HBAR has broken out of the descending channel, showing strong bullish momentum. The price is trading well above the 200 EMA, which supports the continuation of the uptrend. A breakout like this often indicates the start of a new leg higher. Monitor for confirmation and potential pullbacks to the breakout zone as a retest before further continuation.
AAVE/USDT is currently trading around the resistance zone, and we anticipate a breakout as the price has been holding these levels for several hours. Additionally, the decline in BTC.D and USDT.D indicates a flow of money into altcoins, further supporting the potential for a bullish move in AAVE. Keep an eye on the breakout for confirmation!
USDT.D is showing strong bearish momentum, rejecting multiple times from the descending trendline and resistance near 4.45%. A continuation downward toward the 4.00%-3.85% support zone is likely. This drop could fuel bullish momentum in altcoins as funds flow back into the market. Watch closely!
The $85,000 level is a key confluence zone, combining horizontal support, the rising trendline, and the 100 EMA as dynamic support. This area is critical for potential bullish momentum. Monitor closely for price reactions, as holding this level could trigger a bounce, while a breakdown may lead to further downside.
AAVE is looking super bullish on the 12H timeframe. A breakout above the marked shaded resistance area could trigger a strong bullish move. The green box represents an excellent accumulation zone, providing a solid opportunity to prepare for the next leg up. Monitor closely for confirmation of the breakout. Don't forget to follow for more insights. DYOR, NFA
BinanceUSDT is finding strong support at the trendline and the 100 EMA, acting as dynamic support. The price shows strong potential to break the nearest resistance and aim for a new ATH. Monitor it closely for upcoming moves, and don’t forget to follow us for more updates.
SEED_ALEXDRAYM_SHORTINTEREST1:DOGS /USDT is hovering near strong support at 0.0004800 after a sustained downtrend. RSI shows weak bearish momentum, with a potential for a rebound if support holds. A breakdown below support could trigger further declines. DYOR, NFA
Trade Setup: TON/USDT The price has successfully broken above the resistance trendline and has also retested the breakout level. Currently, we expect a potential upward move if the price sustains above the trendline. Entry: Enter the trade if the price holds above the trendline. Stop Loss (SL): $5.10 (below the breakout level to limit downside risk). Take...
After a sharp gain, BTC.D is facing strong rejection around the golden Fibonacci level of 0.618. We anticipate a sharp decline from the current levels, which could pave the way for another leg up in altcoins