In Bitcoin domination, the first support level waiting for us before the weekly opening will be approximately 51.25%, this will work as support. We can see bullish movements in altcoins if they sag below this point. The important factor that we should pay attention to is that if the bitcoin price falls in domination, it will not be good for the market. We can see price movements at lower levels in bitcoin.
BTC
In Bitcoin, the price turned down from approximately 31800. At the moment, around $30250 is our short-term support area. Below this, the most important support level waiting for us will be $29900-$29850. We should expect the price to find support at these levels. This is an important key level for the continuation of the rise and the progress of the positive outlook in the market. Bitcoin hanging below $29800 will go to test the support of $29000k. The $29k support could break the uptrend. If the $29k level is lost, we can talk again for short positions. In short, the level to be protected is $ 29850
AXS
In AXS coin, the area we marked Price tried to rise above the $5.91 level, but it could not stay above the resistance area. The price that should break AXS and be permanent is $5.91. If it fails to stay here, we may see a pullback to the AXS price level of approximately $5.44. The most important support area for AXS, the band area of $5-4.95 should not lose here.
LTC
LTC seems to be experiencing a pullback after the bullish move. LTC DE key support level is around $85.5. A daily close below this breaks the uptrend movement. When we look at the short-term time frame, we can say that there is a tiny support at $87 in LTC. Staying above $85 LTC will go to test the above $95 target.
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Latest situation in bitcoin and altcoins before the weekly opening
BTC Dom
BTC
In Bitcoin, the price turned down from approximately 31800. At the moment, around $30250 is our short-term support area. Below this, the most important support level waiting for us will be $29900-$29850. We should expect the price to find support at these levels. This is an important key level for the continuation of the rise and the progress of the positive outlook in the market. Bitcoin hanging below $29800 will go to test the support of $29000k. The $29k support could break the uptrend. If the $29k level is lost, we can talk again for short positions. In short, the level to be protected is $ 29850
AXS
In AXS coin, the area we marked Price tried to rise above the $5.91 level, but it could not stay above the resistance area. The price that should break AXS and be permanent is $5.91. If it fails to stay here, we may see a pullback to the AXS price level of approximately $5.44. The most important support area for AXS, the band area of $5-4.95 should not lose here.
LTC
LTC seems to be experiencing a pullback after the bullish move. LTC DE key support level is around $85.5. A daily close below this breaks the uptrend movement. When we look at the short-term time frame, we can say that there is a tiny support at $87 in LTC. Staying above $85 LTC will go to test the above $95 target.
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