The price is bouncing from 4h support as expected and mentioned in the previous post. I believe this bounce will lead the price to at least 4h resistance 1 zone. Lets target that first and based on the momentum we can see whats the probability of it going further up from that resistance zone.
The price has hit daily support twice and both the times, it had a significant bounce to the next resistance zone. This second bounce currently trying to pierce through the resistance. With a bit of push back, I believe the price is going to move above the resistance zone and may aim for 4h resistance 2 zone.
Price breaking the 4h support 1 zone. This opens the way for downward movement to the next 1h support and then 4h support 2 zone. The path how I expect the price to move has been depicted on the chart.
The price is going to hit 4h support area soon. However, it will then aim for the daily support 1 area around 12.5.
The price broke down from 4h support 4HS1 and retested it from below. This retest pushing price down and likely to revisit the 4h support 4HS2 around 1.10 area as marked on the chart.
The price is heading towards 4h support 2 zone. It is expected to hit around 0.00001290 before any bounce from that support.
So as mentioned in the previous post, the price hit the target of 3990 following S1 path. This is a weekly support zone and I expect a bounce from here. The degree of bounce from here and the momentum in that bounce will decide the next course for the price action. The bounce will head towards daily resistance 1 and 2 zone.
US500 is on the way to revisit the weekly support zone around 3990. Currently it has hit the daily support but it is likely that it will go and at least touch the weekly support zone. But they both are quite close. That will definitely produce a bounce to the upside and might bring the price to daily resistance level. Let us see if this daily produces enough...
Price pushed above the 4h resistance 1 zone several times but could not hold there and always got pushed back. The last push to the upside was strong but met with the same fate as other attempts. The price is bouncing again from 4h support 1 zone. It shall again hit the 4h resistance 1 zone.
Price was consolidating under 4h resistance 1 zone and finally broke out of that to the upside. I believe this 4h resistance 2 zone is not going to bother the price much this time and the price, with just a bit of hesitation, will break it to the upside.
WAVESUSDT still having some potential to go up and tap the weekly resistance. That resistance will push the price down. The weekly support is also marked where it will find the support when the price will be pushed down from the weekly resistance.
Price may head for the current 4h support (marked as 4HS). The reaction of the price after touching that level will give short term direction idea where the price want to go.
BTCUSDT clearly got rejected from the 4h resistance 2 zone marked on the chart. Currently it is struggling to hold the 4h resistance 1 zone from where it broke out and attempted to break next resistance zone. The price will momentarily bounce here as current zone marked as 4h resistance 1 zone will act as a support.However, a next hit to this zone will let the...
The price is ranging between the support and two resistance ranges. Currently hitting the 1h resistance turned support area. I think it should again aim for the 4h resistance 1 zone.
So the price now is bouncing from the 4h support 1 area. How about trying to hit 1h resistance zone marked on the chart. I see the probability of this event higher than the price going the other direction immediately.
SHIBUSDT seems like heading for 4h support region. It clearly got rejected from 4h resistance 2 zone after the breakout
LINKUSDT heading for weekly resistance marked as WR1 on the chart. The price is likely to be pushed back by this resistance.
This is how the long term looks like for CRVUSDT. Once the price closes above the current monthly resistance MR1, it will head for the monthly resistance MR2 which is around 2.55 level.That will definitely cause the price to push back and it shall attempt again to break that MR2 resistance.