cryptovipsignalta

August 16, 2024, 14:57

The Accumulation Trend Score (ATS) has surged to its maximum value of 1.0, highlighting a major shift back to accumulation. This indicates significant accumulation in the market over the past month.

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cryptovipsignalta

August 16, 2024, 9:32

ETH is displaying strength against BTC. It has not dropped much despite Bitcoin volatility, indicating accumulation. There might be an accumulation in ETH before it tests the resistance area.

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cryptovipsignalta

August 16, 2024, 7:01

Bitcoin gives a wick to the $56,000 level and is instantly pumped from there. We may see some range trading between the $55,000-$60,000 area for the next few days.

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cryptovipsignalta

August 15, 2024, 18:59

ANKR analysis:

Price is currently testing the support area, and we anticipate a rebound from this level. Consider opening a long position with a tight stop loss.

Support Area: $0.024-$0.025

Resistance Area: $0.032-$0.033

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cryptovipsignalta

August 15, 2024, 13:50

Positive CVD values suggest a net buy-side pressure, where as negative values infer a net sell-side pressure.

When we analyze the yearly median value of Spot CVD, we can see that the median value has fluctuated between -$22m and -$50m over the last 2 years, suggesting the presence of a net-sell side bias.

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cryptovipsignalta

August 15, 2024, 10:19

LPT has been rejected from the resistance area and is now moving towards the support area. Consider placing buy orders in the support zone and wait.

Support Area: $9.00-$9.60

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cryptovipsignalta

August 15, 2024, 7:01

As said Bitcoin is giving mixed signals and the price again drops below the $60,000 level. The lower support is $55,000-$56,000 and a possible test of this level is expected before the next move.

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