H&S spotted on NVDA , for this case , we will use $128-$130 as the H&S support. if price break down below $128, will expect market dive down to 200MAs at $115 ,and next strong support would be sitting at $95 - $100. if $128 supported well, we may expect a bounce up to $140 zone. Pending for a confirmation.
while BTC keep creating new ATH, ETH is still trying hard to break above MARCH 2024 resistance. once clear above $4090 , (best if can stay above $4100)... we will see ETH test 2021 all time high @ $4800. ETH breakout will come in surprise
Based on the 2021–2024 chart, we observe that after the bear trend in 2022, ETH has been gradually recovering since 2023, maintaining a steady and low-profile climb. Looking at the broader perspective, the next significant resistance level for ETH appears to be around $6,000.
The total cryptocurrency market cap has recently surpassed $3 trillion, a level we last saw during the 2021 peak. Does this mean we're at the start of a new bull market? With Bitcoin and Ethereum ETFs now approved, more money from Wall Street is entering the crypto space. This could push the market cap to new heights? For comparison: - **Gold**: $13-14...
Solana (SOL) has broken out of its flag formation—an exciting development to watch! Keep an eye on its 2021 all-time high at $260, as this could be a key resistance level. Based on the flag's projection, the potential target is $288. Stay alert for further price action!
After consolidating for four months, XRP has successfully broken through the 0.625 level, indicating renewed bullish momentum. However, it is currently facing resistance around the 0.73 mark, which may act as a barrier in the near term. We anticipate that the market could pull back slightly to retest support, followed by a period of sideways movement as it gathers...
#ETH has been trading sideways within the 2300-2800 range since August, awaiting a breakout for a potential rally. The upward slope of the MACD indicates that momentum is leaning towards the bulls.
BTC's weekly close came in neutral. The MACD just crossed over, the first time since October 2023. This crossover on the weekly chart comes after six months of a downward trend.(MACD crossed down on April 2024) With the last rally starting in October 2023, could we be looking at a similar setup now in October 2024? Let's watch and see!
DOGE has been in a consolidation phase since June 2024, fluctuating between 0.10 and 0.13. We're waiting for a breakout above 0.13, which aligns with the 200MA, to signal a potential bullish surge.
ETH has been consolidating within the 2,300 to 2,900 range since August 2024. Yesterday, it saw a strong bullish rebound in the 2,300 - 2,500 area. We’re now looking for a decisive breakout above the 2,800 - 2,900 range. Should ETH break and hold above this level, we anticipate it could spark upward movement in other altcoins too.
The market didn't reach our anticipated level of 65,000. Following clarity from the presidential election, the market rallied and broke through previous highs. The former resistance has now become support, and we're using the previous all-time high as a support level. We anticipate further bullish momentum in crypto as long as the price stays above 71,500.
#BTC weekly SHOOTING STAR.. not a nice looking candle closed for the week. (probably due to uncertainty on presidential election ..?) expect market might re-test around $65,000 zone. as long as 65,000 stays. might expect some MOVEMBER , after the US presidential Election?
Based on the flag breakout price projection, we observe the following trend: Oct 2023 - March 2024: Formation of the flagpole March 2024 - Oct 2024: Development of the flag pattern, with a retracement to the Fibonacci levels of 0.50 - 0.618 With the flag breakout anticipated by the end of Oct 2024, our projections are as follows: Fibonacci target: $100,042 Flag...
BTC has reached an all-time high, currently around 72,000 to 73,000. A pullback could occur before it decisively breaks above this level. The 69,000 mark is expected to serve as a critical support, maintaining BTC's upward momentum.
#SOL has recently broken out above $160, which had been a resistance level since August. The MACD shows that bullish momentum remains strong. The next resistance zone for SOL is between $180 and $190.
Although ADA remains in a downtrend, its lows are gradually rising. A breakout above $0.40 is needed to trigger a potential reversal. The MACD is sloping upward, indicating momentum is in favor of the bulls.
#ADA has recently established a higher low, holding strong at 0.34. We're now waiting for a breakout above 0.40 to signal a potential trend reversal.
BTC weekly close remains neutral, with a bullish bias still in play. A strong breakout (BO) is awaited above the key resistance levels of $66,000 and $68,000 DYODD