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#BCH, after trying to break, rejected at the resistance level.
The double top pattern has just been completed, and according to that, the downward scenario, it will continue.
If the price can successfully break the support level of $440.0 - $450.0 , we can expect to move according to the pattern and decrease to $400.0 .
If the price is supported from the current level, it is possible for the price to return to the resistance level of $520.0-$530.0, although according to the current situation, the downward scenario is more likely.
The double top pattern has just been completed, and according to that, the downward scenario, it will continue.
If the price can successfully break the support level of $440.0 - $450.0 , we can expect to move according to the pattern and decrease to $400.0 .
If the price is supported from the current level, it is possible for the price to return to the resistance level of $520.0-$530.0, although according to the current situation, the downward scenario is more likely.
The resistance level of $2.5300-$2.6200 - prevented further price growth.
The price of #IMX🪙 has left the ascending channel that was formed in the 4-hour time frame.
The main support level is in the area of $1.6700-1.7300, and it is likely that the price will decrease to this level. revisits this demand zone, securing a strong rebound is imperative to sustain bullish intentions. A failure here could amplify bearish pressures, sour the market outlook, and push prices to even lower thresholds.
The price of #IMX
The main support level is in the area of $1.6700-1.7300, and it is likely that the price will decrease to this level. revisits this demand zone, securing a strong rebound is imperative to sustain bullish intentions. A failure here could amplify bearish pressures, sour the market outlook, and push prices to even lower thresholds.
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#GAL🌌 is moving in a descending channel. After crossing the resistance of the channel, it has decreased by more than 25% so far.
The demand level of $3.15 - $3.0 has been broken, and the close of the candle below this area has confirmed bearish sentiments, indicating more bearish potential. With the continuation of the downward trend of the market, the price of GAL will also decrease to the bottom of the channel.
The demand level of $3.15 - $3.0 has been broken, and the close of the candle below this area has confirmed bearish sentiments, indicating more bearish potential. With the continuation of the downward trend of the market, the price of GAL will also decrease to the bottom of the channel.
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#STX, unlike many currencies, has maintained its upward trend.
After successfully breaking out of the bearish wedge pattern, the price started an upward movement. The price has just broken out of a bullish pattern, and if the buyers continue to act strongly, the price will soon reach $3.050.
If the price wants to move like other currencies and reach$ 2.050 again, the probability of the price returning to the important demand level of $1.750-$1.900 - will increase.
After successfully breaking out of the bearish wedge pattern, the price started an upward movement. The price has just broken out of a bullish pattern, and if the buyers continue to act strongly, the price will soon reach $3.050.
If the price wants to move like other currencies and reach$ 2.050 again, the probability of the price returning to the important demand level of $1.750-$1.900 - will increase.
The price of #ATOM⚛️ has broken the upward trend line. After the failure, it fell by more than 30% and reached the support level of $7.660-7.660.
according to the continuation of the downward trend of the market in the short term, there is a possibility of reducing the price to the bottom of the descending channel that was formed recently.
If the price reaches the bottom of the channel, it will reach the important demand area of $6.1, and there is a possibility of price support from this area.
according to the continuation of the downward trend of the market in the short term, there is a possibility of reducing the price to the bottom of the descending channel that was formed recently.
If the price reaches the bottom of the channel, it will reach the important demand area of $6.1, and there is a possibility of price support from this area.
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After several attempts, the price of #UMA finally failed to break the resistance level of $3.800-$3.900 , and the bearish scenario continued.
The support level of $3.100-$3.200 - has been broken, and the price has formed a relatively downward channel in the short term. Now, the price is at the bottom of the channel. If the price decline continues and the current level is breached, the price will drop to $2.500.
In the higher time frame, all these fluctuations of the reforms are a big upward movement, and in the long term, it is still an upward trend.
The support level of $3.100-$3.200 - has been broken, and the price has formed a relatively downward channel in the short term. Now, the price is at the bottom of the channel. If the price decline continues and the current level is breached, the price will drop to $2.500.
In the higher time frame, all these fluctuations of the reforms are a big upward movement, and in the long term, it is still an upward trend.
After reaching the resistance level of $0.3300-$0.3550 , #GRT started to decrease, and with more than 25% decrease, it has reached the support area of $0.2300 .
The price has left the ascending channel . The subsequent critical demand zone at $0.2 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements.
Securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
The price has left the ascending channel . The subsequent critical demand zone at $0.2 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements.
Securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
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🚀 KuCoin Biggest Pump 🚀
📢 Members,
By popular demand from crypto enthusiasts and the start of a bullish market, we have scheduled our Biggest Pump Signal on KuCoin Exchange 🔥🔥
It will be posted on 17th June at 4 PM UTC.
As Alt Coins are about to fly, our team has worked out the best opportunity for our members to catch the next 2000-5000% Biggest Pump Signal on the fastest growing crypto channel.
Date : 17th June
Time : 4 PM UTC
Exchange : #KuCoin ( Spot )
Pair : USDT💵
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📢 Members,
By popular demand from crypto enthusiasts and the start of a bullish market, we have scheduled our Biggest Pump Signal on KuCoin Exchange 🔥🔥
It will be posted on 17th June at 4 PM UTC.
As Alt Coins are about to fly, our team has worked out the best opportunity for our members to catch the next 2000-5000% Biggest Pump Signal on the fastest growing crypto channel.
Date : 17th June
Time : 4 PM UTC
Exchange : #KuCoin ( Spot )
Pair : USDT
🔔 Unmute and 📌 Pin our Channel on Top to not miss out on this!
