BTC/USDT Daily Chart UpdateBTC/USDT is trading at around 60,912 USDT, hovering close to the immediate resistance level at 62,000 USDT. This is a critical juncture for the price action.
Immediate Resistance: 62,000 USDT. A successful breakout above this level could signal a bullish trend, potentially targeting higher resistance levels at 71,462.14 USDT and 73,449.96 USDT.
Immediate Support: Around 58,000 USDT. A break below this level could lead to further declines towards the long-term support at 52,408.76 USDT.
MACD Indicator: The MACD line is slightly above the signal line, indicating a bullish momentum. However, the histogram is relatively neutral, suggesting caution.
Volume and Moving Averages: Traders should closely monitor volume spikes and moving average crossovers to confirm trend reversals or continuations.
The market is at a critical point. If BTC/USDT breaks above 62,000 USDT, it could pave the way for higher targets. Conversely, failure to break this resistance could lead to a retest of lower support levels. Keep an eye on market sentiment and key indicators for potential signals.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
Crtpto
#HEX vs #ETH one crazy S/R Line A great study of a Key level / ratio
Key levels on charts are where significant price action occurs over the course of time.
For the HEXETH chart 0.000002 has proven one of the most interesting and pivotal for sure.
If we had of broken down these past 5/6 months
Then it could be argued it would be signalling an abandonment of this project ( at the least on the ethereum side)
but the continual support and wick action indicated footsteps of big players coming and seeing it as a value zone.
This could be a nice spring for this ratio going forward. With a W formation also appearing to be forming.
Best of luck in your speculations.
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) retreated below the 1,800 level on Wednesday, snapping a six-day winning streak.
Following a high of 1,852.68 during yesterday’s session, ETH/USD fell to a low of 1,758.69 earlier in the day.
ETH has since rebounded, marginally, and is now trading at $1,784.57, which is over 3% lower than Tuesday’s peak.
sentiment remains largely positive, with the 10-day (red) moving average extending its upward trend versus its 25-day (blue) counterpart.
Although the RSI in ethereum is also overbought, and tracking above 70.00, bulls could attempt to push the price above $1,900 in this upcycle.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
INJ SELL OPPORTUNITYHello dear traders. Here my idea to INJUSDT . we will expect short term bearish continuation.
Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile.
Good luck to you.
This idea does not provide the financial advice.
BTCUSDT (BITCOIN) Daily: 18/02/2023:🔴Important caption🔴
As you can see, exactly as we expected the price touched the demand zone and reached 25200 and then had a correction.
Well, there is a liquidity void (that you can see on the chart) that we can expect to fill.
For now, If the price can stay above 23k, the price can see more rise.
We can define targets as follow:
26240
26800
27450
28000
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
BITCOIN LONG 20230213 - Second EntrySignal: Blue -> Green * N
BTC , BTCUSD , BTCUSDT , BTCUSDTPERP , BTCBUSDPERP , BITCOIN , CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
#GRT/USDT BREAKOUT AND RETEST READY TO PUMP 250% !Welcome to this quick GRT/USDT analysis.
I have tried to bring the best possible outcome in this chart.
(SPOT CALL)
Entry:- CMP $0,08945
Traget:- 250%
Stoploss:- $0.08191
Hold it for some long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH UPDATE:-Ethereum (ETH) was also subjected to the bearish onslaught, as the token fell below $1,600 the day before the anticipated start of The Merge event.
Less than 24 hours after hitting a high of $1,637.05, the world’s second-largest cryptocurrency dropped to a bottom of $1,446.03 on Wednesday.
The drop in ETH/USD sees the token hit its lowest point in the last week, taking it close to a long-term floor of $1,550.
Bulls have so far resisted a breakout below this point, with many choosing to reenter and buy the current dip.
As of writing, Ethereum is trading at $1,475.08, with bulls likely hoping to take prices back above $1,600.
Many still expect that ETH will rally in upcoming days, remaining optimistic about tomorrow’s Merge, and the long-term implications it could have.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
USDJPY: A New Crypto Pump Coin 🚀'It looks like buyers are making a play and solidifying that break above 140.00. There is plenty of upside room to roam for the pair with the next key resistance region being closer to the psychological level near 145.00. As much as Japanese officials are trying to jawbone to slow down the pace of the yen decline, it is nothing more than a speed bump still at this stage.
With markets still sticking with the narrative of a more aggressive Fed and Treasury yields keeping the faith (10-year yields are up 4 bps to 3.23% today), the path of least resistance is still for a move higher in USD/JPY.'
- ForexLive Article
The USDJPY pump has been incredible to watch, with some referring to it as a crypto coin pump 😂.
We have two options on how to trade it successfully:
1) We either wait for a pullback to sweep liquidity from the trendline to buy into the highs
OR
2) We wait for the highs to be taken to sell down into the trendline liquidity.
Those are my options, for now, we must sit on our hands because price is not in a desired location to trade.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, I'll be glad to talk to you💬
#MATIC/USDT 30M UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see from the above-mentioned chart that MATIC/USDT was trading inside the falling wedge channel and broke above.
Currently, it's moving downside to retest the upper trend line which is the buying zone for the matic to earn a good amount of profit in upcoming hours.
So we can take entry at the
#MATIC/USDT LONG TRADE SETUP
ENTEY:-CMP and $0.8830
TARGET:-20%
STOP LOSS:-$0.8700
WITH LAVERAGE:-10x to 20x
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.