Shiba Inu (SHIB) offers a dark size signal, Bitcoin (BTC): Are you trying to break 90,000 dollars? Solana: Days before recovery?

The trading volume of Shiba Inu rises dramatically, but the conditions surrounding this height are not encouraging. Although the rise in size often indicates an increase in momentum and attention, the fact that it appears during the declining direction must be interpreted differently. Despite the restoration of an important resistance level, SHIB has been trapped in the declining direction during the past few months.

With its current price of about 0.00001322, the original faces difficulty in getting a large upward momentum. Even with the recent increase in trading volume, the price procedure remains steadfast, indicating that pressure on the side of the sale instead of actual accumulation may be responsible for the majority of this folder. One of the main resistance barriers is still the descending trend line.

SHIB will have to increase more than $ 0.00001508 in order to indicate a possible change in momentum. However, if buyers do not interfere, it is still possible to decline about $ 0.00001200 due to the current declining structure. The volume usually usually follows a strong direction on the upward markets, which supports price increase. However, this increase in size takes place in the market for a decrease of gray hair.

Such a situation usually means that retail selling interests are decreasing, liquidity dries and that the largest players withdraw from their positions. More price decrease instead of the recovery is often preceded by this type of volume pattern. Increased size on the downside may cause increased pressure pressure if SHIB is unable to break the highest levels of the main resistance.

Battle of Bitcoin

Bitcoin again tries to break the decisive resistance level that limits its upscale momentum, a sign of $ 90,000. The cryptocurrency is currently trying to overcome this psychological barrier after a dramatic recovery from its lowest levels, which have investors wondering whether this time it will be different.

Currently, Bitcoin is trading of about $ 89.994, just below the important resistance level of $ 90,000. A successful collapse can pave the way for additional gains; The level of $ 98,000 and $ 94,000 is the next important targets. BTC may return to low support areas if they are rejected at this level, which may lead to another decline.

Since traders evaluate the global factors of the macroeconomic economy, the conditions of liquidity and the morale of the comprehensive risk market are still mixed. Although the last recovery of $ 85,000 indicates that buyers interfere at lower levels, it is unclear whether it is strong enough to pay bitcoin above $ 90,000.

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BTC will refer to a new rise if it might close more than $ 90,000 with a large size. With the next important resistance level at 98,000 dollars, the confirmed penetration can mobilize about $ 94,000 and possibly higher. In the coming weeks, Bitcoin may target $ 105,000 to $ 110,000 if it is above these levels, which brings it back to another path ever.

Rejection can lead to another decline if Bitcoin is not able to exceed $ 90,000. The Bitcoin’s additional decrease can pay $ 82,000, with $ 85,000 as immediate support. BTC may even re -test the range between 78,000 dollars and 80,000 dollars in a more severe decrease, which will put the bulls on the defense. The inability to penetrate 90,000 dollars may also lead to a brief correction in the larger encrypted currency market, which will increase altcoin fluctuations.

Solana opportunities

Solana has recovered from its lowest levels, and has now returned to more than $ 147.48, indicating that he is in a local bullish direction. However, the broader market indicators show that caution is still necessary despite this temporary comfort. The moving averages are still in a declining position despite the high price of Sol and the potential death cross may increase the possibility of more declines. With the presence of many green candles and increased bullish momentum, Solana recovered after declining to less than $ 130.

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If this area is broken, the attempt to recover it may be invalid and Sol may decrease towards the psychological level of $ 100. The largest artistic structure is still worrying despite the local upper trend. The death cross is likely to be a declining composition preceding the negative side, more likely as a result of EMAS formation for 50 days and 200 days.

Sol may force a more severe correction stage if the death cross appears, which makes it difficult for bulls to keep their upward momentum. However, the risk of the death cross may be avoided if Soul continues to improve and restore important resistance levels. A continuous increase over $ 170 will be a clear indication that the bulls regain control.