Earlier, the price formed an "ascending triangle" pattern—a continuation pattern that occurs when the price gradually forms a series of higher lows while the upper boundary (resistance) remains flat or slightly rising. This signals a narrowing range and potential further growth. And I warned you about this in advance! (By the way, which of your traders describes...
The coin is in a sideways trend and near the lower boundary. If not now, then when to enter a position? Personally, I can’t give advice, as the best opportunity was yesterday, and the second-best opportunity is today. From the current levels to $0.9, it’s quite reasonable to accumulate on spot. The nearest target is $1.8. You can easily take at least 2x on spot.
Elon Musk continues to actively support and promote this cryptocurrency, mentioning it in various contexts (e.g., tweets, interviews, news, etc.), which can influence the coin's price. After a sharp price increase (a strong impulse), I expect its value to stabilize and remain at the same level for some time (sideways movement, as we see now). Personally, I will...
For Solana, I'm expecting continued growth through intermediate flat corrections. At the moment, I anticipate the price will continue its upward movement and reach higher levels. My nearest targets (including spot): 1 - $260 2 - $300 3 - $350 4 - $400 Growth of Solana = growth of its ecosystem.
At the moment, the asset is in accumulation (sideways movement), where the price reacts to the support level each time. I expect a similar movement this time as well. Locally, #BNB looks set to continue its growth, just like other altcoins, so personally, I continue to work from the buy side. I’ve illustrated the setup on the chart.
Currently, the coin is in a sideways trend, where asset distribution is taking place. A breakout above the resistance level will indicate buyer strength and the potential for further growth. Exiting such accumulation zones, especially in this market, will most likely result in an upward impulse, so it makes sense to try and catch this movement. However, if the...