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BEST CRYPTO TECHNICAL ANALYSIS


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Posted

Weekly Crypto Analysis – Bitcoin’s $43,750 Surge, Ethereum’s $2,000 Dip, Uniswap Drama.

 

Introduction

Bitcoin faces a pivotal moment with a weekly close near $43,750 as it recovers from a 20% slump. JPMorgan’s note on GBTC profit-taking sparks a potential 5% climb into an ascending channel. Ethereum drops to $2,000, while Chainlink’s price sees a 3.56% increase. Uniswap validates a bearish reversal pattern, targeting a 34% correction to $3.81, leading to $2.2 million in liquidations. Cryptocurrency market volatility remains subdued, maintaining a total market capitalization of around $1.56 trillion.

Markets In Focus Today – BITCOIN

Bitcoin Weekly Forecast As The Monthly Close Draws Near, The Significance Of $43,750 Grows.

Bitcoin price is nurturing a recovery rally after a 20% slump from the January 11 high of $48,969.BTC could climb 5% into protective custody of the ascending parallel channel as a buy signal beckons. Invalidation of the bullish outlook will occur upon a weekly candlestick close below $40,726. Bitcoin’s (BTC) price broke consolidation on the weekly time frame on Friday, but the daily time frame shows a steep downtrend. However, recovery efforts appear underway after investment firm JPMorgan said profit-taking on GBTC has largely concluded.

Technical   Overview With Chart :

24-01-27_01-29-10_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 41271.77 | Positive Crossover | Bullish
  • MA 20 : 41914.30 | Negative Crossover | Bearish
  • MA 50 : 41799.69 | Negative Crossover | Bearish

Simple :

  • MA 10 : 40934.95 | Positive Crossover | Bullish
  • MA 20 : 42595.20 | Negative Crossover | Bearish
  • MA 50 : 42924.10 | Negative Crossover | Bearish

RSI (Relative Strength Index): 47.35 | Buy Zone | Bullish

Stochastic   Oscillator : 47.78 | Buy Zone | Neutral

Resistance   And Support Levels :

  • R1 : 44312.50 R2 : 45985.97
  • S1 : 38894.98 S2 : 37221.51

Overall Sentiment: Neutral Market Direction: Sell

Trade Suggestion: Limit Sell: 42215.46 | Take Profit: 40112.99 | Stop Loss: 43832.75

ETHEREUM

 

  • MongiIG changed the title to BEST CRYPTO TECHNICAL ANALYSIS
Posted

Daily Crypto Analysis – Bitcoin Soars, Ethereum Crashes, Cardano Dips, Chainlink Struggles.

 

Introduction

Bitcoin hovers around $42,000 as speculation grows over Charles Schwab’s potential entry into the Bitcoin ETF race, intensifying market interest. Ethereum faces a significant decline, erasing previous gains and raising concerns about its sustainability. Cardano experiences a dip in whale transactions, triggering discussions about network dynamics, while Chainlink struggles to establish a strong upswing after breaking out of an 18-month accumulation phase. The crypto space is abuzz with developments impacting various digital assets.

Markets In Focus Today – BITCOIN

Bitcoin Price Hovers Around $42,000 As Markets Weigh Possible Charles Schwab Entry To ETF Race.

Bitcoin ETF race continues as Bloom berg ETF analyst speculates Charles Schwab’s entry. Bitcoin exchange balances have nosedived by over one million BTC since 2020. BTC price sustained above the $42,000 level as Bitcoin eyes a recovery. Bitcoin ETF race likely to intensify as Bloomberg ETF specialist Eric Balchunas speculates $8.5 trillion asset manager Charles Schwab’s entry into the race. BTC exchange balances are on a decline and a recovery in Bitcoin price is likely in the short term.

Technical   Overview With Chart :

24-01-29_01-10-49_BTCUSD-1024x345.png

Moving Averages :

Exponential :

  • MA 10 : 41611.80 | Positive Crossover | Bullish
  • MA 20 : 41991.30 | Positive Crossover | Bullish
  • MA 50 : 41843.11 | Positive Crossover | Bullish

Simple :

  • MA 10 : 41109.46 | Positive Crossover | Bullish
  • MA 20 : 42172.87 | Negative Crossover | Bearish
  • MA 50 : 42867.05 | Negative Crossover | Bearish

RSI (Relative Strength Index): 49.52 | Neutral Zone | Neutral

Stochastic   Oscillator : 70.74 | Neutral Zone | Neutral

Resistance   And Support Levels :

  • R1 : 44312.50 R2 : 45985.97
  • S1 : 38894.98 S2 : 37221.51

Overall Sentiment: Neutral Market Direction: Buy

Trade Suggestion: Limit Buy: 42525.82 | Take Profit: 45086.71 | Stop Loss: 41005.29

ETHEREUM

 

Posted

Daily Crypto Analysis – Bitcoin rally, Cardano’s return, Ethereum stakes, Chainlink risks.

 

Introduction

Bitcoin’s potential rally is hinted at by the increase in exchange stablecoin reserves, signaling rising buying power and supporting the notion that the bull cycle is ongoing. The upcoming BTC halving in April could further drive Bitcoin price gains. Meanwhile, Cardano (ADA) eyes a 15% rise, buoyed by resurfacing shark and whale wallets. Ethereum staked reaches an all-time high, and dwindling exchange supply may elevate ETH prices. Chainlink faces a correction risk as its supply on exchanges rises, posing potential selling pressure.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Could Rally As Buying Power Increases With The Rise In Exchange Stablecoin Reserves.

Bitcoin supply on exchanges has been on a consistent decline since the ETF approvals, driving an increase in stablecoin supply. Higher stablecoin supply signals an increase in buying power, supporting the thesis that the bull cycle still has legs. The upcoming BTC halving in April is likely to catalyze Bitcoin price gains. Bitcoin (BTC) price recovered above $43,000 on Tuesday after its recent correction, which led to a fall from a two-year high of $48,969 to a low of $38,555.

