XRP, BTC to Rebound 📈 ETH, LTC 🐻 BNB - Best Bet Right Now? 🤔Bitcoin is facing stormy weather 🌩️, but this could translate into an imminent market rebound in the next 24 hours. Ripple is also facing stormy weather while rebound is highly likely for it to happen in the next 4 hours.
The next 24 hours look tropical and very bullish with upside potential for Binance Coin .
However, altcoins like Ethereum and Litecoin are predicted to have cloudy skies, indicating a slightly bearish market with downside risk.
Over a one-week horizon, ATTMO predicts a sunny sky with a few scattered clouds, indicating a slightly bullish market with upside potential for major cryptocurrencies like Bitcoin and Ethereum .
Dogecoin faces stormy weather, which means an imminent market rebound could be on the horizon in the next 7 days. 🌤️☀️
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LTC
LTC Heading to Test The NecklineThe Double Top is playing out as we lost crucial $85 support this Sunday and could not reflip it. I’m anticipating a neckline test around $69, however lots of buy orders around $76 to keep in mind.
After this test we will see if she chooses to confirm the pattern If she does the $54 level is crucial to hold for something more bearish pre-halving not to be considered. If we reject the neckline break down then I’ll look toward the $130-$170 level.
LTC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the LTC chart this time on a four-hour interval. As we can see, the price has left the uptrend line at the bottom, while locally we are moving in a triangle in which the price is approaching a direction.
We can also see that the price is just below the EMA Cross 200 blue line, which confirms the downtrend, however we are struggling to get back above this level.
Now let's move on to marking the price support points and we see that we first have support at $87.93, but if the price goes lower, we have another support at $83.12, then $78.45 and another support at a price of $71.37.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the resistance at $93.19, then we have the resistance at $38.9, the third very strong resistance at the price of 103.38, and the fourth resistance at the price of $107.93.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the maintenance of the local uptrend, while the RSI, despite small price movements, has returned to the upper part of the range, which may negatively affect the price in the short term.
Bitcoin Technical Analysis Chart overviewBTC/USDT Technical Analysis Overview: Will Bitcoin Breakout Above $29,500 Resistance Level?
Bitcoin has been in a bullish trend for the past few months, and it's currently trading at $20,165. The crypto market has been eagerly anticipating a breakout for BTC/USDT, which could push the price towards $36,000. In this article, we will discuss the technical analysis of BTC/USDT, including its current price, support and resistance levels, and possible outcomes.
Current Price and Trend Analysis:
BTC/USDT is currently trading at $20,165, which is slightly below its all-time high of $64,863. BTC/USDT has been trending upwards since last year, and it has seen a significant price surge in the past few months. As per the chart, Bitcoin is very close to a breakout, and it's essential to keep an eye on the current price level.
Support and Resistance Levels:
The critical support levels for BTC/USDT are $27,000, $23,900, and $24,000. If the support at $27,000 breaks down, Bitcoin may test the $23,000-$24,000 level. On the other hand, the resistance levels for BTC/USDT are $29,600, $30,600, and $32,180. If Bitcoin breaks the $29,500 resistance level and sustains above this price, we could see a surge towards $36,000.
CryptoPatel Key Level:
According to CryptoPatel, a well-known crypto trader, the critical support levels for BTC/USDT are $27,000 and $23,900, while the resistance levels are $29,600, $30,600, and $32,180.
Takeaways:
BTC/USDT is currently trading at $20,165.
Bitcoin is very close to a breakout, and it's essential to keep an eye on the current price level.
The critical support levels for BTC/USDT are $27,000, $23,900, and $24,000.
The resistance levels for BTC/USDT are $29,600, $30,600, and $32,180.
If Bitcoin breaks the $29,500 resistance level and sustains above this price, we could see a surge towards $36,000.
CryptoPatel's key levels for BTC/USDT are $27,000/$23,900 for support and $29,600/$30,600/$32,180 for resistance.
Conclusion:
BTC/USDT is currently in a bullish trend, and the crypto market is eagerly waiting for a breakout. The critical support and resistance levels for BTC/USDT are $27,000 and $29,500, respectively. If Bitcoin breaks the resistance level and sustains above it, we could see a surge towards $36,000. On the other hand, if the support at $27,000 breaks down, we could see a test of the $23,000-$24,000 level. It's important to keep an eye on the current price level and follow the CryptoPatel key levels for support and resistance.
