Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price declined to support level, which coincided with support area, and even broke it and fell lower. Then price started to grow inside rising channel, where BTC soon broke $61100 level again and then made retest. Price rose to resistance level,...
If it moves up, it can have 10-50% profit, the targets are marked with green lines.
Analysis: Chart Pattern: MDT/USDT is showing a Bearish Pennant pattern below the support level, indicating potential for further downward movement. Support Breakout: The coin has broken below a key support level, suggesting increased selling pressure. Target Price: Estimate target prices based on the height of the pennant. Cautionary Note: Be careful, as...
#CVXUSDT (Update) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about CVX. CVX is ready for breakout. After this breakout we can see gain upto 130%+ soon.
In the long term, USDT dominance is in an uptrend. Within this trend, it often rises slowly, suppressing Bitcoin and altcoins, sometimes sideways, sometimes causing price declines. Then, with the sudden drops that follow, it puts Bitcoin and altcoins into a very sharp bull season. Right now, USDT is in an uptrend. I think that Bitcoin will enter a sideways channel...
Preface: BTC's long-term trend is till bullish, so most likely scenario at this point is a continuation of the trend. Still, it's important to consider different views. Bitcoin has been trading within the 70k-60k area for the better part of three months at this point. This came after making a (minor) new all-time high. This is the first all-time high that occured...
USDT Dominance Update: The USDT dominance chart shows a symmetrical triangle pattern, suggesting a potential breakout in either direction. Currently, it is facing a resistance at 4.8% and if the resistance stays strong then a 7% rejection is likely possible. Key Levels to Watch: ~ Resistance around the 4.80% level. ~ Support around the 4.50% level.
Just like most alts, WLD has been selling off over the last weeks. However, we're now trading at an RSI of around 26 points on the daily chart, which implies strong oversold conditions. This analysis is based on the idea that WLD will bounce in the near future. I keep the target relatively close because the longer-term trend is still bearish.
#FTTUSDT (Update) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about FTT. FTT going to break main falling wedge pattern. After breakout we can see gain upto 70%+ soon ✍
Analysis: Chart Pattern: Combousdt Coin Crypto is currently displaying a Bearish Flag pattern, indicating potential downward movement. Breakout Potential: The pattern suggests a likely continuation of the downward trend once the flag breaks. Target Price: Estimate target prices based on the height of the flagpole. Stop-Loss: Set a stop-loss slightly above the...
This divergence may cause #usdtd #usdt dominance to weaken for a short time frame, thus #btc and #altcoins may have some bounces. Not financial advice.
TURBO is setting up for the first big leap. After breaking 0,003$ there will be clear skies to reach the moon or even mars.
USDT dominance is currently hitting three major resistance levels: 1. 100 EMA (blue) 2. 50 SMA (red) 3. 8-month-old trendline resistance (blue) This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally. Invalidation:- Close...
In this professional analysis of the Kusama (KSM)/USDT daily chart on Binance, I'll delve into the current technical setup and evaluate potential future movements based on the observed price action and indicators. Price Action and Support/Resistance Levels The current price of KSM stands at approximately $26.39, with a recent loss of 5.48% on the day. The chart...
In this technical analysis of the FLUX/USDT 4-hour chart on Binance, we'll explore the significant technical aspects that are currently shaping the market dynamics of FLUX. Price Action and Support/Resistance Levels The chart shows FLUX trading at approximately $0.7379, with a significant downtrend visible, marking a 10.77% decline in the last recorded session....
In this technical analysis of the Ethereum (ETH)/USDT daily chart on Binance, we are reviewing the primary technical indicators and price structures that might influence Ethereum's price movements in the near future. Price Action and Support/Resistance Levels The current price of ETH is approximately $3,042.48, showing a recent decline of about 1.93%. The chart...
In this professional analysis of the Binance Coin (BNB)/USDT daily chart on Binance, we are examining the key technical indicators and price structures that may affect the future price movements of BNB. Price Action and Support/Resistance Levels The current price of BNB stands at approximately $594.1. The chart presents a structured view with key resistance (R2)...
In this technical analysis of the Bitcoin/USDT daily chart on Binance, we observe a few key indicators and their potential implications for the cryptocurrency's price action. Price Action and Support/Resistance Levels The chart illustrates a period of fluctuation within a defined range, showing strong resistance around $73,777 and multiple support levels marked...