$MASK Buy in Green, Sell in red for 250% upsideI think alts still have one more leg down before they bottom.
If that thesis plays out, then I think you could bid $1.73ish-$2.08 and hold until $Mask retests resistance at $6.18 for a shot at 250% to the upside.
Let's see how this idea plays out over the coming weeks.
MASKUSD
MASK long setupThe symbol MASK is formed by Saudi signals.
With reference to the Saudi CH and higher cuff formation, the chest of two TPs can be demonstrated.
I also specified the invalidation level, closing a daily candle above this level will cause an analytical violation.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Short-term bullish reversal: above 2.606Hello?
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(MASKUSDT chart)
The key is whether the price can be maintained above 2.216-2.269 and rise above 3.592.
(1D chart)
It is expected that a full-fledged upward trend will begin only when it rises above 4.557-4.818.
The key is whether the price can be maintained above 2.519-2.606 and rise above 3.090.
If it falls below 2.519, it is expected to fall to around 2.111, so you need to think about a response plan.
Since a short-term resistance zone is formed in the 3.090-4.150 range, there is a possibility that the upward movement will be limited.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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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
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Mask long idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
MASKUSDT📊 #MASKUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 3.660 $
📌TP1: 4.74 $
📌TP2: 5.84 $
📌TP3: 7.19 $
❌SL: 3.04 $
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
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!
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
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."
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.
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#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.
MASK SHORT TERM ANALYSISHi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the MASK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MASK is really BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MASK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MASK IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You