 

Technical   Overview With Chart :

24-01-30_02-57-20_BTCUSD-1024x345.png

Moving Averages :

Exponential :

  • MA 10 : 42138.59 | Positive Crossover | Bullish
  • MA 20 : 42241.35 | Positive Crossover | Bullish
  • MA 50 : 41954.62 | Positive Crossover | Bullish

Simple :

  • MA 10 : 41408.96 | Positive Crossover | Bullish
  • MA 20 : 42073.84 | Positive Crossover | Bullish
  • MA 50 : 42935.99 | Positive Crossover | Bullish

RSI (Relative Strength Index): 56.10 | Buy Zone | Bullish

 

Stochastic   Oscillator : 86.02 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 44312.50 R2 : 45985.97
  • S1 : 38894.98 S2 : 37221.51

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 43254.35 | Take Profit: 44785.15 | Stop Loss: 42356.98

 

CARDANO

 

 

Posted

Daily Crypto Analysis – Bitcoin relief, Ethereum targets $2,500, Ripple pressured, Dogecoin hits peak addresses.

 

Introduction

Bitcoin holders are optimistic as Grayscale’s GBTC withdrawals slow down, providing relief for the cryptocurrency’s recent dip. Ethereum eyes $2,500 with bullish indicators, while Ripple faces potential downside pressure from a massive XRP reserve release. Dogecoin witnesses a surge in active addresses, hitting an all-time high, as its network sees a remarkable increase in new addresses. Cryptocurrency markets remain dynamic, influenced by factors such as institutional moves and network activity.

 

Markets In Focus Today – BITCOIN

Bitcoin Holders Are Hopeful For A BTC Price Rebound As Grayscale’s GBTC Withdrawals Slow Down.

Grayscale’s Bitcoin Spot ETF outflows have diminished this week. Bitcoin trades at around $43,000 as its halving event is nearly 81 days away. Bitcoin holder base has held broadly steady, with supply across multiple age bands just below its all-time highs. Bitcoin’s (BTC) price is recovering this week, trading shy of the $43,000 level on Wednesday’s European morning, after its recent drop to $38,555. Outflows from Grayscale’s GBTC have slowed down this week, easing the selling pressure for Bitcoin and likely catalyzing its recent recovery.

 

Technical   Overview With Chart :

24-01-31_00-29-20_BTCUSD-1024x345.png

Moving Averages :

Exponential :

  • MA 10 : 42220.21 | Positive Crossover | Bullish
  • MA 20 : 42271.32 | Positive Crossover | Bullish
  • MA 50 : 41977.60 | Positive Crossover | Bullish

Simple :

  • MA 10 : 41501.61 | Positive Crossover | Bullish
  • MA 20 : 41879.40 | Positive Crossover | Bullish
  • MA 50 : 42956.42 | Positive Crossover | Bullish

RSI (Relative Strength Index): 53.58 | Buy Zone | Bullish

 

Stochastic   Oscillator : 86.84 | Buy Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 44312.50 R2 : 45985.97
  • S1 : 38894.98 S2 : 37221.51

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 42673.70 | Take Profit: 44204.50 | Stop Loss: 41881.90

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Bitcoin relief, Ethereum targets $2,500, Ripple pressured, Dogecoin hits peak addresses.

 

Introduction

Bitcoin holders are optimistic as Grayscale’s GBTC withdrawals slow down, providing relief for the cryptocurrency’s recent dip. Ethereum eyes $2,500 with bullish indicators, while Ripple faces potential downside pressure from a massive XRP reserve release. Dogecoin witnesses a surge in active addresses, hitting an all-time high, as its network sees a remarkable increase in new addresses. Cryptocurrency markets remain dynamic, influenced by factors such as institutional moves and network activity.

 

Markets In Focus Today – BITCOIN

Bitcoin Holders Are Hopeful For A BTC Price Rebound As Grayscale’s GBTC Withdrawals Slow Down.

Grayscale’s Bitcoin Spot ETF outflows have diminished this week. Bitcoin trades at around $43,000 as its halving event is nearly 81 days away. Bitcoin holder base has held broadly steady, with supply across multiple age bands just below its all-time highs. Bitcoin’s (BTC) price is recovering this week, trading shy of the $43,000 level on Wednesday’s European morning, after its recent drop to $38,555. Outflows from Grayscale’s GBTC have slowed down this week, easing the selling pressure for Bitcoin and likely catalyzing its recent recovery.

 

Technical   Overview With Chart :

24-01-31_00-29-20_BTCUSD-1024x345.png

Moving Averages :

Exponential :

  • MA 10 : 42220.21 | Positive Crossover | Bullish
  • MA 20 : 42271.32 | Positive Crossover | Bullish
  • MA 50 : 41977.60 | Positive Crossover | Bullish

Simple :

  • MA 10 : 41501.61 | Positive Crossover | Bullish
  • MA 20 : 41879.40 | Positive Crossover | Bullish
  • MA 50 : 42956.42 | Positive Crossover | Bullish

RSI (Relative Strength Index): 53.58 | Buy Zone | Bullish

 

Stochastic   Oscillator : 86.84 | Buy Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 44312.50 R2 : 45985.97
  • S1 : 38894.98 S2 : 37221.51

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 42673.70 | Take Profit: 44204.50 | Stop Loss: 41881.90

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Crypto Surge, Ripple Falters Again.

 

Introduction

Bitcoin’s price rebounds, testing resistance at $43,000, signaling increased buying pressure after a volatile week. On-chain metrics suggest the potential for a BTC rally as profit-taking by whales decreases. Dogecoin experiences modest gains despite a rise in network activity, while Chainlink surges to a two-year high on the movement of dormant tokens. Ripple’s XRP price declines despite FOMO Pay’s announcement of a link between Asia and Africa, with a crucial support level defining its next directional move.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Recovers As On-Chain Metrics Point A Potential BTC Rally.

