Hexatrades
Could Bitcoin Remain Under $65K by the End of September?BTC technical analysis update
BTC is facing strong resistance at FWB:65K , with the price being rejected multiple times at this level. We can expect a small correction or a sideways move below FWB:65K resistance before a potential breakout. Bitcoin may move sideways or bearish before October begins, but a strong bullish rally is expected in October, as the month has historically been positive for Bitcoin.
DODOUSDT Triple Bottom BreakoutDODOUSDT Technical analysis update
The DODO price has broken the triple bottom neckline resistance line with high volume and is trading above the 100 and 200 EMA on the daily chart. We can expect a strong bullish move.
Resistance 1: $0.225
Resistance 2: $0.325
Regards
Hexa
ZETAUSDT Double Bottom PatternZETAUSDT technical analysis update
The ZETA price has formed a double bottom pattern and is now moving toward the neckline resistance line for a potential breakout. You can consider taking a trade once the breakout is confirmed on the daily chart.
Target: $1.75
Regards
Hexa
Bitcoin: Strong Bullish Momentum AheadBTCUSDT technical analysis update
Currently, Bitcoin has been trading within a range for the past 200 days.
From March 2023 to October 2023, the price fluctuated between GETTEX:25K and $32K for 224 days before breaking the range and bouncing over 130%.
Now, we are observing a similar pattern, with Bitcoin trading inside a rectangle since February, between $53K and $73K. The price is approaching a potential breakout, which could occur within a month. Once the breakout happens, we may see a strong bullish move.
Regards
hexa
AMBUSDT: Low Market Cap GemAMBUSDT Technical analysis update
One of the lowest market cap coins listed on Binance currently has a market cap of $25M. It could potentially reach $250M during this bull run.
The price is currently forming a triangle pattern. Once the price breaks out, we can expect a strong bullish move in AMB, with a target of 500% to 1000%.
ALTUSDT: Trend Shifting to BullishALTUSDT technical analysis update
ALT price has broken the double bottom neckline resistance with high volume and has successfully retested. The price is now moving bullish toward the next target, though it may consolidate sideways before continuing upward.
Target1: $0.160
Target 2: $0.285
INJUSDT: Long-Term Target $100?INJUSDT Technical analysis update
INJ has been trading inside a falling wedge for the last 275 days and is now breaking the wedge's resistance trend line. We can expect a gradual bullish move in INJ. Additionally, the previous all-time high (ATH) acts as strong support, and the price has recently bounced from this level. By the end of 2024, INJ could potentially reach $100.
IOTXUSDT Bullish Channel!IOTXUSDT technical analysis update
IOTX price is breaking the descending channel's resistance line on the daily chart. The price has been trading inside the channel for the last 215 days. Now, it is moving towards the descending channel's resistance line for a potential breakout. Once the breakout is confirmed on the daily chart, we can expect a gradual bullish move in IOTX.
Regards
hexa
REZUSDT Rectangle Pattern!REZUSDT technical analysis update
REZ has formed a rectangle pattern and has been trading within this range for the last 20 days. The price is now moving towards the resistance of the box for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in REZ.
Regards
Hexa
ZROUSDT Bullish Triangle!ZROUSDT technical analysis update
ZRO has formed a symmetrical triangle pattern on the daily chart. The price is now breaking the triangle's resistance. We can confirm the breakout once the daily candle closes above the resistance line.
Buy level: below $4.00
Stop Loss: $3.00
Regards
Hexa
FTMUSDT Bullish Head and Shoulders!FTMUSDT Technical analysis update.
FTM has formed an inverse head and shoulders pattern on the daily chart. The price is now moving towards the neckline for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in FTM.
Buy level: After breakout confirmation on the daily chart.
Regards
Hexa
SOLUSDT Rectangle Pattern FormationSOLUSDT Technical analysis update
SOL has been forming a rectangle pattern for the last 170 days. The price is now approaching the rectangle's resistance, indicating a potential breakout. If the breakout occurs, we can expect a strong bullish move in SOL, with the price possibly reaching $500 in this bull run.
In day chart 200 EMA act as a good support for SOL
A similar pattern formed at the bottom, where the price stayed within a rectangle for 280 days before breaking the resistance and surging 600%. We could see a similar move once the current rectangle is broken.
Regards
Hexa
BTCUSDT Facing Repeated Rejections at 200 EMABTCUSDT Technical analysis update
BTC price has been rejected multiple times from the 200 EMA on the 4-hour chart. This time, we can expect a breakout and a bullish move.
Bitcoin price has formed a triangle pattern on the 4-hour chart and is now moving toward a breakout
Regards
Hexa
MAVIAUSDT Bullish ChartMAVIAUSDT Technical analysis update
MAVIA price is trading within a channel on the 1-hour chart and has formed a small wedge inside the channel. The price has now broken out of the wedge pattern, so we can expect a bullish move from the current level. We can anticipate a stronger move if the price breaks out of the channel.
Regards
Hexa