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Tendency

BTC/USD Poised for Bullish Momentum Amid ConsolidationBTC/USD Daily Chart Analysis Trend Analysis: - The daily chart shows an overall bullish trend with higher highs and higher lows since late last year. - Recently, the price has been experiencing consolidation with some volatility but remains above key support levels. Support and Resistance Levels: - Immediate Support Level: 65,000, which could act as a strong support if the price pulls back. - Next Support Level: 62,400, a significant support level that has been tested previously. - Immediate Resistance Level: 70,000, which could act as a barrier to upward movement. - Next Resistance Level: 73,800, a key resistance level that aligns with recent highs. Technical Indicators: - The recent price action and candlestick patterns suggest consolidation within a bullish context. - The overall momentum remains positive, indicating potential for continued upward movement. Direction Preference: Given the current bullish trend and the higher time frame, the preferred direction for BTC/USD in the short to medium term is bullish. The price is likely to continue moving higher towards the resistance levels of 70,000 and potentially 73,800. Key levels to watch: - Pivot Price: 66120 - Resistance: 70000, 73810, 76500 - Support: 64900, 62400, 59940 Conclusion: The BTC/USD daily chart indicates a bullish trend with continued upward momentum. It is advisable to consider long positions, targeting the resistance levels at 70,000 and 75,000. Monitor for any signs of consolidation or pullback, but as of now, the bullish trend remains the preferred direction for today and the near future.
BITSTAMP:BTCUSDLong
by SroshMayi
SOL/USDT BUYING ZONESOL/USDT is in a buying zone as we can see in the graphic the price has reached an important support zone defined by the blue and yellow line being the last one an important tendency line we can also observe that the price in that zone has been maintained and the volume is confirming a bullish pattern adding to this the RSI and MACD is showing a clear divergence this means an exhaustion of the bear positions that have not been validated by the volume, I believe this is one of the most important opportunities for a long position and we'll have to analyze again what'll be happening when the price reaches the next important tendency line.
Long
by jibo16
Ethereum - The bulls must react.I believe the bulls will truly start to show up if ETH closes a candle above the U$ 176. We also see some supports here, namely a purple upward tendency line and the 21 ema, so it’s now or never. On the other hand, it’s easy to imagine what would happen if the prices left those supports behind. ETH could potentially slip through the yellow line (previous support) and would only meet a decent target at U$ 89.66. We must see some bull’s reaction here. Stay safe.
BITFINEX:ETHUSD
by Nathan_The_Finance_Hydra
2
Go AheadA linha do histograma macd= linha macd - linha sinal apresenta tendencia de alta, a linhas de suporte de baixa e de alta , em vermelho representando os momentos de baixa e as verdes representando os momentos de alta , mostram uma leve discrepancia, um angulo diferencial, das 2 linha verde, um que acusam um tendencia de alta. The online macd histogram macd = line - trend line signal is high, the support lines of low and high, red representing low moments and green representing the moments of high, show a slight discrepancy, a differential angle ,red lines and green line , who suffers from a tendency to high.
Short
by CMachado_Jr