$ACT As shown, the currency reached the resistance and could not penetrate it, and the currency rebounded towards the support at the 0.1900 level #BinanceAlphaAlert #ACTUSDT
Ethereum is experiencing a significant price surge, surpassing the $3,200 mark, driven by recent updates and increased adoption of its technology. In this video, we will explore how these updates impact the future of Ethereum and how investors can benefit from them. We will also discuss the importance of monitoring the market and making informed investment decisions to ensure the best returns. Don't forget to like and share the video with those interested in cryptocurrencies to benefit from this valuable analysis.#Ethereum#Cryptocurrencies#Investment#TechUpdates #MarketAnalysis
In the previous post I told you to buy Bitcoin and Bitcoin is currently in an upward wave that will not stop until it reaches the level of 109,000$BTC
And today I am telling you to buy Ethereum $ETH Its current price is 3,190 The target is above the level of 3,400 And the stop loss is at the level of 3,100
$BTC I mentioned in the previous post that Bitcoin will cross the 65,000 barrier And this has happened, thank God And the focus is on buying areas at the 63,000 area #bitcoin Always be prepared for what is new in the financial markets
Today will be a day with a lot of volatility after the non-farm payrolls data comes out.
A worse than expected data would take the price to our target zone at 1.09750 - 1.10000, but if the data is better than expected, we would have a fall in the euro that we would take advantage of to place more buy orders.
Guys, what do you think? Leave a comment with your thoughts.
abcdpattern fundamental beyondta btcusd btcusdt bitcoin ascendingchannel descendingchannel fibonacciextension zigzag
18 hours ago
Make sure you prepare for this huge historical bullish trap on Bitcoin. Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this situation? Probably buy/long BTC at around 71k to 75k. That's where the whales step in and start selling, sending BTC back to 63k!
Why 63k? This is a strong support because we have an unfilled FVGAP + Point of control (POC) of the previous market structure. I really don't see any bullish sentiment during the summer season, as statistically, Bitcoin has been going sideways.
From the Elliott Wave perspective, we are in wave 5 of the first impulse wave, which is of course very bullish for the long-term, but buying at the end of wave 5 is probably not a good idea. What successful traders generally do is wait for an ABC corrective pattern to form before buying.
In the comment section, name your altcoin, and I will make a technical analysis for you and my opinion! Please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
3 hours ago
Comment:
Tomorrow I will do an analysis of your coins. You can still make a request in the comment section.
WHITEBIT:SOLUSDT170.4376 −3.10 −1.79%Solana / Tether US
1241
31
trendanalysis indicator fundamental solanausdt solana solanaanalysis solanalong solusdt solusdtlong
With the resurgence of memecoin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180 but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172, indicating the possibility of a large move ahead.
While the crypto markets have been outpowered by the bears, can the SOL price initiate a fresh upswing to nullify the selling pressure?
Ever since the start of the rally in March, the SOL price has demonstrated its strength by marking highs above $200 a couple of times. However, a rejection followed, causing a 40% loss in value. Regardless of this, the current trade set-up suggests the bulls to be holding a tight grip over the rally and hence demonstrate a higher possibility of reclaiming $180 in the first few days of June.
As suggested in the above chart, the SOL price continues its trade within a symmetrical triangle and is currently holding above the local support zone between $155 and $160. The tight accumulation has occurred due to the equal participation of the bulls and bears and hence this suggests a huge price action could be on the horizon.
Besides, the technicals suggest a notable change in the trend as the Gaussian channel just turned green, indicating the beginning of an upswing. Moreover, the price is closely ranging just below the upper bands of the channel and if they manage to break above the levels, a fresh upswing may begin. Secondly, the stochastic RSI has also reached below the lower threshold and could be preparing for a rebound, substantiating the bullish claim.
Therefore, Solana’s (SOL) price continues to remain within bullish influence and hence a bullish breakout above $175 may be expected at the beginning of the second half of 2024.