I decided to take a look at the chart of $BTC with monthly candlesticks and found the information on the structure and the candles interesting. According to my analysis, Bitcoin will drop to around 48k-42k in the coming months. Despite the price approaching a support zone, the weakness of the bulls is evident.
The zone I consider significant for a correction is the range of 42k.
Personal $MAGMA acaba has entered the list of winners with a 48% increase in 24h, but this wasn’t a coincidence because the candles are telling us which direction we will go: minutes, hours or days.
Now the price has reached a resistance zone where bears tend to act with greater pressure.
I am monitoring $BIRB since its increase; according to the structure, the pressure of the bears on the buyers is visible. The pullback is being rejected, which suggests a sell within the next few hours. Remember that it is necessary to keep an eye on it. 👀
Unbelievable increase of $TLM of 125% in 24h, this reflects the interest of the community and investors. So what is TLM?
It is the Alien Worlds game token. It is a DeFi NFT metaverse project that simulates economic competition and collaboration between players. To that end, players are encouraged to compete for Trilium (TLM), which is necessary to control competing decentralized autonomous organizations (“Planet DAOs”) and gain access to more gameplay options.
In the Alien Worlds metaverse, players can acquire NFTs (digital game items) to mine TLM, participate in battles, and complete missions. Depending on strategy, players can buy and assemble the NFTs that best fit their playstyle. In addition, players can get involved in governance by electing the Advisors of six Planet DAOs and, as such, influence the direction of the game.
For investment questions, it can still be necessary to analyze the chart and learn more about the project.
Today $NFP had an increase of more than 770%, which reflects investors’ interest. Below is the token description.
NFPrompt is an AI-powered UGC platform designed for the new generation of Web3 creators. It is a complete platform with the power of AI creation, a social community, and monetization.
It is an altcoin meant to solve real-world problems, but for now it isn’t suitable to invest in it; we should wait for consolidation.
Incredible increase of $NFP e $TAIKO today the community is excited along with the investors I will continue watching and waiting for buyers' weakness.
While monitoring it, I was surprised by its drop; in less than 1h the price was already much lower. I thought 🤔, maybe it’s another manipulation. I was curious and wanted to know if it’s possible to identify these manipulated moves. I found the answer on the 30m chart; what I mean is that it’s always good to check the other charts before placing an operation to avoid mistakes.
After $ZBT entering the winners list, I decided to take a look at your 1d chart.
The structure itself gives us the information that we are entering a possible correction moment; the price reached the support zone where most bulls react, as happened over the last 3 days. The most likely scenario is that the price of $ZBT will increase over the next few days.
$XNY had an increase today of 16% even though it’s small, it’s still worth monitoring because it’s already showing the pressure from the bears.
Talking a bit about the project. Codatta is an open, decentralized, multi-chain protocol that brings together blockchain-based data infrastructure with a collaborative network of human contributors and specialized AI agents.