Get started

MASKUSD

Mask price will soon make a strong moveThe MASKUSDT price has been consolidating quite well lately in preparation for a possible strong price movement. The critical level below is $3.30. Fixing the MASK price below this level will open the way for a drop to at least the $2.35-2.60 range. A strong liquidity zone of range $4,00-6.30 hangs above the current price of the Mask Network token. Over the past 9 months, buyers have made at least three attempts to gain a foothold above this zone, but have failed. So, if buyers try to move price up again, the path will not be easy. They will face strong resistance around $4, $4.90-5.00, and $6.30. However, if MASKUSDT manages to gain a foothold above $6.30, it will open up the following medium-term targets: $9.80-10.00 and $13.50 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
34
MASK is Having a Hard Time For the time being MASK is still stuck in a bearish Channel. On June 21st -22nd, MASK had a chance to break above a former support trendline, now turned into resistance. Unfortunately, it failed. Next stop, IMO, is the 3.26 USD Support level. If it holds MASK can try for higher. This could also be a chance to try a long position with the invalidation below support. Not a high-confidence trade but the R:R ratio is insane. If MASK fails to hold the 3.26 USD level, next stops are 3.06 USD and 2.6 USD. Just to be clear, I am bullish on MASK. I think it has enormous upside potential. The only question IMO is when will MASK resume its uptrend, not if. Trade Idea: Entry: 3.06 SL: 2.87 Target: 7.2
Long
by NewThoughtCrypto
MASK Network Falling Wedge PatternCrypto MASK has recently formed a falling wedge pattern, which could potentially signal a bullish reversal in the near term. The falling wedge is a chart pattern characterized by a series of lower highs and lower lows, converging towards a point. This pattern typically suggests diminishing selling pressure and a potential breakout to the upside. In the case of MASK, the falling wedge pattern indicates that selling momentum may be waning, and buyers might be stepping in. This could lead to a potential price surge towards the projected price target of $4.50. Looking forward to read your opinion about it!
Long
by TopgOptions
MASK - The Cleanest Shirt in the Dirty Laundry• MASK has been one of the coins that performed the best during 2023. During the month of October 2022 MASK made an astonishing 500% on the back of the hype of Elon Musk’s purchase of Twitter. Since then, it has kept the uptrend and only lost the 200D EMA on June 10th, 2023. • Unlike other coins, MASK’s uptrend is not completely lost. MASK needs only an 11% price appreciation to be above the up-trending support line, the 200, 50 & 21 EMA’s. MASK doesn’t have a lot to go to be bullish again. IMO, the only factors that can work against MASK are: 1. All the resistance is clustered together in a tight range. 2. A recovery of the crypto market is not yet certain. • If Bitcoin regains bullish momentum and pushes up, IMO, MASK will outperform not only Bitcoin but many of the altcoins. • If we assume that MASK’s performance during the bear market is indicative of future performance; I fully expect MASK to at least make it to its ATH, maybe more. My Trade Ideas: 1. This one is a bit risky. The premise of this idea is that the Bitcoin correction is over, which is not certain. It is not a bad idea if you have high conviction about MASK and you want to buy a spot bag or trade without leverage. Entry: 3.64 SL: 3.04 TP: 4.87, 7.33, 13.26 2. This is a more conservative approach. Let MASK reclaim the trendline and the EMAs and go long above resistance. Entry: 4.87 SL: Below the trendline TP: 7.33, 13.26 and leave a moon bag. NFA What do you think? Please share in the comments Best wishes to all
Long
by NewThoughtCrypto
MASKUSDTAfter a good performance, the mask has now taken a bearish shape and is under a static resistance and a dynamic resistance, which caused the formation of a double top pattern a few days ago. My prediction for the next few days is that the price will move towards historical support and possibly Failure is support. which you can see in the chart. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Short
by Madoir
MASKUSD: Triangle breakout can get it to $7.00 fast.MASKUSD is trading on a Triangle pattern at the bottom of the long term Channel Up. Supported by the 1D MA200 and resisted by the 1D MA50, the 1D timeframe is technically neutral (RSI = 49.176, MACD = -0.028, ADX = 27.319) and the next breakout can deliver a big move. We will ideally wait until R1 breaks and buy targeting the R2 (TP = 7.17500). The 1D RSI shows, that the market has already bottomed. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:MASKUSDLong
by InvestingScope
13
#MASKUSDT Shows Strong Reversal Signals, Targets 24% UpsideThe recent price action of #MASKUSDT has sparked excitement among traders as it found strong support at the 361.8% Fibonacci level, marking a significant turning point in the market. Bulls took charge as the cryptocurrency broke free from a downtrend trendline, signaling a potential shift in the overall trend and offering promising opportunities for buyers. Notably, during a retracement, the price encountered strong demand at the 78.6% Fibonacci support, validating the bullish momentum and setting the stage for potential gains. Traders are now eyeing a potential 24% price surge in #MASKUSDT, but it's crucial to monitor the price closely and remain cautious, as any new lower low could alter the current outlook.
Long
by MyCryptoParadise
2