SLP on the show once more
Presently its confronting solid opposition of expanding wedge
on the off chance that breakout was done effectively ..
expecting the next move for the correction above.
Watch out for it.
ETH / USDT
ETH start to show Bearish signs near strong support line
(Which made ETH to drop multiple time in previous months)
If bulls hold this area
expecting ETH to reach 3500$-3800$ in next few days
Invalidation : if daily close below support line (white)
Bitcoin got unloaded hard as of late and it's the initial opportunity to test 100W EMA since April 2020 !
As we find in outline this 100W EMA (dynamic help) is vital … each time cost shut week after week beneath it monstrous accident occurs later
So presently every one of the eyes on moving normal + 30k Strong help
Bulls should show strength here or the agony...
The above outline shows where I figure ETH can go, should Buy pressure proceeds over the course of the following year. In a drawn out bullish view, ETH can hold the long haul and the upturn can skip some place close by the" esteem zone" Those are the costs where I may begin to rebuy some Ethereum with TP pointer, contingent upon how the crypto space sees that...
ADA bull flag pattern on the hourly timeframe. We are above the 200 MA, however we might break lower in the current pattern, or if BTC steps up with more + percent, bull might showed up, we might break out for this bull flag .
BTC / USDT
BTC still has high chance to repeat similar movements like previous mid may to mid July
if that scenario played out correctly.. Price may retest 42k-38k region again in another minor bearish wave before any strong bullish rally
For this scenario to work the price shouldn’t close weekly below 38k or further correction will take place
Don’t forget to...
$SOL is a decent coin to do swing exchanging nowadays.
Make a point to enter in primary concern of the direct and sell in above mid and upper lines.
You can do utilize exchanging also.
Consider the retracement after full consolation.
In a calendar year, the total crypto market capitalization more than quadrupled from $361 billion to more than $1 trillion in January — reaching an all-time high of around $2.6 trillion in May.
Just weeks later, more than $800 million was wiped off of the total crypto market cap, representing a decrease of over 33%.
The Resistance Level can continue holding if...
An increase in the bulls’ momentum will make the price to break above the resistance level of $0.27;
above it are $0.42 and $0.57 resistance levels.
Should the $0.27 resistance level holds, the price may reverse and face the support level at $0.14,
further increase in the bears’ pressure may push down the price to $0.054 and $0.010.
The relative strength...
Bitcoin lost more than $7,000 in a few days and dipped below $60,000.
Ethereum also went down hard after failing to chart a new ATH.
Following the past several days of surging higher and higher,
BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly.
Most altcoins followed suit, and the entire market cap lost more than $150 billion...
It was not enough to create sustainable gains in the Dogecoin price.
After an initial jump, the 10th biggest cryptocurrency has shed 3% in the last 24 hours and still counting.
Will the Bull continue with the present trend after breaking through?