Clean Hit Crypto Academy

ZEN analysis: Price has broken the resistance area, and it is now retesting. A move towards the major resistance area may happen in the coming days. Consider a small long position near the support with tight stop loss. Support Area: $10.90-$11.30 Major Resistance Area: $14.10-$15.10

After a week of institutional inflows, increased trading volumes, and spot ETF speculation, BTC futures open interest is now at $13.45B, the highest amount of open interests in the past 12 months and the most since June 2022.

#BTC still unable to surpass its previous swing high and kinda started ranging near $35,000. Price need a breakout either side, as its more looks like Re-Accumulation phrase.

Finally, TOTAL2 (the altcoin market cap) has broken its resistance area and is now trading above it. We will see a move towards the major resistance of the $600-$620 billion range. The support level is now $550 billion, and altcoins are bullish above it.

Crypto market sentiment at highest point since $BTC’s $69K all-time high The Crypto Fear & Greed Index has returned to levels not seen since the peak crypto market rally of November 2021. 📈 The index gathers and weighs data from six market key performance indicators — volatility (25%), market momentum and volume (25%), social media (15%), surveys (15%), Bitcoin’s dominance (10%) and trends (10%) — to score market sentiment each day. 👉🏼 Read More

Bitcoin broke the major resistance area after around one and a half years. This is a good sign and brings confidence and positive sentiment to the market. Altcoins will see a good rally if BTC holds above the $31,500 area.

📌Dive into this snapshot of "Bullish Reversal" patterns! 📉📈 1️⃣ Double Bottom: Like a 'W', it's a sign the bears are outta steam. 2️⃣ Triple Bottom: Three lows? Bulls might be taking charge. 3️⃣ Falling Wedge: Prices squeeze tighter? Expect a bullish jump! 4️⃣ Inverted Head & Shoulder: Spot a central dip with smaller dips on each side? Bulls are gearing up. Eyes on the charts, and remember these formations! The market's language is all in the patterns. 🕯 Let's ride the waves together! 🟢 @Clean_Hit_Crypto 🥳

MATIC's value continues to rise post-breakout, yielding a profit of over 20%. Consider taking profits or raising the stop loss to $0.60.

#APE made Strong Resistance into Strong Support and moved aggressively, to the upside. Price didn't gave any pullback for entry but now its expected to reached out the Next Resistance Zone of $1.28 - $1.29, where shorting opportunity can be taken into.

Bitcoin Weekly Analysis: The price has recently broken the major weekly resistance level. Now, we need to observe whether the price will be able to close a weekly candle above this resistance area. The current support area is within the range of $32,000-$32,500. As long as BTC stays above this support range, the market is expected to remain bullish.