RUNEUSD Major bullish break-out above the 1 year pattern.THORChain (RUNEUSD) broke above the top (Lower Highs trend-line) of the 1 year Falling Wedge pattern (since the August 11 2022). This is a major bullish break-out, considering that the price also broke above not just the 1D MA200 (orange trend-line) but also the 1W MA50 (red trend-line) for the first time since April 26 2022.
As long as the 1.7250 - 1.9750 Resistance Zone holds, we expect a better buy opportunity back on the 0.382 Fibonacci retracement level assuming the 1D MA50 (blue trend-line) supports. The long-term target is 3.15000 (Resistance 3).
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Cryptocurrencies
Litentry (LIT) forming a bullish Shark for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Litentry (LIT) with US Dollar pair.
Previously we caught a nice of LIT as below:
Now on a 4-hr time frame, LIT is about to complete a bullish Shark move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XRDUSD Major bullish break-out.We last looked into Radix (XRDUSD) back in April, giving an accurate sell signal (see chart below) upon the 0.1200 Resistance rejection, hitting both of our 0.0700 and 0.0550 targets:
The price made today the first major bullish break-out since April, breaking above the Lower Highs trend-line, as well as the 1D MA50 (blue trend-line). It is testing now the 1D MA200 (orange trend-line) as a Resistance for the first time in a month but the key level to break will be the 1D MA100 (green trend-line), which had a clear technical rejection on Kuly 14 that made the Lower Low.
At the same time, the 1D RSI also broke above its Lower Highs trend-line, giving an additional buy signal, so if the candle breaks above the 1D MA100, we will buy the final confirmation and target 0.08600 (just below the 0.5 Fibonacci level).
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HBARUSD Textbook Channel Up pull-back. Buy above Resistance.Hedera (HBARUSD) hit today the top of its 3 month Channel Up. Such Higher Highs have called within this pattern for a pull-back to the 1D MA50 (blue trend-line) for the most optimal buy entry. If a 1D candle closes above Resistance 1 (0.07000) before such pull-back, we will have a new pattern emerging and we will buy the break-out, targeting Resistance 2 at 0.077950.
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KLAY/USDT - Klaytn: Ascending_Triangle◳◱ We've detected an Ascending Triangle pattern on the $KLAY / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance levels are at 0.1618 | 0.1669 | 0.1765 and the major support zones are respectively at 0.1522 | 0.1477 | 0.1381.
◰◲ General info :
▣ Name: Klaytn
▣ Rank: 87
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Klaytn is a Layer 1 PoS Blockchain network, with smart contracts that is utilizing the Ethereum Virtual Machine (EVM). It has a hybrid model with a mixture of public and private blockchain networks. Bridging between legacy institutions and crypto. Their recent focus is on the metaverse, Game-fi, and the creator economy content.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.1585 ₮
▣ 24HVol: 788,073.518 ₮
▣ 24H Chng: 1.213%
▣ 7-Days Chng: 2.00%
▣ 1-Month Chng: -11.59%
▣ 3-Months Chng: -9.80%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.1618 | 0.1669 | 0.1765
◢ Support: 0.1522 | 0.1477 | 0.1381
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.69
▣ Last 90D: -1.16
▣ Last 1-Y: -0.16
▣ Last 3-Y: 0.33
◲◰ Volatility :
▣ Last 30D: 0.41
▣ Last 90D: 0.55
▣ Last 1-Y: 1.04
▣ Last 3-Y: 1.22
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.96 - V. Bullish
▣ In-depth KLAYUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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BAKE/BTC - BakerySwap: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $BAKE / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000392 | 0.00000405 | 0.00000441, and the major support zones can be found at 0.00000356 | 0.00000333 | 0.00000297. Consider entering at the current price zone of 0.00000384 and targeting higher levels.
