ETHUSDT technical analysis update ETH price has dropped 20% from its peak to the $3100-$3200 level. The 100 and 200 EMA are expected to provide strong support, with the volume profile also indicating good support at this range. Additionally, the Fib 0.5 retracement at $3200 aligns with this level. We see strong support at $3100-$3200, and the price is likely to...
BITSTAMP:BTCUSD Techncial analssyso update BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-$96K range. A strong bounce from...
XRPUSDT Technical analysis update The BINANCE:XRPUSDT price has formed a bullish flag pattern on the 4-hour chart, with the previous resistance at 1.95 now acting as support. Following the breakout, the retest of 1.95 has been completed, and the 100 EMA serves as support for the flag pattern. A strong bullish move in XRP can be expected in the coming days.
AVAXUSDT Technical analysis update BINANCE:AVAXUSDT price is breaking the resistance line on the weekly chart with high volume after 1,400 days of ranging movement. Buy zone: Below $54.00 Stop loss: $40.00 Take Profit 1: $64.50 Take Profit 2: $85.00 Take Profit 3: $140.00
JASMYUSDT Technical analysis update BINANCE:JASMYUSDT is moving towards the cup and handle neckline resistance, preparing for a breakout. The price has been forming the cup and handle pattern for the last 1,000 days. Once the price breaks above the neckline on the weekly chart, we can expect a significant bullish move, potentially 200% to 600% move possible in...
EIGENUSDT Technical Analysis Update EGENUSDT price has broken a significant resistance zone after a 65-day downtrend. EIGEN is the second-largest Ethereum staking token by TVL (Total Value Locked), with a current market cap of approximately $1 billion. In the short to mid-term, its market cap could potentially reach $2 billion, and by the end of the bull run, it...
YFIUSDT technical analysis update YFI's price is breaking out of a falling wedge pattern after 325 days of formation. On the weekly chart, the price is bouncing from major bottom support, which can be considered bullish for YFI Regards Hexa
BABYDOGEUSDT Technical analysis update BABYDOGEUSDT price is breaking out of a 1,200-day range. We can anticipate a strong bullish move once the price successfully breaks the resistance. The rise in volume near the resistance indicates increasing interest, and if the breakout is confirmed, a potential 200%-500% upward move could follow.
SUSHIUSDT technical analysis update SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again. Stop Loss: $0.45 Target :100%-300% regards Hexa
ETHUSDT Techncial analsysis update BINANCE:ETHUSDT price has broken the trend resistance line on the daily chart. The price has already surpassed the previous resistance zone at $3,500 and successfully completed a retest. An increase in volume near the resistance level is evident. If the daily candle closes above the resistance line, a strong bullish move can...
LQTYUSDT technical analysis update BINANCE:LQTYUSDT price formed a descending channel pattern on the weekly chart. After 630 days of formation, the price has broken above the channel resistance. With a noticeable rise in volume, we can expect a strong bullish move in the coming days. Stop Loss: $1.00 Target: 200-500% Regards Hexa
SNXUSDT Technical analysis update BINANCE:SNXUSDT has been ranging at the bottom for the last 120 days. The price has now broken out above the resistance line with high volume and is trading above the 100 EMA, signaling a bullish trend. This breakout indicates the potential for a strong bullish move in the coming days. Buy zone : Below $1.77 Stop loss :...
TAOUSDT Technical analysis update BINANCE:TAOUSDT has formed a cup and handle pattern on the daily chart. With high volume, the price has broken above the neckline resistance, signaling a potential strong bullish move in the coming days. Buy zone : Below $720 Stop loss : $560 Take Profit 1: $855 Take Profit 2: $1100 Take Profit 3: $1500
The Pi Cycle just triggered the Bitcoin bottom. This is the 3rd time in the history of the bitcoin Pi cycle has shown the bottom signal, this indicator accurately predicted the Bitcoin bottom in 2015 and 2018. if this indicator works for the third time then we are at the bottom of the bitcoin bear cycle. Thanks Hexa
Bitcoin Price prediction after halving: After the halving, Bitcoin's price typically moved sideways or exhibited a slight bearish trend for 1-3 months in the past three cycles. We can anticipate a similar sideways movement for the next 1-2 months before a significant upward surge. Once the sideways movement concludes, we can expect a robust bull run. In the past...
BTCUSDT Technical analysis update CRYPTOCAP:BTC has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a...
BTCUSDT technical analysis update At the bottom, Bitcoin formed a falling wedge pattern over 240 days. After breaking out, the price surged by 75%. Following this rise, BTC entered a 220-day consolidation phase, forming a rectangular continuation pattern, which led to a 133% increase after its breakout. Currently, BTC has been forming a flag pattern for the last...
ETHUSDT Technical analysis update ETH’s weekly RSI is currently at 64. In previous bull cycles, ETH’s weekly RSI has climbed above 90, marking the peak of the rally. This time, it’s likely that ETH’s RSI could again reach the 90 level during the peak of the current bull run. Historically, the RSI indicator has proven to be a reliable tool for timing exits in ETH...
