I think if BTC consolidates above $25200 there is a chance to see a pump to $28700, otherwise, it can drop to $22600.
I just identified an interesting situation for what the future of the BNB coin means. Currently, the chart is in an accumulation cycle, both locally and globally. The most important levels that BNB must maintain are the weekly uptrend and the weekly support ($234) , and if these are not maintained, the last chance would be the weekly support ($209) . If all...
I think $4.585 is a perfect long-term buy zone. Dot has a monthly rangetrend that supports the upward move and some levels. 1st target - would be in the area of monthly resistance at the price of $7.42 - almost 60% profit. 2nd target - would be in the area of weekly resistance at the price of $8.54 - almost 85% profit. If the Polkadot price never...
ADA has formed a 4H downtrend that it is preparing to break. The price is currently holding a very strong level - Weekly support
I spotted something quite interesting on the Bitcoin chart. The past has shown us a lot. Will history repeat itself? There are chances that in August we will have a high above the one in April, and in the Autumn we will have something extremely interesting.
Why has Bitcoin gone up? In my opinion, the price rejected a very strong Weekly support , which is the confluence with a backside Monthly support ($25200) (so it indicates that the movement will be a strong one up), as a target it formed a Weekly descending range trend. Also, the current movement was compressed by another Weekly descending range trend, the...
ETC maintains a monthly uptrend, but it is also compressed by a monthly downtrend that is about to be broken and we will see a possible pump. It also has a strong monthly support, and a critical resistance would be around the price of $38.70.
I think a rejection from $28700-29250 area will happen, possibly a major one, up to 18-17k at least (uptrend + support - can support the upward movement). Those resistances will represent an extremely important test for the fate of BTC's direction.
Dogecoin did not pump due to the change made on twitter by Elon Musk. The real reason is that Dogecoin has completed the daily accumulation cycle. We can see how the daily resistance level was broken and retested, and the 4-hour target was reached, from there we can see a rejection. In the next period we can expect a test of the daily rangetrend.
It seems that EGLD has formed a quite strong descending range trend on the monthly timeframe, so it is maintaining a downward movement. Currently, the price is supported upward by a range trend on the weekly this time. However, I have identified some potential zones for the long term (at least 6 months, preferably a minimum of 1 year, or until targets are...