#indicador $BTC “any deeper retrace below $98,000 is very | kitsak2010 on Binance Square

Trending Articles

Bookmarked and Liked

--

#indicador $BTC 
“any deeper retrace below $98,000 is very unlikely.” The rising Kijun-sen, itself a 26-period mid-point, has in effect ratcheted support higher with every week of sideways trade.

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

199

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

@Kitsak

Explore More From Creator

#cryptotradingpro $ETH Rally To Continue From Here? After taking a dip under $2,400, $ETH price is once again showing major strength, up by 8.83% in the last 24 hours, and currently trading at $2,573 with a market cap of $310 billion. As per the Coinglass data, the Ethereum futures open interest is up 7% to more than $31.24 billion, underscoring a strong bullish sentiment among traders. On the other hand, the 24-hour liquidations have soared to $91.6 million, of which $59.6 million is in short liquidations. Popular analyst Crypto Patel also highlighted the formation of a “Golden-Cross” pattern on a 12-hour ETH chart. A Golden Cross forms when a short-term moving average crosses above a long-term moving average. As a result, the analyst’s projected ETH price target is currently between $3,800 and $5,000 or higher. If the $ETH price holds above the crucial resistance of $2,500, the bulls can continue with the ETH price rally to $3,000 and beyond in the near term.

--

#cryptotradingpro For now, the market remains range-bound. As long as $99,000 holds on a closing basis and the Chikou-span (lagging line) stays above price, Dr Cat sees little reason to abandon an all-time-high thesis. “If by the time of the cross the price is still holding above Tenkan Sen … if ATH is not seen by then, it should be seen pretty much immediately,” he wrote. Whether that confidence will survive the macro calendar is another question. What is clear is that both discretionary traders and systematic funds are marking 9 June as the moment the chart either validates the 2025 bull cycle—or postpones it once more. At press time, $BTC traded at $103,721.

--

#cryptotradingpro Despite the controversy, technical indicators point to $ADA being in a consolidation phase at the moment. At 51.7, the relative strength index indicates neutral momentum. The MACD has a negative crossover and little upward pressure, making it somewhat bearish. Looking at moving averages, the 10-day and 20-day EMAs and SMAs are currently acting as resistance, suggesting short-term selling pressure. Longer-term support is offered by the 30-, 50-, 100-, and 200-day moving averages, which are still trending upward. The key to stopping additional losses may lie in ADA’s ability to maintain its position above its 100-day EMA, which is at $0.73. $ADA may move toward $0.78 or higher if bulls retake the 10-day EMA close to $0.76. If current support levels are not maintained, the price may drop below $0.72 and possibly reach $0.70 or even $0.68. Both sides are currently waiting for a catalyst, so the outlook is neutral.

--

#cryptotradingpro $ETH Price Regains Traction $ETH price started a downside correction below the $2,450 level, unlike Bitcoin. ETH traded below the $2,400 and $2,350 support levels. However, the bulls were active near the $2,300 zone. A low was formed at $2,308 and the price started a fresh increase. There was a move above the $2,450 and $2,500 levels. The price surpassed the 61.8% Fib retracement level of the downward move from the $2,583 swing high to the $2,308 low. Besides, there was a break above a connecting bearish trend line with resistance at $2,530 on the hourly chart of ETH/USD.$ETH price is now trading above $2,540 and the 100-hourly Simple Moving Average. The price is also above the 76.4% Fib retracement level of the downward move from the $2,583 swing high to the $2,308 low. On the upside, the price could face resistance near the $2,580 level. The next key resistance is near the $2,600 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,780 resistance zone or even $2,840 in the near term.

--

#cryptotradingpro $BTC Price Starts Fresh Surge $BTC price started a fresh increase from the $102,000 support zone. $BTC formed a base and was able to clear the $104,200 resistance zone. The bulls pushed the price above $105,000. There was a clear move above the 50% Fib retracement level of the downward move from the $107,042 swing high to the $102,100 low. It opened the doors for a move above the $106,000 resistance zone. The current price action is positive since the price settled above the 76.4% Fib retracement level of the downward move from the $107,042 swing high to the $102,100 low. There is also a short-term bullish trend line forming with support at $105,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $105,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $107,000 level. The first key resistance is near the $107,200 level. The next key resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level and a new all-time high.

--

Latest News

Meituan to Launch AI Programming Tool 'NoCode'

--

BNB Surpasses 650 USDT with a 2.15% Increase in 24 Hours

--

GENIUS Act's Potential Impact on Ethereum and Other Cryptocurrencies

--

Bitcoin Approaches Key Resistance with Technical Warning Signs

--

Danske Bank Delays Fed Rate Cut Forecast Amid Easing Recession Risks

--

Trending Articles

$SOL 📊 SOL/USDT Trading Signal – May 20,

Crypto Expert 0

Every time the market pumps, you're either sitting on the si

tanzeelofficial09

[Get 2000 Cliam Here try your luck](https://www.binance.com/

Here’s XRP Price If Ripple Surpasses Google, Apple, and Microsoft after IPO

Important Message for #Pi Network Users I know many Pi user

Cookie Preferences

Cookie Preferences