BITRISE buy now spot only hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Briseusd
BRISEUSD strong rise but still within the Channel Down.Bitgert (BRISEUSD) is having the strongest 2 day rise since February 01, approaching the 1D MA200 (orange trend-line) which is unbroken since April 27. This isn't however yet a reason to buy for the long-term as the price remains within the bearish trend of the long-term Channel Down pattern since the August 31 2022 High.
In order for us to buy, we want to see a 1D candle closing above the 0.382 Fibonacci level (0.00000041), in which case we will target the 0.618 Fibonacci at 0.0000006355. Similarly if a 1D candle closes above Resistance 1 (0.0000007065) then we will buy the break-out and target Resistance 2 at 0.000001285.
Until those break-outs take place and the price remains within the long-term Channel Down, expect a rejection at the top (Lower Highs trend-line) and the trade is a sell, targeting the Higher Lows (dashed) trend-line at 0.0000002875.
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BRISEUSD Important 1day MA200 breakBitgert broke today over the 1day MA200 for the first time since October 3rd, getting out of the Consolidation Zone. This is an important step to the 0.00000076 - 0.00000068 Resistance Zone. Beyond that, we can have higher hopes for BRISEUSD only if the Declining Resistance breaks, which will trigger a buy wave to 0.00000129 Resistance.
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BRISEUSD: Perfect Logscale Bullish Shark PatternThis particular asset is kinda risky to attempt a trade on given that DeFi right now is currently the weakest sector in crypto but i like the potential for this Logscale Bullish Shark as all the measurments are perfect and i do find the price to be low risk so this is one that i will give a shot and buy some up at this PCZ.
BRISE - possibly a 30 to 50% pump coming with CEX listing!I was watching for coins or tokens to purchase if BTC would crash, I looked at Solana and saw market cap is still 11 billion. I thought, well, lets look for fastest blockchains, maybe there is a new one. I found Brise, then I saw it went up by 300% in a couple of weeks. I looked in the Telegram and saw there was a CEX listing coming, then I decided to open a chart, and what do we see. This blockchain is faster than Solana, has a market cap of 300 million at 0.0000009 and supply of 474T.
- cup and handle formation
- ascending triangle
RSI shows slight bullish divergence, with overbought conditions. I expect a 30 to 50% pump within a week! DYOR.