#CHR has dropped below the #support area to hunt for stop losses. Still, the long position setup is valid. We expect a bounce from the support area towards the #resistance area.
Support Area: $0.01980-$0.02080
Resistance Area: $0.02800-$0.03000
#Bitcoin was unable to maintain the $75,000 level and experienced a significant drop from there. #Support is expected to be tested in the $71,000-$72,000 range, while #resistance is now around the $75,000 mark.
#Bitcoin continues to #trend sideways, and there are no new developments in the #market yet. As the weekend approaches, we expect the same erratic movements for the next couple of days.
#CELR analysis:
#Price is currently #trading between the #support and #resistance areas. Long positions can be considered near the support area, with expectations for a move toward the resistance area in the coming days.
Support Area. $0.002260-$0.002400
#Bitcoin has undergone a retracement, and its structure is broken. The #resistance is now at $80,000, and the #price needs to break this level to gain #upward movement.
#Bitcoin has tested the #resistance area again and was rejected. The #price is now attempting to hold the #uptrend line; let's see how it reacts. A break above the resistance area would be #bullish.
#PENGU analysis:
#Price is currently testing the #support area; you can open long positions here with a tight stop loss. We are expecting a continuation of the #upward movement in the coming days.
#Bitcoin is finding #support at the #trendline, with #resistance in the $82,200 to $82,700 range. If it breaks above this resistance, the #price could rise towards the $85,000 level. The #market looks favourable and is anticipating #upward movement.
#ETH analysis:
#Price has broken through the #resistance area and is now #trading above it. A triangle pattern is forming on lower time frames. The #resistance is in the $2450-$2500 range, and a break above this will lead to a move towards the $3000 level.
#Bitcoin is currently attempting to maintain its position above the $77,000 mark. Let's observe its reaction, as a close above this level could lead to upward movement in the #market.
#Bitcoin has struggled to maintain the $77,000 level and has once again declined from that point. The #price is now finding #support at the $75,000 level.