DOT is on the Verge of its Next Bull Rally | Polkadot Analysis💎Dot is currently positioned near a pivotal support area, having engaged with it on two occasions, signaling potential future movements.
💎At the moment, Dot finds itself within a zone of high demand. If it remains above this region, we might be on the cusp of a bullish ascent.
💎However, should it waver, a bullish trend may only emerge after revisiting the lower order block.
💎On closer inspection, we observed a phase where demand morphed into supply, resulting in a discernible price decline.
💎Looking forward, a distinct supply zone paired with a bearish order block is evident. There's a strong likelihood that Dot will undertake a bullish route to rectify this disparity.
💎In the ever-evolving crypto landscape, staying updated and versatile is paramount. Keep an eye out for further insights and savor your trading adventure.
Fundamental-analysis
SAND is Preparing For a Bullish Movement | SAND/USDT Analysis💎 SAND is currently charting its course within a defined triangle pattern, characterized by clear support and resistance demarcations. Here's a breakdown:
💎 Defined Boundaries: The triangle showcases consistent interactions at its support and resistance boundaries, emphasizing their role in shaping SAND's trajectory.
💎 Anticipated Breakout: As SAND approaches the triangle's resistance, market participants are watching keenly for potential price shifts.
💎 Breakout Potential: Should SAND pierce and sustain above the resistance, it could trigger a significant bullish wave.
💎 Bullish Catalyst: A successful triangle breakout could stimulate increased buying activity, driving SAND's price upwards.
💎 Technical Backing: This bullish narrative is complemented by other technical indicators, adding weight to the optimistic view.
💎Always ensure you undertake thorough research and due diligence before committing to any investment moves.
What's Next For Flagship Currency? BTC/USDT Analysis💎 The premier cryptocurrency, BTC, is currently nestled in a narrow range just beneath the $30k mark, with volatility seemingly taking a backseat.
💎 A glance at the 1D timeframe reveals a Bullish OB, coupled with a potential FVG situated just below the current price, spanning between $26k-$28k.
💎 Once BTC breaks free from this confinement, a dip to the FVG range is plausible, followed by a spirited ascent toward the $35k mark.
💎The optimal entry for this trade would likely be amidst this correction, and we're hopeful about BTC touching these projected levels in the near future.
💎However, on the flip side, if somehow the BTC can't hold the correction to the FVG range, we might be looking at $25-22k levels.
💎 Stay vigilant and keep abreast of the ever-evolving crypto landscape.
RNDR/USDT is Building Momentum for Next Rally
💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge.
💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout.
💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace.
💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop.
💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
VET is Ready for its Next Bullish Rally | VET/USDT Analysis 💎 VET/USDT is currently navigating a robust demand zone, hinting at a potential upward shift.
💎 Not long ago, it skillfully tapped into liquidity, tackled the descending OB, and set its course upward.
💎 As of now price is consolidating but we're on the lookout for a bullish surge past the trend line.
💎 With a clear supply zone and liquidity just above, there's a strong chance the price will engage with this level in the near future.
💎 In the ever-evolving crypto landscape, staying updated is crucial. Keep an eye out for further insights and savor your trading adventure.
LTC/USDT 1D Review Chart Hello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel where the price is moving in the lower range.
Moving on, we can move on to marking support areas when the correction begins to deepen. And here in the first place we have a support zone from $77 to $69, then we can see a drop to the second very strong support zone from $56 to $40.
Looking the other way, we see that the price first has to break the resistance at $87.31, then we have a strong support zone from $98 to $114, once we break it we will move towards the resistance at $134.
Please look at the CHOP index which shows that most of the energy has been used, on the RSI we have a rebound and we are moving in the lower part of the range, however on the STOCH indicator we can see that most of the energy has been used which may stop the current correction.
BNB/USDT 1D Chart ReviewHello everyone, I invite you to review the BNB chart taking into account the one-day interval. We can start by marking the local triangle with blue lines, as you can see we are approaching the exit of a specific product.
