Bitcoin's price is moving within an ascending channel. A potential move toward the upper channel boundary near $106,511.66 a new all time high is marked with a red arrow, indicating a possible reversal from resistance. The structure reflects a bullish trend, but traders should remain cautious of a potential correction after hitting the resistance level.
The LINK price rally has surpassed the crucial resistance zone between $18 and $21.85 with huge backing from the bulls. The token experienced a bullish ‘Golden Cross’ that may offer more momentum. The next level to watch is around $36 to $41.76.
FETUSDT has demonstrated strong upward momentum, surpassing important resistance levels and establishing a clear uptrend. However, after peaking near $2.195, the price is now pulling back, providing traders an opportunity to reassess key price levels for future moves. Currently, the price is nearing a significant support zone between $1.756 and $1.709. If buyers...
The long wick created on Thursday, December 5, stands out as a significant feature on the chart and is the primary target at the moment. This $6,000-long wick, visible on both the 1-hour and 4-hour time frames, represents a substantial market imbalance. Such wicks often act as a "magnet" for price action, drawing the price back to fill the imbalance over time. On...
Cardano (ADA) has been performing well, but its price hasn’t seen a major jump yet. It’s currently trading within its previous range, showing signs of stability. Based on the chart, the $0.9799 level looks like an ideal zone for a swing trade entry. This area offers a good balance of risk and reward for those looking to capitalize on potential upward...
SEI is showing signs of breaking out of its accumulation phase on the Bitcoin trading pair. This range is typically a consolidation period where the price moves sideways, gathering momentum for a significant move. On the chart, the key level to watch is the blue zone, which represents a resistance area. If SEI manages to break above this level, it could signal the...
As we enter the final stretch of 2024 and head into 2025, the altcoin market is poised for a massive surge. Despite recent market fluctuations, whales have been quietly accumulating Bitcoin, while retail traders have been selling off for no reason. But the tide is about to turn. Whales Are Holding, Retail Is Selling On-chain data from CryptoQuant confirms that...
STX- USDT Entry 1 CPM Entry 2 2.221 T.P1 2.648 T.P2 2.876 T.P3 3.121
Get ready for the biggest altseason in history! According to market trends, Bitcoin's dominance has reached its peak, and a significant shift in liquidity is expected to occur soon. This means that investors will start to diversify their portfolios, moving away from Bitcoin and into altcoins. As Bitcoin reaches critical levels of adoption and price...
After the dip in early August, Litecoin established a clear channel, moving consistently with higher highs and higher lows. The price has risen steadily from around $55 up to the $76 mark. The current structure suggests strong bullish momentum within this channel. If Litecoin manages to break out from the upper boundary of this channel, it may test the next major...
Ethereum ( CRYPTOCAP:ETH ) has shown strong performance over the past two weeks, signaling growing momentum. However, this is likely just the early stages of a larger trend. Key developments and market dynamics suggest the potential for even more significant growth ahead. Stay vigilant for upcoming catalysts that could drive further gains.
VANRY is currently at a critical resistance zone Green at $0.1333 to $0.1398, which could determine its next directional move. A successful breakout above this level would signal a continuation of the bullish momentum, potentially pushing the price toward the next significant target resistance zone in Blue at $0.2399 to $0.2530. However, if the price fails to...
Considering that BTC might pull back slightly further to around $86k or $85k. This chart showcases the price action of ENA against Tether (USDT) on a daily timeframe, highlighting crucial levels of support, resistance, and a speculative path for potential price movement. The blue zone, around $0.5040 to $0.4833, represents a significant support area where the...
This chart illustrates Ethereum's (ETH) price action against Tether (USDT) on a daily timeframe, showcasing significant levels of support and resistance, along with a potential scenario for future price movements. The blue zone represents a previous resistance level, now acting as a critical support zone $2,821.56 to $2,763.95. The chart highlights a strong...
The chart depicts the price action of Dogecoin (DOGE) against Tether (USDT) in the 4-hour timeframe, highlighting potential zones of support and resistance. The two blue horizontal zones represent key support areas, where buyers might step in to halt the price decline and potentially trigger a rebound. The black zigzag lines illustrate speculative pathways,...
AVAX is on the verge of its much-anticipated bull rally. The resistance level against BTC is like a lid on a pressure cooker, with bulls steadily absorbing the available liquidity. Once this level is broken, the price could surge rapidly upward.
AVAX is approaching its final resistance level. A further push of about 22% could clear the way, leaving no obstacles and leading it into a new price discovery phase. At the same time, its potential peak is uncertain.
A pullback is anticipated next week due to technical factors that suggest a period of consolidation or correction. First, the 4H 50 EMA (Exponential Moving Average) is heavily overextended, indicating that the price has moved too far, too fast, away from its mean. In such scenarios, market behavior often drives prices back towards the EMA to realign with the...