CryptoPatel

CryptoPatel

Hello and welcome to my technical analysis of the MATIC/USDT trading pair. Currently, MATIC is trading at $1.27. Based on the chart analysis, it appears that the ascending trendline has broken down, indicating a bearish trend in the short term. Moreover, the high time frame (HTF) ascending trendline support has turned into resistance, and $1.30 is the current...

CryptoPatel

Chart Analysis Shows DYDX Testing Fibonacci Retracement Level and Potential for New All-Time High in Upcoming Bull Run:- #DYDX is currently trading at $2.855, and the chart shows that it recently broke out of a major resistance level and is currently trading around 250% higher than its last bottom. It has also risen 150% from its last breakout. The previous...

CryptoPatel

#HBAR Trading Price:- $0.077 According to the chart, HBAR is currently trading at a high resistance level of $0.77. Based on this, I expect to see a retracement from this level, which could potentially result in a 30% retracement from the red box resistance level. In addition, there appears to be a strong inverse head and shoulder pattern forming on the weekly...

CryptoPatel

"Bitcoin Daily Time Frame Chart Update: As of now, Bitcoin is trading around $24,000. The resistance levels to watch out for are $25,200 and $26,300, while the support level is at $22,500. If the price breaks above the resistance level, we might see a small upward rally. However, if the support level at $22,500 is broken, Bitcoin could potentially drop below...

CryptoPatel

Ethereum (ETH) has been making headlines in the cryptocurrency world recently, with its trading price currently at $1650. There have been many attempts by Ethereum to break through the high resistance level of $1650, but it remains to be seen if it will succeed. If the resistance level is broken and the price of Ethereum closes above $1700, there is a possibility...

CryptoPatel

#BNB Current Trading Price is $311 #BNB/USDT is currently trading at $311, which represents a significant decline of almost 55% from its all-time high (ATH). Despite this, #BNB did drop to $183 but quickly recovered by almost 74% from its ATH, with a super bull flag forming in the weekly timeframe indicating a positive long-term outlook. However, as market...

CryptoPatel

It appears that #APTUSDT has formed a Bullish Pennant market structure at its recent high points. If it can break through the diagonal resistance of this structure, there is potential for a strong upward trend to resume. However, if APT fails to maintain a higher low, which is a sign of a local technical uptrend, it could signal that the trend has ended. In this...

CryptoPatel

"Analyzing Bitcoin's Historical Trend: Will It Break the Macro Downtrend Before the Halving Event in 2024?" Bitcoin Current Price :- $24180 Bitcoin has been a topic of discussion for a long time now, especially when it comes to its trends and patterns. One of the most talked-about topics is the halving event, which takes place every four years and is...

CryptoPatel

According to the current market situation, BNB is being traded at approximately $300 and it has been fluctuating between $200-$300 for the past few months. Looking at the weekly chart, $340 is a significant resistance level, and if the price falls below this level, there could be a further downtrend. It is expected that BNB will reach a 0.5 Fib retracement...

CryptoPatel

Ethereum (ETH) is currently trading at $1535. It has attempted to break the high resistance level of $1650 but was unsuccessful. If the resistance is broken and the price closes above $1700, there is a possibility of a significant upward movement in Ethereum. However, it is important to also keep in mind that rejection at the $1650 level could lead to a decrease...

CryptoPatel

The Bitcoin Dominance chart is currently showing a trading value of 43.30%. Our analysis, as previously stated, has indicated that this scenario would unfold. The weekly chart for Bitcoin Dominance continues to exhibit a bullish trend and we can expect to see an upward movement towards the levels of 50% to 58%. In this scenario, it is likely that alternative...

CryptoPatel

Bitcoin (BTC) is currently trading at $22,900 and is facing resistance at the major level of $24,000. This level is crucial as it will determine the next upward movement of the cryptocurrency. If BTC fails to break above $24,000, it may experience further corrections and drop to the support level of $20,600. Investors and traders are advised to accumulate Bitcoin...

CryptoPatel

Bitcoin has been making waves in the financial world and has been attracting a lot of attention lately. With the current trading price of $22,750, investors and traders are keeping a close eye on the market movements. Technical analysis is an essential tool for understanding market trends and predicting future price movements. In this context, the analysis...

CryptoPatel

#BTC/USDT $Bitcoin Bounced from perfect level and now Trading around $23000 Already 36% up from our Level. Now..? Resistance:- $23000/$24500 If Bitcoin Break $23000 level then we can see $24500 But If rejected from those Resistance level then Support $20500/$18600 ready Trade with confirmations guys.

CryptoPatel

#ETH/USDT TA Update:- $ETH currently trading at $1330 at resistance level. Currently scenario is:- 1)- If break $1330-$1370 level then we can see $1488 and $1570 Level. 2)- But If Rejected from this level then We can see first stop will be $1220 and if this also break then We can see New Low. Support:- $1220/$1100 Resistance:- $1370/$1480/$1570

CryptoPatel

#Bitcoin Technical Analysis:- $BTC currently trading at $17200 Level. As per chart strong holding support $16000 Level which is good for Bull’s. Next Resistance is $18700 which is also retest level of Last breakdown Support. I am expecting some Rejection from that level and we can see some more Down side move. But now we can see some upward move in short...

CryptoPatel Updated 

#Bitcoin Short Update:- #BTC current price is $16600 And This bear Market BTC hit Low $15500 So Still BTC Bearish when it hit our Stop Loss $17000 Now $17000 area is Strong Resistance area. Now I am expecting BTC may test New low and Also probably to touch $10000 area. Support:- $15700 Resistance:- $17000/$19000

CryptoPatel

#BNB/USDT Technical Update:- $BNB currently trading around $248 and went down to $220 Which is -32% from our Analysis. Hope you are happy. Now I am expecting Still BNB is bearish and It can hit below $100 Which will be best entry zones. Support:- $210/$80 Resistance:- $360 Please Like and Appreciate.