#1INCH🦄 has left the upward channel, but its trend is still upward.
The price strongly reacts to the specified support and resistance levels. If the price of Bitcoin decreases to $60k , $1INCH will also fall to the support level of 0.3180-0.3300 .
The probability of reaching the specified level is very high because this level is a strong demand area that has accumulated with a lot of liquidity.
The price strongly reacts to the specified support and resistance levels. If the price of Bitcoin decreases to $60k , $1INCH will also fall to the support level of 0.3180-0.3300 .
The probability of reaching the specified level is very high because this level is a strong demand area that has accumulated with a lot of liquidity.
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👍193❤73
An ascending channel has formed in the daily time frame in the #OCEAN price chart.
Recently, the price has completed an ascending harmonic pattern, and the price has reached the bottom of the ascending channel, then reacted to it.
If the price is still supported by the bottom of the channel, the price will grow according to the pattern and will reach the top of the channel after breaking the dynamic resistance.
Break under the channel could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines.
Recently, the price has completed an ascending harmonic pattern, and the price has reached the bottom of the ascending channel, then reacted to it.
If the price is still supported by the bottom of the channel, the price will grow according to the pattern and will reach the top of the channel after breaking the dynamic resistance.
Break under the channel could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines.
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The price of #AR decreased by more than 30% and reached the specified areas and has reacted to these areas.
The price recently broke the dynamic resistance and is testing it again. If the price continues above the current level and reaches above $29.830, it will resume its upward trend and try to retest the resistance level of $44.500 - $49.500. .
If the price falls below the specified level, the double top pattern in the chart will be completed, and the possibility of a decrease to $14.5 will increase.
The price recently broke the dynamic resistance and is testing it again. If the price continues above the current level and reaches above $29.830, it will resume its upward trend and try to retest the resistance level of $44.500 - $49.500. .
If the price falls below the specified level, the double top pattern in the chart will be completed, and the possibility of a decrease to $14.5 will increase.
👍140❤67
The price of #PEOPLE easily crossed the support level of $0.09700 - $0.10050. Now, this level has become a resistance.
After breaking the support, the price is now retesting that area. If the market trend continues downward in the coming week, the next target, which is the $0.04400 area, can be easily reached.
Trend is bearish in the 4-hour time frame, but it's still bullish in the higher time frame. If the price is maintained above $0.07400, the price will be returned to the previous top.
After breaking the support, the price is now retesting that area. If the market trend continues downward in the coming week, the next target, which is the $0.04400 area, can be easily reached.
Trend is bearish in the 4-hour time frame, but it's still bullish in the higher time frame. If the price is maintained above $0.07400, the price will be returned to the previous top.
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"Hey, welcome ,
It's a brand new week
crypto enthusiasts! This is your chance to set new goals, make strategic moves, and accelerate towards your dreams. Remember, success in crypto is about resilience, learning from every experience, and staying committed to your vision.
Let's kick off this week with determination and enthusiasm, knowing that every step forward brings us closer to our goals. Together, we'll navigate the challenges and celebrate the victories. Here's to a productive and rewarding week ahead!🚀
It's a brand new week
crypto enthusiasts! This is your chance to set new goals, make strategic moves, and accelerate towards your dreams. Remember, success in crypto is about resilience, learning from every experience, and staying committed to your vision.
Let's kick off this week with determination and enthusiasm, knowing that every step forward brings us closer to our goals. Together, we'll navigate the challenges and celebrate the victories. Here's to a productive and rewarding week ahead!🚀
👍240❤77
Let's take an overview of #Bitcoin🪙 momentums in the last two weeks:
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
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👍147❤42
Bitcoin🪙 miners sold over 30,000 $BTC (~$2bn) in June, marking a record high for the year
This is one of the reasons for the recent drop in prices
This is one of the reasons for the recent drop in prices
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#Ethereum⚪️ has performed better than Bitcoin in the last two weeks.
Now the price is moving in the channel of an ascending flag pattern, these fluctuations can be considered to correct the upward step that the price has already done, so the trend is still upward.
Seeing the change from green to red candles, I am assuming that the market is witnessing a period of uncertainty and doubt.
If Ethereum moves to hit a new high vs late May, we can consider higher prices because the chart structure changed.
As long as the May high holds as resistance, we continue aiming lower.
Now the price is moving in the channel of an ascending flag pattern, these fluctuations can be considered to correct the upward step that the price has already done, so the trend is still upward.