Bitcoin price tests resistance at $43,000, recovering from a week-long slump. Bitcoin on-chain metrics signal a likelihood of a BTC price rally. BTC profit-taking by whales has declined, paving the way for extended price gains. Bitcoin (BTC) price tested resistance at $43,000 on Friday, recovering from declines earlier this week, in a sign of increasing buying pressure after a choppy week. Some of the asset’s on-chain metrics support the thesis of further price gains ahead, although Bitcoin price has been moving broadly sideways for the last two months.

 

Technical   Overview With Chart :

24-02-02_02-44-54_BTCUSD-1024x345.png

Moving Averages :

Exponential :

  • MA 10 : 42467.94 | Positive Crossover | Bullish
  • MA 20 : 42393.70 | Positive Crossover | Bullish
  • MA 50 : 42050.89 | Positive Crossover | Bullish

Simple :

  • MA 10 : 42134.39 | Positive Crossover | Bullish
  • MA 20 : 41876.26 | Positive Crossover | Bullish
  • MA 50 : 42953.29 | Positive Crossover | Bullish

RSI (Relative Strength Index): 54.07 | Buy Zone | Neutral

 

Stochastic   Oscillator : 82.14 | Neutral Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 47387.23 R2 : 49860.60
  • S1 : 39380.20 S2 : 36906.83

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Stop Buy : 43499.71 | Take Profit: 45288.75 | Stop Loss: 42416.87

 

DOGECOIN

 

 

Posted

Weekly Crypto Analysis – Bitcoin up, Ethereum down, Dogecoin active, Chainlink rising.

 

Introduction

Bitcoin’s resurgence to $43,000 signals a recovery after a week-long dip, with on-chain metrics hinting at a potential rally. Declines in profit-taking by BTC whales provide room for extended gains. Meanwhile, Ethereum erases recent gains, facing a significant bearish signal. Dogecoin sees a marginal uplift despite increased network activity, and Chainlink, an outlier in the volatile altcoin market, faces a potential 20% correction. The crypto landscape remains dynamic, with on-chain indicators influencing asset trajectories.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Recovers As On-Chain Metrics Point To A Potential BTC Rally.

Bitcoin price tests resistance at $43,000, recovering from a week-long slump. Bitcoin on-chain metrics signal a likelihood of a BTC price rally. BTC profit-taking by whales has declined, paving the way for extended price gains. Bitcoin (BTC) price tested resistance at $43,000 on Friday, recovering from declines earlier this week, in a sign of increasing buying pressure after a choppy week. Some of the asset’s on-chain metrics support the thesis of further price gains ahead, although Bitcoin price has been moving broadly sideways for the last two months. The asset could kick-start a potential rally as on-chain metrics are bullish and renewed BTC ETFs inflows after weeks of massive GBTC outflows.

 

Technical   Overview With Chart :

24-02-03_02-56-59_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 42576.36 | Positive Crossover | Bullish
  • MA 20 : 42457.91 | Positive Crossover | Bullish
  • MA 50 : 42090.86 | Positive Crossover | Bullish

Simple :

  • MA 10 : 42432.69 | Positive Crossover | Bullish
  • MA 20 : 41940.23 | Positive Crossover | Bullish
  • MA 50 : 42975.56 | Positive Crossover | Bullish

RSI (Relative Strength Index): 53.44 | Buy Zone | Bullish

 

Stochastic   Oscillator : 85.16 | Buy Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 47387.23 R2 : 49860.60
  • S1 : 39380.20 S2 : 36906.83

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Stop Buy: 43407.56 | Take Profit: 45221.06 | Stop Loss: 42394.13

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Bitcoin, XRP, Chainlink dynamics.

 

Introduction

Bitcoin remains flat at around $42,000 as East Asia anticipates the Lunar New Year, marking the start of the ‘Year of the Dragon.’ Despite a sell-the-news effect in the crypto market, optimism prevails due to controlled inflation and an upcoming Bitcoin halving event. Meanwhile, XRP trades unchanged ahead of a crucial milestone in the SEC vs. Ripple lawsuit on February 12. Chainlink sees a price rebound as large wallet holders strategically accumulate LINK tokens, while Dogecoin’s price stability hints at potential bottom formation despite recent network activity spikes.

 

Markets In Focus Today – BITCOIN

Bitcoin Flat As Traders Look Forward To The ‘Year Of The Dragon’.

Bitcoin (BTC) traded flat, hovering over $42,000 early Monday, while the CoinDesk 20 Index {{CD20}} is down 0.75% at 1,643, according to CoinDesk Indices data, as nations in East Asia count down the last working days before the Lunar New Year holiday. Over the next few days, East Asia will celebrate the start of the year of the dragon, considered one of the luckiest and most prosperous animals in the Chinese Zodiac. Despite the crypto market currently experiencing a sell-the-news effect, the year of Dragon is on track to be one of the best performing as the inflation is now under control and the bitcoin halving event takes place later this year.

 

Technical   Overview With Chart :

24-02-05_02-35-33_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 42683.30 | Positive Crossover | Bullish
  • MA 20 : 42535.76 | Positive Crossover | Bullish
  • MA 50 : 42151.49 | Positive Crossover | Bullish

Simple :

  • MA 10 : 42823.99 | Positive Crossover | Bullish
  • MA 20 : 41941.95 | Positive Crossover | Bullish
  • MA 50 : 43019.07 | Positive Crossover | Bullish

RSI (Relative Strength Index): 53.82 | Buy Zone | Bullish

 

Stochastic   Oscillator : 81.89 | Buy Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 47387.23 R2 : 49860.60
  • S1 : 39380.20 S2 : 36906.83

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Stop Buy: 43460.89 | Take Profit: 45061.04 | Stop Loss: 42447.47

 

RIPPLE

 

 

Posted

Daily Crypto Analysis – Bitcoin, Ethereum, XRP, Uniswap.

