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Market Technician | #Bitcoin Maximalist Premium group: @ananielangel
💰 #btc/usdt
The analysis indicates a bearish outlook with the expectation of breaking below 25k📉
A profit target for a major short position is identified between 23050 and 22850🎯
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💰 #eth/usdt
Bitcoin's support at $25,000 has influenced the correction trend in cryptocurrencies😒
$ETH is currently trading near $1600, supported by an ascending trendline🧐
A rebound from this support could lead to a 5.8% increase, targeting the $1720 resistance
📈
Failure to rebound might indicate weakness in buyer conviction, potentially pushing $ETH to $1450📉
💰 #pepe/usdt
Сoin experiences an 11% drop, breaking monthly support at $0.00000082📉
The 24-hour trading volume for PEPE is $130 million, indicating a 92% gain💰
Further downside could break $0.00000078 support, leading to a 15% drop to $0.0000007⬇️
💰 #btc/usd
We trading near MA 200 and below descending trendline👀
Ichimoku cloud acting as resistance🌥
Importance of breaking out of Ichimoku cloud for upward move📈
💰 #btc/usdt
Price and volume surged after Grayscale's ETF case win🚀
$BTC's potential price targets on chart 🎯
💰 #btc/usd
Weakness visible in higher timeframe👀
Macro bullish stance maintained, but potential for downward movement exists📉
Also have possibility of a brief upward push to trap late long positions and trigger a squeeze🧐
Exist concerns about ETF narrative and potential negative effects on impatient traders if ETF launch is delayed📊
💰 #btc.d bounce up from the ascending support✈️
Expect a bullish sentiment🔺
Be aware that alts may lose value against $BTC due to a bullish BTC.D☝️
💰 #btc/usdt
Urgency to break the sideways trend by week's end to avoid prolonged range☝️
💰 #rune/usdt
Price surged on volume post breakout & Ichimoku cloud retest🔺
Now encountering horizontal resistance👀
Clearing resistance or retesting channel signals bullish confirmation📈
💲#dxy break upper border of descending channel, indicating a potential strengthening of the dollar🧐
If the $USD continues to strengthen, index could reach 108📈
💰 #btc/usd rejected at horizontal resistance and broke below MA50💁♂️
RSI extremely oversold with hidden bullish divergence👀
Sustained breakdown of support could lead to further correction📉
Bitcoin Fear and Greed Index is 52. Neutral
Current price: $29,143👀
💰 #btc/usd
High probability of testing ascending support👀
After waiting for new upward impulse📈
#total
Now price entered in area of struggle/uncertainty🤷♂️
Need to wait and see if price reaches defined support and resistance levels🫠
💰 #sol/usdt
We has seen a 1.6% gain, approaching $20📈
A falling wedge suggests a 12% breakout to $22.50, signaling a potential end to the downtrend✈️
💰 #btc/usdt
The analysis suggests a potential breakout, retest, and a target of $26,500🎯
💰 #btc/usd
Now trading dynamics include MA 200 resistance and MA 100 support🧐
RSI indicates hidden bullish divergence📊
Breaking MA 200 confirms an upward trend📈
Sustained collapse below MA 100 suggests further correction📉
💰 #eth/usd
Price has been trading within a bearish channel💁♂️
RSI indicator indicates oversold, suggesting undervaluation📊
Recent ETF news has positively impacted sentiment📰
💰 #xrp/usdt
Price exhibits sideways trend within a bearish pennant pattern🐻
Breakdown from the pattern could lead to an 18.5% drop, targeting $0.42📉
💰 #sui/usdt
SUI/USDT trying to broke out of a falling wedge pattern and retested above it with good volume🔺
The price is currently encountering resistance from the MA 100🧐
Keep on eye👀
#rndr/usdt
$RNDR's early-year gains are diminishing swiftly🫠
Anticipating a continuation of losses and a move towards the triangle's support📉
💰 #eth/usd
Ethereum rose to $1,700 from $1,630 support👀
Money Flow Index indicates outflow surpasses inflow📊
Whales reshuffling portfolios, impact on uptrend😒
Waiting for potential decline to $1,400📉
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💰 #btc/usd
Price in Ichimoku cloud, above horizontal support👀
Low volume indicates indecision😕
RSI oversold, have hidden bullish divergence📊
Liquidity below previous low near MA 100🔍
Possible grab of liquidity☝️
⚫️ #inj/usdt experienced a significant increase in price with high trading volume👀
The price movement broke below a support trendline but recovered🤔
The current price faces resistance from the MA 100, Ichimoku cloud, and trendline💁♂️
A decisive breakout above the trendline would confirm the bullish sentiment, while a rejection could lead to more consolidation🤓
#kas/usdt
Daily chart shows cup and handle pattern☕️
Price appears to be going up🔺
#btc/usd
Expect further price correction below previous lows. The structure remains bearish until breaking 48k😕
Final correction targets are around 13-11k🔻
Prices should continue down to form a correction below prior lows☝️
💰 #eth/usdt
Waiting for correction to triangle support then bounce to $1875 resistance🔺
💰 #eos/usdt
Price potentially due for 280% bullish jump in 1-3 months📈
We have 1+ year bullish RSI divergence from June 2022 lows👀