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Market Technician | #Bitcoin Maximalist Premium group: @ananielangel
#btc/usdt
Bitcoin has formed a falling wedge pattern on the 12-hour chart, which if broken out could lead to a relief rally towards $43,500🤓
#manta/usdt
MANTA spiked after listing on major exchanges but quickly reversed due to DDoS attack and crypto sell-off🧐
Now price nicely recovered, but due weak Bitcoin it may bounce from resistance and go down📉
Additional downside potential to $1.8 if bearish momentum continues📝
#btc/usd on the weekly timeframe is showing signs of potential further downward movement after last week's decline, with key support levels at $40K, $34K, and $26K💁♂️
A clean breakdown below $40K triggered more drop towards the major target zones around $34K and $26K where there is a lot of liquidity📊
#juv/usdt
Juventus token may be positioned to break out of a wedge pattern soon👀
#total2 is trading within an ascending broadening wedge pattern, facing resistance at the upper trendline💁♂️
Likely further price action within the wedge before a definitive breakout or breakdown🤓
#btc/usd
Bitcoin is showing a head and shoulders pattern on the 2-hour timeframe🔍
Confirmation could foreshadow a drop of approximately 13% based on the pattern📉
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#ark/usdt is breaking out of a descending price channel on the 6-hour chart, which could signal the start of a significant bullish rally📈
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#sei/usdt has broken out of a symmetrical triangle pattern and retested support, suggesting the uptrend may continue📈
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#astr/usdt is testing resistance at the top of its recent triangle pattern🧐
A decisive breakout could signal the start of an uptrend📈
Awaiting confirmation of breakout which dictates next major price move📝
#xrp/usdt is trading near the upper border of a symmetrical triangle pattern on the weekly chart, which could result in a breakout and move to the resistance zone📈
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#bonk/usdt
Bonk has formed an inverted head and shoulders bullish reversal pattern on the 4-hour chart, signaling further upside ahead🔼
Pattern points to 22% potential rally to neckline resistance at $0.00001788, with further upside target at $0.00002379📈
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#dot/usdt
Polkadot's coin is being monitored for a potential price bounce from the support level after successfully retesting it🧐
#sxp/usdt is moving downward in a 4-hour time frame after previous rises, but a breakout from the channel could lead to a bullish trend in the coming days🔺
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#btc/usdt
Bitcoin testing support at the 200-day moving average would be a healthy market development📝
#dydx/usdt is trading in a descending channel on 12 hours chart and is currently testing support zone,
Expecting breakout above descending channel if price bounce from the support zone🤓
If successful breakout, expecting bullish rally to $5.50-6.00📈
#apt/usdt
The break below the support zone could indicate a bearish trend🐻
$6.80 is the next potential demand zone to monitor for a possible bounce🧐
#btc/usd
Bitcoin is trading sideways inside the Ichimoku cloud with support at the ascending trendline
A break above the cloud would confirm an upside breakout📈
#eth/usdt
Price is trading sideways within a falling wedge pattern, finding support at the lower trendline🧐
MA100 indicates bullish momentum📈
A breakout from the wedge will confirm the next directional move📝
#mana/usdt
Mana has undergone a healthy price correction after a previous rally🧐
Now we have potential for 45-50% additional upside📈
Target price based on analysis is around $0.59🎯
#pepe/usdt has been trading bearishly since its December peak📉
Price may continue to decline, but there is a potential inverse head and shoulders pattern that could result in a bounce around the 90 level📈
#btc/usdt
A rising wedge pattern has formed on the Bitcoin price chart which is expected to see a solid breakout within the next 48 hours🧐
#link/usdt has been consolidating in a bullish flag pattern for the past few weeks and is now approaching a key trendline resistance🧐
A successful breakout could lead to gains of up to 20% in the coming days📈
#btc/usdt
The value of Bitcoin will likely continue decreasing🔻
#total2
The total altcoin market capitalization recently bounced off a support level but failed to break above resistance😕
Another test of resistance around $920-$960 billion may occur in the coming days which would be a bullish signal if broken🧐
#btc/usdt
Bitcoin is trading in an ascendinh channel, holding support above 100 moving average and Ichimoku cloud
A breakout or breakdown from this channel will determine the next major trend direction📝
#bnb/usdt on the 4-hour timeframe shows a bullish flag forming, which could indicate an upside breakout coming soon🧐
Need to watch for breakout above flag resistance👀
Target price if breakout occurs is $334🎯
#qtum/usdt has formed a falling wedge pattern on its chart🧐
Recently price has broken out of the falling wedge and is currently retesting support👀
Once retest completes, expects a massive bullish wave higher📈
Targets +50% profit from current levels in coming weeks🎯
#sui/usdt broke out upwards from an ascending triangle pattern👀
Ichimoku cloud indicates bullish momentum🔺
Potential continuation of upward trend📈