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We provide only technical based charts here for alts coins as well as btc We believe in charts and TA. Not an Investment Advice Do your Own RESEARCH always
According to the previous analysis, after breaking the support level of $0.1075 - 0.115, #Dogecoin🐶 fell to the bottom of the descending channel.
The bottom of the channel has supported the price well and the price has returned to the broken level.
Considering that this return has been relatively appropriate, we can expect that the price will return to the ceiling of the channel, but after collecting the necessary liquidity for a strong growth.
#ENA poured heavily even from the descending channel and reached the level of support , vital and initial demand.
The $0.350-$0.300 level is the last support level that can be considered for the price and the price has respected it so far.
The main scenario is the breaking of the dynamic resistance and then returning to it and starting to grow up to the previous peaks. To maintain this scenario, the price must still trade above the current level.
Recently, #VET has been following a descending resistance trajectory , and faced a strong rejection from the internal resistance at $0.03400 and losed momentum.As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $0.02543.
As long as #VETUSDT has not been able to cross the dynamic resistance, it will be a downward trend. Currently, the most important support area is $0.01940 to $0.01830, and the price may continue to decline until it reaches this level due to the successive bearish candles that have formed.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
#PEPE😀 has been respecting the descending resistance line, repeatedly getting rejected at this level.
The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066.
For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend.
There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested.
#Bitcoin🪙 made a good return from the bottom of the channel and recovered to $58,000, it has reacted to the middle line of the downward channel and there is a possibility of the price returning to the bottom of the channel 🔻. If it crosses the middle line of the channel, the first target is to return to $61,000🔺.
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#Ethereum🔹 has returned to its main demand level, maintaining the level of 2870-3030 dollars in the 4-hour period is a sign of the continuation of the upward trend.
The reform process has intensified. The price moves in the ascending channel on daily timeframe, and the probability of the price returning to the floor and the area of $1900-$2120 is high.
When the price drop becomes intense, fear dominates the market, and many whales take advantage of the opportunity and invest in safe currencies.
#SFP again returned to the broken support of the ascending channel and tested it, but failed to enter the channel and returned again.
Although this currency does not fluctuate much, it strongly reacts to the limits of $0.8560 and $0.6200. These supply and demand levels are very important for the price. Therefore, the price will return to the level of demand. .
Following the previous analysis, the price of #BCH returned to the $400.0 area and reacted to it again.
It is now moving above the demand level of $340.0-350.0. By checking the trend of this currency, it can be seen that the price may fluctuate for a while in these areas and then start to grow. Maintaining the current level is very important for the price. In fact, maintaining this level means continuing the upward trend and breaking from this level means starting the downward trend.
#Solana is now trading in a flag pattern on the daily time frame, and a strong uptrend is forming at the end of this pattern.
It seems that all these corrections and fluctuations are a preparation to start a stronger trend. Therefore, we wait for the price to return to the dynamic resistance and pay attention to how it reacts. If the failure is confirmed, we will see a good growth.
#UMA is decreasing in a descending channel in the 4-hour time frame.
Maintaining the level of 2,330-2,410 dollars is very important for the price, but according to the pattern of two peaks formed in the chart, the price can decrease to the bottom of the channel according to the pattern. So, the first target is $2.100. Currently, this scenario is much more likely.
#RSR has finally reached the level of demand. As you can see in the chart, this level supported the price well before.
The price is forming an ascending triangle pattern, and according to it, it is expected from the level of -$0.005360.
$0.004800 starts to continue to grow until the dynamic resistance of the pattern.
Maintaining the current level is very important.
#Chiliz has made significant moves, and it is very important to check it.
The formation of an upward harmonic pattern caused the price to grow by about 80% and reach the resistance level of $0.1630-0.1680.
Then, the price reacted strongly to the resistance level and corrected more than 100%.
Now, the price has reached the support level of $0.0720-0.0670. If the current level is maintained, the price will grow. The trend is still bullish, and if the price falls from the current level, it will return to $0.0560. The general trend of the market is improving, and the bullish scenario is more likely.
Bitcoin's🪙 volatility is a measurement of how much Bitcoin's price fluctuates, relative to the average price in a given time period. Volatility measures past performance of price and is used to predict how likely it is that the price will change dramatically. The higher the volatility – the riskier the asset.
With the reduction of volatility, the investment risk has now decreased.
The bottom of the ascending channel in the 4-hour time frame could not support the price of #UNI, and the price has now reached the demand level.
The $8.220-$8.800 level is very important for the price, and if the selling pressure breaks it, we will see a deep fall in the price.
If the price maintains the current level, it will return to the specified resistance, and the upward trend will be maintained.
After breaking the downward trend line, the price of #ARPA still failed to cross the resistance level.
The price is now moving between the resistance and support levels. Support $0.04450 and resistance $0.05000 - $0.05060.
According to breaking the trend line, there is a possibility of price growth up to the specified resistance.
If the price falls from the dynamic support, it will reach the support level.