◰◲ General info :
▣ Name: BakerySwap
▣ Rank: 456
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: N/A
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000384 ₿
▣ 24HVol: 1.591 ₿
▣ 24H Chng: 1.857%
▣ 7-Days Chng: 13.56%
▣ 1-Month Chng: -24.15%
▣ 3-Months Chng: -39.20%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000392 | 0.00000405 | 0.00000441
◢ Support: 0.00000356 | 0.00000333 | 0.00000297
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.27
▣ Last 90D: -1.62
▣ Last 1-Y: -0.48
▣ Last 3-Y: 1.27
◲◰ Volatility :
▣ Last 30D: 1.00
▣ Last 90D: 0.80
▣ Last 1-Y: 0.92
▣ Last 3-Y: 2.36
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth BAKEBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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BITCOIN This is the last barrier standing before going parabolicBack in May we first showed on this channel the unique Bullish Cross that the KST indicator was about to make and how the previous three clear (July 2020, January 2016 and June 2013), all have kickstarted major Parabolic Rallies.
The Bullish Cross was completed in late May, BTC rose again in June on a new yearly High but failed again to break above its 3W MA50 (blue trend-line). This is the last Resistance standing on a Cyclical basis as in the previous Cycles once the 3W MA50 broke, it turned into Support (exception of course the COVID flash crash in March 2020) that guided the price into the Bull Cycle's final parabolic rally.
But what do you think? Is the MA50 the last barrier for Bitcoin before turning it into Support and breaking out parabolically? Feel free to let us know in the comments section below!
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Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 11,2023Technical Analysis and Outlook:
To its price action, Bitcoin experienced a "dead cat bounce," as projected by Trade Selector. Its current trajectory points to resuming the retest of the completed Outer Coin Dip 28900 and moving towards the next Outer Coin Dip 28200 and 26900, respectively. However, another jump toward the Mean Res 30050 level is also possible in this reactionary market.
OXT/USDT - Orchid: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $OXT / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.0933 | 0.0999 | 0.1124, and the major support zones can be found at 0.0808 | 0.0749 | 0.0624. Consider entering a trade at the current price zone of 0.088 and targeting higher levels.
◰◲ General info :
▣ Name: Orchid
▣ Rank: 350
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Services - Data Management
▣ Overview: Orchid aims to serve a privacy-preserving role in Ethereum’s web3 stack. It is an incentivized peer-to-peer privacy network and decentralized VPN application that enables private access to the Internet. Users pay Orchid node providers in exchange for bandwidth. These providers stake Orchid tokens, OXT, to sell bandwidth on the Orchid Network. Providers receive user requests for traffic in proportion to their stake weight.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.088 ₮
▣ 24HVol: 261,896.641 ₮
▣ 24H Chng: 2.564%
▣ 7-Days Chng: 2.13%
▣ 1-Month Chng: -3.04%
▣ 3-Months Chng: 29.28%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0933 | 0.0999 | 0.1124
◢ Support: 0.0808 | 0.0749 | 0.0624
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.09
▣ Last 90D: 1.61
▣ Last 1-Y: -1.03
▣ Last 3-Y: 0.46
◲◰ Volatility :
▣ Last 30D: 0.55
▣ Last 90D: 0.76
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.24
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.72 - Bullish
▣ In-depth OXTUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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APTUSD Major bullish break-out above the 7 month Resistance.Aptos (APTUSD) broke and closed yesterday not only above the 1D MA50 (blue trend-line) but more importantly above Lower Highs trend-line, since the January 26 High,, which is practically the Resistance of the whole year.
This is the first major (double) bullish break-out and buy signal since then. A closing above Resistance 1 (8.33250) will be a break-out buy signal for us, targeting Resistance 2 (9.46750). After that, we will buy again upon either a 1D MA50 (blue trend-line) pull-back or if a 1D candle closes above the 1D MA200 (orange trend-line). In either case, our target will be Resistance 3 at 13.1945.
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BITCOIN rally starting and next Top expected at least $200k!Bitcoin (BTCUSD) has made a 1D Double Bottom and seems to have priced the final low before a new rally that will take it to a new yearly high. The price is already on a 15 day high and it is an excellent time now to look at potential highs for this Cycle.
