DOGEUSDThi
For now, we don't have any positive signal and the best case is to wait; If the $0.12172 resistance range is completely consumed, we can expect a break of the descending channel and an uptrend.
But now, due to maintaining the downward channelized movement, the probability of the continuation of the downward trend is higher.
What do you think?
Readthemarket
EOSUSDTHi guys
Tangent with the medium-term uptrend line, in the lower time frames, a head and shoulder pattern is formed at the end of the downtrend.
The support areas are also well preserved so far; Provided that the previous price floor is maintained, and the resistance range of $0.831 is consumed, we expect an upward trend similar to the scenario.
APTUSDTHi guys
It seems that the two price areas that we have identified are very low risk for buying.
According to the issued divergences, the possibility of a downward trend should be considered.
Interestingly, this cryptocurrency does not have any resistance range after the price area of $20.4!
What do you think?
BCHUSDTHello, dear friends
2024 is definitely an exciting year for crypto. I hope you stay (:
We see one of the attractive currencies. Considering the use of the resistance range of $274, we expect the price to grow up to the specified range.
The price area of $251 and $226.5 are our low risk areas
What do you think?
EOSUSDTHi guys
In my opinion, the rising guard of the chart is quite evident.
The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term.
On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (;
what do you think!?
BTCUSDT📌 To complete the upward trend, it is necessary to see the $33,000 area again.
🔍 If we look carefully, we probably have a head and shoulders pattern.
▪️ The areas that we have identified are strong for supply and from here the possibility that a higher ceiling will be set for us is very, very weak
What do you think?
ICPUSDTHello dear friends
This is one of the currencies that I think is attractive for buying from these areas, especially the pink range ($3.417).
As soon as the $11.65 area is fully consumed, the probability of seeing higher areas in the medium term will be strengthened.
Of course, the view of the increasing trend is valid on the condition that the resistance range of $6.53 is consumed and the price floor is maintained.
ETHUSDTHello dear friends
Ethereum is in an attractive range! Do you think we will lose the $931.72 support area? (exit from the lower side of the triangle)
Or will we lose the $1890.85 resistance area!? (exit from the upper side of the triangle)
It seems that according to the macro conditions, the possibility of exiting from the top is more!
We would be happy to hear your comments
update for BTCUSDTas I was expected, BTC reversed its trend and the minor downward trend has started. there is a FL which was engulfed and now I'm thinking about a pullback to upper demand zone (blue box - FL) for collecting new sell orders. this pullback may be extend to the next demand zone (red one - MPL). but this is clear that rising in price is a pullback and the trend is downward until support zones mentioned in the chart.