It is holding the trendline and chances are that it will pump hard from here.
If you analyse history of BTC, you will see that it barely holds support third time. And you can see, it is touching the trendline support third time. Now the bounce zone is look around the other trendline that I draw and 90% chances are that it will bounce hard from there.
If you have not taken any entry, now is the time. Don't miss this chance before it takes off. Lots of things are happening in Polkadot and this is under value right now. I can DOT rally is near.
Bearish divergence forming on daily time frame. Time to book all your profit and then wait for correction for another entry.
A bull flag formation typically occurs as a temporary pause or consolidation within an uptrend, characterized by a downward sloping flagpole followed by a parallel consolidation channel, resembling a flag. This pattern often signifies a continuation of the previous uptrend, suggesting that FETUSDT could experience further price appreciation in the near term.
BTC is looking bullish as it is making a bull flag on LTF. If breaks then ALTS will also pump for sure. It is also bullish on a HTF, there is a small resistance above if gets cleared then boom we will enter in a bull run and this boring market will end. Overall it is a best time to enter in the market. After a year or two, you'll never see BTC price at this price.
Luna is one of my favorite crpto and now I think it will show us why its my favorite.
Taking a LONG here with low margin and leverage because the market is so uncertain now due to the Ukraine-Russia issue.
SOL can test the 200 moving average and that is what my take profit is. A double top is a bearish sign and prices typically drop after this.
ALGO is making an inverse H&S pattern in a 4-hour time frame. In order to achieve our target, it needs to break above this trendline which is now a strong resistance.
LUNA is at a strong resistance and bearish divergence also forming on 4-hr tf. I think its price can drop around $70 or maybe below. But if it pumps to $89 then my prediction will fail. Btw, I've opened my short here. Let's see!
BTC price may bottom around $19,700 because it formed a double top on larger tf and currently sitting around its neckline. The Ukraine-Russia crisis is helping in dumping the market more. Alts will bleed badly. There are very few chances that it will rally up until 2024. If it does not follow the plan and go up then by making the triple top it will still come to $19,700.
SOL reached great highs in 2021 but I personally think that in order to grow it has to come down to this trendline that I draw and touch these prices/levels then we can see a new rally upwards.
Triple Top is a bearish reversal chart pattern that leads to the trend change to the downside. Also, the RSI is in the overbought area and there is a strong resistance just above. A good chance of short!
KAVA is making a bullish flag well as a falling wedge. Chances are it will rally upward only if BTC does not dump from the current price.
A head and shoulders pattern is a bearish reversal pattern, which signals that the uptrend has peaked, and the reversal has started as the series of the higher highs (the first and second peak) is broken with the third peak, which is lower than the second.
A double top is a bearish pattern. Solana is now at support and chances are that it will bounce from here towards its resistance which is $116. Keep in mind that it's a 15 min timeframe and we cannot predict its price action for long term.