As we've done in the past, we will rely on the long-term time-frames for a more meaningful illustration of BTC's historic Cycles. Those are patterns that have repeated themselves over and over again, with some variations of course based on the current market conditions.
** The Fibonacci Channels **
Right now the price is above the 1W MA50 (blue trend-line), on a 8-month rally that hasn't been anything like short-term Bear Cycle rallies. The previous Cycles topped near Fibonacci trend-lines of prior Cycle Channels. For example the December 2017 Cycle Top was formed just below the bottom (Fib 0.0) of the orange Fibonacci Channel that started from the previous Cycle bottom. The November 2021 Top was formed just below the middle (Fib 0.5) of the blue Fibonacci Channel. This could be a +0.5 Fib progression and in that case the Top of the current Cycle might be just below the top (Fib 1.0) of the black Fibonacci Channel that started on the December 2018 bottom.
** The Halvings and $200k **
The 1.0 Fib at the time of (the next) Halving 4 (April 2024) will be above $200000, and as we know after each Halving, Bitcoin posts the most aggressive (parabolic) rally of the Bull Cycle. So that leads us to assume that the Top of the current Bull Cycle will be at least $200k. To give a relative sense of pathing, we have plotted the 'post Halving rallies' of the previous three Cycles on the current Channel starting on Halving 4.
Do you think that we will see $200k by 2025 Q3? Feel free to let us know in the comments section below!
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NWCUSDT 4H Golden Cross leading it to $0.20!Following the very accurate short-term buy signal we gave on NWCUSDT last week (see chart below), it is perhaps the most appropriate time to update our view as not only is the price technically testing the 1D MA100 (green trend-line) after a completion today of a 4H Golden Cross, but also fundamentally there are strong news empowering the project:
** Technical Analysis **
NWC easily hit our 0.073350 short-term target, offering a solid +25% profit since last week's analysis. As mentioned, it is ahead of a critical 1D MA100 test but the most important technical development is the completion of a 4H Golden Cross, which is the 4H MA50 (blue trend-line) crossing above the 4H MA200 (orange trend-line) for the first time since March 24.
As you can see on the chart, the 4H MA50 has been supporting since August 03 and that has created a Rising Wedge pattern. A break above this pattern will immediately be a break above both the 0.382 Fibonacci level as well as the key Resistance of the 1D MA100. That will be the best confirmation to buy and we will target 0.11000 (0.618 Fibonacci level) and in extension 0.2000 (previous market High and current long-term Resistance).
Any pull-back after that break-out will be a buy opportunity, as the price never looked back following the last 4H Golden Cross on its way to $0.2000.
** Fundamental Analysis **
From a fundamentals perspective, the latest news evolve around the Mercury Trade platform, the prestigious program which is adding high value to NWC. Mercury's burning event along with the $10,000 trading challenge are among the news dominating the market with specific mention also to AI updates on AI bots. In our opinion, these are strong and sure steps to the right direction for the project as a whole as the team is taking good care of assuring investors that NWC is on the right path with regards to a safe, sustainable and profitable future.
** Conclusion **
The market is giving all the right signs that a +170% is being staged and the confirmation signal will come upon breaking the 1D MA100. We have already called our target $0.20 weeks back and our perspective is unchanged. There is no better time to buy NWC than now as the price is still low.
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BNT/BTC - Bancor: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $BNT / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001319 | 0.00001361 | 0.00001427, and the major support zones can be found at 0.00001253 | 0.00001229 | 0.00001163. Consider entering at the current price zone of 0.00001799 and targeting higher levels.
