BTC, ETH, Alts ⛅ 24-Hour OutlookSunny trading conditions with a few scattered clouds ⛅ prevail on the global crypto market in the next hours and days, signaling a slightly bullish market with upside potential. Cryptos rebound following Tuesday’s sell-off.
Bitcoin rises 2.3%, and Ethereum puts on 1.1% in the past 24 hours. The price of Bitcoin fell below the psychological $29,000 threshold due to the SEC lawsuit against a crypto entrepreneur and the dollar's strength ahead of US macro data release. Litecoin halving looms later today, diminishing the coin's mining reward. 🚀💰
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Cryptoforecast
LTCUSDTLTCUSDT
Litecoin may exit the falling wedge upwards. This pattern is a bullish pattern that usually leads to higher prices. In case of successful completion of the pattern, the targets are considered at the level: $94 - $98 - $100.55
At the same time, we advise you to enter the position only with a small percentage of the deposit, because BTC can very likely go even lower. In this case, the reaction will be appropriate.
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XRPUSDXRPUSD
Thoughts
After a long consolidation, Ripple has received a new impetus. At the moment, the price is approaching the global resistance zone at the level of 0.6.
If XRP is able to break through this level and gain a foothold above it, then the likelihood of further upward momentum increases.
In this scenario, we consider the following targets (indicated by blue lines): 0.6916 - 0.7476 - 0.8358 - 0.9038
We advise you to buy XRP 1% -3% of the deposit. It is also worth remembering that Ripple very often it goes against the market. It is worth remembering this and being prepared for such an outcome.
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1-Week Forecast: BTC, BNB, ADA ☀️ ETH, XRP ☁️? The sun keeps shining ☀️ on the global cryptosphere, promising a slightly bullish market with upside potential in the next 24 hours. However, Ripple’s XRP and Polygon’s Matic encounter some clouds ☁️, signaling a potential downside trend.
Looking ahead over the next week, the forecast is mixed with cloudy weather ☁️ for altcoins like Ether, Litecoin, XRP, and Matic. On the other hand, Bitcoin, Binance, and Cardano enjoy sunnier trading conditions ☀️, suggesting a continued upside potential.
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DASHBTCDASHBTC
Thoughts
Today we will analyze the DASHBTC chart. Since the momentum of 2017, the asset seems to have died. This was the peak, after which we saw only a decline.
At the moment, the price has broken through another bottom and went into the area of the 2014 zone. There is no asset, no volumes either. We are now below the 0.005 zone and continue to make new lows.
The asset is losing its relevance, we advise you not to consider it as an investment or speculation yet. In case of any interesting updates on the chart, we will definitely inform you.
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🌧️ Outlook for Ethereum & Altcoins; ☀️ for BTC & BNBEther and many other altcoins face cloudy ☁ or even rainy conditions 🌧️, signaling a bearish trend with downside risks according to ATTMO.
However, sunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market. 📈
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Crypto Summer Thrives! 🌞 1-Week Forecast Unveiled! 🌧️/ 🌞 ? The crypto summer is in full swing with sunny skies ahead! 🌞 🚀 Sunny weather is ahead in the coming hours as well as over a one-week horizon.
Asset managers' ETF applications are fueling the demand for Bitcoin, paving the way for an exciting market outlook. We can anticipate additional players, such as Fidelity, filing their applications in the near future. 📈
These favorable conditions signal a slightly bullish market, presenting potential upside opportunities for the crypto sphere as a whole.
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Crypto Summer Sizzles On! 🌞 But What's the 1-Week Forecast?The crypto summer is in full swing with sunny skies ahead! 🌞 🚀 Sunny weather is ahead in the coming hours as well as over a one-week horizon.
Asset managers' ETF applications are fueling the demand for Bitcoin, paving the way for an exciting market outlook. We can anticipate additional players, such as Fidelity, filing their applications in the near future. 📈
These favorable conditions signal a slightly bullish market, presenting potential upside opportunities for the crypto sphere as a whole.
Follow ATTMO Times to stay ahead of the curve!
BTCUSDTBTCUSDT
Thoughts
At the moment, there is a fading on the chart after the March impulse. A local resistance zone has formed and the price is gradually declining towards support.
Trying to guess where the course will go now is like playing roulette.
An upward trend can only be considered after the red resistance line has been broken. Before that, there can be no talk of a global long.
In case of a decline, you can look for rebound zones near the red lines at $24,370 and $23,650.
At the moment we are sitting without large positions in anticipation of a reaction on the chart.
There is no need to rush now. Our task is not only to earn, but also not to lose.
