As we approach the end of the week, it is crucial to examine the significance of the weekly chart for $BTC . The $66,000 mark stands out as a pivotal level on the higher time frame. From February to June, this level served as reliable weekly support, enduring multiple tests during the early stages of the U.S. military actions against Iran from February to April. Following its breach in early June, this level has been retested consistently, resulting in numerous rejections, exemplifying a clear support/resistance flip.
Without a definitive weekly acceptance above $66,000, it is challenging to anticipate any medium-term movement beyond the $70,000 threshold.
Chart Analysis: The price of #TIA is currently declining towards a liquidity zone characterized by previous lows. Should the price stabilize within this zone, we anticipate the initiation of a new uptrend.
Entry Point: Consider opening a long position within the liquidity zone, which ranges from $0.3380 to $0.3460.
Main Target: The primary resistance level to watch is set at $0.4200.
With utmost respect, wishing you a successful trading experience.
Chart Analysis: Currently, the price of #XLM is stabilizing above the support level of $0.1750. Should the price revisit this level, it is likely to initiate a new uptrend.
Entry Point: Consider entering a long position in proximity to the $0.1750 level.
Main Target: The primary target for this trade is the liquidity observed at previous highs, which is situated above the $0.2000 level.
With utmost respect, enjoy your trading experience.
The recent price movement of #Bitcoin from $62.5k has significantly impacted trading conditions. My analysis indicated a preference for a deeper retest in the range of $62k to $61.8k. However, the price has reclaimed the weekly open at $63.7k, prompting us to anticipate a backtest to confirm this level as a 4-hour support. Additionally, there are indications that $64.4k, identified as the Monday high, is likely to act as 4-hour resistance, particularly after witnessing a rejection just below this level yesterday afternoon. Given the anticipated low trading volume over the weekend, I project that $BTC will likely range between $63.7k and $64.4k.
🕯 Chart Analysis: The #LTC price is exhibiting signs of potential weakness, with a possibility of declining to the $43 level. Should the price stabilize at this point, we could witness the initiation of a new upward trend.
📍 Entry: Consider entering a long position close to the $43 level for optimal positioning.
✔️ Main Target: There is significant liquidity identified at the previous high of $46.1, making it a key target for potential profit.
😎 With utmost respect – enjoy your trading experience.
Chart Analysis: The #AAVE price has encountered resistance at the $100 mark, leading to a corrective phase. Should the price effectively accumulate liquidity from the prior lows during this correction, we can anticipate the initiation of a new upward trend.
Entry Point: Consider entering a long position near the previous low of $82.70.
Main Target: The primary objective is to surpass the $100 resistance level.
Following #Bitcoin 's initial retest of $63.7k, which corresponds to the Weekly Open, we have observed a subsequent acceptance below this critical level. This development suggests that $63.7k is likely to act as resistance during any initial attempts to reclaim it.
Currently, $BTC has established 4-hour support around the $62.2k region, as indicated by earlier price movements this week. However, my analysis indicates that a more strategic approach would be to await a deeper sweep down to $61.8k, which represents the Monday Low.
Trong những ngày gần đây, chính phủ Mỹ đã chuyển thành công các tài sản tiền mã hóa vượt 338 triệu USD từ các ví bị thu giữ trên Coinbase Prime sang các địa chỉ mới. Hạng mục chuyển dịch đáng kể này bao gồm 3.940 $BTC, hơn 40.000 $ETH, 21 triệu USD $USDT, khoảng 1 triệu USD $USDC, cũng như $SHIB và nhiều loại token khác.
Cảm ơn bạn đã theo dõi. Chúc bạn có những phút giây thú vị với các thông tin hữu ích.
Chart Analysis: The price of #ARB is currently undergoing a correction toward the imbalance zone. Should it maintain its position within this zone, we can anticipate the onset of a new uptrend.
Entry Strategy: A long position is advisable within the imbalance zone, specifically between the $0.08060 and $0.08430 levels.
Primary Target: The main target for this position is the liquidity point at the previous high of $0.10130.
With utmost respect, I wish you a successful trading experience.
The levels I discussed yesterday regarding #Bitcoin have indeed materialized as anticipated. The liquidity at $65.6k was tested and subsequently became the precise point of rejection.
Following a four-hour acceptance below Monday's high, we have observed a movement towards $63.7k, which represents the Weekly Open. I indicated yesterday that $63.7k would be my primary level of interest for a potential reaction. Although this level has not been tested in an entirely clean manner, we are beginning to exhibit signs of strength from this region.
The range for $BTC today is likely to be between $63.7k and $64.6k. However, should we breach the $63.7k mark, I anticipate a swift decline towards the $62k level.
Chart Analysis: The price of #UNI has encountered resistance at the $3.70 level, failing to break through. This indicates a potential correction phase, which may lead to a test of the lower imbalance zone.
Entry Strategy: Consider initiating a long position within the imbalance zone, specifically between the price range of $2.855 and $3.035.
Primary Target: The objective is to successfully breach the $3.70 resistance level.
Chart Analysis: The price of #DOT is currently striving to maintain support above the $0.830 level. A successful hold at this level is likely to trigger an upward trend.
Entry Point: It is advisable to consider initiating a long position in proximity to the $0.830 level.
Primary Target: The target zone of imbalance is identified above the $0.900 level.
Conclusion: With utmost respect, I encourage you to engage with this analysis.
🕯 Chart Analysis: The #AVAX price is currently trending downward, approaching a critical support level at $6.30. Should the price maintain this level, we can anticipate a significant upward movement.
📍 Entry: Consider initiating a long position in proximity to the $6.30 level.
✔️ Main Target: The primary target lies at the liquidity zone above the previous highs, specifically at the $7.10 level.
😎 With utmost respect - enjoy your trading experience.
Chart Analysis: The price of #NEAR is currently striving to maintain its position above the $1.90 threshold. Should it successfully do so, we can anticipate a subsequent upward movement.
Entry Point: Consider initiating a long position in proximity to the $1.90 level.
Primary Target: There is significant liquidity identified around the $2.20 mark.
Yesterday, #Bitcoin experienced a dip below $62,000; however, it has since maintained its position above this threshold, thereby establishing a solid 4-hour support level. Analyzing the chart, it appears that there will now be 4-hour resistance at $63,000. Even if $BTC successfully reclaims the $63,000 mark, it is essential to recognize the substantial barrier at $63,700, which corresponds to the Weekly Open, and I anticipate that overcoming this resistance will be challenging.
Additionally, today's release of the US CPI figures is likely to introduce volatility into the market. Should the market reaction be unfavorable, I do not dismiss the possibility of $BTC testing the previous week's low at $61,300.
Chart Analysis: The #ONDO price is currently consolidating above the critical support level of $0.31. Should the price interact with this level once more, we can anticipate the initiation of an upward trend.
Entry Point: Consider entering a long position in proximity to the $0.31 level.
Main Target: The primary target is identified within the order block zone, which resides above the $0.34 level.
Wishing you great success in your trading endeavors!
Chart Analysis: The price of #SOL is currently undergoing a correction toward the lower liquidity zone. Should the price reach this zone and exhibit a positive reaction, we can anticipate a significant upward movement.
Entry Point: A long position should be considered within the liquidity zone, specifically between $69.70 and $72.20.
Main Target: The primary objective is to surpass the resistance level at $83.
With utmost respect—wishing you a successful trading experience.