Litecoin (LTCUSDT) has been a steady force, treading above the 61.8% Fibonacci support area since late September 2023, creating a stronghold of demand around the $64 level. The recent resurgence sees LTCUSDT reclaiming its position above the long-term uptrend trendline, signaling the potential validation of a mid-term uptrend. In today's analysis, a compelling...
Today we see a clean bounce of the Fibonacci resistance level. This clearly indicates on a potential pullback by the Bitcoin. But, the huge question arises how far this drop will go. The answers to that question we will share in our channel )
We're closely observing the current Fibonacci resistance level for BTC.D. The significance of holding at 55.25% could signal the inception of a potential altcoin season. Exciting times might be ahead!
Now things with the Bitcoin Dominance can really get exciting! This is because what we might be witnessing a potential completion of a 455-day-long ABC corrective pattern. Building on our earlier analysis of BTCD, we highlighted a clean bounce off the 641.4% Fibonacci resistance.
This could be the true time to act for buyers, as the long-term upside potential is still extremely high. We can see how the resistance has become the support, respected multiple times. Either Bitcoin is at the bottom, or we will see a downside breakout with a much stronger downside. However, probability clearly favors a strong rally potentially starting this...
Today's substantial green candle on the daily chart may evoke enthusiasm, but the inevitable correction looms on the horizon. This correction, in all likelihood, could prove to be a challenging ordeal, potentially transforming into a market bloodbath for high-leverage traders. Drawing attention to the charts, there's a discernible signal—a potential rejection at...
OriginTrail has been turning heads since October 2023, putting on a performance that even the most seasoned traders can't ignore. TRACUSDT has been of of the starts of the show, boasting a jaw-dropping 300% growth! But, traders, the plot thickens as we enter the realm of a strong correction—a market drama that's still unfolding as we speak. Now, let's talk plot...
Bitcoin has recently encountered a minor hurdle, finding itself at the 441.4% Fibonacci retracement level—a point of resistance worth noting. What captures our attention, and is of significance, is the observable clean bounce currently materializing off this level. This occurrence prompts a shift in probability, hinting at the potential for a pullback in the near...
The price is displaying a robust bullish pattern, transitioning from a descending channel to an ascending one. Further confirming the uptrend, previous supply zones are now functioning as demand areas. Anticipate a swift upward surge in a shorter timeframe.
Right now FIL is bouncing off the 161.8% Fibonacci support. If that support holds, the rally is inevitable! Be ready!!!
Get ready to witness some fireworks because OGNUSDT is on the brink of a major breakthrough according to our analysis. This coin isn't just a blip on the radar—it's riding a long-term uptrend, paying its respects to that trendline like a loyal follower. But hold onto your excitement! We're forecasting an ascent of about 114% from the present price, aiming to test...
Today, our focus is on RNDR coin, a potential powerhouse in the long-term landscape. Given the rapid advancements in Virtual Reality technology and the expanding marketplace, RNDR stands poised to play a pivotal role, potentially leading to a meteoric rise in its value over the years. While the long-term outlook is promising, let's delve into the potential price...
Litecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline. To solidify this potential reversal, it's imperative to monitor the daily close, ensuring...
BTNUSDT appears to be unveiling an ideal buying opportunity following a bullish breakout. Notably, the repeated respect for a key demand zone laid the foundation for the subsequent bullish momentum. The breakthrough above the downtrend trendline served as a second confirmation of the bullish sentiment, reinforcing the likelihood of BTN continuing its northward...
Observing the market over a two-year span reveals a compelling metamorphosis from supply to demand zones, reflecting a captivating evolution in SSVUSDT dynamics. The consistent respect for the demand zone serves as a testament to the robustness of the trend, showcasing an overall acceleration in the SSVUSDT uptrend. Anticipating the future trajectory, my outlook...
The Bitcoin Dominance chart reveals a bearish divergence on the 3-Day chart, a signal we previously highlighted in our analysis. Since then, BTC.D has engaged in a range-trading dance, marked by the emergence of a Lower Highs and Lower Lows pattern. The plot thickens as BTC.D approaches the downtrend trendline, poised to act as formidable resistance. Should this...
Bitcoin Dominance (BTCDOM) has formed a distinctive double top at 2380, a key level marked by a bearish divergence observed in the MACD oscillator. While a strong support zone has emerged around the psychological level of 2000, a critical shift could be underway. It's important to note that BTCDOM has breached below the 50 Moving Average on a 3-Day chart,...
XEMUSDT has showcased a commendable adherence to the support area, followed by a robust bounce off the average-price uptrend trendline. A buy signal shared in our channel about a week ago has already yielded profitable results, with an imminent upside potential. While our initial upside target is within reach, the price surge over the upcoming weeks could be...