◰◲ General info :
▣ Name: Bancor
▣ Rank: 279
▣ Exchanges: Binance, Huobipro, Poloniex, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Bancor is a decentralized exchange (DEX) built on the Ethereum and EOS blockchains. The Bancor protocol employs an automated market maker (AMM) smart contract to facilitate token trades against token liquidity pools without matching buyers and sellers. It has a built-in token called BNT that serves as the common price token to fulfill trades among other smart contract tokens. A portion of total trading fees are distributed to Liquidity Providers, or LPs, that deposit tokens into Liquidity Pools. Trading fees also protect user deposits from Impermanent Loss while minted and burned BNT supply maintains the constant market function for continuous token pricing. While Bancor already exists on Ethereum and EOS, it can be integrated into any smart contract-enabled blockchain to provide cross-chain liquidity.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001799 ₿
▣ 24HVol: 121.240 ₿
▣ 24H Chng: 23.813%
▣ 7-Days Chng: 35.80%
▣ 1-Month Chng: 37.51%
▣ 3-Months Chng: 14.85%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001319 | 0.00001361 | 0.00001427
◢ Support: 0.00001253 | 0.00001229 | 0.00001163
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.77
▣ Last 90D: 1.00
▣ Last 1-Y: 0.41
▣ Last 3-Y: 0.15
◲◰ Volatility :
▣ Last 30D: 1.84
▣ Last 90D: 1.14
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth BNTBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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GNS/BTC - Gains Network: Resistance_Breakout_Confirmation SuperT◳◱ On the AMEX:GNS / MIL:BTC chart, we have identified two robust trading patterns: the Resistance Breakout and the Super Trend. These patterns have aligned to convey a resolute bullish trend. The Resistance Breakout has convincingly breached a notable resistance level, while the Super Trend solidifies this outlook with a sustained bullish trajectory. Considering the synchronization of these powerful signals, it is wise to contemplate initiating a long position and aiming for higher levels. Our comprehensive analysis identifies key resistance levels at 0.0001608 | 0.0001707 | 0.0001906 and significant support zones at 0.0001409 | 0.0001309 | 0.000111. Nevertheless, it is essential to exercise caution and thoroughly assess additional factors, including overall market conditions and supplementary technical indicators, before committing to any trading decisions.
◰◲ General info :
▣ Name: Gains Network
▣ Rank: 198
▣ Exchanges: Binance
▣ Category/Sector: N/A
▣ Overview: Gains Network project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0001518 ₿
▣ 24HVol: 0.128 ₿
▣ 24H Chng: 0.864%
▣ 7-Days Chng: -4.59%
▣ 1-Month Chng: 14.88%
▣ 3-Months Chng: -27.13%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001608 | 0.0001707 | 0.0001906
◢ Support: 0.0001409 | 0.0001309 | 0.000111
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.88
▣ Last 90D: -1.67
▣ Last 1-Y: -1.64
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: 0.75
▣ Last 90D: 0.67
▣ Last 1-Y: 0.86
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth GNSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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What a Wonderful Time - to be a - Shib🐶fan🚀 BINANCE:SHIBUSDT
COINBASE:SHIBUSD
CRYPTOCAP:SHIB
Buy now or miss out on the ride as signs are pointing up for the next big move - This will last until the 1'st of September be expecting heavy peak drops but a potential rise back to another potential level shib is on the move and it get's no better than this till October.
Day Chart and closing predictions
What are your thoughts on this potential rise?
#buyshibnow!
CHZ/USD Local trade. Pivot zone.Logarithm. Time frame 1 day. Local trend. The reversal zone (price squeezed) in the descending channel.
After the rebound, the price is squeezed in a narrow zone of 124-144. The chart shows the percentages to the key support/resistance levels from this price squeeze zone.
Risk management.
It's worth noting that the price of the coin is at a super profit, I've clearly shown this on the chart, which shows the entire main, long-term trend (the entire trading history). Consequently, when working on a coin, you need to keep this in mind and limit potential losses. Observe the risk management.
Secondary trend. Time frame 3 days.
