Crypto With Azhar
“Invest for the long haul. Don't get too greedy and don't get too scared.”
26/07/2024
CHZ analysis:
Price is now trading at the support area and entering the accumulation zone. You can consider buying some CHZ around the support area with tight stop loss.
Support Area: $0.064-$0.066
Resistance Area: $0.0837-$0.0853
24/07/2024
SUI analysis:
The price is currently in a downtrend channel and has been rejected by the resistance area. Another test of the resistance area is possible. It's best to avoid trading in this zone and wait for new entry opportunities.
Support Area: $0.75-$0.774
Resistance Area: $0.88-$0.925
29/06/2024
Nothing has changed in the market, and BTC continues to move sideways. We may see the same movement over the weekend. Keep an eye on the support and resistance levels.
27/06/2024
Bitcoin is currently consolidating above the support level, and we might experience further sideways movement. Let's observe price action over the next 2-3 days.
26/06/2024
Bitcoin was able to close the daily candle above the $60,000 support level, which is a good sign. There might be some accumulation around the support area before the next move. The market will only turn bearish after a break and close below the $60,000 level.
25/06/2024
ORN is still in a downtrend, with the price just missing the support area. A test of the support area may be seen before the next move. Consider opening long positions at the support area with a tight stop loss.
Support Area: $1.26-$1.33
Resistance Area: $1.76-$1.87
25/06/2024
Bitcoin is currently experiencing a downtrend, with the price approaching the $60,000 support area as predicted. A significant wick below the support area indicates stop hunting and liquidations. The positive news is that the price is now above the $60,000 level. We may witness some sideways movement before the next move. A daily candle closing below $60,000 would be bearish, so keeping an eye on the support area is important.
25/06/2024
MATIC again drop to the support area and bounces from there. Hoping you have got some MATIC for the mid-term. You can still place your orders and wait. The support level remains the same.
25/06/2024
We Warned You About the Dump!
As we predicted there is a sharp Bitcoin sell-off. We hope our earlier warning helped you stay prepared. This is why following technical analysis (TA) setups is crucial. Now, let's see how BTC reacts at the support area for its next move. Stay tuned for more updates!
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