#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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The price of #WOO moving in an ascending channel in the daily time frame.
The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
#Zcash has almost reached its historic bottom. The descending channel in which the price is still moving in that after more than 2 years.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
#NEAR has completed the modification stage. The trend is still upward.
The price has broken the upward trend line and returned to the demand level of 4.9$-4.3$. It's expected this level will support the price this time and price retest the trend line.
Everything depends on the general trend of the market. Altcoins follow the fluctuations of Bitcoin. Regarding this currency, it seems that the correction process is over, and the price can return to $8 . The current level should be maintained.
The price has broken the upward trend line and returned to the demand level of 4.9$-4.3$. It's expected this level will support the price this time and price retest the trend line.
Everything depends on the general trend of the market. Altcoins follow the fluctuations of Bitcoin. Regarding this currency, it seems that the correction process is over, and the price can return to $8 . The current level should be maintained.
The price of #RLC has reached the support level of $1.900-$2.020 .
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
The price of #DOGE is now facing the demand level of $0.11200-0.11500. If this level is broken, the correction will continue.
Therefore, as long as the price is still below $0.16, the closest target to it can be the $0.095 area.
Due to the fact that Dogecoin moves in a downward channel, it is more likely that the price will fall to the bottom of the channel. But if the price can maintain the current level and return to the ceiling of the channel, it can break the dynamic resistance and return to the level of $0.170-0.176.
Therefore, as long as the price is still below $0.16, the closest target to it can be the $0.095 area.
Due to the fact that Dogecoin moves in a downward channel, it is more likely that the price will fall to the bottom of the channel. But if the price can maintain the current level and return to the ceiling of the channel, it can break the dynamic resistance and return to the level of $0.170-0.176.
#Bitcoin’s🪙 price has experienced mounting sell-side pressure, causing it to shed more than 5.5% over the last seven days and setting a six-week low at $58,400 on June 25.
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
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Binance Big Breakout Signal
#KEY/USDT
Link : https://www.binance.com/en/trade/KEY_USDT?type=spot
#KEY chart bottomed out over the last few days and formed a strong accumulation support for a next leg up.
Targets
1st : $0.007200
2nd : $0.007900
3rd : $0.010500
Exchange #Binance
#KEY/USDT
Link : https://www.binance.com/en/trade/KEY_USDT?type=spot
#KEY chart bottomed out over the last few days and formed a strong accumulation support for a next leg up.
Targets
1st : $0.007200
2nd : $0.007900
3rd : $0.010500
Exchange #Binance
#DENT fell to the demand area of $0.000880-0.000950 while maintaining the resistance ranges.
The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
#FET is moving in an ascending channel in the daily time frame.
After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
#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.
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.
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.
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.
#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.
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.
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.
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.