Ethereum (ETH) recently experienced a bearish breakout below the main trendline on the 4-hour chart, signaling potential downside momentum in the near term. Currently, ETHUSDT is trading around 2.421, with both the 34 EMA and 89 EMA acting as resistance above, reinforcing the bearish outlook. What do you think about this analysis? Do you see Ethereum recovering...
BTCUSD is currently trading around 67,957, continuing the recent decline. Despite the pressure on Bitcoin, the long -term prospect is still positive, because it continues to move in the parallel channel. Looking at the technical indicators, we see that BTC has maintained its position on EMA 34 and EMA 89, signaling the potential for reversing. It is expected...
In today's trading session, BNBUSDT is facing clear bearish pressure after breaking the important support zone around $573. The EMA 34 and EMA 89 show that the downtrend is strengthening, and the price has now continued to fall to the $560 area, below the important moving averages, marking a weak signal in the short term. It is expected that BNBUSDT may continue...
On the daily chart of SOLUSDT, we can see that after a sharp increase and approaching the resistance zone around $180, SOL is now under pressure to correct and reverse. This correction comes amid increasing risk-off sentiment among investors due to the uncertain global economic situation. Moreover, inflation remains high, while central banks around the world,...
Bitcoin is currently trading around $69,962 after a slight correction and touching the support zone between $68,102 and $68,976. This price zone has proven to be a strong support zone in the short term. The 4-hour chart shows that the price is in a consolidation and accumulation phase after the previous strong rally, with the 34 EMA and 89 EMA acting as dynamic...
Solusdt on the 4 -hour frame shows a strong adjustment after the previous price increase. The price has broken the trend of increasing trend, and is currently fluctuating under an important resistance area around $ 170. This shows that the increasing motivation has weakened, and the high likelihood of SOL will continue to adjust. Important levels: Short -term...
BTCUSD has just broken long -term decreases, showing new growth potential. If the price is supported around $ 66,300, the next goal may be a new ATH search at the peak of $ 74,000. Strategy: Buy when the price is on $ 66,300, profit at $ 75,000 or more.
Today, BTCUSDT tends to increase with this currency currently fluctuating around $ 69,400. The market predicts the Federal Reserve may temporarily suspend the interest rate increase cycle, capable of weakening the dollar and promote the attraction of Bitcoin as an alternative asset. In addition, the increasing investment of organizations in Bitcoin has...
Hello all dear traders! BTCUSDT is trending up today with the coin currently hovering around $72,300. Technically, although BTCUSDT is rising, there are clear signs of overbought conditions with immediate resistance at $73,300 and the higher high at $74,000 yet to be broken. This could lead to consolidation or a pullback in the short term. However, given the...