#GALA is forming a falling wedge pattern💁♂️
Now price breakout from upper border, a 45-50% rally may follow📈
#BTC
Bitcoin price is consolidating around the 42K level after a false breakdown below the range support💁♂️
There is still a possibility for further decline towards 34K to liquidate buyers before the halving rally🧐
Breakout above 42-45K range would confirm bullish sentiment for further gains📈
#BTC
Bitcoin has broken out of a falling wedge pattern and moved above its 50-period moving average🧐
It is approaching a key horizontal resistance level that if broken could indicate a bullish shift📈
A rejection at the resistance could signal a potential market correction📉
#BNB
Over the past 2 days, price has dropped to around $290, which is acting as support🧐
Further declines are possible given overall market correction, making $250-270 a good zone to reversal📝
#ADA broke below a key support level where there was little buying interest, and is currently re-testing that level as resistance🧐
So far there's been a 2% price drop, but need full confirmation of the breakdown☝️
Better to wait for the retest to fully play out before determining next moves📝
#BTC
Bitcoin is break down the major $40K support zone👀
Below $40K there is no further support, allowing price to drop much lower📉
Greed and Fear index remains greedy at 55 despite price weakness📊
#NEAR shows a falling wedge pattern breakdown🧐
Entry short near current market price around $2.7🔻
Downside targets at $2.11 and, $1.52🎯
#ETH
Ethereum/Bitcoin is showing a descending triangle formation🔍
A successful breakout from this pattern could spur a major bullish move higher📈
Key upside price targets in the event of a breakout are $4,000-4,500 over the medium term🎯
#ALPINE is breaking out of a falling wedge pattern on the weekly timeframe🧐
Target upside potential is 150-200% if breakout holds🎯
#BTC
Bitcoin recently hit resistance levels and bearish divergence, signaling a local top🤔
Price has pulled back ~16% from highs, now trading around $41,000💁♂️
Breakdown below $40,000 support could trigger a larger correction towards bottom of bull channel📉
#BONK
Token reversed from the 1800 area to form a descending triangle pattern💁♂️
Sometimes bearish triangles break downwards to make new lows📉
Wait for a close below the triangle's support zone🔻
Target is around the 159 area given the token's massive 200x rally in weeks prior📝
#BTC
Price has been consolidating between $41.5k support and $44k resistance this week with mostly sideways movement😴
A breakout in either direction is expected over the weekend👨💻
#SOL
Price shows a symmetrical triangle pattern that is close to a breakout🧐
It is advised to wait for the breakout confirmation before taking new positions☝️
#BTC is currently in a similar technical position to mid-2019, overbought by the same RSI level and facing rejection at the same major resistance🧐
Correction may be incoming to allow for new buying opportunities📝
#CHZ
The price is testing resistance around $0.0835-0.0854, trying to break out above it🧐
Wait for confirmation above resistance before new longs☝️
#TRX
Tron (TRX) cryptocurrency has seen 160% growth since November, following the overall crypto market uptrend🧐
However, technical analysis shows signs of a potential market top and reversal, including a lower high after hitting the same price level👨💻
#WAXP shows a falling wedge pattern breakout in the 6-hour timeframe🧐
Price target around 20% higher than current level in coming days🎯
#PYR is showing a falling wedge pattern on the 4 hour chart which if broken out could lead to a 20-25% price increase📈
Читать полностью…#LINK has been dropping in price, falling 11% and reaching the 100 day moving average🧐
100 day MA needs to break down for more downside🔻
#WORK
The WorkX token moving within a falling wedge on its price chart💁♂️
Waiting for bounce from support zone in anticipation of more upside📈
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#DOGE dropped 5% after bounce down from the upper resistance zone which, could present a good opportunity to open a short position🐻
Читать полностью…#BTC
Price is recovering from the $40,000 demand zone, potentially heading towards resistance at $44,000🧐
The weekly close will indicate overall market direction📝
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#XEM shows falling wedge pattern in weekly timeframe👀
Successful breakout could cause 200-250% bullish price movement🚀
#USDT.D is testing support below a descending triangle pattern, which if holds could reinforce the bearish outlook📉
Bearish outlook could indicate bullish setup for other crypto📝
#CELO is testing a long-term descending trend line spanning multiple years🧐
A successful breakout could trigger a massive 200%+ bullish wave in the coming weeks🚀
#FIL shows a bullish pennant pattern on the 4-hour chart, which could lead to a 30-35% price increase if there is a breakout✈️
Читать полностью…#FTM
Fantom rejected from lower border and approached horizontal support level on the daily chart👀
If Bitcoin remains stable, Fantom could reverse from the support level🔺
#SHIB
Shiba Inu price has corrected 18% but remains within acceptable limits🧐
Whale wallets have acquired over 2.39 trillion $SHIB tokens during the correction👀
Breakout could drive $SHIB price up 16% towards $0.000015 target🎯