Cream / UsdtBINANCE:CREAMUSDT
🚨 **$CREAM on Binance - A Hidden Gem?** 🚨
🚀 **Chart Analysis**: If you’re looking for an unpumped coin with huge potential, check out $CREAM! The chart is looking **beautiful**—we’re seeing a **falling wedge** formation, followed by a **breakout** and a **retest**. This kind of pattern usually signals a bullish reversal!
🔑 **Why $CREAM?**
- The **falling wedge** is a classic bullish pattern, and the retest of the breakout level looks solid.
- **Volume** has been steady, and the price action is showing signs of upward momentum.
- It’s still **undervalued** with plenty of room to move if the breakout continues.
💡 **Opportunity**: If you believe in technicals and are on the lookout for **undervalued**, "unpumped" coins, $CREAM might be the one to keep an eye on. But as always, make sure to do your own research and trade wisely!
Disclaimer: Not Financial Advice
CREAMUSDT
Cream/UsdtBINANCE:CREAMUSDT
**🔴 Current Price:** $17.21
At the moment, the price of C.R.E.A.M. is sitting at $17.21. This could be a key price point to monitor for potential movements. If it doesn't see a strong uptick soon, there's concern that the coin could face delisting, especially if it continues to struggle at these levels.
**⚡ Support Levels:** $16.50 / $15.50
The immediate support levels to keep an eye on are around $16.50 and $15.50. If the price falls below these levels, the outlook could become more bearish, with the risk of further declines and potentially being delisted. These support levels act as the "floor" for the price, and if they hold, it could provide a base for a rebound.
**🚀 Resistance Levels:** $19.50 / $22.43 / $25
On the upside, the coin faces resistance at several key levels: $19.50, $22.43, and $25. If the price manages to break through these resistance points, it could trigger more buying pressure, leading to a potential rally. Volume and buying interest will be crucial to pushing the price past these resistance levels. If the coin breaks above $19.50, it could target the next levels at $22.43 and then $25.
**📉 Bearish Scenario:**
If the price fails to hold above the support levels and continues to decline, there’s a risk that it could be delisted, especially if volume and interest drop significantly. Delisting typically happens when a project fails to maintain a certain level of activity or relevance in the market, so keeping an eye on these price levels is important for risk management.
**📈 Bullish Scenario:**
For the bullish case, if the price can hold above the support levels and attract more volume and money flow into the market, there’s potential for a strong upward movement. In this scenario, if the price reaches $19.50 and breaks through, the next resistance levels at $22.43 and $25 could be tested. Positive market sentiment and increased buying volume will be key factors for pushing the price higher.
**💡 Not Financial Advice!**
This analysis is for informational purposes only. Please remember to do your own research and make informed decisions based on your risk tolerance. Cryptocurrency markets are volatile, and prices can change quickly. Always use caution when investing.
**📊 Volume & Money Flow:** Critical for Movement
For any significant price move to happen, volume and money flow are essential. Without strong buying interest (volume) and capital coming into the market, price levels can struggle to hold or break through key resistance. Pay attention to volume indicators and overall market sentiment to gauge potential for upward momentum.
CREAMUSDT.P Long IdeaCream is consolidating on it's 1D 50ema, and the 4hr 50ema also sits around there. Seeing as there are wicks to the upside on the 4hr needing a fill, I expect price to react with a tiny wick below the daily 50ema, and push up for a tidy 5RR, or a tidy 10RR if you target range highs.
#CREAM/USDT#CREAM
The price is moving in a descending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 12.60
We have a downtrend and the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 12.80
First target 13.52
Second target 14.20
Third target 15.00
CREAMUSDT.1DUpon examining the 4-hour chart of CREAM/USDT, I notice several pivotal technical factors that offer a comprehensive understanding of the current market situation and potential future price movements.
Technical Analysis Observations:
Support and Resistance Levels (S1, R1, R2):
Support Level 1 (S1): At approximately $39.85, this level has acted as a crucial support and a possible floor for the recent downward movement. A failure to hold this support could lead to further declines.
Resistance Level 1 (R1): Located at $65.00, this level will serve as the first major hurdle for any bullish correction attempts.
Resistance Level 2 (R2): At $87.98, this higher resistance level marks a significant recovery target in a more extended bullish scenario.
Trend Indicators:
The price has been in a clear downtrend as marked by the descending price action. The support at S1 will be critical to watch for any signs of reversal.
The price action between the support and resistance levels indicates a range-bound movement, where traders should watch for breakouts or breakdowns from this range to determine the next major move.
RSI (Relative Strength Index):
The RSI is at 36.00, suggesting that while the asset is not yet in the oversold territory (below 30), it is close. This could indicate potential for a further drop but also suggests that we are approaching levels where buyers might start to come in.
MACD (Moving Average Convergence Divergence):
The MACD is below the signal line, and the histogram is showing negative values, indicating bearish momentum. However, the lines are flattening, which could hint at a potential slowdown in bearish momentum and a possible upcoming crossover.
