$BTC Crypto Market is very Slowl down
Market Trend Direction:
Overall Sentiment: Bearish
Every coin listed is showing a red percentage (loss) in the last hourly/daily trend, ranging from -1.96% to -5.19%, indicating strong downward pressure in the short-term.
🛑 2. Key Support & Resistance Zones:
(Approximate, based on visible data)
Coin Support (S) Resistance (R)
BTC Rs 31,800,000 Rs 33,000,000
1INCH Rs 68.00 Rs 72.00
AAVE Rs 71,000 Rs 75,000
ACM Rs 240 Rs 270
ADA Rs 200 Rs 215
ALGO Rs 65.00 Rs 72.00
ALICE Rs 100 Rs 110
ANKR Rs 4.20 Rs 4.80
ARDR Rs 7.00 Rs 9.00
→ If these support levels break, expect further downside. No coin is currently near resistance.
📊 3. Volume Analysis:
Observation: No volume shown in image, but current % drop without bullish reversals implies low buying pressure and dominant seller control.
→ If volume spikes on downtrend = panic sell.
→ If volume increases near support = possible bounce.
🕯️ 4. Candlestick Patterns:
Likely presence of Red Marubozu or Bearish Engulfing on many coins (based on % drop without tail recovery).
Indicates strong momentum candles with no sign of reversal.
📉 5. RSI / MACD Status (Inference):
Though not directly visible:
RSI likely below 40 on most, signaling oversold territory.
MACD possibly crossed bearish on 1H timeframes. → However, not enough momentum yet for reversal confirmation.
📌 6. Final Recommendation:
Coin Action
BTC Wait for Rs 31.8L support test – Wait
1INCH, ADA, ALGO, ALICE Oversold but no reversal – Wait
ACM High volatility, dropped -5.19% – Avoid for now
ANKR, ARDR Micro caps, risky dips – Wait/Low-volume test buy only if support holds
AAVE Good fundamental but weak now – Wait/Watch
🧠 Bonus Insights (from pattern recognition):
The entire market is likely reacting to macro sell-off or BTC dominance surge.
Wait for confirmation candles like Doji, Hammer, or Bullish Engulfing at support levels before re-entry.
📌 Pro Tip: Don’t try to catch falling knives. Let the market find support and confirm a bounce before entry. #MarketSlowdown
