The chart indicates readiness for a short as price movement trends download. We have a key CME gap at around 0.01015, if the downtrend continues, it might go as below as 0.0092 level. Stay alert for the confirmation before making moves.
Currently Solana is trading above 180 level, which fell from 194 level after BTC sell off news. It made a recent low of 174 and bounced back at 183 level. Now it shows some bearish sentiments as market is sidewise bearish. Short Targets could be 178, 174, 170.
After the announcement by the US government to selling of 2 billion worth of Bitcoin, we saw steep decline in the price of Bitcoin. And currently there is no sign of upward movement. Next target could be 62k.
#TURBO memecoin is again losing its momentum and forming a bearish trendline setup, if it falls from horizontal trendline support, we might see a huge dump in its price.
JASMY is showing continued uptrend pattern. A significant breakout can lead to 50% growth from current price. If BTC plays stable or pumps, then a good pump will be seen in upcoming days.
METIS is showing a promising long scalp trade setup with a bullish breakout from its flag formation and a solid retest. Looking ahead, we are looking for growth towards 48, 52, 54, 56, 60.
XRP was in a significant downtrend for a while, but signs of a possible new uptrend have emerged over the past few weeks. The recent higher lows and high volume suggest that buyers are highly interested. If #XRP breaks above 0.62 level, we could see price towards 0.65 and potentially leading to 0.70 level.
After a prolonged downtrend on metaverse coin #GALA, the support appears very solid and is most likely to set a huge potential breakout. A bullish momentum can give more than 250% growth from current price.
This chart for SEED_DONKEYDAN_MARKET_CAP:ICX indicates an upward trend after a long downtrend. Looking ahead, aim for take profits at 0.18, 0.22, 0.26. These targets are set as they are crucial resistance levels on the chart.
COMP recently broke out from a channel down pattern. Despite a prior downtrend, this breakout signals a potential bullish trend reversal. With the bullish breakout, targets could be 55, 60, 65. 48 - 50 is crucial support for uptrend movement.
JUP has been reached on local resistance and will most likely fall from here, so SHORTS could be best option, if it doesn't fall from current price then 8-10% up movement is possible from current price.
If we go on technical analysis, we have gotten bullish breakout on SOLANA, but memecoins based on Solana are not aggressive these days, this might be the sign of fakeout. I'm having an eye on it, if it closes below 180, then short will be my call.
GME has almost broken falling channel and ready to bounce from current price in this coming weekend, long setup can be taken with 10% Stoploss as given here on the chart.
COTI seems bullish but it might be fakeout and I feel another dump from trendline, short setup can be taken once BTC gets rejected from long term resistance.
BTC has almost filled its CME gap and is most likely to get rejected from this zone. Lets see how market reacts, if BTC gets rejected from 67.3k - 67.5k zone, then we might see good dump in alts.
NEAR has given confirmation of downtrend, the next target could be 5.20, followed by even lower of that. So keep an eye on these mentioned levels for potential support and further price action.
Market being bearish and bearish trend of EOS prevails, price can plunge upto 0.48 or 0.44.
BTC has entered in bearish zone again after ethereum etf went live on US market, BTC may visit 60k zone in few days. Trade carefully.