
BiTBingo
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BiTBingo

The $0.000032 resistance zone is a critical supply area; we anticipate price action will react upon reaching this level and expect a bearish trend to emerge from here.If the uptrend to the $0.000032 price level is exhausted before the well-established support at $0.0000175 is reached, we could see a decline towards lower price levels.This is just my opinion and I would be happy to hear yours(;

BiTBingo

The purple support zone within the price range of $0.232 has been tested multiple times so far. If this support area is breached, we expect the bearish trend to continue towards lower levels.Upon closer examination, we observe that the resistance zone at $0.3484 has not yet been tested, and the momentum of the bearish trend has been stronger. Once the purple support zone is consumed, the bearish scenario will be further confirmed.What’s your opinion?Given the current trend and the consumption of the $0.3051 resistance area and the preservation of the support area, it seems likely that a downtrend similar to the weakened scenario will form.!!!?

BiTBingo

For Dogecoin, in order to complete the trend, we can expect to see the specified price levels: the $0.234 and $0.161 zones. If the support zone at $0.294 is fully consumed, the likelihood of seeing these levels increases.It seems that, given the consumption of the long-term resistance zone around the $0.455 price level, forming a new price peak is not out of the question. For a strong upward trend to develop, it’s necessary for orders to accumulate from lower levels.If the $0.294 support zone remains intact and a new price peak is formed, the likelihood of seeing lower price levels diminishes.You can follow more news and analyses on our Telegram channel:t.me/Bit_bingoWhat do you think of the analysis?

BiTBingo

The resistance level at $4165 has not been fully consumed yet. As long as the support area at $2982.5 holds, we can expect a bullish trend similar to the previous scenario.Currently, the probability of a bearish scenario and the consumption of the $2982.5 support level is much higher. If this support zone is consumed, we can expect to see the $2700 price range as well.At the moment, the $3060 and $2700 price zones are considered low-risk areas for buying Ethereum. What’s your take on this?"According to the analysis, the identified zones have been consumed. Given that the resistance zone at $3638.35 has been consumed and the positive divergence shown in the RSI, there is a high probability of an upward trend.We can still expect to see the $2700 zone.Was this analysis helpful for you?"

BiTBingo

The corrective scenario is valid only if the $89,308 support zone is fully mitigated. After a single liquidity sweep into this level, we anticipate a bullish retracement targeting the $106,225 price range, where sell-side liquidity is expected to be tapped. Following this, a bearish continuation toward the $84,000 zone is likely.If the $89,308 support zone remains unmitigated and the $101,195 resistance zone is fully cleared, the probability of revisiting lower levels becomes invalid for now.That said, considering the current market structure and order flow, the bearish scenario appears more probable, but confirmation is still required.What’s your perspective on this?Based on the analysis of the identified areas, they have been fully absorbed. Given that the support level at $89,308 has been exhausted, the likelihood of a price reaction around the $106,225 zone and the formation of a downtrend, similar to the previous scenario, has been reinforced.

BiTBingo

Hi guysDo you think we should wait for the $10.6 support area to be consumed and the upward trend line to break down?Or considering maintaining the upward trend line, provided the previous floor of the price is maintained, can we expect a failure from above and see higher price areas?pullback or .. ?

BiTBingo

Hi guyson the weekly time frame; If the red downtrend line breaks upwards, we may be ready to complete the flag pattern.But the situation is not interesting here at the moment.If the red support area ($104.5) is completely consumed, we expect a reaction from the area of $188.4 or $160.3, and the possibility of continuing the downward trend to the specified price area is strengthened.If the support area of $104.5 is preserved and the downtrend line is broken upwards, our mentality for an uptrend will be strengthened.What do you think?t.me/Bit_bingoSo nice

BiTBingo

Hi guysThe main trend is downward. We have not yet received confirmation of a trend change and the bullish outlook is very weak for now.But on the daily and four-hour time frames, we have a positive RSI divergence.And provided that the downward trend line is broken and the resistance range of $0.893 is consumed, the possibility of the continuation of the upward trend is strengthened.What do you think?In the previous analysis, with the support zone intact, we had a 160% move towards the initial target.The bullish outlook remains intact, and it seems that the two identified support zones are attractive areas for re-entry or increasing position size.

BiTBingo

hiFor now, we don't have any positive signal and the best case is to wait; If the $0.12172 resistance range is completely consumed, we can expect a break of the descending channel and an uptrend.But now, due to maintaining the downward channelized movement, the probability of the continuation of the downward trend is higher.What do you think?

BiTBingo

Hi guysWe are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates.In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the scenario from the specified resistance range.On the daily time frame, according to maintaining the support area and ascending channel, provided that the ascending trend line is maintained, the price area of $2250 can be attractive for buying.what do you think?So far everything has gone according to analysis
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