Crypto king

Technical Analyst | Bitcoin & Altcoin Trader
💹 Daily charts, signals & strategies
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#Bitcoin #ETH #Crypto #DeFi #Blockchain

[Crypto king @CryptokingTA]

MLN analysis:

Price is in a downward channel, and there is no sign of strength yet. Let's see how the market reacts in the coming days. The immediate resistance is around the $5 area, and a break above this will indicate some strength in the market.

[Crypto king @CryptokingTA]

BTC has retraced back toward the average cost basis of U.S. spot ETFs, putting a large portion of ETF holders around breakeven. This makes the zone particularly important — either fresh demand steps in to support price, or selling pressure builds as holders reassess risk.

[Crypto king @CryptokingTA]

Bitcoin broke below the support area and quickly bounced back. The price is struggling to maintain the $85,000 level, so let's see how it reacts in the coming days.

[Crypto king @CryptokingTA]

Despite Q1 2022 similarities, capital momentum into Bitcoin remains positive, explaining support at True Market Mean and recovery above $90K 📈💰.

Net Realized Cap at +$8.69B/month — below July's $64.3B peak but still positive.True Market Mean acts as consolidation zone

[Crypto king @CryptokingTA]

Bitcoin dropped to the True Market Mean — the cost basis of non-dormant coins,

Spot price fell below the 0.75 quantile to $96.1K, putting 25% of supply underwater 🔴💰.

Market remains sensitive to macro shocks until reclaiming $106.2K (0.85 quantile) as support 👀🎯.

[Crypto king @CryptokingTA]

DASH Analysis :

DASH dropping strongly with some clean lower lows and respecting the resistance trendline and expected to reach the Major Support. price action indicates it can go lower from here, try building shorts here till support area.

Major Support Zone : $33.10 - $34.80

[Crypto king @CryptokingTA]

During the sharp drop a few weeks ago, traders increased hedging, with strong demand for put options as price fell into the low-$80K range. Volatility is still higher than the very calm period seen over the past six months, suggesting a more active volatility phase ahead

[Crypto king @CryptokingTA]

Bitcoin is currently holding the $85,000 support level, and the price movement is relatively stable. The key resistance is at $90,000, and we might see a retest of this level. The market remains in a zone of uncertainty, so let's wait to see which direction it ultimately takes.

[Crypto king @CryptokingTA]

ONG Analysis :

ONG continuing its downtrend reached out the final support zone. Price following the small channel pattern,break below that support. Once it closes below, price can easily drop another 10% - 15%, shorting opportunity for us.

Major Support Area : $0.079 - $0.094

[Crypto king @CryptokingTA]

Glassnode data shows that nearly every major crypto sector has underperformed Bitcoin over the past 3 months.

📉 Performance Overview:
• BTC: –26%
• ETH: –36%
• AI tokens: –48%
• Memecoins: –56%
Altcoins continue to show much higher downside volatility,

[Crypto king @CryptokingTA]

ETH has struggled to maintain a position above the $3450 resistance level and was rejected at that point. The price is currently testing the support area again. You may consider opening a long position at this support level.

Support Area: $2800-$3000

[Crypto king @CryptokingTA]

Institutional Bitcoin holdings have reached ~5.94 million BTC, accounting for nearly 30% of the circulating supply across exchanges, spot ETFs, public companies, and government treasuries.

[Crypto king @CryptokingTA]

TNSR gave a breakout of the falling wedge pattern and tapped into the resistance area exactly. Price rejected it and now made a new lower low, reached the support zone too. Once price break the area, then you can build the short position and long only after the rejection in HTF.

[Crypto king @CryptokingTA]

Bitcoin broke through the support area on Monday and is now retesting it. The price needs to reclaim $90,000; otherwise, the market will turn bearish. Let's see how the market reacts in the next couple of days. #BTc

[Crypto king @CryptokingTA]

Bitcoin has reached the $120,000 resistance level and is currently facing some selling pressure. If it holds above this level, the price could move towards the all-time high resistance zone. Local support is around the $118,000 area, and a visit to this zone is possible.

[Crypto king @CryptokingTA]

Bitcoin continues its upward trajectory and has successfully broken through the resistance zone of $113,000 to $113,500. The price is currently trading above this level, and maintaining this position could lead to further increases.

[Crypto king @CryptokingTA]

The supply of Ethereum on centralized exchanges has fallen to 14.8 million ETH, the lowest since 2016, according to Glassnode.

This decline is usually interpreted as a positive sign: fewer coins are available for quick sale, increasing the likelihood of holding and staking.

[Crypto king @CryptokingTA]

JUST IN: Bhutan’s government moved $130M in $BTC to new wallets over the last 12 hours.

Reserves are untouched, still holding 6,946 BTC worth $765M.

Source: @arkham

[Crypto king @CryptokingTA]

Bitcoin dominance tested the resistance area but was rejected. As a result, altcoins are experiencing some relief. We might see another test of the resistance area, so we'll need to observe how it reacts. The local support level is at 58.30%.

[Crypto king @CryptokingTA]

HYPE analysis:

Price is trading in an uptrend channel and now testing the support trendline. You can open a long position here with a stop loss around $40 level. We may see a bounce from here towards the new all-time high price.

Support Area: $43.50-$44.00