Overall Trend: Long-Term trend is bullish forming a cup and handle pattern. This is a bullish continuation pattern. Key Resistance: $65,462 Support Levels: $37,287 and $15,804 Election Influence: The US Elections on November 4, 2024 will have major influence on the crypto market. "Best case scenario" for Bitcoin would be a Trump victory. Which means huge cashflow...
Trade Suggestion: The price action is in a pullback after a minor correction. If there’s a breakout above $65,000, wait for the confirmation and enter the trade with the target of reaching $71,348. In case of a reversal and downtrend move, the target is $50,662.
Trade Suggestion: In case of bullish breakout above the trendline above $63,206, enter trade with the target $66,017 or higher. If the price is rejected from this resistance level, enter on rejection around $63,206, target $58,820 or lower.
ZIGCOIN trading within a rising channel. The price is currently rebounding from the lower trendline, indicating potential bullish momentum. If the price breaks through resistance at $0.1261, it could aim for the next target near $0.1485. A failure to maintain above $0.0865 may signal a trend reversal.
ZIGCOIN has bounced from a lower trendline, indicating support. The price is increasing with the next resistance levels visible along the higher fan lines. If the bullish momentum continues, higher levels around 0.15 could be tested.
NYSE:ARC chart shows a clear harmonic pattern with a potential bullish reversal at point D, following a textbook AB=CD pattern. The price completed its harmonic wave structure, with support formed near the 0.018 level. If the support holds, we could see a strong upward move toward the next resistance level at 0.024. The completion of this pattern on ARC signals a...
Bitcoin is testing critical support around $61,344, near a rising trendline. A break above could target $64,500 and $66,500. However, a drop below may lead to further declines, with $51,220 as key support. BTC broke above the triangle pattern and is now undergoing a correction. The price remains above the support line. However, low the volume suggests market uncertainty.
I guess not. NYSE:SUN is currently trading at $0.03235 after a pullback from recent highs. The price is finding support near the 0.5 Fibonacci retracement level. A potential rally could target $0.04136 and $0.06034 if the bullish momentum continues. The RSI suggests the market is neither overbought nor oversold, providing room for further movement. Keep an eye...
AMEX:ZIG Going just as planned, we have a confirmation candle. The optimistic gain from this level can be around 30%
The price has broken above the key resistance level at $0.026428, showing a strong bullish momentum. The next target lies at $0.034087, aligning with the 1.0 Fibonacci retracement level. If the momentum continues, reaching this target is likely. However, a pullback to $0.026428 could occur before further upside.
Pattern: The chart reveals Bitcoin's consistent surge after testing long-term support (green line) followed by significant price rallies. Timing: Key breakout points occurred on April 12, 2021, and November 8, 2021, leading to new all-time highs. Current Setup: Bitcoin is approaching a similar breakout zone with a potential upside toward $90,000 by November...
Now coming to the lower timeframe: The price is rising on a bullish trendline and it is expected to rise to $8, considering the support of $6.9.
ZIG is Rising on EMA 200 Price is nearing EMA 100 (red line) Whenever the price goes above this EMA line, ZIG makes bullish moves. So, if it breaks above this level, I go long.
We saw a huge breakout after the range zone. The price is already collecting liquidity and might kick off something really exciting
Shifting to a shorter timeframe: Rising on a bullish trendline, KASPA is making a bullish triangle pattern. If it crosses the breakout point, the take profit will be at $0.2-0.22. However, to start its bullish trajectory, it must break above the converging EMA (100, 200) on the 4-hour chart.
Overall Trend: Bullish Rising on curved line pattern, making higher highs and higher lows. The next expected higher is at $0.22 and then it might take a correction back to the lower curved line.
So, here is the overview: Current Price: $7.2 Support Zone: $6.6-$5.88 Take Profit: TP1(Conservative): $8 TP2 (Mid): $9.9 TP3 (Optimistic): $12.2