based on this analysis, it seems like Bitcoin is likely to drop to the 22k-21k range in the coming days. The Cypher pattern is a popular technical analysis tool used to predict potential price movements based on certain ratios between price points. In this case, the pattern suggests that Bitcoin has completed a bullish trend and is now due for a...
Bitcoin is now in a corrective wave (4) Now we are waiting for the price to reach the colored square and then it will Pump * pattern fails if wave (4) crosses 27.5K and retest God Bless U ^_^
SAND breaks the support of the $3.30 area. The next good support is the $3.00-$3.05 area and we may see some accumulation near this level. A break below the $3.00 support area is bearish and we will see more downside movement towards the $2.65-$2.70 area. The resistance is $3.35 and $3.70 area.
GRT break the downtrend channel and now testing the support of the $0.38 area. The local resistance is $0.45 level and the major resistance is $0.52-$0.56 area. You can build a long position near a $0.38 support area.
RUNE is trying hard to go above the resistance area but gets multiple rejections. The big wick shows heavy selling and price rejection. RUNE needs to close a daily candle above $9 to get bullish momentum. If RUNE is unable to go above $9 then we will see a test of the lower support area. This is no trade zone.
DOGE tested the local resistance of $0.125 level and rejected from there. We might still see a retest of $0.115-$0.117 level before the next move. Wait for a breakout above $0.125 resistance or retest of support for opening a long position.
DOT is able to break the resistance area and now retesting it. We will see the next leg up if DOT is able to hold above the resistance area. The next major resistance is the $23.30-$24.30 area and we may see some profit booking near this level. Use stop loss in the long position.
RUNE is now testing the major resistance of the $9 area. If RUNE breaks this resistance level and hold above it then we see good upside movement. The next resistance is $9.90-$10.15 area and $12.85-$13.00 area. The local support is $7.50-$7.60 area and major support is $5.45-$5.65 area.
ONE bounced from the major support level. ONE is now heading towards the local resistance of $0.138-$0.14 area. If ONE is able to break the local resistance then we will see a test of the major resistance area. You can increase your stop loss to breakeven price and hold this trade.
Bitcoin is trying to go above the $41,850 resistance area. BTC needs to go above it and hold this level to go higher. The next resistance is $44,300 area and the major resistance is $46,000 area. The support is $40,000-$40,500 level.
DOT is now trading near the resistance of $19.1-$19.55 area. DOT needs to break this resistance to turn bullish. The next major resistance is the $23.30-$24.30 area. The local support is $17.60-$17.75 and $16.85-$17.00 area. The market is showing positive moves and we may see a breakout of $19.55 resistance this time. Wait for breakout and confirmation before...
XRP is now trying to break the $0.78 resistance area. If XRP breaks this resistance $0.855 and the major resistance is $0.90 area. XRP also breaks the downtrend line resistance. The immediate support is $0.745 area and XRP needs to hold above this. If XRP goes below $0.745 then the next support is the $0.70 area.
BNB bounced hard from the $330 support area and left a big wick behind. The big wick shows price rejection and strong buying. Hoping you added some BNB near $330, you can increase your stop loss to your buying price. BNB is now testing the $360 resistance and if able to hold above it then we will see a move towards the $390-$400 area.
FTM bounced from the support of the $1.50 area. FTM is now heading towards the resistance of $1.75-$1.84 area. FTM needs to break the $1.84 resistance and hold above it to get some positive move. If FTM is rejected from here then we see a test of the $1.50 support area again.
DOGE breaks the symmetric triangle in the downward direction. DOGE tested the major support of the $0.125 area and bounced from there. The local resistance is at $0.135 and $0.142 levels. The major resistance remains the same.
ADA broke below the last major support area. Daily candle close below the zone too which show strong bears. Now, a pullback is expected before an implusive move, you cna play both side in trades. Next major support is quite lower but local one is around $0.68 - $0.72.
CHR broke the major support of the $0.47 area and now trading below it. This is not a good sign and we will see more downward movement in the coming days. The next support is $0.37-$0.38 area and the major support is $0.22-$0.24 area. Wait for new entries and use stop loss in open positions.
DATA/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. Start building your positions in DATA as we can see big pump anytime soon Targets: $0.1-0.12-0.14-0.16 SL: $0.068