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Technical CRYPTO Analyst

We provide only technical based charts here for alts coins as well as btc We believe in charts and TA. Not an Investment Advice Do your Own RESEARCH always

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The price of #ATOM⚛️ has broken the upward trend line. After the failure, it fell by more than 30% and reached the support level of $7.660-7.660. according to the continuation of the downward trend of the market in the short term, there is a possibility of reducing the price to the bottom of the descending channel that was formed recently. If the price reaches the bottom of the channel, it will reach the important demand area of ​​$6.1, and there is a possibility of price support from this area.
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#STX, unlike many currencies, has maintained its upward trend. After successfully breaking out of the bearish wedge pattern, the price started an upward movement. The price has just broken out of a bullish pattern, and if the buyers continue to act strongly, the price will soon reach $3.050. If the price wants to move like other currencies and reach$ 2.050 again, the probability of the price returning to the important demand level of $1.750-$1.900 - will increase.
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In the past 24 hours , 68,989 traders were liquidated , the total liquidations comes in at $229.87 million The largest single liquidation order happened on #Binance🔸 - #BTCUSDT🪙/💵 value $9.62M
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#GAL🌌 is moving in a descending channel. After crossing the resistance of the channel, it has decreased by more than 25% so far. The demand level of $3.15 - $3.0 has been broken, and the close of the candle below this area has confirmed bearish sentiments, indicating more bearish potential. With the continuation of the downward trend of the market, the price of GAL will also decrease to the bottom of the channel.
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The resistance level of $2.5300-$2.6200 - prevented further price growth. The price of #IMX🪙 has left the ascending channel that was formed in the 4-hour time frame. The main support level is in the area of ​​$1.6700-1.7300, and it is likely that the price will decrease to this level. revisits this demand zone, securing a strong rebound is imperative to sustain bullish intentions. A failure here could amplify bearish pressures, sour the market outlook, and push prices to even lower thresholds.
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#BCH, after trying to break, rejected at the resistance level. The double top pattern has just been completed, and according to that, the downward scenario, it will continue. If the price can successfully break the support level of $440.0 - $450.0 , we can expect to move according to the pattern and decrease to $400.0 . If the price is supported from the current level, it is possible for the price to return to the resistance level of $520.0-$530.0, although according to the current situation, the downward scenario is more likely.
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Marathon Digital, the largest #Bitcoin🪙 mining company, sold 1.2K $BTC yesterday 🔴 A negative signal
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After so many attempts of breaking ATHs and getting severely rejected above 70K, #BITCOIN🪙seems exhausted, blackrock and other ETFs pumping and dumping larger volume than ever. Bitcoin is crashing very dramatically and is leaving no room for doubt. The week starts red right away. #BTCUSDT is still moving sideways in a consolidation zone around the 72,000 - 65,900 area on the 4-hour chart. A short-term correction continues to form. The price broke the 69,200 support level . Overall, the market will move in a range at this time, and the range correction will continue to develop. Trading will be carried out between levels. According to the current market structure and the price behavior after the clear breakout on the long-term chart, we are more likely to capture the market correction as long as the price remains below the $72,000 resistance level. The market will soon experience huge fluctuations.
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