Seeing the change from green to red candles, I am assuming that the market is witnessing a period of uncertainty and doubt.
If Ethereum moves to hit a new high vs late May, we can consider higher prices because the chart structure changed.
As long as the May high holds as resistance, we continue aiming lower.
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👍208❤60
The resistance level of $23.60 - $22.850 in the daily time frame is a very important supply area, and the #LINK 🔹 price has fallen by more than 40% every time from this level .
price has reached it's support zone of $11.83 - $12.5, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range .
price has reached it's support zone of $11.83 - $12.5, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range .
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👍261❤90
#FTM has broken the uptrend line on the daily time frame, but the trend is still unchanged.
The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far.
The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken.
As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish.
The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far.
The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken.
As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish.
👍189❤49
According to the downward pattern formed on the chart and the previous analysis, the price of #BCH decreased by about 20%.
The formation of an excellent and valid example of the double top pattern, which is a return pattern and indicates that the upward trend will change to a downward trend in the $BCH chart, in the first step, caused the price to drop to $400.0, which was actually the main target, but The bearish trend continued strongly and the price dropped to the important demand level of $340.0-350.0, ( this level is very important in the daily and 4-hour time frame ) , then strongly returned from that area.
Probably, the price will have a little fluctuation in this area, and then it will move towards important resistances.
The formation of an excellent and valid example of the double top pattern, which is a return pattern and indicates that the upward trend will change to a downward trend in the $BCH chart, in the first step, caused the price to drop to $400.0, which was actually the main target, but The bearish trend continued strongly and the price dropped to the important demand level of $340.0-350.0, ( this level is very important in the daily and 4-hour time frame ) , then strongly returned from that area.
Probably, the price will have a little fluctuation in this area, and then it will move towards important resistances.
👍172❤53
In the daily time frame, the price of #MKR🟩 has left the ascending channel. After the breakout, the price again returned to the dynamic support of the channel.
The price has now dropped to the support level of $2,250-$2,050. Although the price has left the ascending channel, it is an upward trend as long as it trades above the current level.
If the price decreases from the current level, the trend will change. 🔻
If the price returns to the dynamic resistance and can cross it, the upward trend will continue.🔺
The price has now dropped to the support level of $2,250-$2,050. Although the price has left the ascending channel, it is an upward trend as long as it trades above the current level.
If the price decreases from the current level, the trend will change. 🔻
If the price returns to the dynamic resistance and can cross it, the upward trend will continue.🔺
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👍166❤51
The price of #WOO moving in an ascending channel in the daily time frame.
The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
👍180❤60
#Zcash has almost reached its historic bottom. The descending channel in which the price is still moving in that after more than 2 years.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
👍147❤51
#NEAR has completed the modification stage. The trend is still upward.
The price has broken the upward trend line and returned to the demand level of 4.9$-4.3$. It's expected this level will support the price this time and price retest the trend line.
Everything depends on the general trend of the market. Altcoins follow the fluctuations of Bitcoin. Regarding this currency, it seems that the correction process is over, and the price can return to $8 . The current level should be maintained.
The price has broken the upward trend line and returned to the demand level of 4.9$-4.3$. It's expected this level will support the price this time and price retest the trend line.
Everything depends on the general trend of the market. Altcoins follow the fluctuations of Bitcoin. Regarding this currency, it seems that the correction process is over, and the price can return to $8 . The current level should be maintained.
❤172👍102
The price of #RLC has reached the support level of $1.900-$2.020 .
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
👍185❤50
The price of #DOGE is now facing the demand level of $0.11200-0.11500. If this level is broken, the correction will continue.
Therefore, as long as the price is still below $0.16, the closest target to it can be the $0.095 area.
Due to the fact that Dogecoin moves in a downward channel, it is more likely that the price will fall to the bottom of the channel. But if the price can maintain the current level and return to the ceiling of the channel, it can break the dynamic resistance and return to the level of $0.170-0.176.
Therefore, as long as the price is still below $0.16, the closest target to it can be the $0.095 area.
Due to the fact that Dogecoin moves in a downward channel, it is more likely that the price will fall to the bottom of the channel. But if the price can maintain the current level and return to the ceiling of the channel, it can break the dynamic resistance and return to the level of $0.170-0.176.
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#Bitcoin’s🪙 price has experienced mounting sell-side pressure, causing it to shed more than 5.5% over the last seven days and setting a six-week low at $58,400 on June 25.
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
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