Let's start by marking the support spots for the price and we see that the price stays just below the support at $240.72, then we have a strong support zone from $235 to $228, however if the price goes lower, we have the next support at $220.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the zone from $244 to $248, then there is the second zone from $251 to $255, and then the strong resistance at $261.
The CHOP index indicates that there is a lot of energy to move, while the RSI moves around the middle of the range, which in combination with the STOCH indicator, we can see the price rebound.
Let Us Learn and Earn with them SHIB token BurnsI've been thinking and wanted to jot it down, on how things can end up with SHIB. I have a little story before we get into it, about how SHIB moves could be similar to how I saw the rise in DOGE. In 2018 I purchased around a couple thousand coins of DOGE at around 0.002. I eventually sold out my coins, made a little bit, and didn't think too much of it. Fast forward to 2021, there was a ton of PR around DOGE. News outlets were covering it. Influencers and Celebrities were all over it, pumping the coin up. Even billionaires were buying into it. What got me about it was that people that are not even in the crypto space or do anything with the markets, were talking about it. I had one person tell me how he had a large position in the coin and he was not going to sell. But another person that I knew, he had done no trading what so ever, said he was in DOGE trading it. At that point I knew that it was close to DOGE having a significant drop. Additionally, with SHIB having an extraordinary rise, random people started coming up to me asking if I had any SHIB positions.
This could possibly happen with SHIB again. There is a consistent amount of PR, but until it hits the mainstream like DOGE or how BTC and ETH did in 2017, there might be some movement but not as much as when the hype is there. Fundamentals can move the markets but not as much as people's feelings. At currently lvls, market cap is around 6.073 million, if SHIBarium does burn 5 trillion coins per month and pushes the total amount to 289 trillion total coins in the market (in 5 years), that would make price 0.000021.
It'll take another wave to push price higher or further burns (if SHIB total supply drops below hundreds of trillions to single digit trillions) to drop a few more zeros. Price could hit the $0.01 lvl or even the $1 as people have been talking about, but again, it would take burns along with more people pushing into the coin. With a lot of negative things going on surround promoting alt coins, there might be less influencers, celebrities, billionaires, sports players, and so on, wanting to put their name out there.
There is a lot of work going into developing SHIB. Most notably SHIBarium. SHIB started off on Uniswap with very little value. The coin started gaining traction and is trading on exchanges such as Kucoin, Webull, Binance, Robinhood, Coinbase. I think SHIB has a future and as long as there is constantly moves forwards, ensures the utility of the token, the SHIBArmy strengthens and keeps growing strong, and a steady stream of PR, this coin will hit $0.01 in 2030.
These are my own thoughts. Do your own due diligence when deciding to trade. Trading carries a lot of risk where you could lose more then you put in. This is for educational purposes and not investment or financial advise. I do have positions in SHIB.
Y'all have some good trading out there.
GBPCAD LONGA trade with the best entry point, the best R:R (1:13), the lowest risk and in the direction of the market trend.
In terms of fundamentals, due to the drop in oil prices and the impact on the Canadian currency, Mithian predicted that the British pound would become stronger.
Technical and fundamental shows growth.
Good luck.
EUR USD ideaTotally dig it, bro! 🌊🏄♂️ We got this sweet setup with the weekly structure giving us those bullish vibes. And man, that weekly high moving order book? It's like a symphony of perfect pairing, ready to serenade us into going long.
But, hold up, we can't ignore the big Kahuna in the room - the Dollar Index, aka DXY. It's like the maestro behind the scenes, calling the shots for the EURUSD dance. It's all about those fundamental numbers for the USD, dude. We're talking precision predictions here.
So check this out - on the DXY, we're spotting some volume imbalance action around 105.200. That's the groove it's vibing to, and it's hinting that the EURUSD might either chill in consolidation or catch a wave down to lower prices. But hey, we're just riding this gnarly thought process, man.