Conclusion:
The CREAM/USDT pair is currently testing a significant support level around $39.85. The proximity of the RSI to oversold levels and the flattening of the MACD suggest that we may be nearing a point of reversal or at least a short-term consolidation. However, the prevailing bearish sentiment underscored by the MACD means caution is warranted.
For potential trading strategies, I would look for a confirmation of a reversal signal at the support level, such as a bullish divergence on the RSI or a MACD crossover. If the price breaks above the immediate resistance at $65.00, it could signal the start of a bullish trend, with a target towards $87.98. Conversely, a decisive break below $39.85 would suggest further downside, and monitoring the price action closely for new support levels would be essential.
Risk management remains crucial in such volatile conditions. Setting stop-loss orders just below key support levels and taking profit near resistance levels can help manage potential risks and optimize gains.
CREAMUSDT.1DThe CREAM/USDT pair currently trades at $69.75, showing significant volatility in recent months. The daily chart highlights a series of fluctuations, with current pricing pressures suggesting a bearish sentiment.
Key Support and Resistance Levels:
Resistance 1 (R1): $55.09 - This level is critical as it has previously served as a strong resistance point. The price is currently below this level, which might continue to act as a ceiling in the short term.
Resistance 2 (R2): $103.92 - This is the highest recent resistance level, significantly above the current price, suggesting a strong upward move would be needed to test this.
Support 1 (S1): $39.37 - Currently, this support level is crucial. If the price drops below this, it could indicate a significant bearish trend.
Support 2 (S2): The chart shows a support around $27.70, indicating a lower boundary set during the recent lows.
Technical Indicators:
MACD: The MACD line is below the signal line, and both are trending downward below the zero line, indicating strong bearish momentum.
RSI: The Relative Strength Index is approximately at 49, suggesting a neutral position. However, its proximity to the oversold territory indicates potential volatility and downside risk.
Analysis Conclusion:
The CREAM/USDT market shows signs of stress with a potential bearish bias as indicated by the prevailing lower highs and the MACD configuration. The critical support at $39.37 will be vital to watch in the coming days. A break below this level could lead to further declines, testing the $27.70 support zone.
Given the current market setup and the resistance at $55.09 acting as a near-term ceiling, my outlook remains cautious. Traders should prepare for potential volatility with a close watch on the indicated support and resistance levels. A breach above the immediate resistance at $55.09 could alter the bearish outlook, suggesting a reevaluation of the current trading strategy.
CREAMUSDT.1DUpon examining the CREAM/USDT daily chart, several critical technical indicators and levels are evident, offering insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Cream Finance (CREAM) has experienced a significant price increase, currently trading around 84.53 USD. The price recently spiked to a high of 97.97 USD before retracing. There are two major resistance levels to watch: R1 at 85.60 USD and R2 at 113.22 USD. The price is currently testing R1, and a successful break above this level could see it testing R2, indicating further bullish momentum.
Support Levels:
On the downside, the primary support level is identified as S1 at 73.70 USD. This level has shown strong buying interest and could act as a floor if the price continues to decline. Below S1, the next significant support level is S2 at 56.46 USD, which has been a critical support zone in the past.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 79.91, indicating that the asset is in the overbought territory. This suggests that the asset might be due for a correction or consolidation before any further upward movement. The Moving Average Convergence Divergence (MACD) indicator is showing strong bullish momentum, with the MACD line (blue) well above the signal line (orange)
and a positive histogram. However, the overbought RSI warrants caution.
Volume Analysis:
The volume pattern indicates that the recent price spike was accompanied by significant trading volume, suggesting strong market participation during upward movements. This heightened volume reinforces the bullish sentiment but also indicates the potential for volatility.
Conclusion:
In conclusion, the CREAM/USDT pair is currently in a strong bullish trend but is showing signs of being overbought according to the RSI. The MACD supports continued bullish momentum, but the overbought RSI suggests that a correction or consolidation might be imminent. Traders should closely monitor the support levels at 73.70 USD and 56.46 USD, as well as the resistance levels at 85.60 USD and 113.22 USD. A break above the resistance levels would confirm continued bullish momentum, while a failure to hold the support levels could lead to a deeper retracement.
Overall, the market sentiment for CREAM remains cautiously optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
CREAM Surges with Breakout Momentum: Eyes Set on $100!
Key Observations:
Ascending Channel Breakout:
The price has been trading within an ascending channel, with higher highs and higher lows.
A breakout from the channel is observed, with the price rising sharply from around $43 to $71.34 , indicating strong bullish momentum.
Support and Resistance Levels:
Major support levels identified: $15.59 and $42.34.
Major resistance levels identified: $58.57, $70.50 , and $100.45.
Volume and Price Action:
The volume appears to have increased significantly during the breakout, confirming the strength of the upward movement.
Candlestick Patterns:
The chart shows a large bullish candlestick, indicative of strong buying interest.
