#BTC UPDATE:

The 65k level for BTC is still acting as strong resistance and rejected from it couple of times.

The 62k level for BTC will still remain as the strong support which is a strong level + we have EMA support also aligning there.

If incase BTC breaks the 62k support level then the next strong support level for the BTC will be the 60k level.

For the BTC to give the bullish momentum it needs to flip the 65k level if not then we may see the choppy price action.

As the BTC has not given clear direction and a sudden retracement for it is affecting alts it will be good to trade cautiously and must use SL.

@ChartsSignalsTrading

#LUNA ANALYSIS:

Luna is currently in the daily demand zone given rallies from here in the past the lower trendline is also acting as support.

But currently Luna is facing trendline resistance on daily for the bullish continuation it need a successful breakout.

Moreover if luna is able to hold this daily demand zone a bullish move is expected.

@ChartsSignalsTrading

#BTC UPDATE:

BTC broke the strong support level of 62k now the next strong support level for the BTC will be the 60k region as mentioned in the previous update.

If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k.

Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level.

For the BTC to give the bullish momentum in coming days it needs a closure above the 62k level.

As the BTC looks extremely choppy and a sudden retracement for it is affecting alts very badly it will be good to trade cautiously and must use SL.

@ChartsSignalsTrading

Greeting Everyone,

After running the Poll for 24hr most of our members were interested in the analysis of Matic. Here is the detailed analysis of Matic.

Matic is currently in the daily demand zone which is a strong zone for Matic and given reversal from the demand zone in past + a bullish harmonic is also aligning.

Currently it is facing trendline resistance on daily rejected from the trendline resistance multiple times.

For the bullish momentum of Matic it need a successful breakout.

Thanks

@ChartsSignalsTrading

#USDT.D UPDATE:

All eyes on USDT.D for now

USDT.D has reached the strong resistance level of 5.12% level where we have a weekly 21 EMA resistance level + a supply zone a rejection from here will be a good sign and then we may see a relief rally in BTC and Alts.

If incase USDT.D also flip the 5.12% resistance level then we may see further rejection downside.

As we have weekly closure tomorrow and due to the choppy price action and no clear direction yet, Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.

@ChartsSignalsTrading

#BTC UPDATE:

BTC is currently at very crucial demand zone the 60k level is the strong support level for the BTC which it needs to hold in order to give reversal from here.

If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k.

Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level.

For the BTC to give the bullish momentum in coming days it needs a weekly closure above the 62k level.

As today we have weekly closure volatility is expected we need a closure above 60k at-least for the reversal from here in the coming week if not then we may see a choppy price action.

@ChartsSignalsTrading

#REQ/USDT Trade 1 Target reached

🟢Target 1  4.00%+✔️

💰Profit: 4.00% Gain
⏰ Period: 4 Hours .

@ChartsSignalsTrading

#BTC UPDATE:

As mentioned in the yesterday update that BTC needs a weekly closure at-least above the 60k level to give bullish momentum and the same thing happened BTC give a closure above 60k.

And BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels are the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.

Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.

@ChartsSignalsTrading

#BTC UPDATE:

BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.

Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.

@ChartsSignalsTrading

#USDT.D UPDATE:

As mentioned in the previous update USDT.D has reached the resistance level where Weekly 21 EMA is also acting as resistance USDT.D rejected right from it.

Now What's Next?

The next strong demand zone is the rectangular region marked in the chart the EMA's are also acting as a strong support there. For the bullish momentum in BTC and Alts USDT.D needs to breakdown this strong EMA support level.

If USDT.D gives upside move from there again we will again see BTC and Alts to bleed so until the condition is not cleared + CPI coming tomorrow so volatility is expected.

@ChartsSignalsTrading