StevenWalgenbach

StevenWalgenbach

BYBIT:BONKUSDT continues to trade within a historic buy zone between $0.0000088550 and $0.0000128480 after it escaped the grasp of a medium-term negative trend line in the last week. This consolidation phase may be an accumulation period before a move to the upside. In this bullish scenario, BONK may escape the sideways channel and rise to $0.0000192765 in the...

StevenWalgenbach

Over the past 24 hours, BINANCE:ETHUSDT has surpassed the mid-level of a descending price channel that's been evident in the medium term. This rise followed a bounce from a supportive trend line seen in the last few days. If this upward trend persists, Ethereum could overcome the downward channel and set its sights on the $2,440 resistance level. Should...

StevenWalgenbach

KUCOIN:SATSUSDT was rejected by the $0.0000005420 resistance level earlier in today’s trading session. As a result, the altcoin stands the risk of correcting to the $0.0000004505 support level in the next 24 hours. As long as SATS does not drop below this significant mark, it may consolidate for the next 48 hours before potentially entering another leg up. This...

StevenWalgenbach

BINANCE:SOLUSDT managed to break above the key $100 resistance level and now has a clear path to potentially rise to as high as $110 in the next 48 hours. However, investors and traders may want to start taking profit as the altcoin approaches the barrier, given the fact that SOL has been in a multi-day positive sequence for the past week. A drop below $100 may...

StevenWalgenbach

BINANCE:SOLUSDT rebounded from the $90 support level over the past 48 hours, and managed to break above a medium-term negative trend line on its chart as a result. Currently, the altcoin is attempting to break above the $100 resistance level. A break above this significant price point could then give SOL the foundation needed for SOL to rise 10% to the $110...

StevenWalgenbach

The Solana price managed to break out of a bearish channel over the last 48 hours, which led to it overcoming the $90 resistance level as well. As a result, the altcoin is attempting a challenge at a medium-term negative trend line. Should it rise above this level in the next 24 hours, it could then have the foundation needed to continue rising throughout the...

StevenWalgenbach

KUCOIN:SATSUSDT broke out of a medium-term bearish channel over the past 48 hours, and managed to record around a 38% gain. After escaping the channel, the altcoin printed a series of higher highs and higher lows on the 4-hour chart as well, leading to the formation of a smaller bullish channel. Traders may look to take their profit from the 38% move. Should this...

StevenWalgenbach

KUCOIN:SATSUSDT managed to climb back into a medium-term negative price channel over the past 24 hours after dropping out of the zone. Since reclaiming a position within the channel ,the altcoin has continued to rise, and is currently attempting to break above its middle level. Should SATS close a 4-hour candle above this threshold, it would have flipped the...

StevenWalgenbach

In the past few days, the Ethereum price fell beneath the $2,295 support after breaking out from a downward price channel. However, bulls managed to halt its descent before it could reach the $2,130 level, establishing a new higher low and continuing the positive trend line that has been forming on the charts of this leading altcoin. Looking ahead, the Ethereum...

StevenWalgenbach

BYBIT:BONKUSDT was rejected by a negative medium-term trend line in the past 24 hours. Despite this, the meme coin remains in a historic buy zone between $0.000008855 and $0.0000128480, which leaves open the possibility for BONK to surge to the upside soon. Traders and investors will want to keep an eye on the $0.000008855 support level in the next couple of...

StevenWalgenbach

The Luna Classic price recorded a second higher low during yesterday’s trading session, resulting in the formation of a positive trend line on its charts. This could be the early start of a potential bullish rally in the next few days. Should this bullish thesis play out, the altcoin may attempt to flip the resistance level at $0.0000999 into support. A daily...

StevenWalgenbach

The Solana price is attempting to overcome the upper barrier of a medium-term negative price channel. This is after buyers identified its price drop over the past 24 hours as a buy opportunity. Should SOL escape the channel in the next 8 hours, it may then attempt to overcome the $90 resistance level in the following 12 hours. However, a rejection from the $90...

StevenWalgenbach

BINANCE:TIAUSDT dropped below the $15.6115 support level during yesterday’s trading session to reach a low of $13.8700. Since then, TIA has recovered to trade above the significant price point. As a result of the recovery, the altcoin is currently attempting to overcome the upper boundary of a negative price channel. Should it successfully escape this range, it...

StevenWalgenbach

BINANCE:BTCUSDT dropped below the $40,160 support level over the past 24 hours and continued to trade below this crucial mark. Should it close today’s trading session below this significant price point, it may be at risk of continuing its negative trend in the next 48 hours. This could lead to the market leader falling to $38,000. However, a break above the...

StevenWalgenbach

BYBIT:BONKUSDT is approaching the key $0.0000088550 support level and could rebound from this mark before entering into a bullish move if history repeats itself. This is after the meme coin entered a buy zone between $0.0000088550 and $0.0000128480 in the past week. Previously, Bonk entered into a similar setup, which led to a 3-day bullish sequence that took the...

StevenWalgenbach

BINANCE:LUNCUSDT dropped out of a consolidation channel over the past week. This was shortly after it was able to break above a medium-term negative trend line that had formed on its charts, with its origin back in Dec. 4, 2023. In just 48 hours after breaching this line, LUNC saw its price begin to dip. This selling pressure continued in the past 3 days,...

StevenWalgenbach

BINANCE:ETHUSDT has fallen beneath the crucial support level of $2,440 and remains trading below this important price mark. If it ends today's daily candlestick below $2,440, there's a risk it could decline to the next support level at $2,295 in the upcoming days. If selling pressure persists when the altcoin hits this level, ETH's price could further drop to...

StevenWalgenbach

The BNB price has been in a consolidation phase between $288 and $320 for the last 2 weeks. It attempted to break above this channel on Jan. 15 but was unable to close a 4-hour candle above this threshold. Since then, the altcoin has been in a steady descent. BINANCE:BNBUSDT seems to be attempting another challenge at the upper boundary of the aforementioned...