 

Introduction

Bitcoin’s price appears poised for a 5% drop despite Powell’s bullish outlook, with technical indicators signaling limited upside potential. Ethereum (ETH) maintains a range between $2,266 and $2,333, facing resistance at recent highs, while the staking ratio surges to 24%. XRP holds steady above $0.50 amid setbacks in the SEC vs. Ripple legal battle. Uniswap (UNI) eyes a bullish move towards $7 after introducing a new feature, trading above $6.00 and the 100 simple moving average.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Is Likely To Fall 5% Despite Powell’s Bullish Thesis For Bitcoin.

Bitcoin price continues to trade horizontally with technical indicators showing limited upside potential. BTC could drop 5% after a multi-week consolidation below the $43,750 blockade. The bearish thesis will be invalidated if the price breaks and closes above $46,000. Fed chair Jerome Powell said the US is on an “unsustainable path” as debt will outpace economic growth. In his opinion, investors will soon question the government’s ability to pay its debt, which will push them towards dumping the US dollar in favor of a hedge. In such a turn of events, Bitcoin would pass as the best candidate for this hedge.

 

Technical   Overview With Chart :

24-02-06_03-05-15_BTCUSD-1024x345.png

Moving Averages :

Exponential :

  • MA 10 : 42628.0793 | Positive Crossover | Bullish
  • MA 20 : 42517.1815 | Positive Crossover | Bullish
  • MA 50 : 42157.9179 | Positive Crossover | Bullish

Simple :

  • MA 10 : 42830.6130 | Negative Crossover | Bearish
  • MA 20 : 41917.0685 | Positive Crossover | Bullish
  • MA 50 : 43012.1772 | Negative Crossover | Bearish

RSI (Relative Strength Index): 51.6391 | Buy Zone | Bullish

 

Stochastic   Oscillator : 75.8080 | Buy Zone | Negative

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Stop Buy: 43418.52 | Take Profit: 44722.75 | Stop Loss: 42626.67

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Ethereum, Ripple, Bitcoin dramas.

 

Introduction

Ethereum approaches a critical juncture, gaining 1.6% to $2,350 but facing resistance near $2,400—a historical turning point. Meanwhile, XRP faces a potential downside as Ripple seeks a deadline extension in the SEC lawsuit. Bitcoin maintains an uptrend, with Chinese investors favoring US-focused ETFs. Chainlink experiences a rebound as large wallet investors strategically accumulate LINK tokens, triggering a price surge. Cryptocurrency markets are influenced by key levels, legal developments, and global investor trends.

 

Markets In Focus Today – ETHEREUM

Ethereum Nears A Recent Turning Point.

The crypto market cap remained at $1.65 trillion. Ethereum was a major growth driver, gaining 1.6% on the day to $2,350 and reversing to the downside as it approached $2,400. This is the same place where we saw a reversal at the end of January and for a month since the beginning of December. In December, the coin managed to hold above this reversal level for almost a fortnight, but with the current lull in the markets, a temporary pullback to the lower end of the range towards $2,200 looks more likely.

 

Technical   Overview With Chart :

24-02-07_02-18-42_ETHEREUM-1024x343.png

Moving Averages :

Exponential :

  • MA 10 : 2325.0890 | Positive Crossover | Bullish
  • MA 20 : 2331.7122 | Positive Crossover | Bullish
  • MA 50 : 2311.0629 | Positive Crossover | Bullish

Simple :

  • MA 10 : 2317.9250 | Positive Crossover | Bullish
  • MA 20 : 2319.9590 | Positive Crossover | Bullish
  • MA 50 : 2346.5422 | Positive Crossover | Bullish

RSI (Relative Strength Index): 53.4167 | Buy Zone | Bullish

 

Stochastic   Oscillator : 79.7122 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 2598.0773 R2 : 2733.3927
  • S1 : 2160.0227 S2 : 2024.7073

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Stop Buy: 2377.15 | Take Profit: 2461.21 | Stop Loss: 2329.51

 

RIPPLE

 

 

Posted

Daily Crypto Analysis – Bitcoin, Ethereum surge, Chainlink mystery.

 

Introduction

Bitcoin sustains its uptrend as Chinese investors shift from the local market to US-focused ETFs. The price remains within the upper Bollinger Indicator range, potentially making a 5% move upwards to surpass the $43,750 hurdle. Ethereum gears up for gains with the Dencun upgrade on the Holesky testnet, while Uni-swap sees a 4.49% increase in the last 24 hours. A mysterious buyer acquires $42 million in Chainlink (LINK) tokens, sparking speculation and driving the cryptocurrency’s surge.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Sustains An Uptrend As Chinese Investors Stampede Out Of The Local Market In Favor Of US-Focused ETFs.

Bitcoin price is trading horizontally, trapped within the upper range of the Bollinger Indicator.BTC could make a 5% move north soon to clear the $43,750 blockade as volatility increases. A strong break and close below the center-line of the Bollinger at $41,880 would invalidate the bullish thesis.ETF specialist Eric Balchunas highlights how Chinese investors are flocking to the US ETF market. Bitcoin’s (BTC) price continues to sustain its bullish outlook, holding above a key support level. Among other drivers, the spot BTC exchange-traded fund (ETF) theme continues to drive markets even as the investor countdown to the halving event continues.

