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Tron vs Tether (TRXUSDT) Chart Analysis (130% Mapped)We looked at OMUSDT (MANTRA DAO) and here we have a very similar chart. Tron (TRXUSDT) we consider bullish since its price is trading above EMA10 and all other EMAs. We can see bullish consolidation taking place as we have prices creeping higher but slowly. We have higher lows showing up continually since June. The MACD is safely above zero and the RSI really strong at 60+. Just as we TRXBTC, TRXUSDT is bullish with good potential for a strong bullish jump. The main support is set at $0.100 followed by MA200/EMA300. The next target (resistance/up) is marked on the chart light green (130%+). That's all. Thank you for reading. Namaste.
Long
by MasterAnanda
8
What have you done! Update timeTo everyone who held from May low as I mentioned previously, congrats on your profit! Let's keep it sweet and simple: 1) You see there simply wasn't enough volume to pump the king (btc) to 100K. 2) Open Interest kept rising like a B*** to levels never seen before cause the money was flowing to pump shitnometrics token, midperp wasn't getting enough attention and BTC the least (zero demand). As we rose to ATH, money just quickly flew to low caps, starting a mini alt cycle. 3) Lot of new money came into the market recently, giving us a warning that rally getting unsustainable. So, big money gotta take the small money. It's only necessary! What to digest from all this? - I am not calling it a top. We are gonna get to 100K, after a quick rapid flush and recovery with smart money travelling back to BTC and midcaps. As it should be. - De-risk by taking profit and keeping some liquidity to buy the dips if it gives. - Cycle gonna extend. This cycle won't be like previous cycle. We will have multiple local tops and bottoms in my view.
FTX:BTCPERP
by filagotnochill
FLOW Price Analysis (4-hour chart)The 4-hour chart shows the FLOW price has turned higher in the last week. Furthermore, trading volume increased dramatically in the previous two days, which could suggest accumulation. As a result, the price is approaching trend resistance at $14.00. Successful clearance of the trend could provide a bullish catalyst targeting the October high of $21.28. Of course, until the price clears $14.00, the downtrend dominates the action. Therefore, the path of least resistance is lower as long as Flow remains below $14.00. Furthermore, a failure to break out on the upside could drive the price back to the October $11.50 low. At this moment in time, investors should sit tight and see how the price performs if it reaches the descending trend line. Considering how far Flow has fallen there is no need to pre-empt a breakout. For now, I am ambivalent towards the Flow price and put the odds of a breakout at 50/50. On that basis, I hold a neutral weighting on the token until a catalyst arrives in either direction. Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
BINANCE:FLOWUSD
by thomasfullerofficial