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Market Technician | #Bitcoin Maximalist Premium group: @ananielangel
💰 #xrp/usdt has been stuck below $0.64 amid market uncertainty ahead of the holidays🤔
Compared to $ADA, $XRP has seen less growth in 2022 but still has upside potential long-term📈
⚫️ #inj/usdt
Token has broken out of a rounding bottom pattern, suggesting there is upside momentum without significant resistance🚀
💰 #dash/usdt rounding bottom pattern indicating a potential upwards correction from the August lows🤔
The chart shows low risk of 20-30% and high reward potential of 240-580%, with possibility of reaching a new all-time high in the next altcoin bull phase📝
#shill/usdt
Project SHILL recently broke out of a major downtrend ongoing since its addition to KuCoin in November 2021, signaling potential for long-term growth🧐
#sxp/usdt is breaking out from a symmetrical triangle pattern👀
Successful retest, could lead to a substantial midterm rally📈
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⚫️ #inj/usdt set a new all time high price today🥳
Its ability to rebound and break previous highs mirrors $BNB and $SOL's performance in 2021 before their rallies🤔
Needs to consolidate and hold above current all time high to confirm continuation of bullish trend📈
🟢 #bch/usdt
Technical analysis indicates an symmetrical triangle chart pattern for a trading pair, with a broken resistance level suggesting further price growth to new highs after a possible minor correction.
Key Takeaways:
Symmetrical triangle and breakout suggests bullish sentiment and upside price potential📈
Immediate price target around 280, secondary target around 340🎯
💰 #btc/usdt
Bitcoin may likely declining again to retest 42800 support level📉
💰 #xrp/usdt
Price has consolidated between $0.6-0.64 recently while other major cryptos like Bitcoin and Ethereum have seen gain🧐
Now we have potential for an upside breakout which could boost $XRP to $1 if it can break a key resistance zone📝
💰 #pepe/usdt
Chart shows a inverse head and shoulders pattern, indicating the potential for a price increase, which presents a good buying opportunity📈
💰 #apt/usdt
A triangle pattern on Aptos has formed and indicates a potential breakout coming soon🚀
💰 #matic has broken out of a descending triangle pattern👀
Price moved above the Ichimoku cloud, indicating bullish momentum📈
Confirmation of an upward trend would come from a candle close above the triangle or a retest of the descending resistance📝
💰 #ada/usdt
Cardano has formed an ascending triangle pattern with price bouncing between support at $0.37 and resistance at $0.4🧐
A break above $0.4 could trigger a rally towards $1🎯
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💰 #btc/usdt
Bitcoin is consolidating above ma 100, showing signs of a potential bullish breakout or further sideways movement within the channel🧐
#flux/usdt
Flux has formed a bullish pennant chart pattern that may indicate a potential price breakout to the upside towards $1 if support holds📈
💰 #matic/usdt
MATIC shows a potential triangle breakout, which if confirmed could signal the start of a bull run and present a good buying opportunity for holding into early 2024📈
💰 #xrp/usdt rose inside an upward channel before exiting and entering a triangle pattern👀
Now price bounced between support and resistance levels between $0.59-0.64💁♂️
Target price if triangle pattern plays out as expected is around $0.64📈
💰 #aave/usdt
Higher lows anticipated after corrections ending June 2022/2023 lows📈
💰 #bnb/usdt
Price is approaching its trend resistance line, which if broken could signal a trend reversal🧐
💰 #uni/usdt is declining with the price expected to reach support at 5.25 where the 100 Moving Average provides support💁♂️
Then price may bounce up to break the descending resistance at 6.40 with a target of 8.90🎯
#rvn/usdt
Ravencoin has broken out of a descending channel on the 1-week chart, signaling a potential bullish trend reversal after an extended downtrend💁♂️
💰 #lrc/usdt shows a rounding bottom formation with the price facing resistance from the 200-day moving average
If there is a breakout above this level, further upside price targets are neckline resistance and $0.46 level🎯
💰 #uni/usdt
Token is following to a descending price channel, and recently broke descending resistance but now retesting it🤔
Breaking the pennant upper border could start a major bullish move towards $7.5🎯
💰 #eth/usd
Ethereum has reached daily highs around 2190👀
There is a high chance of further price increases📈
💰 #avax/usdt
Price has broken out of a symmetrical triangle, suggesting a likely continuation of an upward trend after potentially retesting support at the triangle🧐
💰 #algo/usdt
Algorand is in an uptrend showing a bullish pennant pattern, which suggests a potential price increase up to $0.173🎯
💰 #btc/usd
Bitcoin pulled back from $38,000 resistance, currently trading around $37,000 amid decreased investor confidence in the uptrend😒
Blockchain data shows mid-term holders increasing their $BTC balances recently, signaling a more optimistic approach📈
Long-term holders have slowed accumulation compared to last year, suggesting a next market phase🤓
🥇 #btc/usdt
Bitcoin made a new yearly high 3 days ago but failed to sustain the gains😒
Longer-term indicators are oversold, so bulls may be waiting for them to cool off before pushing higher📊
Bulls risk losing momentum if unable to break the $38k level soon📉