Solana is currently consolidating; should it maintain support at 59, there's potential for a surge into the 70s.
Currently, two scenarios are on my radar. The first involves a robust closure above 36.4k, potentially paving the way for a subsequent rally towards the 38.5k-39.0k range. Alternatively, there's the prospect of revisiting the 34.2k level. Will wait for triggers.
ETH got a big boost from BlackRock news yesterday. Chart looks good and should 2'150 break, I see the price going to 2'300 first, 2'450 second and ultimately 2'600.
Solana continues to demonstrate significant bullish momentum, establishing itself as a standout performer in the current market conditions. The crucial support at 48.30 has proven resilient, serving as a potential launchpad for a move towards 55. (possible consolidation in the range 50-51 before taking off).
Despite being one of the best performing coins recently, Chainlink's chart remains very bullish. As long as 10.80 holds, as soon as the price breaks 11.45 resistance on the 4H we fly.
Solana's upward momentum may still have room to grow. A potential trajectory points towards 35 (as indicated), provided that the 32.40 support level remains intact. It will also depends what BTC will do.
Disney chart is so beautiful. The stock just needs to hold the bottom (78-79 area) and breakout the triangle to explode to 100. Now it has good R/R reward imo.
ETH maintains a predominantly bullish outlook, yet the possibility of a consolidation within the 1'730-1'750 range still looms. Should this be skipped, anticipate a potential ascent into the 1'840-1'865 bracket. A breakout beyond this level could pave the way to reach 1'925.
Solana is probably going to either 22 or 27 soon. I personally lean towards 22, as there is too much greed in the system after the BTC fake news yesterday. A drop would surprize the mosts and liquidate a lot of late longs, like the market loves to do.
All eyes on BTC these days. After yesterday's pump, BTC price is consolidating lower. I personally expect a test of the 200 SMA and possibly of 27'430 support before consolidating higher. Should the last not hold, the door would be open for 26'600. On the upside, resistance is at 28'840.
The ETH price has recently tested the 200-day Simple Moving Average (SMA), rebounded, and is currently assessing the 100-day SMA. A significant resistance level lies at 1'640; if breached, this could propel the price towards 1'680. Conversely, a breach of the 200 SMA might lead to a descent to 1'600. At the moment, I am inclined towards the bullish scenario.
Simple idea: hold 27'430 and up to 28'250 or breach it and down to 26'580.
Following the recent rally, ETH appears poised to retest the support at 1'680. Exercise caution and don't be swayed solely by the recent surge.
After the recent explosive rally, a period of healthy consolidation is essential. The designated green box appears to be an ideal zone for this purpose. It's reasonable to anticipate the price fluctuating within this range for a while before potentially making another upward surge.
The price action aligned perfectly with the prediction – truly impeccable. Hopefully, you capitalized on this opportunity. Currently, we're facing robust resistance at 1,680. You have two strategic options: Close your positions and observe the following scenarios: Breakout to around 1,690, then a potential retest of 1,680 before a surge towards the 1,730...
ETH spiked nicely to test the 200 SMA. Now we could potentially see a rejection and a retest of 1'600 level.
Following a notable correction, the S&P index may find support at its current level, particularly if the lower boundary of the green box at 4,350 holds. In the event of a successful hold, we could potentially witness a rally towards the initial target of 4,410. Subsequently, after a consolidation phase, a further move towards a level around 4,440 could be in the...
In the short term, Solana appears to be exhibiting weakness, and we anticipate a test of the 100 SMA at 19.18. It is crucial for the significant level of 19.22 to hold in order to initiate an upward trend. This, of course, is contingent on the overall market performance, particularly BTC. If your intention is to engage in a short-term scalp, consider a short...