Key Levels for Bitcoin, since early March BTC has been struggling to break above major resistance level at: "£57K" with 3 points of price rejection with wick contacts. £48K mark has been holding strong support for pressure for the bulls, but I still predict short term Bitcoin will try shake investors out during this halving event. Remain positive, look for...
Avalanche (AVAX/USD) If in doubt, zoom out! Despite the recent crash on most coins, some have experienced a larger fall. However, AVAX is still forming: "Higher High's & Higher Low's" on the trend line pattern from the chart. Is this recent dump before the BTC halving a shakeout so that whales can accumulate even more?? AVAX held support from the recent crash...
Chainlink will lead to a breakout very soon, 3 points of contact have also been made within the Falling Wedge Pattern. Support Zone is between £13.00 - £13.50, this support area is a very strong buy interest level. In addition, the Falling Wedge Pattern's are often considered a bullish signal, a reversal from the current downtrend from the recent dip indicates...
Pay close attention to Fantom, in the short term could be bearish due to not having any daily or 4hr candles etc close above minor Resistance at: "1.02". Rejections off this level could leave the bulls behind and get pushed futher downwards from the bears to "$0.89" roughly. Long term, if you decide to take this trade, a potential to make a +46% will be with...
Avalanche (AVAX) - has formed a bullish wedge pattern on the 4-hour timeframe, breakout to the upside past Resistance from a downtrend since: mid March 2024. If a rally from the break pushes further forward to: "$65", then past it.. momentum will continue and AVAX could head higher at prices of: $70 once key level Resistance has been reclaimed. ‼️DISCLAIMER...
Bitcoin (BTC) has flipped all major resistance key levels now into support. Weekly "BUY" candle has also closed nicely above the wick from the last all-time high {ATH} back from 2021. Price is still holding nicely above before the halving event which is bullish, HODL!!! ‼️DISCLAIMER PLEASE READ CAREFULLY‼️ *(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN...
Weekly update for Bitcoin Cash (BCH/GBP), price has created and held a new Level of floor Support at: £421. Median will be in the range of £472, it appear BCH has had a wick rejection on the candle exactly at a major resistance level of: "£581". Long term still very bullish, but expect prices to be in consolidation of the range of inbetween: £472 - £581. Any...
Bitcoin had broken a previous Support Level at: "£53K" which acted as a Resistance area back from April, 4th. As as result, this created an uptrend. £55.6K is now acting as a strong Resistance zone from the current dump that we've just experienced. BTC bulls have managed to push the price above £54.2K, which was a key level on multiple time intervals. For this...
Coin Name: Near Protocol/USD (NEAR) NEAR Protocol (NEAR) has successfully broken out from a: £Descending Channel" pattern on the 4-hour timeframe. This breakout, is typically considered a bullish signal! The pattern suggests a potential trend reversal from bearish to bullish. If bulls can maintain heat a breakout to the upside to "$7.44" will happen very soon...
Akash Network (AKT) - has been on a parabolic run this year and has performed very well. Price has managed to hit an all-time high of: "$6.50"! Bears currently atm have driven the price down past support at $4.90 which put's AKT at a major risk if the price continues to plummet past bellow: $3.35 zone. 🟢Line of Support Zone= $3.35 - $3.66 🔴Line of Resistance=...
First time in over 3 years, EOS has had a golden cross pattern form on the weekly timeframe with the “Orange Line” 🟠 that has crossed over the “Blue Line”🔵. 🟠=20day EMA 🔵=50day EMA Support Zone= $0.91 Line of Resistance= $1.29 🌟Target= $1.95🎯
Floor Support= £7.77🟢 Line of Resistance £17.94🔴 Key Level Broken= £12.90🚀 Target!= £23🌟 ICP has managed to stay above the 20-day EMA & 50-day EMA today on the 24hr timeframe. Previous resistance level at "£12.90" has now been broken and will be acting as a new Level of Support for ICP. Prices are likely to have a consolidation within the ranges of £12.90 -...
Ascending Tri pattern forming with Ethereum Classic (ETC) which is bullish, the price has risen sharply +7.4% since yesterday daily candle close at: £24 breaking the recent Resistance zone. Take into consideration and manage risk as dips throughout the tri pattern will occur until the price hit's the apex area soon! ETC also has remained above both the EMA's...
Bitcoin has broke a resistance from the dump we was in back from past few days. BTC bulls has managed to push the hourly candles close to above the last close from yesterday! This is a bullish sign short term, the rate of Bitcoin (BTC) has risen by +2% over the last 24 hours. Key Levels: -Resistance broken at= "£53K" as show from charts -Support created at...
Polkadot (DOT) has also fell below the 20-day EMA & 50-day EMA on April, 2nd. Previous support level for DOT has been broken at: $8.67. A daily candle is going to close bellow this support level and both EMA's which is extremely bearish short term. Due to this, bears could push the price action down towards to around $8.20 area. However, If Polkadot bulls can...
Shiba Inu (SHIB) has fell below the 20-day EMA (£0.000022) on April 2, indicating that the bears remain active and the price could likely push Shiba down towards the £0.000019 mark near the 50-day EMA. If the price rebounds off this level, the bulls will attempt to push the price to £0.000026. A break and close above this level will be the first sign that the...
Despite the BTC dip this week, today's price of "Litecoin" still remains bearish-looking short term as it is trading near the local support level of £79. Thus this mark is crucial for bulls, if it breaks out, the drop is likely to continue to the £76 area. On the daily time frame, the price action of LTC has failed to rise after yesterday's bullish closure. If...
Line of Support= $3,060 Line of Resistance= $4,080 Target!= $4,991 Ethereum is losing its grip on the $3,450 old Support zone, which marks a bearish short term strain that puts the ETH bulls in an uncomfortable position. If the bulls don't hold buying pressure, the price could fall as low as $3,050.