$BTC /USDT ANALYSIS Bitcoin is trading above the descending | CoinInsight on Binance Square

Trending Articles

Bookmarked and Liked

--

$BTC /USDT ANALYSIS Bitcoin is trading above the descending broadening wedge pattern, with the Ichimoku Cloud also indicating bullish momentum. 
The price is currently bouncing above the wedge’s trendline, which is acting as support. If Bitcoin continues to hold above this level, we can expect a potential bounce to the upside. 
#BinanceTGEXNY 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

107,014.57

-0.70%

45

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@CoinInsight

Explore More From Creator

$PHA has seen a decline of 3.452% over the past 24 hours. The price fluctuated between 0.0987 and 0.0926, suggesting a tight range. Support stands at 0.0926 while resistance is set at 0.0965. Currently, the RSI at 46.71 indicates that the asset is neither overbought nor oversold. Market sentiment appears undefined, leaving traders cautious amidst this dip. If the price tests support at 0.0926, a potential bounce could lead to a rally towards resistance. Conversely, a break below support may signal further declines, warranting close monitoring. No significant news has surfaced, keeping the market's focus on technical levels. #NEWTBinanceHODLer

--

$CKB has shown a price decrease of 1.847% over the last 24 hours. The trading range was relatively tight, with a 24h high of 0.00338 and a low of 0.003223. Currently, it operates within the Bollinger Bands, suggesting limited volatility. The upper band at 0.00334 and lower band at 0.00323 reflect this context. Support remains at 0.003223, while resistance is positioned at 0.00338, indicating a bearish trend. The overall market sentiment is down, potentially due to macroeconomic factors like inflation and regulatory uncertainties. Bitcoin's influence appears to be minimal currently, but it’s often a bellwether for altcoin movements. Traders may consider a short-term strategy given the current volatility and bearish trend. Key takeaway: Monitor macroeconomic indicators closely, as they could drive a pivotal shift in CKB’s price action ahead. #BTC110KToday?

--

$BNSOL is currently trading near the lower Bollinger Band at 146.4. This suggests potential support, but also indicates the price may be oversold. With a recent drop of -3.497%, watch closely for a reversal or further decline. Volatility appears to be contracting, which may lead to a consolidation period. Consider placing a stop-loss just below the support level at 145.3 to manage risk. A buying opportunity may arise if the price rebounds. Set alerts around 146.5 for potential entry or 152.5 for resistance testing. #BinanceAlphaAlert

--

$EGLD has experienced a significant drop of 4.089% over the past 24 hours. The price fluctuated between a high of 13.56 and a low of 12.87. With the overall market in a downtrend, EGLD faces consistent selling pressure. The Bollinger Bands indicate a tight range, suggesting potential volatility ahead as it approaches the lower band at 12.88. Support remains firm at 12.87, while resistance is at 13.3. Macroeconomic uncertainty, coupled with undefined Bitcoin movements, may contribute to EGLD's price instability. Traders should consider a short-term approach to capitalize on potential rebounds, given recent volatility. Key takeaway: Pay attention to macroeconomic indicators, as they play a vital role in shaping EGLD's near-term price movements. #BTC110KToday?

--

$APE has experienced a notable decline of 3.107% in the past 24 hours. The price fluctuated between a high of 0.6235 and a low of 0.5809. With current support at 0.5809 and resistance at 0.6111, traders are watching closely for potential breakout opportunities. The RSI sits at 43.87, indicating slightly bearish momentum without being oversold. Market sentiment remains undefined, suggesting caution among traders amid recent fluctuations. Any significant news could influence these price levels, potentially triggering either a rebound or further decline. #SaylorBTCPurchase

--

Latest News

Genius Group Plans to Allocate Lawsuit Winnings to Shareholders and Bitcoin Treasury

--

LayerZero Protocol Fee Switch Remains Closed After Unsuccessful Vote

--

Analyst Observes Potential for Altcoin Market Growth Amid Moderate Trading Volume

--

AguilaTrades Initiates High-Leverage Bitcoin Short Position Following Profitable Trade

--

Bitcoin Liquidity Shows Significant Expansion in June

--

Trending Articles

$BTC pumped after clearing the lower side liquidity and now

DeCrypto TokenTalks

As of today, I can confidently say that even if we have 10 b

Farrah Depetris qTix

THE FINAL BOUNCE BEFORE THE BLOODBATH.

Learn this simplest method of trading cryptocurrencies, and

Get future signals 971521542350

XRP Insiders Dump $68M Daily—Smart Money Exit from the Dust

Cookie Preferences

Cookie Preferences