Crypto Signals | ChartMonkey
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πŸ“‰SHORT: $BTC by AlanSantana (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57059.00
Market Cap $1125.49B
Change 1h -0.11% | 24h -1.40%

Daily Indicators:

β€’ RSI: 32 - Neutral 🟠
β€’ MACD: -2220 - Bearish πŸ”΄
β€’ EMA: 62458 - Below πŸ”΄

Analysis:
Bitcoin's next big move is around the corner! We just underwent a four-day bearish momentum similar to the movement observed from July 2-5. As of now, the price appears to be stabilizing. Technical indicators suggest a potential further drop before any significant upward trend resumes.

Price Targets:
If bearish momentum continues, expect support at around $42,856.41 and further down at $34,957.91. Watch for these levels for potential rebounds. Keep an eye out for further analysis on possible upward targets!
πŸ“ŠNEUTRAL: $BTC by CryptoManiac101 (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $54818.00
Market Cap $1086.63B
Change 1h -1.52% | 24h -5.42%

Daily Indicators:

β€’ RSI: 28 - Oversold πŸ”΄
β€’ MACD: -2540 - Bearish πŸ”΄
β€’ EMA: 61884 - Below πŸ”΄

Analysis:
While the overall sentiment remains bullish, we should keep an eye on potential bearish trends if certain resistances aren't broken. The chart shows a noticeable downtrend in a yellow channel. If BTC can't break this channel and stay above $55,182, we might see further drops.

Price Targets:
If the bearish trend continues, watch for supports at $49,967 and $38,776. However, if BTC does manage to break key resistances, potential upside targets could hit $69,162. Stay sharp and ready for both scenarios!
πŸ“ŠNEUTRAL: $BTC by Lingrid (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $55506.00
Market Cap $1094.89B
Change 1h +0.59% | 24h -3.64%

Daily Indicators:

β€’ RSI: 29 - Oversold πŸ”΄
β€’ MACD: -2475 - Bearish πŸ”΄
β€’ EMA: 61937 - Below πŸ”΄

Analysis:
The chart illustrates the concept of APY (Annual Percentage Yield) in cryptocurrency, highlighting its significance in DeFi trading. APY represents the annual returns from staking, liquidity mining, and income farming. Observing the trend, Bitcoin fluctuates between $54,260.16 and $56,023.07, showing a potential for strategic investment.

Price Targets:
Based on the chart, immediate resistance lies around $55,857.81 while support is seen at $54,260.16. If momentum sustains, Bitcoin could aim for upper targets near $56,500.00. However, if bearish trends prevail, it might test the lower supports near $54,000.00.
πŸ“ˆLONG: $SOL by Lingrid (1D)
#SOLUSDT | #SOL | #Solana
Current Price $137.36
Market Cap $63.46B
Change 1h +4.00% | 24h -1.18%

Daily Indicators:

β€’ RSI: 47 - Neutral 🟠
β€’ MACD: -3 - Bearish πŸ”΄
β€’ EMA: 143 - Below πŸ”΄

Analysis:
SOLUSDT is currently consolidating after a bullish rally and is stuck in a range between 160.00 and 120.00. This is a perfect setup for a classic buy strategy at the lower end of the range. The current price action suggests there might be another retracement to this lower boundary before any significant upward move.

Price Targets:
A solid buy zone is around 120.00. Following this consolidation, targets can be set at 157.40 for a conservative move. If the resistance is broken, the next target could be 202.78, marking a higher resistance zone. Watch out for the support area around 114.75 if the market dips lower.

Solana's community: @solana
πŸ“‰SHORT: $BTC by SwallowPremium (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $57429.00
Market Cap $1135.70B
Change 1h -0.77% | 24h -0.44%

Daily Indicators:

β€’ RSI: 36 - Neutral 🟠
β€’ MACD: -2319 - Bearish πŸ”΄
β€’ EMA: 62062 - Below πŸ”΄

Analysis:
Bitcoin (BTC) is testing its daily 200 EMA as a new week begins. Monday saw a fakeout push to lower zones before turning bullish. The chart shows a successful breakdown of the 100 EMA and a bounce off the current levels, suggesting potential consolidation around the $60,400 to $62,210 range.

Price Targets:
If bullish momentum continues, expect resistance around $62,210. A break above may target $67,000 and potentially $72,000. Conversely, a failure to hold support at $57,888 could see BTC drop towards $50,000 and $48,676. The $57,888 level is crucial for near-term direction.
πŸ“‰SHORT: $BTC by JoeChampion (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56651.00
Market Cap $1120.04B
Change 1h -1.37% | 24h -1.51%

4-Hourly Indicators:

β€’ RSI: 46 - Neutral 🟠
β€’ MACD: -700 - Bearish πŸ”΄
β€’ EMA: 57581 - Below πŸ”΄

Analysis:
Bitcoin is approaching a crucial support and resistance zone at 58700. The persistent downtrend along with BTCUSDT being in a correction phase suggests caution. Watch this level closely as it could dictate the next direction.

