The price of $LTC held the important level of $75 and formed a reversal pattern. If the price remains above this level, an upward movement may begin with the goal of reaching the 4-hour OB zone above the $84 level.
$ETH has broken out of the falling wedge, signaling a potential trend reversal to the upside. Price is now pushing above the wedge resistance, and holding above this breakout level would confirm bullish continuation.
A successful retest could open the door for a move toward the next resistance zones, while a failure to hold may lead to short-term consolidation.
$BTC is forming a descending triangle and is currently facing rejection at the descending trendline resistance. This rejection suggests sellers are still active at higher levels.
If the rejection continues, the price could move back toward the horizontal support. Until a clear breakout or breakdown occurs, further consolidation within the triangle structure is likely.
$ZEC bounced perfectly after breaking out of the falling wedge and completing a successful retest. It is now facing a key horizontal resistance level.
A breakout above this resistance would confirm the continuation of the bullish move, while a rejection could signal another retest of the falling wedge.
$INIT is moving inside a falling wedge pattern on the 8-hour chart. In case of a breakout above the wedge resistance and the Ichimoku cloud, the potential targets are:
🎯 $0.1105 🎯 $0.1296 🎯 $0.1450 🎯 $0.1603 🎯 $0.1823
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
$ACT is moving according to plan. It bounced from the support and touched the first target. Now volume has increased and it has broken above the channel. We need to see whether the daily candle closes above the channel; if it does, the previously mentioned targets are in play:
The price of $BNB has gathered liquidity from the previous low and formed a local reversal. The upward movement may continue if the price holds the FVG 2h zone between $881.6 and $887.0 during the movement. The main target for growth is the level of equal highs at $928.
$BTC swept liquidity below the triangle’s trendline support and quickly bounced back, signaling buyer interest and keeping the bullish structure intact.