My name is Mukhtar Saeedat, I have a doctorate degree in accounting and finance, specializing in financial markets, digital marketing, and digital currencies.
Ideally as planned this week, it is trending higher now. The price exploited the next major resistance level, around $70,000 and $71,000. Currently, the price is facing some selling pressure and a pullback is expected. The structure is bullish, so anyway we are heading towards ATH.
#ORDI is moving back and forth between the key level $40.20 - $40.50 and holding on to the supporting trend line as well. The price is also moving through a falling wedge pattern, which the price is now trying to break. A close will lead to a clean trading range of 5%, which is not enough. You can expect this call to break the next resistance level as the market is now bullish.
In English, the word "minnow" can refer to a small fish - and a person or organization considered small or insignificant. The same concepts apply in the world of cryptocurrencies. A minnow refers to a person who owns a relatively small amount of digital assets. This means that when they buy or sell their cryptocurrencies, it is unlikely to have a significant impact on the rest of the market.
Ethereum prices witnessed a similar risk, after Bitcoin's price fell immediately after the halving, and recorded its worst performance ever after the halving. However, in the following days, Ethereum prices similarly recovered, bringing the overall performance into positive territory.
Sell from the resistance area and reach the list price now. The price is moving down as the bearish flag pattern is also broken. There is less data remaining now, and final support is at $0.371. Let us wait for the opportunity through the change in market structure.
#BTC☀️ achieved its weekly close above the $65,000 level mark and H4 held above the support level as well. The bullish market structure has also been maintained, so there are high chances that we will see some strong upward momentum this week.
#SUPER try to move higher instead of deep retest and break the trend line though. Now, a strong confirmation is needed to break the nearby resistance and the buying came on a retest of the area acting as support.
Gave a fake trick As we can see, the price reversed from the area. This is a possible reversal head and shoulders pattern, which has now had a successful breakout. We have the open range to move towards the all-time high. Hope for the best 📊
Trade #MANTA below the major resistance area but above the listing price. The price has formed a triangle pattern, where the price is located at the support level at $1.51. A rebound is expected from here towards the resistance trend line. A healthy breakout will determine the next impulsive move, so pay attention to it.
BTC.D is moving within a rising wedge on the weekly time frame, which is technically a bearish pattern. The RSI is in the overbought zone and is forming a bearish divergence. Therefore, we can expect a drop in BTC.D soon. A sustained breakout of the rising wedge would provide strong bearish confirmation. A downtrend in BTC.D, while BTC is moving sideways or up, indicates a rally in altcoins.