LOFTY POINT SIGNAL TRADE

Years in the market, focused on discipline. Daily data-driven setups and analytics to keep you on the right side of the chart. Altcoin & Futures Specialist.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

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ADA analysis:

The price is currently trading in a triangle pattern and is now testing the support area. A break and close below the $0.1540 level would be bearish and could lead to a quick sell-off.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

DOGE tested the support area and initially bounced from there. The price has now reached the major support area again, and you can add more to your long position. I expect a good upward movement after accumulation.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

DOGE is forming a triangle pattern and continues to bounce off support. Per the analysis, short-term longs can be taken, and shorts can be taken after the HTF break.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

Bitcoin has been rejected from the resistance area and has also broken the support uptrend line. The price needs to reclaim this level; otherwise, the situation could deteriorate. The next major support is around the $60,000 area.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

Bitcoin is retesting the support area and needs to hold this level. If it holds above this level, the upward movement will continue.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

ETH is gradually approaching the $2000 resistance level. Let's see how the market reacts to this resistance area. A candle close above $2000 would be bullish and could push the price towards the $2500 level.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

ETH has broken the trading range after forming a double bottom. The major resistance area is at $2000, so let's see how the price reacts there. A break above this level will likely lead to significant upward movement in the altcoin market.

[LOFTY POINT SIGNAL TRADE @LoftySignals]

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