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BINANCE:ETHUSDT Ether's feeble rebound from the robust support at $1,700 implies a lack of demand at higher levels. When a consolidation phase occurs near a support level, the risk of a breakdown increases. Therefore, buyers must promptly propel the price above the moving averages to regain control. Achieving this could prompt the ETH/USDT pair to first rise...

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BINANCE:BTCUSDT Bitcoin Price Analysis Despite the rise in the United States equities markets following the June 13 Consumer Price Index print, Bitcoin and altcoins failed to recover, indicating that crypto traders are focused on crypto-specific matters rather than macroeconomic news. However, there is a glimmer of hope for the bulls as Bitcoin continues to...

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COINBASE:BTCUSD Dear followers, I wanted to take a moment to express my deepest gratitude to each and every one of you who have chosen to follow me blog on tradingview. Today, as we reach a significant milestone of 50 followers, I am overwhelmed with appreciation for your continuous support, engagement, and trust in the insights and information I provide. It...

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BINANCE:MATICUSDT On June 10, Polygon plummeted below the crucial support level of $0.69, clearly indicating the firm control of bears. However, there is a minor consolation for buyers as the price recovered sharply from the strong support near $0.50, as evidenced by the long tail on the candlestick. The MATIC/USDT pair will attempt a bounce, but it is likely...

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BINANCE:SOLUSDT On June 10, Solana slipped below the significant support level of $15.28. However, the presence of a long tail on the candlestick indicates aggressive buying at lower levels. Buyers made an attempt to initiate a rebound, but the Doji candlestick pattern on June 11 suggests that bears are reluctant to relinquish their advantage easily. They are...

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BINANCE:DOGEUSDT On June 10, the bears pushed Dogecoin below $0.06, but the bulls stepped in and bought the dip, leading to a price recovery and a close above the support level. However, the bulls are facing difficulties in initiating a significant pullback, indicating a lack of demand at higher levels. The bears will once again attempt to push the price...

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BINANCE:ADAUSDT After breaking down from the ascending channel pattern on June 5, Cardano succumbed to significant selling pressure. The downward movement persisted, and on June 10, the ADA/USDT pair fell below the crucial support at $0.24. This drop pushed the RSI deep into oversold territory, indicating that the selling may have been excessive in the near...

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BINANCE:XRPUSDT In the past few days, XRP has shown relatively strong performance as the bulls have successfully maintained the price above the moving averages. To initiate the next phase of the uptrend, buyers will need to overcome the obstacle at $0.56. If they succeed, the XRP/USDT pair could rise towards $0.65. However, this task may not be easy as bears...

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BINANCE:BNBUSDT The price of BNB experienced a sharp decline from $305 on June 5 to $220 on June 12, indicating a significant 27% fall within a few days and affirming the bears' strong control. The RSI's deep oversold territory suggests the possibility of a relief rally in the coming days. In such a scenario, the BNB/USDT pair could initially rise to $240 and...

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BINANCE:ETHUSDT Despite attempting a recovery on June 11, Ether's shallow bounce suggests that the bears are actively selling during minor rallies. The bears aim to further strengthen their position by pulling the price below the immediate support level at $1,700, which would signal the start of a deeper correction. While a minor support exists at $1,600, a...

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BINANCE:BTCUSDT Over the past few days, the bulls have successfully maintained Bitcoin above the crucial support level of $25,250, indicating robust buying activity at that level. Despite the downsloping moving averages favoring the bears, the positive divergence on the RSI suggests a potential reduction in selling pressure. The bulls will aim to drive the...

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BINANCE:LTCUSDT On June 5, Litecoin plunged below the moving averages but experienced a sharp recovery on June 6. However, the bulls could not sustain the price above the 20-day EMA ($90), suggesting that bears are actively selling during rallies. The bears will attempt to drag the price towards the uptrend line, which is a crucial level for the bulls to...

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BINANCE:DOTUSDT Polkadot experienced a sharp drop below the crucial support level of $5.15 on June 5 but recovered strongly on June 6, surpassing the breakdown level. However, the bulls were unable to sustain the recovery on June 7, as the bears sold during the minor rally. Sellers will seek to strengthen their position further by pulling the price below...

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BINANCE:SOLUSDT Solana rebounded from the robust support at $18.70 on June 5 and 6, as indicated by the long tail on the candlesticks. However, the bulls struggled to overcome the obstacle at the 20-day EMA ($20.50). This suggests that the bears remain active at higher levels. If the price continues to decline and breaks below the $18.70 support, the SOL/USDT...

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BINANCE:MATICUSDT On June 6, Polygon slipped below the $0.82 support level, but the bulls swiftly bought the dip, as evident from the long tail on the candlestick. However, the bears had different intentions and aggressively sold on June 7, pulling the price below the previous day's low of $0.79. This indicates a resumption of the downtrend, with the...

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BINANCE:DOGEUSDT On June 5, Dogecoin broke below the immediate support level at $0.07 but rebounded sharply from the support near $0.06. The bulls made an attempt to push the price above the 20-day EMA ($0.07) on June 6, but encountered selling pressure from the bears, indicating the bears' resilience and their inclination to sell near significant...

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BINANCE:ADAUSDT On June 5, Cardano experienced a tumble below the uptrend line of the ascending triangle pattern, invalidating the previously bullish setup. The bulls attempted to buy the dip, but they were unable to push the price back inside the channel, indicating the bears' attempt to turn the uptrend line into resistance. The selling pressure continued on...

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BINANCE:XRPUSDT During an upward movement, traders typically seize the opportunity to buy the dip at the 20-day EMA ($0.49), and the same occurred in XRP on June 5 and 6, as evident from the long tail on the candlesticks. However, the bears are putting up a fight and continue to sell when the price rallies into the resistance zone between $0.56 and $0.59. A...