SherrySOC

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...