Price Targets:
If Bitcoin breaks above 58700, the next target could be around 61000. On the downside, if the support fails, watch for a drop to 55000 or even 53000. Stay cautious and keep an eye on these key levels!
πŸ“ŠNEUTRAL: $BTC by TheSignalyst (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57087.00
Market Cap $1129.15B
Change 1h -0.84% | 24h -0.57%

Daily Indicators:

β€’ RSI: 35 - Neutral 🟠
β€’ MACD: -2346 - Bearish πŸ”΄
β€’ EMA: 62041 - Below πŸ”΄

Analysis: BTC is currently trading bearish within a marked falling channel (red). With a strong demand zone at $50,000 - $52,000, it's approaching oversold levels. Keep an eye on this range as a potential buy setup could arise if it holds.

Price Targets: If BTC bounces back, look for targets at $60,000, $62,000, and potentially $70,000. However, if it breaks below the demand zone, downside targets could be $42,000 and $40,000.
πŸ“‰SHORT: $BNB by SwallowPremium (4H)
#BNBUSDT | #BNB | #BNB
Current Price $514.63
Market Cap $79.21B
Change 1h +0.46% | 24h +1.25%

4-Hourly Indicators:

β€’ RSI: 49 - Neutral 🟠
β€’ MACD: -7 - Bearish πŸ”΄
β€’ EMA: 516 - Below πŸ”΄

Analysis:
BNB is looking interesting as it faces resistance in the upper white zone, now around the $540 mark. The first rejection is already visible, and more may follow as candles close. We're seeing potential signs of a trend reversal here, and it's all eyes on the next moves!

Price Targets:
If BNB breaks through this resistance, look for targets at $560 and beyond. On the downside, if the trend reverses, watch for support levels around $488 and $476. Keep an eye out for further breakouts or rejections leading the way!
πŸ“ŠNEUTRAL: $BTC by Cryptorphic (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $57204.00
Market Cap $1126.05B
Change 1h +0.04% | 24h -0.16%

Weekly Indicators:

β€’ RSI: 47 - Neutral 🟠
β€’ MACD: 3366 - Bullish 🟒
β€’ EMA: 57596 - Below πŸ”΄

Analysis:
BTC is dancing just below the critical $58.5k resistance level. It's essential to keep an eye on the $51k mark, which aligns with the 0.382 Fib retracement. This level hasn't been tested yet, but it could be pivotal for future price action.

Price Targets:
If BTC breaks above $58.5k, we could see a run towards $60.4k or even higher. Conversely, a drop below $51k might drag it down to the $44.8k or $37.9k zones. Stay sharp, and monitor these levels closely!
πŸ“‰SHORT: $BTC by LegionQ8 (1H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57270.00
Market Cap $1132.19B
Change 1h +0.17% | 24h +0.75%

Hourly Indicators:

β€’ RSI: 56 - Neutral 🟠
β€’ MACD: 50 - Bullish 🟒
β€’ EMA: 56692 - Above 🟒

Analysis:
Bitcoin is showing bearish momentum after breaking through the $63,800 level, encountering new resistance at $59,100. The chart now projects Bitcoin experiencing further downward pressure. We could see a return to the sell zone if the current resistance isn't breached successfully.

Price Targets:
Looking ahead, if Bitcoin fails to break past $59,100, we could see a drop toward the support line, with a target price (TP 1) around the $54,750 mark. Keep an eye on the price action near $57,150 as a crucial pivot point.
πŸ“ˆLONG: $BTC by ArmanShabanTrading (1W)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56881.00
Market Cap $1128.33B
Change 1h -0.44% | 24h +0.08%

Weekly Indicators:

β€’ RSI: 47 - Neutral 🟠
β€’ MACD: 3351 - Bullish 🟒
β€’ EMA: 57583 - Below πŸ”΄

Analysis:
Bitcoin's weekly chart shows it recently dipped to fill its FVG, then bounced back with an impressive 10% rise. Currently sitting at $58,300, this move indicates strong potential for further growth. The bullish momentum suggests that investors are optimistic about the coming weeks.

