Just as my TA analysed 2 days ago, the Solstice token $SLX has bounced from the trendline to the first resistance at $0.2
From here, I expect a brief retracement to the 1hr trendline When that happends, that would be the 7th time $SLX is testing that trendline and another bounce from it would really drive $SLX higher However, keep an eye on the trendline cos when it is broken, $SLX would visit lower supports at $0.15 - $0.16 region #SLX Price Prediction# #solstice
Following the peace deal between US and Iran, Bitcoin made its way above the major 1hr and 30mins trendline
Though Bitcoin spiked all the way from $63K region to $66K region in less than 24hrs, the RSI divergence immediately went bearish at that point
Here is what this means: Bearish RSI Divergence results when RSI makes lower high while the chart makes higher highs. This signifies weakness in bull control Due to this, my TA shows $BTC would likely retrace and next retracement could cause a break below this trendline
And that could flag $BTC into short-term bear wave
In the long term, Bitcoin still has so much room for growth and New All Time High would surely come
But for now, we need some retracements to lower levels #BTC Price Prediction# #Is Bitcoin correction Over?#
As my TA revealed, the hyperliquid token has been following a trendline pattern on the daily time frame
From $20, $HYPE has tested this trendline(white line) three times: - At $20: From there, it pumped to $35 in two weeks - At $26: From there, it pumped to $43 in three weeks - At $38: From there, it pumped to All Time High at $75
The current price is gradually moving toward thesame trendline. If $HYPE tests this trendline again, I expect yet another significant pump from it. However, this setup holds as long as this trendline is not broken #HYPE Price Prediction# #HyperLiquid
Firstly, let's look at the market cap and FDV of each
$SOL : - Market Cap: $39B - FDV: $42B - All Time High: $294 - All Time Low: $0.5 - Current Price: $68
For HYPE: - Market Cap: $15B - FDV: $57B - All Time High: $75.5 - All Time Low: $3.2 - Current Price: $59
Given the above stats, it is obvious that Solana has done more gains historically that hyperliquid token
Also, the fact that almost all supplies of SOL is unlocked gives it an edge over HYPE since it cannot experience sudden saturation due to token unlocked
What are your thought about these tokens? - which are you more bullish on? #Solana #Hyperliquid
$BTC faces stiff resistance with potential break in trendline
Since Bitcoin dumped to below $60K, the bulls are struggling to regain control
The current price of $BTC at $64,500 faces strong resisance
Here are two senarios: -Firstly, If this resistance persists, $BTC could make its way below the major trendline on the 1hr and 4hrs Time Frame and a visit to $63,500 would be triggered - Secondly, If Bitcoin pierces through the resistance, then a continuation of bullish move could take the price towards $66K
Above all, my TA shows Bitcoin is not yet strong enough to make a significant move..... I expect little retracement before a major pump #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
Just as my TA revealed 19hrs ago, $VELVET bounced to my first take profit at $0.65
But here is the thing: $0.65 served a stiff resistance. As such the coin experienced massive and sharp pullback with an inverted harmmer candle stick on the 4hrs Time frame
If $VELVET loses this $0.5 support region, it is going to $0.35 However, if $0.5 continues to sustain, them another brief leg-up could follow which could take the coin to $0.65 resistance again #VELVET Price Prediction#
About 24Hours ago, $VELVET pumped to over $1 up to $1.8
Just as my TA has analyzed, the coin has just retraced to a major support at $0.5
The retracement caused it to dump over 70%
currently, the dump seems to be taking over and could cause $VELVET to break the $0.5 support
If it is broken succesfully, the coin goes to next support at $0.35
But if this $0.5 support holds, I expect a brief leg-up to $0.65 and then to $0.8 (those are next key resistance region) then another retracement could follow
Above all, pay attention to the RSI divegences and price actions around these regions #VELVET Price Action# #Altcoin Season#
Since $PSG won the Champion League, it has been on a downtrend - I really wonder why it is so 🤔
On that day of finals with Arsenal, PSG token dumped massively all the way from $0.9 region towards a major 1D Trendline (the white line) at $0.7
However, after breaking the line, it made its way to $0.5 support region
From my TA, PSG token retrace to retest the broken line.
On retesting the line: - If PSG bounces above, then a bullish wave takes over - but, if it rejects from the line, a massive further dump would follow #PSG Price Analysis#
Since $RHEA rallied from $0.008 region to $0.03, it has been in retracement mode
At a point, $RHEA started moving between tight rang of $0.014 to $0.016
The current price at $0.014 is at the bottom of the range again and this represent significant support region
According to my TA here are two senarios to note: - If this level holds, I expect a bounce to the upper range at $0.016... and beyond that, $RHEA could resume its bulllish move #RHEA Price Prediction# #RHEA Fianance#
$VELVET goes parabolic to $1 .09 In less than 24hrs, $VELVET has make a significant move toping the Bitget top gainer list with 140% increase This momentum looks strong at the moment For $VELVET to break out massively in this bear market shows a strong Fundamental and Technical But, my TA reveals a need for a pullback for a confirmed move bullish continuation The $0.5 support region is my first target Provided it is not broken, $VELVET could see yet another pump from there NFA #VELVET Price Action# #Altcoin Season#
$BLESS faces stiff resistance at $0.01 From recent dip, $BLESS had pumped from $0.0039 up to $0.01 where it retraced quickly to $0.008 If this resistance is not broken, I expect a significant pullback to lower supports $0.0073 is the first support to watch NFA #BLESS Price Prediction# #Bless Network#