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Market Technician | #Bitcoin Maximalist Premium group: @ananielangel
✖️ #dydx/usdt
$dYdX is updating to v4👀
They are transitioning from Ethereum's L2 network to a Cosmos-based blockchain🚀
The announcement caused their token's price to rise by more than 4%📈
💰 #link/usdt
A head and shoulders pattern neckline breakout is ongoing👀
The short-term target is in the range of $10.5-$11.0🎯
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💰 #btc/usd
Long-term expectations include a retest of support, possibly leading to a breakthrough towards 31000📈
Key support levels are at 26700 and 25400🔺
#eos/usdt is moving within a significant corrective pattern🧐
The price has tested a major support area three times and has shown positive reactions🔺
This pattern increases the chances of $EOS prices experiencing an upward movement📈
💰 #xrp/usdt
The breakdown below the ascending support trendline provides bears with an opportunity to exert downward pressure, with a potential 12.5% decline to $0.425📉
💰 #trx/usdt
Confirmation of a bearish wave has occurred🧐
Price has been declining with low volume📉
Position may see an aggressive downward move🔻
Target levels: 0.08300 and 0.08050🎯
💰 #xrp/usdt
Price is at $0.486, having lost 2.5% in the last 24 hours👀
Ripple's decision not to sell a significant portion of its monthly $XRP allotment from the escrow account is raising questions among the community🤔
A failure to defend the support at $0.48 could lead to a 34% decline to $0.33📉
💰 #btc/usd
A breakout above MA50 is seen as a strong trigger for a new growth phase📈
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Link: /channel/butterfly_charts
#gal/usdt
Whale activity often precedes major events, and they began accumulating this pair from late August to mid-September🤔
The session on October 4th resulted in a dragonfly doji, with a pattern of higher lows since June🔍
The indications point towards the potential for higher prices, with an initial target of 111.11% and further gains in the mid-term📝
💰 #btc/usdt
The current analysis anticipates a bounce from the support level📈
Two target levels are set at 28200 and 28900🎯
#gala/usdt has experienced a breakout on the daily falling wedge🤔
Considers it a promising long trade🔼
💰 #bnb/usdt
Binance Coin is currently near the support line of the channel, with potential for a bounce towards the resistance level and a breakout👀
If a breakout occurs, $BNB may undergo a retest before aiming for $220📈
💰 #xrp/usdt
Ripple is celebrating a legal victory against the SEC, which may boost sentiment around $XRP🥳
Price must hold above $0.51, supported by moving averages, to resume an uptrend📈
💰 #xrp/usdt
Anticipate of an upward movement after retest of trendline support📈
💰 #xrp/usdt has experienced a rebound from ascending trendline support👀
Current challenges include horizontal resistance and MA 200🧐
A successful breakout above horizontal resistance is essential for confirming a bullish outlook📈
In case of rejection, $XRP may revisit the trendline support📉
⚫️ #inj/usdt hit a low in June 2022 but recovered with a double bottom in December 2022👀
Volume is currently decreasing during consolidation but expected to rise later📈
💰 #ada/usdt
Altcoins, including Cardano, are experiencing high volatility amidst Bitcoin's uncertain spot ETF future🧐
$ADA's price is in a crossroads situation, oscillating within a triangle pattern👀
A possible bounce within the triangle could lead to a bullish breakout, but caution exists regarding a decline to $0.20📝
💰 #ltc/usdt
Litecoin's price trend since December 2018 has consistently involved higher lows and higher highs🤔
The longest-ever consolidation phase is currently being experienced😴
The expectation is that this consolidation phase will be followed by the strongest bullish wave, potentially leading to a new All-Time High for Litecoin📈
#floki/usdt
Price exhibits a bullish breakout followed by a retrace, forming a Cup & Handle pattern👀
The analysis supports the idea that recent bearish action was a minor retrace, and the market may be poised for growth📈
#gala/usdt
Gala has been trading within a Descending Channel since early January💁♂️
Despite the downtrend, there is a strong Bullish Divergence indicated by the 1D RSI on Higher Lows📊
A buy signal is suggested after the Lower Highs trend-line has been broken📈
💰 #doge/usdt experienced rejection at the trendline resistance🧐
The price is currently holding above horizontal support💁♂️
The Relative Strength Index (RSI) is in the oversold region📊
A potential bounce from the RSI oversold level and a strong breakout are key points to watch for📈
#bake/usdt is in a phase of realizing its potential🧐
Breaking through resistance could lead to a significant bullish opportunity, with targets specified on the chart📈
#luna/usdt
LUNA has broken a bearish resistance line established in September👀
Confirmation of the breakout awaits a daily close above the resistance📝
The target price is $2.37🎯
💰 #ftm/usdt
Price has overcome a 6-month resistance level😲
Confirmation of the breakout and retest of diagonal resistance can indicate a change in trend direction☝️
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Here is their telegram link :
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💰 #btc/usd
Bitcoin is undergoing MA100 and MA200 tests on the daily timeframe, potentially signaling an uptrend📈
The next growth target is the resistance level at $31,500🎯
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#zrx/usdt
Preparations are underway for a significant bullish rally in the midterm🧐
The focus is on testing a multi-year trendline in the weekly timeframe🔍
Expectations are set for a breakout, with a potential target of $1 in the coming months📈