GM, on 24 aug 2024, BTC went over 64k for several days topping at 65k before falling back in range of below 60k and now looks like it's ranging between the discount and premium zone of 58k to 62k.
there seems to have 3 probabilities of how it would turn out.
BTCUSD will go sideways within the range between the discount and premium zone therefore having mean...
As of August 16, 2024, Solana (SOL) is positioned at the range low within the discount zone, presenting an ambiguous outlook due to recent price action. The current technical situation suggests that further clarity is needed, potentially requiring two confirmation candles to determine SOL’s direction.
Bullish Scenario:
If SOL closes a candle above the discount...
As of August 16, 2024, Ethereum (ETH) has closed above the discount zone, signaling a potential move towards the range high or premium zone. This technical setup suggests that ETH is likely to continue its ascent within the current ranging market.
In this context, there are promising long opportunities for ETH as it aims to move from the discount zone to the...
GM, Today as we can see from the chart, we could have 2 path to focus on, the market is ambiguous and we can see how this could turn out for us in 2 ways which will be labelled as path A & path B.
So far for the past few days we can see that Bitcoin is currently on sideways touching both discount and premium zone, only to go lower and closing at 56.7k and...
An obvious Cup and handle chart pattern has formed on $Apecoin and we'll be potentially looking for a new ATH at around $17+ to $18+ if it breaks through the $14.5 resistance. feelig bullish for this but always remember to have risk management and stop loss ready if things didn't turn out as expected.