 

Technical   Overview With Chart :

24-02-07_21-34-31_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 43262.1597 | Positive Crossover | Bullish
  • MA 20 : 42887.8580 | Positive Crossover | Bullish
  • MA 50 : 42343.4271 | Positive Crossover | Bullish

Simple :

  • MA 10 : 43206.8140 | Positive Crossover | Bullish
  • MA 20 : 42223.8335 | Positive Crossover | Bullish
  • MA 50 : 43076.1382 | Positive Crossover | Bullish

RSI (Relative Strength Index): 61.6088 | Buy Zone | Bullish

 

Stochastic   Oscillator : 91.3043 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 44614.62 | Take Profit: 45515.19 | Stop Loss: 43372.90

 

ETHEREUM

 

 

Posted

My target has reached , Im exiting majority of spots bought after NOV 2023. Don't wanna risk and exiting and only gonna trade between now and May. If it goes beyond this and crosses previous high it can go as high as 52K to grab liquidity in this case id cut shorts .As of now , this move looks done 48K was the target for FEB and alts barely moved, So not risking in spots anymore .

IMG_20240209_195853.jpg

Posted

Daily Crypto Analysis – Bitcoin hits $46.2K, Ethereum $2,400.

 

Introduction

Bitcoin surges, marking a new high in crypto market capitalization since January 12, surpassing $1.75 trillion. Bitcoin’s recent 10% gain, reaching $46.2K in four days, draws attention to its potential to break previous highs. Cardano (ADA) anticipates a 30% climb with a break above $0.5410, while Ethereum hits $2,400 fueled by ETF anticipation. XRP faces a potential decline below $0.50 amid uncertainty over an XRPLedger AMM amendment. Market dynamics suggest a revival, altering the outlook for Cardano and Ethereum.

 

Markets In Focus Today – BITCOIN

Bitcoin Rises Ahead Of Schedule.

The crypto market capitalization has hit new highs since 12th January, passing the $1.75 trillion mark. The market has confidently moved into a state of greed, which we also last saw a month ago. Last month’s corrective pullback and early February’s consolidation have helped gather strength for a real breakout. Bitcoin has gained almost 10% in the last four days to trade at $46.2K. All eyes are now on whether BTCUSD can break above the previous highs from which it pulled back shortly after the initial reaction to the launch of spot ETFs.

 

Technical   Overview With Chart :

24-02-09_03-03-29_BTCUSD.png

Moving Averages :

Exponential :

  • MA 10 : 44025.5288 | Positive Crossover | Bullish
  • MA 20 : 43329.9591 | Positive Crossover | Bullish
  • MA 50 : 42548.5755 | Positive Crossover | Bullish

Simple :

  • MA 10 : 43669.4930 | Positive Crossover | Bullish
  • MA 20 : 42517.1160 | Positive Crossover | Bullish
  • MA 50 : 43150.4340 | Positive Crossover | Bullish

RSI (Relative Strength Index): 70.4534 | Buy Zone | Bullish

 

Stochastic   Oscillator : 97.4049 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 45760.44 | Take Profit: 47362.01 | Stop Loss: 44781.71

 

CARDANO

 

 

Posted

Weekly Crypto Analysis – Bitcoin $47K, Ethereum $2.4K, Cardano bullish.

 

Introduction

Cryptocurrency stocks surge as Bitcoin surpasses $47,000, pushing the crypto market capitalization beyond $1.75 trillion. After a month of corrections, Bitcoin’s 4.5% rise signals renewed market optimism. Ethereum hits $2,400 with ETF anticipation and 25% staking reducing selling pressure. XRP faces uncertainty with an AMM amendment, while Cardano’s potential 30% surge is anticipated amid a market revival, breaking a descending triangle at $0.5410. The crypto landscape is evolving, showcasing signs of recovery.

 

Markets In Focus Today – BITCOIN

Crypto Stocks Leap As Bitcoin Crosses $47,000.

Bitcoin (BTC) crossed the $47,000 mark on Friday for the first time in almost a month, pushing crypto-related stocks into the green ahead of the stock market open. The leading cryptocurrency rose 4.5% in the past 24 hours, sitting at around $47,300 at the time of writing. The crypto market capitalization has hit new highs since 12th January, passing the $1.75 trillion mark. The market has confidently moved into a state of greed, which we also last saw a month ago. Last month’s corrective pullback and early February’s consolidation have helped gather strength for a real breakout.

 

Technical   Overview With Chart :

24-02-09_23-07-02_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 44664.8142 | Positive Crossover | Bullish
  • MA 20 : 43733.5166 | Positive Crossover | Bullish
  • MA 50 : 42746.0413 | Positive Crossover | Bullish

Simple :

  • MA 10 : 44170.8670 | Positive Crossover | Bullish
  • MA 20 : 42816.5615 | Positive Crossover | Bullish
  • MA 50 : 43220.9448 | Positive Crossover | Bullish

RSI (Relative Strength Index) : 71.9283 | Buy Zone | Bullish

 

Stochastic   Oscillator : 88.5202 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 46150.40 | Take Profit: 48924.02 | Stop Loss: 44385.37

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Bitcoin, XRP, Dogecoin, and Chainlink surge ahead.

 

Introduction

Bitcoin experiences a substantial rally, marking its most significant weekly surge in four months, reaching one-month highs. Analysts attribute the surge to increased buying activity ahead of April’s halving event and a slowdown in ETF outflows. Meanwhile, XRP faces a slight dip as the SEC v. Ripple lawsuit nears the end of the discovery phase, with potential resolution as early as 2024. Dogecoin anticipates double-digit gains, breaking a declining trend line, while a Chainlink whale accumulates $84 million worth of LINK, sparking speculation of a potential surge in the cryptocurrency’s price.

 

Markets In Focus Today – BITCOIN

Bitcoin Surges In Biggest Weekly Rally In Four Months.

Bitcoin rose to one-month highs, powered by what analysts said was a flurry of buying ahead of April’s halving event and as recent outflows from exchange-traded funds slowed. BTC/USD longs had a splendid week. The major crypto has added an eye-watering +10.7%. Bitcoin hit a two-year high just above $49,000 in January but has since trended lower, under pressure from a “sell the news” wave of profit-taking after the Securities and Exchange Commission finally approved the ETFs.

