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Bitcoin Set for Explosive Move After 220-Day Consolidation!BTCUSD has been in a 220-day range, similar to a previous consolidation period seen in early 2023. Historically, after such long-range trading, Bitcoin has experienced strong bullish breakouts, as shown by the green arrows. With the current range nearing its end, we could be on the verge of another significant upward move. Keep an eye on a potential breakout, which may signal the start of a new bullish trend. Regards Hexa
BINANCE:BTCUSDLong
by HexaTrades
2
KAVAUSDT Reversal Confirmed!KAVUSDT Technical ANlsysis update SEED_DONKEYDAN_MARKET_CAP:KAVA price has formed a triangle pattern on the daily chart at the bottom. The price has now broken the triangle resistance line and is trading above the 100 EMA on the daily chart. We can expect a strong bullish move from the current level. A sustained move above this level could signal further upside potential. In the weekly chart, KAVA price is bouncing from the 2020 support level and trading within a falling wedge pattern
Long
by HexaTrades
1
XRPUSDT: 1,700 Days of Accumulation Over! XRPUSDT Technical analysis update XRPUSDT price has been trading within the longest triangle formation for the past 1,700 days. This week, which can be considered a 1,700-day accumulation phase, the price broke out of the triangle resistance on the weekly chart, . A strong bullish move is expected in the coming months, supported by a rise in volume on the weekly chart. Additionally, the price is trading above the 100 and 200 EMAs, which is considered bullish for XRP. Regards Hexa
Long
by HexaTrades
1
DYMUSDT Forms Triangle Pattern!DYMUSDT Technical analysis update DYMUSDT has been trading within a triangle formation for the past 165 days. The price is now moving towards the triangle's resistance level, potentially signaling a breakout. The profile volume indicates strong support at $1.40, and the price has crossed above the 100 EMA on the daily chart. A strong bullish move can be expected from the current level. Buy zone : Below $1.70 Stop loss : $1.37 Take Profit 1: $1.97 Take Profit 2: $2.47 Take Profit 3: $3.45
Long
by HexaTrades
1
BTC Leads, ETH Follows: New ATH Ahead?Bitcoin Leads, Ethereum Follows: Will History Repeat This Bull Run? During the 2020 bull run, Bitcoin (BTC) reached its all-time high (ATH) of $20,000 while Ethereum (ETH) lagged behind, trading at just $600. When BTC surged to $42,000 (more than doubling its previous ATH), ETH gained momentum and broke its previous ATH of $1,400. Historically, Bitcoin has always led the market during bull runs, with altcoins like ETH following once BTC enters a long consolidation period. This pattern seems to be repeating. When BTC recently hit a new ATH of $73,000, ETH was trading at $3,200. If BTC begins another consolidation phase at $100k, we can expect Ethereum to push towards a new ATH, alongside strong bullish moves in other altcoins. As history shows, Bitcoin's consolidation often serves as a catalyst for Ethereum and altcoin rallies. BINANCE:ETHUSDT BINANCE:BTCUSDT CRYPTOCAP:ETH CRYPTOCAP:BTC Regards Hexa
BITSTAMP:BTCUSDLong
by HexaTrades
1INCHUSDT Set for Bullish ReversalBINANCE:1INCHUSDT Technical analysis update - LSE:INCH 's price is approaching the double bottom neckline resistance. -A breakout from a 300-day descending channel formation has been confirmed on the daily chart. -The price has crossed the 100 EMA on the daily chart. -The price is nearing the 200 EMA on the daily chart; once it crosses this level, we can confirm another bullish signal. -The price is rebounding from the August 2023 support level. These technical developments highlight a strong potential for a bullish reversal in 1INCH. If the price breaks above the 200 EMA and maintains upward momentum, it could lead to a significant rally. Traders should watch for increased volume and sustained price action to validate further upside potential.
Long
by HexaTrades
1