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Ethereum Technical Analysis Ethereum (ETH) Technical Analysis: Strong Range Bound, Waiting for Breakout
Ethereum (ETH) is currently trading at HKEX:1855 level, after experiencing a recent drop from TADAWUL:2050 to $1800. In this technical analysis, we will examine the current chart patterns, identify the key support and resistance levels, and discuss potential scenarios for the future direction of Ethereum's price.
Chart Analysis:
The Ethereum chart indicates a range-bound market between HKEX:1800 and TSE:1930 , with strong support at HKEX:1800 and strong resistance at $1930. The chart suggests that Ethereum's price is currently consolidating within this range, waiting for a breakout.
Scenario 1:
If the HKEX:1800 support level breaks down, we could potentially see a further drop in price to the TSE:1400 - HKEX:1500 range in the short term.
Scenario 2:
If the support level at HKEX:1800 holds, we could potentially see a rise in price towards the resistance level at $1930. A breakout above this level could lead to a further rise towards TADAWUL:2100 or even $2500.
CryptoPatel Levels:
According to CryptoPatel, a cryptocurrency analyst, the key support levels for Ethereum are HKEX:1800 , $1700, TSE:1619 , and HKEX:476 , while the key resistance levels are TSE:1930 and $2100.
Conclusion:
Based on the current chart analysis, Ethereum is currently range-bound and waiting for a breakout. There are two potential scenarios for Ethereum's price direction, with the key support and resistance levels identified. As always, it's important to conduct your own research and analysis before investing in any coins.
Bitcoin Short Analysis ( Bearish ? )#Bitcoin Chart Analysis
CRYPTOCAP:BTC is currently trading at HKEX:29 ,300 and it seems to be retesting its resistance trend line after a breakout. According to technical analysis, this retest zone suggests a bearish outlook for Bitcoin.
I have opened a small short position with a stop loss if any 4H candle closes above HKEX:30 ,300. My target is $24,500 if the stop loss is not hit.
Keep in mind the support level is at $24,500 and the resistance level is at HKEX:30 ,000.
Disclaimer: This is just my personal analysis based on the chart, and it is not financial advice. Please do your own research before making any investment decisions.
LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) was down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision.
LTC/USD dropped to a low of 86.83 earlier in today’s session, which comes 24 hours after trading at a high of 91.39.
Today’s drop in price has pushed litecoin to its weakest point since last Wednesday when the token was at a low of 84.21.
Looking at the chart, Monday’s move came as the relative strength index (RSI) fell to a support level of 44.00.
At the time of writing, the index is tracking at 44.80, with an upcoming ceiling of 50.00 a potential target for bulls.
Should this point be hit, there is a strong possibility that LTC will move back above the 90.00 mark.
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Litecoin to breakdown?Litecoin - 24H expiry - We look to Sell a break of 82.98 (stop at 85.98)
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
83.78 has been pivotal.
A break of the recent low at 83.78 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 75.98 and 74.88
Resistance: 87.30 / 88.60 / 90.50
Support: 85.80 / 83.70 / 81.50
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Will Litecoin LTC price start new wave of cryptocurrency growth?It seems to us that the LTCUSDT price is consolidating before a strong upward momentum. The upside potential is +60%, and if we are lucky, it will be +100%.
In general, today's idea fits into the concept of the idea from 2 months ago, where we recommended buying Litecoin no earlier than 65-73$
Last night, when the BTCUSDT price updated its local low, the LTCUSD price did not. This may indicate that buyers still intend to break through the downtrend purple line, which has been in place since May 2021.
A breakout of the trend line upwards can trigger a powerful impulse movement.
Our first target is 130-135$.
If the growth is very rapid and the price of LTC is able to gain a foothold above 135$, then we can expect to reach $170-180
In general, the price movement of LTCUSDT is quite predictable on large time frames. And as we wrote in our research idea, historically, LTC price growth peaks 42 days before "the halving".
So, if we believe what the LTC price has shown in the past, the peak price could come around 13.06
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LTC cup and handle pattern1D chart:
The H&S did not stop falling after falling to the target price of 73.99, and the lowest price reached 64.98. After the LTC stopped falling, it formed a bottom and broke through the neckline price of 88.26, showing an ascending triangle pattern.
