LPTUSDT Inverse Head and Shoulder Pattern!LPTUSDT technical analysis update
LPT's price is breaking the inverse head and shoulders neckline resistance and is trading above both the 100 and 200 EMA on the daily chart. A gradual bullish move can be expected in the coming days.
Resistance 1: $17.35
Resistance 2: $20.00
Resistance 3: $26.00
Support: $12.50
Regards
Hexa
Hexatrades
STRKUSDT Price Making Higher HighsSTRKUSDT technical analysis update
STRK's price is making higher highs and has formed an ascending channel on the 4H chart. The price has broken the ascending channel's resistance line with high volume. We can expect a small retest before the price continues upward.
STRK price potential to reach $1.00 in few weeks.
PEOPLEUSDT Triangle Breakout.PEOPLEUSDT technical analysisi update
PEOPLE's price is breaking the triangle resistance line on the daily chart after a 100-day formation. Before a bullish move, we can expect a small retest before the price continues upward.
Target: 50%-100%
Stop loss: $0.060
Regards
Hexa
Could Bitcoin Remain Under $65K by the End of September?BTC technical analysis update
BTC is facing strong resistance at FWB:65K , with the price being rejected multiple times at this level. We can expect a small correction or a sideways move below FWB:65K resistance before a potential breakout. Bitcoin may move sideways or bearish before October begins, but a strong bullish rally is expected in October, as the month has historically been positive for Bitcoin.
DODOUSDT Triple Bottom BreakoutDODOUSDT Technical analysis update
The DODO price has broken the triple bottom neckline resistance line with high volume and is trading above the 100 and 200 EMA on the daily chart. We can expect a strong bullish move.
Resistance 1: $0.225
Resistance 2: $0.325
Regards
Hexa
ZETAUSDT Double Bottom PatternZETAUSDT technical analysis update
The ZETA price has formed a double bottom pattern and is now moving toward the neckline resistance line for a potential breakout. You can consider taking a trade once the breakout is confirmed on the daily chart.
Target: $1.75
Regards
Hexa
Bitcoin: Strong Bullish Momentum AheadBTCUSDT technical analysis update
Currently, Bitcoin has been trading within a range for the past 200 days.
From March 2023 to October 2023, the price fluctuated between GETTEX:25K and $32K for 224 days before breaking the range and bouncing over 130%.
Now, we are observing a similar pattern, with Bitcoin trading inside a rectangle since February, between $53K and $73K. The price is approaching a potential breakout, which could occur within a month. Once the breakout happens, we may see a strong bullish move.
Regards
hexa
AMBUSDT: Low Market Cap GemAMBUSDT Technical analysis update
One of the lowest market cap coins listed on Binance currently has a market cap of $25M. It could potentially reach $250M during this bull run.
The price is currently forming a triangle pattern. Once the price breaks out, we can expect a strong bullish move in AMB, with a target of 500% to 1000%.
ALTUSDT: Trend Shifting to BullishALTUSDT technical analysis update
ALT price has broken the double bottom neckline resistance with high volume and has successfully retested. The price is now moving bullish toward the next target, though it may consolidate sideways before continuing upward.
Target1: $0.160
Target 2: $0.285
INJUSDT: Long-Term Target $100?INJUSDT Technical analysis update
INJ has been trading inside a falling wedge for the last 275 days and is now breaking the wedge's resistance trend line. We can expect a gradual bullish move in INJ. Additionally, the previous all-time high (ATH) acts as strong support, and the price has recently bounced from this level. By the end of 2024, INJ could potentially reach $100.
IOTXUSDT Bullish Channel!IOTXUSDT technical analysis update
IOTX price is breaking the descending channel's resistance line on the daily chart. The price has been trading inside the channel for the last 215 days. Now, it is moving towards the descending channel's resistance line for a potential breakout. Once the breakout is confirmed on the daily chart, we can expect a gradual bullish move in IOTX.
Regards
hexa
REZUSDT Rectangle Pattern!REZUSDT technical analysis update
REZ has formed a rectangle pattern and has been trading within this range for the last 20 days. The price is now moving towards the resistance of the box for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in REZ.
Regards
Hexa