 

Technical   Overview With Chart :

24-02-11_22-55-00_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 45819.8409 | Positive Crossover | Bullish
  • MA 20 : 44541.3564 | Positive Crossover | Bullish
  • MA 50 : 43165.7998 | Positive Crossover | Bullish

Simple :

  • MA 10 : 45187.0510 | Positive Crossover | Bullish
  • MA 20 : 43662.7295 | Positive Crossover | Bullish
  • MA 50 : 43401.9354 | Positive Crossover | Bullish

RSI (Relative Strength Index): 72.5472 | Buy Zone | Bullish

 

Stochastic   Oscillator : 92.9737 | Neutral Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 47324.88 | Take Profit: 48810.05 | Stop Loss: 46433.79

 

RIPPLE

 

 

Posted

Daily Crypto Analysis – Bitcoin hits $50K, XRP up 5%, Cardano inflows soar.

 

Introduction

Bitcoin breaks the $50,000 mark for the first time in over two years, potentially aiming for the psychological level of $60,000. However, caution is urged due to overbought conditions. Meanwhile, XRP sees a 5% weekly gain, reaching $0.5380, driven by a potential settlement in the SEC v. Ripple lawsuit. Cardano witnesses an extraordinary 1,016% increase in fund inflows, while Ethereum rallies over 5%, eyeing levels near $2,700 with the prospect of further gains.

 

Markets In Focus Today – BITCOIN

Bitcoin Hits $50k Level For The First Time In More Than Two Years.

Bitcoin price has nicked the $50,000 target, levels last tested on December 28, 2021.BTC could extend the gains to clear the $60,000 psychological level, last tested on November 21, 2021. Caution is advised as BTC is already massively overbought with the RSI reading well above 70. Bitcoin’s (BTC) price revisited the late 2021 highs on Monday, a move that passes as a milestone for the BTC community. It comes ahead of the halving event and therefore sates the pace for what could kickstart the next bull cycle in the cryptocurrency market.

 

Technical   Overview With Chart :

24-02-13_01-19-26_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 46876.0334 | Positive Crossover | Bullish
  • MA 20 : 45232.4102 | Positive Crossover | Bullish
  • MA 50 : 43508.5833 | Positive Crossover | Bullish

Simple :

  • MA 10 : 46083.1990 | Positive Crossover | Bullish
  • MA 20 : 44257.4655 | Positive Crossover | Bullish
  • MA 50 : 43566.6838 | Positive Crossover | Bullish

RSI (Relative Strength Index): 78.8759 | Buy Zone | Bullish

 

Stochastic   Oscillator : 96.0546 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 47387.2295 R2 : 49860.6039
  • S1 : 39380.2039 S2 : 36906.8295

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 48931.72 | Take Profit: 50429.87 | Stop Loss: 48105.15

 

RIPPLE

 

 

Posted

DYDX update:

DYDX has broken the downtrend structure already has retested on daily. Keep eyes on this if BTC ranges.

IMG_20240214_180646.jpg

IMG_20240214_180620.jpg

Posted

Daily Crypto Analysis – Crypto markets uncertain amid inflation fears.

 

Introduction

“Bitcoin’s brief ascent to the $50,000 milestone faces challenges as US CPI inflation data points to persistent inflationary pressure, triggering potential price drops. Ethereum eyes a 10% gain, but caution emerges with signs of falling momentum. Ripple reveals crypto custody plans amidst XRP’s sideways trading, while Chainlink hits a one-year high above $20 fueled by increased DeFi adoption and network activity.”

 

Markets In Focus Today – BITCOIN

Bitcoin Price $50,000 Milestone Short-Lived As US CPI Inflation Signals Persistent Inflationary Pressure.

Bitcoin price shocked the market, hitting the $50,000 milestone after two years. BTC could drop 5% into the supply zone turned bullish breaker or confirm an extended fall below $45,554. A higher high above the $50,368 range would invalidate the bearish thesis, bringing $60,000 into focus. US CPI inflation in January printed at 3.1% every year, above the 2.9% market expectation. Bitcoin’s (BTC) price has repelled the $50,000 milestone. The retraction follows the US CPI inflation data, which signaled persistent inflationary pressures.

 

Technical   Overview With Chart :

24-02-14_03-06-22_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 47621.5930 | Positive Crossover | Bullish
  • MA 20 : 45776.7299 | Positive Crossover | Bullish
  • MA 50 : 43799.5841 | Positive Crossover | Bullish

Simple :

  • MA 10 : 46911.3480 | Positive Crossover | Bullish
  • MA 20 : 44804.1700 | Positive Crossover | Bullish
  • MA 50 : 43733.3678 | Positive Crossover | Bullish

RSI (Relative Strength Index): 80.4816 | Buy Zone | Bullish

 

Stochastic   Oscillator : 94.2667 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 47387.2295 R2 : 49860.6039
  • S1 : 39380.2039 S2 : 36906.8295

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 50011.09 | Take Profit: 51626.22 | Stop Loss: 49008.60

 

ETHEREUM

 

 

Posted

Based on the positive news that comes out , red or Green path may happen . Green is more probable than red.. & it's happening!

IMG_20240215_171806.jpg

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  • Like 1
Posted

Daily Crypto Analysis – Bitcoin hits $52K, Ethereum eyes $3K.

 

Introduction

Bitcoin marks a new range high, surpassing $50,000 and reaching $52,043, while SEC Chair Gary Gensler emphasizes the economic distinctions between BTC and the US Dollar. BTC’s upward momentum may lead to a 5% climb to $55,000, with bulls dominating the market. Ethereum (ETH) eyes a 7% surge to $3,000 if it maintains bullish momentum. XRP hits $0.5590 amid Bitcoin’s rally, with increased trade volume and a pro-Ripple response to Gensler’s comments. Dogecoin (DOGE) experiences a 7.5% surge, reclaiming its top 10 position, and surpassing Chainlink in market capitalization.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Posts A New Range High As Gensler Details The Economic Difference Between BTC And The US Dollar.