Here's the thing, though. The big players, those whales with the mega bucks, they're the ones steering this ship. If you ain't rollin' with 100 billion, you're not exactly moving the needle in this market, you know what I'm saying? It's like being a grom in a sea of sharks.
So stay sharp, stay smart, and let's ride these waves while keeping our eyes on those fundamental currents. It's a wild ride, and we're just carving our path, one calculated move at a time. 🤙🌊🦈
NZDJPY LAST WAVE DROPNZDJPY has been bearish since early July but started the trend with a possible leading diagonal which comprises of 5 waves and 3 sub-waves to it. Considering the diagram above, we are done with the waves 1, 2, 3, and 4 going for the completion of the last wave (wave 5). Wave A and B are done and price also going for wave C after which we can witness a big correction.
For now, lets see ow it plays out with a target of 410 pips from breakout.
WAVE 1 = 5 WAVES
WAVE 2 = 3 WAVES
WAVE 3 = 5 WAVES
WAVE 4 = 3 WAVES
WAVE 5 = 5 WAVES
AVAX is Preparing For a Long Bullish Rally 💎 AVAX is charting an optimistic path, securely nestled within a demand zone, and gearing up for an upward surge.
💎 Not long ago, it skillfully interacted with the Order Block, captured liquidity, established equal lows, and ignited a bullish momentum.
💎 At this crossroads, AVAX might either revisit the DZ level or aim higher, starting from the previous OB point.
💎 If AVAX fail to capitalize on its bullish energy from the last engaged OB level, brace for a potential drop of around -12.34%.
💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
BTC/USDT 4H Interval Review ChartHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First, we will use the blue lines to mark the local downtrend channel from which the price exited at the bottom and entered the downtrend channel.
Now we can move on to marking the places of support in the event of a correction. And here in the first place it is worth marking the support zone from $29397 to $29196, however, when we fall below this zone, we can see a drop to around $28910, and then we have strong support at $28534.
Looking the other way, we can determine the places of resistance in a similar way. We will first mark the resistance zone from $29,806 to $30,208, when we manage to break it, we have strong resistance at $30,598. Once the first strong resistance is overcome, we continue to have resistance at $31,149, and then there is resistance at $31,863.
Please pay attention to the CHOP index, which indicates that there is still energy for movement, the RSI indicator confirms the local sideways trend, but there is still room for the price to go lower, while the STOCH indicator shows that the energy for this moment has been used, which may affect the price rebound.
DASH/USDT is Ready For its Next Bullish Rally | DASH Analysis 💎 DASH is painting an optimistic landscape, particularly with its recent upward break from the descending wedge pattern.
💎 At the moment, DASHUSDT has tested its pivotal support and is charting an upward course.
💎 However, the POC of VRVP is acting as resistance, potentially pushing DASH to revisit its support zone.
💎 If DASH breaches its demand zone, a continued descent might be on the horizon which has minor chances. We are hopeful that DASH will continue its bullish rally.
💎 In the dynamic world of crypto, vigilance and staying updated are crucial. Keep a close watch and stay informed.
COMPUSDT Can Explode at Any Moment | Compound Analysis Today💎 COMPUSDT is showcasing an optimistic outlook, poised to accelerate its momentum imminently.
💎 Notably, COMP has been tracing the Elliot Wave sequence from 1-5. Post this wave, the price underwent a correction and revisited its support.
💎 At this juncture, COMP has secured liquidity and seems prepped for its subsequent ascent. Yet, caution is advised as a dip below the $49-$47 support range could alter the course.
💎 The primary and secondary support zones emerge as promising entry points to capitalize on this anticipated bullish surge.
💎 In the ever-evolving realm of crypto, staying informed is the key to thriving. Stay tuned and navigate your trading journey wisely with #MyCryptoParadise.
NZDUSD: Sentiment, Fundamental and Technical viewAccording to our online observations more than 80% of traders long NZDUSD right now!