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#MKR 🟩 price easily broke the support level of $2470-$2350 .
In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone.
Recently, an upward harmonic pattern has been formed in the chart, the price is slowly forming a positive divergence, and if it can return to the above specified level, we can expect to see the price rise according to the pattern.
In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone.
Recently, an upward harmonic pattern has been formed in the chart, the price is slowly forming a positive divergence, and if it can return to the above specified level, we can expect to see the price rise according to the pattern.
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#ACHUSDT is at the crucial support of $0.0230 - $0.0250 , the asset is primed for a potential breakout.
#ACHUSDT is on the brink of a dynamic shift . if price can not sustain this level and slips below $0.0200 , it may signal a downtrend extension, eyeing the next vital demand zone at $0.0125. This area is renowned for its liquidity depth, having historically catalyzed notable recoveries. revisit this zone, ensuring a robust rebound is vital for maintaining foundational support. A lack of recovery could intensify bearish trends, deteriorate investor sentiment, and potentially precipitate extended price falls.
Currently, there's a high probability for a bearish continuation , and fading trading volume hints at a price drop toward the highlighted demand zone.
#ACHUSDT is on the brink of a dynamic shift . if price can not sustain this level and slips below $0.0200 , it may signal a downtrend extension, eyeing the next vital demand zone at $0.0125. This area is renowned for its liquidity depth, having historically catalyzed notable recoveries. revisit this zone, ensuring a robust rebound is vital for maintaining foundational support. A lack of recovery could intensify bearish trends, deteriorate investor sentiment, and potentially precipitate extended price falls.
Currently, there's a high probability for a bearish continuation , and fading trading volume hints at a price drop toward the highlighted demand zone.
#Bitcoin🪙 Spot ETF records total outflows of -$580M this week
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#AXS moved as expected and failed to break the resistance level of $8.700-$8.400.
The specified resistance area was not fully consumed and invalidated the bullish scenario.
The price left the small ascending channel that was formed in the 4-hour time frame and fell to the support level of $6.500-$6.300.
Now, it will need to rebound to continue its ascent to challenge the resistance once again . Given its history of bouncing from critical demand levels, there is a possibility that #AXS could replicate this behavior and push upwards.
A breakdown below the demand area would negate the bullish outlook and potentially lead to extended declines.
The specified resistance area was not fully consumed and invalidated the bullish scenario.
The price left the small ascending channel that was formed in the 4-hour time frame and fell to the support level of $6.500-$6.300.
Now, it will need to rebound to continue its ascent to challenge the resistance once again . Given its history of bouncing from critical demand levels, there is a possibility that #AXS could replicate this behavior and push upwards.
A breakdown below the demand area would negate the bullish outlook and potentially lead to extended declines.
After reaching the resistance level of 0.14500-0.14000, #PEOPLE price could not break it and started to decrease to the support level of $0.09700-$0.10050.
Recently, a bullish harmonic pattern has formed in the chart, and according to it, we can expect the price to grow again to the resistance level.
If the price fails to maintain the current critical support level and continues to correct, it will move towards the lower demand level indicated on the chart.
There's a high probability that PEOPLE will break through this support, propelled by diminishing volume and macro market trends. This move would confirm a downward trend .
Recently, a bullish harmonic pattern has formed in the chart, and according to it, we can expect the price to grow again to the resistance level.
If the price fails to maintain the current critical support level and continues to correct, it will move towards the lower demand level indicated on the chart.
There's a high probability that PEOPLE will break through this support, propelled by diminishing volume and macro market trends. This move would confirm a downward trend .
#BTC🪙 balance on exchanges reached a five-year low of 2.822 million BTC after dropping 3.6% over the last 30 days.
Decreasing BTC balances on exchanges simply means investors could be withdrawing their tokens into self-custody wallets, indicating a lack of intention to sell in anticipation of a future price increase.
Decreasing BTC balances on exchanges simply means investors could be withdrawing their tokens into self-custody wallets, indicating a lack of intention to sell in anticipation of a future price increase.
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#Dogecoin🐶 is moving in a descending channel in the 4-hour time frame and is now in the middle of it.
The price reacts well to the ceiling and floor of the channel. This descending channel is actually a correction of an upward trend in the daily time frame. Therefore, the long-term trend is still upward.
According to the current market trend , reducing volatility and the global markets is closed., the price is expected to slowly move towards the important support of $0.122-0.11260. This level is very important, and we can expect strong support from this level.
The price reacts well to the ceiling and floor of the channel. This descending channel is actually a correction of an upward trend in the daily time frame. Therefore, the long-term trend is still upward.
According to the current market trend , reducing volatility and the global markets is closed., the price is expected to slowly move towards the important support of $0.122-0.11260. This level is very important, and we can expect strong support from this level.
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Technical CRYPTO Analyst
🚀 KuCoin Biggest Pump 🚀 📢 Members, By popular demand from crypto enthusiasts and the start of a bullish market, we have scheduled our Biggest Pump Signal on KuCoin Exchange 🔥🔥 It will be posted on 17th June at 4 PM UTC. As Alt Coins are about to fly,…
🚀 KuCoin Biggest Pump is coming in 2 Days
We’re posting the 2000-5000% Biggest Pump signal on 17th June at 4 PM UTC
🔔📌 Stay Tuned!
🧑💻 For more info
We’re posting the 2000-5000% Biggest Pump signal on 17th June at 4 PM UTC
🔔📌 Stay Tuned!
🧑💻 For more info