UNOUSDT is currently showcasing a robust and exponential uptrend, indicating promising growth potential. Notably, the recent resistance zone around $0.07 has transitioned into a support level, serving as a pivotal starting point for what we anticipate will be a remarkable 144% rally. Our analysis suggests that this rally may unfold rapidly, potentially...
Bitcoin is poised for its next upward move, although a period of further consolidation seems probable. Currently, we anticipate a pullback towards the 61.8% Fibonacci support level around $66k. If/when such a pullback will occur, it will likely present a compelling risk/reward opportunity for buyers.
Based on how resistance continues to flip into the support, we can assume with great deal of confidence that the trend remains heavily bullish. In our analysis we have shared a potential trade setup for SDEX, yet, the price can and most likely will move much higher.
QTUMUSDT has broken above the uptrend trendline resistance, a significant milestone in its price action journey. Following this breakout, we observed a subsequent breach of the previously established high at $4.27. While the current pullback may appear as a temporary setback, it actually presents a compelling long-term buying opportunity not only for QTUMUSDT but...
COMP has successfully broke the resistance uptrend trendline, after which an ABC correction followed. Based on these facts, we can assume, with high probability that the trend remains bullish, in fact, aggressively bullish. Therefore we expect a 100% price increase, where COMPUSDT should hit $160 mark, where double Fibonacci resistance is located.
Following XRPUSDT's breakout above the descending channel, unmistakable signs of an uptrend have emerged: Higher Highs and Higher Lows: Price action is consistently printing higher highs and higher lows, indicative of upward momentum. Support Zone Transformation: The previous resistance area has successfully transitioned into a support zone, reflecting...
Looking at the short timeframe, we could be a the very early stage of a major uptrend. Yet, lets see the price action near the demand zone.
A few days ago, Bitcoin experienced a dip to FWB:65K , coinciding with the average-price uptrend trendline and the midpoint of the ascending channel. The subsequent bounce from this support level was notably strong, signaling active participation from buyers. As long as the price remains above the FWB:65K demand area, we anticipate a continuation of the...
Great news on SXPUSDT! The price has made a decisive break above the supply zone around $0.44, marking a significant milestone. Just yesterday, we witnessed the printing of a new higher high, signaling a strong bullish sentiment and suggesting that bulls are firmly in control. Given these developments, it's highly plausible for the uptrend to persist, with the...
After giving a respectful nod to the long-term downtrend trendline, ICXUSDT went ahead and broke free from the supply zone. The recent resistance at $0.33 is now playing the role of a supportive ally. What does all this mean? Well, it's looking like ICXUSDT is on an exponential bullish streak. And you know what that means? We're likely to see this uptrend...
Exciting news on the charts for ENSUSDT! So, after what feels like ages, we finally saw ENSUSDT break free from its year-long downtrend trendline. Price then went on to form a Symmetrical Triangle pattern, and at the start of this month, we witnessed the breakout above the triangle, accompanied by a brand-new higher high. Now, what does all this mean? Well,...
In the ongoing trajectory of ACEUSDT, the trend persists upwards, characterized by consistent higher highs and higher lows. Concurrently, a notable adherence to the uptrend trendline is evident upon examination of the daily chart. Particularly noteworthy is the decisive bounce off the 127.2% Fibonacci support level, occurring as the price briefly dipped below the...
In light of the Triangle Breakout pattern, Litecoin has successfully reached its upside target. Simultaneously, LTCUSDT has broken above the resistance uptrend trendline, signaling a positive outlook for the long term. However, the current market conditions are presenting a highly intricate timing challenge for both buyers and sellers, with price exhibiting...
AVAXUSDT has recently encountered a formidable psychological barrier at $50, coinciding precisely with the 661.8% Fibonacci retracement level. This alignment presents an opportune profit-taking level for buyers, suggesting a potential shift in market sentiment. Traders could be inclined to initiate short positions on AVAX, possibly giving rise to an ABC corrective...
FITFIUSDT has recently demonstrated a solid bullish move by confidently breaking above the year-long supply zone. This decisive breakthrough, coupled with a move above the ascending channel, marks a compelling and strong bullish indication. The likelihood of the trend maintaining its heavily bullish trend in the coming weeks is high, presenting an optimistic...
🔅SUIUSDT has showcased significant respect for the $0.51 demand zone, highlighting a crucial support level within the price action. Concurrently, a notable surge in volatility suggests an imminent explosive move in the near future. Analyzing the current price dynamics, particularly the bounce observed from the demand area coupled with the formation of higher highs...
The crypto market's temperature seems to be rising, indicating a potential need for a healthy relief bounce. While the altseason may not have concluded, it's prudent to brace ourselves for a corrective move downward. Taking a closer look at the SUIUSDT example, we can witness the market's respect for the supply area. Particularly noteworthy is today's...
Upon observing SUIUSDT's medium-term price action, a discernible supply/demand zone materializes in the vicinity of $1.44. While there was an initial attempt to breach this zone, the descent halted in proximity to the 88.6% Fibonacci support. Subsequently, SUI swiftly rebounded, reclaiming its position above the demand area. The most recent price movements...
