💎Based on our analysis of #HOTUSDT, we have observed a strong bounce off the 227.2% Fibonacci retracement level, which has been tested and respected twice. This indicates a positive short-term outlook for #HOT, with the price likely to approach key resistance levels. 💎The first notable resistance is found at the previous supply/demand zone around $0.0018, while...
💎#CTK is currently revisiting the critical demand zone, which has been tested multiple times since May 2022. The ongoing consolidation within the triangle pattern indicates the potential for a bounce off the uptrend trendline. The robustness of the current support level suggests a bullish outlook, with a potential target of the upper boundary of the triangle...
💎#XLMUSDT successfully shattered the key resistance, signaling a significant shift in market dynamics. The subsequent breakout from the ascending channel propelled the price higher. A subsequent pullback found support precisely at the crucial 61.8% Fibonacci retracement level, underscoring its significance. 💎Notably, the emergence of a bullish divergence on the...
💎#GMXUSDT has shown promising signs of a potential bullish reversal. After breaking the downtrend trendline, the price found support at the previous supply area, which has now transformed into a demand zone. Additionally, the 200 Moving Average and 50% Fibonacci retracement level are acting as strong support. The MACD has also signaled a bullish divergence,...
#Bitcoin's encounter with the 200 Simple Moving Average today adds excitement to the upcoming weekly close. A confirmed clean bounce could fuel a potential rally for #BTCUSDT. As sentiment turns bearish, the classic whale play might involve a swift price surge, catching many off guard. And after the potential rally, don't be surprised if the anticipated...
QTUMUSDT has recently shown a promising bullish divergence on the MACD, and after testing the bottom of the descending channel, it has broken above the downtrend trendline. This is a strong indication of short-term bullish momentum, and we could see a potential 9% price increase from the most recent support. However, we must remain cautious as the recent low...
The cryptocurrency market is currently experiencing a bearish trend, as evidenced by the Total Market Capitalization (excluding BTC and ETH) chart. However, there are several factors that suggest a potential pullback may be on the horizon. Firstly, TOTAL3 has approached the bottom of the descending channel. This could indicate that a trend reversal is on the...
ICPUSDT is showing strong signs of bullish momentum with a nice rejection of the uptrend trendline followed by a 35% rally. After a minor pullback, price found support at the 23.6% Fibonacci level, accompanied by a bullish divergence on the RSI. Currently, price is bouncing off the minor uptrend trendline, and if a new lower low is not formed, the price of ...
On April 30th, #SOLUSDT bounced off the 61.8% Fibonacci resistance, resulting in a drop of over 16%. However, today we are witnessing a clean bounce off the 161.8% Fibonacci support level, indicating that SOL may be primed for a relatively strong move to the upside. To confirm a mid-term trend of SOL, we need to see a decisive break either to the upside or the...
🐂 #COMPUSDT bulls fiercely defending the $38 area, where the 78.6% Fibonacci support was twice rejected. The recent price action reveals a clean rebound off the uptrend trendline and the critical VolumeProfile demand zone. If this massive support continues to hold and #COMPUSDT can produce a new higher high, it is highly likely that we will see a continuation of...
#QNTUSDT has approached the critical demand zone, which traders have been watching for a year now. Currently #QTUM is also testing 161.8% Fibonacci support, where today we are seeing a clean bounce. For the bulls, it should be quite an important level to watch, especially a daily close around it. Because if it holds, followed by a $3.5 resistance breakout, trend...
#STGUSDT continues to show a strong long-term uptrend, which has been validated by the recent bounce off the uptrend trendline. This is a bullish signal and indicates that the price of #StargateFinance is likely to continue its upward trajectory in the near future. Additionally, the recent rejection of the 88.6% Fibonacci support level, which also corresponds to...
BINANCE:SFPUSDT appears to be showing strong support around the $0.4 zone, which has held steady for nearly 50 days. Additionally, the long-term uptrend trendline has provided a recent bounce, indicating positive momentum for #SafePal. Currently, the price appears to be consolidating within a range between $0.4 support and $0.52 resistance areas. With several...
ATAUSDT is about to break above the descending channel, as well as the crucial supply/demand zone. This can be an extremely positive price action for ASX:ATA , which is highly likely to result in an uptrend. We can also see that at the bottom, MACD formed a bullish divergence, significantly increasing the probability of an upside move. We will be monitoring...
FALCONS/USDTFREE UPDATE - Yello, ladies and gents Exactly 6 days ago, we shared with you secret information about the gem called #FALCONS! Since then, it pumped for around 39%, we just hit the first sell target this morning! Even tho we have secured our profit already, Falcons is now building a bullish base above an important MA line, and we expect this Gem...
FREE COIN ANALYSIS - FALCONS/USDT Yello, ladies and gentlemen #FALCONS is being silently accumulated by KuCoin veteran whales for almost a month now, and they are getting ready to break this out from the range soon. This altcoin is amongst the fundamentally strongest on KuCoin, and the major resistance is now sitting at around 7500, which is approximately 50%...
FREE MARKET UPDATE - Yello, ladies and gents One of the charts very few traders know about is OTHERS.D. This chart shows the dominance of coins, excluding Bitcoin and major altcoins with a high market cap. If you properly analyse the chart, you can clearly see that some fundamentally and technically powerful ALTCOINS will have some decent recovery in the...
BTC/USD FREE UPDATE - Yello, ladies and gentlemen The Pain is over. Market macro bottomed. Today's reversal candle should confirm it, it needs to close above $29500, and so far, it looks like we will make it! FROM A SHORT-TERM PERSPECTIVE We are seeing a good recovery supported by whales. A healthy rebound came, and with s, we have made a great profit from...