#CORE/USDT / Ready to go up#CORE
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.7800
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.9632
First target 1.05
Second target 1.13
Third target 1.25
COREUSDT
CORE LongCORE/USDT Long
Reason:
Breakout of Trendline With Volume.
Broke major resistance and resting on it as support.
All indicators suggesting a strong bullish momentum.
initialization of next impulse.
Stoploss is 4H candle closing below 0.839
OKX:COREUSDT
BYBIT:COREUSDT
BYBIT:COREUSDT.P
MEXC:COREUSDT
MEXC:COREUSDT
$CORE :: Indicate SELL & BUY LEVELSCore (CORE) is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake (DPoS). The protocol is backed by its native token, CORE.
#CORE/USDT#CORE
The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it
The price rebounded well from the green support area at the 1.50 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend
Entry price is 1.60
The first goal is 1.84
Second goal 2.10
Third goal 2.40
COREUSDT Immediate target = $10.00Core DAO (COREUSDT) declined after a remarkable +735.93% rise buy found Support on the 1D MA50 (blue trend-line). Yesterday posted its 2nd strongest green 1D candle in history and when the 1D RSI breaks above its MA trend-line, we expect the new Bullish Leg to be confirmed. Our Target is $10.00, which represents another +735.93% rise from the bottom.
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Core Bullish Run with Weekly BreakoutCore (Coreusdt) has exhibited a bullish sign with a breakout in the weekly time frame. Currently trading at $1.26, the next resistance level lies at $1.51 .
A successful breakout above $1.51 could see the Core surge further to $2.54 .
On the downside, potential support sits at $1.00 in case of a pullback.
Core (CORE)Core is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications. The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake.
Anyway, CORE been in a downtrend from birth. After CORE broke the downtrend line, CORE moved into an ascending channel, and recently CORE broke this channel with momentum and now reaching the first horizontal resistance area. Core probably rest at this area for a while; if break this area, further upward movement is possible. Let's see what happens.
CORE SEEMS TO ENTER A NEW BUILDING TREND (CYCLE)Based on our study, CORE appears to be experiencing a significant upward trend, suggesting potential for further growth.
CORE is showing interesting indicates data trends both technically and in terms of data analysis.
we will follow its progress to see if it reaches the $1.11 mark soon.
we will continue to monitor CORE for any new updates. The current cycle for this coin cycle began at $0.58 and it's already gaining traction.
note that this update is not trading advice.