BeastofKong

BeastofKong

While many seem bullish on ADA, I’m keeping a cautious eye on its current price action. Here’s why: BTC has been pumping lately, but Cardano (ADA) has remained stuck in a range. This divergence has me expecting a bit more correction for ADA, especially if BTC experiences a retracement in the near term. Looking at the charts, I anticipate ADA might find its...

BeastofKong

-Price rejected strongly at the long-term trendline, indicating a potential bearish momentum if the support levels fail. -The 6.20 level has emerged as solid support, holding up price action for now. -On the hourly chart, price action shows accumulation near the 6.20 support level, suggesting that buying interest is building up.

BeastofKong

XRP Daily -Triangle pattern -Finds support -Bullish on 4hr TF candle

BeastofKong

BTC has dropped from a high of $108K down to the $94K level. After this significant move, it appears we might have found some support around $94K. A bullish close on the 4-hour candle could signal the start of a potential reversal. #BTC #Bitcoin #Crypto #Support #Reversal #TechnicalAnalysis #CryptoTrading

BeastofKong

Currently, price is testing support, and we're at a pivotal point to see if a recovery unfolds or if we break through the support. -Support Test: Price is at the lows, and we're looking to see if this level holds or if we get a break below. -Potential Recovery: A bounce off this support could signal a bullish recovery, but it needs to show clear signs of...

BeastofKong

As we analyze the 1inch/USDT pair on the daily chart, we're currently observing a period of consolidation within a well-defined range. This sideways movement is providing a crucial opportunity to assess potential future price action. Possible formation of a higher low presents a strong potential setup for a breakout in 2025. Patience and careful monitoring of...

BeastofKong

AAVE drop May 19, could be our first leg or reversal sign from bull run from last year, next swing low is august 17 and forming diagonal this could be our second clue that its about to continue its downtrend. Its only a possible scenario not a financial advice impulse corrective impulse #DYOR

BeastofKong

Slow and choppy market climb, very soon it will continue its correction