit downside risk with a stop loss placed just below the significant $0.25 level.
Profit Taking: Gradual profit-taking at $0.45, $0.60, and $0.75 to capitalize on upward movement while securing gains at key intervals.
This setup leverages technical analysis to optimize entry points and manage risk effectively, aligning with market conditions and potential bullish patterns.
🐂☀️ Crypto Bull Run: Sunny Skies and Upside Potential! 🚀📈The bull market continues in the crypto universe 🐂📈, with sunny conditions ahead in the coming hours and over a one-week horizon. ☀️ An upside potential across the board is likely, according to ATTMO. 🚀
ETF applications fuel optimism, while low liquidity sparks exciting price fluctuations. 🌟 Stay tuned for EU inflation updates and follow us for more crypto weather reports and insights! 📊
Bright Skies and Bullish Potential in the Next 24 Hours? 🌞📈A slightly bullish market with upside potential lies ahead for the global crypto market in the next 24 hours and over a one-week horizon, according to the sunny outlook of ATTMO. ☀️
The ongoing crypto rally continued at full speed as the market was boosted by the positive remarks made by the Chairman of the Federal Reserve on cryptocurrencies overnight. Cryptocurrencies are an asset class with staying power, Jerome Powell said. 💪
The filing of three separate applications for spot Bitcoin ETFs also drives the rally. 📈
Stay tuned for more crypto updates and insights in ATTMO Times! 📰
Bullish Trend Ahead with Positive Remarks and ETF Filing ☀️A slightly bullish market with upside potential lies ahead for the global crypto market in the next 24 hours and over a one-week horizon, according to the sunny outlook of ATTMO. ☀️
The ongoing crypto rally continued at full speed as the market was boosted by the positive remarks made by the Chairman of the Federal Reserve on cryptocurrencies overnight. Cryptocurrencies are an asset class with staying power, Jerome Powell said. 💪
The filing of three separate applications for spot Bitcoin ETFs also drives the rally. 📈
Stay tuned for more crypto updates and insights in ATTMO Times! 📰
Bitcoin Price Prediction and Updates1. Here is my view on the bitcoin chart if bitcoin getting weaker and breaking the trendline with bearish divergence in "RIS" Then I will be looking for short and my first target will be golden zone in Feb Retracement tool.
2. For long I will be looking the golden zone in Feb Retracement Tool and wait for the Reaction in lower time frame 5/15 mints.
I do analyze the cart on my view but nothing is financial advise.
Btcusdt looking Weak Looks Like Btc want Some Correction In Shorter Tfs
Btc Was Following 50ema In From Last few days In H1 Recently 50Ema Broken
While Rsi Printed Massive bearish divergence
Now If we Look At Price Action Where Btc Forming Ascending channel Too NoW If Its Broken To Downside My Target Will Be 18700 Area
Always Wait For Confirmed breakout To Enter
SOL/USDTCongratulations everyone who followed me and stayed with me since beginning hopefully as we said before our targets will hit and we should just wait, so finally our target 116.46 also met.
Now what?
No we have 3 scenarios,
1) We have another resistance which is our daily Moving average 200 located, if the price reached there and broke it and confirmed above it with a pullback then we will enter again and wait for 150 area as per chart
2) We will have a rejection until the support trendline area 106 and 104 area, then from there we will get supported strongly which leads a good and smooth way back to our first scenario above!
3) we will face market manipulations and we break below trend line and after confirmation and pullback to the support trendline below it, then we will face more fall maybe around 90s and 80s.
Safe trades are always best.
Remember these are not buy and sell signals, these are my own personal technical analysis as per price action and experience and own opinion.
Good luck !