Its a clear failed key level or support at 0.75. As I mentioned earlier a breakout will follow on the price towards 0.10 support formed. Holders might say its a shoot to the moon but technically its rock bottomed 90% already
On the Daily timeframe the Support has broken to the downside.
And after the pull back I am expecting a further decline in prices for BTC where we may see a price level close to 20K. The reason why I am seeing towards 20k is that the key level from previous ATH and the trend line is being perfectly matched with the expected target zone after the breakout formed...
APE crushed hard more than 60% and this wiped all the recent gains happened recently. We can see some bullish price action on the $10 support formed. Hopefully things will turn out green or further dump if this support fails.
If price for ETH fails to hold the bearish pressure above the key level, then we may see a further decline towards the support highlighted. Where we have seen a strong buying formed previously around $1700
Bitcoin revisited the support level as expected here now we're watching closely if the bitcoin still requires to break below the trend line formed or to show up a strong reversal at this stage following the support highlighted.
ALGO seems to be failing so hard after the breakout to the downside formed on the key level highlighted. The pull back failed to jump above the key level to hold the bearish pressure, so here we can expect further decline in prices and ALGO can be revisiting the support formed on bottom level.
WAVE revisited an important weekly support formed. Where this can be supporting for another major bull trend with a nice reversal or if the sell off remains stronger then we will see a clean breakout on this support formed which can drag the prices for WAVE further downside.
On LUNA I am expecting a decent recovery with the key level formed on the weekly timeframe. This key level has a greater chances of acting as a support and the correction we are expecting here can have a chance of creating a new ATH.
SLP failed on support and now it keep crushing the prices towards new lows where it already dumped more than 40% after the breakout formed on the major support.
SHIB will fall towards the key level highlighted after this pull back formed on the support with breakout it showed up. Here we are looking for more potential downside in order to find the next best support area.
