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_A Red Market Presents Opportunities for Savvy Investor.

Scouting #Altcoins charts. So far, I like a few coins. Hint: most of them are having a red day.

#BTC Understandably - Bitcoin is finding some resistance at the major psychological level of $100,000 Does Bitcoin need to experience a dip, having only broken out from a sideways range some 5 days ago? It's debatable However at this time, the worse-case scenario is that Bitcoin could dip up to -8.5% into the old resistance of ~$91k (red) for a post-breakout retest For context, Bitcoin experienced a -7% dip some 10 days ago Bitcoin could of course produce a much shallower dip but the key takeaway is that dips are a natural part of the process And dips precede further upside $BTC #Crypto #Bitcoin

FET Falls Despite Merger Announcement On May 29, the Fetch.ai team announced that a date has been set for the ASI alliance merger, which will go through on June 13. At the current market capitalizations of FET, AGIX and OCEAN, the ASI token will have a market capitalization of $5.8 billion. The announcement did not have a positive effect on the FET price, which has fallen since a high of $2.71 on May 22 (red icons). The decrease validated the $2.50 horizontal area as resistance. Moreover, it confirmed the creation of an ascending parallel channel, considered a bearish pattern. Currently, FET trades close to this channel’s support trend line. Because the price trades in a corrective pattern and below resistance, a breakdown is the most likely future price outlook. If this happens, FET will likely fall another 24% and reach the $1.65 horizontal support area.

$HBAR is currently facing resistance at MA25 (red line) and MA99 (purple line) acting as strong support. There is a possibility of a price increase to 0.2, but the price was recently rejected at the 16000 horizontal resistance level. It is likely that the price will test the resistance level again. It is advisable to monitor this token closely as it is at a critical decision-making point that will determine whether it will enter a bullish or bearish trend.