EmpowerTrader

EmpowerTrader

Since setting a new low for the year on January, 2022, price has been trading in a range between 33,000 to 45,000. They key level to look out for is 39,000, which has as a strong resistance the past three weeks. So far price as been rejected the past two weeks at this level. Can we close this week above 39,000? Also, consolidations in a range that we're seeing...

EmpowerTrader

Bitcoin under strong selling pressure! Price should come back down and test 33,000 quickly. If 33,000 doesn't hold, our final support level for this current pattern is at 29,000. If price consolidates below 29,000 and continues to trade over, I might have to

09:07

EmpowerTrader

There's the key levels to look out for this week on the US indices!

EmpowerTrader

Futures opening slightly down at opening hours on Sunday night. Let's see if the price attempts a comeback towards the buy zone above 14680. Nevertheless, the price could get rejected at any time if a hard-selling wave occurs. Therefore, it's not time to be optimistic, but rather patient. Let's see what price tells us what to do. Keep a close eye on the key levels...

11:41

EmpowerTrader

Bearish Breakout on the NASDAQ! Price has consolidating in a narrow range right now, just above key support. This is important as a break below the 14,000 support level could indicate more downside. Here are the key levels to keep an eye on.

EmpowerTrader

The Nasdaq 100 index has come back down to test the key level at around 14,000 once again. Can we hold? A consolidation below this area could indicate more upside. Watch out for a bearish breakout below 13,700.

09:34

EmpowerTrader

Both the stock market and the crypto market saw a decent bounce today! Can a bottom finally be forming?

EmpowerTrader

We must hold the key level indicated by the green line in order to return back into the trend. As long as we trade below the green line, looks more and more like a bearish breakout.

EmpowerTrader

With the whole crypto market dumping, Link has sold off all the way down to the major support level. Can we hold this critical level?

EmpowerTrader

Bitcoin looking incredibly bearish here againt the US dollar. As the stock market continues to decline, Bitcoin finally broke the 39k major support level. Technically, we have till the end of this week to hold 39k However, that seems unlikely as price looks very bearish technical and sentiment real poor.

EmpowerTrader

Price looking pretty bearish right now, as we consolidating below the key support levels. Unless, we see a jump soon a bearish breakout seems more and more likely. Next key support level at 14,700.

EmpowerTrader

Like the rest of the crypto market, it's been a tough few weeks for Solano. Price has come down so much that it's only a few points above the major support level. For this reason, there is a good chance that price will come down and test the major support level at 125.00 and 115.00 respectively. Will buyers jump back in at these levels?

07:19

EmpowerTrader

Crypto still testing MAJOR SUPPORT LEVEL! There is the roadmap ahead!

EmpowerTrader

It's been a crucial week for Bitcoin, as price continues to test major support level. The final support level at this area is at 39k. In which, we tested and held relatively well on Monday. Now that price is back above 40k, there are two main scenarios to keep in mind. First is another re-test at 41k or 39k. The second scenario is a bullish breakout above 43k....

EmpowerTrader

Not much to say here. We're currently testing major support level with the final one at 39,000.

EmpowerTrader

Last week price came down to test major support level at 46,000. So far, we have managed to hold this level for the past few weeks. Are we about to see a bullish swing? Or a Bearish Breakout?

EmpowerTrader

ADA price has come down to some key support levels. So far we're holding strong!

EmpowerTrader

Pretty textbook bullish breakout playing out here on Sandbox against USD. Nevertheless, we could see a re-test which could take us as low as 4.8