THESOUMYOROY

#THETA has been trading below the $8 mark since October 2021 and dropped to $0.553, post that buyers tried to push the price higher but faced strong resistance at $3.771 from the trendline resistance. Thereafter the price continued the dump before getting support near $0.950. Currently, #THETA is trading at $1.336 and the price action can face a very stiff challenge from $1.524 if this Resistance is broken the price may further continue towards reclaiming its March 24 level of $3.796.On the flip side if the price could not break up above the immediate resistance at $1.524 then #THETA/ USDT may continue the downslide to its lows before getting any Support.Hit 🚀 & Share if you guys like my Crypto Pair Analysis #NFA #DYOR #THETAUSDT #crypto #analysis #thesoumyoroyanalysis

#CAKE has continued its Bearish mood since the beginning of April 2024, buyers tried to push the price of #CAKEUSDT higher a couple of times, however, it looks like sellers are determined to offload!If the Buyers can't break up above the resistance, which puts selling pressure on the top of the price, then we will see #CAKEUSDT continue its journey to $1.200. The price action could show us a few possible scenarios, please refer to the chart for a clear understanding.Hit 🚀 & Share if you guys like my Crypto Pairs analysis.#CAKEUSDT #crypto #analysis #thesoumyoroyanalysis

#ORDI has been trading below its Resistance Zone of $32 for some time now, and the latest price development has pushed it further down to $29.84, below the 200 M.A.Considering the current scenario the price is expected to continue its Bearish move, most likely to test its previous swing low of around $25.Hit 🚀 if you guys like my simple-to-understand analysis!#NFA#DYOR

#ORDI has been trading below its Resistance Zone of $32 for some time now, and the latest price development has pushed it further down to $29.84, below the 200 M.A.Considering the current scenario the price is expected to continue its Bearish move, most likely to test its previous swing low of around $25.Hit 🚀 if you guys like my simple-to-understand analysis!#NFA #DYOR #ORDIUSDT #crypto #analysis #thesoumyoroyanalysisTELEGRAM GROUP - @thesoumyoroyanalysis

BITCOIN PRICE ACTION IN CONFUSIONCurrently trading at $58,594. For the past two weeks, #BITCOIN 🥇 has not shown any improvement! For the week of 12th - 18th of August, the OG closed in the mid zone, neither gave us a confirmed BREAKDOWN of the SUPPORT nor gave us a BREAKOUT of the RESISTANCE.Daily candle of #BITCOIN 🥇 price shows a 0.71% upward move at the press time and M.A. is above the price acting as a RESISTANCE.So it's time to hold for some clarity!#NFA #DYOR

#MANTA has formed a DESCENDING TRIANGLE PATTERN which is often considered as a BREAKDOWN PATTERN.However, the price got SUPPORT from the historical SUPPORT ZONE at $1.4 - $1.5 and it may try to move UP & break the UPPER TREND LINE RESISTANCE! Until then let's WAIT & WATCH Hit 🚀 if you guys want more Crypto Pairs analysis.#MANTA #analysis #crypto #thesoumyoroyanalysis

#DYMUSDT T:F - 1H 🚨IMPORTANT PRICE UPDATE ✅ #DYMUSDT T:F - 1H #DYMUSDT currently trading at $3.540 and a BULLISH PENNANT PATTERN has been spotted. A BULLISH PENNANT is a bullish continuation pattern that signals the extension of the UPTREND. NFA DYOR(Do Your Own Research) Hit 🚀 if you guys want more Crypto PATTERN updates ! #DYMUSDT #crypto #Patterns #thesoumyoroyanalysis

#NEARUSDT T: F - 3 Hours #NEARUSDT is going through a sideways move trading at $3.88 #NEAR has successfully broken above the downward Trend Link at $3.244 on February 12th and since then has re-tasted the trend link SUPPORT zone at $3.143 and has shown us formation on new Higher Lows. Advancing the pair might face a minor Resistance at $4.343 where some short-of-profit booking is expected, once this level is broken #NEARUSDT could try to reach the level of $4.690. In the Short Term, LONG ENTRY is possible. DYOR Hit 🚀 if you guys like my no complex analysis #NEARUSDT #crypto #NEARPROTOCOL #marketupdates #thesoumyoroyanalysis

$STXUSDT 4H STXUSDT 4H #STX seem to have got the SUPPORT right! Post the 13th Feb. break up above the price range of $2.0472 the layer 2 blockchain that introduces smart contracts and decentralized applications to Bitcoin showed us a very impressive rally! It is currently trading at $2.6 sitting just above a SUPPORT ZONE with a ROUNDING BOTTOM PATTERN eyes possibilty towards BULLS rally. DYOR (DO YOUR OWN RESEARCH) Hit 🚀 if you guys like it. Your support means a lot!

$AVAXUSDT 1D AVAXUSDT 1D #AVAX posts denial to fall yesterday the current level is $41.35. #AVAX recently broke UP above the month-long downward corrective price channel wherein the price fell to (-43.34%). However, it has already managed to recover more than half of what it lost UP by (26.91%) and the recovery may continue till the price hits $48. Nevertheless, it's worth mentioning that #AVAX has historically seen a lot of resistance in the zone above $48 - $54. Short Term BULLISH! Will keep tracking during and post $48 - $54. DYOR (DO YOUR OWN RESEARCH) Hit 🚀 if you guys want more pairs analysis. #AVAXUSDT #crypto #marketpdates #thesoumyoroyanalysis