ALTCOIN MARKET OVERVIEW
from the CryptoPrime team
02/05/2024:
#marketoverview #Web3 #token
Volume - 663 million/24h
There is a price breakout from the range 1.3408-1.3798, in which it traded during the day.
The situation is well seen on M15.
There was an average volume on the breakout of the flat.
Waiting for a test of support to make a decision.
If the price comes to the support level and holds it, I will open a #LONG position and hold it until $1.5
Volume - 249 million/24h
The situation with the descending trendline.
There are three tests.
On M15 it has been stretching since February 4.
Now it is squeezing under the trendline.
When the tape accelerates in order to break through, I will open a #LONG position, aiming to buy back the trendline to about $2
Volume - 242 million/24h
The situation is on the verge of breaking the descending line.
On M15 there is a descending line from February 4 with LP, but still with a squeeze and testing support at 3.250.
If the price is held at support and there are active buys, I will open a #LONG position, aiming to buy back the trendline.
Wishing everyone profit!!!
