StevenWalgenbach

StevenWalgenbach

The SATS price dropped out of a positive price channel over the last 72 hours as it was attempting to challenge a medium-term negative trend line. Falling out of this bullish range resulted in the crypto losing the support of the $0.0000004505 mark. A negative price channel has also emerged on SATS’ 4-hour chart after the crypto printed a series of lower highs and...

StevenWalgenbach

BYBIT:BONKUSDT managed to break above the $0.0000128480 resistance level over the past couple of days, but was not able to establish a position above the key price point. As a result, the memecoin’s break above the threshold was short-lived, and the Solana memecoin retraced back within the historic buy zone between $0.0000088550 and $0.0000128480. Should...

StevenWalgenbach

BYBIT:BONKUSDT broke above a medium-term negative trend line over the past 48 hours. This gave it the room needed to continue climbing. Buyer’s realized this and started purchasing into the meme coin, which led to BONK breaking above the $0.0000128480 resistance level recently. The break above this significant price point has also cleared a path for the Bonk...

StevenWalgenbach

The Sats price was able to overcome the $0.0000004505 resistance level in the last 24 hours. It also printed a series of higher highs and higher lows on the 4-hour chart over the past couple of days, resulting in the formation of a positive price channel. This bullish move may soon come to an end, however, since the breakout is significantly less powerful than...

StevenWalgenbach

The AltLayer price recently broke out of a short-term bullish price channel. As a result, ALT is testing the key support level at $0.33965. Should it close a 4-hour candle below this significant price point in the next 24 hours, it could be at risk of falling to the subsequent support level at $0.32520 in the next couple of days. Continued sell pressure at this...

StevenWalgenbach

Over the last few days, BINANCE:BTCUSDT has successfully moved above the trading range of $42,450 to $44,430. It has exited this horizontal trading pattern, marking a trend of increasing highs and lows. As a result, a short-term upward trend channel has developed on the daily chart. If this upward momentum persists, Bitcoin might aim to reach the resistance...

StevenWalgenbach

The Bonk price is trying to break above a negative medium-term trend line that has formed on its charts over the past couple of weeks. Should it break above this line in the coming 48 hours, the meme coin may attempt to flip the resistance level at $0.0000128480 into support in the following few days. This could then give the crypto the room needed to rise towards...

StevenWalgenbach

The Arbitrum price managed to break above a medium-term negative trend line over the past 48 hours. As a result, the altcoin may soon flip the $1.9470 resistance level into support. A daily candle close above this barrier may then give ARB the foundation needed to rise to the subsequent threshold at $2.4255 in the following few days. This bullish thesis may be...

StevenWalgenbach

OKX:PYTHUSDT dropped below the lower boundary of a medium-term positive price channel in the last 24 hours. However, buyers quickly jumped in to minimize the damage, and are currently attempting to elevate it back within the bullish range. Should PYTH close a 4-hour candle in the range within the next 12 hours, it could soon attempt a challenge at the $0.5180...

StevenWalgenbach

BINANCE:ALTUSDT has started the day on a good note and printed a couple of higher highs and higher lows over the past 24 hours, resulting in the formation of a bullish price channel. Should this positive momentum continue, ALT may soon break above the $0.32520 resistance level. This will subsequently result in the crypto exiting the consolidation channel between...

StevenWalgenbach

The Bonk price is still trading within the historic buy zone between $0.0000088550 and $0.0000128480. A negative trend line has also emerged on the meme coin’s charts after it printed a series of lower highs over the past couple of weeks. If it manages to break above this trend line in the short to medium term, it may attempt to flip the $0.0000128480 barrier into...

StevenWalgenbach

The Sui price is trading within a consolidation zone between $1.4995 and $1.6570. However, the latest drop in the altcoin’s price led to it falling out of a short-term positive price channel. As a result, SUI may soon retest the $1.4995 support level. A break below this significant price point could put the crypto at risk of plummeting down to the subsequent...

StevenWalgenbach

OKX:PYTHUSDT continues to trade within a bullish price channel that it managed to recover to back within after surpassing the $0.4385 resistance level. Should this positive momentum continue, the crypto could attempt to flip the resistance level at $0.5180 into support as well. A daily candle close above this barrier could then give the altcoin the foundation...

StevenWalgenbach

BINANCE:LUNCUSDT managed to break out above a medium-term negative price channel throughout the weekend, and continues to trade above this bearish zone. As a result, the altcoin printed another higher low, resulting in a continuation of a bullish trend line that has emerged on LUNC’s charts. Should this bullish momentum continue, the crypto could climb towards...

StevenWalgenbach

The Pyth Network price managed to break above the consolidation zone between $0.3820 and $0.4385 that it was trapped in over the past week. As a result, PYTH has subsequently also recovered to back within a medium-term positive price channel that has emerged on its charts. It attempted to rise above the channel during yesterday’s trading session. Although it...

StevenWalgenbach

A symmetrical triangle that had formed on the BINANCE:LINKUSDT daily chart was validated in the last week, which caused the Chainlink price to rocket past the $17.200 resistance level. The last time the altcoin managed to break above this threshold was back on April 4, 2022. Since then, it has been in a downward trend. As a result, the break above this barrier...

StevenWalgenbach

KUCOIN:SATSUSDT dropped below the 9 and 20 Exponential Moving Average (EMA) lines on its 4-hour chart over the past 24 hours. Should this bearish momentum continue, the altcoin may soon retest the immediate support level at $0.0000004505. Once at this level, SATS will either rebound and begin climbing to $0.0000005420 in the following couple of days, or will...

StevenWalgenbach

Over the last two days, BINANCE:BTCUSDT fell from its positive trend in the medium term, breaking below the crucial support level of $42,450. Should Bitcoin not manage to recover this level within the next day, there's a risk it could further decline to the next support at $40,000 soon. However, traders and investors should be aware that a bullish pattern,...