BNB recovered more then Bitcoin and while seeing technical it looks more promising and seems that it separated itself from bitcoin correlation.
A slow recovery of BTC will lead it towards next target that is $33K
Bitcoin Its Still On Track to Visit $48K Again. 37500 again acted as a strong support, it may seems range bounded but turns bullish, seeing it above 43K in next days.
As predicted earlier BTC is on its way to touch $43000 as TP 1 and then $48K
I am still following my previous trading idea where I suggest to buy a retest after breakout above or buy when it visit to EMA 200 if correct. AT this moment it seems that the support will hold and it might turn bullish. Waiting for a clear rejection to buy from this level.
After successfully testing 8.40 region it is gathering strength to make another leg up where it will target 13$ area but before that it have to deal with the 200D EMA which can challenge it further. Currently its in a good buying zone but trade from this point will not lead directly to 13$ it might remain in range for few days.
It's bottom out but the hardship for this cryptocurrency are not over yet, After successfully breaking above 100D EMA its heading towards 200D EMA which will challenge it further but after some range bond activities it will target 0.23$
Matic is trading in a tight range since Mar27, but the rally is not faded yet, Technical are still pointing towards $2. Once it break above 1.70$ it will quickly visit the $2 area.
The Back Ground and Psychological Support Zone ADA has been trading in a bearish cycle since Sep-2021, and at this point, it's rejected from the well-established trend line twice as well as EMA's are still heading downwards and exerting a lot of pressure price, the widening gap is a clear indication of bearish pressure. But the rejection of Feb 24, 2022, and...
It seems that ADA stuck into the a tight range but it's retreating a little bit to make it's next move, In coming days it might test 100D EMA and then break above towards 1.60 which is second target in this rally and it's ultimate target is 1.90.
At this point it might seems BNB is hesitant to break the immediate resistance but in reality its heading for the next target.
Ethereum is Facing Tough Resistance at $3500, on the upside it remain successful to break the $3500 mark then soon we will see it at $4K
SOL is Ready to Make Another Bull Move, but for a good entry wait for the price to come back to the buying area.
Bitcoin is trading above $46K and holding its grounds on the strong footing, the technical are pointing towards $52K as next target.
Last day we see two patterns opposing each other and that stuck price in a trading range of $38900 to $41700. Currently its trading near the upper range and momentum is fading. A visit to $39000 is possible which will bring new opportunity to buy near the bottom of this trading range.
A bounce from the trend line open doors toward $42K and then $46000 finally. In the current trading range of $35000 to $46000 every top and bottom is a good selling and buying opportunity.
The sentiment turn bullish but a correction towards $42K is due, it might see a decent rejection between $42K and $43K which will be a good buying opportunity.
After the last day bullish breakout the BTC is heading towards very first target which is $46K and in case of successful break of $46K level then we might see is more bullish as risk on assets