#MEGAUSDT 8H
#MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.05703
π― $0.06151
π― $0.06598
π― $0.07235
π― $0.08046
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.05703
π― $0.06151
π― $0.06598
π― $0.07235
π― $0.08046
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ICPUSDT 1D
#ICP continues to trade within a compression structure, holding above a key demand zone while remaining capped by a long-term descending trendline.
The $2.087β$2.278 area has acted as strong support multiple times, making it a critical level to watch. As long as price holds above this zone, a breakout attempt toward the descending resistance remains possible.
However, the broader trend remains bearish until buyers reclaim the trendline and establish acceptance above the $3.20β$3.30 region.
π Bullish targets:
π― $2.710
π― $3.141
π― $3.489
π― $3.837
π― $4.333
π― $4.964
π Bearish targets (if support fails): $1.884 β $1.538
Bias: Neutral while inside the range, bullish on breakout, bearish on support loss.
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ICP continues to trade within a compression structure, holding above a key demand zone while remaining capped by a long-term descending trendline.
The $2.087β$2.278 area has acted as strong support multiple times, making it a critical level to watch. As long as price holds above this zone, a breakout attempt toward the descending resistance remains possible.
However, the broader trend remains bearish until buyers reclaim the trendline and establish acceptance above the $3.20β$3.30 region.
π― $2.710
π― $3.141
π― $3.489
π― $3.837
π― $4.333
π― $4.964
Bias: Neutral while inside the range, bullish on breakout, bearish on support loss.
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
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Digital Chartist
#ARKMUSDT 1D #ARKM has broken above the descending resistance and the SMA50 on the daily chart. Consider buying a small bag here and adding on the retest of the broken trendline. The targets are: π― $0.1411 π― $0.1709 π― $0.1950 π― $0.2191 π― $0.2533 π― $0.2970β¦
#ARKMUSDT 1D Update
After breaking above the descending resistance, #ARKM has been consolidating inside a box range. It is currently testing the daily SMA50.
The setup looks interesting and is worth monitoring closely. In case of a breakout above both the box range resistance and the daily SMA50, #ARKM could move toward the targets outlined in our previous analysis.
π― $0.1411
π― $0.1709
π― $0.1950
π― $0.2191
π― $0.2533
π― $0.2970
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
After breaking above the descending resistance, #ARKM has been consolidating inside a box range. It is currently testing the daily SMA50.
The setup looks interesting and is worth monitoring closely. In case of a breakout above both the box range resistance and the daily SMA50, #ARKM could move toward the targets outlined in our previous analysis.
π― $0.1411
π― $0.1709
π― $0.1950
π― $0.2191
π― $0.2533
π― $0.2970
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
JUST IN: π° White House Official Patrick Witt says they're aiming to pass crypto Clarity Act by July 4th.
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Digital Chartist
#PENDLEUSDT 1D Update #PENDLE has hit the 4th target and delivered a 53.07% profit in the spot market and 265% profit in the futures market with 5x leverage. π πΊ π― $1.495 β
π― $1.655 β
π― $1.814 β
π― $2.042 β
π― $2.332
#PENDLEUSDT 1D Update
#PENDLE has once again bounced from its support level and could be on its way to retest the targets from our previous analysis.
Keep a close eye on it, as the current price action suggests that the bullish structure remains intact.
#PENDLE has once again bounced from its support level and could be on its way to retest the targets from our previous analysis.
Keep a close eye on it, as the current price action suggests that the bullish structure remains intact.
#IOUSDT 1D
#IO is on the verge of breaking out above the descending resistance on the daily chart.
In case of a confirmed breakout, the following upside targets could come into play:
π― $0.2060
π― $0.2387
π― $0.2738
π― $0.3224
π― $0.3840
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#IO is on the verge of breaking out above the descending resistance on the daily chart.
In case of a confirmed breakout, the following upside targets could come into play:
π― $0.2060
π― $0.2387
π― $0.2738
π― $0.3224
π― $0.3840
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#MEGAUSDT 8H #MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50. In case of a breakout above these levels, the following upsideβ¦
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Digital Chartist
#MEGAUSDT 8H #MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50. In case of a breakout above these levels, the following upsideβ¦
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1. May Industrial Production data - Monday
2. May Housing Starts data - Tuesday
3. May Retail Sales data - Wednesday
4. Fed Interest Rate Decision and Kevin Warsh's First Meeting as Fed Chair - Wednesday
5. June Philly Fed Manufacturing Index - Thursday
6. US Markets Closed for Juneteenth - Friday
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Digital Chartist
#MEMEUSDT 1D Update We previously alerted that #MEME was attracting strong volume. It has now broken above both the daily SMA50 and the descending resistance trendline, and has successfully reached the first target. π― $0.000661 β
π― $0.000774 π― $0.000865 π―β¦
#MEMEUSDT 1D Update π
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#OPENUSDT 1D
#OPEN is currently trading within a triangle pattern on the daily chart.
Consider accumulating a small position at current levels and near the following support zones:
π $0.2172
π $0.2032
In case of a breakout above the triangle resistance, the following upside targets could come into play:
π― $0.2719
π― $0.3028
π― $0.3468
π― $0.4029
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#OPEN is currently trading within a triangle pattern on the daily chart.
Consider accumulating a small position at current levels and near the following support zones:
π $0.2172
π $0.2032
In case of a breakout above the triangle resistance, the following upside targets could come into play:
π― $0.2719
π― $0.3028
π― $0.3468
π― $0.4029
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#GPSUSDT 1D
#GPS is breaking out above both the falling wedge resistance and the daily SMA200 on the daily chart.
The potential upside targets are:
π― $0.00871
π― $0.00985
π― $0.01078
π― $0.01171
π― $0.01302
π― $0.01470
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#GPS is breaking out above both the falling wedge resistance and the daily SMA200 on the daily chart.
The potential upside targets are:
π― $0.00871
π― $0.00985
π― $0.01078
π― $0.01171
π― $0.01302
π― $0.01470
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#TIAUSDT 3D
#TIA has bounced from the support zone on the 3-day timeframe chart. It is now facing a strong resistance cluster consisting of the descending resistance, the 3-day SMA50, and the Ichimoku Cloud.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.5240
π― $0.6916
π― $0.9424
π― $1.1451
π― $1.3478
π― $1.6364
π― $2.0040
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#TIA has bounced from the support zone on the 3-day timeframe chart. It is now facing a strong resistance cluster consisting of the descending resistance, the 3-day SMA50, and the Ichimoku Cloud.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.5240
π― $0.6916
π― $0.9424
π― $1.1451
π― $1.3478
π― $1.6364
π― $2.0040
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.