The price of #TRB reacts well to the top and bottom of the descending channel that is part of a bullish flag pattern.
The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110.
The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110.
The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
As you can see in the chart, the price of #UNFI has fluctuated a lot recently, and whales are pumping and dumping the price .
The price moves in a downward channel. The $2.500-$3.000 level is considered a very important demand area and still has the potential to support the price. Recently, a resistance area has been formed in the range of $4.800-$5.900 , and if the price can cross it and stabilize above it, it means that the upward trend has resumed.
If the specified support level is violated and the price falls below it, we will wait for prices lower than the price, and the bullish scenario will be invalidated.
The price moves in a downward channel. The $2.500-$3.000 level is considered a very important demand area and still has the potential to support the price. Recently, a resistance area has been formed in the range of $4.800-$5.900 , and if the price can cross it and stabilize above it, it means that the upward trend has resumed.
If the specified support level is violated and the price falls below it, we will wait for prices lower than the price, and the bullish scenario will be invalidated.
Contrary to the general situation of the market, #SFP has not decreased much and is still moving in its upward trend.
The price is moving between resistance and support areas and has reacted to these areas until now. The ascending channel has been broken, and its support has been tested again, so the price will probably decrease to the support level of $0.6100. Until the support level is broken, the trend is still bullish.
The price is moving between resistance and support areas and has reacted to these areas until now. The ascending channel has been broken, and its support has been tested again, so the price will probably decrease to the support level of $0.6100. Until the support level is broken, the trend is still bullish.
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The price of #PEPE , along with a dynamic resistance, is correcting a very upward trend.
The price has exited the very upward channel. The possibility of returning and continuing correction until the price reaches the demand area of $0.0000080 - $0.00000890 is very high. If the price can keep itself above this level, there is a possibility of starting another bullish step.
If the price falls below the specified area, we may see a big dump.
The price has exited the very upward channel. The possibility of returning and continuing correction until the price reaches the demand area of $0.0000080 - $0.00000890 is very high. If the price can keep itself above this level, there is a possibility of starting another bullish step.
If the price falls below the specified area, we may see a big dump.
Altcoin prices can benefit indirectly
When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.
The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.
The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including #SOL , #ADA , #MATIC
projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.
When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.
The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.
The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including #SOL , #ADA , #MATIC
projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.
The price of #UNI🦄 reached the previous ceiling and decreased again by 20%.
$UNI has good potential and has made significant moves recently. The price has now reached the bottom of the ascending channel, so in addition to the support level indicated in the chart, the bottom of the channel will also be strong support for the price.
The price is expected to act as before and rise again to retest the minor resistance area at $11.930. If the price can reach that area again, it will probably break it and move towards the next resistance.
If the price drops below the support level, the bullish scenario will be completely violated. Therefore, keeping the price above this level is very important.
$UNI has good potential and has made significant moves recently. The price has now reached the bottom of the ascending channel, so in addition to the support level indicated in the chart, the bottom of the channel will also be strong support for the price.
The price is expected to act as before and rise again to retest the minor resistance area at $11.930. If the price can reach that area again, it will probably break it and move towards the next resistance.
If the price drops below the support level, the bullish scenario will be completely violated. Therefore, keeping the price above this level is very important.
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#Arbitrum🏧 has broken the ascending channel in the daily time frame.
$ARB price has dropped to the very important demand level of $0.7350-$0.7850. As you see in the chart, the price supported from this area before very well, and it grew more than 150%, so there is a possibility of support again.
Bearish candles are still strong, and if the price reaches below the current level, it means that the decline will continue and the possibility of the price moving towards the last available support, the $0.5000-$0.5300 area, will increase.
$ARB price has dropped to the very important demand level of $0.7350-$0.7850. As you see in the chart, the price supported from this area before very well, and it grew more than 150%, so there is a possibility of support again.
Bearish candles are still strong, and if the price reaches below the current level, it means that the decline will continue and the possibility of the price moving towards the last available support, the $0.5000-$0.5300 area, will increase.
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#1INCH🦄 has left the upward channel, but its trend is still upward.
The price strongly reacts to the specified support and resistance levels. If the price of Bitcoin decreases to $60k , $1INCH will also fall to the support level of 0.3180-0.3300 .
The probability of reaching the specified level is very high because this level is a strong demand area that has accumulated with a lot of liquidity.
The price strongly reacts to the specified support and resistance levels. If the price of Bitcoin decreases to $60k , $1INCH will also fall to the support level of 0.3180-0.3300 .
The probability of reaching the specified level is very high because this level is a strong demand area that has accumulated with a lot of liquidity.
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An ascending channel has formed in the daily time frame in the #OCEAN price chart.
Recently, the price has completed an ascending harmonic pattern, and the price has reached the bottom of the ascending channel, then reacted to it.
If the price is still supported by the bottom of the channel, the price will grow according to the pattern and will reach the top of the channel after breaking the dynamic resistance.
Break under the channel could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines.
Recently, the price has completed an ascending harmonic pattern, and the price has reached the bottom of the ascending channel, then reacted to it.
If the price is still supported by the bottom of the channel, the price will grow according to the pattern and will reach the top of the channel after breaking the dynamic resistance.
Break under the channel could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines.
The price of #AR decreased by more than 30% and reached the specified areas and has reacted to these areas.
The price recently broke the dynamic resistance and is testing it again. If the price continues above the current level and reaches above $29.830, it will resume its upward trend and try to retest the resistance level of $44.500 - $49.500. .
