New announcement was posted about solana:WLFinEv6ypjkczcS83FZqFpgFZYwQXutRbxGe7oC16g on the weekly timeframe, which is now sitting at a critical zone!
If price makes a confirmed breakout from the consolidation zone it will start the next trend move, but if the consolidation continues a bearish breakout becomes more likely!
$WLFI broke below $0.095, flushed lower, and is now holding above $0.0575 for several weeks!
Price is stuck between $0.0575 and $0.072 with no clear direction, structure remains weak and the downside is still the path of least resistance!
A break below $0.0575 opens new lows.
$WLFI broke below $0.095, flushed lower, and is now holding above $0.0575 for several weeks!
Price is stuck between $0.0575 and $0.072 with no clear direction, structure remains weak and the downside is still the path of least resistance!
A break below $0.0575 opens new lows. Only a strong close above $0.072 changes the narrative!
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$ASTER made a fakeout move below the support at $0.66, but was quickly reclaimed keeping the consolidation phase!
Price is still in a major consolidation range not showing a clear trend, making it hard to trade and waiting for a confirmed breakout!
$ASTER needs a either a bullish breakout above $0.8178 or a bearish one below $0.66 to enter a clear trend, and head towards other key levels!
$ASTER is still trading in a consolidation, not showing a clear trend move. Price made a bounce from the $0.66 level to turn bullish and continue higher, but lost momentum quickly and made a pullback that is retesting $0.66 again. $ASTER could continue to consolidate from here
$BTC reached the first and most important target exactly as expected with the fast aggressive move lower I talked about earlier.
Sometimes Bitcoin becomes extremely predictable especially when both price and timing align with the expected scenario.
Now the real question is what comes next for $BTC.
A bounce from here or continuation lower?
The only thing that looks clear with the current $BTC structure is that lower prices remain the most likely scenario.
And not just a slow move lower I am expecting an aggressive downside move and a red monthly close!
The Stock market is on track to make the first red weekly, after a parabolic move up with 9 consecutive bullish weekly closes!
There are still 2 trading days left for this week so it can still flip bullish, but if the conflicts continue in the Middle East it could be the first bearish week!
Will a top start to form here for the Stock market, or will the rally up continue higher?
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