CryptoPatel

CryptoPatel

After extensive efforts, the leader of FTX and FTX US has reported the discovery of billions of dollars in debt on both exchanges. FTX US, a leading digital asset platform, has announced a total of $374 million in assets, with the majority of the sum held in associated accounts. This marks a significant increase in the platform's financial stability since its...

CryptoPatel

#Bitcoin Technical Analysis:- This is My Opinion and Analysis Please Share your View Also about Bitcoin Next Move. The recent market sentiment for #Bitcoin has shifted from bullish to bearish. Bitcoin is currently holding on to its trendline support, but it has already broken below the $22,900 support level. According to technical analysis, $22,000 is a crucial...

CryptoPatel

Based on the chart analysis:- EOS is currently trading at $1.21 and appears to be in a parallel channel. It is currently testing the resistance level at 1, and if it breaks above this level, there could be a potential upward movement. However, if it fails to break above this resistance level, it could test the support at $1 once again. It's important to note that...

CryptoPatel

Technical Analysis of ADANIENT/INR: ADANIENT is currently trading at ₹1615, which has seen almost a 20% rise within 2 days after a significant fall of 75% within 3 months. Many retailers attribute this fall to the Hindenburg Report, but I believe that the retailers may be wrong. The decline began in December 2022, and a strong reversal pattern formed at the top....

CryptoPatel

"Shiba Inu Coin Technical Analysis: Descending Triangle Pattern Indicates Bearish Momentum, Traders Beware!" Shiba Inu Price Analysis:- Shiba Inu (SHIB) has recently faced a correction phase amid increasing bearish sentiment in the cryptocurrency market. The coin created a local top at $0.00001575, after which the daily chart revealed a downward trendline and...

CryptoPatel

HBAR Technical Analysis: Bullish Long-Term Outlook Despite Short-Term Correction Expected:- Based on the technical analysis, HBAR is currently trading at $0.072, representing a 100% gain from the recent bottom and a 170% increase from the previous low within the last two months. However, the chart indicates that $0.1 is a strong resistance level, and there is...

CryptoPatel

ETH/USDT Technical Analysis: $1720 Resistance Level Holds Key to Potential $3000 Price Surge:- #ETH/USDT Technical Analysis: As of now, the current trading price of $ETH is $1636, with the cryptocurrency trading in a parallel channel in the $1500-$1700 trading range. The major resistance level of $1720 is yet to be broken. It's important to note that if the...

CryptoPatel

#BTCUSDT As selling pressure eased in the cryptocurrency market, the price of Bitcoin rebounded from its local support level of $22,700 This bullish recovery has resulted in a 1% gain over the last 24 hours, with the current price at $23500. Despite this rise in price, the decreasing trading volume suggests a weakness in bullish momentum. Therefore, it is more...

CryptoPatel

Technical Analysis of #OP/USDT: At present, #OP is trading at $2.87, and it has been the highest gainer coin in this bear market. In the last bull market, its price had hit the bottom at $0.63 in October and had received the low of $0.86 in December. However, currently, #OP has hit its all-time high at $3.29, which is approximately 400% up from its bottom...

CryptoPatel

Hello and welcome to my technical analysis of the MATIC/USDT trading pair. Currently, MATIC is trading at $1.27. Based on the chart analysis, it appears that the ascending trendline has broken down, indicating a bearish trend in the short term. Moreover, the high time frame (HTF) ascending trendline support has turned into resistance, and $1.30 is the current...

CryptoPatel

Chart Analysis Shows DYDX Testing Fibonacci Retracement Level and Potential for New All-Time High in Upcoming Bull Run:- #DYDX is currently trading at $2.855, and the chart shows that it recently broke out of a major resistance level and is currently trading around 250% higher than its last bottom. It has also risen 150% from its last breakout. The previous...

CryptoPatel

#HBAR Trading Price:- $0.077 According to the chart, HBAR is currently trading at a high resistance level of $0.77. Based on this, I expect to see a retracement from this level, which could potentially result in a 30% retracement from the red box resistance level. In addition, there appears to be a strong inverse head and shoulder pattern forming on the weekly...

CryptoPatel

"Bitcoin Daily Time Frame Chart Update: As of now, Bitcoin is trading around $24,000. The resistance levels to watch out for are $25,200 and $26,300, while the support level is at $22,500. If the price breaks above the resistance level, we might see a small upward rally. However, if the support level at $22,500 is broken, Bitcoin could potentially drop below...

CryptoPatel

Ethereum (ETH) has been making headlines in the cryptocurrency world recently, with its trading price currently at $1650. There have been many attempts by Ethereum to break through the high resistance level of $1650, but it remains to be seen if it will succeed. If the resistance level is broken and the price of Ethereum closes above $1700, there is a possibility...

CryptoPatel

#BNB Current Trading Price is $311 #BNB/USDT is currently trading at $311, which represents a significant decline of almost 55% from its all-time high (ATH). Despite this, #BNB did drop to $183 but quickly recovered by almost 74% from its ATH, with a super bull flag forming in the weekly timeframe indicating a positive long-term outlook. However, as market...

CryptoPatel

It appears that #APTUSDT has formed a Bullish Pennant market structure at its recent high points. If it can break through the diagonal resistance of this structure, there is potential for a strong upward trend to resume. However, if APT fails to maintain a higher low, which is a sign of a local technical uptrend, it could signal that the trend has ended. In this...

CryptoPatel

"Analyzing Bitcoin's Historical Trend: Will It Break the Macro Downtrend Before the Halving Event in 2024?" Bitcoin Current Price :- $24180 Bitcoin has been a topic of discussion for a long time now, especially when it comes to its trends and patterns. One of the most talked-about topics is the halving event, which takes place every four years and is...

CryptoPatel

According to the current market situation, BNB is being traded at approximately $300 and it has been fluctuating between $200-$300 for the past few months. Looking at the weekly chart, $340 is a significant resistance level, and if the price falls below this level, there could be a further downtrend. It is expected that BNB will reach a 0.5 Fib retracement...