CHZ/USDT Secondary trend
What does Paypal USD mean for Eth ? Will we have a McDollar ??Paypal launches PYUSD
This does not mean it will get adoption just because Paypal wants it to. There may be regulatory hurdles incoming just as we saw with Libra and Diem for FB // Meta. This is now a clear trend though where larger traditional companies are seeing the immense upside in their own stablecoin products. I dont think this trend is going to die out.
Where does it go ?
I think this is leading to a McDollar. Just as Big Mac index is a good rule of thumb for judging currencies.. a McDollar is a good option for currency itself. Goods or services in demand can be digitalised into currency on the back of the traditional product. This is great for provider and customer both. Prosperity is about speed. From the wheel to the sail to the car to the internet. Moving things (people//stuff) faster is compounding the human ability to create more together. Prosperity.
Can Eth handle it ?
I believe so. There are many "eth killers" now and there'll likely be more popping up esp by more traditional outfits. At this stage though what Ethereum has done to compete well against crypto competitors is add layers with utility related to their core layer flaws. Rollup technology allows Eth to outsource the heavy lifting of smaller transactions. Rather than individual $3 nfts clogging the network one by one we are likely to see places like Paypal use rollup technology to bundle microtransactions and send them thru the network that way. This will reduce costs involved and increase time to settle for everyone.
DASHUSD Still bearish unless the Channel Down breaks.Dash (DASHUSD) is testing today the 1D MA50 (blue trend-line) for the 4th time in the last 30 days. All resulted into rejections, and each failure cements the bearish trend inside the 6 month Channel Down. As long as this holds, we are bearish, targeting 27.500 (just above the June low).
If the price breaks above the top (Lower Highs trend-line) of the Channel Down however, it will be the strongest buy signal of the year, and we will buy, aiming at the 0.5 Fibonacci and a potential contact with the 1D MA200 (orange trend-line) at 45.000.
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API3/USDT - API3: Trend_Reversal◳◱ An intriguing development has unfolded on the CRYPTOCAP:API3 / CRYPTOCAP:USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 1.17 | 1.263 | 1.446 and the significant support levels found at 0.987 | 0.897 | 0.714. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 1.109, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: API3
▣ Rank: 246
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Services - Data Management
▣ Overview: API3 is a collaborative project to deliver traditional API services to smart contract platforms in a decentralized and trust-minimized way. It is governed by a decentralized autonomous organization (DAO), namely the API3 DAO. Therefore, API3's code is open source and its operations are transparent.
◰◲ Technical Metrics :
▣ Mrkt Price: 1.109 ₮
▣ 24HVol: 2,760,362.841 ₮
▣ 24H Chng: 4.131%
▣ 7-Days Chng: -3.13%
▣ 1-Month Chng: 12.31%
▣ 3-Months Chng: -23.45%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.17 | 1.263 | 1.446
◢ Support: 0.987 | 0.897 | 0.714
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.89
▣ Last 90D: -1.65
▣ Last 1-Y: -0.30
▣ Last 3-Y: 0.68
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.73
▣ Last 1-Y: 0.89
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth API3USDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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PERP/BTC - Perpetual Protocol: Resistance_Breakout_Confirmation◳◱ An impressive Resistance Breakout and Confirmation has been detected on the $PERP / CRYPTOCAP:BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.00001697 | 0.00001749 | 0.00001857, while substantial support zones are identifiable at 0.00001589 | 0.00001533 | 0.00001425. It is highly recommended to seize this opportunity by entering a trade within the present price range of 0.00001771 and setting sights on higher levels of profitability.
