Technical CRYPTO Analyst

#GRT is moving in a descending channel on the daily time frame, which is actually part of a bullish flag pattern. To maintain the upward trend in the higher time frame, the price should be maintained above the level of 0.150 -0.136 . Breaking this level means changing the trend and making sellers stronger. The price needs some rest in the areas of this level to return. After reaching the bottom of the channel and the demand level, there is a possibility of the price returning to the channel ceiling and the resistance area of ​​$0.33 - $0.355 .

Recently, #VET has been following a descending resistance trajectory , and faced a strong rejection from the internal resistance at $0.03400 and losed momentum.As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $0.02543. As long as #VETUSDT has not been able to cross the dynamic resistance, it will be a downward trend. Currently, the most important support area is $0.01940 to $0.01830, and the price may continue to decline until it reaches this level due to the successive bearish candles that have formed. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.

#ZENUSDT has broken a dynamic resistance in the daily time frame and has now retested it. #ZEN is showing a strong probability of a bullish continuation . consistently respected the descending resistance. Recently, it broke upward and completed a retest phase. Currently, it’s resistance at $10.50 - 9.80 . The bullish probabilities are strong due to the formation of strong candles, the breakout of a strong descending resistance, and the creation of bullish momentum at key support levels. if the price fails to ascend from the support at $8.5 and loses momentum, this scenario would clearly indicate that seller sentiment is in control, and #ZEN could drop significantly.

#PEPE😀 has been respecting the descending resistance line, repeatedly getting rejected at this level. The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend. There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested.

#TRON🔻 is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. #TRX is likely to experience a correction against the trend soon, as it has reached the strong resistance at $0.13 . This correction will present an opportunity to go long. We expect the price to pull back following the level breakout and then continue trending upwards. the first target is resistance zone at $0.145

#Bitcoin🪙 made a good return from the bottom of the channel and recovered to $58,000, it has reacted to the middle line of the downward channel and there is a possibility of the price returning to the bottom of the channel 🔻. If it crosses the middle line of the channel, the first target is to return to $61,000🔺.

#BinanceCoin recovered the broken level of $470-500 and is now trading above it. The price has left the ascending channel formed in the daily time frame, but as long as it is above the current level, it will be an upward trend. Considering that this area is a strong demand level, it increases the possibility of the price returning to the resistance level of $635.0-$660.0 .

#Ethereum🔹 has returned to its main demand level, maintaining the level of 2870-3030 dollars in the 4-hour period is a sign of the continuation of the upward trend. The reform process has intensified. The price moves in the ascending channel on daily timeframe, and the probability of the price returning to the floor and the area of ​​$1900-$2120 is high. When the price drop becomes intense, fear dominates the market, and many whales take advantage of the opportunity and invest in safe currencies.

#Bitcoin🪙 has decreased by more than 6% in the last 24 hours. The descending channel in which the price used to move has changed and has become larger, and now the price is trading at the bottom of the channel. The demand level of $57500-$56200 - was also violated, and the pattern of 2 peaks in the chart is completed. If the price wants to move according to the pattern, it will return to the level of $48000-$47000 .

#SFP again returned to the broken support of the ascending channel and tested it, but failed to enter the channel and returned again. Although this currency does not fluctuate much, it strongly reacts to the limits of $0.8560 and $0.6200. These supply and demand levels are very important for the price. Therefore, the price will return to the level of demand. .