Price is trading within a downtrend channel, finding support around the $0.56 level. You can open a long position there with a tight stop loss. A break above $0.70 will indicate upward strength.
Price is currently trading within a falling wedge pattern, and there is a local support area that it needs to hold. A close above $2.15 will indicate potential upward movement.
Price is currently trading in a falling wedge pattern, which is considered bearish upon a breakout. We may see a significant move once this pattern breaks. It is advisable to wait for a while before making new entries.
$BTC Bitcoin continues to trade within the upward channel, respecting the support trendline. The resistance remains unchanged at $90,000. Let’s see if the market can break this level or not.