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🕶Just providing analyzes on regular basis. #Crypto #Alts 📲 @cyberdavid1 Not Financial Advice
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💰 #BTC
Bitcoin is trading in a triangle pattern, hovering near the 200-day moving average support level, awaiting a breakout💁♂️
#WOO
A symmetrical triangle breakout has occurred, signaling a bullish momentum shift📈
Price is currently need to retest prior resistance turned support around breakout zone🧐
Successful defense of support on retest confirms bullish bias and opens door for rally🚀
💰 #BTC is experiencing a healthy pullback to retest support around $40,450, which if broken could lead to a more significant correction down to the $35,000 - $36,000 area🔽
Good opportunity to buy the dip in top altcoins😏
💰 #BNB has been in a downward trending bear flag pattern since May 2022, recently bouncing up from the support zone👀
Target prices are $316 and $398🎯
#TWT
After a recent correction, price may find support around current levels for a potential bullish move up✈️
#JASMY breakout descending channel after consolidation👀
Moving averages signaling bullish momentum🔺
Potential target is located near $0.008🎯
#RNDR shows a cup and handle pattern breakout, indicating potential for the price to reach previous all-time highs🧐
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💰 #LTC
Price is rising after consolidating around $70 level🧐
Upside potential remains, with targets at $84, $91, and $103🎯
💰 #XRP
Price is trading sideways within a symmetrical triangle pattern and has bounced off the trendlines twice🧐
A breakout from the triangle could lead to either a continuation of the recovery trend with the price reaching $0.7 if the breakout is upward📝
💰 #TON demonstrating excellent fundamentals, with signs of bullish accumulation that may soon be realized🤔
Price consolidating under major ascending support, within an ascending channel💁♂️
Waiting for resistance breakout to go long📈
💰 #ETH
Ethereum trades near the channel support, possibly bouncing up before falling to target the 1955 support zone🔍
Usually the cycle of Bitcoin → majors → alts ends with some scam pumps and this list of top-gainers looks like total shit 💩
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#ARK formed bullish pennant pattern👀
Waiting for breakout of descending resistance to rise continuation🔼
💰 #UNI
Uniswap could reach a price target of $8 based on a cup and handle pattern☕️
💰 #ETH has formed a symmetrical triangle pattern🔍
A breakout or breakdown from the triangle could result in a 20% price move🔺🔻
💰 #XRP has been underperforming lately compared to other major cryptocurrencies, trading sideways within a symmetrical triangle pattern between $0.59 and $0.7🧐
Consolidation within the triangle is likely but a decisive breakout in either direction would shift momentum📝
⚫️ #INJ
The Injective Protocol's native token INJ has seen a 67% weekly price surge to $25 due to increased social media buzz🧐
Formed bullish rounding bottom, indicating potential for further upside to $30 or even $50📈
👀 Upcoming key events for the markets:
Today, 13:30 UTC — CPI
Tomorrow, 13.12.2023, 19:00 UTC — Fed Interest Rate Decision
Tomorrow, 13.12.2023, 19:30 UTC — Fed Press Conference
Get ready for increased volatility 📉📈
💰 #BTC
Breakdown from rising wedge pattern projects 8% price drop📉
RSI showing bearish divergence that forces future correction☝️
Support level at $41,000 if further downside persists🔺
💰 #BTC is trading inside a bullish flag pattern within the Ichimoku cloud👀
A solid breakout of the bull flag would confirm the bullish setup📈
Sustained breakdown of the Ichimoku cloud could lead to a correction📉
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💰 #ETH
Price rose in ascending channel and bounced off resistance back down towards channel support around $2125👀
Waiting for bounce up🔺
💰 #BTC
Bitcoin has been trading in a ascending channel for 40 days👀
A strong breakout from the channel could see prices rise to $46,000-$48,000📈
💰 #DOGE is trading above its 50-day moving average on the weekly timeframe🧐
Zooming out shows Dogecoin is positioned for overall growth long-term, though the crypto market tends to correlate in the short term📝
💰 #BTC
Price is breaking out from an ascending triangle pattern, which would be a bullish signal if the current 12-hour candle closes above the resistance level🧐
💰 #XRP
Price has broken out from a flag pattern after a 22% correction, suggesting an end to the pullback phase🧐
The breakout has already enabled $XRP to regain 3.6%, with a potential 18% rally targeting resistance around $0.72📈
💰 #BTC has attempted but failed to surpass key resistance around $38,000😒
Breakout and successful retest of that level is needed for confirmation of an uptrend🔺
Otherwise a rejection could result in a retest of ascending support🔻
🟣 #MATIC
Price is on the rise, aiming for a breakout beyond $1📈
Key to watch: breakout above the channel and the $0.8 resistance zone📝
💰 #XRP
Price is declining toward the 0.5400-0.5600 support zone which may provide a buying opportunity🧐