Price of BTC broke above all resistance lines and made a new ATH. However, since the levels it broke were monthly levels, it will need more time to stay in these higher levels to keep its momentum Whether this move has been accumulation or distribution remains to be seen and we have to move forward step by step with it to find the understand From what it...
Wave A of this correctional pattern extended greatly to bring a lot of profit to many #AltCoins in #Crypto Market However, it seems that wave is finished & we may start another correctional pattern to fill in wave B So what does it mean? It means that we may see some up & down in crypto market for the market makers to gather enough liquidity to continue on...
Price finally reached our first support zone after 6% correction & respected our number and showed nice reaction to it Now we have to see how much recovery we can get from this support before going down again
We have got more than 6% correction so far just expected on this index The first target on this analysis is highlighted on the chart & we can expect some reaction from market at this zone. So let's see what happens
This analysis once again showed us the way with almost 12% correction causing good growth in the market Now pay attention how market reacted to our zone & how this index pumped for at least 4% causing some blood in the market At this point we have to follow market behavior to see whether it will keep this correctional momentum or not
TON SPOT Entry: 4.236 - 3.673 Targets: 5.177 - 6.017 - 7.693 Stoploss: 2.972
Looks like TRON is aiming to grab the liquidity on the highlighted region. But the momentum is not strong enough so we may see a correction after a new ATH
BTC Dominance (BTC.D) on the 1W timeframe is expected to rise towards the marked zone between 60.92% and 67.78%. Once it reaches this level, we anticipate a potential decline in BTC.D. This shift would likely signal capital moving from Bitcoin to altcoins, paving the way for an increase in altcoin prices.
Finally USDT Dominance gave up & dumped from the highlighted area to finish wave G of our diametric pattern 7.5% Correction in this index which caused good recovery in some of the alt coins. At this point we expect this index to range for a while so some of the alt coins could gain more momentum We have to keep our eyes on this index to look for a new pattern forming
ETH followed my analysis perfectly as planned & we got 10% recovery since last update Now price is getting close to finish this wave of movement and begin the next. But we have to wait and see where and how this movement will start. If and when price finishes the yellow path, then we have to see whether we can get a new pump in the market or the correction will...
I said in my previous analysis that if I do not get a strong come back, there is a chance for rejection ☄️ From the looks of it, even the news of war was not able to create super bullish candles to go to higher levels so we CAN expect another visit to lower box
Bitcoin Dominance seems to getting close to a resistance point. Until we get a rejection on this index and alt coins start breathing again Keep your eyes on this index to see when this rejection will happen
SUI seems to be eager to make a new ALL TIME HIGH so shorting this coin at the current levels would not be very wise I advise you not to trade against the trend of hyped coins because market makers could easily push your trades out & liquidate you Use this insight to guide your way for longer term investments
SNX SPOT Entry: 1.70-1.65 Targets: 1.80-2.0-2.50-3.0 Stoploss 1.45
AI/USDT- It took Breakout so it is good but If it take retest then it may pump more
#SUIUSDT 4H ANALYSIS Direction: #LONG Leverage: 3x Entry Area: Around 0.8333 Target Area: 1: 0.9398 2: 1.0696 3: 1.2089 Stoploss: 0.7047
The BTC weekly chart is somewhat concerning. BTC is likely to correct on the daily timeframe back to the support zone and meet the weekly trendline. This area coincides with the 0.5 Fibonacci level, and the RSI is also showing an oversold condition.