Over the past 10 months, Bitcoin has displayed strong bullish momentum. Although it briefly dropped below the 200 EMA in June 2022, it made a significant recovery in March 2023 and has since remained above this crucial indicator. This 200 EMA now serves as a reliable support level, highlighting the sustained upward trend.
Bitcoin's price movement can be...
If LABS can successfully break out of the falling wedge pattern it has been in since December and maintain a weekly close above it with a healthy consolidation period in that area, there is a potential for a rally towards the .005 region in the coming months. A favorable setup would involve RSI dropping below 30 and Bollinger Bands squeezing, indicating a possible...
XRP recently broke out of a falling wedge pattern that it had been in for nearly three years, specifically on June 23rd. Multiple weekly candles have closed outside of this wedge, confirming its breakout. As a result, XRP is now officially on an upwards trajectory once again, and its price action will be influenced by the levels of support and resistance within...
Technically Kaspa is in a clearly well defined upwards channel. Should it Break outside of it to the downside, I'll view It as a good buying opportunity to add to position, before climbing back into the channel. Patience with Kaspa is key. Strong team and layer one to keep a serious eye on leading into the next bullrun. MASSIVE potential. DYOR. Not financial...
BTC has been trading within a well-defined falling wedge pattern since reaching its all-time high (ATH). In December 2022, it successfully broke out of this pattern and has since been displaying a clear upward movement within a channel. Throughout its history over the past three years, BTC has established distinct levels of support and resistance. The volume has...
