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#BTCUpdate There is no change in the market structure. Price is trying to break the yellow resistance area. Let's see if the price is able to break above this zone. The support level remains the same. A big move is coming very soon.#feedfeverchallenge #BinanceTournament
NKN analysis:
Price is trading in the range of $0.065-$0.15 area for the last year. Price tried several times to break this range but the long wicks showed heavy price rejection. Price is now testing the resistance area. You can open small short positions with tight stop loss.#BinanceTournament #feedfeverchallenge #BRC20 #googleai #binancepizza
Price is trading in the range of $0.065-$0.15 area for the last year. Price tried several times to break this range but the long wicks showed heavy price rejection. Price is now testing the resistance area. You can open small short positions with tight stop loss.#BinanceTournament #feedfeverchallenge #BRC20 #googleai #binancepizza
Here's the Analysis of #ACH :
#ACH is been trending inside the Rising Wedge Pattern and Rejected from the Strong Resistance Zone of $0.0305 - $0.0311. Price Action looks very messy at the point, kinda formed the Consolidation Range. We need to wait for a breakout of the Strong Resistance area or Rising Wedge Pattern.#BinanceTournament #feedfeverchallenge #BRC20 #googleai #binancepizza
#ACH is been trending inside the Rising Wedge Pattern and Rejected from the Strong Resistance Zone of $0.0305 - $0.0311. Price Action looks very messy at the point, kinda formed the Consolidation Range. We need to wait for a breakout of the Strong Resistance area or Rising Wedge Pattern.#BinanceTournament #feedfeverchallenge #BRC20 #googleai #binancepizza
#Bitcoin is consolidating in a range-bound for an approximate of 80 days now. #Crypto #BTC #Binance #ETH #BNB #Twitter #News #NFT #Metaverse #Memecoinseason2023 #PepeCoin $PEPE #Pepe #Web3 #USDT #FTX #Lunc #Coinbase #Shiba #Doge #Floki #Dino #MemeCoin #Elon #Musk #SUI #XRP #USDT #CryptoCurrency #Blockchain #binancepizza #feedfeverchallenge #BinanceTournament
#LINA gave a strong push above the resistance area but rejected hard. If you took aggresive entry then good for you. Eventually price break the zone and you can wait for a retest to happen back to zone as support for buys.#feedfeverchallenge #BinanceTournament
#BITCOIN Daily TF ANALYSIS :
#BITCOIN on Daily TF, creating the Falling Wedge Pattern and lying the support zone of $27,000. It quite creating a consolidation range above it, and a breakout is needed to next impulsive move in the market. As per market structure, its trending bearish, so a flip below will be the High Probable for it.#BinanceTournament #feedfeverchallenge #BRC20
#BITCOIN on Daily TF, creating the Falling Wedge Pattern and lying the support zone of $27,000. It quite creating a consolidation range above it, and a breakout is needed to next impulsive move in the market. As per market structure, its trending bearish, so a flip below will be the High Probable for it.#BinanceTournament #feedfeverchallenge #BRC20
ARPA has been around for years already, but recently saw a huge pump. This actually looks a lot like Ripple: A big dump, followed by an almost complete loss of the gains over the next few weeks.
Now, ARPA may still have a decent loss coming its way at around -28% from current levels down to its next significant support area. I don't see a nice short entry right now, but I'll keep an eye on this.#BinanceTournament
Now, ARPA may still have a decent loss coming its way at around -28% from current levels down to its next significant support area. I don't see a nice short entry right now, but I'll keep an eye on this.#BinanceTournament
Here's the analysis of #SAND :
#SAND is been trading inside the large downtrend channel pattern and currently testing the resistance line of that channel. Also, price trading above the support zone of $0.512 - $0.527, so potential buy setup will form after break of the channel and a flip below will open the short-sell opportunity.#BinanceTournament #binancepizza #googleai #feedfeverchallenge #BRC20
#SAND is been trading inside the large downtrend channel pattern and currently testing the resistance line of that channel. Also, price trading above the support zone of $0.512 - $0.527, so potential buy setup will form after break of the channel and a flip below will open the short-sell opportunity.#BinanceTournament #binancepizza #googleai #feedfeverchallenge #BRC20
#TRX/UDST ANALYSIS
TRX successfully breakout the descending triangle, MA 50, and the point of control level, which will now act as support. MACD crossover is gaining bullish momentum. A bounce is expected for however long it is trading above the triangle.
TRX successfully breakout the descending triangle, MA 50, and the point of control level, which will now act as support. MACD crossover is gaining bullish momentum. A bounce is expected for however long it is trading above the triangle.
DOT is now retesting the resistance area. You can try a small short position here with a tight stop loss above the $5.90 level. We may see a continuation of the downtrend after the retest.
Bitcoin is now trading at the resistance level. If the price breaks above the downtrend line then we see a good upward movement in the market. The support level remains the same and if the price rejects from here then we see a test of the support level.
Btc update #BTC #crypto2023 #Binance
28k is support if daily candle closing for bullish we need 28600-700 above closing if not the market wil fall
28k is support if daily candle closing for bullish we need 28600-700 above closing if not the market wil fall
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