EOS is currently showing strong bullish momentum on the 4-hour timeframe, breaking past critical resistance zones clearly highlighted by the blue lines. The immediate support level is now established around the $0.67 region, previously a significant resistance point, indicating a successful breakout and potential for further upside.
The next significant...
Currently observing SUN/USDT on the 4-hour timeframe with Heikin Ashi candles:
1️⃣ Price Action & Trend
The price remains below the 200-period SMA, currently acting as a dynamic resistance at approximately 0.01677 USDT.
Clear short-term bearish trend structure, with lower highs visible since the recent spike.
The recent price action indicates consolidation,...
Chart Description:
Over the past 48 4-hour candles, ETH/USD has been oscillating within a tight range, suggesting a sideways market condition. The resistance zone around $3490-$3500 has been tested multiple times without a decisive breakout. However, the landscape is subtly changing post-ETF news, which hasn't yet significantly moved the market, potentially due to...
KASPA ( CRYPTOCAP:KAS ) has recently shown signs of consolidation, setting the stage for a potential bullish surge. With a strong foundation and several fundamental catalysts in play, KASPA appears poised to ascend to new heights in the crypto sphere.
Technical Analysis:
Consolidation and Accumulation: KASPA has undergone a period of consolidation, forming a...
In the fast-paced realm of cryptocurrency trading, keeping a keen eye on technical indicators and price patterns is vital for gaining valuable insights into potential market trends. This article delves into the recent achievement of the OMG/USDT crypto pair, which closed above its 9-day Moving Average (MA 9) this week. This milestone signals a bullish sentiment in...
We are at the last day of November and the monthly candle looks strong red, we are about to see the breakout from the support at $17 650 and the free fall will continue.