Bitcoin price put the $50,000 milestone behind it after recording an intraday high of $52,043 on Wednesday.BTC could extend the climb by 5% to $55,000 amid rising momentum and a strong presence of bulls in the BTC market. The bullish thesis will be invalidated if the apex crypto breaks and closes below $45,554.Appearing on CNBC, SEC Chair Gary Gensler said Bitcoin is not decentralized, calling it a token of choice for ransomware. Bitcoin’s (BTC) price remains northbound, pushing to higher highs as holders keep their profit appetite in check. Meanwhile, Gary Gensler has drawn a line separating BTC from other currencies.

 

Technical   Overview With Chart :

24-02-15_02-49-57_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 48578.2931 | Positive Crossover | Bullish
  • MA 20 : 46458.6635 | Positive Crossover | Bullish
  • MA 50 : 44159.2752 | Positive Crossover | Bullish

Simple :

  • MA 10 : 47943.0210 | Positive Crossover | Bullish
  • MA 20 : 45361.2990 | Positive Crossover | Bullish
  • MA 50 : 43923.6724 | Positive Crossover | Bullish

RSI (Relative Strength Index): 82.3780 | Buy Zone | Bullish

 

Stochastic   Oscillator : 96.4489 | Buy Zone | Positive

 

Resistance   And Support Levels :

  • R1 : 47387.2295 R2 : 49860.6039
  • S1 : 39380.2039 S2 : 36906.8295

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 50489.36 | Take Profit: 53470.55 | Stop Loss: 48863.25

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Bitcoin, Ethereum surge amid regulation.

 

Introduction

Bitcoin aims for $55,000 despite an overbought state, targeting a crucial barrier at $53,000 within the ascending parallel channel. A 4% extension to $55,000 is plausible as various technical indicators signal bullish momentum. The bullish scenario hinges on maintaining support above $45,554, while Bitcoin’s adversary acknowledges its role in the inclusive financial system. Meanwhile, Chainlink sustains proximity to its 2024 high, with reduced exchange supply and positive network activity. Ethereum rallies towards $3,000, anticipating potential Ethereum ETF approvals. XRP gains nearly 2%, nearing the $0.60 target, as investors await updates on the SEC v. Ripple lawsuit with the potential to revive the $1 level.

 

Markets In Focus Today – BITCOIN

Bitcoin $55,000 In Sight Despite Overbought State As BTC Adversary Turns To Coat.

Bitcoin price confronts a crucial barrier, the upper boundary of the ascending parallel channel at $53,000.BTC could extend gains 4% to $55,000 as multiple technical indicators flash bullish. The bullish thesis would be invalidated if the price breaks and closes below the $45,554 mean threshold. Bitcoin’s (BTC) price has its eyes peeled on the $55,000 range after clearing the $50K milestone, with investors demonstrating confidence in the continuation of the intertwined BTC adversary has shocked markets with a bold move to acknowledge BTC as a truly inclusive financial system.

 

Technical   Overview With Chart :

24-02-16_01-19-39_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 49109.1734 | Positive Crossover | Bullish
  • MA 20 : 46935.1059 | Positive Crossover | Bullish
  • MA 50 : 44444.6950 | Positive Crossover | Bullish

Simple :

  • MA 10 : 48778.5650 | Positive Crossover | Bullish
  • MA 20 : 45820.7650 | Positive Crossover | Bullish
  • MA 50 : 44098.8564 | Positive Crossover | Bullish

RSI (Relative Strength Index): 80.8229 | Buy Zone | Bullish

 

Stochastic   Oscillator : 93.2464 | Buy Zone | Negative

 

Resistance   And Support Levels :

  • R1 : 47387.2295 R2 : 49860.6039
  • S1 : 39380.2039 S2 : 36906.8295

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 50046.40 | Take Profit: 52736.02 | Stop Loss: 48313.09

 

CHAINLINK

 

 

Posted

Daily Crypto Analysis – Bitcoin surpasses $52K, Ethereum nears $2,900.

 

Introduction

Crypto markets witnessed a robust rebound as Bitcoin surged past $52,000, contributing to a $1.99 trillion market cap, marking a 10% increase in a week. Ethereum approached the significant $2,900 level, driven by positive sentiment. XRP stabilized above $0.56 amidst the SEC v. Ripple lawsuit deadline. Chainlink, with large wallet holders withdrawing $216 million worth of LINK from exchanges, experiences potential gains. Cryptocurrency enthusiasts eagerly anticipate Bitcoin’s potential all-time high in March fueled by call option positions and ETF demand.

 

Markets In Focus Today – BITCOIN

The Top Crypto Prices Today Saw A Significant Rebound As Bitcoin’s (BTC) Price Surged Past The $52,000 Level.

The crypto market capitalization reached $1.99 trillion, according to CoinMarketCap estimates, an increase of over 10% in one week. Forbes estimates that the $2 trillion mark was reached last week The Bitcoin price rebounded and surpassed $52,000. The Bitcoin price was up by 1.07%, reaching $52,118.02 at the time of writing on Monday, February 19. On the other hand, its trading volume dipped by 15.03% to $18.22 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1.02 trillion. Active building of call option positions with strikes of $60K to $80K, as well as fierce demand for ETFs, could push Bitcoin to an all-time high as early as March.