◰◲ General info :
▣ Name: Perpetual Protocol
▣ Rank: 421
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Financial - Derivatives
▣ Overview: Perpetual protocol is a decentralized protocol to trade perpetual contracts for every asset powered by a Virtual Automated Market Maker (vAMM). The project aims to create novel financial instruments by democratizing Futures and other crypto-asset derivatives.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001771 ₿
▣ 24HVol: 2.649 ₿
▣ 24H Chng: 2.134%
▣ 7-Days Chng: 5.89%
▣ 1-Month Chng: 0.25%
▣ 3-Months Chng: -11.62%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001697 | 0.00001749 | 0.00001857
◢ Support: 0.00001589 | 0.00001533 | 0.00001425
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.55
▣ Last 90D: -0.98
▣ Last 1-Y: -0.20
▣ Last 3-Y: 0.50
◲◰ Volatility :
▣ Last 30D: 0.50
▣ Last 90D: 0.77
▣ Last 1-Y: 1.10
▣ Last 3-Y: 1.47
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.39 - Bearish
▣ In-depth PERPBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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DAR/BTC - Jupiter: Resistance_Breakout_Confirmation◳◱ An impressive Resistance Breakout and Confirmation has been detected on the NYSE:DAR / CRYPTOCAP:BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.00000348 | 0.00000359 | 0.00000379, while substantial support zones are identifiable at 0.00000328 | 0.00000319 | 0.00000299. It is highly recommended to seize this opportunity by entering a trade within the present price range of 0.00000379 and setting sights on higher levels of profitability.
◰◲ General info :
▣ Name: Jupiter
▣ Rank: 654
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: N/A
▣ Overview: Jupiter project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000379 ₿
▣ 24HVol: 6.603 ₿
▣ 24H Chng: 11.144%
▣ 7-Days Chng: -12.29%
▣ 1-Month Chng: -14.96%
▣ 3-Months Chng: -41.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000348 | 0.00000359 | 0.00000379
◢ Support: 0.00000328 | 0.00000319 | 0.00000299
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.84
▣ Last 90D: -3.00
▣ Last 1-Y: 2.85
▣ Last 3-Y: 2.18
◲◰ Volatility :
▣ Last 30D: 0.81
▣ Last 90D: 0.79
▣ Last 1-Y: 73.55
▣ Last 3-Y: 57.98
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth DARBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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FXS/BTC - Frax Share: SuperTrend Resistance_Breakout_Confirmatio◳◱ We have successfully identified two favorable trading patterns, namely the Super Trend and the Resistance Breakout, on the CRYPTOCAP:FXS / CRYPTOCAP:BTC chart. Both of these indicators are signaling a bullish trend, with the Super Trend indicating a sustained uptrend and the Resistance Breakout confirming this sentiment by surpassing a key resistance level. Given the alignment and convergence of these powerful signals, it is highly advisable to consider entering a long position with ambitious profit targets. Our meticulous analysis reveals that key resistance levels are present at 0.00020233 | 0.00021426 | 0.00023829, accompanied by significant support zones at 0.0001783 | 0.0001662 | 0.00014217. However, it is essential to exercise prudence and consider other crucial factors, such as overall market conditions and additional technical indicators, before finalizing any trade decision.
◰◲ General info :
▣ Name: Frax Share
▣ Rank: 91
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Financial - Stablecoins
▣ Overview: Frax attempts to be the first fractional-algorithmic stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins. The Frax protocol is a two token system - the stablecoin FRAX, and Frax Shares (FXS), which are used to stablise the system, accrue seigniorage revenue and fees, as well as provide governance rights. The degree to which FRAX is collateralized is determined by market forces, with the collateral ratio determining the proportion of FRAX outstanding to be backed by collateral, with the remainder in FXS.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00019968 ₿
▣ 24HVol: 0.644 ₿
▣ 24H Chng: 3.504%
▣ 7-Days Chng: 2.92%
▣ 1-Month Chng: -6.84%
▣ 3-Months Chng: -36.01%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00020233 | 0.00021426 | 0.00023829
◢ Support: 0.0001783 | 0.0001662 | 0.00014217
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.45
▣ Last 90D: -1.77
▣ Last 1-Y: 0.65
▣ Last 3-Y: 0.70
◲◰ Volatility :
▣ Last 30D: 0.91
▣ Last 90D: 0.83
▣ Last 1-Y: 0.97
▣ Last 3-Y: 21.80
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth FXSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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