Price Targets:
With Bitcoin at $58,300, the next major target could be its previous high around $77,000. For a more conservative target, aiming for the $64,600 mark could be ideal. Watching the support around $52,000 is also crucial to manage downside risk.
πŸ“ŠNEUTRAL: $SOL by P_S_trade (1D)
#SOLUSDT | #SOL | #Solana
Current Price $140.83
Market Cap $65.26B
Change 1h -0.00% | 24h +2.79%

Daily Indicators:

β€’ RSI: 48 - Neutral 🟠
β€’ MACD: -3 - Bearish πŸ”΄
β€’ EMA: 143 - Below πŸ”΄

Analysis:
#Solana's #SOL price is showing remarkable resilience compared to #BTC in Q2 2024. Despite adjustments in #BTCUSDT, #Solana buyers have successfully fought off sellers four times in the past three months, indicating strong support around the red zone.

Price Targets:
The chart indicates a bullish trajectory with potential targets at $189 first, followed by $259. In the longer term, we could see #SOL aiming for $650 if the current trend strength persists.

Solana's community: @solana
πŸ“ˆLONG: $MATIC by vf_investment (1W)
#MATICUSD | #MATIC | #Polygon
Current Price $0.50
Market Cap $4.68B
Change 1h -2.38% | 24h +2.32%

Weekly Indicators:

β€’ RSI: 33 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 0.72 - Below πŸ”΄

Analysis:
MATICUSDT is in a buy zone, flirting with previous lows from the last Bull Market. The key support level is holding strong, hinting at potential accumulation and the start of a new uptrend. This might be a great time to consider entering the market!

Price Targets:
First take profit at $1.2902. Next target $1.5683. Final target reaches up to $2.7487 - $2.9360. Happy trading!

Polygon's community: @polygonofficial
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Crypto Signals | ChartMonkey pinned Β«Subscribe to ChartMonkey for daily up-to-date technical analysis from the most respected creators on TradingView. The content of this channel makes it really worth it to pin to the top if you are interested in this subject. πŸ“Œ The information and publications…»
πŸ“ŠNEUTRAL: $BTC by melikatrader94 (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56110.00
Market Cap $1104.86B
Change 1h -0.97% | 24h -1.35%

4-Hourly Indicators:

β€’ RSI: 42 - Neutral 🟠
β€’ MACD: -695 - Bearish πŸ”΄
β€’ EMA: 57387 - Below πŸ”΄

Analysis:
Before considering an upward BTC movement, it needs to break the $52K level. Once past this, breaking the top line will confirm potential upward trends.

Price Targets:
If BTC breaks $52,967.45, look out for targets around $62,421.93 and ultimately $66,031.48.
πŸ“ˆLONG: $BTC by TradingShot (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $56264.00
Market Cap $1111.74B
Change 1h -0.50% | 24h -1.47%

Weekly Indicators:

β€’ RSI: 46 - Neutral 🟠
β€’ MACD: 3287 - Bullish 🟒
β€’ EMA: 57532 - Below πŸ”΄

Analysis: This chart reveals a strong correlation between Bitcoin (BTCUSD) and the VIX, usually used for stock indices, but here it accurately predicts BTC trends. Notice how the Channel Up pattern on the 1W timeframe confirms the bullish sentiment, with Bitcoin bouncing within the channel.

Price Targets: With Bitcoin currently at $56,353, if it maintains the upward momentum, expect resistance near $63,000. On the flip side, a dip could find support around $50,000, staying within the channel boundaries. Keep an eye on VIX movements for further insights!
πŸ“‰SHORT: $BTC by KlejdiCuni (1W)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57478.00
Market Cap $1135.93B
Change 1h +0.34% | 24h +3.06%

Weekly Indicators:

β€’ RSI: 48 - Neutral 🟠
β€’ MACD: 3388 - Bullish 🟒
β€’ EMA: 57613 - Below πŸ”΄

Analysis: Bitcoin's massive bearish wave continues as the double-top pattern confirmed in prior analysis holds strong. The weekly chart shows a significant bearish candle closing below the neckline, increasing the chances of further decline.

Price Targets: Current price is $57,484.68. Watch for drops to $48,080.31 and potentially $43,253.54 if this bearish trend persists. Stay cautious and consider these targets in your trading strategies!
πŸ“ˆLONG: $BTC by RLinda (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $57419.00
Market Cap $1132.45B
Change 1h +0.18% | 24h +1.57%

Daily Indicators:

β€’ RSI: 37 - Neutral 🟠
β€’ MACD: -2339 - Bearish πŸ”΄
β€’ EMA: 61721 - Below πŸ”΄

Analysis:
Fear in the crowd isn't always bad! Bullish momentum might follow this psychological dip. Big buyers are currently preventing a downturn post the Mt. hack. A bullish flag pattern forms against the global bull market backdrop, signaling potential upward movements.

Price Targets:
The focus is on the range of $58,500 to $53,500. A breakout above $58,456 could trigger an impulse up to $64,000 or higher. Key resistance is around $71,754. Watch these levels closely!