If the price falls below the specified level, the double top pattern in the chart will be completed, and the possibility of a decrease to $14.5 will increase.
The price recently broke the dynamic resistance and is testing it again. If the price continues above the current level and reaches above $29.830, it will resume its upward trend and try to retest the resistance level of $44.500 - $49.500. .
If the price falls below the specified level, the double top pattern in the chart will be completed, and the possibility of a decrease to $14.5 will increase.
The price of #PEOPLE easily crossed the support level of $0.09700 - $0.10050. Now, this level has become a resistance.
After breaking the support, the price is now retesting that area. If the market trend continues downward in the coming week, the next target, which is the $0.04400 area, can be easily reached.
Trend is bearish in the 4-hour time frame, but it's still bullish in the higher time frame. If the price is maintained above $0.07400, the price will be returned to the previous top.
After breaking the support, the price is now retesting that area. If the market trend continues downward in the coming week, the next target, which is the $0.04400 area, can be easily reached.
Trend is bearish in the 4-hour time frame, but it's still bullish in the higher time frame. If the price is maintained above $0.07400, the price will be returned to the previous top.
"Hey, welcome ,
It's a brand new week
crypto enthusiasts! This is your chance to set new goals, make strategic moves, and accelerate towards your dreams. Remember, success in crypto is about resilience, learning from every experience, and staying committed to your vision.
Let's kick off this week with determination and enthusiasm, knowing that every step forward brings us closer to our goals. Together, we'll navigate the challenges and celebrate the victories. Here's to a productive and rewarding week ahead!🚀
It's a brand new week
crypto enthusiasts! This is your chance to set new goals, make strategic moves, and accelerate towards your dreams. Remember, success in crypto is about resilience, learning from every experience, and staying committed to your vision.
Let's kick off this week with determination and enthusiasm, knowing that every step forward brings us closer to our goals. Together, we'll navigate the challenges and celebrate the victories. Here's to a productive and rewarding week ahead!🚀
Let's take an overview of #Bitcoin🪙 momentums in the last two weeks:
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
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Bitcoin🪙 miners sold over 30,000 $BTC (~$2bn) in June, marking a record high for the year
This is one of the reasons for the recent drop in prices
This is one of the reasons for the recent drop in prices
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#Ethereum⚪️ has performed better than Bitcoin in the last two weeks.
Now the price is moving in the channel of an ascending flag pattern, these fluctuations can be considered to correct the upward step that the price has already done, so the trend is still upward.
Seeing the change from green to red candles, I am assuming that the market is witnessing a period of uncertainty and doubt.
If Ethereum moves to hit a new high vs late May, we can consider higher prices because the chart structure changed.
As long as the May high holds as resistance, we continue aiming lower.
Now the price is moving in the channel of an ascending flag pattern, these fluctuations can be considered to correct the upward step that the price has already done, so the trend is still upward.
Seeing the change from green to red candles, I am assuming that the market is witnessing a period of uncertainty and doubt.
If Ethereum moves to hit a new high vs late May, we can consider higher prices because the chart structure changed.
As long as the May high holds as resistance, we continue aiming lower.
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The resistance level of $23.60 - $22.850 in the daily time frame is a very important supply area, and the #LINK 🔹 price has fallen by more than 40% every time from this level .
price has reached it's support zone of $11.83 - $12.5, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range .
price has reached it's support zone of $11.83 - $12.5, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range .
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#FTM has broken the uptrend line on the daily time frame, but the trend is still unchanged.
The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far.
The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken.
As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish.
The price started to decrease after reaching the ceiling of $1.23 and has decreased by more than 50% so far.
The price recently reached the support level of $0.4500-0.5700 and actually tested the dynamic resistance that was broken.
As long as the price remains higher than the current level, it is an upward trend, and we can expect a strong return to the previous ceiling. But if this level is violated, trend will change to bearish.
According to the downward pattern formed on the chart and the previous analysis, the price of #BCH decreased by about 20%.
The formation of an excellent and valid example of the double top pattern, which is a return pattern and indicates that the upward trend will change to a downward trend in the $BCH chart, in the first step, caused the price to drop to $400.0, which was actually the main target, but The bearish trend continued strongly and the price dropped to the important demand level of $340.0-350.0, ( this level is very important in the daily and 4-hour time frame ) , then strongly returned from that area.
Probably, the price will have a little fluctuation in this area, and then it will move towards important resistances.
The formation of an excellent and valid example of the double top pattern, which is a return pattern and indicates that the upward trend will change to a downward trend in the $BCH chart, in the first step, caused the price to drop to $400.0, which was actually the main target, but The bearish trend continued strongly and the price dropped to the important demand level of $340.0-350.0, ( this level is very important in the daily and 4-hour time frame ) , then strongly returned from that area.
Probably, the price will have a little fluctuation in this area, and then it will move towards important resistances.
In the daily time frame, the price of #MKR🟩 has left the ascending channel. After the breakout, the price again returned to the dynamic support of the channel.
The price has now dropped to the support level of $2,250-$2,050. Although the price has left the ascending channel, it is an upward trend as long as it trades above the current level.
If the price decreases from the current level, the trend will change. 🔻
If the price returns to the dynamic resistance and can cross it, the upward trend will continue.🔺
The price has now dropped to the support level of $2,250-$2,050. Although the price has left the ascending channel, it is an upward trend as long as it trades above the current level.
If the price decreases from the current level, the trend will change. 🔻
If the price returns to the dynamic resistance and can cross it, the upward trend will continue.🔺
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