Bitcoin’s daily chart shows a strong bullish trend after breaking out of a descending channel, now trading within a new ascending channel. The price is currently above both the 100-day and 200-day SMAs, indicating solid upward momentum. However, Bitcoin is nearing the upper boundary of this channel, suggesting a potential pullback could be on the horizon. Key...
1. Trend Analysis: Ascending Channel - The price is moving within an ascending channel, with the upper and lower red trendlines acting as resistance and support, respectively. - The continuation of higher lows and higher highs within this channel suggests an upward trend, but a breakout or breakdown of this channel would confirm a stronger directional...
- Timeframe: 1-hour - Trend: Ascending channel - Key Indicators: - 100-period SMA: BTC is trading below this level, showing short-term bearish sentiment. A reclaim above the SMA could indicate bullish momentum. - MACD: Currently bearish, with the MACD line below the signal line and a negative histogram, suggesting selling pressure. - Support Levels: -...
Currently trading within an ascending channel, LUNC/USDT has recently tested the channel’s lower boundary, with the 100 and 200 SMAs nearby providing potential support. The MACD is bearish, with the line below the signal and negative histogram bars, indicating downward momentum. However, the Stochastic Oscillator shows oversold conditions, suggesting a possible...
📊 **Current Price**: 0.00008575 📝 **Key Observations**: - **Trendline Support**: Price is currently testing an **ascending trendline** that has held since late September. A break below this level could lead to further downside pressure, with potential support around **0.000082** and **0.000075**. - **MACD**: The **MACD** is showing **bearish momentum**, with...
** SEED_DONKEYDAN_MARKET_CAP:LUNC Terra Classic - Key Support & Resistance Levels to Watch!** 🚀📊 🔸 **Current Price**: 0.000086628 🔸 **Timeframe**: 4H 🔸 **Trend**: Consolidation after recent pullback --- 📈 **Key Support Levels**: - **0.000083620**: A strong confluence zone with the upward trendline and the 100 SMA. - **0.000082709**: 38.2% Fibonacci...
LUNC is showing promising signs of a continued upward trend, with bullish signals appearing across multiple timeframes. * **Long-term:** Higher highs and higher lows suggest a strong underlying uptrend. * **Medium-term:** Bullish MACD crossover indicates increasing upward momentum. * **Short-term:** Consolidation above the ascending trendline could be leading...
Terra Classic (LUNC) is making a strong statement with a 17% surge in its market cap, now reaching $615,262,846! This impressive growth is reflected in the 4-hour chart, which reveals a clear upward trend with the price consistently breaking through resistance levels. **Key Levels:** * **Support:** Holding strong around $0.000087570. * **Resistance:** Recently...
Bitcoin (BTC) has smashed through the crucial $62,997 resistance level with convincing volume, signaling a potential continuation of the uptrend. This breakout confirms the bullish momentum we've been observing. **What's next?** * **Next Targets:** The upper trendline of the ascending channel around $65,654 is the next major resistance. Beyond that, previous...
Terra Classic (LUNC) has surged past a key resistance level with strong volume, signaling a potential trend reversal. Bullish indicators like the Bollinger Bands and moving averages suggest this upward momentum could continue. Is LUNC finally on its way back to the moon? 🌕 **Key takeaways:** * LUNC breaks above crucial resistance. * Strong volume confirms...