Indicators:
Stochastic RSI at the bottom of the chart is showing an underbought condition (below 20 level). This may indicate potential for a long-term bullish.
Technical Analysis:
Breakout Confirmation:
The price broke out of the ascending channel with a strong bullish candle, suggesting a possible continuation of the uptrend.
After breaking above $58.57 (previous resistance), the price surged to $71.34, confirming the breakout.
Potential Pullback:
Given the overbought condition on the Stochastic Oscillator, a pullback or consolidation phase might be imminent before further upward movement.
A retest of the breakout level around $58.57 or even the $42.34 support level is possible, which would be a healthy correction.
Price Targets:
Short-term target : The price could aim for $70.50 again, as it is the immediate resistance.
Mid-term target : If the bullish momentum continues, the next target would be $100.45, which aligns with the measured move from the breakout.
Long-term target : Sustained momentum could push the price beyond $100.45, but this would require continuous strong buying pressure and favorable market conditions.
I will keep updating this chart overtime
C.R.E.A.M. Finance CREAM/USDT Waiting for a potential breakout.
About Cream Finance (CREAM)
C.R.E.A.M. Finance is a decentralized DeFi lending platform, enabling financial services to a broad range of entities—from individuals to institutions.
As an integral part of the yearn.finance family, it aims to differentiate itself with its open-source, permissionless nature and compatibility with multiple blockchains, including Ethereum, BNB Chain, Polygon, and Fantom.
Users holding assets like Ether or wBTC and seeking avenues to optimize them, can position these assets onto C.R.E.A.M. to earn yields.
......................................................................................................................
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
$CREAM Performed Bullish Symmetrical$CREAM Performed Bullish Symmetrical in 2hr TF
What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
CREAM tradin idea (BUSD)Support at 10$ and 7$. Immediate support 12$. Goals are marked with green lines. final goal between 25$ and 31$. I think it has a good chart to trade. didn't grow too much in bull season.
There is also one thing I think it could happen with all coins that have only BUSD trading pair listed. they could get additional trading pair (most likely USDT), because of SEC problem with busd. So... if CREAM doesn't get delisted, it's price could bounce way above 25$.
Still... team wasn't really responsive on twitter until lately, but the recent tweet gave investors a little more hope. I think price could do at least 2x short term, if conditions are right.
CREAM trading ideaSupport at 10$ and 7$. Goals are marked with green lines. final goal 25$ (or 23$). I think it has a good chart to trade. didn't grow too much in bull season.
There is also one thing I think it could happen with all coins that have only BUSD trading pair listed. they could get additional trading pair (most likely USDT), because of SEC problem with busd. So... if CREAM doesn't get delisted, it's price could bounce way above 25$.
Still... team wasn't really responsive on twitter lately, but the recent tweet gave investors a little more hope. I think price could do at least 2x short term, if conditions are right.
CREAM - positive sentimentCould positive sentiment drive price further up, or will it drop in next few hours... next price movement is coming soon. Immediate support is at 10-11$.... First goal is 24-25$
We saw quite a volume on this coin several days ago, coin is also getting traction on social media, thanks to some crypto influencers. I am still bullish on bitcoin price (1W bullish divergence), so I can expect next bullish move from this coin. trade carefully.
CREAM (cream finance)Clearly we can see every other coin to test 200EMA at 1 day Timeframe but we have not seen this coin so far and I am expecting a breakout soon as well.
I would say short term = 30% and long term 300% price gain can be seen in CREAM.
Available on KUCOIN (USDT PAIR)
Available on Binance (BUSD PAIR)
Horizontal lines are resistance that is take profit points.
CREAM/USDT(REQUESTED CHART 3)!CREAM looks good here. Trading inside a falling wedge-like structure in 4hr timeframe.
Once we break this falling wedge, it will pump well. The first target will be $45
An important support level is around $28-$31
If you are holding this then hold this and SL will be if any 4hr candle closes below $28 then exit.
If you want to buy this then buy within the range of $28-$31
If you like this idea then do support it with like and follow.
Thank You!
U C What I C? $CREAM regains its Glory
The promise of $IRON has resulted in daily positive news as staking rewards propel buyers towards 2-4 year holds!
PROFILE
C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. Part of the yearn finance ecosystem, it is a permissionless, open source and blockchain agnostic protocol serving users on Ethereum, Binance Smart Chain, Polygon and Fantom.
CREAMBUSD Technical Analysis💎 CREAMBUSD after breaking above the wedge and the major resistance, can go for a pullback and the retest the support before it continues to go higher.
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🎳 Entry/Pullback now or from 42.6 - 34.1
☕️ TP1 50.1
🍺 TP2 60.2
🍻 TP3 70.5
🍾 TP4 80.8
🍷 TP5 90.4
🍸 TP6 100.0
🍹 TP7
🎁 TP8
🚫 SL 33.4 - 25.5
Good Luck 🎲
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