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Market Technician | #Bitcoin Maximalist Premium group: @ananielangel
🍣 #sushi/usdt
Price suggests a descending triangle breakout will occur soon, with a retest in progress🤔
If the retest succeeds, the price could move towards $10💁♂️
💰 #Uni
Predicted over 50% profit from a bullish price increase in the coming days if price cross the dashed resistance🧐
#perp/usdt
Finally, $PERP has started moving towards its targets😲
Get ready to see this exciting price action🚀
💰 #btc/usdt
Watching for long entry opportunity near bull flag support if downtrend continues🧐
Possible trade target at $48,000🎯
More conservative traders may take profits at flag resistance📝
Say hi to Saylor buying every #BTC dump he sees ✋
This is a -1.7% candle with 540 BTC positive delta 🥴
💰 #btc/usdt
Bitcoin has been trading sideways between $40,000 and $45,000 support and resistance levels💁♂️
Expect a breakout above $45,000 resistance triggered by optimism around SEC approval of spot Bitcoin ETFs in January📝
This could lead to a FOMO-driven rally towards $50,000📈
💰 #btc/usdt
Bitcoin's price pulled back slightly last night but the overall uptrend remains intact, with potential to reach $45,500 or even $47,500 soon📈
💰 #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🎯
#TOTAL2 is breaking out above a key resistance level👀
If sustained, this could signal further upside for altcoins toward the next resistance at $960 billion📝
💰 #sol/usdt
Solana attempted to break out above descending triangle resistance after pumping from an ascending triangle breakout
Successful break out would give a bullish confirmation signal🚀
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#qtum/usdt
Qtum is breaking out of a multi-year symmetrical triangle pattern, which if successful could lead to a 3-4 times price increase in the mid-term🧐
💰 #avax/usdt has been on a bull run over the last two months🤔
It now seems to be facing a cooling-off period after strong gains🫠
We will watch for it to test the bottom support of the channel👀
This could present a buying opportunity if support holds🔺
💰 #sol/usdt has seen massive gains recently👀
$145 and $260 are near-term resistance levels to monitor🧐
A $5,000 price target by 2025 is an extremely optimistic ""best case"" scenario🚀
⚫️ #inj/usdt forming an ascending triangle pattern that may break out upwards📈
Better to wait for a proper breakout above the triangle's resistance before buying📝
The price could still retest the triangle's support before breaking upwards☝️
💰 #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💁♂️