$TLM has gained approximately 68%, issuing a bearish signal from the 0.001300 area, which was a new low for this week. It has currently reached the 0.001900 area.
$BANK at 0.16600… quiet distribution or fake breakout?
$BANK is trading around 0.14500 – 0.16600, approaching a major resistance zone after an extended rally. Price is showing signs of exhaustion, and rejection from this area could trigger a corrective move toward lower support levels.
The $BANK coin has gained 23% since I posted a bearish signal, then bounced strongly from the same area it fell from. This is the best place to take profits to avoid losses.
$BANK is a currency that's trading almost exclusively in color. Its movement and volume indicate the same patterns we've seen before: sideways rises followed by corrections, similar to previous currency pairs, without any real benefit. Currently, the market is negative, and this currency is rising without any clear reason.
$TLM gained 30% in one day after I posted a bullish signal. Currently, the bounce is similar to SYN's historical performance, which I anticipated because it's a platform coin. The current profit is considered good.
I saw most people getting excited that it would rise to $2 or even $10, but I didn't believe any of them. Even though the price was strangely high, sideways buying pressure caused it to rise by more than 100%. However, I don't expect this currency to return to $1 or higher.
$ZEC is one of the most manipulated altcoins due to its privacy features and ability to hide addresses. While this feature exists, the coin itself isn't robust enough. Its current price movement is sideways, and the three-month closing price was positive. Currently, a rise to $800 and $700 is expected.
We've made a 5% profit on $BANK so far. A further drop is expected, but it's best to take profits at prices around 0.08 and below.
WA7CRYPTO
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Bearish
$BANK at 0.13500… quiet distribution or fake breakout?
$BANK is trading around 0.11300 – 0.13500, testing a major resistance zone after a strong upward move. Momentum is beginning to fade, and rejection from this area could trigger a corrective pullback toward lower support levels.
Dear follower, the market is rising despite the negative news, but I have a good outlook for the market during this period. Everyone saw the impact of the US news and how it caused the alternative currency markets to rise due to the inflation report. Currently, if things return to normal after the World Cup final, we expect to see a significant influx of liquidity in the coming period.
$BANK at 0.13500… quiet distribution or fake breakout?
$BANK is trading around 0.11300 – 0.13500, testing a major resistance zone after a strong upward move. Momentum is beginning to fade, and rejection from this area could trigger a corrective pullback toward lower support levels.