However fundamentally by decreasing in price predictions of diaries, Kiwi could bear a more decline in long-term.
Next week RBNZD intrest rate decision could also change the market. (only if be different to predicitions).
Also China's political problesm with free world could effect New zealand more than Europe and USA!
Today might be good day to long for scalpers and other short-term traders.
But in mid-term and long-term We suggest shorting NZDUSD.
If just like us, you have some open short positions, it's good idea to clsoe some of them and short again in probable higher prices.
BTC USD ideaHey, fellow traders,
Check out the BTCUSD pair – there's a little something cooking on the lower timeframes. We're talking about the possibility of a fresh idea brewing if we spot a shift in structure on that 1-hour chart, whether it's today or during this weekend chill sesh.
So here's the deal: we're eyeing a potential scalp move upwards, but, and here's the key, we're looking for that sweet confirmation from the discount zone first. It's like waiting for that perfect wave to catch – gotta make sure the conditions are just right, you know?
Stay sharp, stay patient, and let's ride those price waves like the pros we are. Keep your eyes peeled, and remember, timing is everything in this trading game. So here's to a rad setup and some gnarly profits. Cheers to the charts and happy surfing! 🌊🏄♂️📈
KPR MILL LTD - 240 MINS LTD The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
CRVUSDT Presenting a Bullish Scenario? Curve Analysis Today💎CRVUSDT is presently navigating within a descending channel and making lower lows and lower highs on the 1D timeframe.
💎One critical point to notice is that it is positioned near a crucial support level, which aligns with the POC of VRVP.
💎 Just beneath, there's a pronounced demand zone and additional significant support that CRV could potentially approach for a retest.
💎 While there's a minimal likelihood that CRV may breach both these supports and persist in its decline, we're hopeful that CRV will emerge from this channel in the upcoming days.
💎Keep a lookout for further insights and relish your trading voyage with #MyCryptoParadise.
NEAR/USDT is on the Verge for a Bullish Rally | Near Analysis💎 NEARUSDT is on the cusp of breaking free from its descending channel, signaling a potential bullish ascent.
💎 Alongside this potential breakout, there's an imminent crossover with the 50 EMA. Should the price remain above this EMA, it could pave the way for a rewarding trade.
💎 NEAR is approaching a pullback zone for a retest. If this support falters, the downward trend might persist.
💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
AAVE/USDT is about to Get its Wings Back | AAVE/USDT Analysis 💎 Currently, AAVE has emerged from its wedge pattern. Notably, the POC of VRVP is serving as foundational support, and we've witnessed a retest of this level.
💎 It's also worth noting that the price is navigating beneath the 50 EMA. If this trajectory persists, our TP1 could be reached soon.
💎 On the flip side, should the price revisit the support owing to market unpredictability, there's potential for consolidation. Heightened sell-offs could then challenge the bullish trend.
💎 Stay updated with a precise analysis of your assets and enjoy your journey with #MyCryptoParadise
EUR USD ideaIn EURUSD, we're still chilling within last week's trade zone - not breaking high or low. We're right at that sweet 50% mark of the global range, so vibes are a bit mixed. But no worries, news coming today and tomorrow will light the path ahead. Stay tuned and ride the waves! 🌊🏄♂️
USD CPI m/m: Prices rose by 0.2% this month, same as before.
USD CPI y/y: Yearly prices jumped to 3.3% from 3.0% - inflation heating up!
USD Core CPI m/m: Core prices up 0.2%, like last time.
USD Unemployment Claims: More folks filed for jobless benefits, watch job market vibes.
USD Core PPI m/m: Core prices up 0.2%, slight bump from 0.1%.
USD PPI m/m: Prices climbed 0.2%, same as before.
USD Prelim UoM Consumer Sentiment: The vibe from consumers at 5:00pm - stay tuned!
Stay surf-ready for more market moves! 🌊🏄♂️