#Ethereum price has reached the support level of $3050-$3200 . The Bullish harmonic pattern has also been completed and the price is expected to grow until reaching the dynamic resistance and then react to it and decrease.
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#BTC/USDT AnalysisSupport is seen around $64,500. A breakdown below $64,490-$64,499 could trigger further declines
.Entry: Below $64,400
SL: Above breakdown candle
Target: $60,800
.Entry: Below $64,400
SL: Above breakdown candle
Target: $60,800
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#LTC
After reaching the bottom of the channel and about 40% of the pump, the price reached the top of the channel but could not break it. Bullish candles are still strong. And there is a possibility of price growth again up to $110 .
After reaching the bottom of the channel and about 40% of the pump, the price reached the top of the channel but could not break it. Bullish candles are still strong. And there is a possibility of price growth again up to $110 .
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#BTC Analysis
Despite the current bearish trend in BTC's price, our technical analysis team anticipates a strong potential for BTC to surpass $80,000 by the end of April.
Stay tuned!
Despite the current bearish trend in BTC's price, our technical analysis team anticipates a strong potential for BTC to surpass $80,000 by the end of April.
Stay tuned!
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BCH/USDT analysis-
The price has formed a falling wedge pattern and has broken out with a retest. Currently, it is encountering resistance following a 9% surge from the breakout level. If it breaks out again, it is likely to ascend towards the next resistance zone, delineated by a red box.
ENTRY- As soon as it gives breakout i.e. 674.01-674.10
SL-below the breakout candle
TARGET- 722
The price has formed a falling wedge pattern and has broken out with a retest. Currently, it is encountering resistance following a 9% surge from the breakout level. If it breaks out again, it is likely to ascend towards the next resistance zone, delineated by a red box.
ENTRY- As soon as it gives breakout i.e. 674.01-674.10
SL-below the breakout candle
TARGET- 722
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Members,
No need to stress over the market's fluctuations; remember, no asset ever increases in value in a straight line. Focus on the broader perspective. It's highly probable that BTC will surpass the $80k mark this month.
No need to stress over the market's fluctuations; remember, no asset ever increases in value in a straight line. Focus on the broader perspective. It's highly probable that BTC will surpass the $80k mark this month.
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#POND/USDT analysis-
After a steady rise, the price first formed an ascending triangle pattern and broke out with a surge of more than 50% in price. After reaching 50% from the breakout level, it retraced back towards the breakout level and found support two times around that level.
Now, the price has formed a descending triangle pattern. If it breaks out, it is likely to ascend towards the previous swing high, delineated by a red line.
ENTRY- as soon as it gives breakout
SL- below the support i.e. around $0.02600
TARGET- $0.04240
After a steady rise, the price first formed an ascending triangle pattern and broke out with a surge of more than 50% in price. After reaching 50% from the breakout level, it retraced back towards the breakout level and found support two times around that level.
Now, the price has formed a descending triangle pattern. If it breaks out, it is likely to ascend towards the previous swing high, delineated by a red line.
ENTRY- as soon as it gives breakout
SL- below the support i.e. around $0.02600
TARGET- $0.04240
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#GRT price has reached the support level of $0.3200-$0.3350 . If this level is broken, the price can dump to the support level of $0.2300-0.2450.
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After reaching the dynamic resistance, the price of #MATIC started to decrease again. The bearish candles are still strong and the price may continue its downward trend until it reaches the support level of $0.7000-0.7470.
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#RSS3/USDT
It has got a potential to grow 300% in the long term
Entry: $0.42
Targets:
1) $0.490
2) $0.559
3) $0.650
It has got a potential to grow 300% in the long term
Entry: $0.42
Targets:
1) $0.490
2) $0.559
3) $0.650
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#SMT/USDT analysis-
"After a steady ascent, the price experienced its initial breakout with a surge of over 110%. Following a 100% increase from the breakout level, it underwent a correction and is now shaping a descending triangle pattern.
Should it break out above the triangle pattern, it is expected to ascend to the previous swing high. Conversely, if it breaks down below the triangle pattern, it is anticipated to descend to the previous swing low."
LONG ENTRY- as soon as it gives breakout
SL- below the support i.e. around 0.7299
TARGET 1- 1.4
SHORT ENTRY- as soon as it gives breakdown i.e. 0.7290-0.7299
SL- above the breakdown candle or above the triangle pattern swing high ie. Around 1.01
TARGET- 0.5300
"After a steady ascent, the price experienced its initial breakout with a surge of over 110%. Following a 100% increase from the breakout level, it underwent a correction and is now shaping a descending triangle pattern.
Should it break out above the triangle pattern, it is expected to ascend to the previous swing high. Conversely, if it breaks down below the triangle pattern, it is anticipated to descend to the previous swing low."
LONG ENTRY- as soon as it gives breakout
SL- below the support i.e. around 0.7299
TARGET 1- 1.4
SHORT ENTRY- as soon as it gives breakdown i.e. 0.7290-0.7299
SL- above the breakdown candle or above the triangle pattern swing high ie. Around 1.01
TARGET- 0.5300
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#ORDI/USDT analysis-
The price has found support within the range of 50-55 and has tested this level multiple times. Concurrently, the price action has formed a descending triangle pattern. Should the price experience a breakout from this pattern, there is significant potential for an upward movement.
LONG ENTRY- as soon as it gives breakout
SL- below the support i.e. around 54.9
TARGET – 87
The price has found support within the range of 50-55 and has tested this level multiple times. Concurrently, the price action has formed a descending triangle pattern. Should the price experience a breakout from this pattern, there is significant potential for an upward movement.
LONG ENTRY- as soon as it gives breakout
SL- below the support i.e. around 54.9
TARGET – 87
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