#PEOPLE reached the set levels, after passing from $0.09700 - $0.10050, the price fell sharply. (about 50%)
With the increase in selling pressure and the prevailing fear in the market, the price continued to fall after breaking the $0.07400 level and fell to the $0.04400 area. Now the price has experienced some improvement.
The recent price drop has been very strong, but considering the strong upward trends that this currency has created in the past, we can expect a strong return to the broken levels from the price.
#GRT is moving in a descending channel on the daily time frame, which is actually part of a bullish flag pattern.
To maintain the upward trend in the higher time frame, the price should be maintained above the level of 0.150 -0.136 .
Breaking this level means changing the trend and making sellers stronger. The price needs some rest in the areas of this level to return. After reaching the bottom of the channel and the demand level, there is a possibility of the price returning to the channel ceiling and the resistance area of $0.33 - $0.355 .
#ZENUSDT has broken a dynamic resistance in the daily time frame and has now retested it.
#ZEN is showing a strong probability of a bullish continuation . consistently respected the descending resistance. Recently, it broke upward and completed a retest phase. Currently, it’s resistance at $10.50 - 9.80 . The bullish probabilities are strong due to the formation of strong candles, the breakout of a strong descending resistance, and the creation of bullish momentum at key support levels.
if the price fails to ascend from the support at $8.5 and loses momentum, this scenario would clearly indicate that seller sentiment is in control, and #ZEN could drop significantly.
#TRON🔻 is moving upward with confidence, consistently making new highs and closing above them.
The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension.
#TRX is likely to experience a correction against the trend soon, as it has reached the strong resistance at $0.13 . This correction will present an opportunity to go long. We expect the price to pull back following the level breakout and then continue trending upwards. the first target is resistance zone at $0.145
#BinanceCoin recovered the broken level of $470-500 and is now trading above it.
The price has left the ascending channel formed in the daily time frame, but as long as it is above the current level, it will be an upward trend.
Considering that this area is a strong demand level, it increases the possibility of the price returning to the resistance level of $635.0-$660.0 .
#Bitcoin🪙 has decreased by more than 6% in the last 24 hours.
The descending channel in which the price used to move has changed and has become larger, and now the price is trading at the bottom of the channel.
The demand level of $57500-$56200 - was also violated, and the pattern of 2 peaks in the chart is completed. If the price wants to move according to the pattern, it will return to the level of $48000-$47000 .
According to the previous analysis, the upward trend in the #MKR chart is still maintained in the daily time frame.
The price returned to the dynamic resistance and reacted to it again. The price is still moving above the level of $2250-$2050 . By carefully observing how to grow and then correct the price, you can expect to break out of the pattern and grow again to the top of the channel. But first, we have to wait for dynamic resistance to break.
#RUNE is in a delicate position. Maintaining the level of $3.700-$4.160 - is very important.
The head and shoulder pattern is formed in the weekly time frame. There is still an upward trend in the 4-hour time frame and daily.
Now, the price is retesting the neckline. If this level is broken, the price will fall to $2.00-$2.26 according to the pattern.
If the current level is maintained, the first goal is to return to the dynamic resistance
#UNFI has returned to the resistance level of $4.8-$5.9.
The price should break out of the descending channel and trade above $6.660 level to start another uptrend.
If this time the price reacts to this level and can not cross it and break out the dynamic support, it will drop to the support level of $2.5 -$3.0 .
The price of #REN has returned to its historical price floor of 4 years.
The 0.04000-0.04400 level has been able to support the price well for the last year or so, and now the price is reacting to it again. Therefore, maintaining the current level is very important.
It is expected that the price will return to the specified dynamic resistance, and then we will move according to its reaction.
#BinanceCoin🔸 has reached the level of demand. And it is out of resistance and pattern. .
It seems that the price has collected a lot of liquidity at the level of $550.0-$560.0 . The correction process has also been slowed. Breaking and exiting of the pattern is also a sign of the continuation of the upward trend. Therefore, the first scenario of price growth to the very important resistance level is $635 -$660 .
#GAL fell sharply from the support level of $3.15-$3.0 and reached the bottom of the descending channel.
It seems that the correction process will end soon, but the price needs some time to rest and accumulate liquidity.
If the current level is maintained, the price will return to the broken support.
Breaking the bottom of the channel and the current level will push the price towards $1.650.
#Bitcoin🪙 price dropped to $58,520 and returned to the descending channel before reaching the support level.
The descending channel is still valid, and if the price can break it upwards, it is a sign of the resumption of the ascent towards the resistance level of $72,000-74,000. Otherwise, the price will decrease to the support level of $57500-$56200 .
#EDU is correcting a great bullish move. The price has reached an important demand level.
In the first step, the price must cross the dynamic resistance and then continue the upward trend.
If the price is traded below the level of $0.5360-$0.5587 , the continuation of the downward trend is more likely.
#AXS is testing a supply level that can continue to grow until the next supply level by successfully passing this level.
If $AXS manages to break the supply level of $6.500-$6.300 in the daily chart and close above it, it will show an upward confirmation, which indicates the continuation of the upward movement towards the target resistance zone.
If the price fails to break through the current resistance level, there may be a potential return to lower levels, and the price can fall to the demand area of $5.400.