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🕶Just providing analyzes on regular basis. #Crypto #Alts 📲 @cyberdavid1 Not Financial Advice
🟣 #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🧐
✖️ #DYDX appears bearish short-term but has strong support at various levels.
The upcoming token unlock and increased supply may negatively impact price based on economics, however hype pre-unlock could push $DYDX to new highs of $4-5📝
Over the past week, CME institutionals have added even more long contracts, increasing them by 6% and still zero shorts 🤔
More action → soon ⏳
#BTC
💰 #BTC recently bounced from ascending trendline support and the 100-day moving average🧐
Bullish confirmation needs a decisive breakout above horizontal resistance📈
A sustained breakdown of the ascending trendline suggests a potential short-term correction📉
💰 #BTC
Anticipate a Bitcoin decline after forming reverse cup & handle pattern📉
💰 #AVAX undergoes a significant recovery, surpassing 40% growth in the past three days🔍
The coin breaks a falling wedge pattern, signaling a pivotal moment for a trend reversal📈
Price, currently at $17.70 and has a medium-term target of $30🎯
💰 #BTC
Bitcoin's bullish breakout from a rising wedge pattern indicates a potential rally to $48K📈
💰 #ETH's recent gains have not yet led to a breakout from the $2000-$2150 resistance range🧐
Market strength raises the possibility of $ETH surpassing the resistance📝
#MEME experiences a 40% correction, trading at $0.01785 from a peak of $0.0293🧐
Formation of a flag pattern suggests potential for a bullish continuation📈
💰 #ETH is in a bearish channel, seen as a corrective pattern🔻
Relying on "1234 - abcd" impulsive waves pattern advises waiting until price either rejects or breaks the upper trend line📝
#CELO has gained market interest after breaking the resistance and the 200-day moving average🧐
Increasing volumes and market interest indicate a potentially bullish phase📈
A consolidation above 0.555 could confirm buying potential and serve as an ideal entry point🔺
Anticipated price targets include 0.720 and 0.900🎯
💰 #BTC
Bitcoin has encountered resistance around $36,000, causing volatility and the potential for a correction😕
A rising channel pattern suggests possible sideways movement between $36,000 and $35,000💁♂️
A break below the pattern's lower trendline could lead to a short-term bearish correction📉
There is a possibility that the $BTC price could drop back to $30,000 in the next correction phase🔽
💰 #MATIC
The daily session for Polygon is at a multi-month high👀
Trading volume is favoring the bulls, indicating strong buying interest📈
The consolidation phase has concluded, making way for potential upward movement🔺
💰 #BTC
Bitcoin's price behavior often involves consolidation periods after major or abrupt price changes💁♂️
These consolidation phases imply a stabilization or pause in price movement☝️
💰 #UNI
Uniswap could reach a price target of $8 based on a cup and handle pattern☕️
💰 #BTC
Bitcoin is trading above a 100-day MA and Ichimoku Cloud show potential bullish sentiment🚀
Breaking above the resistance zone decisively would confirm bullish outlook📈
Facing rejection could lead to more consolidation📉
💰 #BTC is above the ascending trendline support and the MA 100👀
The presence within the Ichimoku cloud signals a period of short-term indecision in the market🤷♂️
💰 #USDT.D
Peaks in USDT dominance historically coincide with crypto corrections🤔
Average correction after updating annual maxima is -48.72%📝
Current USDT dominance decrease is -34.32%📉
Approximately 1/4 of market movement reserve remains before touching the ascending trendline🧐
💰 #UNI
The price movement is confined between MA 50 and MA 100🤔
The breakout of MA 100 and the descending resistance on the 3-days chart may lead to the continuation of the uptrend🔼
💰 #XRP
Cup and handle pattern formation in $XRP indicates a possible bullish breakout📈
Target rally beyond $0.82 and $1.00 if successfully surpassed🔺
$XRP's price influenced by Bitcoin's recent pullback and the ongoing SEC case against Ripple📝
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💰 #NEAR
October 2023, marks the likely low of the bear market for $NEAR💁♂️
After breaking Adam & Eve neckline $NEAR signaling only positive momentum📈
❗️The iShares Ethereum Trust has just been registered in Delaware.
For context, BlackRock's iShares Bitcoin Trust was registered in a similar manner 7 days before they filed the ETF application with the SEC
💰 #BTC
A consolidation phase within a rising channel pattern threatens a potential bearish correction📉
A breakdown from the support trendline may lead to a pullback to support🧐
A breakdown below the support could result in a 8% potential loss, with the price falling to $30,000🔻
💰 #XRP
Suggest a possible decline from the resistance line with a target at $0.6020🎯
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💰 #BTC saw a surge in volume following a symmetrical triangle breakout🧐
The price re-entered the triangle to test the support trendline, with additional support from Ichimoku and the MA 100🔺
Anticipate an upward movement, provided that the price remains above the Ichimoku cloud📈
💰 #AVAX
We have the possibility of further gains to $20 if $14 is breached📈
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