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WAVESBTCWAVESBTC
The situation for WAVESBTC is quite interesting - the coin has broken through its support line and is trying to find a new bottom. . WAVES should be considered for purchase only after the appearance of significant news or positive changes in the project. We do not recommend entering large volumes now. In case of any news, we will inform about everything in the channel.
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ZECUSDTZECUSDT: Channel trading
Price fixes below high volumes
Most likely, for some time the price will be traded in the channel, it is not worth buying in the middle of the channel.
Support about 39-26
If the $26 support is not triggered by the end of the bear market, the price will be looking for a new bottom.
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TWTUSDTWTUSD
Thoughts
On the 1-d TF, an uptrend is clearly visible. There was an attempt from buyers to form a local uptrend, but it was broken, and the price consolidated under $1.22, having come to the global support of the uptrend. The $1.22 level will be a serious resistance.
The price approached the buy zone, where you need to make a decision
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LITCOIN📊 #LTCUSDT
⏱ TIME : 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit :67.7
📍The second buying limit :57.6
📍The third buying limit :50.5
📌TP1 : 81 $
📌TP2 : 100 $
📌TP3 : 134 $
📌TP4 : 200 $
ETHUSDTETHUSDT
Thoughts
On the ETHUSDT chart, a Bullish Wedge pattern is forming.
A "bullish wedge" is characterized by narrow upper and lower boundaries that approach each other, forming a wedge-shaped structure. It often signals a possible trend reversal in favor of the bulls, especially if it forms in the context of a downtrend.
At the same time, it is worth considering that the observed wedge has some inconsistencies with the ideal pattern, which can mean a lot of uncertainty and risk.
When analyzing ETH, it is always important to consider the dynamics of BTC, since BTC contains the bulk of the capitalization.
Thus, despite the appearance of a bullish wedge on the ETHUSDT chart, we recommend focusing on the big picture, including the behavior of BTC. As always, carefully calculate your risks and act strictly with a cool head.
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BARUSDTBARUSDT
Thoughts
On this altcoin, we often observed manipulative movements. Huge candles left behind shadows, after which there was a small consolidation and a strong fall. Now, there are fewer strong upward movements, which means that the main supply of the coin was bought out by one player.
Volatility is on the decline, and any attempts from sellers to push through the support line end in a rebound. This is a great example of a Descending Triangle pattern being formed.
At the moment, the price is in the middle of the triangle, waiting for the next impulse.
☑️ Global targets in case of penetration are indicated on the chart by blue lines: 5.95 - 7.61 - 9.40
⛔️ In order to prevent losses in case of force majeure, we put a stop at the level of $3.81
But remember that everything can change at any time, you need to be flexible and monitor the market.
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ETHUSDLONGSETHUSDLONGS
Thoughts
At the moment, we are seeing a new surge of interest in ETH long positions from traders. This growth is extremely interesting, because the last time such "green" sentiment was observed at the beginning of 2023, after which we saw a strong drop and subsequent consolidation almost 4 months long.
The growth of longs will mark an increase in interest in the asset from buyers, which in the future may mean the upcoming green chart.
But do not blindly look at one indicator or factor. Look at the situation globally and make informed decisions.
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ICPUSDTICPUSDT
Thoughts
After a long fall, the coin was able to find a local bottom and go flat. A couple of times there was an attempt to break through the downward resistance, but it was not successful. Strong resistance provided final confirmation that a Descending Triangle pattern had formed.
After the third attempt to break through the resistance, the price froze and began to gain strength for the next impulse.
✅ Global targets for upward breakdown are indicated on the chart by blue lines: 7.524 - 8.305 - 9.240
We don’t set a stop yet, we focus on the state of BTC.
For a futures setup, set targets and stops yourself, focusing on your shoulders. We put a stop at $4.9
But remember that things can change at any moment. You need to be flexible and monitor the market. Make a decision strictly with a cool head and do not give in to emotions.
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TOTAL2TOTAL2
Analysis
TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC.
The chart clearly shows the formation of a bullish wedge. This is a technical analysis chart pattern that usually heralds a future uptrend.
📐A bullish wedge forms when the price range narrows and trading volumes decrease.
Usually, the exit from the bullish wedge occurs upwards, with a breakout of the upper trend line. This signals a resumption of the growth trend.
It is worth noting that you need to use additional indicators and analyze the news background to confirm the correctness of your forecast. Always trade responsibly and with a cool head.
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#BTC ANALYSIS. My view on Crypto Market.I would like to see #btc react positively from 25.2k and make a run for 36k, this is build well for a top formation for the current heavy downtrend to continue.
This is also dependent on if the Dollar index going lower in the coming weeks making it easy for crypto and stocks to rally into June.
Short term bullish on Crypto.