Bitcoin is still holding at the daily support level, indicating strong buying interest and stability at this price point. We expect it to move upwards with a favorable risk-to-reward ratio, suggesting that the potential gains outweigh the risks involved. The key level to watch is the daily resistance at $70,500, which Bitcoin aims to...
It appears that NOT is forming a descending wedge pattern, a bullish reversal pattern that often indicates a potential shift from a downtrend to an uptrend. This pattern suggests that the selling pressure is diminishing, and buyers might start to take control. As a result, the price could rebound from the support areas.
For Solana, the $150 to $155 range serves as a strong support level. This range has historically provided a foundation where buying interest has emerged, preventing further declines and often leading to upward momentum. After testing this support area, we anticipate a potential advance towards the $170 resistance.
The price is in a downtrend, indicated by the descending trendline. Currently, the price is in the short-term support area and needs to break the descending trendline and the resistance level at $0.029400 to continue its upward movement. Increased trading volume at support points can indicate strong buying. The key support level is at $0.015950, which has...
STX is currently in a ranging trend, though it exhibits a tendency towards more downward movements. The price action is confined within a large descending channel. Recently, STX reached the upper boundary of this channel after an extended period of consolidation near the lower boundary.
The price of GALA is currently consolidating and approaching the support area at $0.3500. Expect some sideways movement before the next significant move. The resistance area is at $0.5000.
Based on the chart, the maximum correction that Bitcoin might experience is down to $67,000. Observing the range between $70,000 and $67,000 is crucial as there is a high possibility of an upward movement from this area.
Cardano has dropped to the support area of $0.42 - $0.43 and collected liquidity. We might see a test of the support area and some accumulation. This is a good time to monitor ADA around this support area. The resistance zone is at $0.49 - $0.50.
TON has successfully broken its downtrend line, indicating a potential shift in market sentiment. Monitor for corrections down to the $6.8 level, as this could provide a consolidation phase before the next upward move. After completing the pullback, TON/USDT could potentially reach mid-term targets of $8.5 and $9, suggesting significant upside potential.
SEI is currently attempting to stabilize above the descending trendline. Supports are at $0.47 and $0.40 levels. After testing these levels it could go up to its mid-term target at $0.66. Keep it on your watchlist.
Bitcoin moved to the 4-hour support range of $70,500 - $70,150, found support, and then hit the resistance at $71,500, where it was initially rejected. If Bitcoin breaks this resistance, it could move towards higher targets. Over the weekend, expect it to range within this area and complete a pullback before continuing upward towards $75,000. Currently, it is...
RUNE has strong support at $6 on the 4-hour timeframe. There's a high possibility of reaching $6.5 and $6.8. Keep an eye on these levels.
WIF is currently accumulating within a symmetrical triangle pattern. This pattern typically indicates a period of consolidation before a significant price movement. Given the current setup, a breakout is expected with the $4.8 and $6 targets.
The trend of MEME is ranging on higher time frames and bearish on lower time frames. There is a descending trendline that has pushed the price down twice, and now it is trying to break this trendline.
The overall trend of MINA is rang, and we are seeing good fluctuations. It has a triangle pattern, and the price is currently continuing its range within this triangle, now positioned at the triangle's top. The price might drop to the bottom of the triangle, and from there, it can move upwards to break the triangle.
The $0.0180 and $0.016 range is a strong support zone, The price might test these support levels before moving upwards. The first target is $0.03.
If ATOM breaks the downward trend and consolidates, the target of $9 will be activated. It appears more likely to break the downward trend.
Currently, the price of AVAX has successfully broken the downward trendline. If the price stabilizes at this level, returns to the specified ranges, and receives confirmation, we can accompany the price movement until it reaches the sell zones.