SherrySOC

SherrySOC

Why? 1. DataDance Secures Multi-Million-Dollar Seed Funding Led by Hash Global (1 day ago) Impact on APT: Positive This indicates growing interest and investment in projects within the ecosystem Aptos is supporting. Increased funding in connected projects can lead to higher adoption, collaborations, and an eventual demand increase for APT. 2. Tomarket...

SherrySOC

Why Aptos (APT) is currently falling? 1. Negative Sentiments: The market has low confidence in Aptos due to its inability to maintain price stability compared to its peers. 2. Token Supply Unlock: A major token unlock scheduled for January 11 will increase supply in the market, causing selling pressure. 3. Open Interest Decline: Reduced open interest...

SherrySOC

Crypto Total Market Cap (Excluding BTC & ETH) - TOTAL3 Analysis The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at $986.21B, with a notable +2.71% increase. Channel Formation: The price action respects the descending channel boundaries, creating...

SherrySOC

APT/USDT is currently trading within an ascending channel on the daily timeframe, with the price holding at $10.62, showing a slight dip today. The chart reflects a well-maintained trend within the channel, where the price consistently respects both the upper resistance and lower support levels. One key area to watch is the range around $7.53 to $8.00. This zone...

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Will December Be Good for Bitcoin? A Look at Past Trends As December approaches, Bitcoin traders often wonder if this month will be positive for crypto or if it will end in losses. Let's look at how Bitcoin has performed each December for the past 10 years: Bitcoin's December Trends (2013–2023) 2013: Started at ~$1,000 and ended at ~$750 (-25%). Early...

SherrySOC

The chart shows that AgriDex (AGRI/USDT) is currently in an upward channel, with a Buy/DCA (Dollar-Cost Averaging) zone marked near 0.12204 to 0.10837 and a Setup Invalidation level at 0.09144. The price is already trending above the channel's midpoint and seems to be heading toward the upper resistance around 0.16 or higher. Key observations: 1. Trend: The...

SherrySOC

Btc was rejected 5 times from a bearish trend line. Finally, it broke the bearish trend line to the upside and again headed down to its previous bearish trend line to make it a support. The trend line has become its support now. If it breaks the trend line to the downside, then we will probably go to kiss 28000 area. In the worst situation, we may go down to 25392 level.

SherrySOC

All the details have been revealed in the chart. Currently, BTC is at its strong support. If it breaks the support levels which have been already shared in the chart, then we could go further down.

SherrySOC

Solana has pumped three times from the 85$ level. If it closes more than one 4H candle below 90$, then fold your sleeves to retest the 85$ level. We will see a pump again from the support because buyers are waiting at the 85$ level with the limit orders.

SherrySOC

The global crypto market cap has decreased by 1.71% over the last day. Total1 is respecting its trendline in the 1D timeframe. It should not go down below 1.7 otherwise we will see more dump in the market. BTC dominance has broken its resistance of 42.10 this is why we have seen a slow death correction in alts. But now it's time to recover if we remain above...

SherrySOC

BTC bounced to 39,500 and conquered that resistance now BTC trying to flip 40,500 level into a support zone. Closing above this level will mean bullishness. We await for 12 candles above 200 EMA in 1H chart to follow the resistance breakout.

SherrySOC Updated 

Double top Short selling opportunity I can see according to double top chart pattern.

SherrySOC

Analysis - BTC is retesting in lower zones for its strong support. For now, wait and watch for the daily close. We should see some bounce first to 39,500 and then a daily close above this level would make things better. We need to see some cool off in selling pressure for things to stabilise. Keep an eye on volume and market cap. If the volume increase and the...