Pay attention to the target price above:
99.90
102.65
111.54
117.13
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4 hr chart cup-and-handle pattern:
After breaking through the neckline at 88.26, the price tested around 95.86 twice. The first step back to 85.53 was effectively supported, the second step back to the Fibonacci sequence of 0.382 (89.48), and then broke through the neckline 95.86, and the cup-handle was established.
Follow the goals above:
99.81
101.03
102.24
106.19
108.67
Stop loss: 88.88
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Daily charts operate with spot or low leverage.
The 4 hr cup-and-handle pattern can be operated with a higher leverage to expand profit margins.
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✅LTC is about To do a Bullish movement!
⭐LTC Is in a Cup & Handle Pattern. The Pattern has Not Been Completed yet but It will be Completed Soon! If our Expectations Come True & The Break out Needed for Ascending Further Happens, . we just Have To Be Patient for Break out To Happen.
🤑Stay awesome my friend
Thank you for seeing idea .
Have a nice day and Good luck
ZIL/USDT Technical Analysis:ZIL/USDT Technical Analysis: Will the Zilliqa Network Upgrade and Hard Fork Lead to a Price Dump?
ZIL, the native token of the Zilliqa blockchain network, is currently trading at $0.033. As per the chart, a double top pattern has formed, and the price has already been rejected from it. This suggests a potential downside move in the near future.
Furthermore, the Zilliqa network upgrade and hard fork are scheduled to take place on 25/04/2023, which may cause the price of ZIL to dump. This is a common phenomenon in the cryptocurrency market where traders tend to buy the rumors and sell the news.
In this article, we will analyze the technical indicators and news regarding ZIL to understand whether it is a good time to buy or sell ZIL.
Technical Analysis of ZIL/USDT
As per the chart, ZIL has formed a double top pattern, which is a bearish reversal pattern. The price has been rejected from the resistance level, and the next support level is at $0.030. If the price breaks below this level, it may fall to $0.027 and $0.025, respectively.
The Relative Strength Index (RSI) is currently at 45, which indicates a neutral zone. If the RSI falls below 30, it may suggest an oversold condition and a potential buying opportunity.
The Moving Average Convergence Divergence (MACD) is also in a bearish zone, and the histogram is showing a negative trend. This suggests that the bears may be in control of the market.
ZIL Network Upgrade and Hard Fork
The Zilliqa network is scheduled to undergo a major upgrade and hard fork on 25/04/2023. This upgrade aims to improve the performance, security, and decentralization of the network. However, such upgrades and hard forks often result in a price dump as traders tend to sell off their holdings after the event.
Takeaways
Based on the technical analysis and news, here are the key takeaways for ZIL/USDT:
ZIL has formed a double top pattern, suggesting a potential downside move.
The next support level for ZIL is at $0.030, followed by $0.027 and $0.025.
The RSI is neutral, while the MACD is in a bearish zone.
The Zilliqa network upgrade and hard fork on 25/04/2023 may lead to a price dump.
Conclusion
In conclusion, the technical indicators and news suggest that the price of ZIL may experience a downward trend in the near future. Traders should be cautious and consider selling their holdings if the price falls below the next support level of $0.030. However, it is important to conduct thorough research and analysis before making any investment decisions. As always, this is not financial advice and readers should seek the advice of a professional financial advisor before investing in any cryptocurrencies.
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ETH/USDT Technical Analysis: Key Levels and Potential Price Move ETH/USDT Technical Analysis Alert
Current price: TSE:1870
Key levels:
Support: HKEX:1800 , HKEX:1705 , TSE:1619 , TSE:1476
Resistance: HKEX:1880 , TSE:1930 - TSE:1950 (red box area)
Recent bounce off the HKEX:1800 support level, approaching HKEX:1880 resistance. A break above this level could lead to a test of HKEX:2500 , while a break below support could result in a drop towards TSE:1550 as per the head and shoulders pattern on the chart.
Traders, keep a close eye on these key levels and adjust your positions accordingly. Stay vigilant!
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LTC #IntradayBuying from the momentum and volume, 2 options for setting a stop short for the volume under 87, and a longer stop, which is suitable for those who are interested in going in and sitting in a position longer, it is set under the consolidation below 84.
The first target is 90 and then 92,94,96 and more distant, a return to a test of the $100 zone.
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Good luck and profit to all.