 

Technical   Overview With Chart :

24-02-19_02-32-06_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 50487.7376 | Positive Crossover | Bullish
  • MA 20 : 48289.6095 | Positive Crossover | Bullish
  • MA 50 : 45317.1722 | Positive Crossover | Bullish

Simple :

  • MA 10 : 50753.4790 | Positive Crossover | Bullish
  • MA 20 : 47226.3365 | Positive Crossover | Bullish
  • MA 50 : 44690.2386 | Positive Crossover | Bullish

RSI (Relative Strength Index): 79.5085 | Buy Zone | Bullish

 

Stochastic   Oscillator : 92.1516 | Buy Zone | Negative

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 50345.25 | Take Profit: 52736.02 | Stop Loss: 49090.09

 

ETHEREUM

 

 

Posted

Daily Crypto Analysis – Navigate crypto’s ups/downs with key insights.

 

Introduction

Bitcoin faces a potential downside as it consolidates below the $52,768 level during the US holiday honoring President Washington. Analysts anticipate a 10% drop to $47,445, a critical Fibonacci level unless a new local top above $52,816 emerges. Ethereum, with 16% weekly gains, eyes a revisit to $2,800. XRP climbs to $0.5741 amid the SEC v. Ripple lawsuit’s remedies phase. Dogecoin (DOGE) rebounds as whale transactions surpass $1 billion, signaling renewed activity among major holders.

 

Markets In Focus Today – BITCOIN

Bitcoin Price Consolidation Could Precipitate A Fall As US Markets Remember President Washington.

Bitcoin price has consolidated below the $52,768 roadblock for almost a week amid buyer momentum exhaustion. BTC could drop 10% to the most critical Fibonacci level, 61.8% at $47,445, a formidable blockade between January 8 -12. Invalidation of the bearish thesis will occur if the price records a new local top above the $52,816 range high. Bitcoin’s (BTC) price continues to trade horizontally, stepping into the week when the US market is in holiday spirits, commemorating some of the country’s founding fathers. There is a big chance that Bitcoin price could record a new all-time high soon, according to Lucas Outumuro, head of research at on-chain aggregator tool IntoTheBlock.

 

Technical   Overview With Chart :

24-02-20_01-29-29_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 50631.2192 | Positive Crossover | Bullish
  • MA 20 : 48570.2129 | Positive Crossover | Bullish
  • MA 50 : 45548.2421 | Positive Crossover | Bullish

Simple :

  • MA 10 : 51106.1800 | Positive Crossover | Bullish
  • MA 20 : 47656.7890 | Positive Crossover | Bullish
  • MA 50 : 44828.6652 | Positive Crossover | Bullish

RSI (Relative Strength Index): 75.0539 | Buy Zone | Bullish

 

Stochastic   Oscillator : 90.3352 | Buy Zone | Neutral

 

Resistance   And Support Levels :

  • R1 : 47385.7128 R2 : 49859.0872
  • S1 : 39378.6872 S2 : 36905.3128

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 50165.94 | Take Profit: 52736.02 | Stop Loss: 48910.79

 

ETHEREUM

 

 

  • 2 weeks later...
Posted

Daily Crypto Analysis – Bitcoin rises, Ethereum falls, XRP struggles, Dogecoin surges.

 

Introduction

Bitcoin achieves a record-breaking high, surpassing $69,324, propelled by a nearly 65% year-to-date gain and the anticipation of its fourth halving on April 18. Ethereum faces a sharp correction after rallying to $3,850, following Bitcoin’s surge, with support found near $3,350. XRP price drops below $0.60 amid a broader crypto market downturn, influenced by concerns surrounding the SEC vs. Ripple lawsuit. Dogecoin experiences a 150% weekly gain as bullish whales invest $250M, indicating confidence in the ongoing price rally despite potential short-term corrections.

 

Markets In Focus Today – BITCOIN

Bitcoin Peaks At $69,324 With BTC Fourth Halving Around The Corner.

Bitcoin has set up a new all-time high above $69,324 on Tuesday after rallying nearly 9% in the last 24 hours.BTC has registered a nearly 65% year-to-date gain on top of the 155% rally in 2023. The spot ETF approval, which led to a surge in capital inflows, is one of the most important narratives responsible for the parabolic rally. In addition to the Bitcoin spot ETF approval being the main driver behind BTC’s price rally to new all-time highs, the halving narrative has also played a pivotal role. The fourth Bitcoin halving will occur on April 18, in roughly 47 days. This event will slash the block reward for miners from 6.25 BTC to 3.125 BTC. The fourth Bitcoin halving, embedded within Bitcoin’s code, reduces the rate at which new Bitcoins enter circulation by 50% every roughly four years or 210,000 blocks.

 

Technical   Overview With Chart :

24-03-06_01-19-11_BTCUSD-1024x344.png

Moving Averages :

Exponential :

  • MA 10 : 62200.6334 | Positive Crossover | Bullish
  • MA 20 : 58183.7289 | Positive Crossover | Bullish
  • MA 50 : 51879.6563 | Positive Crossover | Bullish

Simple :

  • MA 10 : 62147.4520 | Positive Crossover | Bullish
  • MA 20 : 56942.0865 | Positive Crossover | Bullish
  • MA 50 : 49125.0354 | Positive Crossover | Bullish

RSI (Relative Strength Index): 73.6483 | Buy Zone | Bullish

 

Stochastic   Oscillator : 86.5298 | Buy Zone | Negative

 

Resistance   And Support Levels :

  • R1 : 64016.7673 R2 : 69244.2994
  • S1 : 47093.7394 S2 : 41866.2073

Overall Sentiment: Bullish Market Direction: Buy

Trade Suggestion: Limit Buy: 63218.80 | Take Profit: 67615.95 | Stop Loss: 60644.86

 

ETHEREUM

 

 

  • Like 1
Posted

Hey crypto community! Just stumbled upon this discussion on the best crypto technical analysis. Some solid insights here! By the way, I dove into Bitcoin about six months ago, and it's a joy to finally see the anticipated growth. Any thoughts on how technical analysis played a role in your crypto journey?

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